Angelica Dahurica Extract Market Analysis & Opportunity Assessment, 2014 - 2020
Oct 15, 2014 | Chemicals & Materials | FMI
Angelica dahurica is a herb species of theAngelica genus. It is widely cultivated in NorthEastern China, Japan, Korea, Taiwan, Siberia, Russia,the Far East, and Mongolia. It is also known as Chinese Angelica and Bai Zhi in the Chinese language. The roots of this herb havean analgesic and an anti-inflammatory effect.It is widely used in Southeast Asia for medicinal purposes such as treating neuralgia, rheumatism, and skin disorders. It also has a potential effect on skin whitening and moisturizing. Researchers are actively engaged in exploring ways to use these herbs in health and beauty segments.
Various Southeast Asian companies are actively manufacturing Angelica-basedmedicines and skin whitening creams from dahurica root extracts,as it has an inhibitory effect on melanogenesis in B16 melanoma cells. Major opportunities exist for exporters of Angelica dahurica extracts across the globe. Currently, the usage of this herb is in the nascentstageand is used for commercial purposes.However, the demand for Angelica dahurica is projected to witnessa double-digit growth rate over the next six years due to growth in demand for herbal medicines and cosmetics.The market for Angelica Dahurica can be segmented by applications as healthcare, cosmetics, food, and others.
One of the restraints in this market includes packaging and labeling of herbal medicines. In addition, consumers are advised to be cautious as consumption of herbal medicines can interfere with allopathic medicines and lead to some side effects.Lipoquimia, Grupo Nutramex, Future Foods, Neelam phyto-extracts, and Guangzhou Herbs-Ex are some suppliers of Angelica dahurica extract.
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