Horny Goat Weed Extract Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

Fairfield Market Research, a leading provider of market intelligence, has released its latest analysis report on the Horny Goat Weed Extract market, projecting a remarkable growth trajectory over the next decade. With an anticipated Compound Annual Growth Rate (CAGR) of 8.0% from 2024 to 2031, the market is poised to reach a valuation of US$ 150 Million by the end of the forecast period, doubling from its 2024 figure of US$ 90 Million.

Factors Driving Market Expansion

The surge in demand for natural and herbal products, particularly for addressing issues like erectile dysfunction (ED) and hypertension, has been a significant driver propelling the expansion of the horny goat weed extract market. As awareness about the benefits of herbal supplements grows, so does the interest in incorporating horny goat weed extract into various formulations.

According to research findings, a substantial portion of the population in the United States and the United Kingdom suffers from ED and hypertension, creating a lucrative market opportunity for manufacturers. The World Health Organization (WHO) estimates a significant rise in the prevalence of ED and hypertension globally, further fueling the demand for medications and alternative treatments, including horny goat weed extract.

Moreover, the relatively low number of players in the market has led to increased investments in research and development by companies aiming to capitalize on this growing demand.

Regional Market Dynamics

United States:

The United States market for horny goat weed extract is expected to see significant growth by 2031, driven primarily by an increase in cases of erectile dysfunction (ED) and hypertension. Herbal supplements are gaining popularity as alternative treatments, further contributing to market expansion.

United Kingdom:

Similar to the U.S., the UK market for horny goat weed extract is anticipated to grow due to a rise in cases of ED and hypertension. Public health reports indicate a substantial portion of the population affected by these conditions, fostering a preference for natural therapies.

China:

China, being the source of horny goat weed, boasts a significant market for its extract. The country's high prevalence of hypertension, coupled with growing interest in herbal medicine, is expected to drive market growth substantially.

Japan and South Korea:

These East Asian markets are also expected to witness substantial growth, attributed to factors such as an aging population and unhealthy lifestyles leading to higher rates of ED and hypertension.

Category-wise Insights

Herbal Supplements: The segment is anticipated to witness significant growth, driven by increasing awareness of the health benefits of herbal remedies and a shift towards natural alternatives. With a CAGR of 7.7% from 2024 to 2031, herbal supplements, including those containing horny goat weed extract, are poised for substantial market expansion.

Horny Goat Weed Extract Purity: Extracts with 98% purity are expected to be the most lucrative, favored by established manufacturers in developed countries for their superior quality and efficacy in herbal supplements.

Competitive Analysis:

Some key companies are:

Biotrex
Nature's Bounty
Novel Nutrients
Dr. Trust
Novel Nutrients
Simply Herbal
Zenith Nutrition
Now Foods
Run herb Inc
Nanjing Nutrihub BioTech
Xian Shunyi Bio-Chemical Technology
Ningbo J&S Botanics

Segmentation of the Global Horny Goat Weed Extract Market:

By Type

Purity Below 30%
Purity 30%-60%
Purity 98%

By Application

Pharmaceutical
Health Products
Experimental Study
Other

By Region

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

1. Executive Summary

1.1. Global Horny Goat Weed Extract Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value and Volume, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Production Output and Trade Statistics, 2018 - 2023

3.1. Global Horny Goat Weed Extract Production Output, by Region, Value (US$ Mn) and Volume (Tons), 2018 - 2023
- 3.1.1. North America
- 3.1.2. Europe
- 3.1.3. Asia Pacific
- 3.1.4. Latin America
- 3.1.5. Middle East and Africa

4. Price Analysis, 2018 - 2023

4.1. Global Average Price Analysis, by Type, US$ Per Tons, 2018 - 2023
4.2. Prominent Factor Affecting Horny Goat Weed Extract Prices
4.3. Global Average Price Analysis, by Region, US$ Per Tons

5. Global Horny Goat Weed Extract Market Outlook, 2018 - 2031

5.1. Global Horny Goat Weed Extract Market Outlook, by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Purity Below 30%
  - 5.1.1.2. Purity 30%-60%
  - 5.1.1.3. Purity 98%
5.2. Global Horny Goat Weed Extract Market Outlook, by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Pharmaceutical
  - 5.2.1.2. Health Products
  - 5.2.1.3. Experimental Study
  - 5.2.1.4. Other
5.3. Global Horny Goat Weed Extract Market Outlook, by Region, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. North America
  - 5.3.1.2. Europe
  - 5.3.1.3. Asia Pacific
  - 5.3.1.4. Latin America
  - 5.3.1.5. Middle East & Africa

6. North America Horny Goat Weed Extract Market Outlook, 2018 - 2031

6.1. North America Horny Goat Weed Extract Market Outlook, by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Purity Below 30%
  - 6.1.1.2. Purity 30%-60%
  - 6.1.1.3. Purity 98%
6.2. North America Horny Goat Weed Extract Market Outlook, by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Pharmaceutical
  - 6.2.1.2. Health Products
  - 6.2.1.3. Experimental Study
  - 6.2.1.4. Other
- 6.2.2. BPS Analysis/Market Attractiveness Analysis
6.3. North America Horny Goat Weed Extract Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. U.S. Horny Goat Weed Extract Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 6.3.1.2. U.S. Horny Goat Weed Extract Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 6.3.1.3. Canada Horny Goat Weed Extract Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 6.3.1.4. Canada Horny Goat Weed Extract Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Europe Horny Goat Weed Extract Market Outlook, 2018 - 2031

7.1. Europe Horny Goat Weed Extract Market Outlook, by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Purity Below 30%
  - 7.1.1.2. Purity 30%-60%
  - 7.1.1.3. Purity 98%
7.2. Europe Horny Goat Weed Extract Market Outlook, by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Pharmaceutical
  - 7.2.1.2. Health Products
  - 7.2.1.3. Experimental Study
  - 7.2.1.4. Other
- 7.2.2. Attractiveness Analysis
7.3. Europe Horny Goat Weed Extract Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Germany Horny Goat Weed Extract Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.2. Germany Horny Goat Weed Extract Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.3. U.K. Horny Goat Weed Extract Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.4. U.K. Horny Goat Weed Extract Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.5. France Horny Goat Weed Extract Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.6. France Horny Goat Weed Extract Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.7. Italy Horny Goat Weed Extract Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.8. Italy Horny Goat Weed Extract Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.9. Turkey Horny Goat Weed Extract Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.10. Turkey Horny Goat Weed Extract Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.11. Russia Horny Goat Weed Extract Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.12. Russia Horny Goat Weed Extract Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.13. Rest of Europe Horny Goat Weed Extract Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.14. Rest of Europe Horny Goat Weed Extract Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Asia Pacific Horny Goat Weed Extract Market Outlook, 2018 - 2031

8.1. Asia Pacific Horny Goat Weed Extract Market Outlook, by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Purity Below 30%
  - 8.1.1.2. Purity 30%-60%
  - 8.1.1.3. Purity 98%
8.2. Asia Pacific Horny Goat Weed Extract Market Outlook, by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Pharmaceutical
  - 8.2.1.2. Health Products
  - 8.2.1.3. Experimental Study
  - 8.2.1.4. Other
- 8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Asia Pacific Horny Goat Weed Extract Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. China Horny Goat Weed Extract Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 8.3.1.2. China Horny Goat Weed Extract Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 8.3.1.3. Japan Horny Goat Weed Extract Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 8.3.1.4. Japan Horny Goat Weed Extract Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 8.3.1.5. South Korea Horny Goat Weed Extract Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 8.3.1.6. South Korea Horny Goat Weed Extract Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 8.3.1.7. India Horny Goat Weed Extract Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 8.3.1.8. India Horny Goat Weed Extract Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 8.3.1.9. Southeast Asia Horny Goat Weed Extract Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 8.3.1.10. Southeast Asia Horny Goat Weed Extract Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 8.3.1.11. Rest of Asia Pacific Horny Goat Weed Extract Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 8.3.1.12. Rest of Asia Pacific Horny Goat Weed Extract Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Latin America Horny Goat Weed Extract Market Outlook, 2018 - 2031

9.1. Latin America Horny Goat Weed Extract Market Outlook, by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 9.1.1. Key Highlights
  - 9.1.1.1. Purity Below 30%
  - 9.1.1.2. Purity 30%-60%
  - 9.1.1.3. Purity 98%
9.2. Latin America Horny Goat Weed Extract Market Outlook, by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 9.2.1. Key Highlights
  - 9.2.1.1. Pharmaceutical
  - 9.2.1.2. Health Products
  - 9.2.1.3. Experimental Study
  - 9.2.1.4. Other
- 9.2.2. BPS Analysis/Market Attractiveness Analysis
9.3. Latin America Horny Goat Weed Extract Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 9.3.1. Key Highlights
  - 9.3.1.1. Brazil Horny Goat Weed Extract Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 9.3.1.2. Brazil Horny Goat Weed Extract Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 9.3.1.3. Mexico Horny Goat Weed Extract Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 9.3.1.4. Mexico Horny Goat Weed Extract Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 9.3.1.5. Argentina Horny Goat Weed Extract Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 9.3.1.6. Argentina Horny Goat Weed Extract Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 9.3.1.7. Rest of Latin America Horny Goat Weed Extract Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 9.3.1.8. Rest of Latin America Horny Goat Weed Extract Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 9.3.2. BPS Analysis/Market Attractiveness Analysis

10. Middle East & Africa Horny Goat Weed Extract Market Outlook, 2018 - 2031

10.1. Middle East & Africa Horny Goat Weed Extract Market Outlook, by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 10.1.1. Key Highlights
  - 10.1.1.1. Purity Below 30%
  - 10.1.1.2. Purity 30%-60%
  - 10.1.1.3. Purity 98%
10.2. Middle East & Africa Horny Goat Weed Extract Market Outlook, by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 10.2.1. Key Highlights
  - 10.2.1.1. Pharmaceutical
  - 10.2.1.2. Health Products
  - 10.2.1.3. Experimental Study
  - 10.2.1.4. Other
- 10.2.2. BPS Analysis/Market Attractiveness Analysis
10.3. Middle East & Africa Horny Goat Weed Extract Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 10.3.1. Key Highlights
  - 10.3.1.1. GCC Horny Goat Weed Extract Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 10.3.1.2. GCC Horny Goat Weed Extract Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 10.3.1.3. South Africa Horny Goat Weed Extract Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 10.3.1.4. South Africa Horny Goat Weed Extract Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 10.3.1.5. Egypt Horny Goat Weed Extract Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 10.3.1.6. Egypt Horny Goat Weed Extract Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 10.3.1.7. Nigeria Horny Goat Weed Extract Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 10.3.1.8. Nigeria Horny Goat Weed Extract Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 10.3.1.9. Rest of Middle East & Africa Horny Goat Weed Extract Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 10.3.1.10. Rest of Middle East & Africa Horny Goat Weed Extract Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 10.3.2. BPS Analysis/Market Attractiveness Analysis

11. Competitive Landscape

11.1. By End User vs by Type Heatmap
11.2. Company Market Share Analysis, 2023
11.3. Competitive Dashboard
11.4. Company Profiles
- 11.4.1. Ningbo J&S Botanics
  - 11.4.1.1. Company Overview
  - 11.4.1.2. Product Portfolio
  - 11.4.1.3. Financial Overview
  - 11.4.1.4. Business Strategies and Development
- 11.4.2. Xian Shunyi Bio-Chemical Technology
  - 11.4.2.1. Company Overview
  - 11.4.2.2. Product Portfolio
  - 11.4.2.3. Financial Overview
  - 11.4.2.4. Business Strategies and Development
- 11.4.3. Nanjing NutriHerb BioTech
  - 11.4.3.1. Company Overview
  - 11.4.3.2. Product Portfolio
  - 11.4.3.3. Financial Overview
  - 11.4.3.4. Business Strategies and Development
- 11.4.4. Runherb Inc
  - 11.4.4.1. Company Overview
  - 11.4.4.2. Product Portfolio
  - 11.4.4.3. Financial Overview
  - 11.4.4.4. Business Strategies and Development
- 11.4.5. Now Foods
  - 11.4.5.1. Company Overview
  - 11.4.5.2. Product Portfolio
  - 11.4.5.3. Financial Overview
  - 11.4.5.4. Business Strategies and Development
- 11.4.6. Zenith Nutrition
  - 11.4.6.1. Company Overview
  - 11.4.6.2. Product Portfolio
  - 11.4.6.3. Financial Overview
  - 11.4.6.4. Business Strategies and Development
- 11.4.7. Simply Herbal
  - 11.4.7.1. Company Overview
  - 11.4.7.2. Product Portfolio
  - 11.4.7.3. Financial Overview
  - 11.4.7.4. Business Strategies and Development
- 11.4.8. Dr. Trus
  - 11.4.8.1. Company Overview
  - 11.4.8.2. Product Portfolio
  - 11.4.8.3. Financial Overview
  - 11.4.8.4. Business Strategies and Development
- 11.4.9. Novel Nutrients
  - 11.4.9.1. Company Overview
  - 11.4.9.2. Product Portfolio
  - 11.4.9.3. Financial Overview
  - 11.4.9.4. Business Strategies and Development
- 11.4.10. Nature's Bounty
  - 11.4.10.1. Company Overview
  - 11.4.10.2. Product Portfolio
  - 11.4.10.3. Financial Overview
  - 11.4.10.4. Business Strategies and Development
- 11.4.11. Biotrex
  - 11.4.11.1. Company Overview
  - 11.4.11.2. Product Portfolio
  - 11.4.11.3. Financial Overview
  - 11.4.11.4. Business Strategies and Development

12. Appendix

12.1. Research Methodology
12.2. Report Assumptions
12.3. Acronyms and Abbreviationss