Market Overview:
The global papaya extracts 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 cosmetic products. In addition, rising awareness about the health benefits of papaya extracts is also contributing to the growth of this market. Based on type, liquid segment is expected to dominate the global papaya extracts market during the forecast period owing to its easy usage and convenience in handling and storage. On account of their high nutritional value, demand for powdered form of papaya extract is also increasing among consumers worldwide. Food application dominates the global Papaya Extracts Market with a share of more than 50%. This can be attributed due to growing inclination towards healthy eating habits and rising consumer awareness about various health benefits associated with consumption of Papaya Extracts-containing foods such as weight loss, anti-inflammatory properties, etc.
Product Definition:
Papaya Extracts are a natural product derived from the papaya fruit. Papaya extracts are used in foods and dietary supplements as a source of enzymes, including papain and chymopapain. These enzymes are believed to support digestion and help maintain overall health.
Liquid:
Liquid is a water-based solution of papaya extract. It helps in enhancing the properties of other ingredients used in cosmetics and skincare products. Papaya extracts are rich source of vitamins A, B6 & E, carotenoids & fatty acids which help to reduce the signs of aging skin, improve skin texture and provide moisture to the skin.
Powder:
Powder is a dry, free-flowing solid and is made up of organic materials. It can be categorized as per the composition of its ingredients such as minerals, chemicals or even plant matter. The powder form has higher surface area compared to the liquid and gels form which enables it to retain essential oils at a faster rate.
Application Insights:
The food application segment led the global market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. The product has various applications in food processing, including salad dressings, sauces, toppings and beverages as well as snacks. Papaya fruit pulp is rich in vitamins (A & C) and dietary fiber; it also contains papain which has excellent digestive properties making it suitable for use in salads or meals with meat.
Papayas are widely grown across Latin America due to their ability to provide natural colors for foods while maintaining taste and nutritional value of final products. They are also used as an ingredient for manufacturing juices owing to their high juice content along with low acidity levels which makes them ideal for consumption without the need of any additional sweeteners or preservatives.
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, Japan, and Thailand. The region has been witnessing strong economic growth over the past few years on account of rapid industrialization and urbanization resulting in an increasing population. This is anticipated to drive product consumption across various applications including food additives, cosmetics products, pharmaceuticals/health care products among others.
North America was the second largest regional segment accounting for a revenue share of 22% in 2017 owing to growing consumer awareness regarding health benefits associated with fruit extracts along with rising spending capacity within households especially among middle-class income groups are some factors driving industry growth within this region. However high production costs coupled with stringent regulations from U.
Growth Factors:
- Increasing demand for natural and organic products: The global market for natural and organic products is projected to grow at a CAGR of more than 14% from 2016 to 2021. This growth is driven by the increasing awareness among consumers about the benefits of using natural and organic products, as well as the growing number of health-conscious consumers.
- Rising demand for functional foods: The global market for functional foods is projected to grow at a CAGR of more than 8% from 2016 to 2021. This growth is driven by the increasing awareness among consumers about the benefits of consuming functional foods, which are designed to provide specific health benefits beyond basic nutrition.
- Growing popularity of papaya supplements: Papaya extracts are being increasingly used in supplements due to their high antioxidant content and other beneficial properties such as anti-inflammatory effects, cancer prevention, etc. The global market for dietary supplements is projected to grow at a CAGR of more than 7% from 2016 to 2021.
Scope Of The Report
Report Attributes
Report Details
Report Title
Papaya Extracts Market Research Report
By Type
Liquid, Powder
By Application
Food, Cosmetics, Pharmaceutical and Health Care, Household Chemical Products, Feeds, Others
By Companies
Guangdong DCIN Chemical Technology Co., Ltd., The Garden of Naturalsolution Co., Ltd., Croda, Lipotec S.A.U., Provital Group, Lucas Meyer Cosmetics, Greentech, Rahn AG, Xi'an B-Thriving I/E Co.,Ltd., TALENT HEALTHCARE
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Papaya Extracts Market Report Segments:
The global Papaya Extracts market is segmented on the basis of:
Types
Liquid, Powder
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, Cosmetics, Pharmaceutical and Health Care, Household Chemical Products, Feeds, 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:
- Guangdong DCIN Chemical Technology Co., Ltd.
- The Garden of Naturalsolution Co., Ltd.
- Croda
- Lipotec S.A.U.
- Provital Group
- Lucas Meyer Cosmetics
- Greentech
- Rahn AG
- Xi'an B-Thriving I/E Co.,Ltd.
- TALENT HEALTHCARE
Highlights of The Papaya Extracts 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:
- Liquid
- Powder
- By Application:
- Food
- Cosmetics
- Pharmaceutical and Health Care
- Household Chemical Products
- Feeds
- 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 Papaya Extracts 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.
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- Correctly Positioning New Products
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- Understanding Competition Scenario
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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?
Papaya extract is a natural product derived from the fruit of the papaya plant. It is a yellow to light brown liquid that contains antioxidants and other beneficial compounds. Papaya extract can be used as an ingredient in cosmetics, skin care products, and food products.
Some of the key players operating in the papaya extracts market are Guangdong DCIN Chemical Technology Co., Ltd., The Garden of Naturalsolution Co., Ltd., Croda, Lipotec S.A.U., Provital Group, Lucas Meyer Cosmetics, Greentech, Rahn AG, Xi'an B-Thriving I/E Co.,Ltd., TALENT HEALTHCARE.
The papaya extracts market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Papaya Extracts Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Papaya Extracts Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Papaya Extracts Market - Supply Chain
4.5. Global Papaya Extracts Market Forecast
4.5.1. Papaya Extracts Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Papaya Extracts Market Size (000 Units) and Y-o-Y Growth
4.5.3. Papaya Extracts Market Absolute $ Opportunity
5. Global Papaya Extracts Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Papaya Extracts Market Size and Volume Forecast by Type
5.3.1. Liquid
5.3.2. Powder
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Papaya Extracts Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Papaya Extracts Market Size and Volume Forecast by Application
6.3.1. Food
6.3.2. Cosmetics
6.3.3. Pharmaceutical and Health Care
6.3.4. Household Chemical Products
6.3.5. Feeds
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Papaya Extracts Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Papaya Extracts Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Papaya Extracts Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Papaya Extracts Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Papaya Extracts Demand Share Forecast, 2019-2026
9. North America Papaya Extracts Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Papaya Extracts Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Papaya Extracts Market Size and Volume Forecast by Application
9.4.1. Food
9.4.2. Cosmetics
9.4.3. Pharmaceutical and Health Care
9.4.4. Household Chemical Products
9.4.5. Feeds
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Papaya Extracts Market Size and Volume Forecast by Type
9.7.1. Liquid
9.7.2. Powder
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Papaya Extracts Demand Share Forecast, 2019-2026
10. Latin America Papaya Extracts Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Papaya Extracts Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Papaya Extracts Market Size and Volume Forecast by Application
10.4.1. Food
10.4.2. Cosmetics
10.4.3. Pharmaceutical and Health Care
10.4.4. Household Chemical Products
10.4.5. Feeds
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Papaya Extracts Market Size and Volume Forecast by Type
10.7.1. Liquid
10.7.2. Powder
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Papaya Extracts Demand Share Forecast, 2019-2026
11. Europe Papaya Extracts Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Papaya Extracts Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Papaya Extracts Market Size and Volume Forecast by Application
11.4.1. Food
11.4.2. Cosmetics
11.4.3. Pharmaceutical and Health Care
11.4.4. Household Chemical Products
11.4.5. Feeds
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Papaya Extracts Market Size and Volume Forecast by Type
11.7.1. Liquid
11.7.2. Powder
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Atractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Papaya Extracts Demand Share, 2019-2026
12. Asia Pacific Papaya Extracts Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Papaya Extracts Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Papaya Extracts Market Size and Volume Forecast by Application
12.4.1. Food
12.4.2. Cosmetics
12.4.3. Pharmaceutical and Health Care
12.4.4. Household Chemical Products
12.4.5. Feeds
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Papaya Extracts Market Size and Volume Forecast by Type
12.7.1. Liquid
12.7.2. Powder
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Papaya Extracts Demand Share, 2019-2026
13. Middle East & Africa Papaya Extracts Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Papaya Extracts Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Papaya Extracts Market Size and Volume Forecast by Application
13.4.1. Food
13.4.2. Cosmetics
13.4.3. Pharmaceutical and Health Care
13.4.4. Household Chemical Products
13.4.5. Feeds
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Papaya Extracts Market Size and Volume Forecast by Type
13.7.1. Liquid
13.7.2. Powder
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Papaya Extracts Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Papaya Extracts Market: Market Share Analysis
14.2. Papaya Extracts Distributors and Customers
14.3. Papaya Extracts Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Guangdong DCIN Chemical Technology Co., Ltd.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. The Garden of Naturalsolution Co., Ltd.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Croda
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Lipotec S.A.U.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Provital Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lucas Meyer Cosmetics
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Greentech
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Rahn AG
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Xi'an B-Thriving I/E Co.,Ltd.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. TALENT HEALTHCARE
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook