Published Date: 2019-07-18 | Pages: Ongoing | Tables: Ongoing | Report ID: 7308
Industry: Food & Beverages
The availability of a range of applications of products in financially rewarding industry verticals such as food, cosmetics, and pharmaceuticals is foreseen to help the global olive leaf extract market to show impressive growth. The global market growth could be positively impacted due to rising interest in Mediterranean diets. Manufacturers are expected to concentrate on offering organically-grown olive leaf extract to appeal to more number of consumers.
Product packaging could play a considerable role in sales growth. Manufacturers are expected to launch new looks of their product packaging to attract customers. In May 2019, Gaia Herbs, a US manufacturer of medicinal herbal products, introduced its new official website and a modern new product packaging.
Demand for Olive Leaf Extract to Grow in Natural Healthcare Industry
Growing use of olive leaf extract because of its number of health benefits such as blood pressure regulation is predicted to augment its demand in future. Increasing health consciousness and desire to live longer are expected to highlight the use of olive leaf extract. Important application of olive leaf extract in the production of a variety of drugs because of its anti-inflammatory and anti-mutagenic properties is prophesied to help players to improve their sales. Olive leaf extract is also used in natural healthcare products along with omega-3 fish oils and manuka honey.
● Anti-inflammatory and anti-mutagenic properties of olive leaf extract to push its demand in drugs and medicines market
● Players to find interest in emerging economies due to the availability of sales growth prospects
● Use of olive leaf extract to improve in cosmetics industry
● Developed regions to secure significant market shares in the coming years
Manufacturers to Sign Acquisition Deals for Increasing Production
The global olive leaf extract market marks the presence of leading players including NutriLiving, Gaia Herbs, Döhler, Evergreen Life Products, Olivus Incorporation, Barlean’s, Vabori, Comvita Ltd., Frutarom, and Starwest Botanicals Inc. Players are anticipated to acquire companies in the same business to increase their production and supply in the global market. Companies may look to bank on sales opportunities in developing countries such as China and India.
In April 2019, Comvita acquired the remaining 49% of its Comvita China Limited and Comvita Food (China) Ltd., collectively known as China Joint Venture. In the same month, Döhler acquired a majority stake in ZUCASA, a Spanish provider of fruit and vegetable juices, purees, and concentrates.
● Dietary Supplements
The report covers two important forms of olive leaf extract, viz. powder and liquid. Both of these segments of the global olive leaf extract market are deeply researched about with heavy emphasis on their market share, growth potential, and future opportunities. The report also sheds light on the growth potential and other aspects of key application segments. In the cosmetics industry, olive leaf extract is used in various products mainly because of its ability to improve skin health.
Asia Pacific is prognosticated to exhibit strong potential for growth in the global olive leaf extract market due to the rise of profitable end-use industries such as pharmaceuticals and cosmetics. Europe and North America are foretold to account for telling shares of the global market while riding on increasing research and development focused on plant leaves and their benefits. High awareness about various applications and benefits of olive leaf extract could be another factor strengthening the market growth of both the regions.
QYR Consulting has a team of experts specializing in pricing analysis. They carry tons of experience in preparing customized research and statistical studies highlighting price changes, competitor prices, pricing strategies, and other related factors. For the global olive leaf extract market, the analysts have provided a highly exhaustive and accurate pricing analysis that is expected to help players to increase their profit margin and compete well against other market participants. Pricing analysis is not only about assessing profit levels and product prices but also taking a closer look at other aspects such as sales volume and brand management.
NOTE - The analysis, thoughts, views, facts, and opinions expressed in this report are of the respective research analysts. QYR Consulting does not necessarily endorse it or it is also not essentially formal views of QYR Consulting.
Food and beverages sector is considered to be one of the fastest-growing one. Growth of its various industries, right from processing, packaging, and labelling amongst others, have witnessed unbelievable transformation over the years. Players in the food and beverages industry are constantly catering to the changing lifestyle needs that are at times characterized by healthy eating habits or higher purchasing power. The food and beverages industry is extremely dynamic and hence requires a constant watch.
Our researchers have created a repository of thoroughly-researched reports that are aimed at offering the readers a detailed outlook of the industry. Analysts have focused on issues such as food security, evolving demographics, and changing dietary habits. Packaging and innovation therein, along with emerging trends such as organic food items have been discussed through these publications.
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