Press release
Broccoli Extract Industry: A Decade of Innovations in Nutrient-Rich Ingredients (2023-2033)
Due to its high nutritious content, broccoli is renowned for its practical applications. Two components of the broccoli plant, namely the sprout and seed, are used in the production of broccoli extract. The refined powder form of broccoli sprouts, called sprout extract, is thought to have a higher concentration of glucosinolates. In contrast, broccoli seeds produce glucosinolates that are higher quality and more pure.According to the prediction in the study, the market for seed extract is anticipated to dominate the product type category by the end of 2027, with a predicted market size of over US$ 2,000 Mn. However, it is anticipated that the market for sprout extract would develop at a rate of 4% over the course of the projected year.
The broccoli extract market is experiencing a significant surge in demand as consumers increasingly prioritize healthier and greener food options. Broccoli, a nutritional powerhouse, is well-known for its high content of vitamins, minerals, and antioxidants. Extracts derived from broccoli offer a concentrated form of these beneficial compounds, making them an attractive addition to the food and beverage industry.
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One of the key drivers behind the growing popularity of broccoli extract is the increasing consumer awareness of the health benefits associated with its consumption. Studies have shown that broccoli and its extracts possess anti-inflammatory properties, support immune function, and contribute to overall health and well-being. With the rising focus on preventive healthcare, consumers are seeking out functional foods and ingredients that can enhance their daily diet and support their long-term health goals.
Furthermore, the broccoli extract market aligns with the global shift toward sustainable and eco-friendly food choices. Broccoli, being a cruciferous vegetable, requires fewer resources and produces lower greenhouse gas emissions compared to many other crops. As environmental concerns continue to grow, consumers are gravitating towards food options that have a reduced environmental impact. Broccoli extract serves as an eco-conscious ingredient, offering food manufacturers an opportunity to meet the demand for sustainable products.
In addition to its health and sustainability benefits, broccoli extract is gaining traction in various food and beverage applications due to its versatility. The extract can be incorporated into a wide range of products, including beverages, snacks, condiments, and supplements, without compromising taste or texture. Its ability to enhance the nutritional profile of food products while maintaining flavor integrity makes it an appealing ingredient for both consumers and manufacturers.
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As the broccoli extract market continues to flourish, industry players are investing in research and development to explore new extraction techniques and formulations. This focus on innovation aims to further unlock the potential of broccoli extract and broaden its applications in the food and beverage sector. Additionally, collaborations between research institutions, manufacturers, and food companies are fostering advancements in the development of new and improved broccoli extract-based products.
Companies Covered in This Report -
• Love Life Supplements Ltd.
• Nutra Canada
• Jarrow Formulas GmbH
• Wincobel
• Xian Yuensun Biological Technology Co.,Ltd.
• Source Naturals
• Kirkman Group Inc.
• Seagate Products
• Interherb Ltd
• Ayurish.com
• Xi'an Victar Bio-Tech CorpResearch Methodology
• JiaHerb Inc.
• NutraGreenLife Biotechnology Co. Ltd.
• Foodchem International Corp.
• Martin Bauer Group
• Others
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Segmentation of the global broccoli extract market
By Form Type
• liquid
• Capsules
• Powder
By Nature
• Organic
• Conventional
By Product Type
• Seed Extract
• Sprout Extract
By End Use
• Cosmetics
• Functional Food
• Dietary Supplements
By Distribution Channel
• Direct
• Indirect
o Store Based Retailing
Hypermarkets/ Supermarkets
Specialty Stores
Drug Stores
o Online Retailing
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Broccoli extracts can be defined as a purified form of glucosinolates that are used as raw materials in the production of nutraceuticals. The global broccoli extract market is expected to register significant growth especially in the Asia Pacific region, according to a research report by Persistence Market Research.
According to the report titled 'Broccoli Extract Market: Global Industry Analysis 2012-2016 & Forecast 2017-2027,' the global broccoli extract market was valued…
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