“The Global Sweet Wormwood (Artemisia Annua) Extract Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2023 to 2030.”
Definition of Global Sweet Wormwood (Artemisia Annua) Extract Market
The Global Sweet Wormwood (Artemisia Annua) Extract Market refers to the market for extracts derived from the sweet wormwood plant, scientifically known as Artemisia annua. This plant is native to China and is used in traditional Chinese medicine to treat a variety of ailments, including fever, malaria, and inflammation.
Sweet wormwood extract is produced by extracting the active compounds from the leaves and flowers of the plant, primarily artemisinin, which has been found to be effective in treating malaria. In recent years, research has also suggested that sweet wormwood extract may have potential in the treatment of other diseases, such as cancer and autoimmune disorders.
