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Garcinia Cambogia Extract Market

Market Insights on Garcinia Cambogia Extract covering sales outlook, demand forecast & up-to-date key trends

Garcinia Cambogia Extract Market by Form, Sales Channel & Region - Forecast 2022 - 2032

Garcinia Cambogia Extract Market Outlook

According to Future Market Insights research, during the projected forecast period, the Garcinia Cambogia Extract market is expected to grow at a CAGR of 3.8%. The market value projected to increase is from USD 114.5 Mn in 2022 to USD 166.3 Mn by 2032. The Garcinia Cambogia Extract market was valued at USD 110.2 Mn at the end of 2021 and is projected to exhibit Y-o-Y growth of 3.9% in 2022.

Market Size Value in 2022

USD 114.5 Mn

Market Forecast Value in 2032

USD 166.3 Mn

Global Growth Rate (2022 to 2032)

3.8% CAGR

Forecast Period

2022-2032

U.S. market share of Garcinia Cambogia Extract

34.0%

The tropical plant known as garcinia cambogia is indigenous to South-East Asia and India. It resembles a hybrid of a tomato and a pumpkin. In animal studies, a substance called hydroxycitric acid (HCA), which is contained in the fruit's peel, has been shown to support weight loss.

Under a variety of names, including garcinia cambogia extract, garcinia, garcinia gummi-gutta, garcinia diet supplement, garcinia complex, cambogia garcinia, or brindleberry, the extract of HCA is offered in powdered or tablet form.

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Historical Outlook vs. Future Projections of Garcinia Cambogia Extract Market

In Historical outlook of Garcinia Cambogia Extract market the value increased from USD 94.6 Mn in 2017 to USD 110.2Mn in 2021. The CAGR (2017-2021) is observed to be 3.9%.

The expansion of the worldwide garcinia cambogia extract market is predicted to be fueled by the increase in demand for weight-loss supplements. In addition to being utilized as a weight-loss aid, garcinia cambogia extract also possesses several unique qualities, including the ability to lower cholesterol levels, lower the risk of heart disease, lower the risk of ulcers, and improve lipid profiles.

Additionally, it supports better cardiovascular health and a better metabolism. The diverse qualities of garcinia cambogia extract have undoubtedly drawn pharmaceutical companies, which will significantly increase the market's growth. The market is also being stimulated by customers' growing knowledge of the health advantages of garcinia cambogia extract.

For the Future projection of Garcinia Cambogia Extract market the value increased from USD 114.5 Mn in 2022 to USD 166.3 Mn in 2032. The CAGR (2022-2032) is estimated to be 3.8%.

Country Wise Analysis

How North America Garcinia Cambogia Extract market is shaping?

The Garcinia Cambogia Extract market is growing rapidly in North America. This is due to the increasing popularity of weight loss supplements and the growing awareness of the health benefits of Garcinia Cambogia.

U.S. contributes 34.0% of total revenue for Garcinia Cambogia Extract Market.

How Europe Garcinia Cambogia Extract market is shaping?

Garcinia Cambogia extract supplements are becoming increasingly popular as people look for natural ways to improve their health and lose weight. The European market for Garcinia Cambogia extract is expected to grow significantly over the next few years as more people become aware of its potential health benefits.

Germany contributes 25.5% to Garcinia Cambogia Extract market and U.K. CAGR for forecast period is 3.9%.

How Asia Pacific is growing in Garcinia Cambogia Extract market?

The Garcinia Cambogia extract market is expected to grow significantly in the Asia Pacific region over the next five years. This growth can be attributed to the rising obesity rates in Asian countries such as China and India, as well as the growing awareness of the health benefits of Garcinia Cambogia extract.

With its proven efficacy and safety, Garcinia Cambogia extract is poised to become one of the leading weight loss supplements in the Asia Pacific region.

Japan contribution in Garcinia Cambogia Extract market is 5.6% of total market share, India and China are market drivers in Asia Pacific and their latest CAGR in Garcinia Cambogia Extract market are 5.0% and 4.3% respectively.

What is Garcinia Cambogia Extract market situation in Latin America region?

Garcinia Cambogia extract supplements are becoming increasingly popular, particularly in Latin America. This is likely due to the fact that Garcinia Cambogia has been shown to be effective for weight loss. In one study, participants who took Garcinia Cambogia extract lost an average of 5.4kg over 12 weeks, without making any other changes to their diet or lifestyle.

How the RoW is responding to Garcinia Cambogia Extract market?

From Oceania region Australia is contributing 2.8% of total revenue of Garcinia Cambogia Extract market.

The Garcinia Cambogia Extract market in Australia is expected to grow significantly in the next few years. This is due to the growing awareness of the health benefits of HCA and the rising obesity rates in Australia.

Nandini Roy Choudhury
Principal Consultant
LinkedIn
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Category Wise Insights

What is Garcinia Cambogia?

Small, sweet Garcinia Cambogia fruit, often called Malabar tamarind, is a tropical tree fruit. Garcinia cambogia is also known as the Assam fruit, Panampulli, Manda Huli, Vadakkan Puli, Mangosteen, and Goraka Pulli. Depending on the spices used, garcinia cambogia can be found in yellow, green, or red hues.

What Ingredients Are in Garcinia Cambogia Extract?

Vitamins B, C, folic acid, thiamin, niacin, magnesium, potassium, manganese, and hydroxycitric acid are all abundant in garcinia cambogia extract (HCA). Garcinia Cambogia Extract contains hydroxycitric acid, an appetite suppressant that lessens cravings and the desire to eat calories. Additionally, hydroxycitric acid promotes serotonin production, lowers belly fat, speeds up metabolism, reduces stress hormones, and improves mood and sleep.

What are the benefits of consuming Garcinia Cambogia Extract?

Your general health is enhanced by garcinia cambogia extract, which also stops calories from being turned into fat. The development of an enzyme that lowers the body's metabolic rate is inhibited by hydroxycitric acid. As a result, the body turns the additional calories into glycogen. Additionally, garcinia cambogia extract promotes muscular growth in the body.

Competitive Landscape

Garcinia cambogia extract is a popular weight loss supplement that has been on the market for over a decade. The competitive landscape for garcinia cambogia extract is crowded with many brands vying for market share. However, there are a few key players that have emerged as leaders in the space.

One of the leading brands of garcinia cambogia extract is Garcinia Cambogia Extra. The company has been in business since 2006 and has an impressive track record of safety and efficacy. Clinical studies have shown that their product is effective for weight loss, and they offer a money-back guarantee if customers are not satisfied.

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Garcinia Cambogia Extract Market Report Scope

Attribute

Details

Forecast Period

2022-2032

Historical Data Available for

2017-2022

Market Analysis

USD Mn for Value and Units for Volume

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • MEA
  • RoW

Key Countries Covered

  • US
  • Canada
  • Germany
  • UK
  • France
  • Russia
  • Brazil
  • Argentina
  • Japan
  • Australia
  • China
  • India

Key Segments Covered

  • Form
  • Sales Channel
  • Region

Key Companies Profiled

  • Garcinia Cambogia Extra
  • Power up health
  • Nature wise
  • BioGanix
  • Naturabest
  • Top Secret Nutrition
  • NOW Foods
  • Global Health Ideas
  • Natrol
  • St.Botanica

Report Coverage

DROT Analysis, Market Forecast, Company Share Analysis, Market Dynamics and Challenges, Competitive Landscape, and Strategic Growth Initiatives

Customization & Pricing

Available upon Request

Segmentation Of Garcinia Cambogia Extract Market

Segmentation by Form:

  • Capsule
  • Liquid
  • Powder

Segmentation by Sales Channel:

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Medical Stores
  • Online Stores

Segmentation by Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • MEA
  • RoW

Frequently Asked Questions

The global Garcinia Cambogia Extract market will reach a valuation of USD 114.5 Mn by the end of 2022.

The U.S. Garcinia Cambogia Extract Market is contributing 34.0% of total market share which values around USD 38.9 Mn.

U.S., Canada, Mexico, Argentina, Brazil, Germany, U.K., France, Italy, Russia, China, Japan, India, Australia are the major countries driving demand for Garcinia Cambogia Extract Market.

The Germany Garcinia Cambogia Extract Market is contributing 25.5% of total market share which values at USD 29.4 Mn.

• Garcinia Cambogia Extra • Power up health • Nature wise • BioGanix • Naturabest Above are the top 5 market players in Garcinia Cambogia Extract industry.

The Japan Garcinia Cambogia Extract market contribution is 5.6% of total market share.

The India Garcinia Cambogia Extract market will grow at 5.0% CAGR between 2022 and 2032

The global Garcinia Cambogia Extract market is forecasted to surpass USD 166.3 Mn by the end of 2032.

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Nandini Roy Choudhury
Principal Consultant
LinkedIn
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Garcinia Cambogia Extract Market