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Global Quillaia Extract Market Size, Trends, and Growth Opportunity, By Product Type (Powder, Liquid), By Application (Food & Beverage, Personal Care, Pharmaceuticals), By Function (Emulsifying Agent, Foaming Agent, Flavouring agent, Others), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.


Report ID : IR1001566 | Industries : Food and Beverage | Published On :June 2024 | Page Count : 234

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  • Global Quillaia Extract Market Size, Trends, and Growth Opportunity, By Product Type (Powder, Liquid), By Application (Food & Beverage, Personal Care, Pharmaceuticals), By Function (Emulsifying Agent, Foaming Agent, Flavouring agent, Others), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
    Global Quillaia Extract Market
    The Global Quillaia Extract Market was valued at USD 862 million in 2021 which is expected to reach USD 1255.14 million by 2027, at a CAGR of 5.7% from 2022-2027.
    Quillaia is the inner bark or small stems & branches of a large evergreen tree, called soapbark, native to Peru & Chile. Quillaia is abundant in tannins & saponins, both of which are attributed to their wide range of health benefits.
    Quillaia extract is utilized in industries such as food & beverage, healthcare, and beauty, and cosmetics, primarily for its health benefits and its ability to enhance food flavours.
    Market Drivers
    The global quillaia extracts market is driven by growing use in the healthcare, pharmaceutical, and beauty & cosmetic industries. Quillaia extract offers many advantages. They are high in tannins and saponins. Tannins are well known for aiding in the reduction or removal of mucus, especially coughing fits. Saponins' antimicrobial properties aid in the development of a strong immune system. They serve as adjuvants in the creation of vaccines due to their potent immune system stimulation abilities.
    Additionally, quillaia is used in the production of cosmetics such as skin creams. It is also a popular ingredient in skin creams as a foaming agent. As many people are turning to organic & natural cosmetic & skincare products, the demand for quillaia extract is rising. Quillaia extract also blends seamlessly with multiple food products, such as bakery items, gelato, puddings, candy, and other desserts.
    Market Restraints
    The restraining factors of the quillaia extract market pertain to its health hazards if not used cautiously. Inappropriate doses can cause imbalances in blood calcium levels and affect one’s kidneys. Orally taken quillaia extract is poorly absorbed, leading to reduced effectiveness.
    Other inappropriate uses of quillaia extract can cause issues such as diarrhoea and liver damage. These limitations on the dosage may restrain the growth of the market.
    Market Segmentation
    The global quillaia extract market is segmented into product types of powder & liquid, and applications in food & beverage, personal care, and pharmaceuticals.
    Further, based on functions, the market is segmented into emulsifying agents, foaming agents, flavoring agents, and others.
    Regional Analysis
    The Asia Pacific region is projected to lead the global market share for quillaia extract. This is because South Korea, Australia, and New Zealand are among the highest users of quillaia extract. Additionally, the shift in consumer preferences in emerging countries of China & India towards natural products will help the Asia Pacific region take the highest share of the quillaia extract market.
    The North American and European regions are also anticipated to make significant contributions to global market growth. U.S FDA has approved the use of quillaia extracts in food & beverage. Its extracts are also an ingredient in the preparation of beers, the high demand and consumption of which has resulted in high market demand.
    Key Players
    Humates and Seaweeds Pvt Ltd, Adams Food Ingredients Ltd, Baja Yucca, BioFlora, LLC, Inc., Celtic Sea Minerals, Chile Botanics, Garuda International Inc., Givaudan SA, Ingredion, Marigot Ltd., Naturex, Stan Chem International, Maxicrop USA, Desert King, InovoBiologic Inc., and Others.
    Market Taxonomy
    By Product Type
    •        Powder
    •        Liquid
    By Application
    •        Food & Beverage
    •        Personal Care
    •        Pharmaceuticals
    By Function
    •        Emulsifying Agent
    •        Foaming Agent
    •        Flavouring agent
    •        Others
    By Region
    •        North America
    •        Latin America
    •        Europe
    •        Asia Pacific
    •        Middle East & Africa

    Global Quillaia Extract Market
    1 Introduction
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Quillaia Extract Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Quillaia Extract Market, By Product Type
    5.1 Y-o-Y Growth Comparison, By Product Type
    5.2 Global Quillaia Extract Market Share Analysis, By Product Type
    5.3 Global Quillaia Extract Market Size and Forecast, By Product Type
    5.3.1 Powder
    5.3.2 Liquid
    6 Global Quillaia Extract Market, By Application
    6.1 Y-o-Y Growth Comparison, Enterprise Size
    6.2 Global Quillaia Extract Market Share Analysis, By Application
    6.3 Global Quillaia Extract Market Size and Forecast, By Application
    6.3.1 Food and Beverage
    6.3.2 Personal Care
    6.3.3 Pharmaceutical
    7 Global Quillaia Extract Market, By Function
    7.1 Y-o-Y Growth Comparison, By Function
    7.2 Global Quillaia Extract Market Share Analysis, By Function
    7.3 Global Quillaia Extract Market Size and Forecast, By Function
    7.3.1 Emulsifying Agent
    7.3.2 Foaming Agent
    7.3.3 Flavouring agent
    7.3.4 Others
    8 Global Quillaia Extract Market, By Region
    8.1 Global Quillaia Extract Market Share Analysis, By Region
    8.2 Global Quillaia Extract Market Size and Forecast, By Region
    9 North America Quillaia Extract Market Analysis and Forecast (2022-2027)
    9.1 Introduction
    9.2 North America Quillaia Extract Market Share Analysis, By Product Type
    9.3 North America Quillaia Extract Market Size and Forecast, By Application
    9.4 North America Quillaia Extract Market Size and Forecast, By Function
    9.5 North America Quillaia Extract Market Size and Forecast, By Country
    9.5.1 U.S.
    9.5.2 Canada
    9.5.3 Mexico
    10 Europe Quillaia Extract Market Analysis and Forecast (2022-2027)
    10.1 Introduction
    10.2 Europe Quillaia Extract Market Share Analysis, By Product Type
    10.3 Europe Quillaia Extract Market Size and Forecast, By Application
    10.4 Europe Quillaia Extract Market Size and Forecast, By Function
    10.5 Europe Quillaia Extract Market Size and Forecast, By Country
    10.5.1 Germany
    10.5.2 France
    10.5.3 UK
    10.5.4 Rest of Europe
    11 Asia Pacific Quillaia Extract Market Analysis and Forecast (2022-2027)
    11.1 Introduction
    11.2 Asia Pacific Quillaia Extract Market Share Analysis, By Product Type
    11.3 Asia Pacific Quillaia Extract Market Size and Forecast, By Application
    11.4 Asia Pacific Quillaia Extract Market Size and Forecast, By Function
    11.5 Asia Pacific Quillaia Extract Market Size and Forecast, By Country
    11.5.1 China
    11.5.2 Japan
    11.5.3 India
    11.5.4 Rest of Asia
    12 Latin America Quillaia Extract Market Analysis and Forecast (2022-2027)
    12.1 Introduction
    12.2 Latin America Quillaia Extract Market Share Analysis, By Product Type
    12.3 Latin America Quillaia Extract Market Size and Forecast, By Application
    12.4 Latin America Quillaia Extract Market Size and Forecast, By Function
    12.5 Latin America Quillaia Extract Market Size and Forecast, By Country
    12.5.1 Brazil
    12.5.2 Rest of Latin America
    13 Middle East Quillaia Extract Market Analysis and Forecast (2022-2027)
    13.1 Introduction
    13.2 Middle East Quillaia Extract Market Share Analysis, By Product Type
    13.3 Middle East Quillaia Extract Market Size and Forecast, By Application
    13.4 Middle East Quillaia Extract Market Size and Forecast, By Function
    13.5 Middle East Quillaia Extract Market Size and Forecast, By Country
    13.5.1 Saudi Arabia
    13.5.2 UAE
    13.5.3 Egypt
    13.5.4 Kuwait
    13.5.5 South Africa
    14 Competitive Analysis
    14.1 Competition Dashboard
    14.2 Market share Analysis of Top Vendors
    14.3 Key Development Strategies
    15 Company Profiles
    15.1 Humates and Seaweeds Pvt Ltd
    15.1.1 Overview
    15.1.2 Offerings
    15.1.3 Key Financials
    15.1.4 Business Segment & Geographic Overview
    15.1.5 Key Market Developments
    15.1.6 Key Strategies
    15.2. Adams Food Ingredients Ltd
    15.2.1 Overview
    15.2.2 Offerings
    15.2.3 Key Financials
    15.2.4 Business Segment & Geographic Overview
    15.2.5 Key Market Developments
    15.2.6 Key Strategies
    15.3. Baja Yucca
    15.3.1 Overview
    15.3.2 Offerings
    15.3.3 Key Financials
    15.3.4 Business Segment & Geographic Overview
    15.3.5 Key Market Developments
    15.3.6 Key Strategies
    15.4 BioFlora, LLC, Inc
    15.4.1 Overview
    15.4.2 Offerings
    15.4.3 Key Financials
    15.4.4 Business Segment & Geographic Overview
    15.4.5 Key Market Developments
    15.4.6 Key Strategies
    15.5 Celtic Sea Minerals
    15.5.1 Overview
    15.5.2 Offerings
    15.5.3 Key Financials
    15.5.4 Business Segment & Geographic Overview
    15.5.5 Key Market Developments
    15.5.6 Key Strategies
    15.6 Chile Botanics
    15.6.1 Overview
    15.6.2 Offerings
    15.6.3 Key Financials
    15.6.4 Business Segment & Geographic Overview
    15.6.5 Key Market Developments
    15.6.6 Key Strategies
    15.7 Garuda International Inc
    15.7.1 Overview
    15.7.2 Offerings
    15.7.3 Key Financials
    15.7.4 Business Segment & Geographic Overview
    15.7.5 Key Market Developments
    15.7.6 Key Strategies
    15.8 Givaudan SA
    15.8.1 Overview
    15.8.2 Offerings
    15.8.3 Key Financials
    15.8.4 Business Segment & Geographic Overview
    15.8.5 Key Market Developments
    15.8.6 Key Strategies
    15.9 Ingredion Marigot Ltd
    15.9.1 Overview
    15.9.2 Offerings
    15.9.3 Key Financials
    15.9.4 Business Segment & Geographic Overview
    15.9.5 Key Market Developments
    15.9.6 Key Strategies
    15.10 Naturex
    15.10.1 Overview
    15.10.2 Offerings
    15.10.3 Key Financials
    15.10.4 Business Segment & Geographic Overview
    15.10.5 Key Market Developments
    15.10.6 Key Strategies
    15.11 Stan Chem International
    15.11.1 Overview
    15.11.2 Offerings
    15.11.3 Key Financials
    15.11.4 Business Segment & Geographic Overview
    15.11.5 Key Market Developments
    15.11.6 Key Strategies
    15.12 Maxicrop USA
    15.12.1 Overview
    15.12.2 Offerings
    15.12.3 Key Financials
    15.12.4 Business Segment & Geographic Overview
    15.12.5 Key Market Developments
    15.12.6 Key Strategies
    15.13 Desert King
    15.13.1 Overview
    15.13.2 Offerings
    15.13.3 Key Financials
    15.13.4 Business Segment & Geographic Overview
    15.13.5 Key Market Developments
    15.13.6 Key Strategies
    15.14 InovoBiologic Inc
    15.14.1 Overview
    15.14.2 Offerings
    15.14.3 Key Financials
    15.14.4 Business Segment & Geographic Overview
    15.14.5 Key Market Developments
    15.14.6 Key Strategies