Global Olive Leaf Extract Market: Overview
The scientific name for the olive plant is Olea Europaea and the olive leaf extract is attained from the olive plant. The olive leaf extract consists of antioxidant and antimicrobial properties. Other characteristics that the olive leaf extract consists of are antibacterial, antiviral, antioxidants, and anti-parasitic properties. In several regions of the Middle East and Africa, olive leaf extract is used for medicinal purposes.
|Historic Years||2016 - 2020|
|Forecast Years||2021 - 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
Global Olive Leaf Extract Market: Segmentation
The global market for the olive leaf extract is fragmented into its end-user industries and the form. Based on the end-user industries, the global market is segregated into pharmaceuticals, beverages, cosmetics, foods, nutraceuticals, and others. Based on the form, the market is categorized into solid and liquid form.
Global Olive Leaf Extract Market: Growth Factors
The Mediterranean diet involves the usage of olive products and this diet is getting popular among the people thus triggering the demand of the market. The consumption of the olive leaf extract has several health benefits which include a healthy heart, regulation of the blood pressure, and a longer life. In the production of different types of medicines and drugs, the olive leaf extracts are used owing to the anti-inflammatory and anti-mutagenic properties that it inhabits. In the manufacturing of several natural health care products, the olive leaf extract is used with the combination of omega-3 fish oils and manuka honey. The interaction of certain drugs with the olive leaf extracts can cause side effects which will hamper the growth of the market. Dizziness, muscle pain, fever, joint pain, sweating, diarrhea, nausea, and headache are the effects of the olive leaf extract if it is not taken in the proper amount. The increased cost that is involved in the research and development activities also impacts the growth of the market. Another factor that is affecting the market growth is the lack of awareness about the advantages of the olive leaf extract affects the growth of the market negatively.
Global Olive Leaf Extract Market: Regional Analysis
According to the regional study, the global market for the olive leaf extract is diversified into North America, Western Europe, Asia Pacific, the Middle East and Africa, Eastern Europe, and Latin America. The regions that have a significant market share in the global market are Europe and North America. The factors that are contributing to the market growth are the versatile benefits that are obtained from the olive leaf extracts, the growing applications of the olive leaf extracts, and the increasing inclination of the consumers towards healthy food products. The other factor that contributes to the market growth is the increased research and development activities that are related to the olive plant leaves and its nutritional value propels in the market growth of the olive leaf extract. In the Asia Pacific region, the demand of the olive leaf extract is growing owing to its increasing popularity in the pharmaceutical and cosmetic industries.
Global Olive Leaf Extract Market: Competitive Players
The key market players that are involved in the olive leaf extract market include Evergreen Life Products, Vabori Australia, Starwest Botanicals Inc., Barleans, Olivus Incorporation, Comvita Limited New Zealand, and Frutarom.
Global Olive Leaf Extract Market: Regional Segment Analysis
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