Global African Mango Seed Extract Market Report and Forecast 2024-2032

Global African Mango Seed Extract Market Outlook

The global African mango seed extract market is expected to grow at a CAGR of 3.3% during the forecast period of 2024-2032.

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North American and European Regions to Significantly Contribute to the African Mango Seed Extract Demand

North America and Europe are among the leading regions for the industry. The regional markets are being driven by the increase in the number of health-conscious customers. Markets like North America have seen a huge increase in the demand for African mango seed extract as more and more consumers are shifting to organic substitutes for their daily meals. The growing demand for foods with natural ingredients is further driving the market forward. Rising concerns relating to health conditions like obesity are expected to boost the market growth as well, owing to the weight-loss properties associated with the seed extract.

African Mango Seed Extract: Market Segmentation

African mango, also known as wild mango, dika nut, or bush mango, is a fruit that grows on the tree Irvingia gabonensis grown in Central and West Africa. The seed or nut extract from the fruit finds wide applications in powder or liquid form. It is known to reduce belly fat and trim away waistlines.

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By nature, the market is bifurcated into:

• Organic
• Conventional

Based on end use, the industry is being segmented into:

• Dietary Supplements
• Functional Food and Beverages
• Pharmaceuticals
• Cosmetics and Personal Care
• Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Rising Health Concerns are Driving the Market Growth for African Mango Seed Extract

African mango seed extract is known to cure obesity and other weight related issues. The high fibre content of the seed has proven helpful in reducing belly fat and reducing waistlines. These properties of African mango seed extract are driving the market forward. Moreover, the rising demand for healthier food options, especially in countries like North America and Europe is propelling the market growth. More and more people are shifting to organic substitutes for their daily food requirements, which is bolstering the market growth. Increasing obese population, especially in developed countries, has resulted in an increased demand for healthier food substitutes. This, in turn, is expected to provide an impetus to the market growth.

Key Industry Players in the Global African Mango Seed Extract Market

The report gives a detailed analysis of the following key players in the global African mango seed extract market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Z Natural Foods, LLC.
• Clover Nutrition Inc.
• Naturalin Bio-Resources Co., Ltd.
• Others

The comprehensive EMR report provides an in-depth assessment of the industry based on Porter's five forces model, along with giving a SWOT analysis.

Key Highlights of the Report