Press Release

Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.

Global Quillaia Extracts Market to Reach USD 1027 Million by 2026, Aided by the Rising Personal Care Industry

According to a new report by EMR titled, ‘Global Quillaia Extracts Market Report and Forecast 2021-2026’, the global market for quillaia extracts stood at USD 767 million in 2020. The industry is further expected to grow at a CAGR of  5% in the forecast period of 2021-2026 to reach an estimated value of USD 1027 million by 2026.

North America and Europe are dominating the global quillaia extracts industry. Europe holds the largest share in the demand for quillaia extracts. Since producers are increasingly inclined towards natural ingredient products, the market is expected to witness a further growth in the region. Since quillaia extracts for human consumption are permitted in Japan, the growth in the region is likely to escalate further during the projected period. The increasing use of natural ingredients due to the health benefits they provide, shifting customer preferences for food consumption, as well as a growing number of obese people, is leading to the rise in the demand for quillaia extracts in the overall Asia Pacific region. Throughout the Asia Pacific, there is a substantial demand growth of the product as the preference for natural materials over synthetic materials is growing, and as the food and beverage sectors are witnessing considerable expansion.

The rising acceptance of the product by various regulatory bodies is also propelling the growth of the market. In March 2016, Ingredion Inc, (NYSE: INGR), a leading player in the industry, announced the approval of its type 2 quillaia extract as an emulsifying agent for application across the food and beverage sector in oil-based colouring formulations, unstandardized oil-based flavouring, and other unstandardized oil-based ingredients. Ingredion’s Q-NATURALE is a clean label emulsifier and is being marketed as an alternative to emulsifiers like gum Arabic. This approval has enabled Ingredion to strengthen its market position beyond the US and Europe.

Market Analysis by Type, Form, Active Compounds, Function, End Use, and Regions:

  • Based on type, the industry can be divided into type 1, type 2, and purified.
  • The forms of the product can be segmented into powder and liquid.
  • The active compounds of the product are saponins, tannins, polyphenols, and calcium oxalate.
  • Based on functions, the market can be divided into emulsifying agent and foaming agent.
  • The end-uses of the product include agriculture, food and beverage, personal care, and pharmaceuticals, among others.
  • The regional markets for quillaia extracts include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The quillaia extracts industry is likely to be aided by the rising acceptance of the product in the cosmetics and personal care sector.
  • The rising R&D activities are also expected to boost the industry growth.
  • The rising competition among the key players is further driving the market growth.
  • The favourable characteristics of the product as a stabiliser, foaming agent, emulsifier, and flavouring agent are pushing the market forward.
  • The rising application of the product across food and beverage, personal care, and pharmaceutical industries is driving the growth of the market.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for quillaia extracts for the periods (2016-2020) and (2021-2026).
  • The report also offers the historical (2016-2020) and forecast (2021-2026) markets for the types, forms, active compounds, functions, end uses, and major regions of quillaia extracts.
  • The regional price trends of the product are also provided within the report for the periods of (2016-2020) and (2021-2026).
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global quillaia extracts market are Garuda International Inc., Naturex S.A., Ingredion International, Desert King International, Baja Yucca Company, and Quillaja Green Biosolutions, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us:

Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Global Carotenoids Market Report and Forecast 2022-2027

Global Xanthan Gum Market Report and Forecast 2022-2027