Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 900 Million | USD 1400 Million | 5.7% | 2022 |
FrequentlyAsked Questions
Quillaia extracts are extracted from the inner bark of a tree called Quillaja Saponaria which is mostly found in the South American region.
The global quillaia extracts market is projected to register high growth due to the growing demand and consumption of natural food ingredients.
According to study, the global quillaia extracts market size was worth around USD 0.9 billion in 2022 and is predicted to grow to around USD 1.4 billion by 2030.
The CAGR value of quillaia extracts market is expected to be around 5.7% during 2023-2030.
The global quillaia extracts market is expected to witness the highest growth in North America owing to the growing application of the product in the regional industries of food and beverages, personal care, and pharmaceutical.
The global quillaia extracts market is led by players like Baja Agro International Pty Ltd., Naturex SA, Synthite Industries Ltd., Ingredion Incorporated, Jiaherb Inc., Kao Corporation, Sabinsa Corporation, Nexira, Nexis Srl, Garuda International Inc., CIM Bioengineering, Inc., Hainan Nicepal Industry Co., Ltd., Marigot Ltd., Monteloeder S.L., Indena S.p.A., Afriplex Pty Ltd., Ametis JSC, Martin Bauer Group, JF Natural, Skyherb Technologies Co., Ltd., Biospringer, Shaanxi Pioneer Biotech Co., Ltd., Parchem fine & specialty chemicals, Taiyo International Inc., and Nutra Canada.
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