The hydroglycolic extracts market is expected to record a CAGR of 7.3% during the forecast period 2022-2032, up from US$ 500 Millionin the year 2022 to reach a valuation of US$ 1011.50 Million by 2032.
Report Attributes | Details |
CAGR | 7.3.3 % |
Value (2022) | US$ 500 Million |
Value (2032) | US$ 1011.50 Million |
The hydroglycolic extracts market is anticipated to show promising growth prospects in the forecasted period 2022-2032.
Water and glycol are mixed to form hydrogels, and hydrogels are then mixed with water to form hydrogels. It can also be propyl glycol or butylene glycol depending on what the component is. It is possible for extracts of hydroglycolic acid to be obtained both in powdered and liquid form.
In the pharmaceutical industry, food & beverage industry, cosmetics industry, and personal care industry, hydroglycolic extracts are widely used in product formulation. There is intense competition in the hydroglycolic extracts market due to a growing demand for hydroglycolic extracts and an increase in small, medium, and large-scale manufacturing facilities around the globe.
North America has a maximum share in the hydroglycolic extracts market. The pharmaceuticals & cosmetics and personal care industry accounts for the majority of hydroglycolic extracts as compared to the food & beverage industry.
It is expected that the Asian-Pacific region will be the region where the demand for hydroglycolic extracts will grow the fastest, and the same region will have the highest growth rate in the forecasted period. According to the statistics, there are various factors contributing to the increasing demand for hydroglycolic extracts such as increasing per capita income, changing lifestyles, and high levels of education.
According to Markets and Markets, China, India, and Japan are the countries contributing the most to the growth of the Asia Pacific hydroglycolic extracts market. It has been noted that China is the region that has invested the largest amount of money in Asia-Pacific to increase the production of hydroglycolic extracts.
The market share for hydroglycolic extracts is dominated by Europe, which holds the major share of the market. Europe is proud of its pharmaceutical industry, which is regarded as one of its most important assets. Our pharmaceutical industry shows remarkable technological advances and we are among the most advanced on the globe. It is worth mentioning that European pharmaceutical companies have been investing a huge amount of money in the research and development of hydroglycolic extracts.
Due to the established pharmaceutical industry, the demand for hydroglycolic extracts is increasing in Europe. The increasing consumption of processed and frozen food is helping to boost the growth rate of the hydroglycolic extracts market.
Hydroglycolic extracts are manufactured in various flavors ranging from rare and innovative flavor combinations to beneficial flavors with multiple benefits in order to maintain their market positions in hydroglycolic extracts.
Considering that hydroglycolic extracts have recently been in trend and help to increase demand, manufacturers are focusing on developing natural and organic hydroglycolic extracts.
The global hydroglycolic extracts market has numerous small-scale and international manufacturers at the regional level. Few industry players are identified across the value chain of the global hydroglycolic extracts market which Coptis, Aston Chemicals, NimbaNeem, IesLabo, Green Stone Swiss Co. Ltd, p.a, Zauba, Medextract, Sevia Brazils, Pera Ingredients, Summer Natural, Phytoplenus.
Report Attribute | Details |
Growth rate | CAGR of 7.3% from 2022 to 2032 |
Base year for estimation | 2021 |
Historical data | 2015 - 2021 |
Forecast period | 2022 - 2032 |
Quantitative units | Revenue in US$ million/billion and CAGR from 2022 to 2032 |
Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis |
Segments covered | Form, Nature, End Use, & Region |
Regional scope | North America (U.S., Canada); Latin America (Mexico, Brazil); Europe (Germany, U.K., France, Italy, Spain, Poland, Russia); East Asia (China, Japan, South Korea); South Asia (India, Thailand, Malaysia, Vietnam, Indonesia); Oceania (Australia, New Zealand); East & Africa (GCC Countries, Turkey, Northern Africa, South Africa) |
Country scope | U.S., Canada, Mexico, Brazil, Germany, U.K., France, Italy, Spain, Poland, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Vietnam, Indonesia, Australia, New Zealand, GCC Countries, Turkey, Northern Africa, South Africa |
Key companies profiled | Coptis, Aston Chemicals, NimbaNeem, IesLabo, Green Stone Swiss Co. Ltd, p.a, Zauba, Medextract, Sevia Brazils, Pera Ingredients, Summer Natural, Phytoplenus |
Customization scope | Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
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The hydroglycolic extracts market is expected to record a CAGR of 7.3% during the forecast period 2022-2032, up from US$ 500 Millionin the year 2022 to reach a valuation of US$ 1011.50 Million by 2032.
Key players holding substantial market share are Coptis, Aston Chemicals, NimbaNeem, IesLabo, Green Stone Swiss Co. Ltd, p.a, Zauba, Medextract, Sevia Brazils, Pera Ingredients, Summer Natural, and Phytoplenus.
As per the analysis, the hydroglycolic extracts market share is likely to be US$ 1011.50 Million by 2032.
Hydroxyglycolic extracts are experiencing intense competition due to a growing demand for hydroglycolic extracts and the growth of production facilities on a global scale.
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