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The global quillaia extracts market reached a value of about USD 887.90 million in 2023. The industry is further expected to grow at a CAGR of about 5% in the forecast period of 2024-2032 to reach a value of around USD 1376.28 million by 2032.
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Europe is one of the major regions in the industry. The market growth in the region can be attributed to the rising shift of manufacturers towards products with natural ingredients due to the growing demand for such products from the consumers. North America also accounts for a significant share in the global quillaia extracts market due to the growing preference for natural and organic products in the region. Meanwhile, in the Asia Pacific, India, and China, are expected to provide the industry with significant growth opportunities in the coming years due to the increasing consumer preference for natural or bio-derived products, along with the rising disposable incomes of the consumers in the countries. Since quillaia extracts have been approved in Japan for human consumption, the industry is expected to grow in the Asia Pacific region in the coming years further.
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Quillaia extract, also known as soapbark extract, is extracted from the aqueous mining of the milled inner bark or wood of soapbark or Quillaja saponaria Molina, which is native to Central Chile. It can also be extracted from other species of Quillaja, like trees belonging to the Rosaceaefamily. It contains saponins, along with sugars like glucose, galactose, xylose, arabinose, and rhamnose. It is widely used in cream sodas and root beers. Quillaia extract is also used in food additives and as a humectant and foaming agents in baked goods, soft drinks, and frozen dairy products.
Based on type, the industry can be divided into:
The forms of the product can be bifurcated into powder and liquid. The active compounds of the product include saponins, tannins, polyphenols, and calcium oxalate. By functions, the market can be divided into emulsifying agent and foaming agent. The end-uses of the product can be divided into agriculture, food and beverages, personal care, and pharmaceuticals, among others. The major regional markets for quillaia extracts can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The demand of quillaia extracts is expected to experience an increase over the next few years, supported by the FDA approval of quillaia extract use in the food and beverage industry. Due to the product’s favourable characteristics as a stabiliser, foaming agent, emulsifier, and flavouring agent, quillaia extracts have a wide range of applications. It is used in the treatment of bronchitis, skin allergies, and other diseases. Quillaia extracts are also extensively used in the personal care sector to stimulate hair growth. Thus, the rising adoption of the product across food and beverage, personal care, and pharmaceutical industries is driving the growth of the market.
The quillaia extracts industry is expected to be aided by the product’s rising acceptance in the cosmetics and personal care sector, led by the growing preference for natural and organic products. Continuous R&D is also anticipated to further propel growth of the market. In addition, the flexible uses of the extracts are providing further incentives for the industry players to invest in the development of the quillaia extracts industry.
The report gives a detailed analysis of the following key players in the global quillaia extracts market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Form |
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Breakup by Active Compounds |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global quillaia extracts market attained a value of nearly USD 887.90 million.
The market is projected to grow at a CAGR of 5% between 2024 and 2032.
By 2032, the market is estimated to reach about USD 1376.28 million.
The major drivers of the industry, such as rising disposable incomes, product’s favourable characteristics as a stabiliser, foaming agent, emulsifier, and flavouring agent, rising demand from the personal care sector, and increasing demand for organic ingredients, are expected to aid the market growth.
The key trend guiding the growth of the market includes the rising R&D activities in the industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading types of quillaia extracts in the market are type 1, type 2, and purified.
The major forms of the product in the industry are powder and liquid.
The significant active compounds of the product in the market are saponins, tannins, polyphenols, and calcium oxalate.
The leading functions in the industry are emulsifying agent and foaming agent.
The major end-use sectors in the market are agriculture, food and beverages, personal care, and pharmaceuticals, among others.
The major players in the industry are Garuda International Inc., Naturex S.A., Ingredion International, Desert King International, Baja Yucca Company, and Quillaja Green Biosolutions, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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