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Mulberry Leaf Extract Market Share

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

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Mulberry Leaf Extract Market Share

In the mulberry leaf extract industry, Botanic Healthcare is a leading player with a strong global presence, known for its extensive product portfolio in natural extracts and herbal ingredients. It holds a significant share due to its commitment to high-quality, sustainable sourcing and global distribution networks. SimSon Pharma Limited focuses on providing pharmaceutical-grade plant extracts, positioning it competitively in the nutraceutical and pharmaceutical sectors. VedaOils, with its expertise in essential oils and herbal extracts, leverages its strong foothold in the personal care and wellness industries, contributing to its growing market share.

On the competitive landscape, companies like Shaanxi Jintai Biological Engineering and Nans Products specialize in botanical extracts and have carved a niche by offering a wide range of herbal ingredients, including mulberry leaf extract. Their focus on research and innovation in extraction methods keeps them competitive. Qingdao Beicheng Haiwo Traditional Chinese.

Medicine Biotechnology stands out in the market with its focus on traditional Chinese medicine, appealing to health-conscious consumers looking for holistic solutions. Meanwhile, Foodchem International Corporation holds a key position in the food and beverage segment, benefiting from its diversified product line. Companies like Xi'an Chen Lang Biological Technology, Xi'an LeSen Biotechnology, and Xi'an Angel Biotechnology are rapidly expanding, primarily targeting the growing demand for plant-based health supplements across various industries.

Mulberry Leaf Extract Market Companies

Major players operating in the mulberry leaf extract industry are:

Botanic Healthcare
Foodchem International
Nans Products
Qingdao Beicheng Haiwo Traditional Chinese Medicine Biotechnology
Shaanxi Jintai Biological Engineering
SimSon Pharma
VedaOils
Xi'an Angel Biotechnology
Xi'an Chen Lang Biological Technology
Xi'an LeSen Biotechnology

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.