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Quillaia Extract Market By Application (Food Products, Beverages, Personal Care Products, Feed, Aqua & Agriculture Application) – Growth, Future Prospects & Competitive Analysis, 2016 – 2024

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Published: | Report ID: 8603 | Report Format : PDF

Market Insights

This report, titled “Quillaia Extract Market: Growth, Future Prospects, and Competitive Analysis, 2016–2024,” offers strategic insights into the trends in the quillaia extract market along with the market size and forecast for the duration of 2013–2024. The said research study incorporates an in-depth analysis of multiple market segments based on application and geographical distribution.

Quillaia extracts are natural foaming and emulsifying agents that find extensive use in food and beverage products such as puddings, frozen dairy products, sweets, baked goods, and gelatine, as well as extensively in soft drinks. Quillaia extract, as a key formulator for foam formation, will drive the overall growth of the market for natural foaming agents, particularly in food and beverages, over the next five to six years.

Food and beverage ingredient manufacturers have increased their efforts to develop foam stabilizing agents, which are supported by the property of being an efficient water-soluble foaming compound as well as proper temperature, shelf-stability, and taste maintenance. Quillaia extracts are extensively used in powdered form; however, liquid extracts are used particularly in beverages and a few other agricultural applications.

Based on application, the quillaia extract market is segmented into food products, beverages, personal care products, feed, aquaculture, and agriculture applications. The market size and forecast for all the segments considered are presented in this report for the period 2013–2023, along with their respective CAGRs for the forecast period 2016–2023 in terms of value).

In terms of geographical distribution, the global quillaia extract market is studied for five major regions, namely, North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Market size and forecasts for each regional and country-level market are included in the report for the considered periods.

Along with the quantitative information sets, this report also provides qualitative information, such as market dynamics and an executive summary of the global quillaia extract market. The report also includes tools to help readers with competitive mappings, such as competition assessment and appealing investment propositions. This study concludes with a company profile section. This section includes major information about the key quillaia extract manufacturers across the globe.

Based on application, the global quillaia extract market is segmented as follows:

  • Food Products
  • Beverages
  • Personal care products
  • Feed, Aqua, and Agriculture Application

Quillaia extract, which comes from the bark, stems, and branches of the soapbark tree, is also known as the China bark tree, Panama bark tree, and quillai extract, among others. Quillaia extract contains a high amount of saponins that is increased with the help of processing and finding applications in food products, beverages, personal care products, feed, aquaculture, and agriculture. Of different applications, the beverages segment dominated the market in terms of revenue share contribution, followed by feed, aquaculture, agriculture, and the food products segment.

Growing awareness of health consciousness among consumers, coupled with benefits related to the consumption of natural-based ingredients, has led to high demand for products such as quillaia among food and beverage manufacturers. Thus leading to the development of efficient foaming ingredients in an adequate manner for formulations. The beverages and food products segment collectively accounted for around 75% of the total quillaia extract market in terms of revenue share contribution in 2015. One of the top application areas for existing and new quillaia extract manufacturers to focus on while investing in the market is the use of spirulina extracts for other applications, such as personal care.

For the purpose of this study, the global quillaia extract market is categorized into three segments:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

Quillaia extract has been gaining adoption across various applications worldwide. Strategic alliances to expand the production of quillaia, along with support from procurement, manufacturing, and logistics, are being observed among prominent players, further intended to mitigate the demand for specialty ingredients, especially in Latin America. Since quillaia extracts are native to Chile, the domestic consumption of quillaia extract is expected to remain significant, especially among food and beverage manufacturers.

Europe and North America dominated the market in terms of revenue share in 2015 and collectively accounted for around 70% of the market in terms of value. Both regions are expected to grow rapidly during the forecast period of 2016 to 2024. Government intervention to ensure food safety and standards, as well as consumer concerns about healthy food products, are some of the factors driving the adoption of natural ingredient products, resulting in significant quillaia extract market growth in the regions. The quillaia extract market is further expected to record steady growth in Asia Pacific, the Middle East, and Africa, attributed to less commercialization of quillaia extracts in these regions.

1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

2. Executive Summary
2.1. Global Quillaia Extract Market Snapshot
2.1.1. Global Quillaia Extract Market by Form,2015
2.1.2. Global Quillaia Extract Market by Application,2015
2.1.3. Global Quillaia Extract Market by Geography,2015

3. Global Quillaia Extract Market Dynamics
3.1. Market Overview
3.2. Value Chain Analysis
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Future Prospects

4. Global Quillaia Extract Market Size (US$), By Application, 2013 – 2024
4.1. Overview
4.1.1. Market Share Analysis, by Application, 2015 vs. 2024
4.2. Food Products
4.3. Beverages
4.4. Personal Care Products
4.5. Feed, Aqua & Agriculture Application

5. Global Quillaia Extract Market Size (US$), By Geography, 2013 – 2024
5.1. Overview
5.1.1. Market Share Analysis, by Geography, 2015 vs. 2024
5.2. North America Quillaia Extract Market Analysis, 2013 – 2024
5.2.1. North America Quillaia Extract Market Size (US$), By Country, 2013 – 2024
5.2.1.1. U.S.
5.2.1.2. Canada
5.2.2. North America Quillaia Extract Market Size (US$), By Application, 2013 – 2024
5.2.2.1. Food Products
5.2.2.2. Beverages
5.2.2.3. Personal Care Products
5.2.2.4. Feed, Aqua & Agriculture Application
5.3. Europe Quillaia Extract Market Analysis, 2013 – 2024
5.3.1. Europe Quillaia Extract Market Size (US$), By Region, 2013 – 2024
5.3.1.1. E.U. 7
5.3.1.2. CIS
5.3.1.3. Rest of Europe
5.3.2. Europe Quillaia Extract Market Size (US$), By Application, 2013 – 2024
5.3.2.1. Food Products
5.3.2.2. Beverages
5.3.2.3. Personal Care Products
5.3.2.4. Feed, Aqua & Agriculture Application
5.4. Asia Pacific Quillaia Extract Market Analysis , 2013 – 2024
5.4.1. Asia Pacific Quillaia Extract Market Size (US$), By Country, 2013 – 2024
5.4.1.1. China
5.4.1.2. India
5.4.1.3. Japan
5.4.1.4. Rest of Asia Pacific
5.4.2. Asia Pacific Quillaia Extract Market Size (US$), By Application, 2013 – 2024
5.4.2.1. Food Products
5.4.2.2. Beverages
5.4.2.3. Personal Care Products
5.4.2.4. Feed, Aqua & Agriculture Application
5.5. Latin America Quillaia Extract Market Analysis , 2013 – 2024
5.5.1. Latin America Quillaia Extract Market Size (US$), By Country, 2013 – 2024
5.5.1.1. Brazil
5.5.1.2. Mexico
5.5.1.3. Rest of Latin America
5.5.2. Latin America Quillaia Extract Market Size (US$), By Application, 2013 – 2024
5.5.2.1. Food Products
5.5.2.2. Beverages
5.5.2.3. Personal Care Products
5.5.2.4. Feed, Aqua & Agriculture Application
5.6. Middle East & Africa (MEA) Quillaia Extract Market Analysis , 2013 – 2024
5.6.1. MEA Quillaia Extract Market Size (US$), By Region, 2013 – 2024
5.6.1.1. GCC Countries
5.6.1.2. Rest of MEA
5.6.2. MEA Quillaia Extract Market Size (US$), By Application, 2013 – 2024
5.6.2.1. Food Products
5.6.2.2. Beverages
5.6.2.3. Personal Care Products
5.6.2.4. Feed, Aqua & Agriculture Application

6. Competitive Landscape
6.1. Competitive Dashboard
6.2. Company Profiles
6.2.1. Naturex S.A.
6.2.1.1. Business Description
6.2.1.2. Financial Information
6.2.1.3. Product Portfolio
6.2.1.4. Key Developments
6.2.2. Ingredion Incorporated
6.2.2.1. Business Description
6.2.2.2. Financial Information
6.2.2.3. Product Portfolio
6.2.2.4. Key Developments
6.2.3. Garuda International, Inc.
6.2.3.1. Business Description
6.2.3.2. Financial Information
6.2.3.3. Product Portfolio
6.2.3.4. Key Developments
6.2.4. Desert King International
6.2.4.1. Business Description
6.2.4.2. Financial Information
6.2.4.3. Product Portfolio
6.2.4.4. Key Developments
6.2.5. Other Notable Players

List of Figures

FIG. 1 Global Quillaia Extract Market Segmentation
FIG. 2 Global Quillaia Extract Market: Research Methodology
FIG. 3 Global Quillaia Extract Market Size (US$), By Application, 2015
FIG. 4 Global Quillaia Extract Market Size (US$), By Food Products, 2013 – 2024
FIG. 5 Global Quillaia Extract Market Size (US$), By Beverages, 2013 – 2024
FIG. 6 Global Quillaia Extract Market Size (US$), By Personal Care Products, 2013 – 2024
FIG. 7 Global Quillaia Extract Market Size (US$), By Feed, Aqua & Agriculture Application, 2013 – 2024
FIG. 8 Global Quillaia Extract Market Size (US$), By Regions, 2015 & 2023
FIG. 9 North America Quillaia Extract Market Size (US$), 2013 – 2024
FIG. 10 Europe Quillaia Extract Market Size (US$), 2013 – 2024
FIG. 11 Asia Pacific Quillaia Extract Market Size (US$), 2013 – 2024
FIG. 12 Latin America (LATAM) Quillaia Extract Market Size (US$), 2013 – 2024
FIG. 13 Middle East and Africa Quillaia Extract Market Size (US$), 2013 – 2024

List of Tables

TABLE 1 Market Snapshot: Global Quillaia Extract Market
TABLE 2 North America Quillaia Extract Market Size (US$), By Application, 2013 – 2024
TABLE 3 U.S. Quillaia Extract Market Size (US$), By Application, 2013 – 2024
TABLE 4 Canada Quillaia Extract Market Size (US$), By Application, 2013 – 2024
TABLE 5 Europe Quillaia Extract Market Size (US$), By Application, 2013 – 2024
TABLE 6 Germany Quillaia Extract Market Size (US$), By Application, 2013 – 2024
TABLE 7 France Quillaia Extract Market Size (US$), By Application, 2013 – 2024
TABLE 8 Italy Quillaia Extract Market Size (US$), By Application, 2013 – 2024
TABLE 9 U.K. Quillaia Extract Market Size (US$), By Application, 2013 – 2024
TABLE 10 Russia Quillaia Extract Market Size (US$), By Application, 2013 – 2024
TABLE 11 Rest of Europe Quillaia Extract Market Size (US$), By Application, 2013 – 2024
TABLE 12 Asia Pacific Quillaia Extract Market Size (US$), By Application, 2013 – 2024
TABLE 13 India Quillaia Extract Market Size (US$), By Application, 2013 – 2024
TABLE 14 China Quillaia Extract Market Size (US$), By Application, 2013 – 2024
TABLE 15 Japan Quillaia Extract Market Size (US$), By Application, 2013 – 2024
TABLE 16 Rest of Asia Pacific Quillaia Extract Market Size (US$), By Application, 2013 – 2024
TABLE 17 Latin America Quillaia Extract Market Size (US$), By Application, 2013 – 2024
TABLE 18 Brazil Quillaia Extract Market Size (US$), By Application, 2013 – 2024
TABLE 19 Mexico Quillaia Extract Market Size (US$), By Application, 2013 – 2024
TABLE 20 Rest of Latin America Quillaia Extract Market Size (US$), By Application, 2013 – 2024
TABLE 21 MEA Quillaia Extract Market Size (US$), By Application, 2013 – 2024
TABLE 22 GCC Countries Quillaia Extract Market Size (US$), By Application, 2013 – 2024
TABLE 23 South Africa Quillaia Extract Market Size (US$), By Application, 2013 – 2024
TABLE 24 Naturex S.A.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 25 Ingredion Incorporated: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 26 Garuda International, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 27 Desert King International: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)

Frequently Asked Questions

What is the size of Quillaia Extract Market?

The market for Quillaia Extract Market is expected to reach US$ 2,426.0.0 Mn By 2024.

What is the Quillaia Extract Market CAGR?

The Quillaia Extract Market is expected to see significant CAGR growth over the coming years, at 5.1%.

What is the Forecast period considered for Quillaia Extract Market?

The report is forecasted from 2016-2024.

What is the base year considered for Quillaia Extract Market?

The base year of this report is 2015.

Who are the major players in this market?

Zoetis, Inc., Merck Animal Health, Merial Inc. (Sanofi SA), Boehringer Ingelheim GmbH, Elanco Animal Health (Eli Lilly), Bayer AG, Ceva Animal Health Heska Corporation, Vetoquinol SA, Virbac Ltd. are some of the major players in the global market.

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