According to Future Market Insights research, during the projected period, the Jujube Extract market is expected to grow at a CAGR of 3.8%. The market value is projected to increase from US$ 6,173.0 Million in 2022 to US$ 8,963.4 Million by 2032. The Jujube Extract market was valued at US$ 5845.67 Million at the end of 2021 and is anticipated to exhibit a CAGR growth of 3.4% from 2016 to 2021.
Attributes
Details
Market Size Value in 2022
US$ 6,173.0 Million
Market Forecast Value in 2032
US$ 8,963.4 Million
Global Growth Rate (2022 to 2032)
3.8% CAGR
Forecast Period
2022 to 2032
CAGR of the United Kingdom in Europe
4.9%
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Introduction
Jujube is full of calcium, vitamin C, lipids, protein, and carbs. It also has anti-cancer components that help cancer cells regress and return to normal. Comparing jujube to citrus fruits, the vitamin C content is 20 times higher. Extracts from jujubes support the health of the body's hormones, muscles, skin, bones, enzymes, and neurotransmitters.
Additionally, if taken daily, it protects against gallstones, relieves tension and anxiety, and speeds up recovery three times faster than just taking vitamin pills. Jujube extracts can relieve sore throats, boost the immune system, and treat viral infection indications when combined with herbs like peppermint, ginger, and licorice.
Jujube extracts are employed as nutrient components in traditional diets, functional food ingredients, and dietary supplements. A jujube extract is made up of three ingredients: water, ethanol, and organic astragalus root. Jujube extracts have the power to heal anemia, regulate blood pressure, reverse liver illness, and stop the growth of malignant cells that might cause leukemia. Jujube extracts are utilized in skin care products and aid in the treatment of sunburn, dry patches, and wrinkles.
Comparing historical outlook and projections for the world’ s Jujube Extract
A new report published by Future market insights, titled, Jujube Extract Market - Global Opportunity Analysis and Industry Forecast, 2022 to 2032, projects the global Jujube Extract market to reach US$ 8,963.4 Million by 2032. The market was valued US$ 4,451.6 Million in 2016 and is expected to grow at a CAGR of 3.8% from 2022 to 2032.
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Country-wise Insights
What is the overview of the market of Jujube Extract in the world?
Jujube trees are the most uncommon of all fruit trees in the USA. Jujube fruits, on the other hand, are the most well-known fruit in China. Due to the rising demand for functional foods and flavored food products, the food and beverage application category in the jujube extracts market will have the quickest growth throughout the forecast period. Jujube fruit is sold as dried dates in China and is widely available in grocery stores. Fruits from the jujube tree are highly advised for the treatment of rheumatic complaints.
Due to the region's high predilection for processed meals and juices, regular product launches of innovative food items, the region's high level of public knowledge of the health advantages of jujube fruit, and the existence of key players. In terms of the high prevalence of jujube fruit plants in developing nations like China, rising consumption of functional foods, rising demand for dietary supplements, rapidly rising consumer awareness along with rising consumer spending power, and preferences for natural ingredients, Asia Pacific, the Middle East, and Africa hold enormous potential and exhibit significant growth.
What is the outlook of North America in the market of Jujube Extract in the world?
According to the report, North America is expected to see the strongest growth over the next five years, there will be a need for jujube extract. The USA and Canadian markets' rising demand will be the main driver of this expansion. Because jujube extract is becoming more and more well-liked as a health supplement, the USA is likely to experience a significant increase in demand.
North America is anticipated to have one of the quickest rates of growth for the sales of jujube extract, according to London-based research firm Euromonitor International.
What is the outlook of Europe in the market of Jujube Extract in the world?
In recent years, the market for jujube extract in Europe has been growing rapidly. This is due to the increasing demand for natural and organic products in the region. The jujube extract market is expected to continue its growth in the coming years. This is due to the increasing awareness of the health benefits of jujube extract and the growing popularity of natural and organic products.
What is the outlook of Asia Pacific in the market of Jujube Extract in the world?
The Asia Pacific region is expected to experience the highest growth in demand for jujube extract, due to the rapidly growing economies of China and India. In addition, the traditional use of jujube extract in Chinese medicine is expected to continue to drive demand in China. Japan is also a key market for jujube extract, due to the popularity of functional foods and beverages. Russia is another key market in the Asia Pacific region, due to the growing popularity of natural and herbal remedies.
Category-wise Insights
What are the major drivers for Jujube Extract in the Market?
Jujube extracts are utilized in skin care products and aid in the treatment of sunburn, dry skin, and wrinkles.
The desire for Flavoured food products, growing attention to multifunctional ingredients in processed foods, cutting-edge technology, growing manufacturing capacity, and growth of the food and beverage industry are all factors driving the market for jujube extracts.
Jujube extracts also improve the food texture marketplace and the product's durability. A substitute for jujube extracts in packaged foods, a change in the climate, and strict government interference, however, could slow the market's expansion in the near future.
What is the different source for the extraction of Jujube Extract?
The dried fruit of the jujube tree is used to make jujube extract. The jujube tree is indigenous to China, where it has long been grown as a crop. The jujube tree's fruit is utilized in traditional Chinese medicine, and an extract of it is said to offer therapeutic benefits. Due to its alleged health advantages, jujube extract demand has grown recently. Supplemental foods and cosmetics both include jujube extract. It can be derived from the jujube tree's fruit or leaves.
Jujube extract can be found in two different forms: synthetic and natural. While natural jujube extract is taken from the fruit or leaves of the jujube tree, synthetic jujube extract is created in laboratories.
What is the major restraint for Jujube Extract in Market?
The jujube fruit is used to make jujube extract, a natural product. Although this extract has long been employed in traditional Chinese medicine, Western nations have only recently begun to take notice. It is not the best choice for usage as a dietary supplement due to a number of significant drawbacks.
One of jujube extract's greatest drawbacks is that it can harm the liver. In fact, treating liver diseases is one of the main uses of this extract in traditional Chinese medicine. Consuming too much jujube extract, however, can harm the liver.
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Supermarket and Industrial Distributors Are Propelling the Growth Jujube Extract in Market
The Jujube Extract in market is expected to grow at a CAGR of 3.8% during the forecast period of 2022 to 2032. The main factors, opportunities, and difficulties affecting the market's expansion are thoroughly examined in the report. One of the main reasons fueling the market's expansion is the expanding need for jujube extracts from industrial distributors and supermarkets. The market is expanding due to the rising demand for jujube extracts as a natural sweetener and taste enhancer. One more thing driving the market for jujube extract is the rising cost of sugar and artificial sweeteners.
However, a significant issue that could impede the expansion of this market during the anticipated time is the lack of consumer knowledge of jujube extract in several regions.
Competitive Landscape
Due to an increase in usage by supermarkets and industrial distributors, the jujube extract market is expanding quickly. Due to the substantial demand from these groups and the constrained availability of the product, the price of jujube extract has been increasing. However, when compared to other similar products on the market, the pricing is still quite affordable. Because of this, jujube extract is a popular choice among distributors.
Jujube Extract Market Report Scope
Attribute
Details
Forecast Period
2022 to 2032
Historical Data Available for
2017 to 2022
Market Analysis
US$ Million for Value and Units for Volume
Key Regions Covered
North America
Latin America
Europe
Asia Pacific
Oceania
Middle East and Africa(MEA)
Key Countries Covered
USA
Canada
Mexico
Germany
United Kingdom
France
Italy
Spain
China
Japan
India
South Korea
Australia
Brazil
Argentina
South Africa
United Arab Emirates(UAE)
Key Segments Covered
By Type
By End-user
By Region
By Distribution Channel
Key Companies Profiled
Chem-Bridge Co. Ltd.
Nutragreenlife Biotechnology Co., Ltd
Shaanxi Sciphar Natural Products Co., Ltd.
Damin Foodstuff (Zhangzhou)Co., Ltd.
Alps Pharmaceutical Ltd. co., Ltd.
DaeHeung Agricultural Co., Ltd.
XBrain ltd.
Risun Bio-Tech Inc.
Naturalin Bio-Resources Co., Ltd.
Alps Pharmaceutical Ltd. Co., Ltd.
Edwards And Co., Ltd
Report Coverage
Market Forecast, Company Share Analysis, Competitive Landscape, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing
Available upon Request
Jujube Extract Market is segmentation
By Type, the Jujube Extract Market is segmented as:
Seed
Powder
Liquid
By Region, the Jujube Extract Market is segmented as:
North America
Latin America
Europe
Asia Pacific
Oceania
Middle East and Africa(MEA)
By End-use, the Jujube Extract Market is segmented as:
Pharmaceuticals
Food And Beverage
Dietary Supplements
Consumer Goods
By Distribution channel, the Jujube Extract Market is segmented as:
Pharmacies/Drugstores
Health & Beauty stores
Hypermarket/Supermarket
Direct Selling
Online
Frequently Asked Questions
What is the market Share value of Jujube Extract in 2022?
The global Jujube Extract market will reach a valuation of US$ 6,173.0 Million by the end of 2022.
What is the demand outlook forecast for the Jujube Extract market?
The global Jujube Extract market is forecasted to surpass US$ 8,963.4 Million by the end of 2032.
Which are the major countries driving demand for Jujube Extract Market?
The USA, Germany, Japan, China, India, Australia, United Kingdom are the major countries driving demand for Jujube Extract Market.
What is the, USA Jujube Extract Market Outlook?
The USA Jujube Extract Market is contributing 30.3% of the total value share in the global market.
What is the, Germany Jujube Extract Market Outlook?
The Germany Jujube Extract Market is contributing 29.7% of the total value share in the global market.
What is the, Japan Jujube Extract Market Outlook?
In Japan Jujube Extract Market is contributing 7.7% of the total market share which is valued in the year 2022.
What is the, India Jujube Extract Market Outlook?
In India Jujube Extract Market is contributing 5.4% of CAGR for the latest period.
What is the, China Jujube Extract Market Outlook?
In China Jujube Extract Market is contributing 6.1% of CAGR for the latest period.
What is the, Australia Jujube Extract Market Outlook?
In Australia Jujube Extract Market is contributing 2.2% of the total value share in the global market.
