What is White Kidney Bean Extract Market?
White kidney bean is a variety of the common bean (Phaseolus vulgaris), originated from Central and South America, where it was cultivated in Peru and Mexico. White kidney bean is now widely spread and cultivated as a main food crop in many tropical, subtropical and temperate areas of the Americas, Europe, Africa and Asia. White kidney beans contain the lectin phytohemagglutinin and high amounts of phytohemagglutinin are toxic to humans, lower concentrations can have appetite-suppressing effects. White bean extract is frequently marketed as a natural weight loss aid. There are 2 types of white kidney bean one is erect herbaceous bushes, up to 20-60 cm high; and another is twining, climbing vines up to 2-5 m long. Scientific study has revealed that White kidney bean extract deliver a good source of protein, an excellent source of fiber, and numerous essential nutrients.
The market study is being classified, by Application (Pharmaceutical, Food & Beverages and Supplements) and major geographies with country level break-up.
Futurebiotics (United States), Natrol (United States), Naturals Way Co. Ltd. (China), NOW Foods (United States), Bulksupplements (United States), Biotech Nutritions (United States), Olympian Labs (United States), Wellsome Nutrition (Australia), S.A. Herbal Bioactives LLP (United States) and Nanjing NutriHerb BioTech Co.,Ltd (China) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global White Kidney Bean Extract market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global White Kidney Bean Extract market by Type, Application and Region.
On the basis of geography, the market of White Kidney Bean Extract has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Demand for White Kidney Bean Extract as it Induces Weight Loss
- Rising Use in Food Supplements
Market Trend
- Widely Available For Purchase Online
Restraints
- White Bean Extract May Trigger Minor Side Effects
Opportunities
- The Emerging Demand from Developing Countries
- Growing Food Industries across the Developing Countries
Key Target Audience
Manufacturers of White Kidney Bean Extract, Suppliers of White Kidney Bean Extract, Wholesalers, Distributors and Retailers of White Kidney Bean Extract, Pharmaceutical Industry, Regulatory Bodies and Governmental Bodies