Asparagus extract is derived from Asparagus racemosus or from Asparagus officinalis and is also known as Shatavari Extract. Asparagus racemosus is recommended by Ayurveda for the treatment of dyspepsia and gastric ulcers and therefore is used in industries such as nutraceutical, and pharmaceutical, among others.
This report contains market size and forecasts of Asparagus Extract in global, including the following market information:
Global Asparagus Extract Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Asparagus Extract Market Sales, 2017-2022, 2023-2028, (Tons)
Global top five Asparagus Extract companies in 2021 (%)
The global Asparagus Extract market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Liquid Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Asparagus Extract include Chi's Enterprise, SA Herbal Bioactives, SV Agrofood, Sava Healthcare, Xi'an Tianrui Biotech, Navchetana Kendra and Allpure Organics, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Asparagus Extract manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Asparagus Extract Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Asparagus Extract Market Segment Percentages, by Type, 2021 (%)
Liquid
Powder
Global Asparagus Extract Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Asparagus Extract Market Segment Percentages, by Application, 2021 (%)
Food and Beverage Industry
Cosmetics and Personal Care Industry
Pharmaceutical Industry
Others
Global Asparagus Extract Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Asparagus Extract Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Asparagus Extract revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Asparagus Extract revenues share in global market, 2021 (%)
Key companies Asparagus Extract sales in global market, 2017-2022 (Estimated), (Tons)
Key companies Asparagus Extract sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Chi's Enterprise
SA Herbal Bioactives
SV Agrofood
Sava Healthcare
Xi'an Tianrui Biotech
Navchetana Kendra
Allpure Organics