Press release
Olive Leaf Extract Market Consumption Forecast By Regions And Sales Channels Analysis, 2019-2025
The availability of a range of applications of products in financially rewarding industry verticals such as food, cosmetics, and pharmaceuticals is foreseen to help the global olive leaf extract market to show impressive growth. The global market growth could be positively impacted due to rising interest in Mediterranean diets. Manufacturers are expected to concentrate on offering organically-grown olive leaf extract to appeal to more number of consumers.Product packaging could play a considerable role in sales growth. Manufacturers are expected to launch new looks of their product packaging to attract customers. In May 2019, Gaia Herbs, a US manufacturer of medicinal herbal products, introduced its new official website and a modern new product packaging.
Demand for Olive Leaf Extract to Grow in Natural Healthcare Industry
Growing use of olive leaf extract because of its number of health benefits such as blood pressure regulation is predicted to augment its demand in future. Increasing health consciousness and desire to live longer are expected to highlight the use of olive leaf extract. Important application of olive leaf extract in the production of a variety of drugs because of its anti-inflammatory and anti-mutagenic properties is prophesied to help players to improve their sales. Olive leaf extract is also used in natural healthcare products along with omega-3 fish oils and manuka honey.
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Manufacturers to Sign Acquisition Deals for Increasing Production
The global olive leaf extract market marks the presence of leading players including NutriLiving, Gaia Herbs, Döhler, Evergreen Life Products, Olivus Incorporation, Barlean’s, Vabori, Comvita Ltd., Frutarom, and Starwest Botanicals Inc. Players are anticipated to acquire companies in the same business to increase their production and supply in the global market. Companies may look to bank on sales opportunities in developing countries such as China and India.
In April 2019, Comvita acquired the remaining 49% of its Comvita China Limited and Comvita Food (China) Ltd., collectively known as China Joint Venture. In the same month, Döhler acquired a majority stake in ZUCASA, a Spanish provider of fruit and vegetable juices, purees, and concentrates.
By Form
● Powder
● Liquid
By Application
● Cosmetics
● Beverages
● Pharmaceuticals
● Dietary Supplements
● Others
The report covers two important forms of olive leaf extract, viz. powder and liquid. Both of these segments of the global olive leaf extract market are deeply researched about with heavy emphasis on their market share, growth potential, and future opportunities. The report also sheds light on the growth potential and other aspects of key application segments. In the cosmetics industry, olive leaf extract is used in various products mainly because of its ability to improve skin health.
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