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Global Salacia Market: By Plant Species: Salacia Oblonga, Salacia Reticulata; By Source: Organic, Conventional; By Application: Dietary Supplements, Pharmaceuticals, Others; Regional Analysis; Historical Market and Forecast (2015-2025); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments

Global Salacia Market Outlook

The global salacia market is being aided by the growth of the herbal medicine market. The global herbal medicine market is expected to grow at a CAGR of 6% in the forecast period of 2020-2025.

 

Salacia Market

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The Asia Pacific to Provide Enhanced Growth Opportunities for the Expansion of the Salacia Industry

Region-wise, the Asia Pacific is expected to significantly contribute to the industry growth over the forecast period. This can be attributed to the easy availability of salacia in various Asian countries like Sri Lanka, India, China, Indonesia, and Vietnam, among others, as well as increased utilisation of the product in traditional medical practices. Salacia serves as a popular ingredient in Ayurvedic remedies for the treatment of diabetes and obesity. Thus, the growing demand for herbal products in the region is expected to propel the industry growth. Meanwhile, the growing shift towards natural products and increased prevalence of obesity in North America are expected to drive the market growth in the region. This is further supported by the high consumer spending power and growing health awareness in the region.

 

Salacia Market by Application

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Salacia: Industry Definition and Segmentation

Salacia, a woody climber naturally found in tropical regions, is a genus of plants in the family Celastraceae. Salacia genus consists of nearly 120 species (e.g. Salacia reticulata, Salacia oblonga, and Salacia prinoides). The roots and stems of various species have been used for hundreds of years in the treatment of asthma, rheumatism, itching and swelling, diabetes, and skin diseases. The most prominent active agents in salacia include salacinol, kotalanol, mangiferin, and kotalagenin 16?acetate. Among these, mangiferin has been the most extensively studied individual constituent.

The different plant species of salacia are:

  • Salacia Oblonga
  • Salacia Reticulata

Based on source, the industry can be bifurcated into:

  • Organic
  • Conventional

The various application sectors of salacia include:

  • Dietary Supplements
  • Pharmaceuticals
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Salacia Market by Region

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Increased Prevalence of Diabetes and the Growing Preference for Herbal Remedies are Boosting the Salacia Industry Growth

The demand for salacia extracts has risen in recent years owing to the rapid increase in the incidences of diabetes and pre?diabetes and the need for safe and effective drugs that can assist in the control of blood sugar as well as lipid levels. The diabetic patients rely on current conventional treatment protocols, which involve medications and complex treatment regimes and may cause several side effects. This has created an enhanced demand for herbal and alternative treatment solutions. A number of clinical studies have indicated that aqueous salacia extracts, when administered to type II diabetic subjects, effectively control blood glucose levels, and do so without adverse effects. This is significantly driving the demand for the product in the pharmaceutical industry. Also, salacia extracts appear to be very safe, based on animal and in vitro studies, as well as human use. Other factors like rising disposable incomes and the growing demand for dietary supplements are also aiding the market. Over the forecast period, the growing research and development activities are expected to create new opportunities for salacia in sectors like cosmetics and personal care. This is expected to positively influence the industry growth.

 

Key Industry Players in the Global Salacia Market

The report gives a detailed analysis of the following key players in the global salacia market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • S.A. Herbal Bioactives LLP
  • VPL Chemicals Pvt Ltd.
  • Princeton Vitamins LLC
  • All-Season Herbs. Pvt. Ltd.
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Salacia Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Salacia Historical Market (2015-2019) 
    8.3    Global Salacia Market Forecast (2020-2025)
    8.4    Global Salacia Market by Plant Species
        8.4.1    Salacia Oblonga
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2015-2019)
            8.4.1.3    Forecast Trend (2020-2025)
        8.4.2    Salacia Reticulata
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2015-2019)
            8.4.2.3    Forecast Trend (2020-2025)
    8.5    Global Salacia Market by Source
        8.5.1    Organic
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2015-2019)
            8.5.1.3    Forecast Trend (2020-2025)
        8.5.2    Conventional
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2015-2019)
            8.5.2.3    Forecast Trend (2020-2025)
    8.6    Global Salacia Market by Application
        8.6.1    Dietary Supplements
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2015-2019)
            8.6.1.3    Forecast Trend (2020-2025)
        8.6.2    Pharmaceuticals
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2015-2019)
            8.6.2.3    Forecast Trend (2020-2025)
        8.6.3    Others
    8.7    Global Salacia Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2015-2019)
        9.1.2    Forecast Trend (2020-2025)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2015-2019)
        9.2.2    Forecast Trend (2020-2025)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2015-2019)
        9.3.2    Forecast Trend (2020-2025)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2015-2019)
        9.4.2    Forecast Trend (2020-2025)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2015-2019)
        9.5.2    Forecast Trend (2020-2025)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2015-2019) and Forecast (2020-2025)
    12.2    Europe Historical Price Trends (2015-2019) and Forecast (2020-2025)
    12.3    Asia Pacific Historical Price Trends (2015-2019) and Forecast (2020-2025)
    12.4    Latin America Historical Price Trends (2015-2019) and Forecast (2020-2025)
    12.5    Middle East and Africa Historical Price Trends (2015-2019) and Forecast (2020-2025)
13    Competitive Landscape
    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    S.A. Herbal Bioactives LLP
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    VPL Chemicals Pvt Ltd.
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Princeton Vitamins LLC
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    All-Season Herbs. Pvt. Ltd.
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    Others
14    Industry Events and Developments

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operations Involved
2    Project Requirements and Cost Analysis
    2.1    Land, Location, and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investments

 

List of Figures and Tables

1.    Global Salacia Market: Key Industry Highlights, 2015 and 2025
2.    Global Salacia Historical Market: Breakup by Plant Species (USD Million), 2015-2019
3.    Global Salacia Market Forecast: Breakup by Plant Species (USD Million), 2020-2025
4.    Global Salacia Historical Market: Breakup by Source (USD Million), 2015-2019
5.    Global Salacia Market Forecast: Breakup by Source (USD Million), 2020-2025
6.    Global Salacia Historical Market: Breakup by Application (USD Million), 2015-2019
7.    Global Salacia Market Forecast: Breakup by Application (USD Million), 2020-2025
8.    Global Salacia Historical Market: Breakup by Region (USD Million), 2015-2019
9.    Global Salacia Market Forecast: Breakup by Region (USD Million), 2020-2025
10.    North America Salacia Historical Market: Breakup by Country (USD Million), 2015-2019
11.    North America Salacia Market Forecast: Breakup by Country (USD Million), 2020-2025
12.    Europe Salacia Historical Market: Breakup by Country (USD Million), 2015-2019
13.    Europe Salacia Market Forecast: Breakup by Country (USD Million), 2020-2025
14.    Asia Pacific Salacia Historical Market: Breakup by Country (USD Million), 2015-2019
15.    Asia Pacific Salacia Market Forecast: Breakup by Country (USD Million), 2020-2025
16.    Latin America Salacia Historical Market: Breakup by Country (USD Million), 2015-2019
17.    Latin America Salacia Market Forecast: Breakup by Country (USD Million), 2020-2025
18.    Middle East and Africa Salacia Historical Market: Breakup by Country (USD Million), 2015-2019
19.    Middle East and Africa Salacia Market Forecast: Breakup by Country (USD Million), 2020-2025
20.    North America Historical Price Trends and Forecast 2015-2025
21.    Europe Historical Price Trends and Forecast 2015-2025
22.    Asia Pacific Historical Price Trends and Forecast 2015-2025
23.    Latin America Historical Price Trends and Forecast 2015-2025
24.    Middle East and Africa Historical Price Trends and Forecast 2015-2025
25.    Global Salacia Market Structure

Key Questions Answered in the Report

The global salacia market is being aided by the rising herbal medicine market, which is projected to grow at a CAGR of 6% between 2020 and 2025.

The major drivers of the industry, such as the growing demand for plant based and natural products, rising disposable incomes, increasing prevalence of diabetes and obesity, and growing health concern, are expected to aid the market growth.

The key market trends guiding the growth of the industry include the increasing R&D activities and expanding applications of salacia.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading plant species of salacia in the market are salacia oblonga and salacia reticulata.

The major sources of salacia in the industry are organic and conventional.

The significant application segments in the market are dietary supplements and pharmaceuticals, among others.

The major players in the industry are S.A. Herbal Bioactives LLP, VPL Chemicals Pvt Ltd., Princeton Vitamins LLC, and All-Season Herbs. Pvt. Ltd., among others.

Analyst Review

The global salacia market is being driven by the rising demand for plant based products and herbal medicines. Aided by the growing investments into R&D, the global herbal medicine market is expected to witness a healthy growth in the forecast period of 2020-2025, growing at a CAGR of 6%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on plant species, the market is bifurcated into salacia oblonga and salacia reticulata. On the basis of source, the industry is divided into organic and conventional. Based on application, the market is segmented into dietary supplements and pharmaceuticals, among others. The major regional markets for salacia are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include S.A. Herbal Bioactives LLP, VPL Chemicals Pvt Ltd., Princeton Vitamins LLC, and All-Season Herbs. Pvt. Ltd., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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