Jujube is rich in fat, protein, carbohydrates, calcium, vitamin C and it contains anti-cancer ingredients that allow cancer cells to reverse and become normal. Jujube has 20 times more vitamin C compared to citrus fruits. Jujube extracts help in preserving enzymes, hair, skin, bones, muscles, hormones, and neurotransmitters in the body. In addition, if taken regularly, it protects against gallstones, reduces tension and anxiety, and accelerates recovery three times faster than just taking vitamin supplements.
Future Market Insights research indicates that a compound annual growth rate (CAGR) of 3.8% is anticipated for the Jujube Extract market over the estimated timeframe. According to projections, the market value will rise from US$ 6,173.0 million in 2022 to US$ 8,963.4 million in 2032. By the end of 2021, the market for jujube extract was estimated to be worth US$ 5845.67 million. From 2016 to 2021, it is projected to increase at a compound annual growth rate of 3.4%.
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Jujube extracts can alleviate the symptoms of viral infections, boost immune system activity, and lessen sore throat muscles when combined with herbs like licorice, ginger, and peppermint. Jujube extracts are utilised as wholesome components in conventional diets, functional foods, and dietary supplements. Three ingredients are employed in the extraction of jujubes: ethanol, water, and organic astragalus root. Jujube extracts can treat anaemia, regulate blood pressure, correct liver illness, and stop the growth of tumour cells that might cause leukaemia. Jujube extracts are also utilised in skin care products, where they can soothe dry skin, heal sunburns, and reduce wrinkles.
Jujube Extracts Market:Drivers and Restraints
Jujube Extracts market are witnessing maximum growth owing to demand for flavor food products, rising focus towards multi-functional ingredients in processed foods, advanced technology, expanding production capacity and expansion of food & beverages industry. Moreover, jujube extracts enhance the product’s stability and food texturemarket. However, substitute to jujube extracts ingredients in foods, change in climate pattern, and stringent government regulation may hamper the growth of jujube extracts market in near future.
Jujube Extracts Market:Overview
In the U.S, Jujube trees are the rarest tree among all fruits trees. On the other hand, in China, jujube fruits are the most commonly known fruit. Based on applications, food and beverages are the fastest growing segment in jujube extracts market over the forecast period owing to high demand for functional foods and flavor food products. In China, jujube fruit is marketed as dried dates and can be available in any food store. Jujube fruits are strongly recommended for the treatment for rheumatic symptoms.
Jujube Extracts Market: Region-wise Outlook
Depending on the geographic region, jujube extracts market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. Asia Pacific dominates the jujube extracts marketfollowed by Europe, Japan and North America owing to high preference for processed foods and juices, frequently launch of innovative food products, high awareness about jujube fruit benefits among people, and presence of key players in these regions. Asia Pacific, Middle East and Africa hold huge potential and shows substantial growth in terms of high presence of jujube fruit plants in developing regions such as China, rising consumption of functional foods, increasing demand for dietary supplements, rapidly growing consumer awareness along with growing consumer spending power and preference for on natural food products.
Jujube Extracts Market:Key Players
Key players of jujube extracts market are Chem-Bridge Co, Ltd., Nutragreenlife Biotechnology Co.,Ltd, Shaanxi Sciphar Natural Products Co., Ltd., Damin Foodstuff (Zhangzhou)Co.,Ltd., Alps Pharmaceutical lnd. co., Ltd., DaeHeung Agricultural Co., Ltd., XBrain ltd., Risun Bio-Tech Inc., Naturalin Bio-Resources Co., Ltd., Alps Pharmaceutical lnd. Co., Ltd. and Edwards And Co.
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The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina)
- Western Europe (Germany, Italy, U.K, Spain, France, Nordic, Rest of Western Europe)
- Eastern Europe (Russia, Poland)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, N. Africa)
Jujube Extracts Market: Segmentation
The jujube extracts market has been classified on the basis of product type and application.
Based on product type, the juojube extracts market is segmented into the following:
- Seed
- Powder
- Liquid
Based on application, the jujube extracts market is segmented into the following:
- Food and Beverages
- Pharmaceuticals
- Consumer Goods
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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