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Mulberry Leaf Extract Market size is poised for moderate growth between 2024 and 2032, with strong utilization in the pharmaceuticals and dietary supplement sectors. Rising health consciousness, increased willingness among global consumers to invest in nutritious consumption, and growing global health issues such as high blood pressure and diabetes will drive the ingredient consumption over the coming years.
The WHO reports that more than 1.28 billion adults suffer from high blood pressure, becoming susceptible to health problems such as stroke, kidney failure, among other noncommunicable diseases. Furthermore, the U.S. Centers for Disease Control and Prevention reports over 37.5 million adults in the country to have diabetes, asserting the need for nutritional food products and pharmaceuticals.
The demand for dietary supplements and personal care is expected to propel the mulberry leaf extract industry share in the near future. Mulberry extract can offer various health benefits, including lowering bad cholesterol, increasing blood circulation, skin whitening, slowing down the aging process, improving overall metabolism, and boosting the immune system to prevent certain cancers. In recent years, Mulberry Leaf Extracts have garnered attention for their potential in regulating glucose and carbohydrate metabolism. It can aid in effective weight loss by mitigating the adverse effects of carbohydrates and sugars on blood sugar balance.
The extract's high dietary fiber content could regulate cholesterol levels and provide benefits in the cosmetics industry, supporting skin lightening with potential medicinal and anti-cancer properties. As per Cosmetics Europe data, the regional retail sales of cosmetics exceeded USD 95 billion during 2022, indicating the significant demand for distinct cosmetic ingredients.
Dietary supplements like mulberry leaf extract are not a substitute for conventional medical treatment. Also, the FDA does not regulate dietary supplements in the same way as prescription drugs, so the quality and safety of these products can vary. While mulberry leaf extract shows promise in some studies for blood sugar control and potentially other health benefits, more research is needed to confirm its effectiveness for cancer or metabolism problems.
The Mulberry Leaf Extract industry is categorized into dietary supplements, herbal formulations, functional foods, cosmetics, and others based on applications. The industry will experience notable growth up to 2032 from the functional foods application segment, reflecting a growing recognition of its health benefits and versatility. It can be included in various products, including beverages, snacks, supplements, and more.
Asia-Pacific region will hold a considerable share of mulberry leaf extract market by 2032, with China, India, Japan, and Korea being a few of the key consumers. Asian markets witness demand in the cosmetic industry due to the whitening effect. APAC nations also witness a large population of people having diabetes and heart conditions. Further, regional consumers are attracted to food, beverages, supplements, cosmetics, and other products made from naturally sourced ingredients. The South Korean beauty market alone was worth over USD 3.9 billion.
Key players in the mulberry leaf extract industry include:
Many of these companies aim to boost their R&D, product quality and adopt various growth strategies to sustain their market share.
In May 2023, a study funded by nutritional science frontrunner Nestle Health Science revealed that the supplementation of mulberry leaf extract with vitamin D, fibre, and chromium helps reduce the post meal glucose spike.