The worldwide dodder seed market is assessed to be esteemed at US$9.2 billion out of 2032 and will develop at a CAGR of 11.5% during the conjecture time frame 2022-2032. The rising interest in dodder seed ought to animate the market in the drug business. As per the review, the market is supposed to reach $4.8 billion by 2022.
Dodder seed otherwise called Tu Si Zi or Cuscuta seed broadly is a round, praise, or obovate product of a plant, dodder plant. Dodder seed is yellowish or blood red in variety and is generally utilized in-ground structures. Dodder plant is considered to have begun in East Asia and is generally filled in China. The concentrate of the dodder seed is noticeably utilized in Chinese homegrown medication. There are different types of dodder seed plants that can be recognized based on the dodder seed size and variety.
Dodder Seed Market: Territorial Examination
As of now, the worldwide dodder seed market is significantly involved by the Asian market, attributable to the well-established conventional market and presence of the central participants. North American and European market is supposed to record the most noteworthy CAGR over the figure period. The expanded reception of natural medications and plant-based materials is supposed to drive interest in these districts.
Expanding Utilization of Plant-determined Materials and Natural Medication is driving the Deals of the Dodder Seed and Dodder Seed Concentrate in the Worldwide Market
The worldwide dodder seed market is significantly determined by the utilization of Chinese and Japanese homegrown medication. Collected dodder seed is made into fine powder and is utilized to make tablets and cases. The customary purposes of dodder seed are to treat osteoporosis, osteoarthritis, and general solid agony. Likewise, in Ayurveda dodder seed is endorsed to treat jaundice, where it goes about as a gentle diuretic and pain relieving. Furthermore, dodder seed is utilized in sustaining liver and kidney capabilities, eye distresses, barrenness medicines, looseness of the bowels because of feeble stomach-related capacities, and letting side effects free from vitiligo.
With the rising prominence of plant-based materials and expanding mindfulness about the advantages of Chinese homegrown medications, dodder seed utilization on the planet is expanding. Many central members in the Chinese and Japanese conventional prescriptions are making endeavors to present these medications in the Western market. Also, with expanding use in the examination and improvements, dodder seeds are getting recognized in the western medication culture
Dodder Seed Market: Key Members
A portion of the market members in the dodder seed market are:
- Nutra Green Biotechnology Co., Ltd.
- Novoherb Advancements
- Jiaherb, Inc.
- Linden Botanicals
- Xi’an Realin Biotechnology Co., Ltd.
- Yan’an Drugs Co., Ltd.
- My Spice
- Hangzhou Natural Innovation Co., Ltd.
- Parchem Fine and Specialty Synthetic compounds
- Evergreen Biotech Inc.
