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The market for white willow bark extract is being driven by the growing demand from its end use segments, such as animal consumption and human consumption. The animal use of white willow bark consists of an alternative to other pharmaceutical grade salicylic acid derivatives, along with a zero to little toxic effect on animals. This is expected to aid the market growth of the white willow bark extract over the forecast period. In addition, the market is further driven by the rising safety concerns among consumers about the toxic effect of analgesic medications on kidney and liver, thus, encouraging the use of these alternate medicines. Therefore, it is expected to witness an accelerated demand over the forecast period.
The white willow bark extract industry is driven by the key players such as Herbo Nutra and The Green Labs LLC. The product offered by the Herbo Nutra has several functions or efficacies, including prevention of pyretic, analgesic, detumescence, and rheumatism; strengthening of the stomach and encouraging digestion; relieving the pain caused by arthritis, rheumatism, and carpal tunnel syndrome; and its use in reducing fever, among others. The product is available on Amazon.com, Inc. (NASDAQ: AMZN), which provides easy accessibility to the consumers, further aiding the market growth.
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The Green Labs LLC., Foodchem International Corporation, Augustus Oils Ltd, Naturalin BioTech Co.,Ltd, and Herbo Nutra, among others, are the key players in the global white willow bark 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.
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