The global White Mulberry Leaves Extract Market is forecasted to be appraised at USD 141.59 billion by 2032, up from USD 41.71 billion in 2022, advancing at a CAGR of 13% during the forecast period.
White mulberry trees are a part of the Moraceae family of plants, which grow naturally in temperate regions and are increasingly being cultivated owing to the assortment of benefits they provide.
The extracts obtained from white mulberry leaves have therapeutic benefits. The sales of mulberry leaf extracts are rising as the population is getting inclined toward consumption of this product, helping consumers control their health issues and maintain a balanced lifestyle.
White mulberry leaf extract has numerous medicinal properties, and white mulberry trees are vital for silkworm rearing, with leaves serving as food for worms.
The market growth of white mulberry leaf extract is aided by the significant amount of health benefits, which is helping humans to lower blood sugar levels, and insulin, lose weight, improve heart health, and more. The market share for the white mulberry leaves extracts market is therefore likely to increase during the forecast period.
Report Attribute | Details |
---|---|
White Mulberry Leaves Extract Market Value (2022) | USD 41.71 Billion |
White Mulberry Leaves Extract Market Anticipated Value (2032) | USD 141.59 billion |
White Mulberry Leaves Extract Projected Growth Rate (2022 to 2032) | 13% |
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White mulberry leaf extracts have medicinal and therapeutic properties. The leaves of white mulberry are rich in biologically active compounds and have been an integral part of Chinese medicines for ages.
Growth in health consciousness with the burgeoning demand for naturally-sourced nutraceuticals is a prime factor driving the white mulberry leaves extract market to propel. White mulberry leaf extract has dietary fibers, which is helping in lowering blood insulin levels, and blood pressure, decreasing heart attack risks, along with improving gut health and blood circulation amongst the populace.
White mulberry leaf extracts are being used in the cosmetic industry for the high demand for anti-aging and skin-lightening products. The extracts also have anti-inflammatory properties, and the antioxidants inhibit cellular damage created during food digestion and radiation exposure.
Huge investments made in white mulberry plantations around the world are bolstering the production of white mulberry leaf extracts. They are being used in an assortment of industries like pharmaceuticals, food, cosmetics, sericulture, and personal care.
Intensified research and development for the extraction of mulberry leaves extract is being practiced, which is making a significant contribution to the market proliferation for this product.
White mulberry leaf extracts are rich in proteins, which could potentially be used as a pesticide. According to a recent study, the protein extract of white mulberry leaf extract can be used for the commercial production of natural pesticides to protect plants.
The government in many places has extended support for developmental activities. This is likely to fuel the production of white mulberry leaf extract, and this factor will significantly contribute to the growth of the white mulberry leaf extract market.
At present, Asia-Pacific, North American, and European regions are holding the maximum market shares for white mulberry leaf extracts. The highest production is found in China, India, Japan, and Korean markets.
Increased demand for white mulberry extracts is found in these regions due to its vast cosmetic industries, owing to the whitening effect provided by the extracts. In the European market, mulberries are treated as a superfood and the demand is derived from the regional dietary supplements sector.
The demand in these regions is also driven by an increase in disposable income, and the population is willing to spend on products that are rich in multivitamins, iron, and calcium, and boost the immune system and overall metabolism of the body to prevent severe diseases.
However, the usage of white mulberry leaves bears certain restrictions in herbal medicinal products in European regions that might affect the regional market growth aspects. In North American regions, the demand for white mulberry leaf extracts is mostly driven by the healthcare and pharmaceutical industries.
Some of the notable developments in the white mulberry leaves extract market are
Some of the notable players in the white mulberry leaves extract market are Swanson Health Products, Nutra Business, Xi'an Greena Biotech Co. Ltd., Nu Vitality, Bio Nutrition, Inc, iherb, Inc., Astrida Naturals, Navitas Naturals, Immortalitea, Phytotech Extracts Pvt Ltd, Nans Products, Naturalin Bio-Resources Co. Ltd, Xian Yuensun Biological Technology Co. Ltd, and Nutra Green Biotechnology Co. Ltd.
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Report Attribute | Details |
---|---|
Growth Rate | CAGR of 13% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2014 to 2020 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | Product Type, Form, Application, Region |
Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East and Africa |
Key Countries Profiled | USA, Canada, Brazil, Argentina, Germany, United Kingdom, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASIAN, GCC Countries, South Africa |
Key Companies Profiled | Swanson Health Products; Nutra Business; Xi'an Greena Biotech Co. Ltd.; Nu Vitality; Bio Nutrition, Inc, iherb, Inc.; Astrida Naturals; Navitas Naturals; Immortalitea; Phytotech Extracts Pvt Ltd; Nans Products; Naturalin Bio-Resources Co. Ltd; Xian Yuensun Biological Technology Co. Ltd; Nutra Green Biotechnology Co. Ltd. |
Customization | Available Upon Request |
The global market for white mulberry leaf extract is projected to grow at a CAGR of 13% during the forecast period (2022 to 2032).
Rising industrialization, increasing health issues and awareness, and consumers’ willingness to spend on dietary supplements and personal care products are major industry drivers driving growth.
Asia-Pacific regions are currently leading the market share for white mulberry Leaves extracts.
Market Estimated Size in 2024 | USD 58.9 million |
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Projected Market Value in 2034 | USD 234.8 million |
Value-based CAGR (2024 to 2034) | 14.8% |
Market Valuation (2023) | USD 43 million |
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Market Valuation (2033) | USD 73.7 million |
Market CAGR (2023 to 2033) | 6% |
Expected Market value in 2023 | USD 7.6 Billion |
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Projected Market Value in 2033 | USD 11.8 Billion |
CAGR (2023 to 2033) | 4.5% |
Market Value in 2023 | USD 1,515.1 Million |
---|---|
Market Value in 2033 | USD 2,264.3 Million |
Growth Rate (2023 to 2033) | 4.1% |
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