Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.
The market for rhodiola rosea extract is being driven by the rising awareness about the product for its ability to effectively lessen the mild to moderate level of depression in comparison to the placebo drug. Further, in 2012, the European Medicines Agency or EMA stated rhodiola rosea extract based medicinal products as adaptogen, which has since boosted the market demand for the product in the historical period. The extracts of rhodiola rosea have been standardised by several manufacturers and are promoted as a natural adaptogen in the market. Thereby, enhancing the market growth of the product over the forecast period.
PLT Health Solutions is the leading key player in the rhodiola rosea extract industry. In 2019, the company developed a verification project for Rhodiola rosea L by partnering with renowned companies like Botanical Liaisons, LLC and NaturPro Scientific, LLC. This programme was started to verify the rhodiola rosea extract which is being supplied from the USA inventory of the company. In 2017, the American Botanical Council published a report on the adulteration of the ingredient. The company has since taken the initiative to provide high quality rhodiola rosea extract by developing an ingredient identity verification programme. This is expected to boost the market growth over the forecast period due to a stronger trust in the product. The product is available on Amazon.com, Inc. (NASDAQ: AMZN), iherb.com, and select natural retailers, which help in boosting the sales of the product.
Market Analysis by Nature, Form, End Use, and Region:
Key Findings of the Report:
Key Offerings of the Report:
Organic Herb Inc, PLT Health Solutions, Xi'an Greena Biotech Co.,Ltd., and AdvaCare Pharma, among others, are the key players in the global rhodiola rosea extract market. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.