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Quillaia Extract Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: June 2024 || SKU: FB3233
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180 pages
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Global Quillaia Extract Market is segmented By Form (Powder, Liquid), By Active Compounds (Saponins, Tannins, Polyphenols, Calcium Oxalate), By End-User (Food & Beverage, Personal Care, Pharmaceuticals, Others), and By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

 

Quillaia Extract Market Overview

[180 Pages Report] The Global Quillaia Extract Market is forecast to reach at a high CAGR during the forecast period (2024-2031).

Quillaia extract is a natural extract known as Murillo bark extract, Panama bark extract, Quillaia bark extract, and soapbark extract. It contains major components like glucose, arabinose, galactose, xylose, and rhamnose. This extract is used as a foaming agent in skin cream, fire extinguishers and soft drinks like ginger beer, cream soda, and cocktail mixes. It is used as an emulsifier in some foods such as baked goods, candies, frozen dairy products and puddings. Quillaia extract is obtained by aqueous extraction of the milled inner bark. Rise the beauty consciousness in women drives the quillaia extract market.

Quillaia Extract Market Scope

Metrics

Details

Market CAGR

High

Segments Covered

By Form, By Active Compounds, By End-User and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

Asia Pacific

 

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Quillaia Extract Market Dynamics

Increasing adoption of quillaia extract in cosmetic and personal care industry

The rise in beauty consciousness among females and advancement in lifestyle and beauty products tends to grow the cosmetic industry. Quillaia extract is used in the manufacturing of skin creams and beauty products. It acts as a foaming agent in skin cream. Increase preference for natural and organic cosmetics products rise the demand of quillaia extract. The personal care industry's continuous research and development drive the quillaia extract market.

Moreover, growing food habits and diverse range of customer’s application in healthcare, food and beverages and skincare are expected to drive market growth. Some of the basic applications of these extracts are cough syrup, beer and soft drinks. The rising demand of this products around the globe helps to drive the market. Also, FDA approves the use of the quillaia extract in food and beverages processing.

Quillaia Extract Market Segmentation Analysis

Powder form of quillaia extract segment held highest market revenue share of XX% in the year 2021

Powder form of quillaia extract enhances the flavour and shelf life of the product. Due to its powered nature, it blends and easily mixes with the end product. It is majorly used in frozen dairy desserts, candy, baked goods, puddings and gelatins. The powder form of extract doesn’t impact taste and colour of food, so various consumers prefer the powder form as the foaming agent. Increased research and development investments for power form quillaia extract. New food product launches with quillaia extract in the market and increasing demand for that product helps grow market share.

Moreover, quillaia extract held large revenue in the pharmaceutical industry. This has medicinal properties and is helpful to cure various health issues. It contains a high concentration of tannins which helps make to cure cough in the body. Another chemical present in this extract is Saponins. It prevents some types of bacteria, fungi and viruses from attaching to and infecting healthy cells. These chemicals are helpful for stimulation of the immune system when given a vaccine. Saponins help lower blood fat such as cholesterol by preventing fat from getting into the blood or other organs.

Quillaia Extract Market Geographical Share

Asia pacific is expected to dominate the global quillaia extract market in the year 2021

The demand for the product has been growing at a significant pace. The Asia Pacific held the largest market share due to the high product consumption in Australia and New Zealand. High product demand from the countries like India, Japan, and China for food and beverage industry and the pharmaceutical industry boost the regional growth. According to a Bureau of Chemical Safety report, the mean Quillaia extract intake in Australia was 2.3mg/kg per day and 1.1 mg/kg per day in New Zealand. Quillaia trees are native to China, so they are also called china bark extract. India has a rising demand for quality products increase the demand for quillaia extract market. Quillaia extract plays a major role in odor improvement in pet food. The availability of pet with quillaia extract food in multiple retail format drive application. Quillaia extract plays a major role in odor improvement in pet food.

Quillaia Extract Market Companies and Competitive Landscape

Some of the key players operating in quillaia extract include Garuda International, Inc., Naturex, Ingredion Incorporated, and William Reed Business Media Ltd. among others. Global companies in the market are acquiring the regional players, to increase their presence in the global marketplace and acquire the technical know-how of the production of quillaia, which is mostly concentrated in Chile. Most companies engage in innovation, R&D investments, and new product launches to cater to the rising demand and to gain greater market share on a global scale. In July 2019, Conference Series LLC Ltd. organized the fifth world congress on Medicinal Plants and Natural Products Research in Hong Kong.

COVID-19 Impact:

Negatively impact on the global quillaia extract market

Quillaia extract is not considered an essential commodity. Growing cases of COVID-19 have forced the government to implement lockdowns which have affected the transport industry. Strict regulation for transport and deteriorating for various products makes it difficult to source raw material for these food product. Blocking convenience root for supply chain of food product may hamper the food industry, which is huge loss to grow this industry.

Why Purchase the Report?

  • Understand the current market scenario and viability of global quillaia extract market over the forecast period
  • Visualize the composition of the global quillaia extract market in terms of type, active compounds and end user to identify major players, growth potential, and market strategies
  • Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period
  • Understand the key business factors such as market competition, product pricing, new product developments, and patent filings pertaining in the market

What we offer?

  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
  • Excel data sheet with valuable data points of the global quillaia extract market – Regional and Country level segmentation
  • Product mapping in excel for the key products of all major market players
  • Market share analysis covering business revenues ($) and revenue share (%) of key market players

The global quillaia extract market report would provide an access to approximately 61 market data tables, 53 figures and 180 pages

Target Audience:

  • Food and Beverages Manufacturers
  • Pharmaceutical Industry
  • Cosmetic Products Manufacturers
  • Education & Research Institutes
  • Research Professionals
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FAQ’s

  • The segments are By Form, By Active Compounds, By End-User and By Region.

  • key players are Garuda International, Inc., Naturex, Ingredion International, Stan Chem International Ltd, Desert King International, Baja Yucca Company, Chile Botanics S.A, InovoBiologic Inc., Celtic Sea Minerals, William Reed Business Media Ltd.

  • Asia Pacific is the Largest Market Share in Quillaia Extract Market.

  • The End-Users are Food & Beverage, Personal Care, Pharmaceuticals, Others.
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