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The ‘Global White Willow Bark Extract Market Share, Size, Price, Trends, Report and Forecast 2022-2027’ by Expert Market Research gives an extensive outlook of the global white willow bark extract market, assessing the market on the basis of its segments like forms, end uses, and major regions.

The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

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White Willow Bark Extract Market Size, Share, Trends, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2017-2027)

• Historical Market Size: USD 41 Billion (Global Pain Management Drugs Market)
• Forecast CAGR (2022-2027): 4.0% (Global Pain Management Drugs Market)

The increasing application of white willow bark extract in the pharmaceutical industry to develop pain and inflammation reduce medicines and provide comfort to patients suffering from rheumatoid arthritis is driving the market growth. In addition, the growing collaboration between pharmaceutical and biotechnological firms to improve medications for chronic diseases is further propelling the demand for white willow bark extract.

The increasing demand for white willow bark extract from the personal care industry is a major driving factor in the white willow bark extract market. Downstream cosmetic products of white willow bark extracts invigorate the smoothness of skin, soothe skin irritation, reduce wrinkle visibility, and help consumers achieve the desired complexion of the face. In this regard, the increasing geriatric population, along with the increasing demand for anti-ageing skincare products, are likely to bolster the demand for white willow bark extract in the forecast period.

The anticipated increase in demand for white willow bark extract-based dietary supplements among working-class women to deal with menstrual cramps and other lifestyle-related issues is likely to propel the white willow bark extract market growth.

In terms of region, the Asia Pacific accounts for a significant share in the market owing to the heightened use of white willow bark extract for medical remedies. The thriving pharmaceutical and personal care industry, among others, in the region is further propelling the demand for white willow bark extract. Moreover, the growing population across emerging economies such as India and China is likely to augment the demand for pharmaceutical and dietary supplement products, thereby fuelling the market for white willow bark extract.

Moreover, Europe and North America are anticipated to attain considerable growth in the white willow bark extract market owing to the rising presence of major personal care manufacturers.

White Willow Bark Extract Industry Definition and Major Segments

White willow bark extract is defined as an extract that is obtained from various willow trees, such as Salix Alba. White willow bark contains Salicin, a component which exhibits medicinal properties close to aspirin. It also contains properties which bolster the body’s immune system, while reducing inflammation and pain.

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Based on form, the market can be segmented into:

• Powder
• Liquid

The market can be broadly categorised based on end use into:

• Food and Beverage
• Cosmetics
• Personal Care
• Pharmaceuticals
• Dietary Supplements
• Others

On the basis of region, the market can be divided into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

White Willow Bark Extract Market Trends

The key trends in the global white willow bark extract market include the growing cases of chronic diseases such as cancer, spinal injury, and osteoarthritis, among others. The heightening research and development activities by major pharmaceutical and biotech companies to examine the effectiveness of white willow bark extract as pain relief remedy are expected to aid the market. In addition, the increasing prevalence of musculoskeletal diseases and ankylosing spondylitis among geriatrics is anticipated to boost the sale of white willow bark extract-based medicines.

The increasing demand for dietary pills and tablets to achieve dietary balance in order to prevent lifestyle-related disorders is likely to spearhead the incorporation of white willow bark extract in the dietary supplements industry.

Meanwhile, the white willow bark extract market is anticipated to be invigorated by aggressive branding and promotion by key players in the personal care and cosmetics segment, coupled with the rising standards of living. In addition, the progressive product innovations in the personal care and cosmetic industry are expected to provide impetus to the market in the coming years.

The thriving e-commerce industry is likely to be a crucial trend in the market. Online pharmaceutical delivery platforms are gaining traction across developing urban areas, which is accelerating the demand for medical products derived from white willow bark extracts.

Key Market Players

The major players in the white willow bark extract market report are:

• The Green Labs LLC.
• Foodchem International Corporation
• Augustus Oils Ltd
• Naturalin BioTech Co.,Ltd
• Herbo Nutra
• Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.