The Bidens pilosa extract market is anticipated to record a value of USD 40.5 billion in 2024. The industry is projected to witness a CAGR of 12.9% in the ten-year time frame. The revenue projection for Bidens pilosa extract is going to be USD 136.4 billion by 2034.
The bioactive compounds contained in Bidens pilosa extract include phenolics, flavonoids, and terpenoids. These compounds include anti-inflammatory and anti-microbial properties, making them attractive for various end-use verticals.
This sector’s growth has been led by surging interest in natural and plant-based ingredients. Industries like cosmetics, pharmaceuticals, and nutraceuticals utilize this extract owing to its therapeutic benefits. Within the pharmaceutical sector, the extract is used to develop medicines to treat inflammation-related disorders, skin ailments, and even cancer.
The cosmetics sector is brimming with skincare products promoting youthful-looking skin, as appearance is becoming people’s focus. Anti-aging properties of Bidens pilosa extract give relevant players prospects to expand in the cosmetic sector.
The market outlook of Bidens pilosa extract seems to be bright as per the latest analysis. Surging interest in herbal and natural products is a chief sales driver. Rising awareness about the potential health extracts’ benefits is further fueling its demand. Moreover, the rapid occurrence of chronic diseases and the demand for effective and natural treatments is raising the product’s demand.
Extensive applications of Bidens pilosa extract in multiple industries are projected to fuel industry growth. However, to realize the full potential of the product, manufacturers and suppliers are required to invest in research and development, marketing strategies, and quality control measures to maintain product efficacy and boost consumer trust.
| Attributes | Description |
|---|---|
| Estimated Bidens Pilosa Extract Market Size (2024E) | USD 40.5 billion |
| Projected Bidens Pilosa Extract Market Value (2034F) | USD 136.4 billion |
| Value-based CAGR (2024 to 2034) | 12.9% |
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Demand for Bidens Pilosa Extract in the Dietary Supplements Industry Mirrors the Concept of Food as Medicine
In the food and beverage industry, the use of Bidens pilosa extract is used in sauces, teas, and Kampo-tea. The Kampo-tea is widely consumed in Japan as a treatment for skin disease. The extract is used as a medicine across Africa, Asia, and tropical America. Due to its favorable properties, aligning with health and wellness trends, the extract is finding its way into the dietary supplements industry.
Manufacturers Concerned about Sustainable Sourcing Practices
Concerns over sustainability are becoming a grave matter for players across the globe. Bidens pilosa harvesting is being considered for its sustainability. However, as the demand for the extract is picking up across industries, thanks to the growing popularity across media channels, concerns over sustainable and ethical sourcing practices are rising. Manufacturers are thus making efforts to ensure ethical and sustainable sourcing practices are being carried out in the fields.
Players are further obtaining appropriate certifications for their efforts to ensure sustainable sourcing practices. This is then highlighted in their marketing strategies.
Overcoming the High Price Barrier of Bidens Pilosa Extract with a Shift in Target Market
Players are walking on a tightrope as they deal with the high price of Bidens pilosa extract. The final product reflects this cost. An effective strategy to improve the sales of this extract and products infused with this extract is to promote it as a high-end product. Thus, appealing to individuals and people working in high-income jobs who are conscious about their looks.
Bidens pilosa extract industry experienced growth at a 9.6% CAGR during the historical period. The product’s sales are projected to surge at a promising 12.9% CAGR through 2034. The studied market is driven by the growing skin health concerns arising due to rising pollution levels in the cities.
Consumers are attending more to advertisements that convey the effectiveness of skincare products. Thus, leading to a surge in sales of highly specialized skincare products. Moreover, players like legacy and indie brands are introducing innovative, functional products in their product formulation. By introducing natural ingredients like Bidens pilosa, these brands aim to target health-conscious consumers.
The rising demand for anti-aging products among millennials is fueling the demand for products containing Bidens pilosa extract. This is because Bidens pilosa contain plant-based retinoids which help in slowing down the aging process. The rise in over-the-counter skincare products also suggests a keen demand for anti-aging products.
Prominent players are investing in research and development activities to produce innovative natural products. This is creating demand for Bidens pilosa extract for future use. With more applications of this extract being explored, the use of these extracts is expected to spread everywhere, particularly in sectors like food and beverage, pharmaceutical, and personal care.
Principal Consultant
Values tabulated in the columns below indicate the growth potential of Bidens pilosa extract across key markets. It can be concluded that the industry has immense expansion possibilities across geographies as people are inclining toward naturalness in all aspects of their lives.
| Countries | CAGR 2024 to 2034 |
|---|---|
| The United States | 10.3% |
| Germany | 10.8% |
| China | 8.8% |
| India | 10% |
| Australia | 7.5% |
The scope of Bidens pilosa extract industry in Germany is rising at a CAGR of 10.8% over the estimated period. Bidens pilosa is the latest ‘it’ ingredient in the plant-based retinol alternative, and gaining widespread popularity in the country. The extract offers to deliver all of the retinol's massive benefits but without the familiar drawbacks like redness and peeling.
Since Bidens pilosa is drawn out from a plant, it is hailed among the natural skin-care devotees. Furthermore, the extract is considered fit for application during pregnancy and breastfeeding, unlike real retinol. Thus, making pregnant and lactating mothers consumers of these nourishing skin products.
In the United States, the demand for Bidens pilosa extract is rising at a CAGR of 10.3% through 2034. Various organizations in the country support research related to the anticancer approach of medicinal plants. As a result, a novel strategy for cancer chemotherapy is being developed to do away with the undesired side effects that occur during chemotherapy.
With research coming in support of natural therapies, including the use of plant-based products in cancer treatments, adverse side effects may be reduced. The growing importance of Bidens pilosa extract as a component in new anticancer drugs with the help of supercritical technology is fueling the studied market.
The Bidens pilosa extract market is observing significant growth of 10% in India over the forecast period. The use of Bidens pilosa in traditional medicine due to its therapeutic applications is a key driver.
Extracts, individual compounds, and various preparations derived from this Bidens pilosa have exhibited pharmacological and biological activities like anti-allergy, anti-malarial, anti-hypertensive, anti-allergy, anti-inflammatory, etc. Thus, validating the view of folk worldwide about its medicinal uses.
The pharmacological potential of Bidens pilosa is further being explored in depth, which is expected to fuel the industry’s growth. Further, personal care players are tapping into the emerging wave of natural beauty products. Thereby, raising the demand for natural extracts like Bidens pilosa in their personal care product portfolio.
This section provides insights into the top segments in the Bidens pilosa extract industry. Presently, flowers in the source category are gaining wider appeal, registering a share of 42.5% in 2024. Under the application category, the oil segment is expected to have a prominent position over the forecast period. In 2024, this segment is predicted to obtain a 27.5% share.
| Segment | Flowers (Source) |
|---|---|
| Value Share (2024) | 42.5% |
Flowers are the preferred source to obtain the extracts of Bidens pilosa. Flowers are chosen due to relatively higher concentrations of bioactive compounds found in them, as opposed to leaves or stems of Bidens pilosa. High concentrations of bioactive compounds are piquing scientists' interest in these extracts for their potential health benefits.
Easier processing of flowers as they are typically more delicate than leaves or stems, makes it easier to draw desired compounds as opposed to tougher plant parts. All the discussed factors contribute to a higher preference for flowers as the source for Bidens pilosa.
| Segment | Oils (Application) |
|---|---|
| Value Share (2024) | 27.5% |
The use of Bidens pilosa in oils is expected to be significant. The product is extracted via supercritical CO2 extraction, making the skin firmer, elastic, and smoother. Thus, reducing wrinkles and fine lines. These oils are a suitable alternative solution for people with sensitive skin.
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Key players in the Bidens pilosa extract industry are investing in research and development activities to gain an understanding of potential benefits and create new applications. This includes collaborations with universities or research institutions to find out the extract’s efficacy in various health conditions.
Players are further collaborating with other players in the supply chain, like manufacturers and cultivators, to ensure a steady supply of high-quality Bidens pilosa. Additionally, players are focusing on building brand awareness via marketing and promotional campaigns to assist the company in standing out. Therefore, they are highlighting the distinct qualities of Bidens pilosa extract or potential health benefits used in their products.
Industry Updates
Chemyunion is a chemical company owned privately. The company manufactures cosmetic ingredients, veterinary inputs, food supplements, pharmaceutical excipients, as well as actives for cleaning and hygiene. The company exports its products across 50 countries through affiliates in Columbia, the United States, Europe, and Mexico. The corporation is currently undergoing sustained international expansion.
A popular product range of the company, i.e., SKIN CARE REVINAGE® contains bidens pilosa extract. The product is defined as a CO2 supercritical plant-based extract, which acts similarly to synthetic retinoids. Thus, promoting the treatment of aging skin without causing adverse effects. It visibly reduces expression lines and wrinkles and evens out the skin tone.
The company is based in Bath, which is a spa city situated in the United Kingdom. The company specializes in 100% natural solutions for people with concerns like eczema, aging, blemishes, and sensitive skin. The firm practices fair trade and offers cruelty-free, ethical, and organic options. One of them is Rich Rejuvenating Moisturiser. This moisturizer is well-suited for dry skin and improves the radiance and texture of the skin while repairing and protecting the skin. Further, the product comes in recyclable amber glass or aluminum packaging to appeal to the eco-conscious sentiments of people.
Various applications of Bidens pilosa extract include emulsion, gels, serum, oils, and powder.
Different sources of Bidens pilosa extract include flowers, leaves, roots, and seeds.
Multiple end uses of the product are in pharmaceuticals industry, food & beverages industry, personal care industry, and retail.
Different sales channels for Bidens pilosa extract are direct and indirect. The indirect channel is segmented into specialty stores, exclusive stores, departmental stores, online retailers, and other sales channels.
The Bidens pilosa extract is sold across North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
The industry is going to be worth USD 40.5 billion in 2024.
The current forecast projects a CAGR of 12.9% for the industry.
The industry to expected to reach USD 136.4 billion by 2034.
Flowers are expected to account for a significant market share.
The United States and Germany are predicted to offer opportunities for investors.
CHEMYUNION and Koei Kogyo Co., Ltd. are influential industry players.
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034 6.1. Source 6.2. Application 6.3. End Use 6.4. Sales Channel 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Source 7.1. Flowers 7.2. Leaves 7.3. Roots 7.4. Seeds 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application 8.1. Emulsion 8.2. Gels 8.3. Serum 8.4. Oils 8.5. Powder 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End Use 9.1. Pharmaceuticals Industry 9.2. Food & Beverages Industry 9.3. Personal Care Industry 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Sales Channel 10.1. Direct 10.2. Indirect 10.2.1. Specialty Stores 10.2.2. Exclusive Stores 10.2.3. Departmental Stores 10.2.4. Online Retailers 10.2.5. Others 11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 11.1. North America 11.2. Latin America 11.3. Western Europe 11.4. South Asia 11.5. East Asia 11.6. Eastern Europe 11.7. Middle East & Africa 12. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 13. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 14. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 15. South Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 16. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 17. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 18. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 19. Sales Forecast 2024 to 2034 by Source, Application, End Use, and Sales Channel for 30 Countries 20. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 21. Company Profile 21.1. Chemyunion Company 21.2. Bath Spa Skincare 21.3. Hunan Nutramax 21.4. Neora Colombia S.A.S. 21.5. Xi'an DN Biology Co., Ltd. 21.6. Yangling Ciyuan biotech Co., Ltd. 21.7. Koei Kogyo Co., Ltd 21.8. Xi'an Teng Yun Biotech Co., Ltd.
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Bidens Pilosa Extract Market
