Market Overview:
The global pygeum extracts market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for pygeum extracts from the health care industry and pharmaceutical industry. Pygeum extracts are used in various applications such as dietary supplements, functional foods, and nutraceuticals. North America is expected to dominate the global pygeum extracts market during the forecast period owing to the presence of major players operating in this region and rising awareness about benefits associated with use of pygeum extracts.
Product Definition:
Pygeum Extracts are a purified form of the Pygeum africanum plant. They are used to treat urinary problems and prostate disorders.
>90% Extract:
90% extract is a high-quality, highly concentrated solution of pygeum. It has been used traditionally in medicines to treat infections and inflammations. The 90% extraction process yields an extremely pure form of pygeum that contains over 80 elements (including rare earths) out of which 80% are present at a very low concentration and their combined total is less than 1%.
Low Concentration Product:
Low concentration product is a solution of pyrogenic plant extract in water. It helps to increase the solubility and bioavailability of active ingredients in plants. Low concentration products are used as additives for various applications such as soil fertilizers, hydroponics, and so on.
The major application of low-concentration products is found in agriculture sector where it's used to enhance the absorption capacity for phosphorus by crops during their growth cycle.
Application Insights:
The others application segment accounted for the largest revenue share of over 30% in 2017. The health care industry is expected to be one of the fastest growing segments owing to increasing utilization in various applications including as a dietary supplement and for treating joint pain, osteoarthritis, rheumatoid arthritis and low back pain.
Pygeum extract is also used as an active pharmaceutical ingredient (API) by companies such as Cargill Dow Inc., MGP Ingredients Ltd., Mylan N.V., Pfizer Global Research & Development Inc., Royal DSM N.V.; and Sun Pharmaceutical Industries Ltd among others for manufacturing drugs & medicines that are used for treating various diseases such as cancer, diabetes 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 consumption in various applications and increasing awareness about its health benefits. Increasing geriatric population, rising disposable income, and rapid urbanization are some of the major factors driving demand for natural products in this region.
The product has been used traditionally as an anti-aging cosmetic in Korea due to its properties such as reducing wrinkles, dark circles under eyes area, firmness around lips area and other areas caused by aging process.
Growth Factors:
- Increasing demand for natural and herbal remedies for various health conditions is driving the growth of the Pygeum Extracts market.
- Rising awareness about the benefits of Pygeum Extracts is also propelling the growth of this market.
- The increasing use of Pygeum Extracts in dietary supplements and functional foods is another key factor fuelling market growth.
- Growing research and development activities on Pygeum Extracts are providing new opportunities to this market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pygeum Extracts Market Research Report
By Type
>90% Extract, Low Concentration Product
By Application
Health Care Industry, Pharmaceutical Industry, Others
By Companies
Euromed, Maypro, Naturex, Natural Field, Xi'an Herbking, NETURACTIVE
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Pygeum Extracts Market Report Segments:
The global Pygeum Extracts market is segmented on the basis of:
Types
>90% Extract, Low Concentration Product
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
Health Care Industry, Pharmaceutical Industry, 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:
- Euromed
- Maypro
- Naturex
- Natural Field
- Xi'an Herbking
- NETURACTIVE
Highlights of The Pygeum 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:
- >90% Extract
- Low Concentration Product
- By Application:
- Health Care Industry
- Pharmaceutical Industry
- 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 Pygeum 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.
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?
Pygeum extract is a natural product derived from the bark of the Pygeum tree. It is used as an anti-inflammatory and antioxidant agent.
Some of the key players operating in the pygeum extracts market are Euromed, Maypro, Naturex, Natural Field, Xi'an Herbking, NETURACTIVE.
The pygeum 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. Pygeum 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. Pygeum Extracts Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pygeum Extracts Market - Supply Chain
4.5. Global Pygeum Extracts Market Forecast
4.5.1. Pygeum Extracts Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pygeum Extracts Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pygeum Extracts Market Absolute $ Opportunity
5. Global Pygeum 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. Pygeum Extracts Market Size and Volume Forecast by Type
5.3.1. >90% Extract
5.3.2. Low Concentration Product
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pygeum 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. Pygeum Extracts Market Size and Volume Forecast by Application
6.3.1. Health Care Industry
6.3.2. Pharmaceutical Industry
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Pygeum 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. Pygeum 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 Pygeum 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. Pygeum 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 Pygeum Extracts Demand Share Forecast, 2019-2026
9. North America Pygeum 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 Pygeum 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 Pygeum Extracts Market Size and Volume Forecast by Application
9.4.1. Health Care Industry
9.4.2. Pharmaceutical Industry
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Pygeum Extracts Market Size and Volume Forecast by Type
9.7.1. >90% Extract
9.7.2. Low Concentration Product
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 Pygeum Extracts Demand Share Forecast, 2019-2026
10. Latin America Pygeum 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 Pygeum 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 Pygeum Extracts Market Size and Volume Forecast by Application
10.4.1. Health Care Industry
10.4.2. Pharmaceutical Industry
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Pygeum Extracts Market Size and Volume Forecast by Type
10.7.1. >90% Extract
10.7.2. Low Concentration Product
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 Pygeum Extracts Demand Share Forecast, 2019-2026
11. Europe Pygeum 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 Pygeum 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 Pygeum Extracts Market Size and Volume Forecast by Application
11.4.1. Health Care Industry
11.4.2. Pharmaceutical Industry
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Pygeum Extracts Market Size and Volume Forecast by Type
11.7.1. >90% Extract
11.7.2. Low Concentration Product
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/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 Pygeum Extracts Demand Share, 2019-2026
12. Asia Pacific Pygeum 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 Pygeum 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 Pygeum Extracts Market Size and Volume Forecast by Application
12.4.1. Health Care Industry
12.4.2. Pharmaceutical Industry
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Pygeum Extracts Market Size and Volume Forecast by Type
12.7.1. >90% Extract
12.7.2. Low Concentration Product
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 Pygeum Extracts Demand Share, 2019-2026
13. Middle East & Africa Pygeum 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 Pygeum 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 Pygeum Extracts Market Size and Volume Forecast by Application
13.4.1. Health Care Industry
13.4.2. Pharmaceutical Industry
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Pygeum Extracts Market Size and Volume Forecast by Type
13.7.1. >90% Extract
13.7.2. Low Concentration Product
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 Pygeum Extracts Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Pygeum Extracts Market: Market Share Analysis
14.2. Pygeum Extracts Distributors and Customers
14.3. Pygeum Extracts Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Euromed
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Maypro
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Naturex
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Natural Field
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Xi'an Herbking
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. NETURACTIVE
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
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
