Stinging Nettle Root Extract Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

The publisher has released its latest analysis report, revealing that the global Stinging Nettle Root Extract Market achieved sales of US$62 Million in 2024. The market is poised for significant growth, driving the market to reach an estimated valuation of US$110 Million by the end of the forecast period. Notably, the Stinging Nettle Root Extract in capsule form is expected to be the primary revenue-generating segment, projected to grow at an impressive CAGR from 2024 to 2031.

Key Factors Influencing Stinging Nettle Root Extract Market Expansion

"Stinging Nettle Root Extract - A Natural Remedy for Health"

The stinging nettle, native to Asia and Europe but now found worldwide, has been used for centuries as a medicinal plant. Its leaves and stems, covered with trichomes, release a chemical that, when in contact with the skin, provides a tingling sensation. This very chemical, however, acts as a pain reliever when applied to painful areas, making stinging nettle a valuable natural remedy. Stinging nettle is known for its potential to treat a range of conditions, including arthritis, anemia, gout, eczema, urinary tract infections, hay fever, and enlarged prostate.

"Benign Prostatic Hyperplasia (BPH) Driving Demand"

Benign prostatic hyperplasia, a common urological condition among older men, causes the enlargement of the prostate gland, potentially leading to urinary tract infections, kidney damage, or urinary blockage. In 2019, there were approximately 94 million cases of BPH globally, compared to 51.1 million cases in 2000, reflecting a staggering 70.5% increase. This rising incidence, particularly in middle and low-income countries, signifies the growing health concern posed by BPH. Stinging Nettle Root Extract, with its potential benefits in BPH management, is expected to witness increased demand as the aging population continues to grow.

"Shift Towards Herbal Tea and Organic Products"

Stinging nettle leaves are used to prepare herbal tea, known for its ability to regulate blood sugar and pressure, reduce premenstrual symptoms, increase fertility, and serve as an anti-aging solution. As consumers become increasingly health-conscious, there is a notable shift from unhealthy diets to nutritionally rich, organic, and herbal products. This shift is expected to drive demand for stinging nettle tea in the coming years.

Country-wise Analysis

United States Stinging Nettle Root Extract Market Analysis:

In the United States, the stinging nettle root extract market is on a growth trajectory, with expectations of substantial expansion in the coming decade. Stinging nettle, originally native to Europe and Asia, has found its place in various parts of the United States, particularly in regions such as the Pacific Northwest, California, and the Northeast. The U.S. market has been steadily growing, driven by the increasing recognition of stinging nettle's herbal and health benefits. This plant is commonly used in the U.S. for its potential anti-inflammatory, pain-relieving, and diuretic properties, often consumed as tea, tincture, or capsules. Given its valuable health and culinary applications, stinging nettle products have promising prospects in the U.S. market.

United Kingdom Stinging Nettle Root Extract Market Analysis:

The United Kingdom's stinging nettle root extract market is poised for growth. Essential oils derived from stinging nettle root extract are gaining prominence, particularly in the hair and skin care industry. Manufacturers in this sector are increasingly focusing on natural and herbal products due to growing consumer preferences for such options, especially in developed countries like the UK. The multifaceted health benefits of essential oils from nettle extract are expected to drive increased demand in the market.

China Stinging Nettle Root Extract Market Analysis:

China's stinging nettle root extract market holds promise, driven in part by the widespread consumption of tea. Tea is a staple in Chinese culture, with an annual global tea consumption of approximately 7 billion kilograms, and China producing over one-third of it. Chinese consumers often incorporate tea into their daily routines for medicinal purposes. Given China's sizable elderly population and its preference for tea, the market for stinging nettle tea has potential for growth.

Japan Stinging Nettle Root Extract Market Analysis:

Japan's stinging nettle root extract market is showing potential, especially considering the country's aging population, which accounts for a significant percentage of the total population. As benign prostatic hyperplasia is more prevalent among older individuals, Japan is likely to have a substantial number of individuals affected by this condition. If stinging nettle root extract supplements demonstrate efficacy in addressing this ailment, they may find demand in the Japanese market.

Competitive Analysis

Key players in the Stinging Nettle Root Extract market include

• Now Foods
• Aksuvital
• Xi'an Lyphar Biotech
• Alpspure Lifesciences Private Limited
• Bio-Botanica
• Charkit Chemical
• Powerline Health
• Zenith Nutrition
• Solaray.

Segmentation of the Global Stinging Nettle Root Extract Market:

By Form:

• Powder
• Capsule

By Application:

• Food & Beverages
• Pharmaceuticals Industry

By Sales Channel:

• Supermarkets/Hypermarket
• Medical Stores
• Specialty Stores
• Online Stores

By Region:

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa

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