The global demand for Garcinia Cambogia Extract Market is presumed to reach the market size of nearly USD 173.37 MN by 2028 from USD 111.42 MN in 2021 with a CAGR of 5.92% under the study period 2022 - 2028.
Garcinia Cambogia Extract is a fruit extract derived from the sweet, tropical fruit Garcinia Cambogia or Malabar tamarind. The fruit is found in Southeast Asia and India. Garcinia cambogia extract is enriched with vitamins, minerals, and an active ingredient hydroxycitric acid, or HCA. HCA blocks the body’s ability to create fat and enhances serotonin levels in the brain. Thus HCA reduces food cravings. By reducing excess fat HCA helps in weight loss and lowering blood sugar levels. In addition to weight loss, garcinia cambogia extract also helps in reducing cholesterol levels, reducing the risk of ulcers, enhancement of cardiovascular health, stress reduction, muscle building and improving lipid profiles. Garcinia cambogia extract is available in tablet or powdered form under a variety of names such as garcinia complex, gummi-gutta, cambogia garcinia, and garcinia diet supplement.
Market Dynamics
The significant factors contributing to the growth of the garcinia cambogia extract market are growing weight-loss industry, spreading awareness of potential health benefits of Garcinia Cambogia among consumers, and growing health consciousness across the globe. The broad range of applications of the garcinia cambogia extract market in cardiovascular health and overall body functioning are attracting pharmaceutical companies leading to an increase in the global demand. Another notable element contributing to the market growth is ascending obesity worldwide.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of garcinia cambogia extract. The growth and trends of garcinia cambogia extract industry provide a holistic approach to this study.
Market Segmentation
This section of the garcinia cambogia extract market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Form
By Distribution Channel
- Supermarkets/Hypermarkets
- Convenience Stores
- Medical Stores
- Online Stores
By Application
- Food Industry
- Pharmaceuticals Industry
- Other
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Garcinia Cambogia Extract market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Garcinia Cambogia Extract Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the garcinia cambogia extract market include Power up health, BioGanix, Nature wise, Naturabest, NOW Foods, Top Secret Nutrition, Natrol, Global Health Ideas, Quality Encapsulations, Potent Organics. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.
