Market Overview:
The global wolfberry extract market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for natural and organic products, rising awareness about the health benefits of wolfberry extract, and growing applications of wolfberry extract in various industries. Based on type, the global wolfberry extract market is segmented into capsules, powder, liquid, and others. Capsules are expected to account for a major share of the market due to their ease of use and portability. Based on application, hospitals and clinics are expected to account for a major share of the market due to rising demand for preventive healthcare services. However, individual households are also projected to witness significant growth during the forecast period owing Wolfberries’s popularity as a superfood supplement among consumers across regions.
Product Definition:
Wolfberry Extract is an herbal supplement made from the fruit of the Lycium barbarum plant. Wolfberry extract is used to improve eyesight and overall health.
Capsules:
Capsules are small packages that contain active ingredients and a carrier for carrying them. The size of the capsule can vary from one to four millimeters. Capsules are mostly used in medicines, supplements, and food products to protect the ingredients from deterioration or contamination by stomach acids or enzymes in the gastrointestinal tract.
Powder:
Powder is a dry, free-flowing solid material that is made up of organic compounds and inorganic compounds. It has high nutritional value and can be used as an alternative to tablets or capsules. Powder products are easy to swallow; they have better bioavailability than pills as the compound gets directly into the blood stream without first having to go through the digestive system.
Application Insights:
The others application segment accounted for the largest revenue share in 2017 and is projected to witness significant growth over the forecast period. The other applications include pharmaceuticals, nutraceuticals, cosmetics and food additives. Wolfberry has been proven to be an effective substitute for patients who are allergic or sensitive to chemotherapy or radiation therapy. It also helps in reducing nausea and vomiting caused due to chemotherapeutic drugs during cancer treatment. These factors are anticipated to boost demand from household consumers as well as hospitals & clinics over the next eight years.
Hospitals & clinics were the most prominent application segment of this market owing to high product usage by oncology doctors at their offices, consultation rooms and treatment centers for various health conditions relatedto cancer including diabetes mellitus type 2, lung disease such as asthma, liver disease including hepatitis C infection cirrhosis of liver etc., autoimmune diseases such as rheumatoid arthritis osteoarthritis etc.
Regional Analysis:
Europe dominated the global market in 2017 owing to high demand from countries, such as Germany, U.K., and France. The product is used for treating diabetes and obesity problems due to its ability to reduce weight gain in obese people. It also helps in increasing insulin sensitivity thereby reducing the risk of developing diabetes complications over a period of time.
Asia Pacific is expected to be one of the fastest-growing regions with China being one of its key markets due to rising health consciousness among consumers coupled with growing disposable income levels especially after reforms on financial sector by Chinese government has resulted into higher spending on healthcare products including dietary supplements which will drive growth further over next eight years or so. North America region is projecteded second fastest-growing region during forecast period owing to growing awareness about nutritional products among consumers particularly after reformations by new U.
Growth Factors:
- Increasing demand for Wolfberry Extract from dietary supplements and functional foods manufacturers due to its high antioxidant properties.
- Rising awareness about the health benefits of Wolfberry Extract among consumers, which is driving its demand in the global market.
- Growing popularity of wolfberry-based products as a natural source of antioxidants and other nutrients is propelling the growth of this market globally.
- The increasing use of wolfberry extract in traditional Chinese medicines for various therapeutic applications is also contributing to the growth of this market worldwide. 5) The growing trend towards healthy lifestyles has resulted in an increase in the demand for wolfberry-based products, thereby fueling the growth prospects of this market
Scope Of The Report
Report Attributes
Report Details
Report Title
Wolfberry Extract Market Research Report
By Type
Capsules, Powder, Liquid, Others
By Application
Hospitals and Clinics, Individual Households, Others
By Companies
Swanson(US), Xiu Zheng(CN), Piping Rock Health Products(US), Doctor's Best(US), Ayurish(IN)
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 Wolfberry Extract Market Report Segments:
The global Wolfberry Extract market is segmented on the basis of:
Types
Capsules, Powder, Liquid, Others
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
Hospitals and Clinics, Individual 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:
- Swanson(US)
- Xiu Zheng(CN)
- Piping Rock Health Products(US)
- Doctor's Best(US)
- Ayurish(IN)
Highlights of The Wolfberry 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:
- Capsules
- Powder
- Liquid
- Others
- By Application:
- Hospitals and Clinics
- Individual 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 Wolfberry 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?
Wolfberry extract is a natural supplement that has been traditionally used to improve cognitive function and memory.
Some of the key players operating in the wolfberry extract market are Swanson(US), Xiu Zheng(CN), Piping Rock Health Products(US), Doctor's Best(US), Ayurish(IN).
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wolfberry Extract 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. Wolfberry Extract Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wolfberry Extract Market - Supply Chain
4.5. Global Wolfberry Extract Market Forecast
4.5.1. Wolfberry Extract Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wolfberry Extract Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wolfberry Extract Market Absolute $ Opportunity
5. Global Wolfberry Extract 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. Wolfberry Extract Market Size and Volume Forecast by Type
5.3.1. Capsules
5.3.2. Powder
5.3.3. Liquid
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wolfberry Extract 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. Wolfberry Extract Market Size and Volume Forecast by Application
6.3.1. Hospitals and Clinics
6.3.2. Individual Households
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wolfberry Extract 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. Wolfberry Extract 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 Wolfberry Extract 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. Wolfberry Extract 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 Wolfberry Extract Demand Share Forecast, 2019-2026
9. North America Wolfberry Extract 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 Wolfberry Extract 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 Wolfberry Extract Market Size and Volume Forecast by Application
9.4.1. Hospitals and Clinics
9.4.2. Individual Households
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 Wolfberry Extract Market Size and Volume Forecast by Type
9.7.1. Capsules
9.7.2. Powder
9.7.3. Liquid
9.7.4. Others
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 Wolfberry Extract Demand Share Forecast, 2019-2026
10. Latin America Wolfberry Extract 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 Wolfberry Extract 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 Wolfberry Extract Market Size and Volume Forecast by Application
10.4.1. Hospitals and Clinics
10.4.2. Individual Households
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 Wolfberry Extract Market Size and Volume Forecast by Type
10.7.1. Capsules
10.7.2. Powder
10.7.3. Liquid
10.7.4. Others
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 Wolfberry Extract Demand Share Forecast, 2019-2026
11. Europe Wolfberry Extract 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 Wolfberry Extract 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 Wolfberry Extract Market Size and Volume Forecast by Application
11.4.1. Hospitals and Clinics
11.4.2. Individual Households
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 Wolfberry Extract Market Size and Volume Forecast by Type
11.7.1. Capsules
11.7.2. Powder
11.7.3. Liquid
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Typ
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 Wolfberry Extract Demand Share, 2019-2026
12. Asia Pacific Wolfberry Extract 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 Wolfberry Extract 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 Wolfberry Extract Market Size and Volume Forecast by Application
12.4.1. Hospitals and Clinics
12.4.2. Individual Households
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 Wolfberry Extract Market Size and Volume Forecast by Type
12.7.1. Capsules
12.7.2. Powder
12.7.3. Liquid
12.7.4. Others
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 Wolfberry Extract Demand Share, 2019-2026
13. Middle East & Africa Wolfberry Extract 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 Wolfberry Extract 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 Wolfberry Extract Market Size and Volume Forecast by Application
13.4.1. Hospitals and Clinics
13.4.2. Individual Households
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 Wolfberry Extract Market Size and Volume Forecast by Type
13.7.1. Capsules
13.7.2. Powder
13.7.3. Liquid
13.7.4. Others
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 Wolfberry Extract Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wolfberry Extract Market: Market Share Analysis
14.2. Wolfberry Extract Distributors and Customers
14.3. Wolfberry Extract Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Swanson(US)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Xiu Zheng(CN)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Piping Rock Health Products(US)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Doctor's Best(US)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ayurish(IN)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
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