| Product Code: ETC8034619 | 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 |
The import shipments of Lithuanian astragalus root extract in 2024 saw steady growth, with top exporters being Poland, Latvia, India, Other European countries, and Germany. The market concentration, as measured by the HHI, remained at a moderate level, indicating a healthy level of competition. The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 9.43%, with a continued growth rate of 3.82% from 2023 to 2024. This suggests a promising outlook for the astragalus root extract market in Lithuania, driven by increasing demand and diverse sources of import.

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 Lithuania Astragalus Root Extract Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Astragalus Root Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Astragalus Root Extract Market - Industry Life Cycle |
3.4 Lithuania Astragalus Root Extract Market - Porter's Five Forces |
3.5 Lithuania Astragalus Root Extract Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Lithuania Astragalus Root Extract Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.7 Lithuania Astragalus Root Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Lithuania Astragalus Root Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of astragalus root extract |
4.2.2 Growing demand for natural and herbal supplements |
4.2.3 Rising adoption of traditional medicine practices in Lithuania |
4.3 Market Restraints |
4.3.1 Limited availability of high-quality astragalus root extract |
4.3.2 Stringent regulations and quality control standards in the herbal supplements industry |
5 Lithuania Astragalus Root Extract Market Trends |
6 Lithuania Astragalus Root Extract Market, By Types |
6.1 Lithuania Astragalus Root Extract Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Astragalus Root Extract Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Lithuania Astragalus Root Extract Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.4 Lithuania Astragalus Root Extract Market Revenues & Volume, By Whole Root, 2021- 2031F |
6.1.5 Lithuania Astragalus Root Extract Market Revenues & Volume, By Liquid, 2021- 2031F |
6.2 Lithuania Astragalus Root Extract Market, By Category |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Astragalus Root Extract Market Revenues & Volume, By Organic, 2021- 2031F |
6.2.3 Lithuania Astragalus Root Extract Market Revenues & Volume, By Conventional, 2021- 2031F |
6.3 Lithuania Astragalus Root Extract Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Astragalus Root Extract Market Revenues & Volume, By Food Industry, 2021- 2031F |
6.3.3 Lithuania Astragalus Root Extract Market Revenues & Volume, By Pharmaceuticals Industry, 2021- 2031F |
6.3.4 Lithuania Astragalus Root Extract Market Revenues & Volume, By Others, 2021- 2031F |
7 Lithuania Astragalus Root Extract Market Import-Export Trade Statistics |
7.1 Lithuania Astragalus Root Extract Market Export to Major Countries |
7.2 Lithuania Astragalus Root Extract Market Imports from Major Countries |
8 Lithuania Astragalus Root Extract Market Key Performance Indicators |
8.1 Number of research studies published on the health benefits of astragalus root extract |
8.2 Percentage increase in the use of astragalus root extract in pharmaceuticals and nutraceuticals |
8.3 Growth in the number of traditional medicine practitioners endorsing astragalus root extract |
9 Lithuania Astragalus Root Extract Market - Opportunity Assessment |
9.1 Lithuania Astragalus Root Extract Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Lithuania Astragalus Root Extract Market Opportunity Assessment, By Category, 2021 & 2031F |
9.3 Lithuania Astragalus Root Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Lithuania Astragalus Root Extract Market - Competitive Landscape |
10.1 Lithuania Astragalus Root Extract Market Revenue Share, By Companies, 2024 |
10.2 Lithuania 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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