Global Buckwheat Extract Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2023-2032

Buckwheat is a plant species known to be rich in protein, fiber, amino acids, vitamins and essential minerals. These nutrients are concentrated in the roots, leaves, flowers and seeds, which are mixed with alcohol and cooked above boiling. The residue obtained from this process is called buckwheat extract. Buckwheat extract has the same nutritional components as the buckwheat plant, and is widely used as an additive in foods, pharmaceuticals, and cosmetics.

Because buckwheat extract is naturally gluten-free, it is widely used in the production of food and dietary supplements for people with gluten allergies. The global buckwheat extract market is booming due to population growth, growing preference for nutritious foods and increasing number of people suffering from various diseases. Stroke is one of the deadliest diseases of global mortality concern. According to a CDC report, in 2018, one in six deaths from cardiovascular disease was due to stroke. Buckwheat extract contains rutin, a flavonoid known for its ability to strengthen blood vessels and maintain elasticity, helping prevent diseases such as stroke, high blood pressure and atherosclerosis.

The US National Library of Medicine reports that 7% of the world's population and 6% of the US population suffer from gluten allergies. In 2017, it has been observed that sales of gluten-free food and pharmaceuticals in the United States surpassed his $3 billion. Buckwheat extract is a gluten-free product and is widely used in food and pharmaceutical production.

The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Buckwheat Extract market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand, price, revenue and gross margins.

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The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Buckwheat Extract manufacturers, distributors, end users, industry associations, governments' industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Buckwheat Extract market covering all its essential aspects.

Market Segmentation:
1. Type of Buckwheat Extract:
• Powdered Buckwheat Extract
• Liquid Buckwheat Extract
• Capsule/Tablet Buckwheat Extract

2. Application:
• Food and Beverages (including bakery, confectionery, beverages, etc.)
• Dietary Supplements
• Cosmetics and Personal Care Products
• Pharmaceuticals

3. Distribution Channel:
• Online Retailers
• Offline Retailers (Supermarkets, Hypermarkets, Health Stores, etc.)
• Direct Sales

4. End User:
• Individuals/Consumers
• Food and Beverage Manufacturers
• Nutraceutical Companies
• Cosmetics and Personal Care Product Manufacturers
• Pharmaceutical Companies

5. Geography:
• North America (United States, Canada, etc.)
• Europe (United Kingdom, Germany, France, etc.)
• Asia-Pacific (China, Japan, India, Australia, etc.)
• Latin America (Brazil, Mexico, Argentina, etc.)
• Middle East & Africa (United Arab Emirates, South Africa, Saudi Arabia, etc.)

Following are Top Key players Covered in Report:
Nexira
Foodchem International Corporation
The Good Scents Company
Martin Bauer Group
Panacea Phytoextracts
La Milanaise

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Regional Analysis:
1. North America: North America is a significant market for buckwheat extract, primarily driven by the United States and Canada. The increasing consumer demand for natural and functional food ingredients, including buckwheat extract, is contributing to market growth. Additionally, the rising prevalence of health-conscious consumers and the growing interest in plant-based products are driving the market in this region.

2. Europe: Europe is another prominent market for buckwheat extract. Countries such as Germany, France, and the United Kingdom are witnessing a surge in demand for natural and organic products, including buckwheat extract. The presence of a well-established food and beverage industry and a growing trend of clean-label products are fueling market growth in Europe.

3. Asia Pacific: The Asia Pacific region holds significant growth potential for the buckwheat extract market. Countries like China, Japan, South Korea, and India have a long-standing tradition of consuming buckwheat-based products, and this is driving market growth. Additionally, the increasing awareness of the health benefits associated with buckwheat extract and the rising demand for functional food ingredients are further propelling the market in this region.

4. Latin America: Latin America is witnessing a steady growth rate in the buckwheat extract market. Countries like Brazil and Mexico are experiencing increased consumer awareness regarding natural and healthy food products, leading to the adoption of buckwheat extract in various food and beverage applications.

5. Middle East and Africa: The buckwheat extract market is gradually expanding in the Middle East and Africa region. Growing health consciousness, rising disposable incomes, and the increasing availability of functional food products are driving the demand for buckwheat extract in this region.

Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter's Five Force Model and SWOT analysis are used to study the global Buckwheat Extract market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Buckwheat Extract would help in identifying future applications in this market.

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Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

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