Press release
Sea Buckthorn Market Size, Share, Growth, Trends, 2032
๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐThe global sea buckthorn market size was valued at USD 347.56 million in 2023 and is projected to grow from USD 381.40 million in 2024 to USD 837.26 million by 2032, exhibiting a CAGR of 10.33% during the forecast period.
Hippophae rhamnoides, or sea buckthorn, is densely found in Europe and Asia Pacific. The increasing need for sea buckthorn in the food, cosmetics, and pharmaceutical industries is fueling market development. An increase in government initiatives for berry cultivation is driving the market expansion.
Fortune Business Insightsโข shares this information in its report titled "Sea buckthorn Market, 2024-2032."
๐๐๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ : https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/sea-buckthorn-market-103197
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐จ๐๐ข๐ฅ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ:
โข SeabuckWonders (U.S.)
โข Wellsash (India)
โข S. Badger Company Inc. (U.S.)
โข Natures Aid Ltd. (U.K.)
โข Erbology (U.K.)
โข SIBU (U.S.)
โข WELEDA (Switzerland)
โข Leh Berry (India)
โข Natura Health Product (U.S.)
โข TEREZIA COMPANY s.r.o (Czech Republic)
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐ฎ๐ข๐๐ ๐ ๐จ๐ซ๐ฆ ๐๐ฎ๐ ๐ญ๐จ ๐ข๐ญ๐ฌ ๐๐๐ฏ๐๐ซ๐๐ฅ ๐๐๐๐ฅ๐ญ๐ก ๐๐๐ง๐๐๐ข๐ญ๐ฌ ๐ญ๐จ ๐ ๐จ๐ฌ๐ญ๐๐ซ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
By form, the market is categorized into juice, oil, powder, and others. The juice segment is anticipated to hold the largest market share. Increasing demand for sea buckthorn in the juice form due to its several health benefits is set to boost segment expansion. The juice has an abundance of vitamins, minerals, antioxidants, and other bioactive compounds. Growing emphasis on introducing advanced products by top producers to meet the rising demand for the juice form of the product is driving the segment expansion.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.fortunebusinessinsights.com/enquiry/multi-report-purchase/sea-buckthorn-market-103197
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐
The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ
๐๐ฎ๐ซ๐ ๐ข๐ง๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐๐ฆ๐๐ง๐ ๐จ๐ฐ๐ข๐ง๐ ๐ญ๐จ ๐ญ๐ก๐๐ข๐ซ ๐๐ก๐๐ซ๐๐ฉ๐๐ฎ๐ญ๐ข๐ ๐๐ง๐ ๐๐ข๐๐ญ๐๐ซ๐ฒ ๐๐๐ง๐๐๐ข๐ญ๐ฌ ๐ข๐ฌ ๐ ๐จ๐ฌ๐ญ๐๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ ๐ซ๐๐ฌ๐ฌ
Increasing preference for sea buckthorn due to its therapeutic and dietary benefits is driving the market expansion. Some of these benefits include immunity boosting, improving dry skin, nurturing heart health, maintaining blood sugar levels, and lowering the risk of cardiovascular diseases. Moreover, key market players are focusing on product advancements due to growing consciousness about this product. In January 2020, Vitae Health Innovation introduced a natural syrup for dry and productive cough.
However, the skin of berries can be easily damaged, which can lead to losses during processing. This factor is restraining market expansion.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐๐ฌ ๐๐ฐ๐ข๐ง๐ ๐ญ๐จ ๐๐ง๐๐ซ๐๐๐ฌ๐ ๐ข๐ง ๐๐จ๐ฏ๐๐ซ๐ง๐ฆ๐๐ง๐ญ ๐๐๐๐จ๐ซ๐ญ๐ฌ ๐ญ๐จ ๐๐จ๐จ๐ฌ๐ญ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐๐ฅ๐๐ฌ
Asia Pacific is projected to hold a considerable sea buckthorn market share. An increase in government efforts to boost the cultivation and sales of products is driving market growth in the region. The favorable climate to produce the berries and the rising need for traditional & Ayurvedic products are the key factors enhancing market growth in India.
Europe is predicted to rise at a favorable CAGR over the projected period. The rapid expansion of the beauty and personal care industry is driving product demand in the region. Growing usage of the fruit for supplement preparation is also boosting market expansion.
๐๐ฌ๐ค ๐ ๐จ๐ซ ๐๐ก๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง: https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/sea-buckthorn-market-103197
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
๐๐ฎ๐ญ๐ก๐๐ง๐ญ๐ข๐ ๐๐ซ๐๐ง๐๐ฌ ๐๐ซ๐จ๐ฎ๐ฉ (๐๐๐) ๐๐๐๐ ๐ ๐๐๐ซ๐ญ๐ง๐๐ซ๐ฌ๐ก๐ข๐ฉ ๐ฐ๐ข๐ญ๐ก ๐๐๐ง๐ญ๐ข๐ ๐๐๐ฅ๐ฅ๐ง๐๐ฌ๐ฌ ๐ญ๐จ ๐๐จ๐จ๐ฌ๐ญ ๐ข๐ญ๐ฌ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ
Top market participants are making partnerships to maintain their market positions. In January 2020, Authentic Brands Group (ABG) partnered with Sentia Wellness. Through this partnership, Sentia Wellness Company will manufacture and sell Sports Illustrated and Sports Illustrated Swim-branded topicals.
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ
๐๐จ๐ฏ๐๐ฆ๐๐๐ซ ๐๐๐๐: Ladakh's Sea Buckthorn fruit, based in India has recived its own unique Geographical Indication tag which will promote the fruit prodyced from this region.
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Fortune Business Insightsโข offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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