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Mulberry Leaf Extract Market Analysis

  • Report ID: GMI1394
  • Published Date: Oct 2024
  • Report Format: PDF

Mulberry Leaf Extract Market Analysis

The mulberry leaf extract industry is witnessing significant growth due to its health benefits, particularly in managing blood sugar levels and promoting weight loss. However, the market faces restraints such as limited awareness among consumers about its benefits and the availability of substitutes like green tea and other herbal extracts. Opportunities lie in increasing research and development efforts to expand its applications in functional foods and dietary supplements, as well as the rising demand for natural ingredients in pharmaceuticals and cosmetics.

 

Regulatory frameworks, particularly in regions like the European Union and the United States, are tightening around herbal supplements, requiring adherence to safety and efficacy standards, which may influence product formulation and market entry strategies for manufacturers.

 

The mulberry leaf extract market from powdered extract segment held over USD 700 million in 2023, and it is anticipated to expand 3.7% of CAGR during 2024-2032. The powdered extract of mulberry leaf is gaining traction in the market due to its convenience, longer shelf life, and ease of integration into various health and wellness products. This format is particularly popular in dietary supplements, functional foods, and beverages, as it retains the bioactive compounds, such as antioxidants and flavonoids, that promote health benefits like blood sugar regulation and improved metabolism.
 

With rising consumer demand for plant-based, natural ingredients, the powdered extract format aligns with current trends in health-conscious and clean-label products. Its versatility also supports growing use in sports nutrition, weight management, and herbal remedies.
 

Mulberry Leaf Extract Market Revenue Share, By Application, (2023)

The mulberry leaf extract market from dietary supplements were valued at USD 600 million in 2023 and gained 3.6% CAGR through 2032, driven by increasing consumer awareness of its health benefits, particularly in managing blood sugar levels and improving cardiovascular health. Mulberry leaf extract, rich in antioxidants and nutrients, is gaining popularity as a natural supplement for weight management, diabetes control, and cholesterol reduction.
 

With rising demand for plant-based and herbal supplements, the trend aligns with consumer preferences for natural alternatives to synthetic products. Additionally, the growing focus on preventive healthcare, combined with an expanding e-commerce sector, is boosting the accessibility and demand for mulberry leaf extract in dietary supplements.
 

The mulberry leaf extract market from direct sales segment was valued at USD 700 million in 2023 and gained 3.7% CAGR till 2032. Direct sales of mulberry leaf extract are gaining traction as consumers increasingly seek personalized health solutions and natural supplements. This trend is fueled by the growing popularity of health and wellness products marketed through social selling platforms, including multi-level marketing (MLM) companies.
 

Direct sales offer a personalized approach, where customers receive product recommendations directly from sellers, often based on testimonials and peer influence. Moreover, the rise of e-commerce platforms that support direct sales, coupled with increasing awareness about the health benefits of mulberry leaf extract (e.g., blood sugar regulation, antioxidant properties), is further driving this channel's growth in the market.
 

U.S. Mulberry Leaf Extract Market Size, 2021 - 2032 (USD Million)

The U.S. mulberry leaf extract market is expected to hold USD 241.2 million in 2023 and poised to grow at a 3.1% CAGR till 2032. In the U.S. market, regional trends show strong growth in health-conscious states like California, New York, and Florida, driven by increasing awareness of natural supplements for managing blood sugar and weight loss.
 

The West Coast, particularly California, leads due to its progressive approach toward natural wellness and herbal products, while the East Coast, especially New York, sees rising demand through established nutraceutical distribution channels. Southern states, such as Florida and Texas, are catching up, fueled by the growing elderly population and focus on preventative health. E-commerce platforms are bolstering nationwide accessibility, broadening product reach across all regions.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of mulberry leaf extract reached USD 1.8 billion in 2023 and is set to grow at a 3.5% CAGR from 2024 to 2032, driven by rising demand for natural health supplements.

The dietary supplements segment was valued at USD 600 million in 2023 and is projected to grow at a 3.6% CAGR through 2032, led by increasing consumer awareness of its health benefits, particularly in managing blood sugar levels and improving cardiovascular health.

The direct sales segment was valued at USD 700 million in 2023 and is expected to grow at a 3.7% CAGR till 2032, fueled by the growing popularity of health and wellness products marketed through social selling platforms, including multi-level marketing (MLM) companies.

The U.S. market dominated around USD 241.2 million in 2023 and is poised to grow at a 3.1% CAGR till 2032, propelled by increasing awareness of natural supplements for managing blood sugar and weight loss in health-conscious states like California, New York, and Florida.

The industry features key players such as Botanic Healthcare, Foodchem International, Nans Products, Qingdao Beicheng Haiwo Traditional Chinese Medicine Biotechnology, Shaanxi Jintai Biological Engineering, SimSon Pharma.

Mulberry Leaf Extract Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 165
  • Countries covered: 21
  • Pages: 235
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