This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Privacy Policy
- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States
T: +1-845-579-5705
MEA
Market Access DMCC
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Americas
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
Europe
Future Market Insights
3rd Floor, 207 Regent Street,
London W1B 3HH
United Kingdom
T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268
APAC
Future Market Insights
Office No. 401-A, 4th Floor,
VANTAGE 9, S.No. 36/1/1,
Baner, Pune 411045 India

Tamarind Extract Market

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

Tamarind Extract Market by Form, End-Use, Sales Channel & Region – Forecast to 2022-2032

Tamarind Extract Market Outlook

According to Future Market Insights research, during the projected forecast period, the Tamarind Extract market is expected to grow at a CAGR of 5.8%. The market value projected to increase is from USD 926.9 Mn in 2022 to USD 1628.9 Mn by 2032. The Tamarind Extract market was valued at USD 876.9 Mn at the end of 2021 and is expected to exhibit Y-o-Y growth of 5.7% in 2022.

Market Size Value in 2022

USD 926.9 Mn

Market Forecast Value in 2032

USD 1,628.9 Mn

Global Growth Rate (2022 to 2032)

5.8% CAGR

Forecast Period

2022-2032

U.S. market share of Tamarind Extract

31.9%

A crucial food additive with a unique flavor is tamarind extract. It enhances flavor and taste in a number of culinary products. Tamarind is used by the beverage sector to produce juice because of its ability to keep things cold. Tamarind offers a number of beneficial properties for your health, including antibacterial, antioxidant, antifungal and antiseptic properties. Every household needs skin moisturizing and bleaching agents, which are made from tamarind in the cosmetics sector.

Customize this Report

Let us know your requirement to get
100% FREE customization

Historical Outlook vs. Future Projections of Tamarind Extract Market

In Historical outlook of Tamarind Extract market the value increased from USD 702.5 Mn in 2017 to USD 876.9 Mn in 2021. The CAGR (2017-2021) is observed to be 5.7%.

The main driver of tamarind extract demand globally is the increased customer demand for healthy food products. In addition, the market for tamarind extract is anticipated to have a jump in demand during the projected period as a result of the rising awareness of the harmful effects of artificial or synthetic products.

As governments' strict regulations are a powerful force projected to impede the industry's growth during the forecast period, the tamarind extract market is expected to experience a plunge.

Country-wise Insights

How North America Tamarind Extract market is shaping?

The region's target market is anticipated to develop as a result of rising Ayurvedic use and investments in the healthcare sector. Significant revenue growth in the global market is anticipated to come from the North American industry.

U.S. contributes 31.9% of total revenue for Tamarind Extract Market.

How Europe Tamarind Extract market is shaping?

The expansion of the food processing businesses in these areas can be ascribed to the Europe market. The increased demand for organic cosmetics in the area also means that tamarind extract is frequently utilized in hair and skin care products.

Germany contributes 29.4% to Tamarind Extract market and U.K. CAGR for forecast period is 4.6%.

How Asia Pacific is growing in Tamarind Extract market?

Due to the presence of a significant producer and exporter of tamarind extract in nations like India, the Asia Pacific market is anticipated to earn a significant revenue share and to dominate the target market. An additional element that is anticipated to encourage market expansion in the Asia Pacific area is the enormous supply of wild tamarinds in Thailand and Indonesia.

Japan contribution in Tamarind Extract market is 9.9%of total market share, India and China are market drivers in Asia Pacific and their latest CAGR in Tamarind Extract market are 3.6% and 5.3% respectively.

How the RoW is responding to Tamarind Extract market?

From Oceania region Australia is contributing 2.5% of total revenue of Tamarind Extract market.

Nandini Roy Choudhury
Nandini Roy Choudhury
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

Category Wise Insights

What is Tamarind Extract?

Tamarind extract is a natural food product made from the tamarind fruit. Tamarind extract is used as a flavoring agent in many cuisines, and has a variety of health benefits. Tamarind extract is high in antioxidants and can help boost the immune system. Tamarind extract also has anti-inflammatory properties and can help relieve joint pain.

How Tamarind Extract is extracted from tamarind fruit?

Tamarind extract is derived from the tamarind fruit, which is native to Africa. The tamarind tree produces an abundance of fruit, which is harvested and then dried. The dried fruit is then ground into a powder and used to make tamarind extract.

What are the uses and benefits of Tamarind Extract?

Tamarind extract is a natural product that has a wide range of uses. It can be used as a food additive, as a flavoring agent, or as a dietary supplement. Tamarind extract is also used in the cosmetics industry.

Tamarind extract has a variety of benefits. It can help improve digestion, relieve constipation, and treat stomach ulcers. Tamarind extract is also known to boost immunity, fight infection, and promote healthy skin and hair.

Industrial Distributers Are Propelling the Growth in Tamarind Extract Market

The main driver of tamarind extract demand globally is the increased customer demand for healthy food products. Diseases that tamarind combats include conditions like the common cold, conjunctivitis, indigestion, and others. The blood-purifying effects of tamarind extract are also beneficial. Since research has shown that tamarind's antioxidant properties are crucial for preventing cancer and boosting the immune system, they are a significant growth driver for the global market.

Due of the consumer health advantages, tamarind extract is used in the creation of pharmaceuticals. Fiber, vitamin C, and other nutrients are abundant in tamarind. It helps strengthen the immune system and prevent cancer. Due to the rising demand for natural food products or ingredients with outstanding health advantages, tamarind extract has seen tremendous growth over the years.

MarketNage
Become a MarketNgage Insider

A unified Market Research Subscription Platform, built for today's disparate research needs.

Competitive Landscape

There are only a few significant players functioning in the competitive worldwide tamarind extract market. Leading companies in the sector are joining forces with regional firms to expand their products into markets where they don't currently operate.

Tamarind 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
  • Germany
  • UK
  • France
  • Brazil
  • Argentina
  • Japan
  • Australia
  • China
  • India
  • Thailand
  • Indonesia

Key Segments Covered

  • Form
  • End-User
  • Sales Channel
  • Region

Key Companies Profiled

  • Magma Foods
  • MoonLite
  • Kanegrade Limited
  • Shimla Hills
  • Jadli Foods (India) Pvt. Ltd
  • ABC International
  • Baaeco V Food Ltd.
  • Xi'an Victory Biochemical Technology Co., Ltd.
  • Revata Food Products Pvt Ltd
  • Abdullabhai Abdul Kader

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 Tamarind Extract Market

Segmentation by Form:

  • Powder
  • Paste

Segmentation by End-user:

  • Cosmetic
  • Household
  • Pharmaceutical
  • Food & Beverages

Segmentation by Sales Channel:

  • Online Retailers
  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Specialty Stores

Segmentation by Region:

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

Frequently Asked Questions

The global Tamarind Extract market will reach a valuation of USD 926.9 Mn by the end of 2022.

The U.S. Tamarind Extract Market is contributing 31.9% of total market share which values around USD 295.6 Mn.

U.S., Canada, Germany, U.K., France, Russia, China, Japan, India, Thailand, Indonesia, Australia are the major countries driving demand for Tamarind Extract Market.

The Germany Tamarind Extract Market is contributing 29.4% of total market share which values at USD 272.5 Mn.

• Magma Foods • MoonLite • Kanegrade Limited • Shimla Hills • Jadli Foods (India) Pvt. Ltd Above are the top 5 market players in Tamarind Extract industry.

The Japan Tamarind Extract market contribution is 9.9% of total market share.

The India Tamarind Extract market will grow at 3.6% CAGR between 2022 and 2032.

The global Tamarind Extract market is forecasted to surpass USD 1628.9 Mn by the end of 2032.

Table of Content

NA

Customize this Report

Let us know your requirement to get
100% FREE customization

List of Tables

NA

Nandini Roy Choudhury
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

List of Charts

NA

Need specific information?

Request Customization

Explore Food and Beverage Insights

View Reports
Google translate

Tamarind Extract Market