Market Size in 2023 | Market Forecast in 2032 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 6.35 Billion | USD 9.60 Billion | CAGR at 4.82% | 2023 |
According to the report published by Zion Market Research, the global Jujube Extracts Market size was valued at USD 6.35 Billion in 2023 and is predicted to reach USD 9.60 Billion by the end of 2032. The market is expected to grow with a CAGR of 4.82% during the forecast period. The report analyzes the global Jujube Extracts Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Jujube Extracts Market industry.
The common name for the Ziziphus jujube is jujube. Other names for jujube are a red date or the Chinese date. The jujube has several nutritional values such as protein, calcium, fat, carbohydrates, and vitamin C. It also consists of elements that help in recovering the cancer cells. Other benefits of consuming the jujube extract are it helps in maintaining the hormones of the body, also maintains the skin, enzymes, neurotransmitters, muscles, bones, and hair, and helps in stress and anxiety relief.
The global market for the jujube extracts is fragmented into its product type and application.
On the basis of the product type, the global market is segregated into powder, seed and liquid.
On the basis of application, the market is categorized into consumer goods, food and beverages and pharmaceuticals.
The major factors that are driving the jujube extracts market are the increasing inclination of the consumers towards the functional foods, food products that are obtained from natural sources, the increasing demand for the dietary supplements, and the growing spending power of the consumers are driving the growth of the global market. The other factors that are contributing to the market growth are a rise in the demand for the flavor foods, the utilization of the advanced technology, use of the multi-functional ingredients in the processed food products, and the significant expansion of the food and beverage industry. In the food sector, the jujube extracts are used for improving the texture of the food and to enhance the stability of the product. The factors that will restrain the growth of the market in the coming periods are the availability of the substitutes, the strict regulations implemented by the government, and the change in the climatic pattern.
Report Attributes | Report Details |
---|---|
Report Name | Jujube Extracts Market Research Report |
Market Size in 2023 | USD 6.35 Billion |
Market Forecast in 2032 | USD 9.60 Billion |
Growth Rate | CAGR of 4.82% |
Number of Pages | 201 |
Key Companies Covered | Nutragreenlife Biotechnology Co., Ltd., Risun Bio-Tech, Damin Foodstuff Co., Ltd., DaeHeung Agricultural Ltd., Alps Pharmaceutical lnd. Co., Ltd., Chem-Bridge Co, Ltd., Shaanxi Sciphar Natural Products Co., Ltd., Alps Pharmaceutical, XBrain Ltd., Edwards and Co., and Naturalin Bio-Resources Co., Ltd. |
Segments Covered | By Product type, By Application and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
According to the regional study, the global market for the jujube extract is diversified into North America, Western Europe, Asia Pacific, the Middle East and Africa, Eastern Europe, and Latin America. The region that is leading the jujube extracts market is Asia Pacific region. The regions that are following Asia Pacific region are North America and Europe. The factors that are contributing to the market growth in these regions are the launch of the new food products, increasing preference of the people for processed juices and foods, the presence of the market players, and the high awareness levels among the people about the health benefits of the jujube extract. The market is having a high number of opportunities in the regions such as the Middle East and Africa and Asia Pacific due to the presence of a large number of jujube fruit plants in the emerging nations such as China and others.
The key market players that are involved in the jujube extracts market include:
By Product type
By Application
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