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Mulberry Leaf Extract Market Size

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

Mulberry Leaf Extract Market Size

The global mulberry leaf extract market size was valued at USD 1.8 billion in 2023 and is estimated to grow at a CAGR of over 3.5% from 2024 to 2032.

 

The mulberry leaf extract market is driven by increasing consumer awareness about the extract's health benefits, particularly in managing blood sugar levels, supporting weight loss, and promoting heart health. Rising interest in natural, plant-based ingredients in dietary supplements and functional foods also fuels demand. The growing popularity of traditional remedies, particularly in Asia, combined with a shift towards preventative healthcare, further supports market expansion.
 

Additionally, the beauty and skincare industry are incorporating mulberry leaf extract for its antioxidant properties. The industry is trending toward product diversification, including teas, capsules, and topical formulations, catering to the rising global demand for holistic, wellness-oriented products. Sustainable sourcing practices are becoming a key focus as consumers seek eco-friendly solutions.
 

For instance, according to WHO reports, the global prevalence of hypertension, affecting an estimated 1.2 billion adults, with two-thirds residing in low- and middle-income countries, drives the demand for natural remedies like mulberry leaf extract. With 46% of adults unaware of their condition and only 42% receiving diagnosis and treatment, there's growing interest in alternative solutions for managing hypertension.
 

Mulberry leaf extract, known for its potential to lower blood pressure and improve cardiovascular health, is increasingly sought after as a natural supplement. This rising awareness, especially in developing regions, is expected to propel the growth of the market as consumers seek affordable, plant-based options.

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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