Increasing demand for phytomedicines & Schisandra extracts

Leaves and herbs have been used since ancient times to manufacture herbal medicines. However, they are now gaining tremendous popularity due to the changing consumer trend of using natural products rather than synthetic ones. The leaves of many plants, including Schisandra are highly rich in antioxidants and also offer anti-microbial properties. This has led to their extensive usage in the cosmetics, pharmaceutical, and personal care industries. The demand for phytomedicines & Schisandra extracts is increasing significantly in various applications, including skincare, health care, functional food, nutraceuticals, and cosmetics, due to the growing awareness of its health benefits among consumers. Also, improper use of antibiotics causes certain bacteria strains to develop resistance, which further leads to fatal consequences. These instances have encouraged the demand for plant-based medicines and supplements such as Schisandra supplements. Herbal medicines are witnessing an increasing preference as they mainly protect from several infections and are considered better alternatives for existing and emerging antimicrobial drug-resistant (ADR) pathogens.

Pharmaceuticals contributed for largest market revenue share of 87.4% in the year 2019 owing to the widespread use of Schisandra extract in Traditional Chinese Medicine (TCM). The market for Schisandra extract in the pharmaceuticals sector is expected to grow with a CAGR of 7.78% during the forecast period, reaching USD *** thousand in 2027. The growth of the market can be majorly attributable to the widening practice of TCM in Americas and Europe. Rising interest towards herbal dietary supplements and rapidly growing utilization of Schisandra extracts in these formulations will also propel the growth of the market. Schisandra is widely used for pharmaceutical applications across countries like China, Japan and South Korea. Schisandra is used by some people to help protect the liver from harm. It is also used for treating liver disease (hepatitis) and protecting the liver from poisons. Others use it to help with alertness and to increase energy levels. It may also be used to help with low mood. Some people use it to help with problems sleeping. Schisandra may be used by some people to help with breathing problems like coughs, wheezing, or shortness of breath. Others believe it will help the body adapt to stress and protect from diseases. Schisandra is also used for preventing early aging and increasing lifespan, normalizing blood sugar and blood pressure, stimulating the immune system, and speeding recovery after surgery. Deoxyschizandrin, a major dibenzo cyclooctadiene lignan in Schisandra berries, has also been suggested to enhance the responsiveness of lung cancer cells to anti-cancer drugs.

Asia Pacific occupied the highest market share of 67% in 2019 which is expected to remain flat to reach 70% by 2027

The Asia Pacific Schisandra market size was worth USD 5,815.76 thousand in 2019 and is estimated to reach USD ** thousand by 2027, growing with the highest CAGR of 8.36% during the forecast period. The Asia Pacific is expected to dominate the global Schisandra market in 2019 and is estimated to hold the largest market share of 67% in the year 2019. Schisandra is mainly grown in China, Korea and Russia. 

China dominated the Asia Pacific Schisandra market with the highest revenue share of 66% in the year 2019. In China, it is typical to include medicinal plants of various kinds in foods, to boost the overall health value of those foods. Schisandra is widely used in the food and beverage applications. According to the Chinese, drinking Schisandra berry tea for one hundred days will repair health entirely. Drinking it every day, at least twice a day, can help lose at least two pounds a week. One way of getting the weight loss benefits of consuming Schisandra berries every day is to infuse it with dark cherry juice. Cherry juice is also a fortifier of the blood and liver that is known for causing weight loss by regulating the metabolism. The Vitamin C in dark cherry juice can also work synergistically with the anti-inflammatory effects of the Schisandra berries. Moreover, presence of key players in China is expected to drive the China Schisandra market from USD 3,851.11 thousand in 2019, to USD *** thousand in 2027, growing with a CAGR of 8.41% during the forecast period. Hunan Nuoz Biological Technology Co., Ltd, Shaanxi Fuheng (FH) Biotechnology Co., Ltd, Suzhou Vitajoy Bio Tech. Ltd and Xi'an SR Bio-Engineering Co., Ltd. some of the key players in China Schisandra market.

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