The global white willow bark extract market is anticipated to grow at a significant CAGR during the forecast period. The bark of white willow has already traditionally been used in the regions of Asia and Europe as the medication for pain such as lower back as well as in joint pain of osteoarthritis. Thus, market growth is primarily attributed to the increasing population base suffering from the back pain and joint pain ailments. The risk factors for such ailments further rises with the growing aging population coupled. According to the US Census Bureau estimates released in June 2020, the number of the US residents aged 65 or over increased from 35 million in 2000 to an estimated 73 million in 2020, and the median age for the US is also projected to continue to increase. Such projections suggest the promising growth of the global white willow bark extract market.
The white willow bark extract serves as a traditional substitute for pain relief medication and other derivative uses including the relief from menstrual cramps. Thus, it is also used as an anti-inflammatory agent, which further drives its market growth all over the globe. Its pain reliever property is majorly owing to the chemical constituent named salicin that is considered to be identical to the structure of aspirin which, as a result, provides sufficient relief in pain. The popularity of white willow extract is not only limited to the use in pain management, however, also the presence of flavonoids and polyphenols that contains antioxidant, antiseptic, fever-reducing and immune-strengthening properties.
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Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
Segment Covered-
- By Form
- By Application
- By End-User
Regions covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape: Jiaherb, Inc., Foodchem International Corp., and Naturalin BioTech Co., Ltd., among others.
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White Willow Bark Extract Market Report by Segment
By Form
- Capsules
- Tablets
- Powder
- Liquid
By Application
- Arthritis
- Low Back Pain
- Others
By End-User
- Cosmetics
- Food and Beverage
- Pharmaceuticals
- Personal Care
- Dietary Supplements
- Others
White Willow Bark Extract Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East & Africa
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