Global Apple Extract Market to Witness a Healthy Growth During 2024-2032, Aided by the Rising Demand from the Beauty Industry

The global apple extract industry is significantly being driven by the rising demand from the food as well as the beauty and personal care industries. Apple extract is widely being used by consumers for skincare as it provides immediate effects in treating different skin conditions. New formulations of apple extract are being used to produce skincare products, especially as the consumers are increasingly looking for products with natural and organic ingredients.

The product also finds wide applications in the pharmaceutical industry. Apple extract contains ursolic acid as well as quercetin, which are active and are used in the pharmaceutical industry as anti-inflammatory agents. Apple extract also helps to prevent prostate, skin, and breast cancer and helps the prevent the development of cancerous cells. These health benefits of apple extract are expected to bolster the demand for the product in the health and pharmaceutical industry.

Due to the increased health awareness and diverse applications of apple extract, the rapid development of the apple extract industry can be expected in the forecast period. The global apple extract industry is further being driven by the rising e-commerce platforms, which are witnessing a robustly growing consumer base. Apple extracts are widely available on various distribution channels, such as Amazon (NASDAQ: AMZN) and Walmart Inc (NYSE: WMT).

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Market Analysis by Apple Type, Form, Application, Distribution Channel, and Region:

• The apple types available in the market are red apple and green apple.

• The forms of the product are seed, powder, and liquid. 

• Apple extract finds wide applications in functional foods, functional beverages, dietary supplements, nutraceuticals, and cosmetics and personal care, among others.

• The leading distribution channels of the product include business-to-business (B2B) and business-to-consumer (B2C).

• The major regional markets for apple extract include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

• The rising use of the product in the food industry, especially bakery industry, is driving the industry growth.

• The nutritious content of the product and the rising awareness among consumers about its health benefits are further aiding the market growth.

• The rising disposable income and the hectic lifestyles of the consumers are also catalysing the market growth.

• Apple extract are widely used in the beauty industry due to their Vitamin C content, which helps in making the skin healthier and is contributing to the growth of the apple extract industry.

• The rising awareness about the properties of the product that can aid in slowing down tumour growth and cancerous cells is propelling the market growth.

Key Offerings of the Report:

• The EMR report gives an overview of the global market for apple extract for the periods (2018-2023) and (2024-2032).

• The report also offers the historical (2018-2023) and forecast (2024-2032) markets for the apple types, forms, applications, distribution channels, and major regions of apple extract.

• It also provides detailed regional price trends of the product for the periods (2018-2023) and (2024-2032).

• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global apple extract market are Kuber Impex Ltd., Ambe NS Agro Products Pvt. Ltd., and Herbafood Ingredients GmbH, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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