Request SampleGlobal Asiatic Pennywort Extract Market Research Report 2022
SKU ID : QYR-21594041 | Publishing Date : 01-Sep-2022 | No. of pages : 104
Asiatic Pennywort (also known as gotu kola and Indian pennywort) is a perennial creeping plant which grows around the Indian ocean. Traditionally used in the management of dermatological conditions in its native area, it is used to support faster healing of small wounds, scratches and superficial burns, as well as an anti-inflammatory for eczema, minor itching and insect bites.
Its active constituents are pentacyclic triterpenoids which have regulating and activating functions, acting on the collagen present in many organs. In skin, the major components are collagens type I and II. Skin aging is related mainly to a decrease in type I collagen levels, which also plays a major role in wound healing. Studies have shown that the main constituents of Centella asiatica (Asiatic acid, madecassic acid, and asiaticoside) increase collagen synthesis. In addition to stimulating the synthesis of collagen, it also improves tensile strength of the skin.
Market Analysis and Insights: Global Asiatic Pennywort Extract Market
Due to the COVID-19 pandemic, the global Asiatic Pennywort Extract market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, 10% (Purity) accounting for % of the Asiatic Pennywort Extract global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Cosmetic segment is altered to an % CAGR throughout this forecast period.
North America Asiatic Pennywort Extract market is estimated at US$ million in 2021, while Europe is forecast to reach US$ million by 2028. The proportion of the North America is % in 2021, while Europe percentage is %, and it is predicted that Europe share will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. As for the Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
The global major manufacturers of Asiatic Pennywort Extract include Biogründl, Shenyang Phytocare Ingredients, Greenpharma, Vee Kay International, Premier Specialties, Phyto Life Sciences, Carrubba, Amsar and Sabinsa, etc. In terms of revenue, the global 3 largest players have a % market share of Asiatic Pennywort Extract in 2021.
Global Asiatic Pennywort Extract Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Asiatic Pennywort Extract Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
10% (Purity)
40% (Purity)
70% (Purity)
80% (Purity)
99% (Purity)
Other
Segment by Application
Cosmetic
Food
Pharmaceutical
By Company
Biogründl
Shenyang Phytocare Ingredients
Greenpharma
Vee Kay International
Premier Specialties
Phyto Life Sciences
Carrubba
Amsar
Sabinsa
BASF
Aldivia
Amruta Herbals
BotanicalsPlus
Dermalab
Alban Muller
Naturalin
The Garden of Naturalsolution
EGgroup
Peter Jarvis
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Its active constituents are pentacyclic triterpenoids which have regulating and activating functions, acting on the collagen present in many organs. In skin, the major components are collagens type I and II. Skin aging is related mainly to a decrease in type I collagen levels, which also plays a major role in wound healing. Studies have shown that the main constituents of Centella asiatica (Asiatic acid, madecassic acid, and asiaticoside) increase collagen synthesis. In addition to stimulating the synthesis of collagen, it also improves tensile strength of the skin.
Market Analysis and Insights: Global Asiatic Pennywort Extract Market
Due to the COVID-19 pandemic, the global Asiatic Pennywort Extract market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, 10% (Purity) accounting for % of the Asiatic Pennywort Extract global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Cosmetic segment is altered to an % CAGR throughout this forecast period.
North America Asiatic Pennywort Extract market is estimated at US$ million in 2021, while Europe is forecast to reach US$ million by 2028. The proportion of the North America is % in 2021, while Europe percentage is %, and it is predicted that Europe share will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. As for the Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
The global major manufacturers of Asiatic Pennywort Extract include Biogründl, Shenyang Phytocare Ingredients, Greenpharma, Vee Kay International, Premier Specialties, Phyto Life Sciences, Carrubba, Amsar and Sabinsa, etc. In terms of revenue, the global 3 largest players have a % market share of Asiatic Pennywort Extract in 2021.
Global Asiatic Pennywort Extract Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Asiatic Pennywort Extract Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
10% (Purity)
40% (Purity)
70% (Purity)
80% (Purity)
99% (Purity)
Other
Segment by Application
Cosmetic
Food
Pharmaceutical
By Company
Biogründl
Shenyang Phytocare Ingredients
Greenpharma
Vee Kay International
Premier Specialties
Phyto Life Sciences
Carrubba
Amsar
Sabinsa
BASF
Aldivia
Amruta Herbals
BotanicalsPlus
Dermalab
Alban Muller
Naturalin
The Garden of Naturalsolution
EGgroup
Peter Jarvis
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
24/7 Research Support
Phone: +1 424 253 0807 
