African mango is the name of a tree in Africa which bears fruit similar to mango, the flesh of this fruit is eaten globally. After eating the flesh of the fruit, the seed of the fruit is dried and stored as it has vitamins and mineral. African mango seed when grounded releases an oily extract that is similar to cooking oil, which is used in the synthesis of soaps, as flour and food thickening agent. African mango seed extract is available in the market in the form of capsules, liquid and powder.
African mango seed extract has the prominent role for manufacturing of many related to weight loss and diabetes control such as pharmaceutical products, food and beverage products. African mango seed extracts also have analgesic, antimicrobial and antioxidant activity.
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African mango seed extract market segmentation
African mango seed extract market is segmented on the basis form, nature of product, and application.
African mango seed extract market is segmented on the basis of form which includes powder, and liquid. African mango seed extract is produced in the form of the finely ground powder which can be used to prepare pharmaceutical products, cosmetic product, food and beverage products. African mango seed extract in the form of liquid is used to prepare syrups and beverages which are consumed to get rid of excess fat, pain and sugar control.
African mango seed extract market is segmented on the basis of nature of the product which includes natural and organic. There is a rise in demand for the organic food due to the health concerns related to the use of pesticides in the traditionally grown African mango. Consumers these days may prefer using organic African mango seed extract as it is comparatively safe for consumption.
African mango seed extract is segmented on the basis of the application which includes application in pharmaceutical industry, cosmetics industry, and food and beverage industry. In cosmetic industry African mango seed extract is used in the preparation of soap, toothpaste, and skin cream. In food and beverage industry African mango seed extract is used in the preparation of the thickening agent for food, flour, and beverages such juice and syrup. In pharmaceutical industry African mango seed extract is used for the preparation of syrups and oils which can be used as the antifungal, antibacterial, analgesic, and antioxidant.
African mango seed extract market: Regional Outlook
In the perspective of regional outlook, African mango seed extract is majorly produced in the African region. People in Africa have been using mango seed extract from ages as the powder to treat non-insulin dependent diabetes. In North America and Europe, African mango seed extract market is expected to grow as this extract is helpful in controlling diabetes. Asia-pacific region may become a larger market for this extract as there is a rapid increase in number of patients suffering from obesity and diabetes.
African mango seed extract market: Drivers
African mango seed extract are majorly used for its medicinal properties such as diabetes control and weight loss. Increasingly use of African mango seed extract in cosmetic industry, pharmaceutical industry, food and beverage industry is expected to fuel market growth over the forecast period.
African mango seed extract market: Restraints
The restraint for the African mango seed extract market is the lack of proper distribution network in the developing countries which includes India, China and Africa as compared to the developed countries which may restrain market growth during the forecast period. To some extent lack of awareness among the end users is also expected to restraint the growth for the African mango seed extract market in the near future.
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African mango seed extract market: Key Players
The key players of African mango seed extract market are Nature’s Way Products LLC, Perfect Supplements LLC, General Nutrition Centers, Shaanxi Yongyuan Bio-Tech Co Ltd, PharmaCare NZ and Novel Nutrients Pvt Ltd.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights : Detailed overview of parent market. Changing market dynamics in the industry. In-depth market segmentation. Historical, current and projected market size in terms of volume and value. Recent industry trends and developments. Competitive landscape.
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