This report was recently updated on November 15 2024 with the latest and most recent
market numbers
Global Quillaia Extracts Market Size, Trends, and Analysis - Forecasts To 2026 By Application (Food & Beverage, Personal Care, Pharmaceuticals, Others), By Product Type (Powder, Liquid), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis
Quillaia extract is made from the wood of Quillaia Saponaria Molina or milled internal bark or other Quillaia plants in the Rosaceae family by aqueous processing. This includes a variety of quillaia acid glycosides made up of triterpenoid saponins. There are also arabinose, glucose, galactose, rhamnose, and xylose elements, along with calcium oxalate, tannin, and other minor elements. In the United States, Quillaia is licensed for its usage as a substance or natural flavoring. When used in limited quantities, it's likely to be healthy. When consumed in large amounts, Quillaia is poisonous. Epilepsy, stomach pain, liver damage, hemolysis, respiratory failure, nausea, and coma are among the significant adverse effects of ingesting large amounts of wood. The rising food and beverage sector, the involvement of key market participants, and supportive government regulations are anticipated to propel the growth of the quillaia extract sector.
The food and beverage sector drives the Quillaia extract market. The quillaia extract has attracted the interest of producers due to a rise in the use of natural ingredients due to their health advantages over the artificial industry. Other reasons that favor market development include a rise in the number of obese individuals, changing dietary habits, and increasing knowledge regarding the health benefits of natural ingredients. Quillaia extract, which is high in sapogenins and saponins, is commonly used in the food and beverage sector as a foaming and emulsification agent in the processing of baked goods, cider, cream soda, puddings, and frozen dairy products, among other things.
Quillaia extracts are also essential in the personal care sector, as they promote hair growth and are used in hair tonic formulations, both of which benefit the global quillaia extracts industry's expansion.
Thus, the quillaia extract is expected to have a substantial demand during the forecast period due to its natural basis and nutritional benefits, as well as its strong industrial application.
However, since quillaia extract contains a high level of tannins, it is not recommended for human ingestion. Quillaia saponin is a toxin found in nature. Ingesting quillaia bark can result in diarrhea, respiratory failure, and liver damage, as well as coma. Intake of quillaia extract should be prevented during pregnancy. Although dose is not yet known, it is used in accordance with the industrial process's federal approval. All of the aforementioned factors have a direct impact on the quillaia extract industry and can stifle demand.
Food and beverage applications accounted for the largest share in the global quillaia extracts market in 2020. This development can be due to its distinguishing characteristics, such as improved shelf life and maintaining temperature and taste. As a result, the demand for such extracts is expected to expand more rapidly in the future. Food additives and manufacturing agents such as Quillaia Extract are in high demand due to the growing global demand for packaged foods. Quillaia Extract is widely used in the beverage market as a foaming agent, particularly in carbonated drinks. During the forecast period, the personal care category is projected to rise at a rapid rate, with the highest CAGR. The rising demand for organic and natural skincare and hair care products by customers can be attributable to this expansion. Antioxidants, natural surfactants, and other nutrients are there in these quillaia extracts.
In 2020, powdered quillaia extracts had the highest market share. Due to its lack of moisture, powder extract improves the taste and shelf life of finished goods. It is simple to use and integrates well with other components. These variables are anticipated to assist the sector's growth over the forecast period.
Over the forecast period, the liquid quillaia product type is expected to grow at the fastest rate. The smooth and texture-less liquid extract is ideal for sauce and curry. However, due to the stratification of liquid extracts after prolonged storage, their usage is limited. The increase in the intake of beverages, as well as the widespread use of liquid quillaia extract for beverage and other liquid production due to its high solubilization, is expected to spur the industry's expansion.
Owing to the factors such as the strategic partnership between the companies, a growing number of food and beverage sectors, supportive regulatory policies, growing use of natural ingredients over artificial ones, health benefits, and accelerated industrial growth especially in the food and beverage sectors, Europe is projected to have the largest share in the market. With all of these factors into account, the quillaia extract market is expected to expand at a healthy pace during the forecast period.
Because of the region's increasing preference for natural and organic products, North America also holds a large share of the global quillaia extracts industry. The key factors propelling regional development are constant innovations and Research & Developments related to organic ingredients and their use in various sectors.
As there is high product demand in New Zealand and Australia, Asia Pacific is analyzed to have the highest CAGR rate in the market. Besides that, increasing customer preferences for bio-derived or natural goods over artificial ones, as well as increasing spending power, are projected to create substantial growth prospects for the industry in the near future in China and India. Since quillaia extracts were authorized for human consumption in Japan, the market in the Asia Pacific region is anticipated to expand in the near future. The demand will expand significantly in the Asia Pacific region, due to exponential growth in the food and beverage sector, and increased awareness about the positive effects of quillaia extracts on health.
BioFlora, HMHS Solutions Limited, Celtic Sea Minerals, InovoBiologic Inc., Humates And Seaweeds Pvt Ltd, Marigot Ltd., Alesco S.r.l., Star Agrochemicals & Fertilizers, and Maxicrop USA among others are the key market participants competing in the quillaia extracts market.
Please note: This is not an exhaustive list of companies profiled in the report.
Chapter 1 Methodology
1.1 Market Scope & Definitions
1.2 Estimates & Forecast Calculation
1.3 Historical Data Overview and Validation
1.4 Data Sources
1.4.1 Secondary
1.4.2 Primary
Chapter 2 Report Outlook
2.1 Quillaia Extracts Industry Overview, 2019-2026
2.1.1 Industry Overview
2.1.2 Product Type Overview
2.1.3 Application Overview
2.1.4 Regional Overview
Chapter 3 Quillaia Extracts Market Trends
3.1 Market Segmentation
3.2 Industry Background, 2019-2026
3.3 Market Key Trends
3.3.1 Positive Trends
3.3.1.1 Increasing Demand from the Food and Beverage Industry
3.3.2 Industry Challenges
3.3.2.1 Presence of Strict Regulations Presented by the Authorities for the use of Quillaia Extracts in Food Applications
3.4 Prospective Growth Scenario
3.4.1 Product Type Growth Scenario
3.4.2 Application Growth Scenario
3.5 COVID-19 Influence over Industry Growth
3.6 Porter’s Analysis
3.7 PESTEL Analysis
3.8 Value Chain & Supply Chain Analysis
3.9 Regulatory Framework
3.9.1 North America
3.9.2 Europe
3.9.3 APAC
3.9.4 LATAM
3.9.5 MEA
3.10 Technology Overview
3.11 Market Share Analysis, 2020
3.11.1 Company Positioning Overview, 2020
Chapter 4 Quillaia Extracts Market, By Product Type
4.1 Product Type Outlook
4.2 Powder
4.2.1 Market Size, By Region, 2019-2026 (USD Million)
4.3 Liquid
4.3.1 Market Size, By Region, 2019-2026 (USD Million)
Chapter 5 Quillaia Extracts Market, By Application
5.1 Application Outlook
5.2 Food & Beverage
5.2.1 Market Size, By Region, 2019-2026 (USD Million)
5.3 Personal Care
5.3.1 Market Size, By Region, 2019-2026 (USD Million)
5.4 Pharmaceuticals
5.4.1 Market Size, By Region, 2019-2026 (USD Million)
5.5 Others
5.5.1 Market Size, By Region, 2019-2026 (USD Million)
Chapter 6 Quillaia Extracts Market, By Region
6.1 Regional outlook
6.2 North America
6.2.1 Market Size, By Country 2019-2026 (USD Million)
6.2.2 Market Size, By Product Type, 2019-2026 (USD Million)
6.2.3 Market Size, By Application, 2019-2026 (USD Million)
6.2.4 U.S.
6.2.4.1 Market Size, By Product Type, 2019-2026 (USD Million)
6.2.4.2 Market Size, By Application, 2019-2026 (USD Million)
6.2.5 Canada
6.2.5.1 Market Size, By Product Type, 2019-2026 (USD Million)
6.2.5.2 Market Size, By Application, 2019-2026 (USD Million)
6.3 Europe
6.3.1 Market Size, By Country 2019-2026 (USD Million)
6.3.2 Market Size, By Product Type, 2019-2026 (USD Million)
6.3.3 Market Size, By Application, 2019-2026 (USD Million)
6.3.4 Germany
6.3.4.1 Market Size, By Product Type, 2019-2026 (USD Million)
6.3.4.2 Market Size, By Application, 2019-2026 (USD Million)
6.3.5 UK
6.3.5.1 Market Size, By Product Type, 2019-2026 (USD Million)
6.3.5.2 Market Size, By Application, 2019-2026 (USD Million)
6.3.6 France
6.3.6.1 Market Size, By Product Type, 2019-2026 (USD Million)
6.3.6.2 Market Size, By Application, 2019-2026 (USD Million)
6.3.7 Italy
6.3.7.1 Market Size, By Product Type, 2019-2026 (USD Million)
6.3.7.2 Market Size, By Application, 2019-2026 (USD Million)
6.3.8 Spain
6.3.8.1 Market Size, By Product Type, 2019-2026 (USD Million)
6.3.8.2 Market Size, By Application, 2019-2026 (USD Million)
6.3.9 Russia
6.3.9.1 Market Size, By Product Type, 2019-2026 (USD Million)
6.3.9.2 Market Size, By Application, 2019-2026 (USD Million)
6.4 Asia Pacific
6.4.1 Market Size, By Country 2019-2026 (USD Million)
6.4.2 Market Size, By Product Type, 2019-2026 (USD Million)
6.4.3 Market Size, By Application, 2019-2026 (USD Million)
6.4.4 China
6.4.4.1 Market Size, By Product Type, 2019-2026 (USD Million)
6.4.4.2 Market Size, By Application, 2019-2026 (USD Million)
6.4.5 India
6.4.5.1 Market Size, By Product Type, 2019-2026 (USD Million)
6.4.5.2 Market Size, By Application, 2019-2026 (USD Million)
6.4.6 Japan
6.4.6.1 Market Size, By Product Type, 2019-2026 (USD Million)
6.4.6.2 Market Size, By Application, 2019-2026 (USD Million)
6.4.7 Australia
6.4.7.1 Market Size, By Product Type, 2019-2026 (USD Million)
6.4.7.2 Market size, By Application, 2019-2026 (USD Million)
6.4.8 South Korea
6.4.8.1 Market Size, By Product Type, 2019-2026 (USD Million)
6.4.8.2 Market Size, By Application, 2019-2026 (USD Million)
6.5 Latin America
6.5.1 Market Size, By Country 2019-2026 (USD Million)
6.5.2 Market Size, By Product Type, 2019-2026 (USD Million)
6.5.3 Market Size, By Application, 2019-2026 (USD Million)
6.5.4 Brazil
6.5.4.1 Market Size, By Product Type, 2019-2026 (USD Million)
6.5.4.2 Market Size, By Application, 2019-2026 (USD Million)
6.5.5 Mexico
6.5.5.1 Market Size, By Product Type, 2019-2026 (USD Million)
6.5.5.2 Market Size, By Application, 2019-2026 (USD Million)
6.5.6 Argentina
6.5.6.1 Market Size, By Product Type, 2019-2026 (USD Million)
6.5.6.2 Market Size, By Application, 2019-2026 (USD Million)
6.6 MEA
6.6.1 Market Size, By Country 2019-2026 (USD Million)
6.6.2 Market Size, By Product Type, 2019-2026 (USD Million)
6.6.3 Market Size, By Application, 2019-2026 (USD Million)
6.6.4 Saudi Arabia
6.6.4.1 Market Size, By Product Type, 2019-2026 (USD Million)
6.6.4.2 Market Size, By Application, 2019-2026 (USD Million)
6.6.5 UAE
6.6.5.1 Market Size, By Product Type, 2019-2026 (USD Million)
6.6.5.2 Market Size, By Application, 2019-2026 (USD Million)
6.6.6 South Africa
6.6.6.1 Market Size, By Product Type, 2019-2026 (USD Million)
6.6.6.2 Market Size, By Application, 2019-2026 (USD Million)
Chapter 7 Company Landscape
7.1 Competitive Analysis, 2020
7.2 InovoBiologic Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Strategic Positioning
7.2.4 Info Graphic Analysis
7.3 Humates and Seaweeds Pvt Ltd
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Strategic Positioning
7.3.4 Info Graphic Analysis
7.4 Marigot Ltd.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Strategic Positioning
7.4.4 Info Graphic Analysis
7.5 Celtic Sea Minerals
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Strategic Positioning
7.5.4 Info Graphic Analysis
7.6 Maxicrop USA
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Strategic Positioning
7.6.4 Info Graphic Analysis
7.7 Alesco S.r.l.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Strategic Positioning
7.7.4 Info Graphic Analysis
7.8 Star Agrochemicals & Fertilizers
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Strategic Positioning
7.8.4 Info Graphic Analysis
7.9 BioFlora
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Strategic Positioning
7.9.4 Info Graphic Analysis
7.10 HMHS Solutions Limited
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Strategic Positioning
7.10.4 Info Graphic Analysis
7.11 Other Companies
7.11.1 Company Overview
7.11.2 Financial Analysis
7.11.3 Strategic Positioning
7.11.4 Info Graphic Analysis
The Global Quillaia Extracts Market has been studied from the year 2019 till 2026. However, the CAGR provided in the report is from the year 2021 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Quillaia Extracts Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.
Or view our licence options:
Tailor made solutions just for you
80% of our clients seek made-to-order reports. How do you want us to tailor yours?
OUR CLIENTS
