Market size: In 2022, the global market size of centella asiatica extract will be about $29.3 billion.
The market scale of Chinese herbal medicine Asiaticum sinensis has exceeded 10 billion yuan, and the growth rate remains in double digits.
Product form:
The products mainly include raw materials (dry Asiaticum asiatica whole grass, extracts, etc.), proprietary Chinese medicine (pills, powder, capsules, etc.),
health products (oral liquid, capsule, tablet, etc.) and cosmetics (skin care products, hair care products, etc.).
Main ingredient and the function of the centella asiatica extract
The extract contains a variety of active ingredients that give the herb its value in many fields such as medicine and skin care:
Asiaticoside, Madecassoside，Asiatic acid, Madecassic acid。
Antioxidant:
Contains flavonoids and other antioxidant substances, can remove free radicals, reduce oxidative stress damage to skin cells, thereby delaying skin aging, prevent wrinkles,
relaxation and other aging phenomena, so that the skin to maintain a young state.
Anti-inflammatory relief:
It can inhibit the release of inflammatory factors, regulate the function of immune cells, reduce inflammation such as skin swelling, itching, stinging, etc.
It is suitable for sensitive muscles, acne muscles and other skin types prone to inflammation, and can relieve skin discomfort and enhance skin tolerance.
Repair regeneration:
It can stimulate the proliferation of fibroblasts, promote the synthesis of collagen and extracellular matrix, accelerate wound healing, help repair damaged skin,
such as acne damage, acne marks, sunburn, surgical trauma, etc., but also reduce scar formation, promote the regeneration and recovery of skin tissue.
Whitening spots:
Some ingredients can interfere with the biosynthetic pathway of melanin, inhibit the activity of tyrosinase, reduce the production of melanin, and then dilute the color spots,
acne marks, improve the uneven skin color, and make the skin brighter and fairer.
Moisturizing:
Helps to increase the moisture content of the cuticle, enhance the barrier function of the skin, form a breathable protective film on the skin surface,
prevent water loss through the epidermis, and keep the skin hydrated, soft and smooth.
Inhibit excessive keratinosis:
The flavonoids in it can inhibit the excessive proliferation of keratinocytes, regulate the metabolism of the stratum corneum, maintain the normal thickness
and renewal rate of the stratum corneum, improve the skin roughness and dullness caused by the accumulation of cutin, and make the skin more delicate and smooth.
Wide range of applications
Medical field:
It plays an important role in both traditional herbs and modern medicine, and can be used to treat various skin diseases,
promote wound healing, and improve blood circulation.
Beauty and skin care:
Due to its antioxidant, anti-inflammatory and collagen-promoting effects, it is widely used in beauty and skin care products such as creams, serums and masks,
and the increased consumer interest in anti-aging and natural ingredients is driving its demand in this field.
Health care products:
As a component of health care products, Centella extract has antioxidant, anti-inflammatory, improving blood circulation and anti-stress effects,
which are used to improve memory, enhance immunity and reduce stress, etc., and are welcomed by consumers.
Shifting consumer preferences:
Consumers increasingly favor natural and healthy products, and as a natural herb, Asiaticum sinensis is in line with consumers' pursuit of health and natural products,
and the market demand has been increased.
Technological progress drives:
The technology of extracting effective components of Asiaticosa sinensis has been improving, such as supercritical fluid extraction, microwave assisted extraction, etc.,
which can improve the purity and effect of the product. Biotechnology and genetic engineering techniques may also be used to improve the production efficiency
and active ingredient content of centella sinensis.
Market competition pattern
Diversified competition:
The raw material market is dominated by small and medium-sized enterprises, and the competition is fierce.
The Chinese patent medicine market is dominated by a number of well-known pharmaceutical companies, and the brand effect is obvious;
There are new enterprises entering the market of health care products, and the competition is gradually intensifying.
The cosmetics market is dominated by well-known domestic and foreign brands.
Brand influence is important:
In the process of competition, product quality, brand influence, research and development ability and other factors become the key to enterprise competition.
Well-known brands with deep brand influence and high-quality product quality, occupy a larger share of the market.
Production growth:
With the advancement of science and technology, the improvement of planting technology and the expansion of market demand,
it is expected that the output of centella asiatica will continue to maintain stable growth,
and the government and enterprises will increase their support for the centella industry to promote its sustainable development.
Technological innovation:
The technology is developing in the direction of improving product quality, enhancing biological activity, improving preparation performance and reducing environmental impact,
and the innovative application of nanotechnology and preparation technology will further promote the development of the centella market.
Market expansion:
The global Asiaticum herb market has shown a steady growth trend over the past few years,
and the market space for Asiaticum herb is expanding with the increase of interest in Asian herbs in Western markets.
Challenge
Fluctuations in raw material supply:
The output of centella mongolica is greatly affected by natural factors such as climate and planting conditions,
which may lead to unstable supply of raw materials and affect market supply and product prices
Unification of quality standards:
Globally, different regions have different quality standards and regulatory requirements for centella products,
which brings certain challenges to the production and sales of enterprises, and requires enterprises to invest more resources to meet different standards.
Increased competition:
With the development of the market, more and more enterprises enter the Asiaticum sinensis market, the competition is increasingly fierce,
enterprises need to continuously improve product quality, innovative products and optimized services to stand out in the competition.
