Market Overview:
The global yucca extracts market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for yucca extracts in the food and pharmaceutical industries. In addition, rising awareness about the health benefits of yucca extracts is also contributing to the growth of this market. The global yucca extracts market can be segmented on the basis of type into food grade and pharmaceutical grade. The food grade segment is expected to account for a major share of the global yucca extracts market in 2018. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 due to its growing demand in functional foods and dietary supplements applications worldwide.
Product Definition:
Yucca extract is a natural product made from the Yucca plant. It is used to make soap, cosmetics, and other products. Yucca extract contains saponins, which are natural cleaning agents. They help to remove dirt and oil from the skin and hair.
Food Grade:
Food grade is the term used for products that are intended for human consumption. The food industry has been growing rapidly over the past few years and this trend is expected to continue in the coming years. This growth can be attributed to factors such as increasing population, rising disposable income, changing lifestyle of consumers and increased demand for processed & convenience foods among others.
The global food & beverage market was worth USD 714 billion in 2015.
Pharmaceutical Grade:
Pharmaceutical grade is the highest quality available in the market. It is also used as a benchmark for other grades in the yucca extracts materials industry. Pharmaceutical grade has several advantages over other grades such as it contains higher amount of bioactive compounds, and lower amount of filler material.
Application Insights:
The global yucca extracts materials market is segmented based on application into functional food, pharmaceutical, dietary supplements, personal care and industrial. The personal care segment held the largest share of over 30% in 2017. This can be attributed to growing environmental concerns regarding usage of synthetic products over natural ones. Increasing consumer preference for herbal and organic products is also a key factor driving the demand for yucca extract-based cosmetics globally.
Yucca extracts are widely used as raw material in manufacturing dietary supplements owing to their high nutritional content and ability to prevent various diseases including heart disease, diabetes etc., Furthermore, they are also used as an ingredient in making medicines due to their anti-inflammatory properties that help reduce pain & Inflammation caused by arthritis & joint pain etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of a large number of manufacturers coupled with growing demand from end-use industries such as pharmaceutical, functional food, cosmetics, and others is anticipated to drive growth. China has become a major hub for raw material suppliers owing to low manufacturing cost coupled with easy availability of land and labor.
The country’s government has made it mandatory for nuclear power plants to store spent nuclear fuel onsite at all times beginning from 2018 under the Nuclear Energy Law (NEL). This will result in an increased demand for yucca extracts as they are used as a radiation shield during storage & transportation of spent fuel rods. In addition, rising awareness about health benefits associated with Yucca plant extracts among consumers is expected to propel industry growth over the next eight years.
Growth Factors:
- Increasing demand for Yucca Extracts Materials from end-use industries such as pharmaceuticals, cosmetics, and food & beverages.
- Growing awareness about the benefits of Yucca Extracts Materials among consumers.
- Rising R&D expenditure by manufacturers to develop new and innovative products using Yucca Extracts Materials.
- Increasing investments by companies in marketing and promotion of Yucca Extracts Materials products worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Yucca Extracts Materials Market Research Report
By Type
Food Grade, Pharmaceutical Grade
By Application
Functional Food, Pharmaceutical, Dietary Supplements, Personal Care, Industrial, Others
By Companies
Avitech Nutrition, Naturex, BAJA Yucca, Plamed, Desert King International, American Extracts, Nova Microbials, Garuda International, Avitech Nutrition
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
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Yucca Extracts Materials Market Report Segments:
The global Yucca Extracts Materials market is segmented on the basis of:
Types
Food Grade, Pharmaceutical Grade
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
Functional Food, Pharmaceutical, Dietary Supplements, Personal Care, Industrial, 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:
- Avitech Nutrition
- Naturex
- BAJA Yucca
- Plamed
- Desert King International
- American Extracts
- Nova Microbials
- Garuda International
- Avitech Nutrition
Highlights of The Yucca Extracts Materials 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:
- Food Grade
- Pharmaceutical Grade
- By Application:
- Functional Food
- Pharmaceutical
- Dietary Supplements
- Personal Care
- Industrial
- 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 Yucca Extracts Materials 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?
Yucca extracts are a natural product derived from the Yucca brevifolia plant. The extract is composed of water, ethanol, and yucca terpenes.
Some of the major companies in the yucca extracts materials market are Avitech Nutrition, Naturex, BAJA Yucca, Plamed, Desert King International, American Extracts, Nova Microbials, Garuda International, Avitech Nutrition.
The yucca extracts materials 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 Yucca Extracts Materials 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 Yucca Extracts Materials Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Yucca Extracts Materials 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 Yucca Extracts Materials 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 Yucca Extracts Materials Market Size & Forecast, 2018-2028
4.5.1 Yucca Extracts Materials Market Size and Y-o-Y Growth
4.5.2 Yucca Extracts Materials Market Absolute $ Opportunity
Chapter 5 Global Yucca Extracts Materials 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 Yucca Extracts Materials Market Size Forecast by Type
5.2.1 Food Grade
5.2.2 Pharmaceutical Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Yucca Extracts Materials 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 Yucca Extracts Materials Market Size Forecast by Applications
6.2.1 Functional Food
6.2.2 Pharmaceutical
6.2.3 Dietary Supplements
6.2.4 Personal Care
6.2.5 Industrial
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Yucca Extracts Materials 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 Yucca Extracts Materials 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 Yucca Extracts Materials Analysis and Forecast
9.1 Introduction
9.2 North America Yucca Extracts Materials 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 Yucca Extracts Materials Market Size Forecast by Type
9.6.1 Food Grade
9.6.2 Pharmaceutical Grade
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 Yucca Extracts Materials Market Size Forecast by Applications
9.10.1 Functional Food
9.10.2 Pharmaceutical
9.10.3 Dietary Supplements
9.10.4 Personal Care
9.10.5 Industrial
9.10.6 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 Yucca Extracts Materials Analysis and Forecast
10.1 Introduction
10.2 Europe Yucca Extracts Materials 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 Yucca Extracts Materials Market Size Forecast by Type
10.6.1 Food Grade
10.6.2 Pharmaceutical Grade
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 Yucca Extracts Materials Market Size Forecast by Applications
10.10.1 Functional Food
10.10.2 Pharmaceutical
10.10.3 Dietary Supplements
10.10.4 Personal Care
10.10.5 Industrial
10.10.6 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 Yucca Extracts Materials Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Yucca Extracts Materials 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 Yucca Extracts Materials Market Size Forecast by Type
11.6.1 Food Grade
11.6.2 Pharmaceutical Grade
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 Yucca Extracts Materials Market Size Forecast by Applications
11.10.1 Functional Food
11.10.2 Pharmaceutical
11.10.3 Dietary Supplements
11.10.4 Personal Care
11.10.5 Industrial
11.10.6 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 Yucca Extracts Materials Analysis and Forecast
12.1 Introduction
12.2 Latin America Yucca Extracts Materials 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 Yucca Extracts Materials Market Size Forecast by Type
12.6.1 Food Grade
12.6.2 Pharmaceutical Grade
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 Yucca Extracts Materials Market Size Forecast by Applications
12.10.1 Functional Food
12.10.2 Pharmaceutical
12.10.3 Dietary Supplements
12.10.4 Personal Care
12.10.5 Industrial
12.10.6 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) Yucca Extracts Materials Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Yucca Extracts Materials 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) Yucca Extracts Materials Market Size Forecast by Type
13.6.1 Food Grade
13.6.2 Pharmaceutical Grade
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) Yucca Extracts Materials Market Size Forecast by Applications
13.10.1 Functional Food
13.10.2 Pharmaceutical
13.10.3 Dietary Supplements
13.10.4 Personal Care
13.10.5 Industrial
13.10.6 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 Yucca Extracts Materials Market: Competitive Dashboard
14.2 Global Yucca Extracts Materials Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Avitech Nutrition
14.3.2 Naturex
14.3.3 BAJA Yucca
14.3.4 Plamed
14.3.5 Desert King International
14.3.6 American Extracts
14.3.7 Nova Microbials
14.3.8 Garuda International
14.3.9 Avitech Nutrition
