Organic Herb Inc, PLT Health Solutions, Xi'an Greena Biotech Co., Ltd., and AdvaCare Pharma, among others, are the major players in the global rhodiola rosea extract market.
The global rhodiola rosea extract market is expected to grow at a CAGR of about 12.8% in the forecast period of 2022-2027. As per the analysis by Expert Market Research, the market is expected to be driven by the growing awareness regarding the benefits of rhodiola rosea extracts.
Rhodiola rosea extract is known to reduce stress and anxiety while relieving fatigue, which is surging its demand. The extract can also reduce irritability and increase attention span, due to which its demand among the population with hectic lifestyles is growing. Moreover, the growing use of rhodiola rosea extract for providing resistance against high altitude sickness is driving the market demand. Rhodiola rosea extract is increasingly used as an adaptogen, hence positively influencing the market growth.
Rhodiola rosea extract may be useful to improve burnout symptoms, including depression and stress, among others, which is boosting their demand among the working population. Various leading companies are also initiating research and development (R&D) activities to investigate the clinical outcomes of rhodiola rosea extract for burnout treatment, which is likely to favour the market growth.
The increasing research activities suggesting the benefits of rhodiola rosea extract to surge insulin levels for effective diabetes management are anticipated to support the market. With the growing costs of diabetes management and the increasing inclination towards natural treatment, the utilisation of rhodiola rosea extracts is increasingly explored. For instance, in August 2022, researchers at the University of California discovered the effectiveness of rhodiola rosea plant as an effective and safe non-pharmaceutical alternative for type-2 diabetes management.
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Organic Herb Inc is a company that deploys innovative technologies to develop high-efficiency and sustainable products. Some of its leading products include grape vine extract, Tongkat Ali extract, Rhodiola rose extract, natural colours, as well as plant functional components like standardised and high-purity extracts. The company extensively invests in research and development activities to offer the latest solutions to consumers and develop innovative herbal extracts.
|Headquarters:||New Jersey, United States|
PLT Health Solutions is a company that aims to utilise cutting-edge wellness and health science for advancing the healthcare sector. It sources quality ingredients from nearly 18 countries and offers more than 30 scientifically backed and high-quality ingredient solutions. In August 2022, the company announced its offering of its new elderberry extracts in North America.
Xi'an Greena Biotech is a company that is involved in the manufacturing and development of plant extracts and functional formulations. Some of its high-quality products include cosmeceuticals, herbal extracts, botanicals, and vegetable and fruit extracts, among others. The company aims to integrate traditional Chinese pharmaceutical and health wisdom with modern manufacturing technologies to develop high-quality natural ingredients.
|Headquarters:||Wyoming, United States|
AdvaCare Pharma is an oncology, pharmaceutical, supplement, antimalarial, medical device, and veterinary product manufacturer. Its 4,000 branded products are marketed and sold in more than 65 countries across the globe. The company also provides its innovative products to governments and hospitals, among others. It actively invests in research and development activities to treat diseases, including HIV and cancer, among others.
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.