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Global Garcinia Market Overview 2019 - Guangdong Hybribio, Hunan Huacheng Biotech Inc., Hunan Nutramax Inc., Nuvaria Ingredients, Ambe Phytoextracts Private Ltd., Honson Pharmatech Group Ltd. And Many More

03-19-2019 08:20 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Furture

Garcinia Market Research Report - Forecast to 2023

Garcinia Market Research Report - Forecast to 2023

Garcinia is fruit from mangosteen family that has culinary, pharmaceutical and industrial uses. It contains hydroxycitric acid which is considered as an effective alternative to prevent fat storage, control appetite and improve body endurance towards exercise. Market Research Future (MRFR) has published a report stating that the global garcinia market is marked to expand at a moderate growth rate during the forecast period of 2018-2023.

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Market Segmentation:

The global garcinia market has been segmented based on form and application. Based on form, the garcinia market has been segmented into powder, liquid and others. Among these, the powder form forecasted to dominate the global garcinia market owing to its extensive use in manufacturing various products. Based on application, the garcinia market has been segmented into foods & beverages, functional foods & dietary supplements, and others. Among these, the functional foods & dietary supplements segment is marked to dominate the global garcinia market, owing to the high demand for garcinia in dietary supplements. This segment is also projected to be the fastest growing segment in the global garcinia market during the forecast period.

Prominent Key Players

The major player profiled by MRFR that are operating in the global garcinia market are Hunan Huacheng Biotech Inc. (China), Guangdong Hybribio Biotech Co., Ltd. (Hong Kong), Hunan Nutramax Inc. (China), Nuvaria Ingredients (the U.S.), Ambe Phytoextracts Private Ltd. (India), Indfrag Limited (India), Honson Pharmatech Group Ltd. (Canada), Xi'an Lyphar Biotech Co., Ltd. (China), Sia Fruits Serviss, Zeon Health UK Ltd. (the U.K) and others.

Regional Analysis

Geographically, the global garcinia market has been segmented into Asia Pacific, North America, Europe and the rest of the world. The Asia Pacific region is anticipated to project dominance over the global garcinia market. The Southeast Asian Countries and India are the major producers of garcinia as the tropical climate promotes the growth of garcinia plantation.

Hence, the Asia Pacific region is also projecting the fastest growth in the global garcinia market. Increased research for the development of highly effective weight management supplements from garcinia is aiding the growth of the garcinia market in the Europe region. The North America region is projecting noteworthy growth in the global garcinia market owing to the high demand for natural and organic health supplements due to increasing prevalence of obesity in this region.

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Industry/ Innovation/ Related News:

October 2018 Market Research Future has published a half-cooked research report on the Global Garcinia Market.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

To stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:
Market Research Future
Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028
Maharashtra, India
Phone: +16468459312
Email: sales@marketresearchfuture.com

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