Quillaia extracts market is projected to grow at a considerable CAGR of around 5% during the forecast period (2020-2026). Quillaia extracts are acquired from the aqueous extraction of the milled inner bark or wood of pruned stems and branches of Quillaja Saponaria Molina. Rising preference of people towards the use of natural ingredients, changing food habits, and rising obese population are the major aspects that are propelling the growth of the global quillaia extracts market. The growing use in different industrial applications such as food & beverage, pharmaceutical, and cosmetics among others is further expected to promote the demand of quillaia extracts thereby contributing towards the growth of the global market.
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Quillaia saponin possesses cleansing properties that make them appropriate for use in the manufacturing of cleansing face creams, cleansing gels, cleansing wipes, scrub masks, moisturizing lotions, baby wipes, and feminine wipes among others. The rising demand for natural ingredients in the personal care and cosmetic industry is creating the demand for quillaia extracts which in turn is driving its global market. The continuous innovation in the extraction method of quillaia extracts is expected to offer future growth opportunities to the quillaia extracts market across the globe. However, several side effects such as kidney disorder, stomach, and intestine related problems that are associated with the high quantity intake of quillaia extracts may hamper the growth of the quillaia extracts market across the globe.
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Market Segmentation
Global Quillaia Extracts Market by Product Type
• Powder
• Liquid
Global Quillaia Extracts Market by Application
• Food & Beverage
• Pharmaceutical
• Personal Care & Cosmetics
• Other
Regional Analysis
North America
• US
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
Rest of the World
Company Profiles
• Adama Food Ingredients, Ltd.
• Alfa Chemicals, Ltd.
• Baja Yucca Company
• Desert King International, Inc.
• Garuda International, Inc.
• Givaudan S.A.
• Hunan Huakang Biotech, Inc.
• Ingredion, Inc.
• Jilin Province Hongjiu Biotech Co., Ltd.
• Riotto Botanical Co., Ltd.
• Shaanxi Pioneer Biotech Co., Ltd.
• Stan Chem International Inc.
• Xian Plant Bio-Engineering Co., Ltd.
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