Market Overview:
The global tamarind extract market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. Tamarind extract is used in various applications such as food and beverage, pharmaceuticals, households, and others. The growth of the food and beverage industry is expected to drive the demand for tamarind extract in the coming years. Tamarind paste is used as a flavoring agent in various dishes across the globe. It also has medicinal properties and is used in traditional medicines for treating various ailments such as fever, diarrhea, constipation, etc.
Product Definition:
A sour, brownish-colored extract made from the pulp and seeds of the tamarind fruit. It is used as a flavoring in food and as a remedy for indigestion.
Powder:
Powder is a dry, free-flowing granular material that can be either natural or synthetic in nature. It is used as an ingredient in food & beverages, pharmaceuticals and cosmetics industries. The powder form of the product has high demand due to its ease of incorporation into various products and wide availability across the globe.
Paste:
Paste is a thickener that is obtained from the seeds of various fruits such as apple, grapes, and cashew. It helps in increasing the viscosity of liquid without altering its properties. Pasteur adds paste to food products for improving their texture and enhancing their flavor. Paste can be used as a substitute for fresh fruit in cooking or baking applications with no loss in quality due to its long shelf life.
Application Insights:
The food and beverage segment accounted for the largest revenue share of over 70% in 2017. The product has a wide application scope in the food and beverage industry, including sauces, salad dressings, toppings for ice creams and beverages such as smoothies. It is used as a natural sweetener alternative to sugar. Increasing demand for tamarind extract from various industries including pharmaceuticals, household care products is expected to drive growth over the forecast period.
Household care products include cleaners & sanitizing agents that are used across different surfaces in homes such as kitchen countertops, bathroom tiles and floors along with around eyes area which includes face wash creams, eye drops etc. Growing awareness about health benefits coupled with rising disposable income levels among emerging middle-class population is anticipated to fuel market growth over the forecast period especially across developing regions like Asia Pacific where demand originates from countries like China Japan Philippines Vietnam etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to high product demand in countries, such as India, China, and Japan. The region is also anticipated to witness significant growth due to increasing awareness about health benefits associated with tamarind extracts.
Europe was valued at USD X million in 2017.
The Middle East & Africa (MEA) accounted for 7% share of global revenue in 2017 owing both domestic consumption as well as exports from countries like Saudi Arabia.
Growth Factors:
- Increasing demand for natural ingredients in food and beverage industry
- Rising awareness about the health benefits of tamarind extract
- Growing popularity of ayurveda and herbal remedies
- Technological advancements in extraction process of tamarind extract
- Expansion of distribution channels
Scope Of The Report
Report Attributes
Report Details
Report Title
Tamarind Extract Market Research Report
By Type
Powder, Paste
By Application
Food and Beverage, Pharmaceuticals, Households, Others
By Companies
Magma Foods, Kanegrade Limited, Shimla hills, MoonLite, Xi'an Victory Biochemical Technology Co., Ltd, Abc International, Baaeco V Food Ltd, Jadli Foods (India) Pvt. Ltd, Abdullabhai Abdul Kader, Revata Food Products Pvt Ltd
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
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Tamarind Extract Market Report Segments:
The global Tamarind Extract market is segmented on the basis of:
Types
Powder, Paste
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 Beverage, Pharmaceuticals, Households, Others
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:
- Magma Foods
- Kanegrade Limited
- Shimla hills
- MoonLite
- Xi'an Victory Biochemical Technology Co., Ltd
- Abc International
- Baaeco V Food Ltd
- Jadli Foods (India) Pvt. Ltd
- Abdullabhai Abdul Kader
- Revata Food Products Pvt Ltd
Highlights of The Tamarind 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
- Paste
- By Application:
- Food and Beverage
- Pharmaceuticals
- Households
- Others
- 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 Tamarind 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?
Tamarind extract is a natural product that is derived from the fruit of the tamarind tree. It has been used in traditional medicine for centuries to treat a variety of conditions, including diarrhea, stomachache, and fever. Tamarind extract is also known to be an effective antioxidant and anti-inflammatory agent.
Some of the major players in the tamarind extract market are Magma Foods, Kanegrade Limited, Shimla hills, MoonLite, Xi'an Victory Biochemical Technology Co., Ltd, Abc International, Baaeco V Food Ltd, Jadli Foods (India) Pvt. Ltd, Abdullabhai Abdul Kader, Revata Food Products Pvt Ltd.
The tamarind 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 Tamarind 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 Tamarind Extract Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tamarind 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 Tamarind 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 Tamarind Extract Market Size & Forecast, 2018-2028
4.5.1 Tamarind Extract Market Size and Y-o-Y Growth
4.5.2 Tamarind Extract Market Absolute $ Opportunity
Chapter 5 Global Tamarind 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 Tamarind Extract Market Size Forecast by Type
5.2.1 Powder
5.2.2 Paste
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Tamarind 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 Tamarind Extract Market Size Forecast by Applications
6.2.1 Food and Beverage
6.2.2 Pharmaceuticals
6.2.3 Households
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tamarind 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 Tamarind 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 Tamarind Extract Analysis and Forecast
9.1 Introduction
9.2 North America Tamarind 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 Tamarind Extract Market Size Forecast by Type
9.6.1 Powder
9.6.2 Paste
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 Tamarind Extract Market Size Forecast by Applications
9.10.1 Food and Beverage
9.10.2 Pharmaceuticals
9.10.3 Households
9.10.4 Others
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 Tamarind Extract Analysis and Forecast
10.1 Introduction
10.2 Europe Tamarind 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 Tamarind Extract Market Size Forecast by Type
10.6.1 Powder
10.6.2 Paste
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 Tamarind Extract Market Size Forecast by Applications
10.10.1 Food and Beverage
10.10.2 Pharmaceuticals
10.10.3 Households
10.10.4 Others
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 Tamarind Extract Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Tamarind 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 Tamarind Extract Market Size Forecast by Type
11.6.1 Powder
11.6.2 Paste
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 Tamarind Extract Market Size Forecast by Applications
11.10.1 Food and Beverage
11.10.2 Pharmaceuticals
11.10.3 Households
11.10.4 Others
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 Tamarind Extract Analysis and Forecast
12.1 Introduction
12.2 Latin America Tamarind 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 Tamarind Extract Market Size Forecast by Type
12.6.1 Powder
12.6.2 Paste
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 Tamarind Extract Market Size Forecast by Applications
12.10.1 Food and Beverage
12.10.2 Pharmaceuticals
12.10.3 Households
12.10.4 Others
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) Tamarind Extract Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Tamarind 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) Tamarind Extract Market Size Forecast by Type
13.6.1 Powder
13.6.2 Paste
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) Tamarind Extract Market Size Forecast by Applications
13.10.1 Food and Beverage
13.10.2 Pharmaceuticals
13.10.3 Households
13.10.4 Others
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 Tamarind Extract Market: Competitive Dashboard
14.2 Global Tamarind Extract Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Magma Foods
14.3.2 Kanegrade Limited
14.3.3 Shimla hills
14.3.4 MoonLite
14.3.5 Xi'an Victory Biochemical Technology Co., Ltd
14.3.6 Abc International
14.3.7 Baaeco V Food Ltd
14.3.8 Jadli Foods (India) Pvt. Ltd
14.3.9 Abdullabhai Abdul Kader
14.3.10 Revata Food Products Pvt Ltd
