Market Overview:
The global artichoke leaf extract market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for natural ingredients in food and beverage products, and cosmetic and personal care products. Additionally, the growing awareness about the health benefits of artichoke leaf extract is also contributing to its growth. The global artichoke leaf extract market can be segmented on the basis of type into powder and liquid form. The powder form is expected to dominate the market during the forecast period owing to its ease of use and longer shelf life as compared to liquid form. On the basis of application, food and beverages segment is anticipated to hold a major share in terms of value due high demand for healthy foods with natural ingredients across regions worldwide.
Product Definition:
Artichoke Leaf Extract is an extract from the leaves of the artichoke plant. It is used as a dietary supplement and as a natural remedy for liver problems.
Powder:
Powder is a dry, free-flowing solid and has no taste or odor. It can be easily dissolved in water, ethanol or other solvents. The product is used as an extender for oil extracts and as a carrier for active ingredients in pharmaceuticals & nutraceuticals industries.
Liquid:
Liquid is a suspension of solid particles in a liquid carrier. It can be water-based or oil-based. The most common carriers used are vegetable oils such as soy, sunflower, and corn germ oil; mineral oils such as sesame seed oil, safflower seed oil and aloe vera; glycerin; ethyl alcohol (ethanol); fruit juices such as apple juice and orange juice; esters including carnauba wax and beeswax.
Application Insights:
The food and beverage segment led the global artichoke leaf extract market in 2017. This is attributed to increasing demand for packaged foods, such as snacks and ready-to-eat meals, across various regions including North America and Europe. Moreover, rising awareness regarding a healthy diet among working professionals is expected to boost product consumption over the forecast period.
Cosmetic & personal care products are anticipated to witness significant growth over the forecast period owing to changing lifestyles of consumers around the globe. Increasingly busy lifestyle has created a need for convenient beauty products that serve dual purposes; these factors are likely drive demand from cosmetic & personal care industry during the study period.
Artichokes have been used as an ingredient in cosmetics since ancient times due largely their high antioxidant content which helps prevent aging skin problems along with improving skin texture and reducing pore size thereby making it look younger than its actual age (1).
Regional Analysis:
Europe was the largest regional market in 2017 owing to high demand from countries, such as France, Italy, and Spain. The product is used as a flavoring ingredient in many bakery and confectionery products. It also finds application in alcoholic beverages for imparting flavor and color to it. Asia Pacific is expected to be the fastest-growing region with a CAGR of XX% over the forecast period on account of rising consumer awareness regarding health benefits associated with artichoke leaf extract powder or liquid formulae due to presence of nutrients like chlorophyll which helps treat various health issues including cancer, hepatitis B virus infection, HIV/AIDS etc.; digestive problems; heart diseases; arthritis; rheumatoid arthritis; diabetes etc.; obesity; malnutrition etc.
Growth Factors:
- Increasing demand for natural and organic products
- Rising awareness about the health benefits of artichoke leaf extract
- Growing popularity of artichoke leaf extract as a dietary supplement
- increasing use of artichoke leaf extract in traditional medicine and folk remedies
- rising demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Artichoke Leaf Extract Market Research Report
By Type
Powder, Liquid
By Application
Food and Beverages, Cosmetic & Personal Care
By Companies
The Secrets of Caledonia, ieS LABO, Biogründl, The Garden of Naturalsolution, BotanicalsPlus, EUROMED SA, Jiaherb, Nutra Green Biotechnology Co, Hawaii Pharm, Gaia Herbs
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Artichoke Leaf Extract Market Report Segments:
The global Artichoke Leaf Extract market is segmented on the basis of:
Types
Powder, Liquid
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Beverages, Cosmetic & Personal Care
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- The Secrets of Caledonia
- ieS LABO
- Biogründl
- The Garden of Naturalsolution
- BotanicalsPlus
- EUROMED SA
- Jiaherb
- Nutra Green Biotechnology Co
- Hawaii Pharm
- Gaia Herbs
Highlights of The Artichoke Leaf Extract Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Powder
- Liquid
- By Application:
- Food and Beverages
- Cosmetic & Personal Care
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Artichoke Leaf Extract Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Artichoke leaf extract is a natural supplement that is derived from the artichoke plant. It has been used for centuries to help improve heart health, digestion, and circulation.
Some of the major players in the artichoke leaf extract market are The Secrets of Caledonia, ieS LABO, Biogr¼ndl, The Garden of Naturalsolution, BotanicalsPlus, EUROMED SA, Jiaherb, Nutra Green Biotechnology Co, Hawaii Pharm, Gaia Herbs.
The artichoke leaf extract market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Artichoke Leaf Extract Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Artichoke Leaf Extract Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Artichoke Leaf Extract Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Artichoke Leaf Extract Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Artichoke Leaf Extract Market Size & Forecast, 2018-2028
4.5.1 Artichoke Leaf Extract Market Size and Y-o-Y Growth
4.5.2 Artichoke Leaf Extract Market Absolute $ Opportunity
Chapter 5 Global Artichoke Leaf Extract Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Artichoke Leaf Extract Market Size Forecast by Type
5.2.1 Powder
5.2.2 Liquid
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Artichoke Leaf Extract Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Artichoke Leaf Extract Market Size Forecast by Applications
6.2.1 Food and Beverages
6.2.2 Cosmetic & Personal Care
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Artichoke Leaf Extract Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Artichoke Leaf Extract Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Artichoke Leaf Extract Analysis and Forecast
9.1 Introduction
9.2 North America Artichoke Leaf Extract Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Artichoke Leaf Extract Market Size Forecast by Type
9.6.1 Powder
9.6.2 Liquid
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Artichoke Leaf Extract Market Size Forecast by Applications
9.10.1 Food and Beverages
9.10.2 Cosmetic & Personal Care
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Artichoke Leaf Extract Analysis and Forecast
10.1 Introduction
10.2 Europe Artichoke Leaf Extract Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Artichoke Leaf Extract Market Size Forecast by Type
10.6.1 Powder
10.6.2 Liquid
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Artichoke Leaf Extract Market Size Forecast by Applications
10.10.1 Food and Beverages
10.10.2 Cosmetic & Personal Care
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Artichoke Leaf Extract Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Artichoke Leaf Extract Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Artichoke Leaf Extract Market Size Forecast by Type
11.6.1 Powder
11.6.2 Liquid
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Artichoke Leaf Extract Market Size Forecast by Applications
11.10.1 Food and Beverages
11.10.2 Cosmetic & Personal Care
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Artichoke Leaf Extract Analysis and Forecast
12.1 Introduction
12.2 Latin America Artichoke Leaf Extract Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Artichoke Leaf Extract Market Size Forecast by Type
12.6.1 Powder
12.6.2 Liquid
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Artichoke Leaf Extract Market Size Forecast by Applications
12.10.1 Food and Beverages
12.10.2 Cosmetic & Personal Care
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Artichoke Leaf Extract Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Artichoke Leaf Extract Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Artichoke Leaf Extract Market Size Forecast by Type
13.6.1 Powder
13.6.2 Liquid
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Artichoke Leaf Extract Market Size Forecast by Applications
13.10.1 Food and Beverages
13.10.2 Cosmetic & Personal Care
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Artichoke Leaf Extract Market: Competitive Dashboard
14.2 Global Artichoke Leaf Extract Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 The Secrets of Caledonia
14.3.2 ieS LABO
14.3.3 Biogründl
14.3.4 The Garden of Naturalsolution
14.3.5 BotanicalsPlus
14.3.6 EUROMED SA
14.3.7 Jiaherb
14.3.8 Nutra Green Biotechnology Co
14.3.9 Hawaii Pharm
14.3.10 Gaia Herbs
