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Tribulus Terrestris Extract Market

Global Tribulus Terrestris Extract Market Trends, Analysis: By Origin: Organic, Conventional; By Form: Powder, Liquid; By End Use: Pharmaceuticals, Dietary Supplement, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032

Global Tribulus Terrestris Extract Market Outlook

The global Tribulus terrestris extract market size reached approximately USD 23.1 million in 2023. The market is further expected to grow at a CAGR of 18.0% in the forecast period of 2024-2032 to reach a value of approximately USD 105.89 million by 2032.

 

Key Takeaways

  • About 80% of the global population in developing countries relies on plants for primary health care.
  • South Africa, Australia, India, and Europe are major producers of Tribulus terrestris.
  • The growing number of individuals striving to achieve muscle growth and improve athletic performance is leading to the greater adoption of Tribulus terrestris extract.

 

Tribulus terrestris L. grows in numerous countries across the globe. The plant has a historical presence in traditional Chinese and Indian medicinal practices and has gained modern recognition as one of the most renowned aphrodisiacs. Due to the presence of active compounds within the plant that have the potential to treat sexual and various other ailments, there is a growing curiosity surrounding it. As a result, it has become one of the most extensively researched medicinal plants at present. The primary biologically active compounds found in TT include steroidal saponins, flavonoids, alkaloids, and lignan amides, with steroidal saponins being the most extensively researched among them.

 

Products and formulations derived from the upper portions of the plant are particularly favoured among athletes and individuals dealing with health challenges like hormonal imbalances, sexual concerns, heart ailments, as well as various kidney and skin conditions.

 

Global Tribulus Terrestris Extract Market

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Key Trends and Developments

Rising research and development; increasing demand for natural products; rising health concerns; and expansion of the pharmaceutical sector are impacting the Tribulus terrestris extract market growth

 

Date Company Event
Nov 2023 MyMuse The company entered into the sexual health wellness market with the launch of Desire: Boost Gummies in collaboration with nutraceuticals company, Setu.
Nov 2023 Acutia The company announced the launch of Acutia Gut Health, that combines postbiotic, prebiotic, and L-glutamine to cater to the digestive upset and promote gut health over time.
May 2023 Tetra Pharm Technologies The company launched its first product, XATEPA a pain-relieving pharmaceutical drug based on cannabinoids.
Nov 2022 Liboost The company launched the Liboost supplement to improve sexual function in men and women.

 

 

Trends Impact
Increasing importance of health and wellbeing With the growing importance of health among the global population, Tribulus terrestris extract is being increasingly adopted for reducing blood sugar and cholesterol, altering hormone levels, and increasing sexual function and libido.
Growing trend of natural products There is a growing demand for plant-based natural products possessing therapeutic efficacy, further driving the demand for Tribulus terrestris extracts.
Expanding pharmaceutical sector The rising population and increasing healthcare needs across the globe are contributing to the expansion of the pharmaceutical sector, further aiding the market growth.
Increasing research and development Research and development activities are significantly carried out by several organisations and companies to explore the potential applications of Tribulus terrestris.

 

Global Tribulus Terrestris Market Trends

The growing concerns regarding health and well-being are contributing to an increased demand for Tribulus terrestris extract. Tribulus terrestris is often consumed by individuals due to its potential benefits and positive impact on sexual function and testosterone.

 

There is a growing popularity of Tribulus terrestris among athletes as a supplement due to its androgenic effects. The consumption of Tribulus terrestris improves testosterone, improving the athletic performance of individuals.

 

The growing importance of organic and natural products resulting from the concerns regarding artificial products is favouring to the adoption of plant-based supplements like Tribulus terrestris extracts.

 

Global Tribulus Terrestris Extract Market By Origin

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Market Segmentation

“Global Tribulus Terrestris Extract Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

 

Market Breakup Categories
Origin Organic, Conventional
Form Powder, Liquid
End Use Pharmaceuticals, Dietary Supplement, Others
Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa

 

Based on end use, dietary supplements account for the majority of the tribulus terrestris extract market share

Amid growing health awareness, there is a rising trend towards the utilisation of supplements for the purpose of promoting overall well-being. Tribulus terrestris is embraced as a dietary supplement for the enhancement of sexual health, as a support for bodybuilding, and for improving athletic performance as it is a natural testosterone booster.

 

Tribulus terrestris is used in traditional medicine for various purposes, including alleviating chest discomfort, addressing heart issues, mitigating dizziness, managing skin and eye ailments, and facilitating the elimination of kidney stones.

 

Competitive Landscape

The market players are engaging in research and development to differentiate their products and demonstrate their effectiveness

 

Company Founded Headquarters Services
The Green Labs LLC 2009 United States The company offers Bioflavonoids, and Nutraceuticals: extracts/powders, spices, grains, vegetable protein powders, grass powders, dietary fibres, and probiotics, among others.
Nutra Green Biotechnology Co., Ltd. 2011 China Specialises in supplying plant extracts, botanicals, and traditional Chinese herbs along with mushroom extracts and fruit juice powder.
Foodchem International Corporation 2006 China The company offers thickeners, antioxidants, sweeteners, acidulants, proteins, phosphates, and vitamins in addition to Tribulus terrestris extracts.
Naturalin Bio-Resources Co., Ltd 2006 China Through the plant extracts segment, the company offers customised plant extracts in powder, granule, and oil forms, while specialising in Tribulus terrestris Extract with saponin content from 40% to 90%.

 

Other notable players operating in the global Tribulus terrestris extract market include Arjuna Natural Pvt. Ltd, among others. The manufacturers are increasingly investing in research activities to upgrade their products, further incorporating latest capabilities to innovate their offerings to meet evolving customer demands.

 

Global Tribulus Terrestris Extract Market By region

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Global Tribulus Terrestris Extract Market Analysis by Region

Tribulus terrestris grows in parts of Europe, Asia, Africa and the Middle East. The root and fruit of the plant are used in traditional Chinese medicine and Indian Ayurveda medicine.  In the United States and Europe, Tribulus terrestris is used as a stimulative food additive. Bioactive phytochemicals such as saponins and flavonoids extracted and identified from the plant are used alone or in combination for various pharmacological activities.

 

Key Highlights of the Report

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:

  • Origin
  • Form
  • End Use
  • Region
Breakup by Origin
  • Organic
  • Conventional
Breakup by Form
  • Powder
  • Liquid
Breakup by End Use
  • Pharmaceuticals
  • Dietary Supplement
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • The Green Labs LLC.
  • Nutra Green Biotechnology Co.,Ltd.
  • Foodchem International Corporation
  • Naturalin Bio-Resources Co., Ltd.
  • Arjuna Natural Pvt Ltd.
  • Others
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.

 

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Tribulus Terrestris Extract Market Report Snapshots

Tribulus Terrestris Extract Market Size

Tribulus Terrestris Market Trends

Tribulus Terrestris Extract Market Regional Analysis

Tribulus Terrestris Extract Companies

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Tribulus Terrestris Extract Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Tribulus Terrestris Extract Historical Market (2018-2023) 
    8.3    Global Tribulus Terrestris Extract Market Forecast (2024-2032)
    8.4    Global Tribulus Terrestris Extract Market by Origin
        8.4.1    Organic
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Conventional
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Tribulus Terrestris Extract Market by Form
        8.5.1    Powder
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Liquid
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Tribulus Terrestris Extract Market by End Use
        8.6.1    Pharmaceuticals
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Dietary Supplement
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Others
    8.7    Global Tribulus Terrestris Extract Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    LAMEA
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
9    North America Tribulus Terrestris Extract Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Tribulus Terrestris  Extract Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Tribulus Terrestris Extract Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.3    ASEAN
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    Australia
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Others
12    Latin America Tribulus Terrestris Extract Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    UAE
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Turkey
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Saudi Arabia
        12.4.1    Historical Trend (2018-2023) 
        12.4.2    Forecast Trend (2024-2032)
    12.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis

    16.1    North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.2    Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.3    Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.4    LAMEA Historical Price Trends (2018-2023) and Forecast (2024-2032)
17    Competitive Landscape
    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    The Green Labs LLC.
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    Nutra Green Biotechnology Co.,Ltd.
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Foodchem International Corporation
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Naturalin Bio-Resources Co., Ltd.
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Arjuna Natural Pvt Ltd.
            17.2.5.1    Company Overview
            17.2.5.2    Product Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Certifications
        17.2.6    Others
18    Key Trends and Developments in the Market



List of Key Figures and Tables

1.    Global Tribulus Terrestris Extract Market: Key Industry Highlights, 2018 and 2032
2.    Global Tribulus Terrestris Extract Historical Market: Breakup by Origin (USD Million), 2018-2023
3.    Global Tribulus Terrestris Extract Market Forecast: Breakup by Origin (USD Million), 2024-2032
4.    Global Tribulus Terrestris Extract Historical Market: Breakup by Form (USD Million), 2018-2023
5.    Global Tribulus Terrestris Extract Market Forecast: Breakup by Form (USD Million), 2024-2032
6.    Global Tribulus Terrestris Extract Historical Market: Breakup by Application (USD Million), 2018-2023
7.    Global Tribulus Terrestris Extract Market Forecast: Breakup by Application (USD Million), 2024-2032
8.    Global Tribulus Terrestris Extract Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Tribulus Terrestris Extract Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Tribulus Terrestris Extract Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Tribulus Terrestris Extract Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Tribulus Terrestris Extract Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Tribulus Terrestris Extract Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Tribulus Terrestris Extract Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Tribulus Terrestris Extract Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Tribulus Terrestris Extract Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Tribulus Terrestris Extract Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Tribulus Terrestris Extract Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Tribulus Terrestris Extract Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    North America Historical Price Trends and Forecast 2018-2032
21.    Europe Historical Price Trends and Forecast 2018-2032
22.    Asia Pacific Historical Price Trends and Forecast 2018-2032
23.    LAMEA Historical Price Trends and Forecast 2018-2032
24.    Global Tribulus Terrestris Extract Market Structure

Key Questions Answered in the Report

The market size reached approximately USD 23.1 million in 2023.

The market is further expected to grow at a CAGR of 18.0% in the forecast period of 2024-2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of approximately USD 105.89 million by 2032.

The key drivers of the market are increasing adoption of natural products, rising health concerns, and growing research and development about the health benefits of Tribulus terrestris.

The major regional markets are the North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The major end uses are pharmaceuticals, and dietary supplement, among others.

The different forms of Tribulus terrestris are powdered and liquid.

The key players in the market include The Green Labs LLC, Nutra Green Biotechnology Co., Ltd, Foodchem International Corporation, Naturalin Bio-Resources Co., Ltd, and Arjuna Natural Pvt. Ltd, among others.

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