| Product Code: ETC7472239 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Hong Kong continued to import astragalus root extract primarily from China, Taiwan, Province of China, Nepal, India, and Pakistan. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. However, the compound annual growth rate (CAGR) from 2020 to 2024 was negative at -7.76%, with a significant decline in growth rate from 2023 to 2024 at -28.79%. This suggests a challenging market environment for astragalus root extract imports into Hong Kong, with potential factors impacting demand and supply dynamics.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hong Kong Astragalus Root Extract Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Astragalus Root Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Astragalus Root Extract Market - Industry Life Cycle |
3.4 Hong Kong Astragalus Root Extract Market - Porter's Five Forces |
3.5 Hong Kong Astragalus Root Extract Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Hong Kong Astragalus Root Extract Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.7 Hong Kong Astragalus Root Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Hong Kong Astragalus Root Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of astragalus root extract |
4.2.2 Growing demand for natural and herbal products in the wellness industry |
4.2.3 Rising prevalence of chronic diseases and the shift towards preventive healthcare |
4.3 Market Restraints |
4.3.1 Limited availability of high-quality astragalus root extract |
4.3.2 Stringent regulations and quality control measures in the herbal supplements market |
4.3.3 Competition from alternative herbal supplements and traditional medicines |
5 Hong Kong Astragalus Root Extract Market Trends |
6 Hong Kong Astragalus Root Extract Market, By Types |
6.1 Hong Kong Astragalus Root Extract Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Astragalus Root Extract Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Hong Kong Astragalus Root Extract Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.4 Hong Kong Astragalus Root Extract Market Revenues & Volume, By Whole Root, 2021- 2031F |
6.1.5 Hong Kong Astragalus Root Extract Market Revenues & Volume, By Liquid, 2021- 2031F |
6.2 Hong Kong Astragalus Root Extract Market, By Category |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Astragalus Root Extract Market Revenues & Volume, By Organic, 2021- 2031F |
6.2.3 Hong Kong Astragalus Root Extract Market Revenues & Volume, By Conventional, 2021- 2031F |
6.3 Hong Kong Astragalus Root Extract Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Hong Kong Astragalus Root Extract Market Revenues & Volume, By Food Industry, 2021- 2031F |
6.3.3 Hong Kong Astragalus Root Extract Market Revenues & Volume, By Pharmaceuticals Industry, 2021- 2031F |
6.3.4 Hong Kong Astragalus Root Extract Market Revenues & Volume, By Others, 2021- 2031F |
7 Hong Kong Astragalus Root Extract Market Import-Export Trade Statistics |
7.1 Hong Kong Astragalus Root Extract Market Export to Major Countries |
7.2 Hong Kong Astragalus Root Extract Market Imports from Major Countries |
8 Hong Kong Astragalus Root Extract Market Key Performance Indicators |
8.1 Consumer engagement with astragalus root extract content on social media platforms |
8.2 Number of research studies published on the health benefits of astragalus root extract |
8.3 Growth in the number of companies offering astragalus root extract products |
8.4 Increase in the number of health and wellness events featuring astragalus root extract demonstrations |
8.5 Adoption rate of astragalus root extract in various forms (e.g., capsules, powders, teas) |
9 Hong Kong Astragalus Root Extract Market - Opportunity Assessment |
9.1 Hong Kong Astragalus Root Extract Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Hong Kong Astragalus Root Extract Market Opportunity Assessment, By Category, 2021 & 2031F |
9.3 Hong Kong Astragalus Root Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Hong Kong Astragalus Root Extract Market - Competitive Landscape |
10.1 Hong Kong Astragalus Root Extract Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Astragalus Root Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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