Key Questions Answered in Report
How will the global compound houttuynia market expand across the 2021-2031 forecast period?
According to Fact.MR, demand for compound houttuynia products is expected to incline significantly, registering a CAGR exceeding 10% across the 2021-2031 forecast period.
Which is expected to be the most promising market for compound houttuynia?
China is anticipated to remain the epicenter for compound houttuynia products, given its extensive application across Traditional Chinese Medicine (TCM). The market here is expected to expand at approximately 7% CAGR across the assessment period.
Which compound houttuynia product type is expected to emerge the strongest through 2031?
Fact.MR anticipates demand for compound houttuynia capsules to surge at a CAGR of around 10% across the 2021-2031 assessment period.
Report Also Addresses:
- Market Estimates and Forecasts (2016-2031)
- Key Drivers and Restraints Shaping Market Growth
- Segment-wise, Country-wise, and Region-wise Analysis
- Competition Mapping and Benchmarking
- Brand Share and Market Share Analysis
- Key Product Innovations and Regulatory Climate
- COVID-19 Impact on Compound Houttuynia and How to Navigate
- Recommendation on Key Winning Strategies
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Compound Houttuynia Sales from 2016 to 2020 Vs Future Market Outlook for 2021 to 2031
As the global healthcare fraternity increasingly shifts towards natural medicine, demand for plant-based products is rising, a key catalyst for compound houttuynia market growth, registering nearly 10% CAGR from 2016 to 2020.
Prospects appeared highly promising during the COVID-19 pandemic, with several studies pointing towards the highly potent anti-inflammatory properties possessed by the houttuynia genus, which could provide much needed relief to patients afflicted by SARS-CoV-2. From 2021 to 2031, demand is slated to witness a sharp incline, expanding at over 10% CAGR to reach a multi-million dollar valuation.
How are Rising Gastric Cancer Instances Paving Way for Compound Houttuynia Adoption?
Gastric cancer is one of the most common malignant tumors in the world, the prevention of which is advocated by virtue of strict diet control. Houttuynia cordata is thus considered an effective remedy in this regard, especially through its heat treatment properties.
Heat treatment through the consumption of houttuynia cordata is being explored, which can inhibit SCG-7901 cells, the primary cell line responsible for inducing gastric cancer. In addition, the plant is also effective in treating colorectal and leukemic cancer. Hence, uptake of compound houttuynia shall increase in forthcoming years.
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Why are Compound Houttuynia Products Considered Effective Anti-inflammatory Agents?
Houttuynia cordata Thunberg (HCT) is a perennial herbaceous plant which grows in the wild, moist and shady locations in Asian countries, including India, China and Japan. It possesses anti-bacterial, antiviral, immunostimulant and other anti-inflammatory effects.
In recent years, its anti-inflammatory effects have been deeply studied and have indicated that HCT is clinically applicable in the treatment of inflammatory diseases. The anti-inflammatory mechanism of HCT is closely associated with inflammatory cells, particularly those that secrete cytokines.
These plants are anticipated to prove highly effective in treating conditions such as hand, foot and mouth disease (HFMD), SARS, herpes simplex virus (HSV), pseudorabies herpesvirus (PhV), dengue virus and lots of other ailments. Hence, its scope as an anti-inflammatory remedy is bound to increase in the future.
Why is China Considered the Global Compound Houttuynia Hotspot?
China is expected to remain the epicenter of the global compound houttuynia demand in forthcoming years, likely to register a CAGR of approximately 7% until 2031. Extensive applications in Traditional Chinese Medicine (TCM) is likely to bolster said growth.
Houttuynia cor data was used in TCM in an attempt to treat the severe acute respiratory syndrome (SARS) and various other disorders. Although current studies are inconclusive about its potential benefits, future prospects appear bright amid ongoing clinical trials and experiments.
Will India Generate Promising Growth Opportunities for Compound Houttuynia in the Future?
Ever-growing burden of respiratory diseases are expected to open up new growth frontiers across India, which is likely to account for 30% of the revenue share through 2031. Several healthcare providers are investigating alternative medicine to address this burden.
According to a LANCET study, chronic obstructive pulmonary disease (COPD) and asthma were responsible for 95% of chronic respiratory disability adjusted life years (DALYs) in India as of 2016. COPD prevalence rate more than doubled to reach 55 million compared to 1990. Hence, extensive research to develop potential cures will likely heighten growth prospects.
How is the U.S Expected to Emerge as a Potential Market for Compound Houttuynia?
The U.S is anticipated to generate substantial demand for compound houttuynia products, registering a CAGR of around 5% across the 2021-2031 forecast period. Growing importance of complementary and alternative medicine is likely to fuel expansion prospects.
According to a government survey, 36% of U.S adults ages 18 years and older prefer some form of complementary and alternative medicine. As per this practice, natural products usage such as herbs account for 19% of total usage amid growing concerns over conventional medicine, especially regarding potential side effects of allopathic medicines.
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Why are Compound Houttuynia Capsules Surging in Demand?
By type, compound houttuynia capsules are expected to incline substantially, expanding at an impressive 10% CAGR until 2031. These capsules are expected to surge in demand due to their anti-inflammatory properties.
Compound houttuynia capsules are purported to be highly effective against common viral illnesses such as hand, foot and mouth disease (HFMD) as well as SARS and herpes.
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The compound houttuynia landscape appears to be highly consolidated, characterized by the presence of a majority of Chinese manufacturers. Offering new products remains the primary strategy of the market players.
*This list is indicative- full details about prominent compound houttuynia manufacturers is available upon request
Historical Data Available for
US$ Mn for Value & ‘000 Units for Volume
Key Regions Covered
Key Countries Covered
Key Segments Covered
Key Companies Profiled
Available upon Request
Key Market Segments Covered
- Compound Houttuynia Tablets
- Compound Houttuynia Mixture
- Compound Houttuynia Capsules
- Other Types
- Compound Houttuynia Sales via Hospital Pharmacies
- Compound Houttuynia Sales via Retail Pharmacies
- Compound Houttuynia Sales via Online Pharmacies
- North America
- Latin America
- Rest of Latin America
- Rest of Europe
- East Asia
- South Korea
- South Asia
- Rest of South Asia
- Rest of Oceania
- Middle East & Africa
- South Africa
- Rest of MEA
- North America
Compound Houttuynia Market - Scope of Report
A recent study by Fact.MR on the compound houttuynia market offers a 10-year forecast for 2021 to 2031. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with offering compound houttuynia products.
The study also provides the dynamics responsible for influencing the future status of the market over the forecast period. A detailed assessment of value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report.
A list of prominent companies manufacturing compound houttuynia products, along with their product portfolios, enhances the reliability of this comprehensive research study.
The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of compound houttuynia products across the globe.
A comprehensive estimate on the market has been provided through an optimistic as well as a conservative scenario, taking into account the sales of compound houttuynia products during the forecast period. Price point comparison by region with global average price is also considered in the study.
Key Questions Answered in Report
- Which are the most lucrative markets for compound houttuynia?
- Which factors will impact the growth of the market?
- How will changing trends impact the strategies of market players?
- How can market players capture the low-hanging opportunities across regions?
- Which companies are leading the compound houttuynia industry?
- What are the winning strategies of stakeholders in the market?
Analysis on Market Size Evaluation
The market has been analyzed for each segment in terms of volume (‘000 Units) and value (US$ Mn).
Market estimates at global and regional levels for compound houttuynia are available in terms of “US$ Mn” for value and in “000 Units” for volume. A Y-o-Y growth contrast on prominent market segments, along with market attractiveness evaluation, has been incorporated in the report. Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report. Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve, along with identifying potential resources, considering the sales and distribution perspective in the global compound houttuynia market.
Inspected Assessment on Regional Segments
Key sections have been elaborated in the report, which have helped deliver projections on regional markets. These chapters include regional macros (political, economic, and business environment outlook), which are expected to have a momentous influence on the growth of the compound houttuynia market during the forecast period.
Country-specific valuation on demand for compound houttuynia has been offered for each region, along with market scope estimates and forecasts, price index, and impact analysis of the dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.
Detailed breakup in terms of value and volume for emerging countries has also been included in the report.
In-depth Analysis on Competitive Landscape
The report sheds light on leading manufacturers of compound houttuynia products, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in offering compound houttuynia products has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.
In Fact.MR’s study, a unique research methodology is utilized to conduct extensive research on the growth of the compound houttuynia market, and reach conclusions on the future growth parameters. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the drawn conclusions.
Secondary resources referred to by analysts during the preparation of the market study include statistics from governmental organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of the research report as a primary resource.
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Is the market research conducted by Fact.MR?
Yes, the report on the radiation proctitis treatment industry has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
What research methodology is followed by Fact.MR?
Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.
What are the sources of secondary research?
Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.
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