Global Garcinia Market Research Report—Forecast till 2025

SKU ID : MRF- 15864861

Publishing Date : 30-Jun-2020

No. of pages : 100

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  • Global Garcinia Market Research Report—Forecast till 2025

    Market Overview


    Global Garcinia Market is accounted to register a CAGR of 3.77% and valued to reach USD 127.95 Million during the forecast period. Garcinia is a tropical fruit also known as the Malabar tamarind. It is applicable in weight loss and offers many health benefits such as helps to keep blood sugar cholesterol in levels. It is available in powder and liquid extracts however it can be consumed directly as a fruit for various products.
    The Global Garcinia Market is expected to register incredible growth during the review period owing to rising health consciousness among people, rising demand for natural and healthy ingredients in the production of functional food & beverages, and dietary supplements. The expansion of the global Garcinia market is attributed to various factors. The widespread adoption of Garcinia in cosmeceuticals and nutraceuticals is estimated to produce new opportunities for the vendors active in the global market. Whereas, the side effects caused due to prolonged consumption of garcinia are forecasted to hinder the growth of the global market.
    Market Segmentation
    The global garcinia market has been segmented into application and form. Based on application type, the global market has been classified into dietary supplements, functional food & beverages, and personal care. In 2018, the dietary supplements segment has been estimated for the largest market share of 81.19% and estimated to command the market during the review period. In terms of form segment, the market has been bifurcated into powder and liquid forms.
    Regional Analysis
    Geographically, the global Garcinia market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.
    According to the study, Europe accounted for a major market contribution of the global garcinia market and estimated to witness the moderate growth rate during the assessment period. The regional market growth of the garcinia market in Europe is attributed to several factors like the high production of dietary supplements in the European countries. The European garcinia market is accounted to be valued at USD 40.78 million by the end of 2025 with the highest CAGR of 3.71% during the study period.
    In 2018, North America has held a prominent market share of the global market and expected to witness a substantial growth rate during the review period.
    The US accounted to lead the market of the North America garcinia market and estimated to command its dominance throughout the research period. Asia-Pacific is one of the fastest-growing markets for garcinia manufacturers. Among the countries of the Asia-Pacific region, China is leading the regional market.

    Major Players
    The Key Players in the Global Garcinia Market include Hunan Huacheng Biotech Inc. (China), Hunan NutraMax Inc. (China), Nuvaria Ingredients (US), Ambe Phytoextracts Private Ltd (India), Indfrag Limited (India), Xi'an Lyphar Biotech Co., Ltd (China), Cymbio Pharma Private Limited (India), Xian Tonking Biotech Co., Ltd (China), BioActives Europe GmbH (Germany), and Shaanxi Bolin Biotechnology Co., Ltd (China).

    COVID 19 Impacts
    We are continuously tracking the impact of COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations and many other useful insights.

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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