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White Mulberry Leaves Extract Market Analysis

  • Report ID: GMI11328
  • Published Date: Sep 2024
  • Report Format: PDF

White Mulberry Leaves Extract Market Analysis

By form, powder segment will capture USD 54.29 billion and demonstrate a 12.8% CAGR by 2032. The powder segment dominates the white mulberry leaves extract market due to its versatility, ease of use, and wide application across various industries. Powdered extracts are particularly favored in the nutraceutical and dietary supplement sectors, where they can be easily incorporated into capsules, tablets, and functional foods. Their longer shelf life and higher concentration of active ingredients compared to liquid forms make them appealing to both manufacturers and consumers.
 

Additionally, the powder form allows for precise dosing and convenient packaging, which further enhances its popularity. As consumer demand for natural and plant-based supplements grows, the dominance of the powder segment is expected to continue.
 

White Mulberry Leaves Extract Market Revenue Share, By Application, (2023)

By application, nutraceuticals segment will expand to USD 37.23 billion and garner 13% CAGR by 2032. The nutraceuticals segment dominates the white mulberry leaves extract market due to its well-established reputation for managing blood sugar levels, supporting weight loss, and offering antioxidant benefits. Consumers are increasingly seeking natural, plant-based supplements, driving demand within this segment. White mulberry leaf extract is commonly incorporated into capsules, powders, and teas, catering to health-conscious individuals focused on preventive healthcare.
 

The growing awareness of the extract’s potential to aid in diabetes management and improve overall wellness further bolsters its prominence in the nutraceuticals market. As consumer interest in holistic health continues to rise, the dominance of this segment is expected to strengthen.
 

By distribution channel, online retail segment will expand to USD 42.95 billion and garner 13% CAGR by 2032. The online retail segment dominates the white mulberry leaf extract market, driven by the increasing consumer preference for convenient shopping and access to a wide variety of products. E-commerce platforms allow consumers to easily compare brands, read reviews, and access detailed product information, enhancing trust and purchase decisions.
 

The global reach of online stores also enables manufacturers to tap into diverse markets, expanding their customer base beyond local boundaries. Additionally, the rise of digital marketing and targeted advertising has further boosted online sales, making it the fastest-growing distribution channel in the market.
 

Asia Pacific White Mulberry Leaves Extract Market Size, 2021 - 2032 (USD Billion)

Asia pacific white mulberry leaves extract market will record 13.1% CAGR and USD 37.59 billion by 2032, due to the region's deep-rooted use of mulberry in traditional medicine and wellness practices. Countries like China, Japan, and Korea have long recognized the health benefits of white mulberry, driving substantial demand in nutraceuticals and dietary supplements. The region's abundant availability of raw materials and advanced extraction technologies further strengthens its market position.
 

Additionally, rising consumer interest in natural health products and the growth of the herbal medicine sector in Asia-Pacific contribute to the region's dominance. As awareness of white mulberry's benefits spreads globally, Asia-Pacific remains a key production and consumption hub.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of white mulberry leaves extract reached USD 40.65 billion in 2023 and will demonstrate a 12.7% CAGR from 2024 to 2032, owing to increasing awareness of its health benefits, including its potential to aid in blood sugar regulation, weight management, and overall wellness.

The nutraceuticals segment will expand to USD 37.23 billion by 2032, attributed to the increasing consumer preference for natural and health-promoting supplements.

Asia Pacific market will grow at USD 37.59 billion by 2032, driven by the region

Key players operating in the market are Nutra Green, Swanson Health Products, NuVitality, Undersun Biomedtech Corp., Kordel's, Shaanxi SCIGROUND Biotechnology Co., Ltd., Biotic Nature Products, Phytotech Extracts Pvt Ltd, Nans Products, and iHerb, LLC, among others.

White Mulberry Leaves Extract Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 195
  • Countries covered: 22
  • Pages: 235
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