According to our (Global Info Research) latest study, the global Astragalus Extract for Animal market size was valued at US$ 14.9 million in 2024 and is forecast to a readjusted size of USD 19.6 million by 2031 with a CAGR of 4.0% during review period.
Astragalus membranaceus refers to the dry root of Astragalus membranaceus (Fisch.)Bge.or Astragalus mongolica(Fisch.)Bge.var.mongholicus(Bge.)Hsiao. Astragaloside IV is known as one of the major functional components in Astragalus membranaceus.
In 2022, the global sales of Astragalus extract reached 18.59 million US dollars, and it is projected to reach 23.81 million US dollars by 2029, with a compound annual growth rate (CAGR) of 3.31% during the period of 2023-2029. On a regional level, the Chinese market has witnessed rapid changes in recent years, with a market size of 10.82 million US dollars in 2022, accounting for approximately 58.23% of the global market share. It is expected to reach 13.28 million US dollars by 2029, with the global share anticipated to reach 55.79%. Astragalus extract, as an essential ingredient in health products, pharmaceutical industries, and feed additives, has a promising development outlook. The concept of "medicine and food sharing the same origin" is deeply rooted in the Chinese health industry, with the various nutritional components of Astragalus having the effects of regulating bodily functions, treating diseases, and enhancing physical fitness, thus establishing a broad market base. The advancement of modern nutrition science and preventive medicine has facilitated the widespread adoption of Astragalus extract globally, making it a crucial ingredient in pharmaceuticals, health products, and feed additives.
This report is a detailed and comprehensive analysis for global Astragalus Extract for Animal market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Astragalus Extract for Animal market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/kg), 2020-2031
Global Astragalus Extract for Animal market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/kg), 2020-2031
Global Astragalus Extract for Animal market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/kg), 2020-2031
Global Astragalus Extract for Animal market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/kg), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Astragalus Extract for Animal
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Astragalus Extract for Animal market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Euromed SA, XI`AN GAOYUAN BIO-CHEM, World-way Biotech, Zhe Jiang Skyherb Biotechnology, Xinxiang Bokai Biological, Acetar Bio-Tech, Ningxian hengrui kang biological, Shaanxi Jiahe Phytochem, Xi'an Rainbow Biotech, CHANGSHA ORGANIC HERB, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Astragalus Extract for Animal market is split by Type and by Application. For the period 2020-2031, 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.
Market segment by Type
Astragalus Polysaccharide
Astragaloside IV
Market segment by Application
Food Animals
Pet
Major players covered
Euromed SA
XI`AN GAOYUAN BIO-CHEM
World-way Biotech
Zhe Jiang Skyherb Biotechnology
Xinxiang Bokai Biological
Acetar Bio-Tech
Ningxian hengrui kang biological
Shaanxi Jiahe Phytochem
Xi'an Rainbow Biotech
CHANGSHA ORGANIC HERB
Xi`an Green Spring Technology
Inner Mongolia Ever Brilliance Biotechnology
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Astragalus Extract for Animal product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Astragalus Extract for Animal, with price, sales quantity, revenue, and global market share of Astragalus Extract for Animal from 2020 to 2025.
Chapter 3, the Astragalus Extract for Animal competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Astragalus Extract for Animal breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Astragalus Extract for Animal market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Astragalus Extract for Animal.
Chapter 14 and 15, to describe Astragalus Extract for Animal sales channel, distributors, customers, research findings and conclusion.
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