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Buckwheat Extract Market Set for Rapid Growth and Trend by 2025
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In Japan, buckwheat noodles being popularly used due its image as nutrient rich food product. The key ingredient in the noodles being rutin which has been recognized to be of great importance. The product placement by using the buckwheat’s key ingredient (rutin) is attracting manufacturers to introduce new products comprising buckwheat extract. Thus acting as a driving force in steering the global buckwheat extract market’s growth.
Buckwheat extract’s diversified use in therapeutic herbal formulations providing benefits such as strengthening blood vessels and improving blood flow, also providing additional health benefits in diabetes management improving bone health and many more is expected to drive market growth during the forecast period. Additionally the buckwheat extract has the ability to blend with majority of food products providing an additional use in the food and beverage industries. The use of the extract in food as an additive is one of the key drivers for the growth of the global buckwheat market.
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Consumer’s preferences are noticeably on a shift towards the healthier options and the organic buckwheat extract is therefore expected to grow at a significant CAGR in terms of value and volume during the forecast period.
The natural products offer a wide acceptance in use as cosmetic products attributed to the natural antioxidant nature of buckwheat extract. The application in cosmetics is anticipated to grow due to the increased awareness among consumers regarding the safety in use of the naturally derive herbal products.
The rise in global demand of the herbal extracts has attracted many manufacturers to supply quality products and some of the key players participating in the global buckwheat extract market are; Martin Bauer GmbH & Co. KG, Nexira Inc., Oryza Oil & Fat Chemical Co., Ltd., JIAHERB, INC., Foodchem International Corporation.
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