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The global white willow bark extract market is being aided by the growth of the pain management drugs market. The global pain management drugs market is expected to attain USD 41 billion in 2020 and is expected to further grow at a CAGR of 4% in the forecast period of 2023-2028.
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The market for white willow bark is driven by its widespread use in pain management. Its properties include the presence of polyphenols and flavonoids, antiseptic, antioxidant, fever-reducing, and immune-strengthening properties. This further adds to its commercialisation across several sectors. The market has further strengthened due to the availability of the product in various dosages, along with its evidence-based research. The new dosage forms include tablets, liquid syrups, capsules, and topical preparations. Further, the rising consumer awareness about the safe usage and natural pain relief medication has boosted the demand for white willow bark extract and is expected to aid the market growth over the forecast period as well. The product is used mainly in India, China, and Greece as traditional medicines. This is attributed to the rising consumer preference for traditional products across the globe.
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White willow bark extract is used to treat pain in the lower back and osteoarthritis within the Asia Pacific and Europe. The ointment offers a traditional alternative to pain medicines and additional derived uses like its use as an anti-inflammatory agent and relief from menstrual cramps. The relief caused by its application is due to the chemical constituent salicin present in it that has a similar structure to that of aspirin and provides mild relief in pain.
On the basis of form, the market is divided into:
Based on end use, the industry can be segmented into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The white willow bark extract industry is driven by its use as an alternative to pharmaceutical medicines that could have major side effects. Therefore, the rising demand from the health-conscious consumers is predicted to aid the market for white willow bark extract over the forecast period. The market is further aided by the availability of the product in a variety of preparations such as capsules and tablets, which has led to the convenience in use for the consumers and the option to choose the best-suited alternative. Further, the product offers an alternative to manage chronic pain from a mild to a moderate degree, which is significantly contributing to the market growth of white willow bark extract.
The report gives a detailed analysis of the following key players in the global white willow bark extract market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
---|---|
Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Form, End Use, Region |
Breakup by Form | Powder, Liquid |
Breakup by End Use | Food and Beverage, Cosmetics, Personal Care, Pharmaceuticals, Dietary Supplements, Others |
Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
Price Analysis | Historical and Forecast Price Trends- Regional |
Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
Companies Covered | The Green Labs LLC., Foodchem International Corporation, Augustus Oils Ltd, Naturalin BioTech Co.,Ltd, Herbo Nutra, Others |
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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.
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 White Willow Bark Extract Market Analysis
8.1 Key Industry Highlights
8.2 Global White Willow Bark Extract Historical Market (2018-2022)
8.3 Global White Willow Bark Extract Market Forecast (2023-2028)
8.4 Global White Willow Bark Extract Market by Form
8.4.1 Powder
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Liquid
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global White Willow Bark Extract Market by End Use
8.5.1 Food and Beverage
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Cosmetics
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Personal Care
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Pharmaceuticals
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Dietary Supplements
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Others
8.6 Global White Willow Bark Extract Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
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 (2018-2022)
9.2.2 Forecast Trend (2023-2028)
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 (2018-2022)
9.3.2 Forecast Trend (2023-2028)
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 (2018-2022)
9.4.2 Forecast Trend (2023-2028)
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 (2018-2022)
9.5.2 Forecast Trend (2023-2028)
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 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
13 Manufacturing Process
13.1 Overview
13.2 Detailed Process Flow
13.3 Operations Involved
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 The Green Labs LLC.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Foodchem International Corporation
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Augustus Oils Ltd
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Naturalin BioTech Co.,Ltd
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Herbo Nutra
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Others
15 Industry Events and Developments
Additional Customisations Available
1 Project Requirements and Cost Analysis
1.1 Land, Location, and Site Development
1.2 Construction
1.3 Plant Machinery
1.4 Cost of Raw Materials
1.5 Packaging
1.6 Transportation
1.7 Utilities
1.8 Manpower
1.9 Other Capital Investments
List of Key Figures and Tables
1. Global White Willow Bark Extract Market: Key Industry Highlights, 2018 and 2028
2. Global White Willow Bark Extract Historical Market: Breakup by Form (USD Million), 2018-2022
3. Global White Willow Bark Extract Market Forecast: Breakup by Form (USD Million), 2023-2028
4. Global White Willow Bark Extract Historical Market: Breakup by End Use (USD Million), 2018-2022
5. Global White Willow Bark Extract Market Forecast: Breakup by End Use (USD Million), 2023-2028
6. Global White Willow Bark Extract Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global White Willow Bark Extract Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America White Willow Bark Extract Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America White Willow Bark Extract Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe White Willow Bark Extract Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe White Willow Bark Extract Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific White Willow Bark Extract Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific White Willow Bark Extract Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America White Willow Bark Extract Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America White Willow Bark Extract Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa White Willow Bark Extract Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa White Willow Bark Extract Market Forecast: Breakup by Country (USD Million), 2023-2028
18. North America Historical Price Trends and Forecast 2018-2028
19. Europe Historical Price Trends and Forecast 2018-2028
20. Asia Pacific Historical Price Trends and Forecast 2018-2028
21. Latin America Historical Price Trends and Forecast 2018-2028
22. Middle East and Africa Historical Price Trends and Forecast 2018-2028
23. Global White Willow Bark Extract Market Structure
In 2020, the global white willow bark extract market is aided by the growing pain management drugs market, which attained a value of nearly USD 14.3 billion.
The pain management drugs market is projected to grow at a CAGR of 7.3% between 2021 and 2026, further aiding the white willow bark extract industry growth.
The major drivers of the industry, such as an alternative to pharmaceutical medicines, the rising demand from the health-conscious consumers, availability of product in a variety of preparations, and the growing technological advancements, are expected to aid the market growth.
The key trend guiding the growth of the market includes the consumer indulgence in consuming safer and traditional products across the globe.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading forms of white willow bark extract in the market are powder and liquid.
The major end use sectors in the industry are food and beverage, cosmetics, personal care, pharmaceuticals, and dietary supplements, among others.
The major players in the industry are The Green Labs LLC., Foodchem International Corporation, Augustus Oils Ltd, Naturalin BioTech Co.,Ltd, and Herbo Nutra, among others.
The global white willow bark extract market is being aided by the rising pain management drugs market, which attained a value of USD 41 billion in 2020. Aided by the rising pharmaceutical industry, the pain management drugs market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 4%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on form, the market is segmented into powder and liquid. By end use, the industry is divided into food and beverage, cosmetics, personal care, pharmaceuticals, and dietary supplements, among others. The major regional markets for white willow bark extract are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include The Green Labs LLC., Foodchem International Corporation, Augustus Oils Ltd, Naturalin BioTech Co.,Ltd, and Herbo Nutra, 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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