#Botanical Supplements Market Forecasts

[rakshasns]

Ascorbic Acid Market Analysis By Recent Trends By 2023

The Ascorbic Acid Market Trend was USD 1.77 billion in 2022 and is expected to Reach USD 2.71 billion by 2030 and grow at a CAGR of 5.5 % over the forecast period of 2023-2030. 

The Ascorbic Acid growth is estimated to be majorly driven by growing economies of Asia Pacific region. The growing demand of Ascorbic Acid from the wind energy, marine, and packaging end-use industries in China, India, Japan, and Australia is driving the growth of Ascorbic Acid in Asia Pacific region

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Ascorbic Acid Market Grows with Rising Demand for Health Supplements and Food Preservation

The global Ascorbic Acid Market is witnessing robust growth, driven by its wide-ranging applications in the food, pharmaceutical, and cosmetic industries. Ascorbic acid, commonly known as vitamin C, is valued for its antioxidant properties, making it a popular ingredient in dietary supplements and functional foods aimed at boosting immunity and combating oxidative stress. In the food and beverage sector, its role as a natural preservative and color stabilizer has fueled demand, particularly with the increasing consumer preference for clean-label and minimally processed products. The ongoing emphasis on health and wellness, along with rising awareness about vitamin C's benefits in preventing and managing chronic diseases, is significantly contributing to market expansion.

Regionally, North America and Europe remain dominant markets due to a strong focus on health supplements and fortified foods. Meanwhile, the Asia-Pacific region is experiencing rapid growth, supported by increasing disposable incomes, a growing middle-class population, and rising health consciousness. Technological advancements in ascorbic acid production, such as fermentation-based processes, are improving efficiency and sustainability, further propelling market growth. With expanding applications in personal care and pharmaceuticals, the ascorbic acid market is poised for continued growth, catering to the evolving demands of health-conscious consumers and innovative product developers worldwide.

Market Overview

By Form

Powder

Liquid

By Application

Food & Beverage

Pharmaceuticals & Healthcare

Feed

Cosmetics

Beauty and Personal Care

Animal Feed

The major factors driving the growth of the studied are growing demand of lightweight material from automotive industry and increasing construction activities in Asia-Pacific.

Availability of substitutes for Ascorbic Acid are likely to hinder the s growth.

Potential growth in wind energy is likely to create opportunities for the in the coming years.

Asia-Pacific region is expected to dominate the and is also likely to witness highest CAGR during the forecast period.

The key players covered in this report:

Merck KGaA

Koninklijke DSM NV

Shandong Luwei Pharmaceutical Co. Ltd.

Northeast Pharmaceutical Group Co. Ltd

BASF SE

Aland Nutraceuticals Group

CSPC Pharmaceutical Group Limited

Pharmavit

FUJIFILM Corporation

Botanic Healthcare

Bactolac Pharmaceutical Inc.

Foodchem International Corporation

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Asia-Pacific Region to Dominate the

Asia-Pacific region is expected to dominate the industry. In the region, China is the largest economy, in terms of GDP. China is one of the fastest emerging economies and has become one of the biggest production houses in the world, today. The country’s manufacturing sector is one of the major contributors to the country’s economy.

China is the largest manufacturer of automobiles in the world. The country’s automotive sector has been shaping up for product evolution, with the country focusing on manufacturing products, in order to ensure fuel economy, and to minimize emissions (owing to the growing environmental concerns due to mounting pollution in the country).

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Sexual Health Supplement Market By Product Type, By Manufacturers, By End-User And Market Trend Analysis Forecast 2033

The sexual health supplement global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Sexual Health Supplement Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size - The sexual health supplement market size has grown rapidly in recent years. It will grow from $2.84 billion in 2023 to $3.13 billion in 2024 at a compound annual growth rate (CAGR) of 11.2%.  The growth in the historic period can be attributed to cultural shifts towards openness and acceptance, advancements in medical research and technology, increasing awareness and education about sexual health, changing lifestyles and stress levels, growing demand for natural and holistic remedies.

The sexual health supplement market size is expected to see rapid growth in the next few years. It will grow to $4.68 billion in 2028 at a compound annual growth rate (CAGR) of 10.6%.  The growth in the forecast period can be attributed to expanding aging population demographics, rising interest in personalized and tailored wellness solutions, evolving consumer attitudes towards preventative healthcare, emerging markets and globalization of wellness trends, increasing accessibility and availability of sexual health information online. Major trends in the forecast period include personalized formulations for specific demographics, integration of CBD and botanical ingredients, rise of subscription-based supplement services, adoption of evidence-based ingredients backed by clinical research, growth of digital health platforms for personalized wellness advice.

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The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Market Drivers - The rise in lifestyle-related disorders is expected to propel the sexual health supplement market going forward. Lifestyle-related disorders refer to health conditions primarily caused or exacerbated by an individual's lifestyle choices and habits, including obesity, type 2 diabetes, cardiovascular diseases, and certain cancers. The rise in lifestyle-related disorders is due to sedentary lifestyles, unhealthy dietary habits, stress, and environmental factors. Sexual health supplements are often used as complementary or alternative treatments for lifestyle-related disorders that can impact sexual function, particularly by improving blood circulation, hormonal balance, stress reduction, increased energy and vitality, and enhanced mood. For instance, in September 2023, according to the World Health Organization, a Switzerland-based specialized agency of the United Nations, there were 41 million deaths, which is 74% of those caused by non-communicable diseases (NCDs) or chronic diseases every year globally. There were 17.9 million deaths from cardiovascular diseases, 9.3 million deaths from cancer, 4.1 million deaths from chronic respiratory diseases, and 2.0 million deaths from diabetes. Therefore, the rise in lifestyle-related disorders is driving the growth of the sexual health supplement market.

Market Trends - Major companies operating in the sexual health supplement market are focusing on developing innovative products, such as Liboost, to cater to the growing consumer demand for natural and holistic remedies for sexual wellness. Liboost is a supplement made from the Turnera diffusa plant's leaves, which are native to subtropical climates. The extract is made by consuming the plant leaves, which have traditionally been used as an aphrodisiac and bladder tonic. For instance, in November 2022, Pharmactive Biotech Products, S.L., a Spain-based biotechnology company, launched Liboost to improve sexual health in women and men. It offers significant benefits for men and women, with reported improvements of 40% for men and 92% for women in overall sexual indexes following a four-week trial. It also functions by enhancing nitric oxide release in male reproductive endothelial tissues, leading to vasodilation through multiple molecular pathways, inhibiting the degradation of cGMP by the enzyme PDE-5, thus promoting smooth muscle relaxation.

The sexual health supplement market covered in this report is segmented –

1) By Type: Natural, Synthetic And Blend 2) By Formulation: Capsules, Tablets, Solutions, Powders, Others Formulations 3) By Gender: Men, Women 4) By Distribution: Online, Offline 5) By Application: Libido Boosting, Sexual Dysfunction, Stamina and Endurance, Fertility, Other Applications

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Regional Insights - Asia Pacific was the largest region in the sexual health supplement market in 2023. The regions covered in the sexual health supplement market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies - Major companies operating in the sexual health supplement market report are Pfizer Inc.; GlaxoSmithKline Consumer Healthcare Ltd.; Amway Corp.; Glanbia Plc; Herbalife Ltd; General Nutrition Centers Inc; Dabur India Ltd.; Exeltis USA Inc. ; The Nature's Bounty Co.; NOW Health Group Inc.; Nutraceutical Corporation; Metagenics Inc; Vitabiotics Ltd.; Life Extension; Irwin Naturals Inc.; Force Factor LLC; Swisse Wellness; Twinlab Consolidated Holdings Inc.; Solgar Inc.; Lovehoney Group Ltd; Himalaya Drug Company Pvt Ltd; Fairhaven Health LLC; BioXgenic LLC; Source Naturals; Coast Science LLC; LENUS Pharma GesmbH

Table of Contents 1. Executive Summary 2. Sexual Health Supplement Market Report Structure 3. Sexual Health Supplement Market Trends And Strategies 4. Sexual Health Supplement Market – Macro Economic Scenario 5. Sexual Health Supplement Market Size And Growth ….. 27. Sexual Health Supplement Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix

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[creativeera]

The Indonesia Dietary Supplements Market is booming driven by Increasing consumer awareness

Market Overview The dietary supplements market in Indonesia provides consumers with a wide range of nutrition products to supplement their diet. These include minerals, vitamins, herbs, botanicals, amino acids and enzymes. Dietary supplements in the form of tablets, capsules, soft gels, and powders have gained popularity as preventive healthcare solutions. They play a crucial role in enhancing overall well-being by filling nutritional gaps and preventing deficiencies. Rising disposable income has increased consumer spending on supplements containing active ingredients that support specific health conditions like joint care, heart health, sports nutrition and weight management.

Indonesia Dietary Supplements Market is estimated to be valued at US$ 17.61 Bn in 2024 and is expected to exhibit a CAGR of 10% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the Indonesia dietary supplements are Siemens Healthineers, Nordion Inc., Lantheus Holdings Inc., Guerbet Group, GE Healthcare, Curium, Bracco Imaging SpA, Bayer AG, Cardinal Health Inc., and NTP Radioisotopes SOC Ltd. Growing health awareness among Indonesia Dietary Supplements Market Size. Dietary pills and capsules containing essential vitamins, minerals, herbs and other components are popular for immunity boosting, bone health, heart care and weight management. Sport nutrition supplements have seen increased uptake with rising participation in fitness activities. The global expansion of major international supplement brands has boosted availability across modern retail channels in Indonesia. E-commerce platforms have enhanced accessibility in smaller cities and towns. Domestic manufacturers are expanding their product ranges and distribution networks to capture more of the fast-growing market. Market Key Trends The Indonesian dietary supplements market is being driven by increasing consumer awareness regarding healthcare and wellness. Social media promotion by fitness influencers and health experts has highlighted the role of supplements. This is building demand for clean label products containing natural and plant-based ingredients over synthetic alternatives. Products targeting immunity, gut health and traditional remedies are gaining traction. Stricter quality regulations have made the market more organized, instilling consumer confidence in established brands.

Porter's Analysis Threat of new entrants: Dietary supplements market in Indonesia has high barriers for new players due to stringent regulations and significant investment required. Bargaining power of buyers: Buyers in Indonesia have moderate bargaining power due to availability of substitutes and undifferentiated products. However, customer loyalty offers some bargaining power to established brands. Bargaining power of suppliers: Majority of raw material suppliers have low bargaining power due to fragmented nature of supply market and availability of substitutes. However, suppliers of some patented ingredients have relatively higher bargaining power. Threat of new substitutes: Threat from substitutes is moderate as other food and pharmaceutical products offer similar benefits. However, customer loyalty and perceived health benefits offer some protection against substitutes. Competitive rivalry: Market has various local and international players offering differentiated products. Intense competition exists on the basis of innovation, quality, brands and price. Geographical Regions Java dominates the Indonesia dietary supplements market in terms value share. It is estimated that Java accounted for around 62% value share of the total Indonesia market in 2024. Easy availability, robust distribution network and high health awareness among urban population in Java drives its dominance. East Java is projected to be the fastest growing region during the forecast period. Increasing disposable income, growing millennial population and rising health consciousness especially in Surabaya city offers immense growth opportunities. The region is expected to showcase around 11.5% CAGR between 2024-2031.

Get more insights on Indonesia Dietary Supplements Market

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Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights.

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[colinwilson11]

Botanicals Market To Grow At Strong Pace Driven By Rising Demand For Natural Ingredients

The Botanicals Market refers to products derived from plants or plant materials. Botanical ingredients are extracted from various parts of plants such as roots, leaves, stems, flowers etc. They provide numerous health and medicinal benefits. Common botanical ingredients used in various industries include botanical fragrances, botanical flavors, botanical extracts etc. Some examples include essential oils, phytochemicals, antioxidants etc. Botanical ingredients are finding wide applications in food & beverages, dietary supplements, personal care & cosmetics and other industries owing to their natural origin and versatile functionality. The growing preference for natural products over synthetic or chemical ones among conscious consumers is driving the demand for botanical ingredients globally.

The Botanicals Market is estimated to be valued at US$ 112.31 Bn in 2024 and is expected to exhibit a CAGR of 6.5% over the forecast period 2024-2031.

Key Takeaways

Key players operating in the Botanicals Market are DSM, AmbePhytoextracts, Berje, Indesso, Lipoid Kosmetic. DSM is one of the leading producers of botanical extracts globally.

The rising demand for natural ingredients from the food & beverage industry is a major factor driving growth of the Botanicals Market. Consumers are increasingly preferring food products with natural ingredients over chemical or artificial flavours & fragrances.

Technological advancements in extraction techniques are helping manufacturers derive a wide range of ingredients from plants. Supercritical CO2 extraction and subcritical extraction methods allow for selective and efficient extraction of bioactive compounds without use of solvents. This is increasing the applications of botanical extracts in industries.

Market Trends

Growing demand for functional foods - Botanical ingredients are increasingly being used in functional foods & beverages for their medicinal and nutritional benefits. Products containing botanical extracts that offer specific health benefits such as weight management, heart health, immunity boosting are gaining traction.

Rising application in natural personal care - The personal care industry is witnessing a major shift towards natural and organic products made from botanical ingredients such as essential oils, herb and plant extracts. They are commonly being used in products like skin care, hair care, cosmetics etc.

Market Opportunities

Increasing penetration in emerging markets - Countries in Latin America, Asia Pacific and Africa currently offer significant untapped potential for botanical suppliers owing to rising health awareness, disposal incomes and changing consumer preferences in these regions.

New product development - Continuous research into botanicals is helping identify new bioactive compounds that can be used across industries for novel application and new product development. This will drive future market demand.

Impact Of COVID-19 On Botanicals Market Growth

The COVID-19 pandemic has significantly impacted the Botanicals Market growth globally. During the initial lockdown phase, demand from end-use industries such as food and beverages, cosmetics, and personal care products declined sharply as manufacturing and distribution activities were disrupted. Supply chain constraints led to higher procurement costs for botanical extracts. However, with rising health awareness among people, demand for herbal and plant-based products increased as immunity boosters. Manufacturers experienced higher demand for botanical extracts with anti-viral and anti-bacterial properties such as ginger, turmeric, aloe vera, ginkgo biloba etc.

As nations eased lockdowns, demand from food and dietary supplement sectors picked up rapidly. During the pandemic, consumers preferred natural and organic food products for nutrition and safety. This boosted botanical applications in functional food and supplements. The nutraceuticals industry also witnessed growth driven by demand for natural remedies. However, cosmetics sector recovery was slower due to discretionary spends downturn.

Going forward, demand from healthcare and wellness segments is expected to drive long-term growth opportunities. Manufacturers are investing in R&D to develop new formulations using botanicals for immunity, antiviral, and antibacterial efficacy. Sustainable sourcing and certifications will gain importance. Companies are likely to enhance digital marketing and e-commerce strategies to reach customers amid geographical supply chain challenges.

Geographical Regions With Major Botanicals Market Concentration

The Asia Pacific region accounted for the largest market share in terms of value, primarily led by China, India and other developing nations. Abundant availability of raw materials and lower production costs have made APAC a major global sourcing hub. Latin American countries such as Brazil and Argentina also contributed significantly led by native plant biodiversity and agricultural commodities exports.

North America and Western Europe were other major regional markets driven by technical applications in pharmaceuticals and personal care sectors. However, demand in these developed markets is shifting more towards premium, natural and organic products categories. Overall, the botanicals industry landscape is concentrated in tropical and agriculturally productive emerging countries with diverse botanical resources.

Fastest Growing Regional Market For Botanicals

The African region is expected to witness the fastest market growth during the forecast period led by Sub-Saharan Africa. Abundant native botanical wealth and low-cost agricultural production provide competitive advantages. Countries like South Africa, Nigeria, Kenya etc. are focusing on developing natural products industries and adopting international certifications to boost exports. Rising health awareness, population growth and urbanization also support demand growth. Innovation in value-added extracts and formulations tailored for African and global markets present lucrative opportunities. favourable government policies, sustainable cultivation practices and partnerships with global market leaders can accelerate African botanicals industry transformation.

Get more insights on this topic: https://www.ukwebwire.com/botanicals-market-is-estimated-to-witness-high-growth-owing-to-anti-aging-and-reduced-side-effects-of-botanical-extracts-usage/

 About Author:

Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)

What Are The Key Data Covered In This Botanicals Market Report?

:- Market CAGR throughout the predicted period

:- Comprehensive information on the aspects that will drive the Botanicals Market's growth between 2024 and 2031.

:- Accurate calculation of the size of the Botanicals Market and its contribution to the market, with emphasis on the parent market

:- Realistic forecasts of future trends and changes in consumer behaviour

:- Botanicals Market Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa

:- A complete examination of the market's competitive landscape, as well as extensive information on vendors

:- Detailed examination of the factors that will impede the expansion of Botanicals Market vendors

FAQ’s

Q.1 What are the main factors influencing the Botanicals Market?

Q.2 Which companies are the major sources in this industry?

Q.3 What are the market’s opportunities, risks, and general structure?

Q.4 Which of the top Botanicals Market companies compare in terms of sales, revenue, and prices?

Q.5 Which businesses serve as the Botanicals Market’s distributors, traders, and dealers?

Q.6 How are market types and applications and deals, revenue, and value explored?

Q.7 What does a business area’s assessment of agreements, income, and value implicate?

*Note: 1. Source: Coherent Market Insights, Public sources, Desk research 2. We have leveraged AI tools to mine information and compile it

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Apricot Oil Products: Understanding Market Dynamics, Size, Share, and Growth Trajectories

The global apricot oil market size is anticipated to reach USD 2,865.7 million by 2030 and is projected to grow at a CAGR of 5.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is being driven by several key factors. The market for apricot oil is being primarily driven by the increasing demand for natural and organic skincare and haircare products. Apricot oil is rich in vitamins and minerals, making it a popular ingredient in cosmetics due to its nourishing and moisturizing properties. Consumers are increasingly seeking natural alternatives to synthetic ingredients, and apricot oil fits this demand as a botanical extract with various beneficial properties for skincare and haircare. This trend is supported by the growing awareness of the potential harmful effects of chemicals found in many conventional beauty products, leading consumers to opt for natural and organic alternatives like apricot oil.

The rise in the popularity of wellness and self-care practices is also contributing to the market growth. As individuals become more conscious about taking care of their overall well-being, the demand for natural and holistic products, including apricot oil, has surged. The oil is considered beneficial for aromatherapy and massage due to its light texture and mild aroma, adding to its appeal in the wellness industry. Additionally, the increased focus on holistic health and wellness has driven the demand for apricot oil as a dietary supplement, as it is rich in essential fatty acids and has potential health benefits when consumed orally.

The expanding application of apricot oil in the food and beverage industry is also propelling market growth. With its light flavor and high smoke point, apricot oil is being used as a healthy cooking oil and in the production of various food products. Its nutritional profile and potential health benefits have garnered attention among health-conscious consumers, leading to its incorporation into a range of food and beverage offerings. As a result, the diverse applications of apricot oil across multiple industries are playing a significant role in driving its market growth.

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Apricot Oil Market Report Highlights

Based on application, the cosmetics segment led the market with the largest revenue share of 40.20% in 2023. Apricot oil's rich composition of vitamins and minerals makes it a sought-after ingredient by beauty and cosmetic companies looking to meet the growing demand for clean, plant-based formulations. Its moisturizing and nourishing properties make it a popular choice in various cosmetics such as creams, lotions, serums, and hair care products. As consumers continue to prioritize health and wellness through their beauty routines, the natural benefits of apricot oil have propelled its prominence in the cosmetics industry, driving a significant share of global revenues in 2023

Based on distribution channel, the online distribution segment is anticipated to grow at the fastest CAGR of 6.1% from 2024 to 2030. The increasing consumer preference for convenience, variety, and accessibility offered by online shopping. As e-commerce platforms continue to expand and improve their offerings, consumers are increasingly inclined to purchase products, including apricot oil, through online channels due to the convenience of doorstep delivery, a wide range of product options, and the ability to compare prices and read reviews. This shift in consumer behavior is expected to drive sustained growth in online sales of apricot oil over the forecast period

The apricot market in Asia Pacific accounted for revenue share of 30.25% in 2023. It is primarily due to the region's large population, increasing consumer awareness about health and wellness, and the growing utilization of apricots in various culinary and cosmetic applications. In addition, the rising disposable incomes in several countries within the region have led to greater consumer spending on premium and healthy products, further fueling the demand for apricots and apricot-based products

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We have segmented the global apricot oil market report based on application, distribution channel, and region.

[priyanshisingh]

Botanical Ingredients Market Forecast and Analysis Report (2023-2032)

The Botanical Ingredients market is projected to grow from USD 185905 million in 2024 to an estimated USD 324227.13 million by 2032, with a compound annual growth rate (CAGR) of 7.2% from 2024 to 2032.

Botanical ingredients, derived from plants and their various parts such as leaves, roots, flowers, seeds, and stems, have gained significant prominence across various industries, including food and beverages, cosmetics, pharmaceuticals, and dietary supplements. These natural components are prized for their rich phytochemical content, which includes vitamins, minerals, antioxidants, and bioactive compounds, offering a wide range of health benefits and functional properties. In the food and beverage industry, botanical ingredients are increasingly used to enhance flavor, provide natural color, and offer health benefits, aligning with the growing consumer demand for clean-label and organic products. For instance, ingredients like turmeric, ginger, green tea, and chamomile are widely incorporated for their anti-inflammatory, digestive, and calming effects.

In the cosmetics and personal care sector, botanical ingredients are at the forefront of the shift towards natural and sustainable beauty products. Plant extracts such as aloe vera, chamomile, calendula, and rosehip oil are celebrated for their soothing, moisturizing, and anti-aging properties, making them key components in skincare and haircare formulations. These ingredients are often marketed as safer, more sustainable alternatives to synthetic chemicals, resonating with environmentally-conscious consumers who seek products that are gentle on the skin and the planet.

The pharmaceutical and nutraceutical industries also heavily rely on botanical ingredients due to their therapeutic potential. Many plants have been used in traditional medicine for centuries, and modern research continues to validate their efficacy in treating and preventing various health conditions. Ingredients like echinacea, ginseng, and ashwagandha are recognized for their immune-boosting, adaptogenic, and stress-relieving properties, making them popular in supplements aimed at enhancing overall well-being. The global shift towards holistic and preventive health care further drives the demand for botanical ingredients, as consumers increasingly turn to natural remedies and supplements to maintain health and prevent disease.

The Botanical Ingredients market is characterized by dynamic factors that shape its growth, demand, and overall trajectory across various industries. These dynamics include drivers, challenges, opportunities, and trends that influence the market's evolution. Here’s an in-depth look at the key dynamics of the Botanical Ingredients market:

Market Drivers:

Rising Consumer Preference for Natural and Organic Products:

Consumers are increasingly gravitating towards products labeled as natural, organic, and free from synthetic chemicals. This shift is driven by a growing awareness of the potential health risks associated with synthetic ingredients and a desire for cleaner, safer alternatives. Botanical ingredients, derived from plants and perceived as more healthful and environmentally friendly, are in high demand across sectors like food and beverages, cosmetics, and nutraceuticals.

Growing Health and Wellness Trends:

The global emphasis on health and wellness has significantly boosted the demand for botanical ingredients, especially in dietary supplements and functional foods. Ingredients like turmeric, echinacea, and green tea, known for their health-promoting properties, are increasingly incorporated into products aimed at boosting immunity, improving digestion, and enhancing overall well-being.

Increase in Research and Development:

Advances in botanical research are unlocking new potential uses and benefits of plant-based ingredients, driving innovation in product formulations. The ability to identify, extract, and concentrate specific phytochemicals has led to the development of more effective and potent botanical ingredients, further fueling their adoption in various industries.

Regulatory Support and Approvals:

Many regulatory bodies worldwide are recognizing the safety and efficacy of botanical ingredients, providing guidelines and approvals that support their use in consumer products. This regulatory support, combined with increasing scientific validation, is bolstering consumer confidence and driving market growth.

Market Challenges:

Supply Chain and Sourcing Issues:

The botanical ingredients market faces significant challenges related to the sourcing and supply of raw materials. Many botanical ingredients are sourced from specific regions with unique growing conditions, making the supply chain vulnerable to disruptions from environmental factors, geopolitical issues, and fluctuating demand. Ensuring consistent quality and supply of botanical ingredients can be challenging for manufacturers.

Complex Regulatory Environment:

Despite growing regulatory support, the botanical ingredients market is still subject to complex and varying regulations across different regions. Navigating these regulatory requirements can be challenging, particularly for companies operating in multiple markets. Ensuring compliance with safety, quality, and labeling standards is crucial but can be a significant hurdle.

Quality Control and Standardization:

Ensuring the quality and consistency of botanical ingredients is a critical challenge. Variability in plant sources, extraction methods, and processing can lead to differences in the potency and efficacy of botanical ingredients. Standardizing these ingredients to meet industry and regulatory standards is essential for maintaining product integrity and consumer trust.

Competition from Synthetic Alternatives:

While there is a strong demand for natural ingredients, botanical products often face competition from synthetic alternatives that may offer cost advantages or more consistent quality. Synthetic ingredients can sometimes replicate the functional properties of botanicals at a lower cost, posing a challenge for the botanical ingredients market.

Market Opportunities:

Expansion into Emerging Markets:

Emerging markets, particularly in Asia-Pacific and Latin America, present significant growth opportunities for botanical ingredients. As disposable incomes rise and consumers in these regions become more health-conscious, the demand for natural and organic products is expected to increase, providing new avenues for market expansion.

Innovation in Extraction and Processing Technologies:

Advances in extraction and processing technologies offer opportunities to enhance the quality, potency, and sustainability of botanical ingredients. Techniques like supercritical CO2 extraction, cold-press extraction, and green chemistry are being developed to maximize the yield and efficacy of bioactive compounds while minimizing environmental impact.

Sustainable and Ethical Sourcing Initiatives:

There is a growing consumer demand for products that are not only natural but also ethically sourced and environmentally sustainable. Companies that invest in sustainable sourcing practices, such as fair trade and organic farming, can differentiate themselves in the market and appeal to a broader audience. Transparent supply chains and traceability of ingredients are increasingly important for consumer trust.

Personalization and Customization Trends:

The trend towards personalized health and wellness products presents an opportunity for botanical ingredients. Customized supplements, skincare, and food products that cater to individual needs and preferences are gaining popularity. Botanical ingredients can be tailored to specific health goals, such as stress relief, energy boosting, or skin health, creating new niche markets.

Market Trends:

Rise of Functional Foods and Beverages:

The functional food and beverage market is a major growth area for botanical ingredients. Consumers are increasingly seeking products that offer health benefits beyond basic nutrition. Botanicals like adaptogens, antioxidants, and anti-inflammatories are being incorporated into a wide range of foods and drinks, from teas and smoothies to snack bars and fortified waters.

Growing Popularity of Clean Label Products:

Clean label is a significant trend driving the botanical ingredients market. Consumers are scrutinizing product labels more closely, seeking ingredients they recognize and trust. Botanical ingredients align with the clean label movement, offering natural, minimally processed options that meet consumer demands for transparency and simplicity.

Increased Focus on Mental Wellness:

With rising awareness of mental health, botanical ingredients known for their adaptogenic and calming properties are gaining popularity. Ingredients like ashwagandha, valerian root, and chamomile are increasingly used in products aimed at reducing stress, improving sleep, and enhancing mood, reflecting the growing consumer focus on mental wellness.

Integration with Biotechnology:

Biotechnology is playing an increasingly important role in the development of botanical ingredients. Techniques such as plant cell culture, fermentation, and genetic modification are being explored to enhance the production and effectiveness of botanical ingredients. These innovations could lead to more sustainable and potent botanical products, expanding their applications.

Key Player Analysis:

Archer Daniels Midland Company

Bell Flavors & Fragrances

Berje, Inc.

Botanical Ingredients Ltd.

Döhler GmbH

DSM

Givaudan

Indesso

International Flavors& Fragrances Inc.

Koninklijke DSM NV

Koninklijke Euroma BV

Lipoid Kosmetic AG

Martin Bauer Group

Nutrasorb LLC.

Prakruti Sources Pvt. Ltd.

Rutland Biodynamics Ltd.

The Green Labs LLC

The Herbarie at Stoney Hill Farm, Inc.

Umalaxmi Organics Pvt. Ltd.

More About Report- https://www.credenceresearch.com/report/botanical-ingredients-market

The Botanical Ingredients market is highly competitive, characterized by the presence of numerous players ranging from large multinational corporations to small and medium-sized enterprises (SMEs). These companies compete on various factors such as product quality, innovation, price, and the ability to meet evolving consumer demands for natural, sustainable, and ethically sourced ingredients. Below is a competitive analysis of the Botanical Ingredients market, highlighting key players, market strategies, and competitive dynamics:

Market Strategies:

Sustainability and Ethical Sourcing:

Many companies in the botanical ingredients market prioritize sustainability and ethical sourcing as key differentiators. This involves working directly with farmers, implementing fair trade practices, and ensuring that ingredients are sourced from environmentally responsible sources. Companies like DSM and Givaudan have strong sustainability initiatives, which help build brand trust and appeal to eco-conscious consumers.

Innovation and R&D Investment:

Innovation is critical in the botanical ingredients market, with companies investing heavily in research and development to create new extracts, improve the efficacy of existing products, and discover novel applications for botanicals. Firms like Indena and Naturex focus on scientific research to back their products with clinical evidence, providing a competitive advantage in terms of product credibility and marketability.

Strategic Partnerships and Collaborations:

Companies often engage in strategic partnerships and collaborations to enhance their market presence and product offerings. For example, botanical ingredient suppliers may partner with food and beverage companies, cosmetic brands, or pharmaceutical firms to co-develop products or provide customized solutions. These collaborations can also involve joint R&D efforts or shared sustainability initiatives.

Global Expansion and Market Penetration:

To capture a larger share of the growing global demand for botanical ingredients, companies are expanding their presence in emerging markets, such as Asia-Pacific and Latin America. These regions present significant growth opportunities due to rising disposable incomes, increasing health awareness, and growing demand for natural products. Companies like Givaudan and DSM have been actively expanding their operations and distribution networks in these regions.

Product Diversification:

To remain competitive, companies are diversifying their product portfolios to cater to various industries, including food and beverages, nutraceuticals, pharmaceuticals, and personal care. This diversification allows companies to reduce risk and capitalize on multiple revenue streams. For example, botanical ingredients used in dietary supplements can also be adapted for use in functional foods or cosmetics, expanding market reach.

Competitive Dynamics:

Fragmented Market with Intense Competition:

The botanical ingredients market is highly fragmented, with numerous players ranging from large multinational corporations to small, specialized firms. This fragmentation leads to intense competition, particularly in terms of pricing, product quality, and innovation. Smaller companies often compete by offering niche products or specialized services, while larger firms leverage their global reach and R&D capabilities.

Consumer Demand for Transparency and Clean Label:

The growing consumer demand for transparency, clean labels, and natural ingredients has intensified competition in the botanical ingredients market. Companies are increasingly focusing on providing clear, traceable information about the sourcing and processing of their ingredients to meet consumer expectations. This trend is pushing companies to improve their supply chain transparency and product labeling practices.

Regulatory Compliance as a Barrier to Entry:

The complex regulatory environment governing botanical ingredients can act as a barrier to entry for new players. Established companies with experience navigating these regulations have a competitive advantage, as they can ensure compliance with safety, quality, and labeling standards across different regions. However, this also means that companies must continually adapt to changing regulations, which can be resource-intensive.

Price Sensitivity and Cost Pressures:

Price sensitivity is a significant factor in the botanical ingredients market, particularly for consumers in emerging markets. While there is a strong demand for high-quality, natural products, cost remains a key consideration. Companies must balance the need for sustainability and quality with competitive pricing strategies to maintain market share, which can be challenging given the costs associated with ethical sourcing and production.

Technological Advancements Driving Competition:

Technological advancements in extraction, processing, and formulation are driving competition in the botanical ingredients market. Companies that can leverage these technologies to enhance the quality, potency, and sustainability of their ingredients are better positioned to compete. This includes the use of green chemistry, advanced extraction methods like supercritical CO2 extraction, and biotechnology applications in botanical production.

Segmentation:

By Ingredient:

Herbal Extracts,

Essential Oils,

Plant-Based Powders,

Tablets

By Form:

Powders,

Liquids,

Capsules,

By Application:

Dietary Supplements,

Personal Care Products,

Functional Foods,

Pharmaceuticals

By End User:

Individual Consumers,

Healthcare Providers,

The Food and Beverage Industry.

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[industryforecastnews]

Middle East Complementary And Alternative Medicine Market To Reach USD 51.40 Billion By 2030

Middle East Complementary And Alternative Medicine Market Growth & Trends 

The Middle East complementary and alternative medicine market size is expected to reach USD 51.40 billion by 2030, expanding at a CAGR of 22.77% from 2024 to 2030, according to a new report by Grand View Research, Inc. Complementary and alternative medicines (CAM) include remedies or treatments that are used instead of or as supplements with conventional allopathic treatments. The various types of complementary and alternative medicines include remedies based on traditional alternative medicine & botanicals, mind-healing techniques, body-healing therapies, external energy, and sensory healing. 

The Middle Eastern region and its cultures offer lucrative opportunities to players in the complementary and alternative medicine market, owing to a history of commonly practiced spiritual healing techniques and herbal medicine, such as Unani, for the treatment of several disorders. As a result, traditional practitioners are a vital part of disease management in the region. Traditional alternative medicines and botanicals include naturopathic medicine, traditional Chinese medicine, and traditional Arabic medicine. 

Due to the increasing burden of chronic diseases and the rising popularity of alternative medicines, several new healing centers are being launched in this space in the Middle East. For instance, in July 2021, the Lootah Group of Companies, in partnership with Kerala's Santhigiri Group, launched the Santhigiri Holistic Healthcare Centre in Dubai, which offers a range of complementary and alternative medicine varieties such as acupuncture, homeopathy, chiropractic, and yoga. Such centers are likely to boost the market over the forecast period. 

The Middle East region has witnessed significant social and economic impact due to the coronavirus pandemic. The government authorities in this region are keen on promoting the use of traditional alternatives in COVID-19 treatment, however, it is imperative to cater to the conventional research standards devised for all the other drug candidates. In addition, in the recent past, WHO has also acknowledged and stated that CAM exhibits several benefits, that may assist in the effective, safe, and maximum at-home management of COVID-19 symptoms. 

Furthermore, an increase in the geriatric population in the region is expected to boost the market growth in the region. According to WHO, in 2050, 80% of older people (above 60) will be living in low- and middle-income countries. Commonly, older people are increasingly choosing CAM treatments, especially acupuncture, herbal products, bloodletting, medical massage, cauterization, and religious rituals. In addition, certain disease conditions such as back pain, insomnia, Alzheimer’s disease, and colds are associated with the use of complementary and alternative medicine among older people. 

On the other hand, key challenges faced by the Middle Eastern population using complementary and alternative medicine, are the lack of well-documented data pertaining to the efficacy of CAM therapeutic interventions, lack of robust support from doctors, physicians, and professionals toward incorporation of CAM in conventional treatment options, and fewer number of CAM training programs. However various conferences are being held in the region on complementary and alternative medicine to overcome the challenges associated to CAM therapies. For instance, CAM therapies 2022 conference organized by Pulsus is scheduled on the fifth and sixth of December in Dubai, UAE. Such platforms in the region are helping to share, promote and encourage advancements in complementary & alternative medicine.

Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/middle-east-integrative-health-complementary-alternative-medicine-market

Middle East Complementary And Alternative Medicine Market Report Highlights

By intervention, the traditional alternative medicine and botanicals segment held the dominant share owing to a history of commonly practiced spiritual healing techniques and herbal medicine, such as Unani, for the treatment of several disorders

By application, the stress, anxiety, and depression segment dominates the market in 2023. Due to the rapid increase in lifestyle-associated changes, growing geopolitical pressures, and the resultant rise in mental health-associated conditions in the region

By distribution channel, the direct distribution segment held a larger share in 2023. This is attributed to the high rates of self-prescribed use of complementary and alternative medicine products, particularly botanicals and traditional medicines

Saudi Arabia dominated the global market in 2023 due to the growing popularity of CAM coupled with the presence of government bodies is expected to drive market growth in Saudi Arabia

The UAE is projected to grow considerably in the future due to the increasing popularity of CAM in the country. For instance, according to a survey conducted by DHCC (Dubai Healthcare City), around 48% of the country’s people tried CAM and around 55% were happy with the results 

Middle East Complementary And Alternative Medicine Market Segmentation

Grand View Research has segmented the Middle East complementary and alternative medicine market based on intervention, application, distribution channel, and region:

Middle East Complementary And Alternative Medicine Intervention Outlook (Revenue, USD Million, 2018 - 2030)

Traditional Alternative Medicine/Botanicals

Ayurveda

Traditional Arabic medicine

Naturopathic medicine

Homeopathy

Others

Mind Healing

Transcendental meditation

Neuro-linguistic programming

Others

Body Healing

Yoga

Chiropractic

Acupuncture

Kinesiology

Reflexology

Others

External Energy

Electromagnetic therapy

Reiki

Chakra

Sensory Healing

Aromatherapy

Sound Healing

Middle East Complementary And Alternative Medicine Application Outlook (Revenue, USD Million, 2018 - 2030)

Stress, Anxiety, and Depression

Cardiovascular Diseases’

Diabetes

Obesity

Infertility

Others

Middle East Complementary And Alternative Medicine Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

Direct Distribution

E-Distribution

Middle East Complementary And Alternative Medicine Regional Outlook (Revenue, USD Million, 2018 - 2030)

Middle East

Saudi Arabia

South Africa

Egypt

UAE

Israel

Oman

Kuwait

Qatar

Bahrain

List of Key Players in Middle East Complementary And Alternative Medicine Market

Arab Yoga Foundation

Soul Warrior

Sukoon Yoga Center

Halo Aura

InTouch Clinic

Landmark Fitness Limited

Osana

Erada Center for Treatment and Rehab

Bluetreelinics.com

House of Nature Medical Center LLC

Zen Yoga

Earthy Center

German Medical Center FZ-LLC

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/middle-east-integrative-health-complementary-alternative-medicine-market  

[pricedaniel238]

Dietary Supplements Market Growth, Segmentation, and Forecast Analysis for the period from 2024 to 2033

The dietary supplements market has grown significantly over the past decade, driven by an increasing awareness of health and wellness, a growing aging population, and the rise in lifestyle-related diseases. Dietary supplements, which include vitamins, minerals, proteins, amino acids, botanicals, and other nutritional ingredients, are intended to supplement the diet and provide essential nutrients…

[rakshasns]

Dietary Supplements Market Size, Status and Forecast 2023 - 2030

Dietary Supplements  to Reach USD 316.53 Billion by 2030, Growing at a CAGR of 8.5%

Global Dietary Supplements  Size, Share, and Forecast Report 2023-2030

Introduction

As health and wellness continue to become top priorities for consumers around the world, the dietary supplements  is experiencing significant growth. The Dietary Supplements Market size was valued at USD 164.81 billion in 2022, and with a projected compound annual growth rate (CAGR) of 8.5%, the  is expected to reach USD 316.53 billion by 2030.

This press release highlights key  drivers, emerging trends,  segmentation, and regional insights into the rapidly expanding global dietary supplements , along with a forecast for its continued growth through 2030.

 Drivers and Growth Factors

Several factors are contributing to the impressive growth of the dietary supplements :

Rising Health Consciousness: Consumers are increasingly adopting healthier lifestyles and focusing on preventive healthcare measures. This shift has led to a growing demand for dietary supplements that support overall well-being, immunity, cognitive function, and weight management.

Aging Population: The global population is aging, and older adults are seeking products that support healthy aging, bone and joint health, and cardiovascular wellness. Dietary supplements that cater to these specific health needs are in high demand.

Increased Awareness of Nutritional Deficiencies: Consumers are becoming more aware of the importance of addressing nutritional gaps in their diets. Busy lifestyles, inadequate nutrition, and dietary restrictions are prompting individuals to turn to supplements as a convenient way to meet their nutritional needs.

Growth in E-commerce Channels: The rise of online retail and e-commerce platforms has made dietary supplements more accessible to a global consumer base. Digital ing and direct-to-consumer sales have empowered consumers to easily purchase supplements tailored to their individual health needs.

Government Initiatives and Recommendations: Government campaigns that promote healthy lifestyles and dietary guidelines are encouraging consumers to adopt supplements as part of their daily nutrition. Additionally, favorable regulations surrounding the use of dietary supplements have boosted consumer confidence.

 Segmentation

The global dietary supplements  can be segmented by ingredient, form, application, end-user, distribution channel, and region.

By Ingredient:

Vitamins: Vitamins continue to be the most popular category of dietary supplements, particularly vitamins C, D, and multivitamins, which are known to support immune health, bone strength, and overall well-being.

Minerals: Minerals such as calcium, magnesium, and iron are essential for various bodily functions, including bone health and energy production. These supplements are particularly important for individuals with specific nutritional deficiencies.

Botanicals: Plant-based ingredients such as turmeric, echinacea, and ashwagandha are gaining popularity due to their natural and holistic benefits. Consumers are increasingly turning to herbal supplements to support inflammation reduction, stress management, and cognitive function.

Probiotics: Probiotic supplements are increasingly used for digestive and gut health, contributing to the overall well-being of consumers.

Proteins and Amino Acids: Sports nutrition and fitness enthusiasts are driving demand for protein supplements, which are essential for muscle repair, growth, and recovery.

By Form:

Tablets: Tablets are the most common form of dietary supplements due to their ease of use, long shelf life, and ability to deliver precise doses of vitamins and minerals.

Capsules: Capsules offer an alternative to tablets and are preferred by consumers who may find them easier to swallow or absorb.

Powders: Powdered supplements are popular among sports and fitness enthusiasts as they can be easily mixed with liquids or smoothies.

Gummies: Gummies are gaining popularity, especially among younger consumers and children, for their palatable taste and convenience.

Liquids: Liquid supplements are favored by those who prefer quick absorption or have difficulty swallowing pills.

By Application:

Energy and Weight Management: Supplements targeting energy boosts, metabolism enhancement, and weight management are increasingly in demand as consumers look for natural ways to stay active and maintain a healthy weight.

General Health and Wellness: Multivitamins and mineral supplements continue to be popular for overall health maintenance and nutritional balance.

Bone and Joint Health: Supplements containing calcium, vitamin D, and glucosamine are particularly sought after by older consumers and individuals looking to support bone strength and joint mobility.

Immunity: With the growing awareness of the importance of a robust immune system, supplements targeting immune health—such as those containing vitamin C, zinc, and elderberry—are in high demand.

By End-User:

Adults: The adult segment represents the largest consumer base for dietary supplements, driven by the need for overall health support, energy, and weight management.

Children: Supplements tailored to children, such as multivitamins and immunity boosters, are also gaining traction as parents focus on providing balanced nutrition.

Pregnant Women: Prenatal supplements, particularly those containing folic acid, iron, and DHA, are essential for supporting maternal health and fetal development.

Geriatrics: As the global population ages, the demand for supplements that address age-related health concerns, such as bone health, cognitive function, and cardiovascular wellness, is expected to rise.

By Distribution Channel:

Pharmacies and Drug Stores: Pharmacies remain a primary distribution channel for dietary supplements due to the availability of professional advice and trusted recommendations.

Supers and Hypers: Supers offer a wide variety of supplements, catering to health-conscious consumers who are looking for convenience and accessibility.

E-commerce: The e-commerce channel is experiencing rapid growth as consumers increasingly turn to online platforms for their supplement needs. The convenience of home delivery and access to a broader range of products have boosted online sales.

Specialty Stores: Specialty health and wellness stores continue to cater to a niche audience seeking organic, natural, and high-quality supplements.

Regional Outlook

North America: North America holds the largest share of the global dietary supplements , driven by the region’s high levels of health awareness, aging population, and well-established healthcare infrastructure. The U.S. dominates this  due to a strong focus on preventive healthcare and the widespread adoption of supplements.

Europe: Europe is the second-largest  for dietary supplements, with countries like Germany, the U.K., and France leading the way. European consumers are highly health-conscious and often seek natural, plant-based supplements. Regulatory frameworks in the region ensure product safety and quality, boosting consumer confidence.

Asia-Pacific: The Asia-Pacific region is expected to witness the fastest growth during the forecast period, driven by rising disposable incomes, increasing health awareness, and the growing adoption of Western dietary habits. Countries such as China, Japan, and India are seeing significant demand for supplements that cater to immunity, weight management, and overall wellness.

Latin America and Middle East & Africa: These regions are emerging s for dietary supplements, with increasing urbanization, rising health consciousness, and expanding access to healthcare driving demand. Brazil and South Africa are among the key growth areas.

Trends Shaping the Future of the Dietary Supplements

Clean Label and Natural Ingredients: Consumers are increasingly seeking dietary supplements made from natural and organic ingredients, free from artificial additives and preservatives. This clean label trend is reshaping the  as companies adapt to meet these preferences.

Personalized Nutrition: Advances in genomics and biotechnology are enabling the development of personalized supplements tailored to an individual’s unique genetic makeup, lifestyle, and health goals. This trend is expected to revolutionize the dietary supplements .

Plant-Based and Vegan Supplements: As plant-based diets continue to gain popularity, there is growing demand for plant-based and vegan supplements that cater to consumers seeking cruelty-free and environmentally friendly products.

Innovation in Delivery Formats: To cater to consumer preferences, companies are innovating with new supplement delivery formats, including fast-dissolving tablets, flavored powders, and on-the-go gummies.

Key  Players

Several key players are leading the growth of the dietary supplements , including:

Abbott Laboratories

Herbalife Nutrition Ltd.

Amway Corp.

GNC Holdings, Inc.

Nature’s Bounty Co.

These companies are focused on expanding their product portfolios, developing innovative formulations, and strengthening their presence across global s.

Conclusion

The global dietary supplements  is poised for significant growth over the coming years, driven by increasing health consciousness, rising disposable incomes, and a growing interest in preventive healthcare. With a projected CAGR of 8.5% from 2023 to 2030, the  is expected to reach USD 316.53 billion by 2030, offering ample opportunities for innovation and expansion in the health and wellness industry.

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[giresearch]

Global Kratom Extract Market [2024-2030] | Market Size, Growth, Dynamics and Trends

Global Info Research’s  report offers key insights into the recent developments in the global Kratom Extract market that would help strategic decisions. It also provides a complete analysis of the market size, share, and potential growth prospects. Additionally, an overview of recent major trends, technological advancements, and innovations within the market are also included.Our report further provides readers with comprehensive insights and actionable analysis on the market to help them make informed decisions. Furthermore, the research report includes qualitative and quantitative analysis of the market to facilitate a comprehensive market understanding.This Kratom Extract research report will help market players to gain an edge over their competitors and expand their presence in the market.

Kratom is a tropical tree native to Southeast Asia. Kratom extract is a dietary supplement that may make people feel energized or relaxed. According to our (Global Info Research) latest study, the global Kratom Extract market size was valued at US$ 148 million in 2023 and is forecast to a readjusted size of USD 274 million by 2030 with a CAGR of 7.6% during review period. The core manufacturers in global Kratom Extract market are MIT45, VivaZen and Happy Hippo, etc, accounting for 43% market share. MIT45 is the world's largest Kratom Extract manufacturer, occupying approximately 26% of the market share. From the perspective of product type, Liquid accounted for a share of 32% in the global Kratom Extract market. In terms of channel, Offline holds the largest share, accounting for 64% share. This report is a detailed and comprehensive analysis for global Kratom Extract market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Channel. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

We have conducted an analysis of the following leading players/manufacturers in the Kratom Extract industry: VivaZen、MIT45、Kats Botanicals、Kratomade、DBZ Enterprises (K-Chill, Kryptic)、Kraken Kratom、Super Speciosa、Kr8om、Happy Hippo Market segment by Type： Powder、Liquid、Capsules、Gummies、Other Market segment by Application： Report analysis: The Kratom Extract report encompasses a diverse array of critical facets, comprising feasibility analysis, financial standing, merger and acquisition insights, detailed company profiles, and much more. It offers a comprehensive repository of data regarding marketing channels, raw material expenses, manufacturing facilities, and an exhaustive industry chain analysis. This treasure trove of information equips stakeholders with profound insights into the feasibility and fiscal sustainability of various facets within the market. Illuminates the strategic maneuvers executed by companies, elucidates their corporate profiles, and unravels the intricate dynamics of the industry value chain. In sum, the Kratom Extract report delivers a comprehensive and holistic understanding of the markets multifaceted dynamics, empowering stakeholders with the knowledge they need to make informed decisions and navigate the market landscape effectively. Conducts a simultaneous analysis of production capacity, market value, product categories, and diverse applications within the Kratom Extract market. It places a spotlight on prime regions while also performing a thorough examination of potential threats and opportunities, coupled with an all-encompassing SWOT analysis. This approach empowers stakeholders with insights into production capabilities, market worth, product diversity, and the markets application prospects. Assesses strengths, weaknesses, opportunities, and threats, offering stakeholders a comprehensive understanding of the Kratom Extract markets landscape and the essential information needed to make well-informed decisions. Market Size Estimation & Method Of Prediction

Estimation of historical data based on secondary and primary data.

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Request Customization of Report@ https://www.globalinforesearch.com/contact-us About Us: Global Info Research is a company that digs deep into Global industry information to Kratom Extract enterprises with market strategies and in-depth market development analysis reports. We provide market information consulting services in the Global region to Kratom Extract enterprise strategic planning and official information reporting, and focuses on customized research, management consulting, IPO consulting, industry chain research, database and top industry services. At the same time, Global Info Research is also a report publisher, a customer and an interest-based suppliers, and is trusted by more than 30,000 companies around the world. We will always carry out all aspects of our business with excellent expertise and experience.

[articleeee]

Moringa Extract Market is projected to reach $10.65 billion by 2031

Meticulous Research®— leading global market research company, published a research report titled, ‘Moringa Extract Market by Type (Moringa Leaf Extract, Moringa Seed Extract, Moringa Bark Extract, Moringa Root Extract), Form (Powder, Liquid), Application (Food & Beverage, Cosmetics & Personal Care, Pharmaceuticals), and Geography - Global Forecast to 2031.’

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According to this latest publication from Meticulous Research®, the Global Moringa Extract market is projected to reach $10.65 billion by 2031, at a CAGR of 9.8% during the forecast period 2024–2031. The growth of this market is being propelled by factors such as the growing demand for natural & plant-based supplements, increasing health and wellness among consumers, and rising demand for natural and organic ingredients. However, the limited awareness about the benefits and uses of moringa extract and the lack of regulation and quality standards for moringa extract are factors restraining the growth of this market to some extent. The growing interest in moringa extract as a functional ingredient in the food and beverage industry is expected to generate market growth opportunities for the key players operating in this market. Furthermore, rising consumer preference for superfoods is a major trend in the moringa extract market.

Key Players

Some of the key players operating in the global moringa extract market are Medikonda Agro Farms Private Limited (India), Taiyo GmbH (Germany), Sabinsa Corporation (India), Botanic Healthcare Group (India), Phyto Life Sciences Private Limited (India), S.A. Herbal Bioactives LLP (India), Allpure Organics (India), Alpspure Lifesciences Private Limited (India), Himalayan Herbaria Inc. (India), Hunan New Mstar Biotechnology Co., Ltd. (China), Vedaoils Private Limited (India), and Victoriafalls Ingredients Pvt. Ltd (India).

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The global moringa extract market is segmented based on type (moringa leaf extract, moringa seed extract, moringa bark extract, and moringa root extract), by form (powder and liquid), by application (dietary supplements, food & beverage, cosmetics & personal care, pharmaceuticals, and other applications), and geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa). The study also evaluates industry competitors and analyzes the market at the regional and country levels.

Based on type, the global moringa extract market is segmented into moringa leaf extract, moringa seed extract, moringa bark extract, and moringa root extract. In 2024, the moringa leaf extract segment is expected to account for the larger share of the global moringa extract market. The large market share of this segment is attributed to factors such as easy and abundant availability of raw materials and growing demand for moringa leaf extracts in various industries, including dietary supplements, pharmaceuticals, cosmetics, and food and beverages. Moreover, rising awareness about the nutritional and health benefits of moringa leaf extracts, as it is rich in vitamins, minerals, and antioxidants, and the inclination of consumers towards natural and organic food products to maintain health and fitness are further expected to drive the demand for moringa leaf extract across the globe.

Download request sample report here: https://www.meticulousresearch.com/request-sample-report/cp_id=5773?utm_source=article&utm_medium=social&utm_campaign=product&utm_content=06-06-2024

Based on application, the global moringa extract market is segmented into dietary supplements, food & beverage, cosmetics & personal care, pharmaceuticals, and other applications. In 2024, the dietary supplements segment is expected to account for the largest share of the global moringa extract market. The large market share of this segment is attributed to the growing global dietary supplements industry and increasing demand for natural and plant-based ingredients in the dietary supplements industry. Moreover, rising consumer awareness regarding the benefits of moringa-based supplements, increasing consumer focus on health and wellbeing, and increasing focus on preventive healthcare is further expected to drive the growth of the moringa extract market for dietary supplements.

Based on geography, the global moringa extract market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is slated to register the highest CAGR during the forecast period of 2024–2031. The fast growth of this region is mainly attributed to the increasing demand for moringa extracts among several industries due to the rising awareness among consumers regarding the benefits of natural-derived extracts such as moringa. Moreover, factors such as the rapidly growing dietary supplement industry, growing consumer preference for superfoods, increasing health-conscious consumers, increased focus on preventive healthcare, and a growing vegetarian population are further expected to support the high growth of the moringa extract market in North America.

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[health-views-updates]

Antidepressants Market: Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2024 - 2031

The global antidepressants market has witnessed substantial growth in recent years, driven by an increasing prevalence of mental health disorders and a growing awareness of the importance of mental well-being. According to recent statistics, the market size was valued at USD 15.6 billion in 2022 and is projected to reach USD 23.22 billion by 2030, with a compound annual growth rate (CAGR) of 5.1% during the forecast period of 2023-2030. This growth trajectory signifies a promising outlook for the industry, marked by emerging trends, opportunities, key drivers, and challenges.

Emerging Trends and Opportunities:

Personalized Medicine: With advancements in genetic research and pharmacogenomics, there is a growing trend towards personalized medicine in the treatment of mental health disorders. Tailoring antidepressant therapies based on individual genetic makeup and response profiles holds significant promise for improving treatment outcomes and reducing adverse effects.

Digital Therapeutics: The integration of digital technologies such as mobile apps, virtual reality, and artificial intelligence in mental health care is opening up new avenues for the delivery of antidepressant therapies. Digital therapeutics offer scalable, accessible, and cost-effective solutions for managing depression and related conditions, complementing traditional pharmaceutical interventions.

Natural and Alternative Remedies: Increasing consumer interest in holistic approaches to mental wellness has led to a surge in demand for natural and alternative remedies for depression. Botanical supplements, mindfulness practices, and herbal formulations are gaining traction as adjunctive or standalone treatments for mood disorders, presenting opportunities for market players to diversify their product portfolios.

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Key Drivers Propelling Growth:

Rising Prevalence of Depression: The escalating burden of depression and related mental health disorders globally is a primary driver fueling the demand for antidepressant medications. Factors such as stress, lifestyle changes, socioeconomic disparities, and the stigma associated with mental illness contribute to the growing prevalence of depression, driving the need for effective treatment options.

Expanding Geriatric Population: As the population ages, the prevalence of depression among older adults is on the rise, driven by factors such as chronic health conditions, social isolation, and cognitive decline. The increasing geriatric population base, particularly in developed regions, is expected to drive sustained demand for antidepressant therapies tailored to the unique needs of older individuals.

Growing Awareness and Destigmatization: Heightened awareness campaigns, advocacy efforts, and destigmatization initiatives surrounding mental health issues have led to greater recognition and acceptance of depression as a treatable medical condition. This cultural shift towards seeking help and accessing mental health services has contributed to increased diagnosis rates and treatment-seeking behavior, thereby driving market growth.

Challenges and Considerations:

Side Effects and Safety Concerns: While antidepressants are effective in managing depression for many individuals, they are associated with a range of side effects, including nausea, weight gain, sexual dysfunction, and increased suicidal ideation, particularly in younger patients. Addressing safety concerns and improving the tolerability profile of antidepressant medications remain key challenges for the industry.

Access and Affordability: Disparities in access to mental health care and affordability of antidepressant medications pose significant challenges, particularly in low- and middle-income countries. Limited healthcare infrastructure, inadequate insurance coverage, and high out-of-pocket costs often impede access to essential treatment, exacerbating the global burden of depression.

Evolving Regulatory Landscape: The regulatory landscape governing the development, approval, and marketing of antidepressant drugs is subject to evolving standards and requirements, including stringent efficacy and safety assessments. Market players must navigate complex regulatory pathways and ensure compliance with regulatory guidelines to bring innovative therapies to market efficiently.

Key Takeaways from the Market:

Focus on Innovation and R&D: Continued investment in research and development is essential for driving innovation in antidepressant therapies, including the development of novel drug targets, formulations, and delivery systems that improve efficacy, tolerability, and patient adherence.

Integration of Digital Health Solutions: Embracing digital health technologies and integrating them into mental health care delivery can enhance treatment outcomes, patient engagement, and access to care, thereby expanding the reach of antidepressant interventions.

Collaborative Approaches: Collaborations between pharmaceutical companies, research institutions, healthcare providers, and patient advocacy groups are critical for advancing the field of antidepressant therapeutics, fostering knowledge exchange, and addressing unmet needs in depression treatment.

In conclusion, the antidepressants market is poised for steady growth driven by increasing awareness, evolving treatment paradigms, and a growing recognition of the importance of mental health. By capitalizing on emerging trends, addressing key challenges, and fostering innovation, stakeholders can contribute to the development of safe, effective, and accessible antidepressant therapies that improve the lives of millions affected by depression worldwide.

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Food Antioxidants Market Outlook for Forecast Period (2023 to 2030)

The Global Food Antioxidants market was estimated at USD 1.36 billion in 2021, and is anticipated to reach USD 2.05 billion by 2028, growing at a CAGR of 6.01%.

Antioxidants are natural compounds that minimize damage caused owing to oxygen. It is often referred to as a substance that obstructs oxidation it prevents chemical reaction obtained by free radicals that leads to chain reaction thereby damaging the cells of organisms. It aids to neutralize free radicals in our body. The popular antioxidants are vitamin C, vitamin E, and beta carotene which can prevent the damaging effects of oxidation. Owing to their high stability and low volatility, the antioxidants support to maintain the level of nutrients, the color, functionality, taste, freshness, aroma, texture, and appeal to consumers such as the older person, ceteris paribus. Furthermore, antioxidants are not only in food additives but are also to begin in food supplements and levels should be measured, as such, in body tissues and fluids.

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The latest research on the Food Antioxidants market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Food Antioxidants industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Food Antioxidants market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

Leading players involved in the Food Antioxidants Market include:

VDH Chem Tech Pvt Ltd (India), Yasho Industries (India), Nagase Group (Japan), Fooodchem International Corporation (US), Guangzhou ZIO Chemicals Co. Ltd (China), Koninklijke DSM N.V. (Netherlands), Kemin Industries Inc. (the US), DuPont (US), Eastman Chemical Company (US), Frutarom Ltd (Israel), 3A Antioxidants (US) and Other major players. 

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Segmentation of Food Antioxidants Market:

By Type

Natural

Synthetic

By Application

Prepared Foods

Prepared Meat & Poultry

Fats & Oils

Beverages

Bakery 7 Confectionery

Seafood And

Others

By Source

Fruits & Vegetables

Oils

Spices & Herbs

Botanical Extracts

Gallic Acids

Nuts & Seeds

Petroleum

By Form

Dry

Liquid

Market Segment by Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

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Gain insights into the global Food Antioxidants Market Growth 2023-2030 market revenues at global, regional, and national levels until 2030. Assess and strategize market share based on comprehensive analysis, enabling informed decision-making. Identify potential markets for exploration and expansion.

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Access a detailed breakdown of the Food Antioxidants Market Growth 2023-2030 market worldwide, including product variations, use cases, technologies, and final consumers. Allocate resources effectively by anticipating demand patterns for emerging products. Stay ahead in product development by understanding market dynamics and consumer preferences.

3. Strategic Planning for Sales Managers and Market Stakeholders:

Utilize market breakdowns to target specific segments, optimizing sales strategies. Address challenges and capitalize on expansion opportunities highlighted in the report. Mitigate threats effectively with a comprehensive understanding of market risks.

4. Comprehensive Understanding for Executives:

Analyze primary drivers, challenges, restrictions, and opportunities in the global Laboratory Clothes market. Develop effective strategies by gaining insights into market dynamics. Allocate resources based on a thorough understanding of market conditions.

5. Competitive Intelligence:

Obtain a detailed analysis of competitors and their key tactics in the Food Antioxidants Market Growth 2023-2030. Plan market positioning based on a comprehensive understanding of the competitive landscape. Stay ahead by learning from competitors’ strengths and weaknesses.

6. Accurate Business Forecasting:

Evaluate the accuracy of global Food Antioxidants Market Growth 2023-2030 business forecasts across regions, major countries, and top enterprises. Make data-driven decisions with confidence, minimizing risks associated with inaccurate forecasts. Stay ahead of industry trends by aligning business strategies with reliable forecasts.

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[omkarpatel]

Brain Health Supplements Market is Estimated to Witness High Growth Owing to Increasing Prevalence of Age-Related Diseases

Brain health supplements include vitamins, herbs, and other compounds promoted to support cognitive function, promote neuron growth and protect against neurodegeneration. Key products are vitamins such as vitamin B, vitamin C, vitamin D and E and omega-3 fatty acids.

Market Dynamics:

The brain health supplements market is expected to witness significant growth over the forecast period, driven by increasing prevalence of age-related neurodegenerative diseases such as Alzheimer's and dementia. As per a report by the World Health Organization, around 55 million people globally were living with dementia in 2020 alone. By 2030, this number is projected to rise to 78 million as the population ages rapidly. As there is no cure for such conditions, demand for supplements aiming to support brain health, cognitive function and protect neurons is likely to increase substantially. Furthermore, growing consumer awareness about maintaining overall health and adopting preventive healthcare also contributes to market growth. However, lack of scientific clinical evidence supporting the efficacy of some herbal supplements may limit the market to some extent.

Brain Health Supplements Market Drivers

Increasing Aging Population Driving Demand for Cognitive Decline Support

As the average human lifespan increases globally due to advancements in medicine and standards of living, the population of elderly individuals is growing at an unprecedented rate. According to the United Nations, the number of people aged 60 years or over is expected to more than double by 2050 and reach nearly 2.1 billion people worldwide. Elderly individuals are more susceptible to cognitive decline and neurodegenerative conditions like Alzheimer's and dementia. To support brain health and cognitive functions in old age, many are adopting brain health supplements as a preventive healthcare measure.

Rising Prevalence of Stress and Mental Health Issues Fueling Brain Performance Needs

Modern lifestyles with long working hours, information overload, economic uncertainties have made stress and feelings of anxiety quite common. According to the World Health Organization, more than 264 million people of all ages suffer from depression globally. Long-term stress is linked to negative impacts on brain functions like memory, learning and decision making. Brain health supplements containing ingredients like vitamins, minerals, omega-3 fatty acids and botanical extracts are being consumed to help manage stress levels and support mental well-being.

Brain Health Supplements Market Restrain

Stringent Regulations for Product Claims and Ingredient Safety

Dietary supplements fall under a different regulatory framework than pharmaceutical drugs. However, various regulatory bodies have introduced stringent norms regarding the types of claims supplement brands can make about product effectiveness and ingredient safety. The FDA regularly monitors the supplement industry and takes corrective actions against false or misleading labels. Complying with periodic changes in regulations involves additional expenses for companies. It also limits the range of high-potency formulas they can develop and bring to the market. This regulatory scrutiny acts as a dampener for the overall market growth.

Brain Health Supplements Market Opportunity

Growth of Online Retailing and E-commerce Platforms

The evolution of e-commerce has provided a massive growth opportunity for all types of supplement brands to reach wider geographical customer bases. Various global online retailers have expanded their product portfolio to include brain health supplements. Through targeted digital marketing campaigns and consumer reviews/recommendations, online platforms help boost supplement awareness, credibility and sales. The convenience of home delivery offers added benefits to time-pressed consumers. Going forward, the rising internet and smartphone penetration worldwide will drive further growth in the online sales of brain health products.

Brain Health Supplements Market Trends

Increasing Focus on Natural and Plant-Based Ingredients

Consumers are demonstrating a strong preference for natural formulations with clinically validated botanical and plant-based ingredients over synthetic components. Industry research also indicates the safety and effectiveness of many plant extracts for brain health. This is leading to innovative product development focused on superfoods, adaptogens, nootropics and herbal combinations. For example, supplements containing Bacopa monnieri, Rhodiola rosea, Ginkgo biloba extract, turmeric and cogn booster blends. The trend underscores an important market shift towards preventive healthcare solutions sourced from nature.

Brain health supplements include vitamins, herbs, and other compounds promoted to support cognitive function, promote neuron growth and protect against neurodegeneration. Key products are vitamins such as vitamin B, vitamin C, vitamin D and E and omega-3 fatty acids.

Market Dynamics:

The brain health supplements market is expected to witness significant growth over the forecast period, driven by increasing prevalence of age-related neurodegenerative diseases such as Alzheimer's and dementia. As per a report by the World Health Organization, around 55 million people globally were living with dementia in 2020 alone. By 2030, this number is projected to rise to 78 million as the population ages rapidly. As there is no cure for such conditions, demand for supplements aiming to support brain health, cognitive function and protect neurons is likely to increase substantially. Furthermore, growing consumer awareness about maintaining overall health and adopting preventive healthcare also contributes to market growth. However, lack of scientific clinical evidence supporting the efficacy of some herbal supplements may limit the market to some extent.

Brain Health Supplements Market Drivers

Increasing Aging Population Driving Demand for Cognitive Decline Support

As the average human lifespan increases globally due to advancements in medicine and standards of living, the population of elderly individuals is growing at an unprecedented rate. According to the United Nations, the number of people aged 60 years or over is expected to more than double by 2050 and reach nearly 2.1 billion people worldwide. Elderly individuals are more susceptible to cognitive decline and neurodegenerative conditions like Alzheimer's and dementia. To support brain health and cognitive functions in old age, many are adopting brain health supplements as a preventive healthcare measure.

Rising Prevalence of Stress and Mental Health Issues Fueling Brain Performance Needs

Modern lifestyles with long working hours, information overload, economic uncertainties have made stress and feelings of anxiety quite common. According to the World Health Organization, more than 264 million people of all ages suffer from depression globally. Long-term stress is linked to negative impacts on brain functions like memory, learning and decision making. Brain health supplements containing ingredients like vitamins, minerals, omega-3 fatty acids and botanical extracts are being consumed to help manage stress levels and support mental well-being.

Brain Health Supplements Market Restrain

Stringent Regulations for Product Claims and Ingredient Safety

Dietary supplements fall under a different regulatory framework than pharmaceutical drugs. However, various regulatory bodies have introduced stringent norms regarding the types of claims supplement brands can make about product effectiveness and ingredient safety. The FDA regularly monitors the supplement industry and takes corrective actions against false or misleading labels. Complying with periodic changes in regulations involves additional expenses for companies. It also limits the range of high-potency formulas they can develop and bring to the market. This regulatory scrutiny acts as a dampener for the overall market growth.

Brain Health Supplements Market Opportunity

Growth of Online Retailing and E-commerce Platforms

The evolution of e-commerce has provided a massive growth opportunity for all types of supplement brands to reach wider geographical customer bases. Various global online retailers have expanded their product portfolio to include brain health supplements. Through targeted digital marketing campaigns and consumer reviews/recommendations, online platforms help boost supplement awareness, credibility and sales. The convenience of home delivery offers added benefits to time-pressed consumers. Going forward, the rising internet and smartphone penetration worldwide will drive further growth in the online sales of brain health products.

Brain Health Supplements Market Trends

Increasing Focus on Natural and Plant-Based Ingredients

Consumers are demonstrating a strong preference for natural formulations with clinically validated botanical and plant-based ingredients over synthetic components. Industry research also indicates the safety and effectiveness of many plant extracts for brain health. This is leading to innovative product development focused on superfoods, adaptogens, nootropics and herbal combinations. For example, supplements containing Bacopa monnieri, Rhodiola rosea, Ginkgo biloba extract, turmeric and cogn booster blends. The trend underscores an important market shift towards preventive healthcare solutions sourced from nature.

[ama2024]

https://www.advancemarketanalytics.com/reports/74816-global-plant-extracts-market

Why Plant Extracts Market May See Robust Growth Rate in Years to Come?

Advance Market Analytics released a new market study on Global Plant Extracts Market Research report which presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates for Global Plant Extracts Forecast till 2029*.

Plant extract is a substance with desirable properties that is removed from the tissue of different parts of the plant, usually by treating it with a solvent to be used for a particular purpose. Plant extraction is process of extracting certain components present in the plants. These extract may be used in various sectors of activities such as food and functional properties for foodstuffs, processing aids, additives-chemical replacers, pharmaceutical use, cosmetic use and others. On 10th July 2018, Sensient Technologies has announced that it has acquired Vancouver based Mazza Innovation Limited, a global leader in botanical extraction technology, for an undisclosed amount. This acquisition is a major step in the evolution of Sensient’s ‘seed to shelf’ strategy to innovate across the value chain for natural and organic ingredients.

Key Players included in the Research Coverage of Plant Extracts Market are:

Givaudan (Switzerland), Sensient Technologies (United States), Symrise AG (Germany), Kangcare Bioindustry Co., Ltd. (China), PT. Indesso Aroma (Indonesia), PT. Haldin Pacific Semesta (Indonesia), Vidya Herbs Private Limited (India), Native Extracts Pty. Ltd. (Australia), Shaanxi Jiahe Phytochem Co., Ltd. (Jiaherb, Inc.) (China), Synthite Industries Private Ltd. (India)

What's Trending in Market: Changing Buying Behavior of the Consumers

Challenges: Availability of Substitutes in Cheaper Rates

Opportunities: Increasing Applications of Plant Extracts in Various Industries Increased Use of Plant Extracts in Cosmetic Products Growth in the E-Commerce Industry

Market Growth Drivers: Increased Demand for Plant Extract Based Products Growing Awareness about the Side Effects of Synthetic Products Health Benefits of the Plant Extract Based Products

The Global Plant Extracts Market segments and Market Data Break Down by Type (Spices, Essential Oils, Flavors and Fragrances, Phytomedicines and Herbal Extracts), Application (Pharmaceutical and Dietary Supplements, Food and Beverages, Cosmetics, Others (Personal Care Products and Toiletries)), Source (Leaves, Fruits)

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To comprehend Global Plant Extracts market dynamics in the world mainly, the worldwide Plant Extracts market is analyzed across major global regions. AMA also provides customized specific regional and country-level reports for the following areas.

• North America: United States, Canada, and Mexico.

• South & Central America: Argentina, Chile, Colombia and Brazil.

• Middle East & Africa: Saudi Arabia, United Arab Emirates, Israel, Turkey, Egypt and South Africa.

• Europe: United Kingdom, France, Italy, Germany, Spain, Belgium, Netherlands and Russia.

• Asia-Pacific: India, China, Japan, South Korea, Indonesia, Malaysia, Singapore, and Australia.

[chemicalresearchupdates]

Dietary Supplements Market Landscape: Regional Perspectives and Market Segmentation

Dietary supplements are products intended to supplement the diet that contain one or more dietary ingredients such as vitamins, minerals, herbs, amino acids, or other botanicals. The dietary supplement industry has witnessed significant growth over the past few years due to the increasing focus of consumers on preventive healthcare and maintenance of general wellbeing. Dietary supplements help fulfill the nutritional gaps in regular diets and support active, healthy lifestyles. The product categories within the dietary supplements segment comprise of vitamins, minerals, botanicals, proteins, fatty acids, and others.

The global Dietary Supplements Market is estimated to be valued at US$ 203.43 billion in 2023 and is expected to exhibit a CAGR of 8.2% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market Opportunity:

The growing prevalence of lifestyle diseases and chronic health conditions represents a key market opportunity for players in the dietary supplements market. According to the Centers for Disease Control and Prevention, over half of the adult population in the United States currently suffers from at least one chronic disease such as diabetes, heart disease, and obesity. Dietary supplements can potentially help in management and prevention of these conditions by fulfilling nutritional deficiencies. They offer natural alternatives to medications with generally lower risks or side effects. The increasing consumer awareness about preventive healthcare approaches and proactive management of general wellbeing through balanced diets and active lifestyles will continue to drive demand for dietary supplements over the forecast period. Porter’s Analysis

Threat of new entrants: The dietary supplements market has moderate threat of new entrants due to product differentiation, existing intellectual property protection and patents held by major players. However, ease of manufacturing may encourage new players with innovative offerings.

Bargaining power of buyers: Buyers have moderate bargaining power due to variety of options and substitute products available in the market. Switching costs are low.

Bargaining power of suppliers: Key raw material suppliers like vitamins and minerals manufacturers have moderate bargaining power due to specialized ingredients required and switching costs.

Threat of new substitutes: Threat from new substitutes is moderate as substitute options include prescription drugs, organic foods and functional beverages. Product innovation is a key differentiator.

Competitive rivalry: The market has high competitive rivalry due to presence of global established brands with diverse product portfolios. Pricing pressure exists due to competition.

SWOT Analysis

Strength: Wide range of products, extensive distribution channels, strong brand recognition and marketing campaigns by major established players.

Weakness: High R&D investment required, regulatory compliance and quality certifications costs. Vulnerability to adverse publicity on any health claims.

Opportunity: Rising health awareness, growing geriatric population, increased income levels in developing nations boosting demand.

Threats: Stringent regulations. Shift towards preventive healthcare and healthy lifestyle changes decrease dependence on supplements.

Key Takeaways

The global Dietary Supplements Market is expected to witness high growth during the forecast period from 2024 to 2031. The global Dietary Supplements Market is estimated to be valued at US$ 203.43 billion in 2023 and is expected to exhibit a CAGR of 8.2% over the forecast period 2024 to 2031.

North America currently dominates the market due to heightened health awareness and discretionary spending on wellness products. The market in Asia Pacific is expected to grow the fastest during the forecast period supported by rising middle class population, increased lifestyle diseases and growing acceptability of dietary habits from western countries. North America currently accounts for the largest share of over 35% of the global dietary supplements market supported by early adoption of supplements as preventive healthcare and availability of diverse products. The Asia Pacific region is expected to grow at the fastest CAGR during the forecast period backed by nutrition awareness, lifestyle changes and escalating per capita income in populous developing countries like India and China. Expansion of modern retail outlets and e-commerce boost access to supplements in the region. Key players operating in the dietary supplements market are Abbott Laboratories, Amway (Nutrilite), DuPont, NBTY Inc., Royal DSM N.V., Glanbia Plc., Bayer AG, GlaxoSmithKline PLC., Herbalife International, and BASF SE. These established players have strong global presence and brand recognition leveraged by extensive marketing activities. Abbott Laboratories leads the US market, while Herbalife International dominates Latin America. Glanbia has a stronghold in Europe through its acquisition strategy.