Salvia Extract Market

The China Salvia Extract market size was valued at US$ 187.5 million in 2024 and is projected to reach US$ 256.3 million by 2030, at a CAGR of 5.3% during the forecast period 2024-2030.

Salvia Extract is derived from Salvia miltiorrhiza (red sage), a traditional Chinese medicinal herb known for its cardiovascular benefits, antioxidant properties, and potential applications in treating various health conditions.

China's Salvia Extract market is growing steadily, driven by increasing demand for traditional Chinese medicine (TCM) and natural health products. In 2023, China produced approximately 8,500 metric tons of salvia extract, with 65% consumed domestically and 35% exported. The pharmaceutical sector remains the largest consumer, accounting for 55% of demand, followed by nutraceuticals at 30% and cosmetics at 15%. The market benefited from growing recognition of TCM globally, which led to a 20% increase in salvia extract exports in 2023. Technological advancements have focused on improving extraction efficiency and standardization, with new processes achieving 30% higher bioactive compound yields compared to 2020 methods. The market is seeing strong growth in water-soluble salvia extracts, increasing at 12% annually, driven by demands for easy-to-formulate ingredients in functional beverages. In 2023, new regulations on herbal medicine quality led to a 25% increase in the adoption of HPLC-standardized salvia extracts. The industry faces challenges from wild resource depletion, but investments in large-scale salvia cultivation are ensuring sustainable supply. Emerging applications in anti-aging skincare products are showing promise, with salvia-based cosmeceuticals growing at 18% CAGR, albeit from a small base of 4% market share. Looking ahead, the market is expected to benefit from ongoing research into salvia's neuroprotective properties, with extracts for cognitive health supplements projected to grow at 15% CAGR through 2030.

Salvia Extract Market contains market size and forecasts of Salvia Extract in China, including the following market information:

•    China Salvia Extract Market Revenue, 2019-2024, 2024-2030, ($ millions)

•    China Salvia Extract Market Sales, 2019-2024, 2024-2030,

•    China Top five Salvia Extract companies in 2023 (%)

Report Includes

Salvia Extract Market presents an overview of China market for Salvia Extract , sales, revenue and price. Analyses of the China market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

Salvia Extract Market focuses on the Salvia Extract sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the China Salvia Extract market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

Salvia Extract Market will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

Salvia Extract Market analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    Organic Extract

•    Conventional Extract

Segment by Applications

•    Pharmaceutical

•    Food and Beverages

•    Others

Key Companies covered in Salvia Extract Market :

•    Xi'an Lyphar Biotech Co., Ltd.

•    Shaanxi Jintai Biological Engineering Co., Ltd.

•    Xi