The global ginkgo biloba extract market size is expected to attain a valuation of around US$ 2,579.2 million by 2034. The market is anticipated to witness a steady CAGR of 4.1% in the assessment period 2024 to 2034. By the end of 2024, the market for ginkgo biloba extracts is projected to reach a total valuation of US$ 1,719.1 million.
| Attributes | Key Insights |
|---|---|
| Estimated Global Ginkgo Biloba Extract Market Size (2024E) | US$ 1,719.1 million |
| Projected Ginkgo Biloba Extract Market Value (2034F) | US$ 2,579.2 million |
| Value-based CAGR (2024 to 2034) | 4.1% |
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The global ginkgo biloba extract market witnessed consistent sales growth from 2019 to 2023.
The market is expected to surge at a CAGR of 4.1% by 2034.
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The worldwide ginkgo biloba extract industry is likely to be impacted by the peer or tangential markets in the food and beverages division. These include the dietary supplement market and the functional food and natural health product industry.
Drivers and trends are thoroughly analyzed to find business opportunities in all these markets. Due to the increasing focus on health and wellness, the dietary supplement market is expected to lead by offering customized products targeting immune support, mental health, energy, and digestion.
Ginkgo Biloba Extract Market:
| Attributes | Ginkgo Biloba Extract Market |
|---|---|
| CAGR (2024 to 2034) | 4.1% |
| Global Ginkgo Biloba Extract Market Opportunities | Sales of ginkgo biloba extracts are expected to propel amid rising wellness and self-care trends. |
| Ginkgo Biloba Supplement Trends | Shift toward plant-based cosmetics & personal care products is expected to propel the market expansion. |
Functional Food and Natural Health Product Market:
| Attributes | Functional Food and Natural Health Product Market |
|---|---|
| CAGR (2024 to 2034) | 5.3% |
| Opportunity | There is a growing trend toward plant-based and vegan diets driven by factors such as health concerns, ethical considerations, and environmental sustainability. This creates opportunities for functional food and natural health products that cater to plant-based and vegan consumers, providing them with nutrient-rich alternatives. |
| Key Trends | The market for functional beverages, including functional waters, herbal teas, and enhanced juices, is a growing trend. Consumers are looking for convenient and enjoyable ways to include functional ingredients in their daily routines. |
Dietary Supplement Market:
| Attributes | Dietary Supplement Market |
|---|---|
| CAGR (2024 to 2034) | 9.5% |
| Opportunity | There is a growing emphasis on health and wellness, with individuals seeking ways to support their overall well-being. Dietary supplement manufacturers cater to these specific health needs and are introducing customized products for immune support, mental health, energy, and digestion. |
| Key Trends | There is a growing market for supplements targeting beauty and skincare. Like collagen, biotin and other ingredients promoting skin health and anti-aging benefits are gaining popularity. |
The table below shows the estimated growth rates of the top five countries. India, Japan, and Germany are set to record high CAGRs of 8.3%, 6.9%, and 7.3%, respectively, through 2034.
| Countries | CAGR (2024 to 2034) |
|---|---|
| United States | 4.3% |
| China | 6.2% |
| India | 8.3% |
| Japan | 6.9% |
| Germany | 7.3% |
The table below explains the ginkgo biloba extract market size of the leading five countries for 2034. Among them, the United States is anticipated to remain at the forefront by reaching a valuation of US$ 317.2 million. It is set to be followed by China, reaching a market valuation of US$ 283.7 million by 2034.
| Countries | Country-wise Value (2034) |
|---|---|
| United States | US$ 317.2 million |
| China | US$ 283.7 million |
| India | US$ 237.3 million |
| Japan | US$ 208.9 million |
| Germany | US$ 136.7 million |
The ginkgo biloba extract market in the United States is estimated to exhibit a CAGR of 4.3% through 2034. This is due to a combination of several factors.
Japan's ginkgo biloba extract market is expected to grow at a CAGR of 6.9% through 2034. Top factors supporting the market expansion in the country include:
Ginkgo biloba extract demand in India is anticipated to rise at a steady CAGR of 8.3% during the forecast period. This is attributable to a combination of factors, including:
The below section shows the powder segment dominating by form category. The segment is expected to reach US$ 1,397.9 million by 2034. Based on functionality, the supplement grade segment is anticipated to generate a dominant share through 2024. It is set to reach a market valuation of US$ 1,444.4 million by 2034.
| Segment | Market Share (2034) |
|---|---|
| Powder (Form) | US$ 1,397.9 million |
| Dietary Supplements (End-use Application) | US$ 1,240.6 million |
| Supplement Grade (Functionality) | US$ 1,444.4 million |
| Conventional (Product Claim) | US$ 2,011.8 million |
The dietary supplements segment is anticipated to thrive at 4.8% CAGR during the projection period.
Ginkgo biloba extract manufacturers are investing in research and development to increase brand preference and sales. Leading companies in the market are concentrating on expanding their portfolios by launching new products. Key players are directed toward advertisements, partnerships, acquisitions, agreements, and mergers to stay relevant in the market.
For instance
The market is set to reach US$ 1,719.1 million in 2024.
Demand for ginkgo biloba extracts is slated to expand at a 4.1% CAGR by 2034.
The market is set to reach US$ 2,579.2 million in 2034.
Provital Group, SILAB Inc., and Lucas Meyer Cosmetics are the key players.
North America is estimated to hold a significant market share in 2024.
Cosmetics & personal care industry is estimated to hold a significant market share in 2024.
1. Executive Summary 1.1. Global Market Outlook 1.2. Segmental Share Analysis 1.3. Dynamics Snapshot 1.4. Wheel of Fortune 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition 3. Market Dynamics 3.1. Drivers 3.1.1. Supply Side Drivers 3.1.2. Demand Side drivers 3.1.3. Economic Side Drivers 3.2. Restraints 3.3. Opportunity 3.4. Market trends by Region 3.5. Forecast Factors - Relevance & Impact 3.6. Regulations and Policies 4. Global Market - Pricing Analysis 4.1. Price Point Assessment by Region 4.1.1. Manufacturer Level Pricing 4.1.2. Distributor Level Pricing 4.2. Price Point Assessment by Form 4.3. Price Forecast till 2034 5. Value Chain Analysis 5.1. Operating margins at each node of supply chain 5.2. List of Active Market Participants 6. Global Market Size in Value (US$ million) and Volume (MT) Analysis 2019 to 2023 and Forecast, 2024 to 2034 6.1. Historical Market Size in Value (US$ million) and Volume (MT) Analysis, 2019 to 2023 6.2. Current and Future Market Size in Value (US$ million) and Volume (MT) Analysis, 2024 to 2034 6.2.1. Y-o-Y Growth Trend Analysis 6.2.2. Absolute $ Opportunity Analysis 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Form 7.1. Introduction / Key Findings 7.2. Historical Market Size in Value (US$ million) and Volume (MT) Analysis by Form, 2019 to 2023 7.3. Current and Future Market Size in Value (US$ million) and Volume (MT) Analysis and Forecast by Form, 2024 to 2034 7.3.1. Powder 7.3.2. Liquid 7.3.3. Dried Leaves/ Tea 7.4. Market Attractiveness Analysis by Form 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by End-use Application 8.1. Introduction / Key Findings 8.2. Historical Market Size in Value (US$ million) and Volume (MT) Analysis by End-use Application, 2019 to 2023 8.3. Current and Future Market Size in Value (US$ million) and Volume (MT) Analysis and Forecast by End-use Application, 2024 to 2034 8.3.1. Dietary Supplements 8.3.1.1. Tablets 8.3.1.2. Capsules 8.3.1.3. Liquid 8.3.1.4. Others (Softgels, Gummy) 8.3.2. Cosmetics & Personal Care Industry 8.3.2.1. Skin Care 8.3.2.2. Hair Care 8.3.2.3. Bath & Beauty 8.3.2.4. Cosmetics 8.3.2.5. Lip Care 8.3.3. Herbal Tea/Functional Tea 8.4. Market Attractiveness Analysis by End-use Application 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Functionality 9.1. Introduction / Key Findings 9.2. Historical Market Size in Value (US$ million) and Volume (MT) Analysis by Functionality, 2019 to 2023 9.3. Current and Future Market Size in Value (US$ million) and Volume (MT) Analysis and Forecast by Functionality, 2024 to 2034 9.3.1. Supplement Grade 9.3.1.1. Reduces Anxiety 9.3.1.2. Heart Health 9.3.1.3. Improves Brain Function 9.3.1.4. General Well Being 9.3.1.5. Support Vision & Eye Health 9.3.1.6. Treat Headaches & Migraines 9.3.1.7. Improve Asthma and COPD 9.3.1.8. Reduces PMS Symptoms Treats & Sexual Dysfunction 9.3.2. Personal Care & Cosmetic Grade 9.3.3. Anti-aging 9.3.3.1. Anti-oxidant 9.3.3.2. Moisturizing 9.3.3.3. Hair Color Protection 9.3.3.4. Skin Hydration 9.3.3.5. Soothing 9.4. Market Attractiveness Analysis by Functionality 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Product Claim 10.1. Introduction / Key Findings 10.2. Historical Market Size in Value (US$ million) and Volume (MT) Analysis by Product Claim, 2019 to 2023 10.3. Current and Future Market Size in Value (US$ million) and Volume (MT) Analysis and Forecast by Product Claim, 2024 to 2034 10.3.1. Organic 10.3.2. Conventional 10.4. Market Attractiveness Analysis by Product Claim 11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region 11.1. Introduction 11.2. Historical Market Size in Value (US$ million) and Volume (MT) Analysis by Region, 2019 to 2023 11.3. Current Market Size in Value (US$ million) and Volume (MT) Analysis and Forecast by Region, 2024 to 2034 11.3.1. North America 11.3.2. Latin America 11.3.3. Europe 11.3.4. East Asia 11.3.5. South Asia 11.3.6. Oceania 11.3.7. Middle East and Africa 11.4. Market Attractiveness Analysis by Region 12. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034 12.1. Introduction 12.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis by Market Taxonomy, 2019 to 2023 12.3. Market Size (US$ million) and Volume(MT) Forecast by Market Taxonomy, 2024 to 2034 12.3.1. by Country 12.3.1.1. United States 12.3.1.2. Canada 12.3.2. by Form 12.3.3. by End-use Application 12.3.4. by Functionality 12.3.5. by Product Claim 12.4. Market Attractiveness Analysis 12.4.1. by Country 12.4.2. by Form 12.4.3. by End-use Application 12.4.4. by Functionality 12.4.5. by Product Claim 12.5. Key takeaways 13. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034 13.1. Introduction 13.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis by Market Taxonomy, 2019 to 2023 13.3. Market Size (US$ million) and Volume (MT) Forecast by Market Taxonomy, 2024 to 2034 13.3.1. by Country 13.3.1.1. Brazil 13.3.1.2. Mexico 13.3.1.3. Argentina 13.3.1.4. Rest of Latin America 13.3.2. by Form 13.3.3. by End-use Application 13.3.4. by Functionality 13.3.5. by Product Claim 13.4. Market Attractiveness Analysis 13.4.1. by Country 13.4.2. by Form 13.4.3. by End-use Application 13.4.4. by Functionality 13.4.5. by Product Claim 13.5. Key takeaways 14. Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034 14.1. Introduction 14.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis by Market Taxonomy, 2019 to 2023 14.3. Market Size (US$ million) and Volume(MT) Forecast by Market Taxonomy, 2024 to 2034 14.3.1. by Country 14.3.1.1. Germany 14.3.1.2. United Kingdom 14.3.1.3. France 14.3.1.4. Italy 14.3.1.5. Spain 14.3.1.6. BENELUX 14.3.1.7. Nordic 14.3.1.8. Russia 14.3.1.9. Poland 14.3.1.10. Rest of Europe 14.3.2. by Form 14.3.3. by End-use Application 14.3.4. by Functionality 14.3.5. by Product Claim 14.4. Market Attractiveness Analysis 14.4.1. by Country 14.4.2. by Form 14.4.3. by End-use Application 14.4.4. by Functionality 14.4.5. by Product Claim 14.5. Key takeaways 15. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034 15.1. Introduction 15.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis by Market Taxonomy, 2019 to 2023 15.3. Market Size (US$ million) and Volume(MT) Forecast by Market Taxonomy, 2024 to 2034 15.3.1. by Country 15.3.1.1. China 15.3.1.2. Japan 15.3.1.3. South Korea 15.3.2. by Form 15.3.3. by End-use Application 15.3.4. by Functionality 15.3.5. by Product Claim 15.4. Market Attractiveness Analysis 15.4.1. by Country 15.4.2. by Form 15.4.3. by End-use Application 15.4.4. by Functionality 15.4.5. by Product Claim 15.5. Key takeaways 16. South Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034 16.1. Introduction 16.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis by Market Taxonomy, 2019 to 2023 16.3. Market Size (US$ million) and Volume(MT) Forecast by Market Taxonomy, 2024 to 2034 16.3.1. by Country 16.3.1.1. India 16.3.1.2. Thailand 16.3.1.3. Malaysia 16.3.1.4. Indonesia 16.3.1.5. Vietnam 16.3.1.6. Philippines 16.3.1.7. Singapore 16.3.1.8. Rest of South Asia 16.3.2. by Form 16.3.3. by End-use Application 16.3.4. by Functionality 16.3.5. by Product Claim 16.4. Market Attractiveness Analysis 16.4.1. by Country 16.4.2. by Form 16.4.3. by End-use Application 16.4.4. by Functionality 16.4.5. by Product Claim 16.5. Key takeaways 17. Oceania Market Analysis 2019 to 2023 and Forecast 2024 to 2034 17.1. Introduction 17.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis by Market Taxonomy, 2019 to 2023 17.3. Market Size (US$ million) and Volume(MT) Forecast by Market Taxonomy, 2024 to 2034 17.3.1. by Country 17.3.1.1. Australia 17.3.1.2. New Zealand 17.3.2. by Form 17.3.3. by End-use Application 17.3.4. by Functionality 17.3.5. by Product Claim 17.4. Market Attractiveness Analysis 17.4.1. by Country 17.4.2. by Form 17.4.3. by End-use Application 17.4.4. by Functionality 17.4.5. by Product Claim 17.5. Key takeaways 18. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034 18.1. Introduction 18.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis by Market Taxonomy, 2019 to 2023 18.3. Market Size (US$ million) and Volume(MT) Forecast by Market Taxonomy, 2024 to 2034 18.3.1. by Country 18.3.1.1. GCC Countries 18.3.1.2. Turkiye 18.3.1.3. Egypt 18.3.1.4. South Africa 18.3.1.5. Rest of Middle East and Africa 18.3.2. by Form 18.3.3. by End-use Application 18.3.4. by Functionality 18.3.5. by Product Claim 18.4. Market Attractiveness Analysis 18.4.1. by Country 18.4.2. by Form 18.4.3. by End-use Application 18.4.4. by Functionality 18.4.5. by Product Claim 18.5. Key takeaways 19. Country-level Market Analysis, 2024 19.1. United States Market Analysis 19.1.1. by Form 19.1.2. by End-use Application 19.1.3. by Functionality 19.1.4. by Product Claim 19.2. Canada Market Analysis 19.2.1. by Form 19.2.2. by End-use Application 19.2.3. by Functionality 19.2.4. by Product Claim 19.3. Brazil Market Analysis 19.3.1. by Form 19.3.2. by End-use Application 19.3.3. by Functionality 19.3.4. by Product Claim 19.4. Mexico Market Analysis 19.4.1. by Form 19.4.2. by End-use Application 19.4.3. by Functionality 19.4.4. by Product Claim 19.5. Argentina Market Analysis 19.5.1. by Form 19.5.2. by End-use Application 19.5.3. by Functionality 19.5.4. by Product Claim 19.6. Germany Market Analysis 19.6.1. by Form 19.6.2. by End-use Application 19.6.3. by Functionality 19.6.4. by Product Claim 19.7. United Kingdom Market Analysis 19.7.1. by Form 19.7.2. by End-use Application 19.7.3. by Functionality 19.7.4. by Product Claim 19.8. France Market Analysis 19.8.1. by Form 19.8.2. by End-use Application 19.8.3. by Functionality 19.8.4. by Product Claim 19.9. Italy Market Analysis 19.9.1. by Form 19.9.2. by End-use Application 19.9.3. by Functionality 19.9.4. by Product Claim 19.10. Spain Market Analysis 19.10.1. by Form 19.10.2. by End-use Application 19.10.3. by Functionality 19.10.4. by Product Claim 19.11. BENELUX Market Analysis 19.11.1. by Form 19.11.2. by End-use Application 19.11.3. by Functionality 19.11.4. by Product Claim 19.12. Nordic Market Analysis 19.12.1. by Form 19.12.2. by End-use Application 19.12.3. by Functionality 19.12.4. by Product Claim 19.13. Russia Region Market Analysis 19.13.1. by Form 19.13.2. by End-use Application 19.13.3. by Functionality 19.13.4. by Product Claim 19.14. Poland Market Analysis 19.14.1. by Form 19.14.2. by End-use Application 19.14.3. by Functionality 19.14.4. by Product Claim 19.15. China Market Analysis 19.15.1. by Form 19.15.2. by End-use Application 19.15.3. by Functionality 19.15.4. by Product Claim 19.16. Japan Market Analysis 19.16.1. by Form 19.16.2. by End-use Application 19.16.3. by Functionality 19.16.4. by Product Claim 19.17. South Korea Market Analysis 19.17.1. by Form 19.17.2. by End-use Application 19.17.3. by Functionality 19.17.4. by Product Claim 19.18. India Market Analysis 19.18.1. by Form 19.18.2. by End-use Application 19.18.3. by Functionality 19.18.4. by Product Claim 19.19. Thailand Market Analysis 19.19.1. by Form 19.19.2. by End-use Application 19.19.3. by Functionality 19.19.4. by Product Claim 19.20. Malaysia Market Analysis 19.20.1. by Form 19.20.2. by End-use Application 19.20.3. by Functionality 19.20.4. by Product Claim 19.21. Indonesia Market Analysis 19.21.1. by Form 19.21.2. by End-use Application 19.21.3. by Functionality 19.21.4. by Product Claim 19.22. Vietnam Market Analysis 19.22.1. by Form 19.22.2. by End-use Application 19.22.3. by Functionality 19.22.4. by Product Claim 19.23. Philippines Market Analysis 19.23.1. by Form 19.23.2. by End-use Application 19.23.3. by Functionality 19.23.4. by Product Claim 19.24. Singapore Market Analysis 19.24.1. by Form 19.24.2. by End-use Application 19.24.3. by Functionality 19.24.4. by Product Claim 19.25. Australia Market Analysis 19.25.1. by Form 19.25.2. by End-use Application 19.25.3. by Functionality 19.25.4. by Product Claim 19.26. New Zealand Market Analysis 19.26.1. by Form 19.26.2. by End-use Application 19.26.3. by Functionality 19.26.4. by Product Claim 19.27. GCC Countries Market Analysis 19.27.1. by Form 19.27.2. by End-use Application 19.27.3. by Functionality 19.27.4. by Product Claim 19.28. Turkiye Market Analysis 19.28.1. by Form 19.28.2. by End-use Application 19.28.3. by Functionality 19.28.4. by Product Claim 19.29. Egypt Market Analysis 19.29.1. by Form 19.29.2. by End-use Application 19.29.3. by Functionality 19.29.4. by Product Claim 19.30. South Africa Market Analysis 19.30.1. by Form 19.30.2. by End-use Application 19.30.3. by Functionality 19.30.4. by Product Claim 20. Market Structure Analysis 20.1. Global Market Competition - a Dashboard View 20.2. Industry Structure Analysis 20.2.1. % tier 1 Market players 20.2.2. % tier 2 Market players 20.2.3. % tier 3 Market players 20.3. Global Market Company Share Analysis 20.3.1. For Tier 1 Market Players, 2024 20.3.2. Company Market Share Analysis of Top 5 Players, by Region 20.4. Key Participants Market Presence (Intensity Mapping) by Region 21. Competition Analysis 21.1. Competition Dashboard 21.2. Competition Benchmarking 21.3. Competition Deep Dive 21.3.1. Provital Group 21.3.1.1. Product Portfolio 21.3.1.2. Product Claim 21.3.1.3. Revenue by Market Segments (Product/Channel/Region) 21.3.1.4. Sales Footprint 21.3.1.5. Strategy Overview 21.3.1.5.1. Marketing Strategy 21.3.1.5.2. Product Strategy 21.3.1.5.3. Channel Strategy 21.3.1.6. SWOT Analysis 21.3.2. SILAB Inc. 21.3.3. Lucas Meyer Cosmetics 21.3.4. Rahn AG 21.3.5. Croda International Plc 21.3.6. Hallstar 21.3.7. Givaudan 21.3.8. S.A. Herbal Bioactives LLP 21.3.9. Indena S.p.A. 21.3.10. Hunan NutraMax Inc. 21.3.11. BIOLANDES Group 21.3.12. Bio-Botanica Inc. 21.3.13. Others (On Additional Request) 22. Assumptions and Acronyms 23. Research Methodology
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Ginkgo Biloba Extract Market
