Sage Extract Market Share, Size, Trends, and Forecast by 2031

MARKET INTRODUCTION

Sage is a medicinal herb used to make medicine. There are various species of sage available globally. The most common two species widely available are common sage and Spanish sage. Sage extract is extracted from the sage and also offers various health benefits. For instance, it is very effective in preventing digestive disorders, such as gas, stomach pain, bloating, heartburn, and diarrhea. It is also very effective for reducing the overproduction of perspiration and saliva; and for depression, high cholesterol, and diabetes. Sage extract is also used to improve mental performance and memory, to reduce pain after surgery, for Alzheimer's disease, and to prevent lung cancer.

MARKET DYNAMICS

The sage extract market has witnessed a significant growth owing to factors such as growing consumer awareness towards safe treatment using herbal remedies. Moreover, the growing demand for sage extracts to prevent cold, enhance memory, and ease throat sore provides a huge market opportunity for the key players operating in the sage extract market. Growing applications of sage extract in cosmetics are increasing the demand for sage extract globally. However, fluctuation in the availability and prices of raw material is projected to hamper the overall growth of the sage extract market.

MARKET SCOPE

The "Global Sage Extract Market Analysis to 2031" is a specialized and in-depth study of the Food and Beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the sage extract market with detailed market segmentation by source, end use, distribution channel and geography. The global sage extract market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading sage extract market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global sage extract market is segmented on the basis of source, end use, and distribution channel. On the basis ofsource, the sage extract market is segmented into organic and conventional. Based on end use the global sage extract market is divided into Food Processing, Cosmetics, Pharmaceuticals, and Households. The sage extract market on the basis of the distribution channel is classified into B2B and B2C.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global sage extract market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The sage extract market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the sage extract market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the sage extract market in these regions.

MARKET PLAYERS

The reports cover key developments in the sage extract market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from sage extract market are anticipated to lucrative growth opportunities in the future with the rising demand for sage extract in the global market. Below mentioned is the list of few companies engaged in the sage extract market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the sage extract market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•  Nature's Answer, Inc.,
•  PureNature
•  Herbo Nutra
•  Herbarium Scala Dei,
•  The Nature's Bounty Co.
•  Tianben Bio-Engineering Co. Ltd
•  Swanson Health Products, Inc.,
•  McCormick & Company, Inc.
•  Sibelius
•  Mountain Rose Herbs

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Sage Extract Report Scope