Wolfberries Extract Market Scope
Goji berries alternatively termed to as wolfberries, are the bright orange-red coloured fruits cultivated mostly in the Mediterranean region and some part of Asia. The goji berry extract is complete pack of vitamins, and trace elements such as calcium, iron, antioxidants, etc. that promotes immunity. Due to this, it is widely used in cosmetic and personal care products to improve the texture and health of skin and hair. Furthermore, due to rich in trace minerals and vitamins, it is expanding its usage across health supplement, fortified food and Nutraceuticals products.
The Wolfberries Extract market study is segmented, by Application (Nutraceuticals, Cosmetics and Pharmaceuticals) and major geographies with country level break-up.
Research Analyst at AMA estimates that Players are mainly concentrated in China Vendors will contribute to the maximum growth of Global Wolfberries Extract market throughout the predicted period.
Parchem fine & specialty chemicals (US), Shaanxi Zsky Biomedical Co. Ltd (China), Gojix (Canada), Royal Forest Company (Russia), Ningxia Wolfberry Biological Food Engineering Co., Ltd. (China), Swanson (US), PipingRock Health Products, LLC (US), Bolise Co., Limited (China), Bettering Biotech Co., Ltd (China) and Andy Biotech (Xi'an) Co., Ltd. (China) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Wolfberries Extract market by Type, Application and Region.
On the basis of geography, the market of Wolfberries 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).
Market Drivers
- Growing demand for functional beverages and dietary supplement
- Increasing health conscious population driving demand for health boosting products
Opportunities
- Ongoing research studies for better understanding of advantages and usage of wolfberry
- Increasing popularity in North America and European countries
Restraints
- Side effects or allergic reactions with the consumption of wolfberry extract
Key Target Audience
Manufacturers of Wolfberry Extract, Suppliers of Wolfberry Extract and Manufacturers of Dietary Supplement, Cosmetic manufacturers, pharmaceutical companies