The market size will exceed 500 million US dollars. Magic herbs!
[1] What is Centella asiatica?
Centella asiatica has always held an important position in traditional Chinese medicine and Ayurvedic medicine. The "Shennong's Classic of Materia Medica" states that Centella asiatica "treats severe heat, malignant sores, and boils, as well as skin rashes and fever." The "Suwen" and "Classified Materia Medica" of the Song Dynasty describe it as "bitter, cold, and non-toxic, suitable for treating febrile diseases and skin diseases." Centella asiatica is also a highly regarded herb in Ayurvedic medicine, mainly used to improve memory, treat skin diseases, and cardiovascular diseases. In China, Centella asiatica is a raw material for health food products. In addition, in some parts of southern China, Centella asiatica is often made into a cold drink. In Southeast Asia, India, Pakistan, Sri Lanka, and South America, Centella asiatica is consumed as a vegetable.
[2] Multiple Benefits of Centella asiatica
So far, the plant active ingredients identified in Centella asiatica mainly include terpenoids and phenylpropanoid derivatives (eugenol derivatives, caffeoylquinic acid, and flavonoids), etc. These active ingredients have various health benefits, including antioxidant, anti-inflammatory, antibacterial, wound healing promotion, cognitive and memory enhancement, neuroprotection, weight loss, and cardiovascular health improvement.
[3] Centella asiatica Enters a $500 Million Market
Verified data shows that the market size of Centella asiatica extracts reached $401 million in 2023 and is expected to reach $581 million by the end of 2030. With the continuous growth in consumer demand for functional foods, scientists and researchers are using herbs like Centella asiatica to develop functional foods. GoNutra has launched a Centella asiatica supplement that can be mixed with beverages or food. This product can improve cognitive function and enhance memory. Double-Wood has introduced a Centella asiatica capsule, mainly for relaxing the nerves and enhancing cognitive function. ParNa Dip Soup has launched a Centella asiatica health instant soup, which helps enhance brain activity and nervous system function, and reduce stress and anxiety.
