This report titled “Quillaia Extract Market - Growth, Future Prospects, and Competitive Analysis, 2016 – 2024” offers strategic insights into the trends in quillaia extract market along with the market size and forecast for the duration 2013 to 2024. The said research study incorporates in-depth analysis of multiple market segments based on application and geographical distribution.

Quillaia extracts are natural foaming and emulsifying agents finding extensive use in food and beverage products such as puddings, frozen dairy products, sweets, baked goods, gelatine and extensively in soft drinks. Being a key formulator for foam formation, quillaia extract drive the overall natural foaming agents market growth especially in food and beverages in the next five to six years. There has been increased intervention of food and beverage ingredient manufacturers to develop foam stabilizing agents, supported by the property of being efficient water-soluble foaming compound along with proper maintenance of temperature, shelf-stability and taste. Quillaia extract are extensively used in powdered form, however liquid extract is used particularly in beverages and few other agricultural applications.

Based on application, quillaia extract market is segmented into food products, beverages, personal care products, and feed, aqua & agriculture applications. Market size and forecast for all the considered segmentation is presented in this report for the period 2013-2023 (US$ Mn) along with their respective CAGRs for the forecast period 2016-2023 (Value %).

Based on application, the global quillaia extract market is segmented as follows:

• Food Products
• Beverages
• Personal Care Products
• Feed, Aqua & Agriculture Application

Quillaia extract, which comes from bark, stems and branches of the soapbark tree and are also known as china bark tree, panama bark tree and quillai extract among others. Quillaia extract contains high amount of saponins that is increased with the help of processing finding application in food products, beverages, personal care products, and feed, aqua & agriculture application. Of different applications, beverages segment dominated the market in terms of revenue share contribution, followed by feed, aqua and agriculture application and food products segment. Growing awareness for health consciousness among the consumers coupled with benefits related to consumption of natural-based ingredients have led to high demand for products such as quillaia among food and beverage manufacturers. Thus, leading to development of efficient foaming ingredients in adequate manner for formulations. Beverages and food products segment collectively accounted for around 75% of the total quillaia extract market in terms of revenue share contribution in 2015. Application of spirulina extracts for other applications such as personal care is one of the top application areas for existing as well as new quillaia extract manufacturers to focus, while investing in the market.

Quillaia extract has been gaining adoption across various applications worldwide. Strategic alliances to expand production of quillaia along with support right from procurement, manufacturing, and logistics are being observed among prominent players further intended to mitigate the demand for specialty ingredients especially in Latin America. Since, quillaia extracts are native to Chile, the domestic consumption of quillaia extract is expected to remain significant especially among food and beverage manufacturers. Europe and North America dominated the market in terms of revenue share in 2015 and collectively accounted for around 70% share of the market in terms of value. Both the regions are anticipated to record robust growth during the forecast period 2016 to 2024. Government intervention for food safety and standards, consumer concerns for healthy food products are some of the factors leading towards adoption of natural ingredient products, thereby leading to significant quillaia extract market growth in the regions. Quillaia extract market is further expected to record steady growth in Asia Pacific and Middle East and Africa, attributed to less commercialization of quillaia extracts in these regions

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Quillaia Extract market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Quillaia Extract market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Quillaia Extract market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Quillaia Extract market?
• Which is the largest regional market for Quillaia Extract market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Quillaia Extract market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Quillaia Extract market worldwide?