Market Overview:
The global marshmallow extract market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for natural ingredients in skin care and hair care products. In addition, the growing cosmetics industry is also expected to boost the demand for marshmallow extract over the forecast period. Based on type, 10:1 extraction segment is projected to account for a major share of the global market in 2018. This can be attributed to its high concentration of mucilage content which makes it an ideal ingredient for various applications such as skin care, hair care and cosmetics products. 20:1 extraction segment is projected to grow at a highest CAGR during the forecast period owing to its superior properties such as thickening effect and emulsifying ability. On basis of application, skin care products segment accounted for majority share in 2017 and is anticipated grow at significant rate over next few years owing rising consumer awareness about benefits associated with natural ingredients used in skincare formulations . North America was observed as largest regional market followed by Europe due high prevalence of beauty consciousness among consumers coupled with presence major players operating in this region .
Product Definition:
Marshmallow Extract is an extract of the marshmallow plant, Althaea officinalis. It is a viscous, sweet-tasting substance used as a flavoring in foods and beverages and as an ingredient in cosmetics.
10:1 Extraction:
10:1 extraction is a method where the solid material is extracted with the help of solvent. Solvent can be water, ethanol or ethyl acetate. The most commonly used solvents are water and ethanol because they are safe for food products and also have low cost compared to other solvents such as ethyl acetate.
20:1 Extraction:
20:1 extraction is a process to get oil from the seeds of the plant, which has high 20:1 content. This oil is used in various applications like cosmetics and food products. The 20:1 extract can also be called as “caroten” or “astaxanthin” since it contains carotene (carots) and anthin (starch).
Application Insights:
The skin care products segment held the largest market share of more than 60% in 2017. The use of marshmallow extract for treating various skin problems, such as acne, eczema and psoriasis is expected to drive product demand over the forecast period. Furthermore, rising consumer awareness regarding healthy skin and its benefits is anticipated to further propel industry growth over the coming years.
The hair care products segment is expected to witness significant growth during the forecast period owing to increasing consumer preference for organic and natural ingredients in shampoos and conditioners. In addition, growing awareness regarding hair health issues caused due by pollution along with changing climatic conditions are likely to contribute towards industry expansion over the next few years.
Regional Analysis:
North America dominated the global market in 2017 owing to growing consumer awareness regarding health and well-being, along with a rise in spending on dietary supplements. The region is expected to witness significant growth over the forecast period due to increasing demand for skin care products and other personal care products.
Europe accounted for approximately 25% of the overall revenue share in 2017 owing to high product demand from countries, such as Germany, France, Italy, U.K., Spain among others. Rising consumer preference for natural ingredients based cosmetics is also anticipated to drive regional growth over the forecast period.
The global market has been segmented into North America; Europe; Asia Pacific; Latin America; and Middle East Africa (MEA).
Growth Factors:
- Increasing demand for natural and healthy ingredients in food and beverage products.
- Rising awareness about the health benefits of marshmallow extract among consumers.
- Growing popularity of functional foods and beverages that contain marshmallow extract as a key ingredient.
- Proliferation of new product launches containing marshmallow extract as an active ingredient across various food and beverage categories.
- increasing investments by leading players in research & development to develop innovative products containing Marshmallow Extract
Scope Of The Report
Report Attributes
Report Details
Report Title
Marshmallow Extract Market Research Report
By Type
10:1 Extraction, 20:1 Extraction, 30:1 Extraction, Other
By Application
Skin Care Products, Hair Care Products, Cosmetics, Other
By Companies
ICHIMARU PHARCOS CO., LTD., AQIA, ID bio, Morechem, Carrubba, The Secrets of Caledonia
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
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Marshmallow Extract Market Report Segments:
The global Marshmallow Extract market is segmented on the basis of:
Types
10:1 Extraction, 20:1 Extraction, 30:1 Extraction, Other
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
Skin Care Products, Hair Care Products, Cosmetics, Other
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:
- ICHIMARU PHARCOS CO., LTD.
- AQIA
- ID bio
- Morechem
- Carrubba
- The Secrets of Caledonia
Highlights of The Marshmallow 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:
- 10:1 Extraction
- 20:1 Extraction
- 30:1 Extraction
- Other
- By Application:
- Skin Care Products
- Hair Care Products
- Cosmetics
- Other
- 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 Marshmallow 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
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- Consumer Insights
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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?
Marshmallow extract is a flavoring agent derived from the marshmallow plant. It is used in food products to give them a sweet, fluffy texture.
Some of the major players in the marshmallow extract market are ICHIMARU PHARCOS CO., LTD., AQIA, ID bio, Morechem, Carrubba, The Secrets of Caledonia.
The marshmallow extract market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Marshmallow 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 Marshmallow Extract Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Marshmallow 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 Marshmallow 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 Marshmallow Extract Market Size & Forecast, 2020-2028 4.5.1 Marshmallow Extract Market Size and Y-o-Y Growth 4.5.2 Marshmallow Extract Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 10:1 Extraction
5.2.2 20:1 Extraction
5.2.3 30:1 Extraction
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Skin Care Products
6.2.2 Hair Care Products
6.2.3 Cosmetics
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Marshmallow 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 Marshmallow 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 10:1 Extraction
9.6.2 20:1 Extraction
9.6.3 30:1 Extraction
9.6.4 Other
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 Market Size Forecast by Applications
9.10.1 Skin Care Products
9.10.2 Hair Care Products
9.10.3 Cosmetics
9.10.4 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 10:1 Extraction
10.6.2 20:1 Extraction
10.6.3 30:1 Extraction
10.6.4 Other
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 Market Size Forecast by Applications
10.10.1 Skin Care Products
10.10.2 Hair Care Products
10.10.3 Cosmetics
10.10.4 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 10:1 Extraction
11.6.2 20:1 Extraction
11.6.3 30:1 Extraction
11.6.4 Other
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 Market Size Forecast by Applications
11.10.1 Skin Care Products
11.10.2 Hair Care Products
11.10.3 Cosmetics
11.10.4 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 10:1 Extraction
12.6.2 20:1 Extraction
12.6.3 30:1 Extraction
12.6.4 Other
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 Market Size Forecast by Applications
12.10.1 Skin Care Products
12.10.2 Hair Care Products
12.10.3 Cosmetics
12.10.4 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 10:1 Extraction
13.6.2 20:1 Extraction
13.6.3 30:1 Extraction
13.6.4 Other
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) Market Size Forecast by Applications
13.10.1 Skin Care Products
13.10.2 Hair Care Products
13.10.3 Cosmetics
13.10.4 Other
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 Marshmallow Extract Market: Competitive Dashboard
14.2 Global Marshmallow Extract Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ICHIMARU PHARCOS CO., LTD.
14.3.2 AQIA
14.3.3 ID bio
14.3.4 Morechem
14.3.5 Carrubba
14.3.6 The Secrets of Caledonia