African Mango Seed Extract Market To Reach US$ 249.9 Mn By 2026

Food

Persistence Market Research (PMR) delivers key insights on the global African Mango Seed Extract market in its upcoming outlook titled, “African Mango Seed Extract Market: Global Industry Analysis 2013-2017 and Forecast 2018-2026”. In terms of value, the global African Mango Seed Extract market is projected to register a steady CAGR of 3.7% during the forecast period due to various factors, regarding which PMR offers vital insights in detail.

Scope of the Report for African Mango Seed Extract Market

The African Mango Seed Extract market is segmented on the basis of nature, end use, function, distribution channel and region. On the basis of nature, the global African Mango Seed Extract market is segmented into, organic and conventional. The organic segment is expected to represent lucrative market growth rate in the global African Mango Seed Extract market in terms of both value and volume resulted by growing demand for organic products especially in North America and European regions. On the basis of end use, the global African Mango Seed Extract market is segmented into dietary supplements, functional food and beverages, pharmaceutical industry and cosmetics & personal care. Among all the end use segments, dietary supplement manufacturers followed by the functional food & beverages manufacturers are expected to dominate the global African Mango Seed Extract market in the near future owing to increasing awareness about the commercially important property the product possesses i.e. weight loss management. On the basis of function, the application of African Mango Seed extract for weight management is expected to dominate the market by 2026. 

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Growing Interest in Functional Food and Beverages to Accelerate the Growth of African Mango Seed Extract Market

The growing demand for healthy lifestyle is becoming an important factor for food processing companies. Over the past couple of years, the market for functional foods is growing rapidly and is highly dynamic. African Mango Seed extract as an ingredient in functional food and beverages has been slowly gaining traction among its target customers owing to the some of the critical properties possessed in the product. Asia-Pacific region is being considered as the major shareholding region in terms of value sales in global functional food and beverages market.

Global African Mango Seed Extract Market: Competition Dashboard

This report covers trends driving each segment and offers analysis and insights into the potential of the African Mango Seed Extract market in specific regions. Detailed profiles of the providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the African Mango Seed Extract space. African Mango Seed Extract key players include, include Z Natural Foods LLC, Xian Yuensun Biological Technology Co.,Ltd., Qingdao BNP Co. Ltd, Shaanxi I/E Biological Technology Co., Ltd., Xian Shunyi Bio-Chemical Technology Co.,Ltd, Apex Biotechnol, Xi’an Le Sen Bio-technology Co.,Ltd, Panacea Phytoextracts Pvt. Ltd., Clover Nutrition Inc. and Naturalin Bio-Resources Co. Ltc.

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Global African Mango Seed Extract Market: Key Insights

The growth of the African Mango Seed Extract market is supported by increasing number of millennials demanding for healthy and natural food. Higher preference for healthy lifestyle and rising rate of obesity are some of the critical factors paving an opportunity for African Mango Seed Extract market to grow at a steady rate over the forecast period.