Market Outlook

Black Cohosh Root is a creeping rootstalk with medicinal uses. Black Cohosh Root medicinal usage was initially started by Native American Indians who later introduced Black Cohosh Root to Europe. During the mid-1950s, Black Cohosh Root gained popularity in particular with women’s health-related treatment. The Black Cohosh plant as such grows in shady forests. The commercially available forms of Black Cohosh Root include standardized extract in tablet form, dried root, and tincture.

Rise in consumer awareness about the health benefits of Black Cohosh Root has encouraged its higher sales across various parts of the world. Initially, the Black Cohosh Root has been used for menopause-related treatment, pregnancy, menstruation, and acne. Additionally, Black Cohosh Root is used for anxiety, fever, sore throat, rheumatism, and cough. Black Cohosh Root demand has increased explicitly for skin care as it helps in acne control and removal of warts.

Reasons for Covering this Title

The global sales of Black Cohosh Root have witnessed triple-digit percent growth during the period 1998-1999. Black Cohosh Root has considered as one of the medicinal herbs in very much demand. Among the various medicinal herbs commercially available, Species as that of similar to black cohosh in appearance are used to augment higher volumes of black cohosh in major black cohosh growing regions.

The market dynamics of Black Cohosh Root is complex which has been covered in detailed with critical success factors. In supply scenario, emerging technologies including harvesting and extraction methods are studied indicating the most profitable strategies for the Black Cohosh Root manufacturers and suppliers.

Global Black Cohosh Root: Market Segmentation

On the basis of Source, the global Black Cohosh Root market has been segmented as –

  • Wild sources
  • Cultivated Sources

On the basis of Form, the global Black Cohosh Root market has been segmented as –

  • Herbal Powder
  • Tablets
  • Capsules and Tablets
  • Liquid

On the basis of Nature, the global Black Cohosh Root market has been segmented as –

  • Organic
  • Conventional

On the basis of End-Use, the global Black Cohosh Root market has been segmented as –

  • Dietary Supplements
  • Menopause
  • Pregnancy
  • Pharmaceuticals
  • Others

Among various end-uses of Black Cohosh Root, dietary supplements will continue to sustain higher share specifically under the women’s health segment including for managing symptoms of menopause.

According to several research studies, it was noted that black cohosh had an estrogen-like effect (Eagon and others 1997, 1999). Jarry and Harnischfeger (1985), Jarry and others (1985), and Düker and others (1991) found that black cohosh reduced surges in the secretion of luteinizing hormone (LH) associated with hot flashes and sweating. With rising women health concerns in particular related to menopause the symptoms including hot flashes and tiredness, there has been increased demand for black cohosh root supplements. North America dominates the Black Cohosh Root market as the most preferred variety of wild population of Black Cohosh is mostly found in the southeastern United States.

Global Black Cohosh Root Market: Key Players

Some of the key players operating in the global Black Cohosh Root market are Planetary Herbals, Avena Botanicals, Oregon's Wild Harvest, Walgreens, NOW Foods, Windmill Vitamins, Nature's Way, Sigma-Aldrich, and others.

Opportunities for Market Participants

Black Cohosh Root ranks third due to its multiconstituent property. Robust growth is projected for Black Cohosh Root market as there has been an increase in demand for its extract due to its multifunctional properties. There have been ongoing efforts to improve harvest from the cultivated populations of Black Cohosh. The emerging trend is growing consumer demand for wild-simulated black cohosh for sustained supply to meet the needs of the end-use industries. In addition to the limited availability of a wild variety of Black Cohosh, there has been higher traction for organic Black Cohosh Root. Limited supply and robust demand of organic Black Cohosh has resulted in nearly doubling prices of organic Black Cohosh Root.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

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

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Black Cohosh Root Market

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