It is an African legume that has traditionally been used as a native medicine for a variety of ailments. It aids the body in rooting out or cleaning out viruses that may be present and can improve the functioning of lymph nodes, thymus glands, and other parts of the body. Sutherlandia extract has the ability to reverse the destructive process of viruses in the body, allowing the poisons to be unraveled and corrected. Sutherlandia extract also has anti-diabetic properties, because it normalizes insulin levels and glucose uptake in peripheral tissues while suppressing intestinal glucose uptake.
MARKET SCOPE
The Sutherlandia Extract Market is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Sutherlandia Extract Market with detailed market segmentation by type, applications, end-user, and geography. The report provides key statistics on the market status of the leading Sutherlandia Extract Market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on the product types, the Sutherlandia Extract Market is segmented into powder sutherlandia extract, liquid sutherlandia extract, and gel sutherlandia extract.
- In terms of applications, the market is categorized into the pharmaceutical industry, nutraceutical industry, and beverage industry.
- By end-users, the Sutherlandia Extract Market is bifurcated into wholesale and retail.
MARKET DYNAMICS
Drivers:
- The growing awareness about Sutherlandia extract in the pharmaceutical industry is anticipated to propel the growth of the market during the forecast period.
- The rising prevalence of chronic diseases such as cancer and diabetes across the globe is expected to spur market growth in the coming years.
- Increasing usage of Sutherlandia extracts in dietary supplements and other nutritional products
- Side effects of sutherlandia extract such as slight dizziness, diarrhea, and dry mouth, among others can impede the market growth.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East & Africa (MEA), and South And Central America. The Sutherlandia Extract Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South And Central America after evaluating political, economic, social and technological factors affecting the Sutherlandia Extract Market in these regions.
IMPACT OF COVID-19 ON SUTHERLANDIA EXTRACT MARKET
COVID-19 first began in Wuhan (China) in December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The pandemic has affected the growth of this market worldwide due to the business shutdown, worldwide lockdown, and supply and trade disruptions. While the situation is rapidly evolving, the pandemic had already disrupted the world in three ways the direct health impact the impact on the healthcare system, and the social and economic consequences of the pandemic. The market for Sutherlandia Extract is expected to grow due to the rising prevalence of chronic diseases.
MARKET PLAYERS
The report covers key developments in the Sutherlandia Extract Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, partnerships & collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market players from the Sutherlandia Extract Market are anticipated to have lucrative growth opportunities in the future with the rising demand for Sutherlandia Extract Market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Sutherlandia Extract Market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, and the key development in the past five years.
- Afriplex
- Medico Herbs
- Global Fusion Naturals
- Afrinatural
- Geva SA
- The sutherlandia Company
- Afrigetics CC
- Body and Mind
- TMG Health
- Qualfon