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Petasites Japonicus is an herbaceous perennial plant which is also known as Japanese sweet coltsfoot and Japanese butterbur. Petasites Japonicus belongs to asteraceae family, primarily found in Japan, China, Korea and Europe. Petasites Japonicus was introduced to Western Europe by Japanese immigrants. The stalk of petasites japonicus is known as “fuki”, which is a rich source of potassium, manganese, copper, calcium, and vitamin. Now a day’s petasites japonicus extract has be used for the prevention of migraine and the treatment of allergic rhinitis. Petasites japonicus extract has anti- inflammable properties which instantly reduces inflammation caused by arthritis or immune response.  

Market Segmentation:

Petasites Japonicus extract market is segmented on the basis of type, end-user, application, and region. On the basis of type the market is segmented into petasites japonicus leaf extract and petasites japonicus root extract. The demand for petasites japonicus extract is increasing as it offers many anti-oxidant properties as well as is a rich source of flavonoid. On the basis of end-user the market is segmented into industrial and retail. The retail segment is further sub-segmented into supermarkets/hypermarkets, convenience stores and online stores. It is expected that online store will hold a relatively higher share in the petasites japonicus extract market compared to other distribution channels. On the basis of application the petasites japonicus extract market is segmented into cosmetic industry, and pharmaceutical industry. Pharmaceutical industry is expected to hold the major market share in the forecast period.

Market Regional Outlook:

Regional segment for the market of petasites japonicus extract is divided into five different regions: North America, APAC, Europe, Latin America and MEA. Among these regions Asia Pacific is expected to be the major contributor of petasites japonicus extract market globally and is expected to dominant the market in the forecaster period. In Asia Pacific region countries such as China and Japan holds the key market for petasites japonicus extract. In Europe region countries such as Italy and Spain holds the key market for petasites japonicus extract. In terms of revenue Europe is expected to be the second leading contributor of the petasites japonicus extract market in the forecast period.

Market Drivers:

Petasites Japonicus extract has been popular from ancient times and increasing awareness among the consumers about the health benefits associated with petasites japonicus extract is expected to drive the market in the near future. Petasites japonicus extract offers various health benefits such as it enables to reduce pain and swelling (inflammation), helps in the treatment of wounds, enables to reduce common cold, as petasites is an antihistamine element, therefore it helps to prevent allergic reactions, helps to reduce headaches and reduce fever and also helps to control the blood sugar level of the body which is expected to bolster the growth of the petasites japonicus extract market. The demand for anti-aging cream is further expected to boost the petasites japonicus as antioxidants present in the root extract helps in preventing free radical damage of the body. Petasites japonicus extract is also known to cure dehydration, potassium and magnesium deficiency along with calcium deficiency in pregnant women.  Furthermore, it contains flavonoid which keeps the level of bad cholesterol low, these factors are also expected to drive the Petasites Japonicus extract market during the forecast period.

Market Key Players:

Some of the key players in petasites japonicus market are Swanson, Planetary Herbals, Solaray, Life Extension, Vitacost, Hawaii Pharm LLC, Piping Rock Health Products, Linpharma, Inc and Source Naturals among others.

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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Petasites Japonicus Extract Market