According to our (Global Info Research) latest study, the global Astragalus Supplements market size was valued at US$ 944 million in 2024 and is forecast to a readjusted size of USD 1569 million by 2031 with a CAGR of 7.6% during review period.
Astragalus is a herb that’s been used in traditional Chinese medicine for millennia. There are thousands of species of the plant, but only two are still commonly used today – Astragalus membranaceus and Astragalus mongholicus.
Astragalus is also known as milkvetch or huáng qí. Several cultures have used it traditionally, believing it to promote long life, fight fatigue, reduce allergies and more.
Nowadays, astragalus is still commonly used in supplement form. The root of the plant is powdered and included in various supplements.
Surging stress from modern lifestyles has further increased the demand for organic and premium products, driving the growth of the market. Rising demand for healthy food and beverages coupled with rising demand from emerging economies is also driving the growth of the market over the forecast period.
This report is a detailed and comprehensive analysis for global Astragalus Supplements 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 Supplements market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Astragalus Supplements market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Astragalus Supplements market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Astragalus Supplements market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 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 Supplements
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 Supplements 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 Clasado, Megmilk Snow Brand Co.,Ltd, FrieslandCampina, Yakult Honsha Co., Ltd, Nissin Sugar Co., Ltd, Ingredion, First Milk Limited, Kerry Group, Kowa Europe GmbH, VITALUS NUTRITION INC, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Astragalus Supplements 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
Slice
Capsule
Market segment by Application
Food and Beverage
Dietary Supplements
Major players covered
Clasado
Megmilk Snow Brand Co.,Ltd
FrieslandCampina
Yakult Honsha Co., Ltd
Nissin Sugar Co., Ltd
Ingredion
First Milk Limited
Kerry Group
Kowa Europe GmbH
VITALUS NUTRITION INC
Lactose
SAMYANG OPTICS
Nature's Way
Oregon’s Wild Harvest
Gaia Herbs
Bluebonnet Nutrition Corporation
Pure Mountain Botanicals
Paradise Herbs
Real Herbs Limited
Nature’s Plus
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 Supplements product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Astragalus Supplements, with price, sales quantity, revenue, and global market share of Astragalus Supplements from 2020 to 2025.
Chapter 3, the Astragalus Supplements competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Astragalus Supplements 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 Supplements 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 Supplements.
Chapter 14 and 15, to describe Astragalus Supplements sales channel, distributors, customers, research findings and conclusion.
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