Market Size in 2023 | Market Forecast in 2032 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 937.1 Million | USD 1,527.40 Million | CAGR at 5.70% | 2023 |
According to the report published by Zion Market Research, the global Quillaia Extract Market size was valued at USD 937.1 Million in 2023 and is predicted to reach USD 1,527.40 Million by the end of 2032. The market is expected to grow with a CAGR of 5.70% during the forecast period. The report analyzes the global Quillaia Extract 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 Quillaia Extract Market industry.
From the stems or branches of the Quillaja Saponaria Molina, the quillaia extract is obtained. With the extraction of the wood of the pruned stems or the inner bark, quillaia extract is produced. The quillaia extract is rich in saponins and sapogenins. Quillaia extract is the emulsifying and foaming agent that is obtained naturally and is thus widely used in the food and beverage industries.
The global market for the quillaia extract is fragmented into its type, physical forms, applications and the end use.
On the basis of its type, the global market is segregated into high purified quillaia extract, type II, and type I.
On the basis of the physical form, the market is categorized into liquid and powder.
On the basis of application, the market is divided into flavoring agent, emulsifying agent and foaming agent.
On the basis of the end user, the market is bifurcated into food and beverage, agriculture and cosmetics.
In the coming years, the market for the quillaia extract will increase significantly. The major industry that is driving the quillaia extract market is the food and beverage. The factors that are contributing to the market growth of the quillaia market is the increase in the consumption of the natural ingredients due to the health benefits that are obtained, changing preferences of the consumers regarding the food habits, and growth in the number of obese people. The increasing use of the quillaia extract in the food and beverage industry as an emulsifying and foaming agent is fuelling the growth of the market. However, the quillaia extract cannot be consumed directly by the human beings as it contains a high amount of tannins. The other side effects of the consumption of the quillaia extract are diarrhea, liver damage, and respiratory problems.
Report Attributes | Report Details |
---|---|
Report Name | Quillaia Extract Market Research Report |
Market Size in 2023 | USD 937.1 Million |
Market Forecast in 2032 | USD 1,527.40 Million |
Growth Rate | CAGR of 5.70% |
Number of Pages | 201 |
Key Companies Covered | PERA GmbH., Garuda International Inc., and Naturex S.A. |
Segments Covered | By Type, By Physical forms, By Applications, By End use 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 quillaia extract is diversified into North America, Western Europe, Asia Pacific, the Middle East and Africa, Eastern Europe, and Latin America. The regional market that is dominating the quillaia market is Europe. The regions that are following the European region are North America and Asia Pacific. The factors that are contributing to the market growth are the growth in the food and beverage industry, the presence of the major market players in this region, and the favorable policies that are implemented by the government.
In the Asia Pacific region, the market growth will be significant owing to the increasing preference for the natural ingredients than the synthetic ones, rapid growth in the food and beverage industry, and the rise in the awareness about the health benefits triggers the growth of the market.
The key market players that are involved in the quillaia extract market include:
By Type
By Physical forms
By Applications
By End use
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed