Yucca Mohave Extract Market Growth 2019-2024
Yucca Mohave Extract is an extract of yucca plant; it is also called Mojave/ Mohave yucca or Spanish Dagger. It is originally from Mojave Desert, Chihuahuan Desert and Sonoran Desert of southeastern California, Baja California, New Mexico, southern Nevada and Arizona.The yucca extract is a new research success, and like many other plant extract, yucca extract is also have many applications, and the fundamental ones are medication and food and feed ingredients.
In medication usage, it is often used for osteoarthritis, high blood pressure, migraine headaches, inflammation of the intestine (colitis), high cholesterol, stomach disorders, diabetes, poor circulation, and liver and gallbladder disorders. It used in food industry as a foaming and flavoring agent in carbonated beverages. Moreover, it has been confirmed that it has effective result on animal feeding to enhance the taste of meat by controlling the maintenance of nitrogen, and it can also improve the nutrition in digestion.
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The product average price declined in the past few years due to the technology development, the average price will keep this trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials. Strong market competition is resulting in annual 2 percent price erosion.According to its natural characteristics of growing regions, the most key player of this industry centralized in United States and Mexico. Naturex is the only company in this report that does not locate in this region.
In addition, according to our investigation, Naturex is not a significant player in the Mohave Yucca Extract, since it possesses over 9000 products in food industry and does not have rich experience in this product.The application of yucca extract covers a wide range, such as medication, food additive, feeding ingredients, cosmetics, and so forth. In the research, the largest consumption of application is for animal feedings, which occupies the majority of the market. However, the situation is not stable, that the products for other usage are already in the laboratories. It is predictable that the product will be used in more industries.
The technology of yucca extract is keeping developing. In this case, the diversity of products will be realized in next years. Moreover, the expectation and demand of healthy lifestyle are the main power of this industry.According to this study, over the next five years the Yucca Mohave Extract market will register a 1.2% CAGR in terms of revenue, the global market size will reach US$ 89 million by 2024, from US$ 83 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Yucca Mohave Extract business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Yucca Mohave Extract market by product type, application, key manufacturers and key regions and countries.This study considers the Yucca Mohave Extract value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
- Powder
- Liquid
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
- Pharmaceutical
- Food Additive
- Animal Feeding
- Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
- A
- mericas
- United States
- Canada
- Mexico
- Brazil
- APAC
- China
- Japan
- Korea
- Southeast Asia
- India
- Australia
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Spain
- Middle East & Africa
- Egypt
- South Africa
- Israel
- Turkey
- GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
- Agroin
- DPI
- BAJA Yucca Co
- Naturex
- Desert King International
- American Extracts
- Nova Microbials
- Ingredients By Nature, LLC
- Garuda International
- PLAMED
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
- To study and analyze the global Yucca Mohave Extract consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Yucca Mohave Extract market by identifying its various subsegments.
- Focuses on the key global Yucca Mohave Extract manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Yucca Mohave Extract with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Yucca Mohave Extract submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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Table of content
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Yucca Mohave Extract Consumption 2014–2024
2.1.2 Yucca Mohave Extract Consumption CAGR by Region
3 Global Yucca Mohave Extract by Players
3.1 Global Yucca Mohave Extract Sales Market Share by Players
3.1.1 Global Yucca Mohave Extract Sales by Players (2017–2019)
3.1.2 Global Yucca Mohave Extract Sales Market Share by Players (2017–2019)
Key Que Answered in this report:
- What will the Yucca Mohave Extract Market?
- What are the key factors driving the Global Yucca Mohave Extract Market?
- What are the key market trends in the Yucca Mohave Extract Market?
- improve pasting the growth of these Yucca Mohave Extract Market?
- What are the challenges to the Yucca Mohave Extract Market?
- What are the market opportunities and threats faced by the vendors in the Global Yucca Mohave Extract Market?
- What are the key outcomes of the five forces analysis of the Yucca Mohave Extract Market?
What is our report offers:
Strategic suggestions and proposals for the beginners to understand
Assessments of the market share from different countries and regions were conducted
Top key market players, market share analysis included.
The market observations such as constraints, drivers, threats, opportunities, investment opportunities, challenges, and recommendations are added.
The competitive landscaping mappings of the ongoing trends are discussed.
Based on the market estimations, the strategic recommendations are made in the business segments
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