Global Astragalus Root Extract Market Analysis By Nature (Conventional, Organic), By Application (Food & Beverage Industry, Pharmaceuticals Industry, Others), By Product Form (Powder, Liquid, Whole Root) By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2024-2033

Report Overview

The Global Astragalus Root Extract Market Size is expected to be worth around US$ 777.3 Million by 2033, from US$ 530.2 Million in 2023, growing at a CAGR of 3.9% during the forecast period from 2024 to 2033.

Astragalus root extract, derived from the Astragalus membranaceus plant, is a traditional Chinese medicinal herb known for its immune-boosting and anti-inflammatory properties. This extract is commonly used to enhance immune function, promote heart health, and support metabolic functions. It contains beneficial compounds like polysaccharides, saponins, and flavonoids, which contribute to its therapeutic effects.

The Astragalus Root Extract Market is witnessing significant growth, driven by rising consumer awareness about health and wellness. This surge aligns with a growing preference for natural and herbal remedies. The market primarily caters to industries such as pharmaceuticals, dietary supplements, and cosmetics. According to market trends, the pharmaceutical sector shows particularly strong demand, leveraging astragalus root extract in immunity-boosting and cardiovascular health formulations.

The dietary supplements segment is also expanding rapidly, fueled by consumers seeking natural ways to enhance vitality and overall health. For example, the rising adoption of herbal supplements in daily diets is contributing to this growth. Astragalus root extract’s polysaccharide content, known for its immunomodulatory properties, plays a pivotal role in this demand.

Astragalus membranaceus, commonly known as astragalus, is a traditional Chinese medicinal herb gaining prominence in veterinary medicine. It supports animal health by enhancing immune responses, reducing inflammation, and providing antioxidant benefits. A study by Dogster revealed that supplementation with 200 mg/kg of astragalus significantly increased immunity in immunosuppressed dogs. These findings underline its growing use in pet and livestock care.

Research from 2022 to 2024 highlights the extract’s robust immunomodulatory effects. For instance, a systematic review and meta-analysis involving 1,094 participants found that astragalus supplementation reduced pro-inflammatory cytokines like IL-2, IL-4, and TNF-α while improving cellular immune markers, including CD3 levels and the CD4/CD8 ratio. These findings reinforce its role in managing chronic diseases and strengthening immune responses.

Astragalus root extract is also being studied for its potential benefits in addressing chronic fatigue syndrome. A 2023 triple-blind, randomized controlled trial in Iran examined its effects on nurses with post-COVID-19 chronic fatigue. The participants received 500 mg of astragalus extract twice daily. The study revealed a 13.8% decrease in chronic fatigue prevalence by the end of the intervention, with further improvement to 17.2% one month later. This highlights its immune-boosting properties and growing relevance in post-pandemic health management.

Moreover, astragalus’ applications extend to cosmetics, where its antioxidant properties aid in skin health and anti-aging solutions. This diversification across industries is a key driver of its market growth. According to recent reports, the increasing inclusion of astragalus root extract in high-value skincare products emphasizes its versatility and consumer appeal.

Key Takeaways

• The Astragalus Root Extract Market is set to grow from US$ 530.2 million in 2023 to US$ 777.3 million by 2033, a 3.9% CAGR.
• In 2023, conventional products dominated the nature segment, accounting for over 53% of the Astragalus Root Extract Market.
• The Food & Beverage Industry led the application segment with more than a 47% share of the market in 2023.
• Powder form was the most common product form in the Astragalus Root Extract Market in 2023, holding a 43% share.
• North America was the leading region in the Astragalus Root Extract Market in 2023, with a 42% share valued at US$ 222.6 million.

Nature Analysis

In 2023, Conventional held a dominant market position in the Nature Segment of the Astragalus Root Extract Market, capturing more than a 53% share. This dominance is attributed to its affordability and widespread availability. Conventional farming methods ensure higher yields, meeting the growing demand for astragalus root extract. Manufacturers often prefer this segment due to its cost-effective production processes. These factors have solidified the position of Conventional as the leading choice in the market.

The Organic segment, while smaller, is steadily gaining popularity. This growth stems from increasing consumer awareness about clean-label and chemical-free products. Organic astragalus root extract is viewed as a healthier and more sustainable alternative. Although its market share remains limited, the segment shows strong growth potential. Regulatory support for organic certifications is further encouraging its adoption. Consumers are increasingly drawn to products that align with their preference for natural and eco-friendly options.

Despite its growth, the organic segment faces certain challenges. Higher production costs and limited availability hinder its expansion compared to conventional options. However, the rising demand for organic health supplements is expected to drive future growth. Many consumers are willing to pay a premium for organic products that offer perceived health and environmental benefits. This willingness is gradually creating opportunities for organic astragalus root extract to compete more effectively in the market.

Application Analysis

In 2023, the Food & Beverage Industry held a dominant position in the application segment of the Astragalus Root Extract Market, capturing more than a 47% market share. This dominance is attributed to the growing demand for natural and functional ingredients in food products. Astragalus root extract is increasingly used in health beverages, snacks, and dietary supplements, driving its adoption in this sector.

The Pharmaceuticals Industry is another significant contributor to market growth. Astragalus root extract is known for its potential health benefits, including immune-boosting and anti-inflammatory properties. Its use in herbal medicines and supplements has seen a steady rise, catering to consumer preferences for natural remedies.

Other applications, including cosmetics and personal care, also play a role in the market. Astragalus root extract is valued in skincare for its antioxidant properties, which help improve skin health. This has broadened its appeal beyond traditional uses.

The growing consumer awareness of natural and plant-based products is expected to fuel demand across all segments. Each application sector continues to explore innovative uses, ensuring sustained market growth in the coming years.

Product Form Analysis

In 2023, Powder held a dominant market position in the Product Form Segment of the Astragalus Root Extract Market, capturing more than a 43% share. Its widespread appeal is due to its ease of use and longer shelf life. Powdered extracts are highly versatile and work well in dietary supplements, functional foods, and beverages. Their ability to blend seamlessly into various products makes them a preferred choice for both manufacturers and consumers.

Liquid extracts ranked as the second most popular product form in the market. These are commonly used in tinctures and liquid supplements due to their quick absorption and convenient consumption. Consumers seeking easy-to-use herbal products often opt for liquid forms. However, challenges related to storage and transportation have somewhat limited their market share compared to powdered forms.

The whole root form holds a smaller share of the market. This format appeals to consumers who value traditional preparation methods. Whole roots are frequently used in herbal teas and traditional medicine practices. Despite their niche popularity, their limited convenience and longer preparation times make them less competitive with powdered and liquid forms in the broader market.

Looking ahead, the powdered segment is expected to retain its dominance. Its continued growth is fueled by rising demand for natural and easy-to-use health supplements. Liquid extracts are also likely to see consistent growth as herbal tinctures gain traction. Meanwhile, whole root consumption is projected to remain steady among specific consumer groups who prefer traditional herbal remedies.

Key Market Segments

By Nature

• Conventional
• Organic

By Application

• Food & Beverage Industry
• Pharmaceuticals Industry
• Others

By Product Form

• Powder
• Liquid
• Whole Root

Drivers

Increasing Awareness of Herbal Supplements

The increasing global awareness of health and wellness is boosting the demand for herbal supplements. Consumers are seeking natural alternatives to support their health, leading to a surge in interest in astragalus root extract. Known for its immune-boosting and anti-inflammatory properties, this extract is becoming a popular choice. The trend is particularly evident among health-conscious individuals and those looking to complement traditional medicine. This growing preference for natural remedies is driving the market for astragalus root extract worldwide.

Herbal supplements like astragalus root extract are gaining popularity due to their perceived health benefits. The extract is widely recognized for its ability to enhance the immune system and reduce inflammation. This aligns with the increasing consumer focus on preventative healthcare. People are actively searching for products that promote overall well-being and offer long-term health advantages. The awareness of herbal supplements is spreading through social media, healthcare professionals, and online platforms, further supporting the market’s growth.

The global market for astragalus root extract benefits from its versatility in applications. It is used in dietary supplements, traditional medicine, and functional foods. Consumers are drawn to its natural origin and scientifically supported benefits. The shift toward natural and organic products is shaping purchasing decisions across regions. Additionally, the rising prevalence of chronic diseases drives the adoption of immune-boosting supplements. This trend, combined with increased education on herbal remedies, positions astragalus root extract as a key player in the growing herbal supplement market.

Restraints

Limited Scientific Evidence

Astragalus root extract is a popular herbal supplement known for its potential health benefits. However, its adoption in mainstream healthcare remains limited. One key reason is the lack of robust scientific evidence. Many claims regarding its effectiveness are based on traditional use or preliminary studies. Without comprehensive clinical trials, it is challenging to establish its safety and efficacy. This gap creates skepticism among healthcare professionals and regulatory bodies, affecting its credibility and acceptance in the broader medical community.

The absence of rigorous research significantly impacts the market growth of astragalus root extract. Consumers often seek products backed by scientific validation. Without such evidence, the product struggles to build trust among target audiences. This limitation also affects marketing strategies. Companies promoting astragalus face hurdles in convincing both consumers and healthcare providers. As a result, its potential remains untapped in markets that demand evidence-based healthcare solutions, limiting its global appeal and competitive advantage.

To address these challenges, increased investment in clinical research is essential. Companies need to collaborate with scientific institutions to conduct high-quality studies. These studies should focus on proving the extract’s claimed benefits, such as immune support and anti-inflammatory properties. Establishing scientific credibility can enhance the product’s reputation and drive adoption. Additionally, clear and transparent communication about the research can build consumer trust. Overcoming these barriers is crucial to unlocking the full market potential of astragalus root extract.

Opportunities

Expansion in Functional Food and Beverage Industry

The functional food and beverage industry is experiencing rapid growth. A key driver is the increasing use of herbal extracts, including astragalus root extract. This extract is valued for its health benefits, such as boosting immunity and reducing inflammation. Consumers are increasingly drawn to natural and plant-based ingredients. This trend is especially strong among health-conscious individuals. Manufacturers in the functional food segment can capitalize on this demand. Incorporating astragalus root extract into products can enhance their appeal and align with consumer preferences.

Astragalus root extract offers diverse applications in the functional beverage sector. It is used in teas, energy drinks, and wellness-focused beverages. Its adaptogenic properties make it attractive for stress relief and energy enhancement. As consumers seek alternatives to synthetic supplements, interest in herbal solutions is rising. This shift opens doors for innovation and product diversification. Manufacturers can create unique beverage formulations to meet health-conscious market demands while differentiating their brands.

The growing popularity of astragalus root extract also reflects broader trends in natural health products. Increasing awareness of traditional remedies is driving this interest. Regulatory support for safe herbal ingredients further boosts market confidence. Additionally, the global wellness movement is encouraging preventive healthcare practices. Astragalus root extract aligns well with these trends. By leveraging its benefits and market positioning, manufacturers can tap into a lucrative growth opportunity. Strategic partnerships and research-backed claims can also enhance consumer trust and market penetration.

Trends

Rising Popularity of Clean Label Products

The rising popularity of clean-label products is transforming consumer preferences. Shoppers now seek items with natural ingredients, minimal processing, and transparent labeling. This shift stems from growing awareness of health and wellness. People increasingly scrutinize what they consume and demand clarity. Clean-label products meet this need by avoiding artificial additives and chemicals. This trend is driving companies to prioritize natural options. For instance, astragalus root extract, known for its health benefits, is gaining traction due to its organic appeal and clear ingredient profile.

Natural and organic astragalus root extract is becoming a preferred choice for health-conscious consumers. Its appeal lies in being minimally processed, aligning with clean-label expectations. Buyers value products that clearly state their origins and benefits. Astragalus root extract meets this demand by offering authenticity and transparency. Its organic nature boosts its market appeal further. As more brands embrace clean-label practices, they create opportunities for astragalus extract to capture market share in the health supplement sector.

Brands are adapting to cater to clean-label demands, reshaping the market landscape. They emphasize natural sourcing and clear communication of product benefits. Astragalus root extract serves as a prime example of this shift. Its natural, organic appeal resonates with consumers seeking simplicity and trustworthiness. Companies that adopt transparent labeling and minimal processing can tap into this growing trend. As clean-label preferences rise, they strengthen the market for natural ingredients like astragalus root extract, fostering innovation and competition in the health and wellness industry.

Regional Analysis

In 2023, North America secured a commanding presence in the Astragalus Root Extract Market, holding over 42% market share with a value of US$ 222.6 million. This dominance is primarily due to the rising consumer awareness of the health advantages provided by astragalus root extract. Its noted immune-boosting properties have particularly increased its incorporation into dietary supplements and nutraceuticals.

The region benefits from a robust biotech and pharmaceutical sector, fostering significant advancements in research and development. This investment in innovation has led to enhanced product formulations, further stimulating market expansion. Additionally, the presence of well-established distribution networks including online platforms, health stores, and pharmacies facilitates extensive product availability.

Regulatory frameworks in North America, led by agencies such as the FDA, support the integration of herbal supplements into health regimes, provided they adhere to safety and efficacy standards. This regulatory assurance, combined with a consumer shift towards natural and organic products, strengthens the market position. The trend towards preventive healthcare and wellness further bolsters consumer confidence and demand, indicating a promising growth trajectory for astragalus root extract in the region.

Key Regions and Countries

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • The UK
  • Spain
  • Italy
  • Russia
  • Netherland
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • South Korea
  • India
  • New Zealand
  • Singapore
  • Thailand
  • Vietnam
  • Rest of APAC
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of MEA

Key Players Analysis

Naturex is a prominent player in the astragalus root extract market, known for its advanced plant extraction technologies. They focus on high-quality, sustainable botanical extracts, making them a trusted choice for natural health products. Their commitment to eco-friendly practices and innovative extraction methods keeps them at the forefront of the industry.

Duas Rodas Institucional and Niagro Nichirei do Brasil Agrícola Ltda. are notable for their integration of traditional knowledge and modern technology. Duas Rodas excels in quality control and botanical expertise, while Niagro Nichirei emphasizes optimal agricultural conditions to enhance their extracts’ bioactive properties.

The Diana Group and The Green Labs LLC focus on nutrition and innovative extraction technologies, respectively. Diana Group targets health-conscious consumers by emphasizing the nutritional benefits of astragalus root. The Green Labs LLC distinguishes itself with advanced technology that ensures purity and efficacy. Other key players contribute to the market’s diversity and growth, supporting the rising demand for natural health solutions.

Market Key Players

• Naturex
• Duas Rodas Institucional
• Niagro Nichirei do Brasil Agrícola Ltda.
• Diana Group
• The Green Labs LLC
• NutriBotanica
• Vita Forte Inc.
• VidyaHerbs
• PLANTEX
• Martin Bauer Group
• Herbal Creative
• Blue Macaw Flora
• Herbal Bio Solutions

Recent Developments

• In January 2024: Duas Rodas acquired tropextrakt GmbH, a German company specializing in the distribution of botanical extracts and natural tropical fruit products. This acquisition, marking the fifth by Duas Rodas and fourth outside Brazil, aims to bolster its expansion in the European market. The deal is set to transform tropextrakt’s existing laboratory into an innovation and technology center focused on supplements and functional foods, projecting an increase in international market revenues from 18% to potentially 45% of total revenues over the next four years.
• In July 2023: Niagro Nichirei do Brasil Agrícola Ltda received a Platinum Sustainability Rating from EcoVadis, positioning them in the top 1% of all companies evaluated. This accolade recognizes their continuous efforts and achievements in sustainable practices within the industry​.
• In March 2023: Diana Group expanded its operations in the Astragalus Root Extract market by launching a new line of herbal supplements. This move was aimed at capitalizing on the increasing consumer demand for natural health products. The expansion included significant investment in new manufacturing facilities, reflecting the company’s commitment to capturing a larger share of the market in natural ingredients.

Report Scope