According to Future Market Insights research, during the projected forecast period, the Garcinia Cambogia Extract market is expected to grow at a CAGR of 3.8%. The market value projected to increase is from USD 114.5 Million in 2022 to USD 166.3 Million by 2032. The Garcinia Cambogia Extract market was valued at USD 110.2 Million at the end of 2021 and is projected to exhibit Y-o-Y growth of 3.9% in 2022.
| Attributes | Details |
|---|---|
| Market Size Value in 2022 | USD 114.5 Million |
| Market Forecast Value in 2032 | USD 166.3 Million |
| Global Growth Rate (2022 to 2032) | 3.8% CAGR |
| Forecast Period | 2022 to 2032 |
| USA market share of Garcinia Cambogia Extract | 34.0% |
The tropical plant known as garcinia Cambogia is indigenous to South-East Asia and India. It resembles a hybrid of a tomato and a pumpkin. In animal studies, a substance called hydroxy citric acid (HCA), which is contained in the fruit's peel, has been shown to support weight loss.
Under a variety of names, including garcinia cambogia extract, garcinia, garcinia gummi-gutta, garcinia diet supplement, garcinia complex, cambogia garcinia, or brindle berry, the extract of HCA is offered in powdered or tablet form.
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In the Historical outlook of the Garcinia Cambogia Extract market, the value increased from USD 94.6 Million in 2017 to USD 110.2 Million in 2021. The CAGR (2017 to 2021) is observed to be 3.9%.
The expansion of the worldwide garcinia cambogia extract market is predicted to be fueled by the increase in demand for weight-loss supplements. In addition to being utilized as a weight-loss aid, garcinia cambogia extract also possesses several unique qualities, including the ability to lower cholesterol levels, lower the risk of heart disease, lower the risk of ulcers, and improve lipid profiles.
Additionally, it supports better cardiovascular health and better metabolism. The diverse qualities of garcinia cambogia extract have undoubtedly drawn pharmaceutical companies, which will significantly increase the market's growth. The market is also being stimulated by customers' growing knowledge of the health advantages of garcinia cambogia extract.
For the Future projection of the Garcinia Cambogia Extract market, the value increased from USD 114.5 Million in 2022 to USD 166.3 Million in 2032. The CAGR (2022 to 2032) is estimated to be 3.8%.
The Garcinia Cambogia Extract market is growing rapidly in North America. This is due to the increasing popularity of weight loss supplements and the growing awareness of the health benefits of Garcinia Cambogia.
The USA contributes 34.0% of the total revenue for the Garcinia Cambogia Extract Market.
Garcinia Cambogia extract supplements are becoming increasingly popular as people look for natural ways to improve their health and lose weight. The European market for Garcinia Cambogia extract is expected to grow significantly over the next few years as more people become aware of its potential health benefits.
Germany contributes 25.5% to the Garcinia Cambogia Extract market and United Kingdom CAGR for the forecast period is 3.9%.
The Garcinia Cambogia extract market is expected to grow significantly in the Asia Pacific region over the next five years. This growth can be attributed to the rising obesity rates in Asian countries such as China and India, as well as the growing awareness of the health benefits of Garcinia Cambogia extract.
With its proven efficacy and safety, Garcinia Cambogia extract is poised to become one of the leading weight loss supplements in the Asia Pacific region.
Japan's contribution to the Garcinia Cambogia Extract market is 5.6% of the total market share, India and China are market drivers in Asia Pacific and their latest CAGR in the Garcinia Cambogia Extract market are 5.0% and 4.3% respectively.
Garcinia Cambogia extract supplements are becoming increasingly popular, particularly in Latin America. This is likely due to the fact that Garcinia Cambogia has been shown to be effective for weight loss. In one study, participants who took Garcinia Cambogia extract lost an average of 5.4kg over 12 weeks, without making any other changes to their diet or lifestyle.
From the Oceania region, Australia is contributing 2.8% of the total revenue of the Garcinia Cambogia Extract market.
The Garcinia Cambogia Extract market in Australia is expected to grow significantly in the next few years. This is due to the growing awareness of the health benefits of HCA and the rising obesity rates in Australia.
Principal Consultant
Small, sweet Garcinia Cambogia fruit, often called Malabar tamarind, is a tropical tree fruit. Garcinia cambogia is also known as the Assam fruit, Panampulli, Manda Huli, Vadakkan Puli, Mangosteen, and Goraka Pulli. Depending on the spices used, garcinia cambogia can be found in yellow, green, or red hues.
Vitamins B and C, folic acid, thiamin, niacin, magnesium, potassium, manganese, and hydroxy citric acid are all abundant in garcinia cambogia extract (HCA). Garcinia Cambogia Extract contains hydroxy citric acid, an appetite suppressant that lessens cravings and the desire to eat calories. Additionally, hydroxy citric acid promotes serotonin production, lowers belly fat, speeds up metabolism, reduces stress hormones, and improves mood and sleep.
Your general health is enhanced by garcinia cambogia extract, which also stops calories from being turned into fat. The development of an enzyme that lowers the body's metabolic rate is inhibited by hydroxy citric acid. As a result, the body turns the additional calories into glycogen. Additionally, garcinia cambogia extract promotes muscular growth in the body.
Garcinia cambogia extract is a popular weight loss supplement that has been on the market for over a decade. The competitive landscape for garcinia cambogia extract is crowded with many brands vying for market share. However, there are a few key players that have emerged as leaders in the space.
One of the leading brands of garcinia cambogia extract is Garcinia Cambogia Extra. The company has been in business since 2006 and has an impressive track record of safety and efficacy. Clinical studies have shown that their product is effective for weight loss, and they offer a money-back guarantee if customers are not satisfied.
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| Attribute | Details |
|---|---|
| Forecast Period | 2022 to 2032 |
| Historical Data Available for | 2017 to 2022 |
| Market Analysis | USD Million for Value and Units for Volume |
| Key Regions Covered |
North America; Latin America; Europe; Asia Pacific; Middle East and Africa; RoW |
| Key Countries Covered |
USA, Canada, Germany, United Kingdom, France, Russia, Brazil, Argentina, Japan, Australia, China, India |
| Key Segments Covered |
Form, Sales Channel, Region |
| Key Companies Profiled |
Garcinia Cambogia Extra, Power up health, Nature wise, BioGanix, Naturabest, Top Secret Nutrition, NOW Foods, Global Health Ideas, Natrol, St.Botanica |
| Report Coverage | Drivers, Restraints, Opportunities and Threats Analysis, Market Forecast, Company Share Analysis, Market Dynamics and Challenges, Competitive Landscape, and Strategic Growth Initiatives |
| Customization Pricing | Available upon Request |
The global Garcinia Cambogia Extract market will reach a valuation of USD 114.5 Million by the end of 2022.
The USA Garcinia Cambogia Extract Market is contributing 34.0% of the total market share which is valued at around USD 38.9 Million.
USA, Canada, Mexico, Argentina, Brazil, Germany, United Kingdom, France, Italy, Russia, China, Japan, India, and Australia are the major countries driving demand for Garcinia Cambogia Extract Market.
The German Garcinia Cambogia Extract Market is contributing 25.5% of the total market share which values at USD 29.4 Million.
• Garcinia Cambogia Extra • Power up health • Nature wise • BioGanix • Naturabest Above are the top 5 market players in the Garcinia Cambogia Extract industry.
The Japan Garcinia Cambogia Extract market contribution is 5.6% of the total market share.
The India Garcinia Cambogia Extract market will grow at 5.0% CAGR between 2022 and 2032
The global Garcinia Cambogia Extract market is forecasted to surpass USD 166.3 Million by the end of 2032.
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Analysis and Forecast 6.1. Form 6.2. Sales Channel 7. Global Analysis and Forecast, By Form 7.1. Capsule 7.2. Liquid 7.3. Powder 8. Global Analysis and Forecast, By Sales Channel 8.1. Supermarkets/Hypermarkets 8.2. Convenience Stores 8.3. Medical Stores 8.4. Online Stores 9. Global Analysis and Forecast, By Region 9.1. North America 9.2. Latin America 9.3. Europe 9.4. Asia Pacific 9.5. Middle East and Africa 9.6. RoW 10. North America Sales Analysis and Forecast, by Key Segments and Countries 11. Latin America Sales Analysis and Forecast, by Key Segments and Countries 12. Europe Sales Analysis and Forecast, by Key Segments and Countries 13. Asia Pacific Sales Analysis and Forecast, by Key Segments and Countries 14. Middle East and Africa Sales Analysis and Forecast, by Key Segments and Countries 15. RoW Sales Analysis and Forecast, by Key Segments and Countries 16. Sales Forecast by Form and Sales Channel for 30 Countries 17. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 18. Company Profile 18.1. Garcinia Cambogia Extra 18.2. Power up health 18.3. Nature wise 18.4. BioGanix 18.5. Naturabest 18.6. Top Secret Nutrition 18.7. NOW Foods 18.8. Global Health Ideas 18.9. Natrol 18.10. St.Botanica
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Garcinia Cambogia Extract Market
