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
