Quillaia Extract Market Outlook:
Quillaia extracts also known as quillay extracts, bois de Panama, and soapbark extracts are attained by aqueous abstraction of the crushed inner covering of the wood of trimmed stems and branches of Quillaja saponaria molina. Native to China and several South American countries, mainly Bolivia, Chile, and Peru, quillaia extract is considered as a natural GRAS (generally recognized as safe) food-grade surfactant (surface active agent), emulsifier ingredient. They are enriched with saponins and sapogenins. Quillaia extract is used as an emulsifying agent, foaming agent, and flavoring agent. It is obtained naturally and is broadly used in the food and beverages industry. The factors expected to drive the growth of the quillaia extract market are growing food and beverages industry, presence of major market players and the favorable guidelines employed by the governments.
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Quillaia Extract Market: Dynamics
Quillaia extract is a natural foaming agent, enriched with saponins. It is a perfect substitute for synthetic, harsh surfactants such as sodium lauryl sulfate and others. The growing adoption of natural ingredients due to their health benefits over synthetic ones is a major factor expected to drive the demand for quillaia extract globally. The growth of the quillaia extract market is related to the growth of the food and beverage industry. Quillaia extract for decades is used as an ingredient to create the foaming in the beverages, such as root and low-alcohol beers, which is the other factor expected to boost the growth of the quillaia extract market. Besides, its typical use for foaming in beverages, quillaia extract is also used to wash vegetables, fruits, formulation of household/commercial liquid soaps without artificial saponification. Thus, due to all its health benefits and widespread applications, the quillaia extract market is expected to witness significant growth during the forecast period.
Global Quillaia Extract Market: Segmentation
By Function, the global quillaia extract market is segmented into:
- Flavoring Agent
- Emulsifying Agent
- Foaming Agent
By Form, the global quillaia extract market is segmented into:
By Product Type, the global quillaia extract market is segmented into:
- Quillaia Extract Type-1
- Quillaia Extract Type-2
By End-Use, the global quillaia extract market is segmented into:
- Food and Beverages
- Dairy Products
- Soft Drinks
- Skin Treatment
By Distribution Channel, the global quillaia extract market is segmented into:
- Retail Stores
- Online Stores
By region, the global quillaia extract market is segmented into:
- North America
- Latin America
- CIS & Russia
- The Middle East & Africa
Global Quillaia Extract Market: Key Participants
Examples of some of the key players identified in the global quillaia extract market include Natural Response, Garuda International Inc., Chile Botanics S.A, Stan Chem International, Ingredion Incorporated, Naturex S.A, Baja Yucca Company, Shaanxi Pioneer Biotech Co., Ltd., Hunan Huakang Biotech Inc., Alfa Chemicals, Shaanxi Undersun Biomedtech Co., Ltd., Adama Food Ingredients, PERA GmbH, CNLAB Nutrition (Asian Group), Jilin Province Hongjiu Biotech Co., Ltd., Changsha Vigorous-tech Co., Ltd., Shaanxi Herbchem Biotech Co., Ltd., Riotto Botanical Co., Ltd., Xian Plant Bio-Engineering Co., Ltd., and Xi’an Lyphar Biotech Co., Ltd., among others.
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Opportunities for the Participants
The quillaia extract has numerous applications in carbonated beverages, slush type syrups, frozen carbonated beverages, wine coolers, root beers and many other products that need extravagant foam. The primary industry that is stimulating the quillaia extract market is the food and beverage. The aspects that are contributing to the growth of quillaia extract market are the rise in the consumption of natural ingredients owing to their health benefits that are achieved, change in the consumer preferences regarding the food eating behaviors and rising obese population. In Asia Pacific, the market growth will be substantial due to factors such as increasing preference for the natural materials over the synthetic ones, and rapid growth in the food and beverage industry.
On the other hand, quillaia extract cannot be consumed directly as it contains Tannins, a chemical that absorbs substances in the stomach and intestines. The further side effects of quillaia extract consumption are liver damage, breathing problems, liver damage, and diarrhea. Though the intake is not quantified yet, it is used as per the government regulations. These factors are directly expected to influence the growth of the quillaia extract market.
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