Global Food Pharmaceutical Peony Industry Research Report, Growth Trends and Competitive Analysis 2021-2027

The peony is a flowering plant in the genus paeonia. The country-of-origin of peony is from China. Now, peony is transplanted into many countries, such as Japan, Korea, USA, Europe and other countries, especially ornamental peony. Ornamental peony is generally not considered to not have food and pharmaceutical value. Peony comes in many varieties: paeonia decomposita, paeonia abchasica, paeonia anomala, paeonia ostii, paeonia rockii, etc. Many of them are ornamental peony not paeonia ostii, paeonia rockii. Paeonia ostii and paeonia rockii have a lot of food and pharmaceutical value. Their seeds and flower can be used to extract the oil and their roots can be used to extract paeonol. Besides that, the extract of leaf and stem also has food and pharmaceutical value. In a word, the extract of paeonia ostia and paeonia rockii has food and pharmaceutical value.
Food/pharmaceutical peony mainly refers to paeonia ostia and paeonia rockii. The seed of paeonia ostia and paeonia rockii can be produce peony seed oil, which is a new resources food in China. The root of paeonia ostia can be extracted paeonol, which is an herbal remedy in traditional Chinese medicine and has anti-inflammatory and analgesic function. Since 2011, NHFPC approved peony seed oil as new resources food, so peony seed oil industry develop rapidly and many flower growers in Anhui, Shandong, Shaanxi province enlarge the culture area of paeonia ostia.

Owning to as national flower, paeonia ostia and paeonia rockii is only planted in China, such as Shandong, Anhui, Shaanxi province, and this peony hardly export to other country. So the raw material- paeonia ostia and paeonia rockii of extractive of food and pharmaceutical peony mainly come from China.

The production of food and pharmaceutical peony’s extractive is mainly in China, at the same time, other countries also extract paeonol from paeonia ostia’s root. It is estimated that supported by downstream industries, global demand of food and pharmaceutical peony demand will keep increasing with an average growth rate of 37.67% in the coming five years. In addition, similar with that of globe, the production of food and pharmaceutical peony in China will increase from 54.2 MT in 2010 to 243 MT in 2015, accompanied with an average production growth of 52.36% in the coming five years.

We tend to believe that this industry still has a bright future, considering the current demand of food and pharmaceutical peony. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.

In 2020, the global Food Pharmaceutical Peony market size was US$ 80 million and is forecast to 160.4 million US in 2027, growing at a CAGR of 12.3% during the 2021-2027. In this study, 2020 has been considered as the base year and 2021 to 2027 as the forecast period to estimate the market size for Food Pharmaceutical Peony.
The market research report offered here is a very useful resource that can help manufacturers, stakeholders, decision-makers, and other market participants to become familiar with every factor impacting the growth of the global Food Pharmaceutical Peony market. The analysts authoring the report have closely studied key strategies adopted by top players of the global Food Pharmaceutical Peony market. The report includes SWOT, and other market analyses to provide a clear and deep understanding of important aspects of the global Food Pharmaceutical Peony market. Readers of the report can become informed about current and future trends of the global Food Pharmaceutical Peony market and how they will impact market growth during the forecast period.

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Segment by Type
Paeonia Ostii
Paeonia Rockii

Segment by Application
Food Industry
Pharmaceutical Industry

By Company
Peony Love
Ruipu mudan
Henan Xiangyue
Weizhen Guose Agriculture
Gansu Wanlinxiqi
Anhui Chinature
Klorane
Martin Bauer Group
Naolys
Active Organics
Naturex
Aunutra
Nelsons Natural World
Anhui Fengyang Phytochemistry
Xi'an Changyue Phytochemistry
Pioneer Herb
Xi'an Shenyuan
Novoherb
King-Stone
Nutra Green