Press release
Global Agrimony Market Analysis Uncovering Opportunities for Investors and Businesses 2030 | Emorsgate Seeds, Falcon Russia, Carrubba
During the projected period, it is expected that the Agrimony market will grow at a CAGR of 5.20%. Forecasts indicate that the market will increase in value from US$ 321.7 million in 2023 to US$ 534.0 million by 2033. A perennial herbaceous flowering plant belonging to the Rosaceae family with a genus of 12-15 members is commonly referred to as a herbal cure. It is native to temperate sections of the world but is also frequently grown in tropical regions of Africa. The agrimony spike of this plant frequently has yellow blooms with transverse arm waves. The fruit of the agrimony, known as a cocklebur, has hooked bristles and serves as another distinguishing feature. From May to the beginning of September, grab these at the bottom or tip of the leaves and blossoms.
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The Key companies profiled in the Agrimony Market:
The study examines the Agrimony Market's competitive landscape and includes data on Emorsgate Seeds, Falcon Russia, Carrubba, Herbs In A Bottle, MOUNTAIN ROSE HERBS, Organic Herb, RJWhelan, GreenHerb Biological Technology, Woodland Herbs, Panacea Health & Others.
Global Agrimony Market Split by Product Type and Applications
This report segments the Agrimony Market on the basis of Types:
Powder
Dry Leaves
On the basis of Application, the Agrimony Market is segmented into:
Pharmaceutical Industry
Food and Beverage Industry
Others
One of the most well-liked herbs on the market today is agrimony, a medicinal herb with a long history of usage in traditional medicine across the globe. It is frequently used as an anti-inflammatory, sedative, and appetite suppressant. The worldwide pharmaceutical industry has been a major factor in the explosive growth of the Agrimony market during the past year. Agrimony producers have a reliable customer base in the drug business, which also contributes to the continued high level of demand. Because of this, agrimony growers have been able to boost production and enter new markets.
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In order to increase their separate consumer bases, a number of major market participants in the worldwide agrimony market sector are now concentrating more on forming successful joint ventures, acquisitions, and/or collaborations. By being able to serve their assigned target bases both domestically and abroad, companies stand to increase them. Over the course of the forecast period, it is predicted that this factor, together with promising developments in developing countries from the Asia-Pacific region, including India, China, Taiwan, Indonesia, etc., would greatly increase the commercial opportunities for interested parties.
Key Features Included in the Offering and Highlights of the Agrimony Market Reports:
• Medicinal Applications: Agrimony has been traditionally used in herbal medicine for various health benefits. It is believed to have anti-inflammatory, antimicrobial, and antioxidant properties, and it is commonly used to treat digestive issues, sore throat, and skin conditions. The demand for natural and herbal remedies has contributed to the growth of the agrimony market.
• Pharmaceutical Industry: Agrimony is sought after by the pharmaceutical industry for its potential therapeutic applications. Extracts and compounds from agrimony are studied for their potential use in developing new drugs or supplementing existing medications.
• Herbal Supplements: The growing interest in natural and herbal supplements has boosted the demand for agrimony-based products. Agrimony is often found in herbal teas, tinctures, capsules, and powders, catering to health-conscious consumers seeking alternative remedies.
• Cosmetic and Skincare Products: Due to its antioxidant and anti-inflammatory properties, agrimony is also used in cosmetic and skincare products. It can be found in creams, lotions, and serums, promising various skin benefits.
• Culinary Uses: In some cultures, agrimony is used in culinary applications, adding a mild, bitter flavor to certain dishes. As the culinary herb market expands, agrimony's popularity in this segment may grow.
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Market Segmentation:
Agrimony market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
The agrimony market research methodology is a systematic technique to collect and analyze data in order to acquire insights into various agrimony market components. The methodology seeks to deliver precise and trustworthy data that may be utilized for forecasting, understanding market patterns, and making decisions. Understanding market size, demand and supply dynamics, key players, growth drivers, challenges, and possible opportunities in the agrimony industry are some examples of the research objectives that may be clearly defined in the first step.
Major Point of Table of Contents:
Chapter 1 Agrimony Market Overview
Chapter 2 Company Profiles
Chapter 3 Agrimony Market Competition, by Players
Chapter 4 Agrimony Market Size Segment by Type
Chapter 5 Agrimony Market Size Segment by Application
Chapter 6 North America by Country, by Type, and by Application
Chapter 7 Europe by Country, by Type, and by Application
Chapter 8 Asia-Pacific by Region, by Type, and by Application
Chapter 9 South America by Country, by Type, and by Application
Chapter 10 Middle East & Africa by Country, by Type, and by Application
Chapter 11 Research Findings and Conclusion
Chapter 12 Appendix...
Global Agrimony Market Research FAQs
• How this industry expected to grow by 2030?
• Which key trends are driving the demand for this market?
• Which segment of this market accounted for largest share in 2023?
• Who are the prominent manufacturers in this market?
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Agrimony is a genus of 12–15 species of perennial herbaceous flowering plants in the family Rosaceae. Commonly it is known to be a domestic medicinal herb, which is native to the temperate regions of the Northern Hemisphere, with one species also in Africa. The agrimony herb has spikes which bear rows of tiny yellow flowers, known as church steeples. The agrimony is also characterized by having fruits that are marked…
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Agrimony is a genus of 12–15 species of perennial herbaceous flowering plants in the family Rosaceae. Commonly it is known to be a domestic medicinal herb, which is native to the temperate regions of the Northern Hemisphere, with one species also in Africa. The agrimony herb has spikes which bear rows of tiny yellow flowers, known as church steeples. The agrimony is also characterized by having fruits that…
