Market Overview:
The global yucca extract material 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 extract material in the functional food, pharmaceutical, personal care and dietary supplements applications. North America is expected to dominate the global yucca extract material market in terms of revenue during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Yucca extract is a white, water-soluble powder made from the yucca plant. It is used as a thickener and stabilizer in food products.
Food Grade:
Food grade is the quality of products that are intended for human consumption. The food industry has been growing at a steady pace over the past few years and this trend is expected to continue in the coming years. With increasing population, demand for food grains and other edible products has also increased which in turn will drive market growth over the forecast period.
The global food & beverage industry was worth USD 799 billion in 2015.
Industry Grade:
Industry grade is the highest quality available in the market. It has passed several tests and research for its purity and quality. Industry grade yucca extract material is used as a raw material in manufacturing various food & beverage products, dietary supplements, animal feed additives among others. The industry-grade product has been tested to be free of any harmful substances like illegal drugs or controlled substance by accredited laboratory technicians with analysis done under certified industrial chemical analysis program (CIA).
Application Insights:
The global yucca extract material market is segmented based on application into functional food, pharmaceutical, personal care and cosmetics, and dietary supplements. Functional food was the largest application segment in 2017 owing to the rising demand for health-related products with natural ingredients. The increasing geriatric population across the world is expected to increase demand for nutritional supplements over the forecast period. This will drive industry growth during the forecast period.
Yucca extracts are used as a raw material in manufacturing of various functional foods including weight management products due to their thermogenic effect; immunity enhancers; energy boosters; digestive aids and anti-cancer agents among others (Santoyo et al., 2015). Increasing consumer awareness regarding benefits associated with these natural ingredients is anticipated to boost product consumption over next eight years (Santoyo et al., 2015).
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, personal care and nutraceutical is anticipated to drive growth. China has become a major supplier owing to low labor costs and proximity to raw material suppliers in Japan, Philippines and Indonesia.
North America emerged as the second largest regional market for yucca extract due to high demand from dietary supplement application sector mainly driven by U.S.
Growth Factors:
- Increasing demand from end-use industries such as cosmetics, pharmaceuticals, and nutraceuticals
- Rising awareness about the benefits of Yucca Extract Material among consumers
- Growing research and development activities for new applications of Yucca Extract Material
- Technological advancements in extraction and purification processes of Yucca Extract Material
- Expansion of distribution networks by key players to increase reach
Scope Of The Report
Report Attributes
Report Details
Report Title
Yucca Extract Material Market Research Report
By Type
Food Grade, Industry Grade, Medical Grade
By Application
Functional Food, Pharmaceutical, Personal Care, Dietary Supplements
By Companies
Baja Yucca Company, Naturex Group, Ingredients by Nature LLC, Plamed, Ultra Bio-Logics Inc., Garuda International, Inc., American Extracts, Nova Microbials, Desert King International, Avitech Nutrition 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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Yucca Extract Material Market Report Segments:
The global Yucca Extract Material market is segmented on the basis of:
Types
Food Grade, Industry Grade, Medical 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, Personal Care, Dietary Supplements
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:
- Baja Yucca Company
- Naturex Group
- Ingredients by Nature LLC
- Plamed
- Ultra Bio-Logics Inc.
- Garuda International, Inc.
- American Extracts
- Nova Microbials
- Desert King International
- Avitech Nutrition Pvt. Ltd.
Highlights of The Yucca Extract Material 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
- Industry Grade
- Medical Grade
- By Application:
- Functional Food
- Pharmaceutical
- Personal Care
- Dietary Supplements
- 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 Extract Material 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 extract is a natural product that is derived from the Yucca brevifolia plant. It has been used in traditional medicine to treat a variety of conditions, including pain relief, inflammation, and infection.
Some of the major players in the yucca extract material market are Baja Yucca Company, Naturex Group, Ingredients by Nature LLC, Plamed, Ultra Bio-Logics Inc., Garuda International, Inc., American Extracts, Nova Microbials, Desert King International, Avitech Nutrition Pvt. Ltd..
The yucca extract material 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. Yucca Extract Material 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. Yucca Extract Material Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Yucca Extract Material Market - Supply Chain
4.5. Global Yucca Extract Material Market Forecast
4.5.1. Yucca Extract Material Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Yucca Extract Material Market Size (000 Units) and Y-o-Y Growth
4.5.3. Yucca Extract Material Market Absolute $ Opportunity
5. Global Yucca Extract Material 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. Yucca Extract Material Market Size and Volume Forecast by Type
5.3.1. Food Grade
5.3.2. Industry Grade
5.3.3. Medical Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Yucca Extract Material 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. Yucca Extract Material Market Size and Volume Forecast by Application
6.3.1. Functional Food
6.3.2. Pharmaceutical
6.3.3. Personal Care
6.3.4. Dietary Supplements
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Yucca Extract Material 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. Yucca Extract Material 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 Yucca Extract Material 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. Yucca Extract Material 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 Yucca Extract Material Demand Share Forecast, 2019-2026
9. North America Yucca Extract Material 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 Yucca Extract Material 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 Yucca Extract Material Market Size and Volume Forecast by Application
9.4.1. Functional Food
9.4.2. Pharmaceutical
9.4.3. Personal Care
9.4.4. Dietary Supplements
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Yucca Extract Material Market Size and Volume Forecast by Type
9.7.1. Food Grade
9.7.2. Industry Grade
9.7.3. Medical Grade
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 Yucca Extract Material Demand Share Forecast, 2019-2026
10. Latin America Yucca Extract Material 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 Yucca Extract Material 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 Yucca Extract Material Market Size and Volume Forecast by Application
10.4.1. Functional Food
10.4.2. Pharmaceutical
10.4.3. Personal Care
10.4.4. Dietary Supplements
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Yucca Extract Material Market Size and Volume Forecast by Type
10.7.1. Food Grade
10.7.2. Industry Grade
10.7.3. Medical Grade
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 Yucca Extract Material Demand Share Forecast, 2019-2026
11. Europe Yucca Extract Material 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 Yucca Extract Material 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 Yucca Extract Material Market Size and Volume Forecast by Application
11.4.1. Functional Food
11.4.2. Pharmaceutical
11.4.3. Personal Care
11.4.4. Dietary Supplements
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Yucca Extract Material Market Size and Volume Forecast by Type
11.7.1. Food Grade
11.7.2. Industry Grade
11.7.3. Medical Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Yo-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 Yucca Extract Material Demand Share, 2019-2026
12. Asia Pacific Yucca Extract Material 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 Yucca Extract Material 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 Yucca Extract Material Market Size and Volume Forecast by Application
12.4.1. Functional Food
12.4.2. Pharmaceutical
12.4.3. Personal Care
12.4.4. Dietary Supplements
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Yucca Extract Material Market Size and Volume Forecast by Type
12.7.1. Food Grade
12.7.2. Industry Grade
12.7.3. Medical Grade
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 Yucca Extract Material Demand Share, 2019-2026
13. Middle East & Africa Yucca Extract Material 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 Yucca Extract Material 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 Yucca Extract Material Market Size and Volume Forecast by Application
13.4.1. Functional Food
13.4.2. Pharmaceutical
13.4.3. Personal Care
13.4.4. Dietary Supplements
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Yucca Extract Material Market Size and Volume Forecast by Type
13.7.1. Food Grade
13.7.2. Industry Grade
13.7.3. Medical Grade
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 Yucca Extract Material Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Yucca Extract Material Market: Market Share Analysis
14.2. Yucca Extract Material Distributors and Customers
14.3. Yucca Extract Material Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Baja Yucca Company
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Naturex Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ingredients by Nature LLC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Plamed
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ultra Bio-Logics Inc.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Garuda International, Inc.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. American Extracts
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nova Microbials
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Desert King International
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Avitech Nutrition Pvt. Ltd.
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
