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Papaya Extract Market Size, Share Global Analysis Report, 2019 – 2026
Papaya Extract Market By Type (Liquid and Powder), By Application (Food, Cosmetics, Chemical Products, Pharmaceutical and Health Care, and Feed) and By Regions: Global Industry Perspective, Comprehensive Analysis, and Forecast 2019 – 2026
Industry Insights
This professional and specialized report study examines the technical and business perspective of the Papaya Extract industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the global Papaya Extract market. The report study analyzes the market statistics at the global as well as the regional levels to gain an in-depth perspective of the overall global Papaya Extract market. The historical insights are provided from 2016 to 2019 and projected trends are provided from 2020 to 2026. The quantitative data is provided in terms of value (USD Million) for 2016 – 2026. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.
We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the global Papaya Extract market in our study.
Key Insights from Primary Research
- According to primary research, the inclination of consumers toward healthy lifestyle and flavored beverages or ready-to-eat products help surge the demand for papaya extracts production across the globe.
- Rejuvenating properties along with the other skin treatments is projected to help boost the concerned market in the coming years.
- Research and developments has proved papaya extracts as a perfect remedy for dengue fever and thus, the rising cases of dengue is anticipated to successively bolster the market for papaya extract.
- In the type segment, the powder accounted for 65% market share in 2018 owing to its sweet taste and arousing flavor that escalates its use in the cold drinks, bakery items, cosmetics, etc.
- Papaya extracts’ white blood cells and platelet count increasing and fever control properties is anticipated to help it propel its application in the pharmaceutical and health care.
Key Recommendations from Analysts
- Experts propose that the Papaya Extract market will grow owing to its increasing use in the health care sector, especially for controlling dengue fever.
- Rising demand for glowing and impurities free skin among the youngsters or appearance conscious populace attributes to the escalating demand for Papaya Extract market.
- Additionally, the increasing number of sport activities in South America projects the high demand for functional beverages, which indirectly is estimated to boost the Papaya Extract market growth during the forecast period.
- Burgeoning private investments in the papaya cultivation without any government subsidies & incentive is estimated to enhance the industry growth in the coming years
- As per the experts, papaya extracts’ major demand in the food & beverage industry owing to the presence of protein-digesting enzyme papain is projected to enhance the market.
Global Papaya Extract Market Attractiveness in 2019: By Application Segmentation Analysis
Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the global Papaya Extract market. It also encompasses PESTLE analysis and SWOT analysis.
The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the global Papaya Extract market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the global Papaya Extract market.
The research study provides a critical assessment of the Papaya Extract industry by logically segmenting the market on the basis of Type, Application, and Regions. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026. The regional segmentation of the Papaya Extract industry includes the holistic bifurcation of all the five major continents including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Papaya extracts are made from fresh fruits or skins of the fruit. It is also known as Carica papaya fruit extract. It is majorly used in the formulation and the production of exfoliants, dandruff control products, ointments, acne treatments, and anti-aging skincare products. The enzymes in the extract help rejuvenate skin by removing dead cells or impurities. Papaya extracts are also used in various cosmetic products such as gels, conditioners, moisturizers, shampoos, facial masks, creams, etc.
Increasing demand for flavored beverages along with the changing lifestyle and more preference toward fruit or ready-to-eat food products are factors fuelling the demand for papaya extracts in the food processing industry. Apart from this, the advancement in the storage centers, transportation facilities, and cultivation process is estimated to boost the market growth during the forecast period. The entry of new industrial players with their latest innovations and lucrative methods will also help propel the global Papaya Extract market. The growing use of papaya extract in infant formula, increasing consumer demand for healthy lifestyles, and continual research & development activities attribute to the growing demand for papaya extract. Additionally, the rising use in the bakery industry, ice creams, cakes, yogurt, sports drinks, etc. is further anticipated to boost the market growth during the forecast period.
The global Papaya Extract market is segmented based on Type and Application. On the basis of type, the global Papaya Extract market is divided into Liquid and Powder. Based on the application, the market for papaya extract is segregated into Food, Cosmetics, Chemical Products, Pharmaceutical and Health Care, and Feed.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 3642 Million |
Projected Market Size in 2026 |
USD 5702 Million |
CAGR Growth Rate |
7% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Garden of Naturalsolution Co., Ltd., Provital Group, Guangdong Dashan Chemical, Lucas Meyer Cosmetics, RAHN AG, Navchetana Kendra Health Care Private Limited, Lipotec SAU, Technology Co., Ltd., and Greentech GmbH. |
Key Segment |
By Type, By Application, By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Competitive Players
Some of the essential players operating in the global Papaya Extract market, but not restricted to include :
- Garden of Naturalsolution Co. Ltd.
- Provital Group
- Guangdong Dashan Chemical
- Lucas Meyer Cosmetics
- RAHN AG
- Navchetana Kendra Health Care Private Limited
- Lipotec SAU
- Technology Co. Ltd.
- Greentech GmbH
The taxonomy of the Papaya Extract Market by its scope and segmentation is as follows:
By Type Segmentation Analysis
- Liquid
- Powder
By Application Segmentation Analysis
- Food
- Cosmetics
- Pharmaceutical and Health Care
- Chemical Products
- Feeds
By Regional Segmentation Analysis
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
KEY BUSINESS POINTERS ADDRESSED & FOREMOST REASONS TO PROCURE THE REPORT:
- Statistical Analysis of the Past, Current, and Future Trends of the Industry with Validated Market Sizes Data
- Direct and Indirect Rationales Impacting the Industry
- In-depth and Micro Analysis of Viable Segments and Sub-segments
- Companies and Vendors Market Share, Competitive Landscape, and Player Positioning Analysis
- Demand Side (Consumption) and Supply Side (Production) Perspective and Analysis wherever applicable
- Key Buyers and End-Users Analysis
- Value Chain and Manufacturing Cost Structure Analysis wherever relevant
- Key Marketing Strategies as well as Key Sales Channels adopted in the market
- Investment Opportunity Analysis & Patents Analysis wherever feasible
- Technological Road Map & Technical Analysis
- Robust Research Methodology comprising a dynamic mix (65%~35%) of Extensive Primary Research (primary interviews, ad-hoc surveys, questionnaires) and Protracted Secondary Research (proprietary in-house database, paid external databases, publically available validated sources)
Table of Content
Industry Major Market Players
- Garden of Naturalsolution Co. Ltd.
- Provital Group
- Guangdong Dashan Chemical
- Lucas Meyer Cosmetics
- RAHN AG
- Navchetana Kendra Health Care Private Limited
- Lipotec SAU
- Technology Co. Ltd.
- Greentech GmbH.
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