According to this study, over the next five years the Agrimony will register a xx% CAGR in terms of revenue, the global size will reach US$ xx million in 2019. In particular, this report presents the global share (sales and revenue) of key companies in Agrimony business, shared in this Report.
This report presents a comprehensive overview, shares, and growth opportunities of Agrimony by product type, application, key manufacturers and key regions and countries.
This study considers the Agrimony value and volume generated from the sales of the following segments:
Agrimony market can be segmented on the basis of form, application, distribution channel and region.
By form, agrimony market can be segmented into powder and dried leaf form. Among which the demand for dried leaf form is expected to increase in the forecast period.
By application, agrimony market can be segmented into food and beverage industry and pharmaceutical industry. In food and beverage industry the agrimony herb is used to make herbal tea as it cures a sore throat and diarrhea. It also prevents skin diseases. In the pharmaceutical industry, agrimony is used for sore throat, mild diarrhea, upset stomach, diabetes, irritable bowel syndrome (IBS), fluid retention, gallbladder disorders, cancer, tuberculosis, bleeding, corns, and warts due to the presence of tannins, coumarins, flavonoids, including luteolin, volatile oil, and polysaccharides. It can also be used as a gargle, heart tonic, sedative, and antihistamine. Agrimony can be applied directly to the skin as a mild drying agent and for inflammation as well.
By distribution channel, agrimony market can be segmented into direct and indirect sales. The indirect sales can be further sub-segmented into convenience stores, specialty stores, pharmacy stores, online retail, and others.
By region, the agrimony market can be segmented into five distinct regions which include North America, Latin America, Europe, Asia Pacific, Middle East and Africa. Among which Europe, Western Asia, and Northern Europe is the native of agrimony.
Agrimony Market Drivers Restraints and Trends
Major drivers driving the global agrimony market include the growing health concern among consumers and rising demand for herbal treatments. Based on the benefits of the agrimony, the medicinal demand of it is increasing and people are getting attracted towards it. It has been studied that due to the presence of anti-diabetic property, the active components of agrimony can moderate the glucose and insulin uptake processes in the body better than many other natural diabetic treatments. It acts as an anti-inflammatory agent and aids in digestion. It also improves respiratory conditions like bronchitis and sinus issues too. It improves skin health, prevents psoriasis, eczema, or any other skin condition. It detoxifies the body and modifies the function of the liver and gallbladder, thereby preventing serious health issues and promoting overall metabolic efficiency. Recent studies are also being carried out about agrimony’s anti-cancerous properties, which can be further used to prevent cancer. These medicinal benefits of agrimony are opening great opportunities to the global market.
Apart from all the benefits and uses, the herbal remedies from agrimony must be used carefully, as they can cause certain susceptible individuals to experience the symptoms of photodermatitis, a type of skin rash which can develop after the consumption of the herb and which comes on when the person's skin is constantly exposed to direct sunlight. The consumption of this medicine can also lower down blood pressure level of that particular individual, hence the herbal remedies should not be carried out by those who are susceptible to low blood pressure issues. These are some of the factors which can further retain the agrimony market to grow in the forecast period.
Agrimony Market Key Players
Some of the major key players involved in the production of agrimony are Emorsgate Seeds, Falcon Russia., Healingherbs Ltd., G. Baldwin & Co., Monterey Bay Spice Company, Inc., Carrubba INC., and others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The report also presents the competition landscape and a corresponding detailed analysis of the major vendor/manufacturers.
In addition, this report discusses the key drivers influencing growth, opportunities, the challenges and the risks faced by key manufacturers and the as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives Covered in this Agrimony Report:
To study and analyze the global Agrimony consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Agrimony by identifying its various sub segments.
Focuses on the key global Agrimony manufacturers, to define, describe and analyze the sales volume, value, share, competition landscape, SWOT analysis and development plans in next few years.
To analyze the Agrimony with respect to individual growth trends, future prospects, and their contribution.
To share detailed information about the key factors influencing the growth of the (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Agrimony subs, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions.
To strategically profile the key players and comprehensively analyze their growth strategies.
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