According to a market report by Lucintel, the future of the Astragalusmembranaceus extract market in Japan looks promising with opportunities in the tier 1 financial institution, tier 2 financial institution, tier 3 financial institution, and tier 4 financial institution markets. The Astragalusmembranaceus extract market in Japan is expected to grow with a CAGR of 6.4% from 2025 to 2031. The major drivers for this market are the increasing consumer awareness about traditional Chinese medicine and herbal supplements, the rising adoption of astragalusmembranaceus extract for its potential health benefits, and the expansion of the nutraceutical and dietary supplements industry.A more than 150-page report to understand trends, opportunity and forecast in Astragalusmembranaceus extract market in Japan to 2031 by type (astragalus polysaccharide and astragaloside IV), and application (healthy food, pharmaceutical industry, feed additives, and others).
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Lucintel forecasts that, within the type category, astragalus polysaccharide is expected to witness higher growth over the forecast period.
Within the application category, healthy food is expected to witness the highest growth.
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Lucintel
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