Quillaia extract, also known as soapbark extract, is derived from the inner bark of the quillaia plant, native to central Chile. It can be obtained through aqueous extraction of the milled bark or from various quillaia species within the rosacea family. This extract contains saponins and sugars like glucose, galactose, xylose, arabinose, and rhamnose. It is commonly used in cream sodas, root beers, baked goods, soft drinks, and frozen dairy products as a foaming agent, humectant, and food additive, adding versatility to various food and beverage applications.
According to Data Bridge Market Research the Quillaia Extracts Market accounted for USD 896.81 million in 2022, and expected to reach USD 1,396.28 million by 2030. The market is expected to grow with a CAGR of 5.69 % in the forecast period of 2023 to 2030.
“The growing use of quillaia extract in health care and agriculture”
Quillaia extracts, abundant in tannins and saponins, find applications in the pharmaceutical sector. Tannins are renowned for their ability to alleviate mucus during coughing episodes, while the antimicrobial properties of saponins contribute to a strengthened immune system. These extracts serve as adjuvants in vaccine development, effectively stimulating the immune system. The growing demand for quillaia extracts as pet food and immunity boosters further propels their market expansion, highlighting their multifaceted benefits.
What restraints the growth of the quillaia extracts market?
“Health problems brought on by consuming certain quillaia can impede the market growth”
The specific composition of quillaia extract can have adverse effects on health, including lowering blood calcium levels and potentially causing kidney stones. The poor oral absorption of quillaia extract can further pose health risks. These factors may limit the utilization of quillaia extract and hinder market expansion. Additionally, consuming quillaia husks can lead to severe side effects like liver damage, diarrhea, respiratory failure, and coma. It is recommended to avoid the use of such extracts during pregnancy.
Segmentation: Global Quillaia Extracts Market
The quillaia extracts market is segmented on the basis of product type, active compounds, form, function, distribution channel, and end use.
- On the basis of product type, the quillaia extracts market is segmented into extract type 1, extract type 2, purified.
- On the basis of active compounds, the quillaia extracts market is segmented into aponins, tannins, polyphenols, and calcium oxalate.
- On the basis of form, the quillaia extracts market is segmented into powder, liquid.
- On the basis of function, the quillaia extracts market is segmented into emulsifying agent, foaming agent, flavouring agent, others.
- On the basis of distribution channel, the quillaia extracts market is segmented into offline stores, online stores.
- On the basis of end use, the quillaia extracts market is segmented into food, beverage, agriculture, personal care and cosmetics, pharmaceutical, others.
Regional Insights: Asia-Pacific is anticipated to dominate the Quillaia Extracts Market
Asia-Pacific is anticipated to dominate the global quillaia extract market. The Asia-Pacific region held the largest market share with Australia's and New Zealand's high product consumption levels. High product demand from growing regions such as China, India, and Japan from the pharmaceutical and food and beverage industries fuels regional expansion.
North America is expected to showcase a rising market segment during the forecast as the U.S. is spending high on food ingredients and natural extracts, increasing the demand and consumers and help uplift the market.
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The Prominent Key Players Operating in the Quillaia Extracts Market Include:
- Garuda International, Inc. (U.S.)
- Naturex S.A (France)
- Ingredion. (U.S.)
- Desert King (U.S.)
- Baja Yucca Company (U.S.)
- Quillaja Green Biosolutions (Chile)
- Celtic Sea Minerals LTD. (Ireland)
- Maxicrop USA, Inc. (U.S.)
- Valagro (India)
- Humates And Seaweeds Pvt Ltd (India)
- Highmark Health (Allegheny)
- Sar Agrochemicals & Fertilizers Pvt. Ltd (India)
Above are the key players covered in the report, to know about more and exhaustive list of quillaia extracts market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Quillaia Extracts Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
