The global white willow bark extract market is anticipated to grow at a significant CAGR during the forecast period. The bark of white willow has already traditionally been used in the regions of Asia and Europe as the medication for pain such as lower back as well as in joint pain of osteoarthritis. Thus, market growth is primarily attributed to the increasing population base suffering from the back pain and joint pain ailments. The risk factors for such ailments further rises with the growing aging population coupled. According to the US Census Bureau estimates released in June 2020, the number of the US residents aged 65 or over increased from 35 million in 2000 to an estimated 73 million in 2020, and the median age for the US is also projected to continue to increase. Such projections suggest the promising growth of the global white willow bark extract market.
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The white willow bark extract serves as a traditional substitute for pain relief medication and other derivative uses including the relief from menstrual cramps. Thus, it is also used as an anti-inflammatory agent, which further drives its market growth all over the globe. Its pain reliever property is majorly owing to the chemical constituent named salicin that is considered to be identical to the structure of aspirin which, as a result, provides sufficient relief in pain. The popularity of white willow extract is not only limited to the use in pain management, however, also the presence of flavonoids and polyphenols that contains antioxidant, antiseptic, fever-reducing and immune-strengthening properties.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By Form
o By Application
o By End-User
- Regions covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape: Jiaherb, Inc., Foodchem International Corp., and Naturalin BioTech Co., Ltd., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global White Willow Bark Extract Market Report by Segment
By Form
- Capsules
- Tablets
- Powder
- Liquid
By Application
- Arthritis
- Low Back Pain
- Others
By End-User
- Cosmetics
- Food and Beverage
- Pharmaceuticals
- Personal Care
- Dietary Supplements
- Others
A full report of White Willow Bark Extract Market is available at: https://www.omrglobal.com/industry-reports/white-willow-bark-extract-market
White Willow Bark Extract Market– Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
