The global demand for Ginkgo Biloba Extract Market is presumed to reach the market size of nearly USD 2.91 MN by 2028 from USD 2.06 MN in 2021 with a CAGR of 5.1% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Units in 2021 and forecast to touch XX Units by 2028 with a CAGR of XX% during 2022-2028.
Ginkgo biloba extract is a herbal supplement produced from the dried leaves of the tree ginkgo. Ginkgo biloba extract is a popular health supplement due to its antioxidant, anti-inflammatory, and neuroprotective properties; ability to enhance blood circulation; treatment of glaucoma; and effectiveness in preventing infections. Ginkgo biloba extract improves blood circulation, especially in the brain, and treats various mental health conditions, such as anxiety and depression. Its tablets are available in a variety of dosages and formulations.
Market Dynamics
The growing awareness about anti-ageing products among the population is increasing demand for anti-ageing products across the globe, which is expected to boost the growth of the ginkgo biloba extract market. The demand for ginkgo biloba is scaling up as awareness regarding its health benefit in preventing and treating stroke is rising. Moreover, the increasing incorporation of ginkgo biloba extract in beverages such as energy drinks is accelerating the spending growth momentum of the ginkgo biloba extract market. Furthermore, ginkgo biloba treating asthma, bronchitis, central nervous system disorders, etc., is also expected to drive the target market growth. However, the low availability of raw materials due to the reduction of Ginkgo biloba trees caused by over-cutting these trees may hamper the market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of ginkgo biloba extract. The growth and trends of Ginkgo Biloba Extract Industry provide a holistic approach to this study.
Market Segmentation
This section of the ginkgo biloba extract market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Tablet
- Capsule
- Liquid Extract
By End-Use
- Pharmaceuticals
- Food Industries
- Dietary Supplements
By Distribution Channel
- Pharmacies/Drugstores
- Health & Beauty Stores
- Hypermarket/Supermarket
- Direct Selling
- Online
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Ginkgo Biloba Extract market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Ginkgo Biloba Extract Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the ginkgo biloba extract market include Wagott, Conba, Schwabe, Sundown Naturals, Solgar, Nature Made, Nature’s Bounty, Jarrow Formula, Good 'N Natural, Blackmores, 21st Century, Solaray. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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