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Global Yucca Extract Material Market Size, Share, Growth, Forecast: By Type: Medical Grade, Food Grade, Industry Grade; By Application: Functional Food, Pharmaceutical, Dietary Supplements, Personal Care, Industrial; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Global Yucca Extract Material Market Outlook
The global yucca extract material market size reached approximately USD 95.00 million in 2023. The market is further projected to grow at a CAGR of 6.4% between 2024 and 2032, reaching a value of USD 165.99 million by 2032.
Key Trends in the Market
Yucca extract material is derived from yucca schidigera, a flowering plant that is native to Southwest desserts of North America. The extract acts as a natural plant-based soil penetrant and wetting agent. Additionally, the material has antifungal and antiprotozoal properties because of which it is also used by the pharmaceutical sector.
- Increasing utilisation of yucca extract material in skin and personal care products is a key trend supporting the yucca extract material market growth. Yucca extract provides the necessary therapy to skin and reverses the sun and chemical damage. The extract material contains phenol, that has an anti-inflammatory effect and helps in calming the skin.
- Rising adoption of yucca extract materials as feed and water additive as they allow for improved animal performance is another major factor aiding the market expansion. The extracts also boost protein metabolism in animals by reducing ammonia secretion.
- The consumption of food products and beverages derived from yucca extract materials is increasing due to the rising awareness about the various health benefits. Moreover, growing health consciousness and increasing knowledge about the adverse effects of consuming chemical fused beverages and foods is also supporting the consumption of plant derived foods and beverages, including that of yucca extract material.
Global Yucca Extract Material Market Analysis
On the basis of type, the market is divided into medical grade, food grade, and industry grade. Based on application, the market is classified into functional food, pharmaceutical, dietary supplements, personal care, and industrial. On the basis of region, the market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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. The report gives a detailed analysis of the following key players in the yucca extract material market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- NATUREX SA
- Baja Yucca Company
- Avitech Nutrition Pvt. Ltd.
- Garuda International, Inc.
- American Extracts
- Desert King International
- Ingredients By Nature
- Others
Market Share by Application
The pharmaceutical sector is expected to witness significant growth over the forecast period. Yucca extract materials have anti-inflammatory and anti-arthritic effects and contain various phytochemicals that are physiologically active. They are also rich in saponins, which have a diverse biological effect on the body including anti-protozoal effects. These extracts contain phenols that are also free radical scavengers and antioxidants that aid in suppression of reactive oxygen species.
Market Share by Region
North America is anticipated to account for a significant yucca extract material market share. Increasing awareness about the various health benefits associated with consumption of health supplements derived from yucca extract material is a major factor supporting the market growth in the region. The rising utilisation of yucca extract materials in formulation of cosmetic and personal care products including shampoos, lotions, and creams, among others as they impart soothing and cleansing benefits to the skin is further aiding the market expansion in North America.
Competitive Landscape
NATUREX SA specialises in producing and selling plant-based natural ingredients for the food industry for the purpose of providing colour, flavour, and preservation. The company was founded in 1992 and is headquartered in Avignon, France.
Baja Yucca Company is known for supplying high quality yucca schidigera powders and liquids, taurine, chondroitin, glucosamine, and quillaja powders and liquids, among others. Baja provides yucca to nutraceutical, food and beverage, and pet food companies across the world.
Avitech Nutrition Pvt. Ltd. is a manufacturer and supplier of animal feed supplements and animal nutrition products. Avitech also provides cutting edge technology to feed additives sector. The company was founded in 1996 and is headquartered in Gurgaon, India.
Other yucca extract material market key players include Garuda International, Inc., American Extracts, Desert King International, and Ingredients By Nature, among others.
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:
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| Breakup by Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*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 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Yucca Extract Material Market Analysis
8.1 Key Industry Highlights
8.2 Global Yucca Extract Material Historical Market (2018-2023)
8.3 Global Yucca Extract Material Market Forecast (2024-2032)
8.4 Global Yucca Extract Material Market by Type
8.4.1 Medical Grade
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Food Grade
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Industry Grade
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Yucca Extract Material Market by Application
8.5.1 Functional Food
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Pharmaceutical
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Dietary Supplements
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Personal Care
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Industrial
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.6 Global Yucca Extract Material Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Yucca Extract Material 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 Yucca Extract Material 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 Yucca Extract Material Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Yucca Extract Material Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Yucca Extract Material Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 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 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 NATUREX SA
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Baja Yucca Company
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Avitech Nutrition Pvt. Ltd.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Garuda International, Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 American Extracts
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Desert King International
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Ingredients By Nature
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Yucca Extract Material Market: Key Industry Highlights, 2018 and 2032
2. Global Yucca Extract Material Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Yucca Extract Material Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Yucca Extract Material Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Yucca Extract Material Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Yucca Extract Material Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Yucca Extract Material Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Yucca Extract Material Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Yucca Extract Material Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Yucca Extract Material Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Yucca Extract Material Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Yucca Extract Material Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Yucca Extract Material Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Yucca Extract Material Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Yucca Extract Material Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Yucca Extract Material Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Yucca Extract Material Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Yucca Extract Material Market Structure
Key Questions Answered in the Report
The market reached a value of approximately USD 95.00 million in 2023.
The market is projected to grow at a CAGR of 6.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 165.99 million by 2032.
The major market drivers include increasing demand from the pharmaceutical sector and rising consumption of health supplements derived from yucca extract material.
The key trends fuelling the growth of the market include increasing consumption of yucca extract material-based foods and beverages and rising utilisation for production of personal care products and cosmetics.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The applications of yucca extract materials include functional food, pharmaceutical, dietary supplements, personal care, and industrial.
The key players in the market are NATUREX SA, Baja Yucca Company, Avitech Nutrition Pvt. Ltd., Garuda International, Inc., American Extracts, Desert King International, and Ingredients By Nature, among others.
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