What is Buckwheat Extract Market?
The incidence of skin cancer has increased dramatically in recent years. Sunlight, particularly ultraviolet (UV) radiation, is thought to be a key factor in the development of skin cancer. As a result, there is a growing interest in developing UV-protective chemicals for use in sun care products. Topical use of plant antioxidants is one method. Extracts of plant-derived antioxidants generally contain a complex combination of components, such as flavonoids and polyphenols, that contribute to the extract's overall effectiveness. Buckwheat comprises rutin, a flavonoid that strengthens blood arteries. Rutin, also known as vitamin-P, is renowned for its ability to strengthen blood vessels while still preserving their flexibility. Buckwheat has a wide range of applications and is a key element in supplements aimed at avoiding diseases linked with ageing blood vessels, such as hypertension, myocardial infarction, atherosclerosis, and strokes. Other advantages of buckwheat extract include improved digestion, immunity, and bone health, among others.
The market study is being classified, by Application (Food Supplements, Nutraceuticals Formulations, Dietary Supplements and Cosmeceuticals) and major geographies with country level break-up.
Nexira SAS (France), The Good Scents Company (United States), Panacea Phytoextracts Pvt. Ltd. (India), La Milanaise (United States), Martin Bauer Group (Germany), Foodchem International Corporation (China), App-Chem Bio (Tech) Co., Ltd. (China), Radiant Inc. (United States) and Bolise Co., Limited (China) are some of the key players profiled in the study.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA predicts that United States & Chinese Players will contribute to the maximum growth of Global Buckwheat Extract market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Buckwheat Extract market by Type, Application and Region.
On the basis of geography, the market of Buckwheat 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
- Multiple Health Benefits
- Increasing Demand for Healthcare and Cosmetics
Market Trend
- Increasing Demand for Herbal and Organic Products
Restraints
- Side Effects due to Allergic Reaction
- Over Dose Leading to Adverse Disorders
Opportunities
- Growing Healthcare Infrastructure
- Low Penetration in Western Regions
Challenges
- Additional Costs Due to Taxes and Tariffs
- Presence of Counterfeit Products
Key Target Audience
Buckwheat Extract Manufactures, New Entrants and Investors, Buckwheat Extract Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others