Yucca Extract Material Market to record USD 35.04 Mn incremental growth; Insights on key drivers, product launches, and regional growth opportunities -- Technavio

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Oct 11, 2022, 01:00 ET

NEW YORK, Oct. 11, 2022 /PRNewswire/ -- The "Yucca Extract Material Market by Type, Application, and Geography - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. The report expects the market size to increase by USD 35.04 million, accelerating at a CAGR of 7.11% during the forecast period. The report provides a comprehensive analysis of the market size, key growth drivers, products offered by vendors, and major revenue-generating segments and regions in the market. Download Sample PDF Report Now

Market Dynamics

Technavio has announced its latest market research report titled Global Yucca Extract Material Market 2022-2026

The market is driven by the increasing demand for food and beverages with yucca extract materials. Vendors in the market are focusing on R&D investments in launching yucca extracts that will cater to the needs of consumers. Additionally, increased consumer awareness about the adverse side effects of synthetic chemicals used in food and beverages has led to a rise in the demand for natural ingredients such as yucca extracts. Besides, several health organizations and food safety associations are framing regulations to prohibit the use of artificial flavorings in food and beverages and promote the use of naturally extracted counterparts such as yucca extracts. All these factors are fostering the growth of the global yucca extract material market.

In addition, the increasing use of herbal medicines and the rising consumer awareness about the side effects of allopathic medicines will also drive the growth of the yucca extract material market. However, providing high-quality herbal products might hamper the market growth.

Company Profiles

The yucca extract material market report provides complete insights on key vendors including:

American Extracts: The company offers yucca extract materials such as Yucca 15 Natural Powder and Yucca 30 Spray Dry Powder.
Baja Yucca Co.: The company offers yucca extract materials such as Yucca 15 Natural Powder and Yucca 30 Spray Dry Powder.
Desert King International: The company offers yucca schidigera extract product named Nutrafito Plus.
Garuda International Inc.: The company offers yucca extract material namely Foamex Yucca Schidigera Extract NP Raw Material.
Givaudan SA: The company offers yucca extract materials through its subsidiary NATUREX SA.
Heking Biotechnology Co. Ltd
Ingredients by Nature LLC
Newmstar
Plamed Green Science Group
Quimica Alkano
Rainbow Biotech
Ultra Bio Logics Inc.

Competitive Analysis

The report includes competitive analysis, which analyzes and evaluates the position of companies based on their industry position score and market performance score. Some of the factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc. Request Sample Report Here

Market Segmentation by Type

By type, the market is classified into medical grade, industry grade, and food grade segments.
The market growth in the medical grade segment will be significant in the market.
Yucca extract material is used for making various medical products, such as herbal medicine products. Yucca extract material is used as a detoxifier in the body. The segment is growing due to a rise in the number of working women worldwide, the efficacy and intrinsic acceptability of yucca extracts, and the increasing medical applications of yucca extracts.

Market Segmentation by Region

By Geography, the market is classified as North America, Europe, APAC, South America, and the Middle East and Africa.
North America will have the largest share of the market. About 30% of the market growth will come from this region over the forecast period.
The rising consumer awareness of the side effects of allopathic medicines and growing awareness about the medicinal benefits as well as the therapeutic effects of yucca products are driving the growth of the yucca extract material market in North America.

Related Reports:

Yucca Extract Material Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 7.11%
Market growth 2022-2026	USD 35.04 million
Market structure	Fragmented
YoY growth (%)	6.63
Regional analysis	North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution	North America at 30%
Key consumer countries	US, China, Japan, UK, and Germany
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	American Extracts, Baja Yucca Co., Desert King International, Garuda International Inc., Givaudan SA, Heking Biotechnology Co. Ltd, Ingredients by Nature LLC, Newmstar, Plamed Green Science Group, Quimica Alkano, Rainbow Biotech, and Ultra Bio Logics Inc.
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of contents:

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 13: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 18: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers

Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

5.1 Market segments

Exhibit 25: Chart on Type - Market share 2021-2026 (%)
Exhibit 26: Data Table on Type - Market share 2021-2026 (%)

5.2 Comparison by Type

Exhibit 27: Chart on Comparison by Type
Exhibit 28: Data Table on Comparison by Type

5.3 Medical grade - Market size and forecast 2021-2026

Exhibit 29: Chart on Medical grade - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Data Table on Medical grade - Market size and forecast 2021-2026 ($ million)
Exhibit 31: Chart on Medical grade - Year-over-year growth 2021-2026 (%)
Exhibit 32: Data Table on Medical grade - Year-over-year growth 2021-2026 (%)

5.4 Industry grade - Market size and forecast 2021-2026

Exhibit 33: Chart on Industry grade - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Data Table on Industry grade - Market size and forecast 2021-2026 ($ million)
Exhibit 35: Chart on Industry grade - Year-over-year growth 2021-2026 (%)
Exhibit 36: Data Table on Industry grade - Year-over-year growth 2021-2026 (%)

5.5 Food grade - Market size and forecast 2021-2026

Exhibit 37: Chart on Food grade - Market size and forecast 2021-2026 ($ million)
Exhibit 38: Data Table on Food grade - Market size and forecast 2021-2026 ($ million)
Exhibit 39: Chart on Food grade - Year-over-year growth 2021-2026 (%)
Exhibit 40: Data Table on Food grade - Year-over-year growth 2021-2026 (%)

5.6 Market opportunity by Type

Exhibit 41: Market opportunity by Type ($ million)

6 Market Segmentation by Application

6.1 Market segments

Exhibit 42: Chart on Application - Market share 2021-2026 (%)
Exhibit 43: Data Table on Application - Market share 2021-2026 (%)

6.2 Comparison by Application

Exhibit 44: Chart on Comparison by Application
Exhibit 45: Data Table on Comparison by Application

6.3 Pharmaceutical - Market size and forecast 2021-2026

Exhibit 46: Chart on Pharmaceutical - Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on Pharmaceutical - Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on Pharmaceutical - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on Pharmaceutical - Year-over-year growth 2021-2026 (%)

6.4 Functional food - Market size and forecast 2021-2026

Exhibit 50: Chart on Functional food - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on Functional food - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on Functional food - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on Functional food - Year-over-year growth 2021-2026 (%)

6.5 Dietary supplements - Market size and forecast 2021-2026

Exhibit 54: Chart on Dietary supplements - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on Dietary supplements - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on Dietary supplements - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on Dietary supplements - Year-over-year growth 2021-2026 (%)

6.6 Industrial - Market size and forecast 2021-2026

Exhibit 58: Chart on Industrial - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on Industrial - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on Industrial - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on Industrial - Year-over-year growth 2021-2026 (%)

6.7 Personal care - Market size and forecast 2021-2026

Exhibit 62: Chart on Personal care - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on Personal care - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on Personal care - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on Personal care - Year-over-year growth 2021-2026 (%)

6.8 Market opportunity by Application

Exhibit 66: Market opportunity by Application ($ million)

7 Customer Landscape

7.1 Customer landscape overview

Exhibit 67: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

8.1 Geographic segmentation

Exhibit 68: Chart on Market share by geography 2021-2026 (%)
Exhibit 69: Data Table on Market share by geography 2021-2026 (%)

8.2 Geographic comparison

Exhibit 70: Chart on Geographic comparison
Exhibit 71: Data Table on Geographic comparison

8.3 North America - Market size and forecast 2021-2026

Exhibit 72: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 73: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 74: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 75: Data Table on North America - Year-over-year growth 2021-2026 (%)

8.4 Europe - Market size and forecast 2021-2026

Exhibit 76: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 77: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 78: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 79: Data Table on Europe - Year-over-year growth 2021-2026 (%)

8.5 APAC - Market size and forecast 2021-2026

Exhibit 80: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 81: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 82: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 83: Data Table on APAC - Year-over-year growth 2021-2026 (%)

8.6 South America - Market size and forecast 2021-2026

Exhibit 84: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 85: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 86: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 87: Data Table on South America - Year-over-year growth 2021-2026 (%)

8.7 Middle East and Africa - Market size and forecast 2021-2026

Exhibit 88: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 89: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 90: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 91: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

8.8 US - Market size and forecast 2021-2026

Exhibit 92: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 93: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 94: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 95: Data Table on US - Year-over-year growth 2021-2026 (%)

8.9 China - Market size and forecast 2021-2026

Exhibit 96: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 97: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 98: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 99: Data Table on China - Year-over-year growth 2021-2026 (%)

8.10 Japan - Market size and forecast 2021-2026

Exhibit 100: Chart on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 101: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 102: Chart on Japan - Year-over-year growth 2021-2026 (%)
Exhibit 103: Data Table on Japan - Year-over-year growth 2021-2026 (%)

8.11 UK - Market size and forecast 2021-2026

Exhibit 104: Chart on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 105: Data Table on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 106: Chart on UK - Year-over-year growth 2021-2026 (%)
Exhibit 107: Data Table on UK - Year-over-year growth 2021-2026 (%)

8.12 Germany - Market size and forecast 2021-2026

Exhibit 108: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 109: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 110: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 111: Data Table on Germany - Year-over-year growth 2021-2026 (%)

8.13 Market opportunity by geography

Exhibit 112: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

9.1 Market drivers

9.2 Market challenges

9.3 Impact of drivers and challenges

Exhibit 113: Impact of drivers and challenges in 2021 and 2026

9.4 Market trends

10 Vendor Landscape

10.1 Overview

10.2 Vendor landscape

Exhibit 114: Overview on Criticality of inputs and Factors of differentiation

10.3 Landscape disruption

Exhibit 115: Overview on factors of disruption

10.4 Industry risks

Exhibit 116: Impact of key risks on business

11 Vendor Analysis

11.1 Vendors covered

Exhibit 117: Vendors covered

11.2 Market positioning of vendors

Exhibit 118: Matrix on vendor position and classification

11.3 American Extracts

Exhibit 119: American Extracts - Overview
Exhibit 120: American Extracts - Product / Service
Exhibit 121: American Extracts - Key offerings

11.4 Baja Yucca Co.

Exhibit 122: Baja Yucca Co. - Overview
Exhibit 123: Baja Yucca Co. - Product / Service
Exhibit 124: Baja Yucca Co. - Key offerings

11.5 Desert King International

Exhibit 125: Desert King International - Overview
Exhibit 126: Desert King International - Product / Service
Exhibit 127: Desert King International - Key offerings

11.6 Garuda International Inc.

Exhibit 128: Garuda International Inc. - Overview
Exhibit 129: Garuda International Inc. - Product / Service
Exhibit 130: Garuda International Inc. - Key offerings

11.7 Givaudan SA

Exhibit 131: Givaudan SA - Overview
Exhibit 132: Givaudan SA - Business segments
Exhibit 133: Givaudan SA - Key offerings
Exhibit 134: Givaudan SA - Segment focus

11.8 Ingredients by Nature LLC

Exhibit 135: Ingredients by Nature LLC - Overview
Exhibit 136: Ingredients by Nature LLC - Product / Service
Exhibit 137: Ingredients by Nature LLC - Key offerings

11.9 Newmstar

Exhibit 138: Newmstar - Overview
Exhibit 139: Newmstar - Product / Service
Exhibit 140: Newmstar - Key offerings

11.10 Plamed Green Science Group

Exhibit 141: Plamed Green Science Group - Overview
Exhibit 142: Plamed Green Science Group - Product / Service
Exhibit 143: Plamed Green Science Group - Key offerings

11.11 Rainbow Biotech

Exhibit 144: Rainbow Biotech - Overview
Exhibit 145: Rainbow Biotech - Product / Service
Exhibit 146: Rainbow Biotech - Key offerings

11.12 Ultra Bio Logics Inc.

Exhibit 147: Ultra Bio Logics Inc. - Overview
Exhibit 148: Ultra Bio Logics Inc. - Product / Service
Exhibit 149: Ultra Bio Logics Inc. - Key offerings

12 Appendix

12.1 Scope of the report

12.2 Inclusions and exclusions checklist

Exhibit 150: Inclusions checklist
Exhibit 151: Exclusions checklist

12.3 Currency conversion rates for US$

Exhibit 152: Currency conversion rates for US$

12.4 Research methodology

Exhibit 153: Research methodology
Exhibit 154: Validation techniques employed for market sizing
Exhibit 155: Information sources

12.5 List of abbreviations

Exhibit 156: List of abbreviations

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