The global dodder seed market is anticipated to be valued at US$ 9.2 Billion in 2032 and exhibit growth at a CAGR of 11.5% in the forecast period from 2022 to 2032. The growing demand for dodder seeds in the pharmaceutical industry is likely to spur the market. As per the study, the market is set to reach US$ 4.8 Billion in 2022.
| Report Attribute | Details |
| Dodder Seed Market Estimated Base Year Value (2021) | US$ 3.7 Billion |
| Dodder Seed Market Expected Market Value (2022) | US$ 4.8 Billion |
| Dodder Seed Market Anticipated Forecast Value (2032) | US$ 9.2 Billion |
| Dodder Seed Market Projected Growth Rate (2022-2032) | 11.5% CAGR |
Dodder seeds, also known as Cuscuta chinensis, are parasitic plants that are used as an anti-aging remedy, especially in Asia. These are exhibiting immense popularity across the globe owing to their extensive usage in various herbs and supplements.
These do not have leaves and usually come in the form of a vine. The vine gains nourishment from other trees and plants. These are mainly found in Japan and China.
Dodder seeds have been used as a tonic or supplement since time immemorial. These are often combined with numerous other plant byproducts and seeds to create innovative health serums.
At present, these are used in the cosmetics and personal care industry to slow down skin aging. These are also blended with vitamins as an energy booster. Besides, these seeds are being used as a cleanser and reproductive health promoter worldwide.
The growing usage of dodder seeds for the treatment of hepatic, spleen, and urinary tract disorders is projected to drive the market in the assessment period. These help in preventing numerous deficiencies, such as dizziness, chronic lower back pain, fatigue, and weak bones. These are also considered to be very beneficial for rejuvenating the kidney.
Moreover, dodder seeds are capable of managing fertility hormones and lowering fertility issues. Owing to their high calcium content, these are expected to be utilized by key players for the manufacturing of health supplements for strengthening bones. These factors are likely to propel the dodder seed market growth in the forthcoming years.
Dodder seeds are found nearly four inches deep in the soil. Thus, these absorb water in large quantities, unlike other seeds. These utilize the soil as an anchoring point, as well as act as a parasite on nearby host plants. The harvesting cost of dodder seed is high as their infestation often reduces crop yield. This factor may hamper the global dodder seed market size in the evaluation period.
Increasing sales of dodder seeds in Japan and China for producing herbal medicines is anticipated to drive the Asia Pacific market in future years. Farmers are harvesting dodder seeds and then turning them into fine powders to help pharmaceutical companies make capsules, as well as tablets in these countries.
In addition to that, the rising prevalence of general muscular pain, osteoarthritis, and osteoporosis among people across Asia Pacific is likely to bode well for the market. These seeds have proved to be beneficial for the treatment of the aforementioned diseases and can also nourish kidney and liver functions.
North America is likely to remain in the second position by generating a considerable dodder seed market share in the upcoming years. The presence of a large number of cosmetics and personal care brands across the U.S. and Canada is anticipated to bolster the market. The high demand for anti-aging creams, serums, and lotions in these countries is another crucial factor that is set to augur well for the market.
Besides, surging expenditure on research and development activities, as well as the emergence of many start-up cosmetics companies across North America is estimated to fuel the market. Increasing awareness about various beneficial properties of dodder seeds is also set to accelerate the market.
Some of the renowned companies present in the global dodder seed market include Yan’an Pharmaceuticals Co., Ltd., Nutra Green Biotechnology Co., Ltd., Hangzhou Botanical Technology Co., Ltd., Novoherb Technologies, Evergreen Biotech Inc., Jiaherb, Inc., My Herb, Linden Botanicals, Parchem Fine & Specialty Chemicals, and Xi’an Realin Biotechnology Co., Ltd. among others.
Key players in the market are surging their investments in new product development to cater to the ever-increasing demand from end users. A few other companies are aiming to engage in joint ventures and partnerships to co-develop new products and gain a competitive advantage in the global market.
| Report Attribute | Details |
| Growth Rate | CAGR of 11.5% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015-2020 |
| Forecast Period | 2022-2032 |
| Quantitative Units | Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered |
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| Customization | Available Upon Request |
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The global dodder seed market is anticipated to surpass US$ 9.2 Billion in 2032.
Asia Pacific is set to lead the dodder seed market in the forecast period.
Yan’an Pharmaceuticals Co., Ltd., Nutra Green Biotechnology Co., Ltd., and Hangzhou Botanical Technology Co., Ltd. are some of the renowned companies in the dodder seed market.
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