Quillaia Extracts Market Size, Share & Trends Analysis Report By Application (Food & Beverage, Personal Care, Pharmaceuticals), By Product Type (Powder, Liquid), By Distribution Channel, And Segment Forecasts, 2019 - 2025

Industry Insights

The global quillaia extracts market size was value at USD 736.2 million in 2018 and is expected to register a CAGR of 5.2% from 2019 to 2025. It is driven by rising preference for natural ingredients, changing food habits, and a wide range of applications of the product in industries such as food and beverage, medical, and personal care among others. Cough syrup, shampoo, beer, and soft drinks are some of the major application areas for quillaia extract. High demand for these products is anticipated to positively influence the market.

Quillaia extract is a rich source of saponins and sapogenins and is widely used as a foaming and emulsifying agent in the food and beverage industry, for the production of cream soda, cider, puddings, baked goods, and frozen dairy products among others. It is used in different quantities, for instance, in carbonated beverages, the concentration of quillaia extracts is up to 200mg/kg, and in non-carbonated juices, it is up to 500mg/kg.

Quillaia extract also finds application in the medical industry for the treatment of colds and bronchitis, hypercholesterolemia, Giardiasis (beaver fever), and rotavirus infection, among others. It is also used as an adjuvant for vaccines. External uses of the extracts include treatment of skin sores, itchy scalp, and athlete’s foot.

Rising adoption in cosmetics and personal care industry, driven by the increased preference for natural and organic products, is anticipated to drive the quillaia extracts market. Continuous R&D in the personal care industry is projected to further drive growth. For instance, Vegetol Quillai GR038 Hydro by Gattfose is used as a foaming agent in shampoos.

Application Insights

The food and beverage segment held the largest market share of 36.45% in 2018, owing to the rising demand for foam stabilizing agents. The product is a water-soluble foaming compound that helps maintain temperature, taste, and shelf stability, which drive the application.

The personal care segment is projected to register the fastest CAGR of 5.5% from 2019 to 2025. Rising demand for organic and natural skin care products is driving the adoption of quillaia extract as it is a natural surfactant, rich in antioxidants and other compounds. One of the market players, Desert King offers different types of quillaia extract, namely, Andean Pure Quillaia, Andean Q Ultra, Andean Q Ultra Organic, Andean QDP Ultra Organic, Andean QE, and Andean QD for cosmetic application.

Product Type Insights

The quillaia extracts in powder form held the largest market share of 50.08% in 2018. Powder extract enhances the flavor and shelf life of the end products as it lacks moisture. It blends easily with components and is easy to use. These factors are anticipated to bode well for the growth of the segment over the forecast period.

Liquid quillaia product type is anticipated to expand at a CAGR of 5.4% over the forecast period. The liquid extract is smooth and textureless making it suitable for curries and sauces. However, the use is restricted due to the stratification of liquid extracts upon storage for a longer span. Rise in consumption of beverages and high adoption of liquid quillaia extract for manufacturing beverages and other liquids due to its high solubility is anticipated to further fuel the growth.

Regional Insights

The Asia Pacific held the largest market share of over 32% in 2018, due to high product consumption in Australia and New Zealand. According to a report by the Bureau of Chemical Safety, the mean quillaia extract intake in Australia was 2.3mg/kg per day and 1.1 mg/kg per day in New Zealand.

Europe and North America are expected to witness a significant increase in the consumption of quillaia extracts. North America is anticipated to expand at the highest CAGR of 5.6% from 2019 to 2025. Continuous innovation and R&D related to organic ingredients and their application in different industries are the major factors driving regional growth.

Quillaia Extracts Market Share Insights

The leading players of the global market include Garuda International, Naturex, Ingredion, Stan Chem International, Desert King, Baja Yucca, and Chile Botanics among others. Most companies engage in innovation, R&D investments, and new product launches to cater to the rising demand and to gain greater market share on a global scale. In July 2019, Conference Series LLC Ltd. organized the fifth world congress on Medicinal Plants and Natural Products Research in Hong Kong.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2025. For this study, Grand View Research has segmented the global quillaia extracts market report based on application, product type, and region:

• Application Outlook (Revenue, USD Million, 2015 - 2025)

  • Food & beverage

  • Personal Care

  • Pharmaceuticals

  • Others

• Product type outlook (Revenue, USD Million, 2015 - 2025)

  • Powder

  • Liquid

• Regional Outlook (Revenue, USD Million, 2015 - 2025)

  • North America

    • The U.S.

  • Europe

    • Germany

    • U.K.

  • Asia Pacific

    • India

    • China

    • Australia

    • New Zealand

  • Central & South America

    • Brazil

  • Middle East & Africa

    • Africa