Quillaia Extract Market

Quillaia Extract Market witnessed USD 1,032 Million in 2020, growing at a robust CAGR of 5.2% during forecast period.

Introduction of the Global Quillaia Extract Market Report

Quillaia extract is used as a medicine to treat common cold, cough, bronchitis, high cholesterol, and many other conditions. It is obtained from the bark of the quillaia plant, which is a large evergreen with shiny, leathery leaves and thick bark by aqueous extraction. They contain a high concentration of tannins and saponins, which help treat various medical conditions and boost the immune system.

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Market Dynamic

Key Drivers and Emerging Trends

One of the primary vital drivers boosting the growth of the global quillaia extract market includes its vast pharmaceutical applications as it is used in cough syrups to treat bronchitis, cough, and other respiratory elements due to the presence of tannins make mucous thin & more manageable for coughing. Also, saponins present in quillaia extract helps in lowering blood fat such as cholesterol by preventing fat from getting into the blood or other organs, therefore preventing the risk of a heart attack. Secondly, quillaia extract is used as a foaming agent in root beer, a North American soft drink, low alcohol beer, and bar mixers due to its foam stabilization properties. This factor will play a key role in accelerating the growth of the global quillaia market. In addition, quillaia extract is used as botanical fungicide/insecticide/pesticide in the form of a spray to protect orchards of grape, pomegranate, avocado, etc., especially in the regions like U.S. Furthermore, these are used in vaccines for animals to prevent diseases in them.

Restraint in the Global Quillaia Extract Market

Due to the overuse of quillaia extract in medicinal doses by people, there are cases of stomach disturbance, liver, and kidney damage, among other health complications. Due to such complications, there might be restrain in the growth of the global quillaia extract market

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Type – Segment Analysis

Based on the type, powder form is expected to have higher growth in the global quillaia extract market over the forecast period owing to its use as a foaming agent in root beer and carbonated drinks across the globe. Also, quillaia extract is directly applied in powder form to treat itchy scalp, dandruff, athlete’s foot, and other skin-related diseases effectively. The liquid form might also witness promising growth in the global quillaia extract market due to its medicinal use in cough syrups.

Application – Segment Analysis

Based on the application, the pharmaceutical segment is expected to have significant growth over the forecast period in the global quillaia extract market due to its use to treat various medical aliments. For instance, quillaia extract can be applied externally to treat disease like athlete’s foot. The food and beverage segment will also witness a good growth in the global quillaia extract market due to its use in jellies, puddings, and candies as emulsifying agents.

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Regional – Segment Analysis:

Based on the region, North America is expected to capture a significant growth in the global quillaia extract market due to the rising use of quillaia extract as a botanical fungicide to protect orchards of various fruits from fungal attacks. Climate changes and agricultural intensification are also some factors propelling the market growth in this region. Asia Pacific is also expected to have good growth over the forecast period owing to consumer awareness in that region for natural and organic products.

Top Market Players

Various notable players operating in the market, include, Garuda International, Inc., Naturex S.A, Ingredion International, Stan Chem International Ltd, Desert King International, Baja Yucca Company, Chile Botanics S.A, Puracy LLC, Plantae Labs, Vyomchem Specialities, among others.

Segments covered in the Report:

The global quillaia extract market has been segmented on the basis of type, application, and regions. Based on type, the market is segmented into powder and liquid. Based on application, the market is segmented into pharmaceutical, food & beverages, personal care and others. 

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Key questions answered in this research report:

• • At what pace is global quillaia extract market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in quillaia extract market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global quillaia extract market?
  • Which type generated maximum revenues in 2020 and identify the most promising type during the forecast period?
  • What are the various application areas of global quillaia extract market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Quillaia Extract Market by Type

• • Powder
  • Liquid

Global Quillaia Extract Market by Application

• • Pharmaceutical
  • Food & Beverages
  • Personal Care
  • Others

Global Quillaia Extract Market by Region

• • North America Quillaia Extract Market (Option 1: As a part of the free 25% customization)
    • North America Quillaia Extract Market by Type
    • North America Quillaia Extract Market by Application
    • US Quillaia Extract Market All-Up
    • Canada Quillaia Extract Market All-Up
  • Europe Quillaia Extract Market (Option 2: As a part of the free 25% customization)
    • Europe Quillaia Extract Market by Type
    • Europe Quillaia Extract Market by Application
    • UK Quillaia Extract Market All-Up
    • Germany Quillaia Extract Market All-Up
    • France Quillaia Extract Market All-Up
    • Spain Quillaia Extract Market All-Up
    • Rest of Europe Quillaia Extract Market All-Up
  • Asia-Pacific Quillaia Extract Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Quillaia Extract Market by Type
    • Asia-Pacific Quillaia Extract Market by Application
    • China Quillaia Extract Market All-Up
    • India Quillaia Extract Market All-Up
    • Japan Quillaia Extract Market All-Up
    • Rest of APAC Quillaia Extract Market All-Up
  • RoW Quillaia Extract Market (Option 4: As a part of the free 25% customization)
    • RoW Quillaia Extract Market by Type
    • RoW Quillaia Extract Market by Application
    • Brazil Quillaia Extract Market All-Up
    • South Africa Quillaia Extract Market All-Up
    • Saudi Arabia Quillaia Extract Market All-Up
    • UAE Quillaia Extract Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Quillaia Extract Market All-Up

Major Players Operating in the Global Quillaia Extract Market (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Garuda International, Inc.
  • Naturex S.A.
  • Ingredion International
  • Stan Chem International Ltd
  • Desert King International
  • Baja Yucca Company
  • Chile Botanics S.A
  • Puracy LLC
  • Plantae Labs
  • Vyomchem Specialities