South Korea Dihydromyricetin Market was valued at USD 0.04 Billion in 2022 and is projected to reach USD 0.10 Billion by 2030, growing at a CAGR of 10.00% from 2024 to 2030.
The South Korea Dihydromyricetin market is gaining significant traction across various industries due to its wide array of applications. Dihydromyricetin, also known as DHM, is a flavonoid compound extracted primarily from the Hovenia dulcis plant. Its popularity has surged in recent years, particularly in the health and wellness sector, as it offers a variety of benefits, including anti-alcohol, anti-inflammatory, and antioxidant properties. This article explores the growing demand for Dihydromyricetin in South Korea and how different industries are shaping its application landscape.
One of the primary sectors driving the Dihydromyricetin market in South Korea is the nutraceutical industry. As consumers become more health-conscious, the demand for natural supplements and ingredients is on the rise. Dihydromyricetin is often marketed as a remedy for hangovers, a property that has piqued the interest of both the alcohol and wellness industries. South Korean manufacturers are increasingly incorporating DHM into their supplements and beverages, capitalizing on its natural ability to alleviate hangover symptoms and promote liver health.
Moreover, the cosmetics industry is also exploring the potential of Dihydromyricetin for its anti-aging and skin-healing properties. With the growing interest in anti-aging products, DHM is being included in formulations for its antioxidant properties, which are believed to combat free radicals and reduce the signs of skin aging. As a result, many skincare brands in South Korea are introducing new products containing Dihydromyricetin, catering to the increasing demand for natural, effective skincare solutions.
The pharmaceutical industry is also contributing to the growing demand for Dihydromyricetin in South Korea. Research into its anti-inflammatory and anti-cancer properties has spurred interest in using DHM as an active ingredient in therapeutic drugs. As scientific research continues to uncover more of its potential health benefits, the pharmaceutical sector is expected to further increase its reliance on Dihydromyricetin, driving the overall market forward.
As industries in South Korea continue to develop and implement innovative uses for Dihydromyricetin, the market for this powerful compound is set to expand significantly. Whether in supplements, cosmetics, or pharmaceuticals, the demand for DHM is becoming a key component in shaping the future of various health and wellness sectors.
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Xian Sost Biotech
Wuhan Vanz Pharm
Xi'an Lyphar Biotech
Xi'an Natural Field Bio-Technique
Xian Tonking Biotech
Yongzhou Huamao Biotechnology
Xi'an Arisun ChemPharm
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Dihydromyricetin Market
Hovenia dulcis
Other Herbal Sources
Functional Foods
Dietary Supplements
Powder
Liquid
Tablet/Capsule
Company Websites
E-commerce Platforms
Health Conscious Consumers
Medical Institutions
Cosmetic Manufacturers
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Dihydromyricetin Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Dihydromyricetin Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Dihydromyricetin Market, By Type
6. South Korea Dihydromyricetin Market, By Application
7. South Korea Dihydromyricetin Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Dihydromyricetin Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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