Garcinia Cambogia Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI3684
Garcinia cambogia market should see a substantial growth during the forecast period. Growing trends in pharmaceutical industry and dietary supplements owing to increasing number of diseases may drive the overall market. The product is widely utilized in food and dietary supplements for weight loss and intestinal problems which may foster the product demand.
Garcinia cambogia is a small tropical fruit mainly cultivated in Southeast Asia, Indian coastal regions and central and west Africa. It is obtained in different colors red, yellow and green based on different species. Garcinia cambogia extract is a rich source of thiamin, niacin, folic acid, magnesium, vitamin B, potassium, manganese and hydroxycitric acid (HCA).
Rising trends of obesity problems owing to reducing physical activities and increasing consumption of junk food are the key factors which may drive the product demand. Globally more than 600 million adults and over 108 million children are suffering from obesity. Hydroxycitric acid (HCA) present in garcinia cambogia which acts as an appetite suppressor, thereby reducing the urge or craving to consume more calories thus helps in reducing fat and weight loss thereby fostering the product market size.
Garcinia cambogia is widely used in pharmaceutical applications, it helps to cure diseases like diabetes and gastrointestinal disorders owing to its superior properties including acid and gastric juice regulator, antioxidant and improves glucose metabolism. In 2017, over 425 million adults were suffering from diabetes. Rising number of diabetes patients owing to wrong eating habits and lack of physical activities may drive the product market. The product also aid in increasing the red blood cells counts and reduces the rate of oxidant induced hemolysis owing to its excellent anti-oxidant properties thereby driving the product demand.
Garcinia cambogia is also used as a condiment in southeast Asia cuisine. Traditionally, it is utilized as culinary spices and for medical uses. The leaves and fruit are sour, thermogenic, astringent, digestive and constipating owing to which its herbal preparation are used in inflammatory ailment, bowel and rheumatic pains. Garcinia cambogia rinds are also used to preserve fish.
Garcinia cambogia extract include different forms such as liquid, powder and tablets and capsule form. Powdered and liquid form are used widely owing to their immediate effect as liquid and powder which are easy to digest. Tablets and capsules of the product are also used widely owing to ease to consume in prescribed quantity hence reduces the risk of over dosage thereby driving the market size.
North America driven by Canada and the U.S. garcinia cambogia market demand may account for a substantial growth during the forecast timeframe. Increasing population of overweight and obese people owing to rising consumption of fast foods may foster the product market size. In 2018, over 80 million adults were suffering from obesity in the U.S. Garcinia cambogia extract is used as an anti-obesity substance owing to its superior properties to regulate cholesterol level and fat in blood.
Europe market driven by UK, Russia, Spin, France and Germany garcinia cambogia market size should see a moderate growth by the year 2025. In 2017, over 7.5 million diabetes case in adults were registered in Germany. Increasing prevalence for diabetes in all age groups in European region owing to growing trends for obesity and overweight, unhealthy dietary habits and physical inactivity may drive the regional market size of garcinia cambogia. The product helps in regulating blood sugar it reduces the insulin level of your body thus making it easier for your body to utilize blood sugar thereby increasing the regional market demand.
Asia pacific led by China, Japan, Australlia and India garcinia cambogia market demand is likely to see a substantial growth in foreseeable timeframe. Rising trends towards high calorie foods, overeating, diabetes and unhealthy lifestyle are the key factors driving the product demand. Indian fast food market size is expected to grow at over USD 27 billion by the year 2020 which may act the key factor responsible for rising number of obese and overweight people. The product is utilized in weight reducing dietary supplements, hydroxycitric acid present in the product helps to convert extra calories into glycogen by boosting metabolism rate, thereby driving the regional product demand.
Garcinia cambogia market is highly fragment due to the presence of several key manufacturers. Companies like Nature Wise, NOW Foods, BioGanix, Top Secret Nutrition, Natrol, Healthawin, Himalaya, Nutririse and PureNutria are the key market players.
Garcinia Cambogia Market, By form, 2014-2025 (Kilo Tons) (USD Million)
- Capsules and tablets
Garcinia Cambogia Market, By Application, 2014-2025 (Kilo Tons) (USD Million)
- Dietary supplements
The above information is provided for the following regions and countries:
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- South Africa
- Saudi Arabia
- Nature Wise
- NOW Foods
- Top Secret Nutrition
- Natrol, Healthawin
What Information does this report contain?
Customize this Report
Our Market Research Reports Include:
- Market snapshot
- Market Segmentation
- Value Chain Analysis
- Growth Dynamics
- Potential Market Opportunities
- Regulatory Overview
- Technology Evolution
- Innovation & Sustainability
Take a free trial of GMIPuse, our report store; designed to provide clients a range of market research services, all on a single platform.Start Your Free Trial
Benefits of Association
Data Coverage & Quality
GMI reports provide the most comprehensive coverage of any focus industry, ensuring a holistic and deep understanding of the market, along with actionable and granular data. We also take pride in our commitment to quality and strive to ensure that our clients get their moneys worth.
Client Trust & Security
GMI maintains strict code of conduct as a business and is committed to ensure that the privacy and trust of our clients are always maintained. As an organization, we also strive to be fully compliant with privacy laws, PCI and information security guidelines.
Our customers rely on us to produce accurate, reliable and timely information. Service orientation is a key mission for us as an organization; our process is guided by the desire to ensure that our clients are provided the best possible solutions in optimal timeframe. GMI stands by its commitment to service, providing timely assistance in both pre-sales and post-sales support for our clients.