Sage Extract Market report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Sage Extract Market by region.
Global Sage Extract Market is valued at approximately USD 4.30 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.19% over the forecast period 2022-2029.
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Sage is used as a natural supplement. It is a plant that is indigenous to countries that surround the Mediterranean Sea. Tannic acid, ursonic acid, carnosic acid, fumaric acid, niacin, flavones, chlorogenic acid, and caffeic acid are all found in sage leaf. Sage is produced from the Salvia officinalis plant’s leaf. It is also known as garden sage, dalmatian sage, real sage, and common sage. It demonstrates health-promoting properties like expectorant, cicatrizant, antifungal, antioxidant, antiseptic, and antibacterial properties. Sage Extract is widely used in cosmetics products. Thus, the rising cosmetics industry would create lucrative demand for the market. Also, another factor driving market is the growing pharmaceutical industry. The preparation of medicines for the treatment of digestive problems, such as diarrhoea, gastritis, appetite loss, and heartburn, uses sage extract. Additionally, sage extract is used to reduce excessive sweating and salivation. Sage extract is also used in medicinal uses for disorders such as depression and memory loss.
According to Statista, in 2015, the revenue of the global cosmetics market was USD 77,845.5 million and the number is anticipated to reach USD 1,31,041.2 million by 2026. Also, rising demand for herbal medicinal products and supplements will create lucrative opportunities for the market during forecast period. However, the high cost of Sage Extract stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Sage Extract Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the rising uses of sage extract in medicinal products in the region. North America is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising demand in cosmetics and pharmaceutical industries would create lucrative growth prospects for the global Sage Extract Market across the North America region.
Major market players included in this report are:
- Sibelius
- Mountain Rose Herbs
- Avoca Inc.
- Aphios Corporation
- Wuhan Dahua
- App Chem-Bio
- Greenlife
- Shanxi Jinjin
- Haotian
- Capot
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Recent Developments in the Market:
In 2018, Barrington Nutritionals, a leader, and provider of a diverse portfolio of additives and ingredients introduced its newest natural extract Sibelius: Sage. It has been clinically proven to improve cognitive performance within an hour of taking the suggested dose; it is a fast-growing substance in the field of cognitive health.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Nature:
Organic
Conventional
By End-Use:
Cosmetics and Personal Care Industry
Pharmaceutical Industry
Others
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
ROLA
Rest of the World
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Scope of the Report:
The scope of this report encompasses a comprehensive analysis of the market growth expected to occur from 2023 to 2030. Through meticulous research, we have organized data pertaining to the evolving market structures that exert influence on industries, markets, technologies, and capabilities. Our report presents a thorough examination of relevant statistics, opportunities, challenges, drivers, restraints, limits, market size, share, and trends. By delivering valuable insights, we aim to provide a comprehensive understanding of the market landscape.
Our Sage Extract Market Report is divided into several chapters to provide readers with a comprehensive understanding of the market.
Chapter 1 includes the scope of the report, research methodology, and other relevant information regarding the report’s contents.
Chapter 2 provides an executive summary, including the global Sage Extract market size, sales and revenue, and compound annual growth rate (CAGR). It also includes the Sage Extract market size by region, type, and application, historical data from 2018 to 2023, and a forecast until 2030.
Chapter 3 focuses on Sage Extract market sales, revenue, average price, global market share, and industry ranking by company from 2018 to 2023.
Chapter 4 presents global Sage Extract Market sales and revenue by region and country. It provides country-specific data and market value analysis for regions including the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America, and the Middle East and Africa.
Chapters 5 through 8 delve deeper into the market, focusing on sales segments by country and type for each region including the Americas, APAC, Europe, and the Middle East and Africa.
Chapter 9 analyzes current market trends, market forecasts, opportunities, and economic trends that may affect the future of the marketplace.
Chapter 10 examines the manufacturing cost structure analysis of the market.
Chapter 11 explores sales channels, distributors, and customers.
Chapter 12 presents a world forecast review for geographic regions.
Chapter 13 analyzes key players in the market.
Chapter 14 provides research findings and a conclusion.
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