The report published on global Rhodiola Root Extract Market is an extensive analysis of the market with a panoramic overview of the industry with regards to market size, market share, revenue growth, opportunities, drivers, restraints. The Rhodiola Root Extract Market offers precise market scenario crucial real-time information about the developments and advancements in the market to help readers, stakeholders, and investors capitalize on the emerging opportunities. In addition, regional analysis and competitive landscape are covered in the report to offer clear picture of the market growth. Development policies and plans along with manufacturing processes and costs structures are covered in the report.
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The global rhodiola root extract market size was significantly robust in 2020 and is expected to register a steady revenue CAGR over the forecast period. Key factors driving market revenue growth include increasing awareness regarding mental health problems such as depression and anxiety, and rising need to boost immunity in people.
Rhodiola rosea is a plant that grows in cold climates across Europe and Asia. The root has been used in traditional medicine for a long time. Rhodiola is a plant native to Europe, Asia, and Alaska\’s arctic regions and has been used as a medicinal plant for centuries in Iceland, Sweden, France, Russia, and Greece. It is basically used to boost energy, stamina, strength, and mental ability. Popularly used as a adaptogen, it aids in improving resistance capacity of body to physical, chemical, and environmental stress. Rhodiola root extracts also have anti-fatigue, anti-cancer, and neuroprotective properties and are available in the form of capsules, tablets, dried powder, and liquid extracts.
Major Companies:
- Solgar Inc
- Swanson Health Products
- Planetary Herbals
- Nutracraft
- Vitamin World
- aSquared Nutrition
- Anhui Tianyang Pharmaceutical
- PLT Health Solutions, Inc.
- Amax NutraSource, Inc.
- Changsha Organic Herb Inc.
- Gaia Herbs
The COVID-19 impact Analysis: The growing COVID-19 pandemic has led to the weakening demand for coatings in electronics, automotive, construction, and white goods. The market has the capacity to bounce back, but it completely depends on the duration of the lockdown, and also the impact of the virus on the economy. Even though the overall demand of the market is falling, the demand for Rhodiola Root Extract is expected to rise in the coming years.
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Type Outlook:
- Tablets
- Capsules
- Liquid and Sprays
- Powder
- Others
Application Outlook:
- Depression Treatment
- Heart Disease Treatment
- Cancer treatment
- Others
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Regional Outlook
For comprehensive understanding of market dynamics, the global Rhodiola Root Extract Market is analysed across key geographies namely: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). Each of these regions is analysed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of the Rhodiola Root Extract Market
– Changes in industry market dynamics
– Detailed market segmentation by type, application, etc.
– Historical, current and projected market size in terms of quantity and value
– Recent industry trends and developments
– Competition situation of Rhodiola Root Extract Market
– Key companies and product strategies
– Potential niche segment/region showing promising growth.
Finally, the Rhodiola Root Extract Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.
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