Extraction of Traditional Chinese Medicine (TCM) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

The chemical composition of traditional Chinese medicine is very complicated, including various active ingredients, ineffective ingredients and toxic ingredients.It is an important content in the research field of traditional Chinese medicine to extract the active components and further isolate and purify the effective monomer.The extraction of traditional Chinese medicine is to use some techniques to extract the effective ingredients to the maximum extent, so as to improve the internal quality and clinical therapeutic effect of traditional Chinese medicine preparations and maximize the effect of traditional Chinese medicine.The United States is the world's largest sales region for traditional Chinese medicine extraction, accounting for about 47% of sales in 2016, while Europe ranks second with 27%.China's domestic applications are mainly concentrated in the field of health food, including a variety of dosage forms, capsules, tablets, oral solutions, health wine, etc. Most of the overseas applications are in the development and use of herbal medicine, and there is a trend to gradually expand the use of dietary supplements, cosmetics, health tobacco manufacturing, feed additives, etc.

The global market for Extraction of Traditional Chinese Medicine (TCM) was estimated to be worth US$ million in 2023 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during the forecast period 2024-2030.

Global Extraction of Traditional Chinese Medicine (TCM) key players include Welld, Naturexchina, CCGB, Pharmachem Laboratories, etc.

United States is the largest market, with a share over 45%, followed by China, and Europe, both have a share about 40 percent.

In terms of product, Powder is the largest segment, with a share over 60%. And in terms of application, the largest application is Medicines and Health Care Products, followed by Food Additive, Cosmetics, etc.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Extraction of Traditional Chinese Medicine (TCM), focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Extraction of Traditional Chinese Medicine (TCM) by region & country, by Type, and by Application.

The Extraction of Traditional Chinese Medicine (TCM) market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Extraction of Traditional Chinese Medicine (TCM).

Market Segmentation


By Company


Welld

Naturexchina

CCGB

Pharmachem Laboratories

Tsumura＆Co

Indena

BGG

PureCircle

Layn Natural Ingredients

Euromed

Fanzhi Pharmaceutical

Conbagroup

Yangling Dailyhealth Bio-Engineering Technology Co., Ltd.

BI Nutraceuticals

DÖHLER

Tianjin Jlanfeng Natural Product R&D Co, Ltd.

GLG

Shanghai Novanat Co.,Ltd.


Segment by Type
:

Powder

Liquid


Segment by Application


Medicines and Health Care Products

Food Additive

Cosmetics

Other

By Region

North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

China Taiwan

Southeast Asia

India

Latin America

Mexico

Brazil

Argentina

Middle East & Africa

Turkey

Saudi Arabia

UAE

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 2: Detailed analysis of Extraction of Traditional Chinese Medicine (TCM) manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 5: Revenue of Extraction of Traditional Chinese Medicine (TCM) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 6: Revenue of Extraction of Traditional Chinese Medicine (TCM) in country level. It provides sigmate data by Type, and by Application for each country/region.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.

Frequently Asked Questions