Magnolia Bark Extract Market: Global Industry Analysis and Forecast (2020-2026)

Global Magnolia Bark Extract Market size is expected to reach nearly US$ 22.14 Bn by 2026 with the CAGR of 3.8% during the forecast period.
Global Magnolia Bark Extract Market Overview:
Magnolia is a flowering perennial plant species that are found naturally in the Eastern and Southeastern regions of the Asia-Pacific. Magnolia Bark consists of different culinary and medicinal properties that are used in the form of Magnolia Bark Extracts. The bark of the Magnolia plant is heated with alcohol above the boiling point and the residue obtained is filtered and used on a large scale as Magnolia Bark Extract. Magnolia Bark Extract holds culinary properties that are used to enrich the taste and quality of the food products they are added with.

Magnolia Bark Extract holds medicinal properties that are used to manufacture medicines for obesity, digestion, immunity, and mental health-related issues. Magnolia Bark Extracts holds properties that are used by the Cosmetics industry in manufacturing anti-aging cosmetics and personal care products. The rising preference for the use of natural products in medicines and cosmetics has resulted in a growth in the Magnolia Bark Extract Market. Increasing population, ease in availability, and wide-scale use in the Pharmaceutical Industry has resulted in a boom in the Global Magnolia Bark Extract Market.
Global Magnolia Bark Extract Market Dynamics:
A report by Dr. Michael Breus published in the Sleep Doctor Journal states that Magnolia Bark Extracts helps in improving GABA boosters that exert a calming effect and promote sleep schedules by reducing anxiety. This has resulted in increased use of Magnolia Bark Extract by the healthcare sector.

A report by Nature Magazine published in 2016 states that nearly 52% of the global adult population suffers from sleep-related issues and this number is concentrated more in the urban regions. A report by WHO published in 2015 states that more than 15% of the global population suffers from mental health-related issues like anxiety and stress and this number is growing at an alarming rate every year. The presence of GABA boosting properties in the Magnolia Bark Extract provides an organic and safe option to treat sleep and mental health-related issues.

On July 6, 2016, Dipali Sharma, an associate professor of oncology at John Hopkins has started research on finding the use of Magnolia Bark Extracts to reduce the growth of breast cancer connected with obesity. With more than 2/3rd of the adult population in the US suffering from increased weight issues, this research will open doors for new medications on cancer and obesity.

The natural presence of Resveratrol in Magnolia Bark Extracts has resulted in a wide-scale use of it to prevent blood clotting, reduce cholesterol, and prevent Alzheimer’s disease. Magnolia Bark Extract helps in the metabolism of the body by improving the cortisol level. Magnolia Bark Extract helps in reducing fat and holds a wide-scale use in weight management treatment. Such a wide-scale application in the Healthcare sector has increased the consumption of Magnolia Bark Extract.

The presence of Anti-allergic and Anti-aging properties in Magnolia Bark Extract is used to manufacture cream, lotion, and skincare products. The presence of anti-oxidant properties has resulted in large-scale use of Magnolia Bark Extract by the Cosmetics and Personal Care Products industries.

The rising preference for herbal and organic products is the major driving factor for the growth of the Global Magnolia Bark Extract Market.
Restraints:
Excessive consumption of Magnolia Bark Extract causes kidney damage. This is the major restraining factor here.
Excessive sleepiness and drowsiness caused after the consumption of Magnolia Bark Extract is limiting the growth of the Global Magnolia Bark Extract Market.
Global Magnolia Bark Extract Market Segment Analysis:
The Global Magnolia Bark Extract Market is segmented on the basis of

By Product Type, It is observed that more than 75% of the Magnolia Bark Extract used by the Healthcare Sector is in powdered form. The demand for Magnolia Bark Extract in crystal form by the Cosmetics Industry has increased by 2.6%. More than 40% of products made by using Magnolia Bark Extract are in tablet form.

By Application, It is observed that more than 48% of the Magnolia Bark Extract manufactured is consumed by the traditional medicine and pharmaceuticals manufacturing industries. An increase in demand for organic and natural skin and hair-care products has resulted in a 3.3% increase in demand for Magnolia Bark Extract by the Cosmetics Industry. The preference for plant-based food additives has resulted in a 1.2% increase in demand for Magnolia Bark Extract by the Food and Beverages Industry.



To know about the Research Methodology :- Request Free Sample Report

It is observed that increased demand for herbal medicine has resulted in a 4.6% increase in demand for Magnolia Bark Extract by the Pharmaceuticals Industry. Increased use of Magnolia Bark Extract for manufacturing medicine to prevent blood clotting and Alzheimer’s treatment has resulted in a 5.1% increase in the consumption of it by the healthcare sector. The rising preference for organic and plant-based supplementary food products has resulted in a 2.6% increase in the demand for Magnolia Bark Extract by the Nutraceuticals Industry.

The rising preference for organic cosmetics and personal care products has resulted in a 2.4% increase in sales of products made by using Magnolia Bark Extract. The rising preference for Magnolia Bark Extract as an additive in food products has resulted in a 1.1% increase in its use by the foodservice industry. Different products use Magnolia Bark Extract as per need.
Global Magnolia Bark Extract Market Regional Insights
An increase in the number of people getting affected by diseases has resulted in a 3.7% increase in the consumption of Magnolia Bark Extract. The rising preference for traditional medicine has resulted in a 3.1% increase in the sales of products made by using Magnolia Bark Extract in this region. The preference for supplementary food products has resulted in a 2.6% increase in the consumption of Magnolia Bark Extract by the Nutraceutical Industry present in this region.

Europe is the biggest consumer of Magnolia Bark Extract in food products. Increased consumption of food products has resulted in a 1.1% increase in the consumption of Magnolia Bark Extract by the foodservice industry present in this region. An increase in the preference for plant-based cosmetics and personal care products has resulted in a 2.3% increase in the consumption of Magnolia Bark Extract by the Cosmetics industry present in this region.

Increased preference for herbal medicines and products has resulted in a 1.8% growth in the consumption of Magnolia Bark Extract in the Asia-Pacific. South American Market is showing a growth rate of 2%, the reason for which is the preference for domestic herbal products. The Middle East and Africa’s Market is showing a growth rate in the range of 0.8-1.2%, the reason for which is the preference for alternative products.

The objective of the report is to present a comprehensive analysis of the global Magnolia Bark Extract market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the global Magnolia Bark Extract market dynamics, structure by analyzing the market segments and Project the global Magnolia Bark Extract market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Magnolia Bark Extract market make the report investor’s guide.
Global Magnolia Bark Extract Market Scope: Inquire before buying



Global Magnolia Bark Extract Market


Report Coverage
Details


Base Year:
2019
Forecast Period:
2020-2026


Historical Data:
2016 to 2019
Market Size in 2019:
US $ 5 Bn.


Forecast Period 2020 to 2026 CAGR:
3.8%
Market Size in 2026:
US $ 10 Bn.


 Segments Covered:
by Product
• Crystal
• Powder
• Tablet


by Form
• Solid
• Powder


by Application
• Food & Beverages
• Pharmaceuticals
• Cosmetics
• Personal Care Products
• Nutraceuticals
• Others


by Distribution Channel
• Online
• Offline



 
Global Magnolia Bark Extract Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Global Magnolia Bark Extract Market Key Players
• NOW Foods
• Swanson Health Products
• Samsara Herbs
• Genesis Today
• Planetary Herbals
• Solaray, Inc.
• Active Herb
• LiftMode
• Life Extension
• The Pure Health
• Hawaii Pharm LLC
• Piping Rock Health Products
• Source Naturals
• Hunan Nutramax Inc.
• ALEMUR Group