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Serrata Extract Market Trends

Report ID: GMI5357
Published Date: Jul 2024
Report Format: PDF

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Serrata Extract Market Trends

The serrata extract industry is propelled by a growing emphasis on overall wellness and preventive healthcare, where consumers prioritize natural solutions. Moreover, robust clinical research validating the efficacy of serrata extract for joint health and inflammation management enhances its credibility.

This dual focus on wellness trends and scientific validation fosters increased consumer trust and demand, propelling the growth of serrata extract as a preferred choice in health supplements. For instance, in June 2022, Bioiberica revealed that combining Collavant n2 collagen with Boswellia serrata herbal extract reduces joint discomfort within five days, showcasing rapid efficacy in joint health support.

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

The market size of serrata extract reached USD 99.48 million in 2023 and is set to witness 11.5% CAGR from 2024 to 2032, owing to the increasing consumer awareness about the health benefits of serrata extract and the development of new formulations worldwide.

Serrata extract industry from the powder segment is expected to reach USD 150.92 million by 2032 due to ease of handling, and versatility in the formulation of powdered serrata extract across various applications.

North America market is expected to register 11% CAGR through 2032, attributed to robust demand for dietary supplements and increasing adoption of natural health remedies in the region.

Herbal Creations, Manus Aktteva Biopharma LLP, Marven BioChem, Natura Vitalis Industries Pvt. Ltd., Orcas Naturals, SA Herbal Bioactives LLP, Sanat, S.A, Tangerine Biosciences, and Venkatesh Natural Extract Pvt. Ltd., are some of the major serrata extract companies worldwide.