Broccoli Extract Market

Broccoli Extract Market valuation in excess of US$ 2,800 Mn by the end of 202
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 at over US$ 1,900 Mn in 2017 and is expected to reach a market valuation in excess of US$
2,800 Mn by the end of 2027. This reflects a CAGR of 3.7% during the forecast period of 20172027.
Global Broccoli Extract Market: Dynamics Impacting Revenue Growth : Several factors underpin
the current trends witnessed in the global broccoli extract market. Increasing consumption among
the global population owing to an awareness about the health benefits of broccoli is the main factor
boosting revenue growth of the global broccoli extract market. People are also changing their food
preferences and lifestyles and moving towards healthy eating habits, due to which manufacturers
are also more inclined towards the use of broccoli in their products.
Broccoli Extract Market Research Report Overview @
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However, the growth of the market is projected to witness certain hindrances owing to a lack of
awareness of the health benefits of broccoli in some regions and a poorly integrated supply chain of
the products. Intensified competition among manufacturers across the globe owing to an increase in
the number of companies in various countries has lowered the profit margins in some regions.
Highlights from the Segment-wise Analysis of the Global Broccoli Extract Market : On the basis of
form type, the broccoli extract market is dominated by the powder segment with an estimated
market valuation of over US$ 1,400 Mn by the end of 2027. However, the capsules segment is still
slightly ahead of the powder segment with the highest growth rate anticipated during the study
period, On the basis of nature of the product, the market is segmented into organic and conventional
segments, among which the conventional segment leads the market with the highest market share.
However, the organic segment is ahead in terms of growth rate during the forecast period
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On the basis of product type, the sprout extract segment is expected to expand at a higher growth
rate of 4% during the forecast period 2017-2027 ,On the basis of end-use, functional food has the
highest growth rate with a CAGR of 3.9% during the forecast period. The dietary supplements
segment is the second-most attractive segment in the global market On the basis of distribution
channel, the indirect segment is expected to be a lucrative segment in the global broccoli extract
market with the highest growth rate registered during the period of forecast
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Asia Pacific Leads the Global Market with the Highest Growth Rate : The research report indicates
that Asia Pacific registers the highest growth rate in the global broccoli extract market. However,
North America is projected to hold the maximum market share by the end of 2027 at over US$
6,900 Mn. Europe is witnessed as being an attractive region in the global market for broccoli
extract.
Some of the company profiles mentioned in this comprehensive research report are of key players
such as 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 etc.
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