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Apricot Extract Market to Show Strong Growth | Leading players Global Merchants, Green Heaven Pvt. Ltd., etc
Apricot Extract Market
Apricot extract is a botanical ingredient obtained from the apricot (a fruit initially cultivated in China 3000 years ago). It is made up of carotenoids and polyphenols. Apricot extract is usually used for the nourishment and moisturization as it contains essential fatty acids and vitamin A. Apricot extract has the anti-inflammatory and antioxidant property which helps in improving the heart health and reduce the risk of infections. Apricot extract is an emollient that helps in soothing, smoothing and softening skin.
Apricot extracts contain several nourishing nutrients, minerals, and vitamins. Among them, the chief nutrient is linoleic acid which has the strengthening and calming effect on the skin. It is available in the liquid and powder form in the market. Bound to the above factors, it is expected that the demand for the product would be high during the forecast period.
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Growing Applications of Apricot Extract
Apricot extract has numerous applications in several fields. It helps to cure various health problems such as constipation, control blood pressure, improve bone health, and protect eyesight, cures dry, flaky and irritated skin and hair. Apricot extract is also used in various foods and beverages as a flavor ingredient. It adds flavor to various bakeries and confectioneries product including pastries, cakes, ice cream. Apricot extract is widely being used in cosmetics industries.
Global Apricot Extract: Market Segmentation
On the basis of source, the global apricot extract market has been segmented as-
Organic
Conventional
On the basis of form, the global apricot extract market has been segmented as-
Powder
Liquid
On the basis of packaging, the global apricot extract market has been segmented as-
PET Bottles
Glass Bottles
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On the basis of end use, the global apricot extract market has been segmented as-
Food Industries
Bakeries
Confectioneries
Beverages
Cosmetic Industries
Pharmaceutical Industry
On the basis of grade, the global apricot extract market has been segmented as-
Food Grade
Pharmaceutical Grade
On the basis of distribution channel, the global apricot extract market has been segmented as-
B2B
B2C
Store Based Retailing
Hypermarkets/Supermarkets
Healthcare Stores
Speciality Stores
Online Based Retailing
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Global Apricot Extract: Key Players
Some of the global topmost manufacturers and suppliers of apricot extract are Parchem Fine & Specialty Chemicals, Inc., Quality Products Lab Private Limited, HIYA INDIA BIOTECH PVT. LTD., Global Merchants, Green Heaven Pvt. Ltd., Wuxi Gorunjie Natural-Pharma Co., Ltd, Xi'an Tianrui Biotech Co., Ltd., Hunan NutraMax Inc. More Industrialists and manufacturers are showing a keen interest in the apricot extract as the demand for the product is growing in the food and cosmetic industry.
Opportunities for Market Participants:
Globally growing health and wellness consciousness is expected to boost the demand for the apricot extract market as apricot extract has several health benefits. In addition, increasing trend of grooming would have a significant impact on the apricot extract market. Since apricot extract is used in various cosmetic products including face wash, soaps, scrubs, and face cream. Also, globally growing number of bakeries and confectioneries is expected to give a lucrative growth to the apricot extract market as apricot extract is widely used as a flavor ingredient in the food and beverages.
This intelligence report by TMR is the outcome of intense study and rigorous assessment of various dynamics shaping the growth of the market. TMR nurtures a close-knit team of analysts, strategists, and industry experts who offer clients tools, methodologies, and frameworks to make smarter decisions. Our objective, insights, and actionable analytics provide CXOs and executives to advance their mission-critical priorities with confidence.
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