Bharat Book Bureau Provides the Trending Market Research Report on “USA Aalfalfa Concentrate Market Report 2020”under Chemical Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.
In this report, Alfalfa Concentrate, also known as concentrated alfalfa extract, it is rich in minerals, vitamins, Lutein and many other nutrients. It can be explained by its original extraction process which strongly increases the digestibility of the proteins from the original plant: alfalfa. USA is the largest production and consumption region of alfalfa and dominates the world alfalfa market.
It is widely used in mixed feed industry because it provides both natural pigments and nutritional performance to companion animal and aquaculture diets. It also used in dietary supplement/ nutraceutical or pharmaceutical industry.
Alfalfa concentrate is available in the form of granules, meal or green fine powder. It is usually used in mixed feed industry, dietary supplement/ nutraceutical or pharmaceutical industry.
The global alfalfa concentrate market is worth over $42 Million, according to our survey. Owing to rigid downstream demand, the market of alfalfa concentrate is quite stable. Alfalfa concentrate global volumes grew at an average annual rate of 4.93% from 2011 to 2015. The alfalfa concentrate production will increase to 2744 MT in 2016 from 2158 MT in 2011. Leading players in alfalfa concentrate industry are Martin Bauer Group, Desialis, Sun Prime Extracts, Nature LLC and Shaanxi Jiaherb Phytochem.
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The urbanization is broadening rapidly, and so is the disposable income in growing economies. In par with this trend, the demand for natural & organic cosmetics is rising remarkably with a surge in online retail. These are significant factors that have boosted the growth of the Aalfalfa Concentrate market across the globe.
The industry players emphasize on the prevalent factors that have constantly contributed towards an increase in the adoption of Aalfalfa Concentrate. These include growth in upper-middle-class population, increased consumer interest in distinct and premium products, rising online beauty expenditure, and spreading out of the social network.
The Europe market recorded a large market share in 2018, particularly in the skincare sub-segment. Customers in the European countries are highly cautious about their skincare routines and have a higher preference of using premium-quality products. On the other hand, the Asia-Pacific region is anticipated to grow at the highest CAGR during the forecast period.
The Aalfalfa Concentrate market report has segmented the market on the basis of type, product type, end-user, distribution channel, and region. Organic and conventional products are covered in the type segment. The product type segment comprises skincare, makeup, haircare, and fragrances. On the basis of end-user, the market is categorized into males and females. The distribution channel segment includes e-commerce, specialty/mono-brand stores, supermarket/hypermarket, and others. Lastly, the regional market is spanned across North America, Europe, Asia-Pacific, and LAMEA.
The major market players expanding their reach in the USA Aalfalfa Concentrate market are L’Oréal, Christian Dior, Shiseido Company, Limited, Puig, Coty Inc., Revlon, Inc., Kao Corporation, Oriflame Cosmetics AG, The Estée Lauder Companies Inc., and KOSÉ Corporation. The market players are adopting progressive strategies to leverage the opportunities of the market. Companies are focusing on innovative strategies to compete in the market space.
Scope of the Study
Market Segmentation:
By Type
- Conventional Aalfalfa Concentrate
- Organic Aalfalfa Concentrate
By Product Type
- Skincare
- Haircare
- Makeup
- Fragrances
By Distribution Channel
- E-commerce
- Supermarket/Hypermarket
- Specialty stores and Monobrand stores
- Others
By End User
- Male
- Female
By Geography
North America
- US
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
Rest of Asia Pacific
Latin America, Middle East and Africa (LAMEA)
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Companies Profiled:
- L'Oréal Group
- Shiseido Company Limited
- LVMH SE (Christian Dior)
- Puig SL
- Coty, Inc. (JAB Cosmetics B.V.)
- Revlon, Inc. (MacAndrews & Forbes)
- Estee Lauder Companies, Inc.
- Oriflame Cosmetics AG
- Ralph Lauren Corporation
- Avon Products, Inc.
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