Codonopsis Root Extract Market, Global Outlook and Forecast 2023-2029

Codonopsis is one of the most famous and widely used Chinese tonic herbs. It is very mild and without any side effects, yet it is a superb Qi tonic. It invigorates the Spleen and Lung functions so that Qi is replenished and it promotes the production of body fluids. Codonopsis is also an excellent blood tonic and a major immune system tonic. It is believed to have an action similar to that of Ginseng, but milder. It is often used in place of Ginseng in formulas that actually call for Ginseng to be used as a main Qi tonic, especially when the purpose of the formula is to invigorate the Spleen and Lung functions. This is totally acceptable in the Chinese herbal system. Its blood building quality makes it especially good for people who are weakened due to illness. Codonopsis is extremely effective at relieving chronic fatigue. Many women use it to build blood and the Chinese consider Codonopsis to be an herb perfectly suited to nursing mothers, holding that Codonopsis helps produce milk and that the nutrients in Codonopsis are especially nourishing to babies. Codonopsis is an excellent herb for children. Codonopsis is mild yet it has powerful strengthening effects, especially on the digestive, respiratory and immune systems. It builds strong muscle in children. It is rich in immune stimulating polysaccharides that are beneficial to every one. They have also been shown to be useful in supporting the immune systems of people with cancer who are using the herbs in conjunction with conventional cancer therapies. Codonopsis has been demonstrated to have radiation protection activity and can be effective in protecting cancer patients receiving radiation therapy from the side effects without diminishing its benefits. Codonopsis also has interferon-inducing activity that may be of importance in many immune deficiency conditions, including HIV infection.
This report aims to provide a comprehensive presentation of the global market for Codonopsis Root Extract, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Codonopsis Root Extract. This report contains market size and forecasts of Codonopsis Root Extract in global, including the following market information:
Global Codonopsis Root Extract Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Codonopsis Root Extract Market Sales, 2018-2023, 2024-2029, (K Tons)
Global top five Codonopsis Root Extract companies in 2022 (%)
The global Codonopsis Root Extract market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Powder Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Codonopsis Root Extract include Huisong Pharmaceuticals, Refine, Naturalin Bio-Resources, Ningbo Loncin Biotechnology, Shaanxi Jintai Biological, Shaanxi Gongbo, HUNAN HUAKANG BIOTECH INC, Greaf and Novoherb Technologies, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Codonopsis Root 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 Codonopsis Root Extract Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Tons)
Global Codonopsis Root Extract Market Segment Percentages, by Type, 2022 (%)
    Powder
    Liquid
Global Codonopsis Root Extract Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Tons)
Global Codonopsis Root Extract Market Segment Percentages, by Application, 2022 (%)
    Pharmaceutical
    Food and Drinks
    Personal Care
    Others
Global Codonopsis Root Extract Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Tons)
Global Codonopsis Root Extract Market Segment Percentages, By Region and Country, 2022 (%)
    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 Codonopsis Root Extract revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Codonopsis Root Extract revenues share in global market, 2022 (%)
Key companies Codonopsis Root Extract sales in global market, 2018-2023 (Estimated), (K Tons)
Key companies Codonopsis Root Extract sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    Huisong Pharmaceuticals
    Refine
    Naturalin Bio-Resources
    Ningbo Loncin Biotechnology
    Shaanxi Jintai Biological
    Shaanxi Gongbo
    HUNAN HUAKANG BIOTECH INC
    Greaf
    Novoherb Technologies
Outline of Major Chapters:
Chapter 1: Introduces the definition of Codonopsis Root Extract, market overview.
Chapter 2: Global Codonopsis Root Extract market size in revenue and volume.
Chapter 3: Detailed analysis of Codonopsis Root Extract manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Codonopsis Root Extract in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Codonopsis Root Extract capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.