Global Sage Extract Market: Outlook
Sage is a perennial shrub native to the Mediterranean region. It is used as a culinary ingredient as well as a medicinal herb. Sage is also known as Salvia Officinalis. Sage extract has numerous applications in food and cosmetic industries. It is used as a condiment in various dishes. Due to anti-bactericidal, anti-inflammatory, and astringent effects, sage extract is used in various cosmetic products. Sage is rich in vitamin A and antioxidants, helps to protect skin, and fights signs of aging. Sage is also recommended by dermatologists to promote strong and healthy hair as well as scalp. Sage extract not only prevents cold, but also eases a sore throat. It also enhances memory and brain functionality naturally. Due to a number of applications in different sectors including food, health, and cosmetics, the demand for sage extract is expected to remain positive in the global market among the producers as well as consumers.
Massive Applications of Sage Extract in Healthcare
Sage extract is a product extracted from sage leaves. Sage extract is mostly used as a condiment, but is also effective in curing various health-related problems such as Alzheimer's, mental performance, cold sores, menopausal symptoms, and high cholesterol. Sage extract is effective in the treatment of diabetes and cancer. Due to the above health benefits, the sage extract market is anticipated to grow in the forecast period.
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Global Sage Extract Market: Segmentation
On the basis of source, the global sage extract market has been segmented as-
- Organic
- Conventional
On the basis of properties, the global sage extract market has been segmented as-
- Anti-inflammatory
- Anti-bactericidal
- Astringent Effect
On the basis of end use, the global sage extract market has been segmented as-
- Food Processing
- Bakeries
- Sauce and Pickles
- Flavour & Fragrance
- Cosmetics
- Pharmaceuticals
- Households
On the basis of the distribution channel, the global sage extract market has been segmented as-
- B2B
- B2C
- Hypermarket/Supermarket
- Herbal Care Store
- Online Retailing
Global Sage Extract Market: Key Players
Some of the major manufacturers and suppliers of sage extract include Nature's Answer, Inc., PureNature, Herbo Nutra, Herbarium Scala Dei, The Nature's Bounty Co., Tianben Bio-Engineering Co. Ltd, Swanson Health Products, Inc., and McCormick & Company, Inc. Other manufacturers and industrialists are also showing an interest in sage extract which would be escalating the demand among consumers during the forecast period.
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Global Sage Extract Market: Opportunities for Participants
Globally, the growing consumer awareness towards safe treatment using herbal remedies is expected to boost the sage extract market in the future. The demand for sage extract would rise in the future due to the various health benefits it provides. Sage extract it is used to prevent cold, enhance memory, and ease throat sore. Sage extract is also used in tea to treat digestive and circulation disturbances, angina, asthma, and mouth and throat inflammation. Sage extract also has numerous applications in food and cosmetic industries. Growing applications of sage extract in cosmetics are increasing the demand for sage extract globally. Due to enhancing distribution channels and infrastructure supply chains, it is anticipated that there would be a huge benefit for the investors in the sage extract market during the forecast period.
- The increment in the number of diabetes and cancer patients is also expected to enhance the sage extract market as sage extract is effective for the treatment of diabetes and cancer.
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Global Sage Extract Market: A Regional Outlook
Sage is perennial shrub native to Mediterranean region but also cultivated in the various region such as Europe. In ancient Greece and Rome, sage was considered as a basic remedy to heal various problems. Sage was used by ancient Egyptians to treat abdominal diseases, asthma, and toothache. Globally, among all regions, sage extract is highly consumed in Europe, Africa, and Asia. In India and nearby countries, sage extract is used as a food additive and herbal remedy. The demand for sage extract would be high in these regions due to the consumer preference for natural remedies.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
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