the present scenario (with the base year being 2017) and the growth prospects of global Yucca Mohave Extract market for 2018–2023.
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.
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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.
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.
Over the next five years, LPI(LP Information) projects that Yucca Mohave Extract will register a 1.2% CAGR in terms of revenue, reach US$ 89 million by 2023, from US$ 83 million in 2017.
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.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Powder
Liquid
Segmentation by application:
Pharmaceutical
Food Additive
Animal Feeding
Other
This report also splits the market by region:
Americas
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:
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 2013 to 2017, and forecast to 2023.
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
2018–2023 Global Yucca Mohave Extract Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Yucca Mohave Extract Consumption 2013–2023
2.1.2 Yucca Mohave Extract Consumption CAGR by Region
2.2 Yucca Mohave Extract Segment by Type
2.2.1 Powder
2.2.2 Liquid
2.3 Yucca Mohave Extract Consumption by Type
2.3.1 Global Yucca Mohave Extract Consumption Market Share by Type (2013–2018)
2.3.2 Global Yucca Mohave Extract Revenue and Market Share by Type (2013–2018)
2.3.3 Global Yucca Mohave Extract Sale Price by Type (2013–2018)
2.4 Yucca Mohave Extract Segment by Application
2.4.1 Pharmaceutical
2.4.2 Food Additive
2.4.3 Animal Feeding
2.4.4 Other
2.5 Yucca Mohave Extract Consumption by Application
2.5.1 Global Yucca Mohave Extract Consumption Market Share by Application (2013–2018)
2.5.2 Global Yucca Mohave Extract Value and Market Share by Application (2013–2018)
2.5.3 Global Yucca Mohave Extract Sale Price by Application (2013–2018)
3 Global Yucca Mohave Extract by Players
3.1 Global Yucca Mohave Extract Sales Market Share by Players
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