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Burdock Root Market Overview:
Burdock Root Market is anticipated to attain a market value of USD$ 100 million by the year 2030, exhibiting a steady compound annual growth rate CAGR of 4% during the forecast period spanning from 2023 to 2030.
Burdock root market is a global market that involves the trade and sale of burdock roots, primarily known for their medicinal and culinary uses. Burdock root, specifically the greater burdock, is rich in minerals and has various applications. It is used in traditional medicine for its potential health benefits, and it is also a culinary ingredient in some regions.
The increasing number of easily transmissible diseases has made people more susceptible to getting infected by harmful microorganisms. While modern medicine is advanced, there is a growing interest among people in traditional remedies due to their perceived lack of negative effects on our health. This has created a significant demand for alternative herbal medicine. One such herb known for its detoxifying properties is greater burdock, scientifically known as Arctium lappa. This plant belongs to the sunflower family and is primarily found in Europe. It is a biennial plant that can grow up to 3 meters in height. The root of the greater burdock is particularly valued for its medicinal properties, and it is used in the trading of dried roots. This herb is abundant in minerals because its roots penetrate deep into the ground, reaching depths of up to two feet.
Market Snapshot:
Burdock Root Market - Report Coverage:
“Burdock Root Market Report - Forecast (2023-2030)” by Industry ARC, covers an in-depth analysis of the following segments in the smart toys market.
Burdock Root Market - Top Trends:
Growing Demand for Natural Remedies: There is an increasing demand for natural and herbal remedies, and burdock root, known for its potential health benefits, is gaining popularity as a natural remedy.
Growing demand for organic burdock root: Consumers are increasingly interested in organic products, and this trend is also extending to the burdock root market. Organic burdock root is produced without the use of synthetic pesticides and herbicides, which is appealing to many consumers.
Increasing awareness of the health benefits of burdock root: Burdock root is a traditional herbal medicine that has been used for centuries to treat a variety of conditions, including skin problems, digestive problems, and inflammation. In recent years, there has been growing scientific evidence to support the health benefits of burdock root, which is driving increased demand for the product.
Rising popularity of Asian cuisine: Burdock root is a popular ingredient in Asian cuisine, and its use is becoming more common in other parts of the world as well. This is contributing to the growth of the global burdock root market
Key Market Players:
Product/Service launches, approvals, patents and events, acquisitions, partnerships, and collaborations are key strategies adopted by players in the Burdock Root Market Report. The top 10 companies in this industry are listed below:
1. Now Foods
2. Gaia Herbs
3. Nature's Way
4. Swanson Vitamins
5. Solaray
6. Organic India
7. Herb Pharm
8. Mountain Rose Herbs
9. Frontier Co-op
10. Starwest Botanicals
Scope of Report:
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1. Burdock Root Market - Overview
1.1. Definitions and Scope
2. Burdock Root Market - Executive Summary
3. Burdock Root Market - Comparative Analysis
3.1. Company Benchmarking - Key Companies
3.2. Global Financial Analysis - Key Companies
3.3. Market Share Analysis - Key Companies
3.4. Patent Analysis
3.5. Pricing Analysis
4. Burdock Root Market - Start-up Companies Scenario
4.1. Key Start-up Company Analysis by
4.1.1. Investment
4.1.2. Revenue
4.1.3. Venture Capital and Funding Scenario
5. Burdock Root Market – Market Entry Scenario Premium
5.1. Regulatory Framework Overview
5.2. New Business and Ease of Doing Business Index
5.3. Case Studies of Successful Ventures
6. Burdock Root Market - Forces
6.1. Market Drivers
6.2. Market Constraints
6.3. Market Challenges
6.4. Porter's Five Force Model
6.4.1. Bargaining Power of Suppliers
6.4.2. Bargaining Powers of Customers
6.4.3. Threat of New Entrants
6.4.4. Rivalry Among Existing Players
6.4.5. Threat of Substitutes
7. Burdock Root Market – Strategic Analysis
7.1. Value Chain Analysis
7.2. Opportunities Analysis
7.3. Market Life Cycle
8. Burdock Root Market – By Form
8.1. Powder
8.1.1. Market Trends by Region
8.1.2. Market Size & Forecast by Region
8.2. Roots
8.2.1 Market Trends by Region
8.2.2 Market Size & Forecast by Region
9. Burdock Root Market – By Nature
9.1. Organic
9.1.1. Market Trends by Region
9.1.2. Market Size & Forecast by Region
9.2. Conventional
9.2.1 Market Trends by Region
9.2.2 Market Size & Forecast by Region
10. Burdock Root Market – By End Use
10.1. Cosmetics & Personal care
10.1.1. Market Trends by Region
10.1.2. Market Size & Forecast by Region
10.2. Dietary supplements
10.2.1. Market Trends by Region
10.2.2. Market Size & Forecast by Region
10.3. Household
10.3.1. Market Trends by Region
10.3.1. Market Size & Forecast by Region
11. Burdock Root Market – by Geography (Market Size – $Million/$Billion)
11.1. North America
11.1.1. The U.S.
11.1.2. Canada
11.2. Europe
11.2.1. UK
11.2.2. Germany
11.2.3. France
11.2.4. Italy
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Asia-Pacific
11.3.1. China
11.3.2. India
11.3.3. Japan
11.3.4. South Korea
11.3.5. Australia & New Zealand
11.3.6. Rest of Asia-Pacific
11.4. South America
11.4.1. Brazil
11.4.2. Argentina
11.4.3. Chile
11.4.4. Colombia
11.4.5. Rest of South America
11.5. Rest of the World
11.5.1. Middle East
11.5.2. Africa
12. Burdock Root Market – Entropy
12.1. New product launches
12.2. M&A’s, collaborations, JVs and partnerships
13. Burdock Root Market – Industry/Segment Competition Landscape
13.1. Market Share Analysis
13.1.1. Market Share by Product Type – Key Companies
13.1.2. Market Share by Region – Key Companies
13.1.3 Market Share by Country – Key Companies
13.2. Competition Matrix
13.3. Best Practices for Companies
14. Burdock Root Market – Key Company List by Country Premium
15. Burdock Root Market - Company Analysis
15.1. Now Foods
15.2. Gaia Herbs
15.3. Nature's Way
15.4. Swanson Vitamins
15.5. Solaray
15.6. Organic India
15.7. Herb Pharm
15.8. Mountain Rose Herbs
15.9. Frontier Co-op
15.10. Starwest Botanicals
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