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Kigelia Market Analysis

Report ID: GMI6615
Published Date: Sep 2023
Report Format: PDF

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Kigelia Grade Market Analysis

Kigelia Market Size, By Grade, 2021 - 2032 (USD Million)

Based on grade, the kigelia market is segmented as liquid and powder. Liquid held a majority market value of USD 270 million in 2022. Creams and lotions containing Kigelia extracts are often marketed for their potential to improve skin elasticity, reduce wrinkles, and provide overall skin rejuvenation.

Kigelia Market Revenue Share, By Function, (2022)

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Based on function, the kigelia market is segmented as Anti-Aging, Acne Treatment. Anti-aging held a dominant market share of around 60% in 2022 and is expected to grow at a lucrative pace through 2032. Consumers seeking products to address signs of aging, such as wrinkles and loss of skin firmness, are drawn to Kigelia products known for their potential to improve skin elasticity and tone.

Based on application, the kigelia market is segmented as Skincare Products, Cosmetics, Medicinal Products, Others. Skincare Products held a dominant market share in 2022 and is anticipated to grow at 4.9% CAGR between 2023 and 2032. Skincare products like creams, lotions, serums, and masks containing Kigelia cater to the growing consumer demand for natural and botanical-based skincare solutions. Thus, the high-quality services and growing usage of Kigelia at food centres are anticipated to expedite the business statistics.

Based on distribution channel, the kigelia market is segmented as Retail Stores, Online Retail. Online retail held a dominant market share in 2022 and is anticipated to grow till 2032. Online platforms offer consumers the convenience of shopping from anywhere and at any time, which can boost demand for kigelia products.

U.S. Kigelia Market Size, 2021- 2032 (USD Million)

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U.S. dominated the North American region with majority market share and a revenue of USD 92.2 million in 2022 and is anticipated to expand at a significant pace from 2023-2032. North American consumers are increasingly drawn to natural and organic skincare products. Kigelia, as a botanical ingredient, aligns well with this trend, attracting consumers seeking clean and eco-friendly beauty solutions.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for kigelia was valued at USD 450 million in 2022 and will reach USD 720.9 million by 2032 due to the increasing preference for natural and botanical-based skincare products worldwide.

Kigelia industry from the liquid grade segment recorded USD 270 million in 2022 and will witness significant growth from 2023-2032 on account of its ability to improve skin elasticity, reduce wrinkles, and provide overall skin rejuvenation.

North America kigelia industry was worth USD 92.2 million in 2022 and is expected to register appreciable CAGR from 2023-2032 owing to the growing preference for natural and organic skincare products among consumers in the region.

Afrinatural Holdings (Pty) Ltd, Phytotrade Africa, Healing Earth, Siam Botanicals, Africology, Arbor Organics, Natural Herbs & Spices, Biodiversity Ltd, and Green Angel Skincare are some of the major kigelia companies worldwide.