Salvia Miltiorrhiza Extract Market Report and Forecast 2025-2034

The global salvia miltiorrhiza extract market is being aided by the growth of the plant extract market. The global plant extract market is expected to grow at a CAGR of 12.60% in the forecast period of 2025-2034 to reach a value of USD 139.82 Billion by 2034.

The Asia-Pacific to be One of the Leading Regional Markets for the Salvia Miltiorrhiza Extract Industry

The global market for salvia miltiorrhiza extract is being significantly supported by the growth of the industry within the Asia-Pacific region. The market growth within the Asia-Pacific region is being supported by the thriving consumer demand due to the increased use of the extract in traditional and herbal medicines and favourable geographic conditions for cultivation. The plant is indigenous to the countries within the region. Within the region, China represents one of the largest regional markets for the salvia miltiorrhiza extract industry. North America and Europe are also emerging as significant markets for the product, where the demand is rising due to the rising health awareness among consumers.

Salvia Miltiorrhiza Extract: Market Segmentation

Salvia miltiorrhizai is a popular Chinese herb, also recognised as danshen, red sage, and Chinese sage. The herb is native to China, growing on the hillsides and stream banks. Salvia miltiorrhiza extract is derived from the roots of the herb. The extract is used in the treatment of bronchitis, high cholesterol, and blood circulation disorders. Phenolic acids, terpenoids, ß-sitosterol, baicalin, ursolic acid, and daucosterol are the chemical compounds that are present in salvia miltiorhiza extract.

On the basis of nature, the market can be divided into the following:

• Organic
• Conventional

Based on form, the market can be segmented as follows:

• Liquid
• Powder

Salvia miltiorrhiza extract finds wide applications in the following sectors:

• Pharmaceuticals
• Herbal Supplements
• Cosmetics
• Others

Breakup by Region

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

Rising Pharmaceuticals Sector Bolstering the Market Growth of Salvia Miltiorrhiza Extract

The growth of the market is being driven by the rising pharmaceutical sector across the globe. Over the past few years, the global demand for botanicals has been growing rapidly, with the botanical medicinal products market witnessing a rapid growth. Thus, the rising acceptance of botanical medicines is aiding the growth of the salvia miltiorrhiza extract industry. In addition, the demand for natural ingredients, combined with salvia miltiorrhiza extract's medicinal properties, has been propelling the growth of the market, especially in the developed nations. In the coming years, the rising R&D activities in the plant extract and herbal medicine sectors are projected to catalyse the market growth.

Key Industry Players in the Global Salvia Miltiorrhiza Extract Market

The report gives a detailed analysis of the following key players in the global salvia miltiorrhiza extract market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Xian Yuensun Biological Technology Co.,Ltd
• Organicway
• Wincobel Chemical Co.,Ltd.
• Hawaii Pharm LLC
• Others

The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.