The global horny goat weed extract market is likely to witness a sudden increase in its demand due to its various health benefits. Horny goat weed extract is derived from an herb namely horny goat weed, its leaves are used to make medicine, and the same has been used as a traditional remedy in China for the last many decades. It is mainly consumed for erectile dysfunction, low libido, fatigue, pain and several other conditions. Horny goat weed extract contains phytoestrogens; these chemicals act like estrogen, the female hormone and also helps to increase blood flow. The horny goat weed extract is also used as a medicine for memory loss, along with many other conditions like knees & joint pain, arthritis, mental and physical fatigue. The rise in the problem of fatigue and tiredness among people across the world is triggering the growth of horny goat weed extract market. The horny goat weed extract also helps to reduce bone loss in women post menopause.
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Many benefits served by Horny goat weed extract boosts market growth
The horny goat weed extract market can be segmented on form, sales channel and geographies. Based on the form, the horny goat weed extract market can be classified into softgels, capsules, liquids, tablets, powder & granules. On the basis of sales channel, the horny goat weed extract can be bifurcated into drug stores, health & beauty stores, modern trade channel, direct selling, third-party online channel and company online channel. Geographically, the horny goat weed extract market can be segmented into North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East and Africa.
Developed regions with health conscious consumers are expected to dominate horny goat weed extract market
The horny goat weed extract is obtained from a plant by the same name. Most of the species of the horny goat weed are cultivated in China, Japan, some other Asian regions and some species are native to North America. Around 10-12% of the population in the U.S. and UK suffer from ED, thus creating lucrative opportunities for horny goat weed extract manufacturers to poach in. The Europe region has almost 20% of the population above the age of 60 years, therefore creating the room for the demand for horny goat weed extract market.
Horny goat weed extract market is expected to grow as it acts as a tonic for kidney energy
Horny goat weed extract plays a vital and multifaceted role as it enhances kidney energy. Kidney energy corresponds to improved sexual function and fertility. Continuously growing consumer demand for natural and herbal supplements to improve erectile dysfunction, sexual arousal and desire has lead to the proliferation of horny goat weed extract market. Apart from many benefits served, the horny goat weed extracts have several side effects, which comprises stomach upsets, dry mouth and nose bleeding.
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Incorporation of horny goat weed extract into healthcare aiding the market
The horny goat weed extract has various applications in the healthcare sector, specifically for the widespread problems like high blood pressure, hardening of arteries, low libido, menopause symptoms, osteoporosis, brain injury, hay fever, and fatigue. Horny goat weed extract has a long history of use in traditional eastern medicine. With increasing supplements, the horny goat weed extract is expansive.
Consolidated horny goat weed extract market limits the entry of new players
The overall horny goat weed extract market is highly consolidated as small number of players dominate the global market. There are several companies, which are investing heavily in the horny goat weed extract market and its R&D setup. Some of the major players in the horny goat weed extract market are Now Foods, Zenith Nutrition, Simply Herbal, Dr. Trust, Novel Nutrients, Nature’s Bounty, Biotrex, Nature’s way and Nutriosys among many more.
The research report presents a comprehensive assessment of the Horny goat weed extract market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to Horny goat weed extract market segments such as form, sales channel and geographies.
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