Quillaia extracts market is projected to grow at a considerable CAGR of around 5% during the forecast period (2020-2026). Quillaia extracts are acquired from the aqueous extraction of the milled inner bark or wood of pruned stems and branches of Quillaja Saponaria Molina. Rising preference of people towards the use of natural ingredients, changing food habits, and rising obese population are the major aspects that are propelling the growth of the global quillaia extracts market. The growing use in different industrial applications such as food & beverage, pharmaceutical, and cosmetics among others is further expected to promote the demand of quillaia extracts thereby contributing towards the growth of the global market.
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Quillaia saponin possesses cleansing properties that make them appropriate for use in the manufacturing of cleansing face creams, cleansing gels, cleansing wipes, scrub masks, moisturizing lotions, baby wipes, and feminine wipes among others. The rising demand for natural ingredients in the personal care and cosmetic industry is creating the demand for quillaia extracts which in turn is driving its global market. The continuous innovation in the extraction method of quillaia extracts is expected to offer future growth opportunities to the quillaia extracts market across the globe. However, several side effects such as kidney disorder, stomach, and intestine related problems that are associated with the high quantity intake of quillaia extracts may hamper the growth of the quillaia extracts market across the globe.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Quillaia Extracts Market Segmentation-by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of the Asia-Pacific
Rest of the World
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global quillaia extracts market. Based on the availability of data, information related to the products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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