Cycloastrogenol Market Report 2019 Foresees the Market to reach USD 9.5 MN by 2026
Posted On April 10, 2020
The report by Value Market Research on the Global Cycloastrogenol Market anticipates the market growth to reach CAGR of 3.5% during 2020-2026. The market was valued close to USD 7.5 MN in 2019 to is expected to reach USD 9.5 MN by 2026.The key driver steering the CAG market is the rising demand of this compound in several application areas, cosmetic and personal skin care products. Increasing popularity in the pharmaceutical industry for treating age-related diseases is also anticipated to surge the market growth. However, the carcinogenic potential of cycloastrogenol is expected to restraint market growth. The increasing popularity of body building trends in all genders is also driving product penetration in global markets owing to its potential as dietary supplements for body building.
Cycloastrogenol is a molecule particle separated from several specifies of the Astragalus genus (3,000 species of herbs and small shrubs). It is speculated to have telomerase activation activity. The chemical structure of this molecule is similar to that of the Astragaloside IV molecule. CAG is soluble in alcohol but insoluble in water and ether. It is also regarded as a novel anti-aging dietary supplement ingredient utilized in skincare and cosmetic products. Astragalus membranaceus is a known herb in the Traditional Chinese Medicine history as a natural remedy to cure fatigue, ulcers, hay fever, post longevity, etc. However, the main benefits of cycloastragenol are anti-aging and immune support effects.
The report "Cycloastrogenol Market Size, Share Analysis Report By Manufacturers, Regions, Type (Powder, Capsule And Others), Application (Pharma & Healthcare, Food Additives, Cosmetic & Skin Care And Others), Industry Trends, Growth, Estimation And Forecast, 2019-2026" covers the market introduction, key market statistics followed by in-depth regional revenue/or volume analysis. The contents of the report talks about historic data along with throwing light on the future opportunties of the cycloastrogenol market.
By type the cycloastrogenol market is bifurcated into powder, capsule and others. On the basis of application the cycloastrogenol market is bifurcated into pharma & healthcare, food additives, cosmetic & skin care and others.
The report covers North America (North America, United State and Rest of North America), Europe (United Kingdom, France, Germany, Rest of Europe), Asia Pacific (China, Japan, India, Rest of Asia Pacific), Latin America (Brazil, Rest of Latin America) and Middle East & Africa. The data tables in these chapters give the market estimates on the basis of all the segments.
The Report Segments Global Cycloastrogenol Market -
- Pharma & Healthcare
- Food Additives,
- Cosmetic & Skin Care
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Players Profiled In the Report:
Bio-norm, NandR Bio Industries, Shaanxi Pioneer Biotech, Simagchem, Xi'an Huisun Bio-Tec and Xi'an Lyphar Biotech among others.
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