Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Yucca Extract Material Market Share by Application

The pharmaceutical sector is expected to witness significant growth over the forecast period. Yucca extract materials have anti-inflammatory and anti-arthritic effects and contain various phytochemicals that are physiologically active. They are also rich in saponins, which have a diverse biological effect on the body including anti-protozoal effects. These extracts contain phenols that are also free radical scavengers and antioxidants that aid in suppression of reactive oxygen species.

 

Yucca Extract Material Market Share by Region

North America is anticipated to account for a significant yucca extract material market share. Increasing awareness about the various health benefits associated with consumption of health supplements derived from yucca extract material is a major factor supporting the market growth in the region. The rising utilisation of yucca extract materials in formulation of cosmetic and personal care products including shampoos, lotions, and creams, among others as they impart soothing and cleansing benefits to the skin is further aiding the market expansion in North America.

 

Yucca Extract Material Market Report Snapshots

Yucca Extract Material Market Size

Yucca Extract Material Market Share

Yucca Extract Material Market Analysis

Yucca Extract Material Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market reached a value of approximately USD 95.00 million in 2023.

The market is projected to grow at a CAGR of 6.4% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 165.99 million by 2032.

The major market drivers include increasing demand from the pharmaceutical sector and rising consumption of health supplements derived from yucca extract material.

The key trends fuelling the growth of the market include increasing consumption of yucca extract material-based foods and beverages and rising utilisation for production of personal care products and cosmetics.

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The applications of yucca extract materials include functional food, pharmaceutical, dietary supplements, personal care, and industrial.

The key players in the market are NATUREX SA, Baja Yucca Company, Avitech Nutrition Pvt. Ltd., Garuda International, Inc., American Extracts, Desert King International, and Ingredients By Nature, among others.

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30 North Gould Street, Sheridan, WY 82801

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63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124

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