Buckwheat
contains a flavonoid known as rutin which fortifies the blood
vessels. Rutin has been identified as vitamin-P and is known for its
ability to strengthen blood vessel and maintaining the elasticity.
The use of buckwheat is varied and makes an important ingredient in
supplements that aim at preventing disorders associated with blood
vessels aging such as hypertension, myocardial infarction
atherosclerosis and strokes. Other benefits of buckwheat extract
include improving digestion, building immunity, and bone health etc.
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In
Japan, buckwheat noodles being popularly used due its image as
nutrient rich food product. The key ingredient in the noodles being
rutin which has been recognized to be of great importance. The
product placement by using the buckwheat’s key ingredient (rutin)
is attracting manufacturers to introduce new products comprising
buckwheat extract. Thus acting as a driving force in steering the
global buckwheat extract market’s growth.
Buckwheat
Extract Market Segmentation
Buckwheat
extract market is segmented on the basis of form, application and
regions. On the basis of form the global buckwheat market is
segmented as; powder extract and liquid extract. The sheer
convenience in use of powder extract and its ability to blend with
major food products as an additive makes an important growth prospect
for the buckwheat extract market.
On
the basis of application, buckwheat extract is segmented into three
main segments as herbal supplements, cosmetics and food and
beverages. The herbal supplements are sub-segmented into tablets,
capsules and tinctures. The cosmetic uses of buckwheat extract is in
shimmer powder, face packs and more. These derived uses are
attributed to the antioxidant properties and is appealing to a
significant proportion of population. Due to this reason buckwheat
extract market is expected to account for favorable growth in the
near future.
U.S.,
Germany, Netherlands, Spain being major importers of buckwheat
extract. The European and American regions contributing to most of
the trade in buckwheat extract market. With Poland accounting for
major exports followed by Bolivia and Peru. The demand originating
from countries like Japan make the Asia pacific region an important
market for the buckwheat extract.
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Buckwheat
Extract Global Market Trends and Market Drivers:
Buckwheat
extract’s diversified use in therapeutic herbal formulations
providing benefits such as strengthening blood vessels and improving
blood flow, also providing additional health benefits in diabetes
management improving bone health and many more is expected to drive
market growth during the forecast period. Additionally the buckwheat
extract has the ability to blend with majority of food products
providing an additional use in the food and beverage industries. The
use of the extract in food as an additive is one of the key drivers
for the growth of the global buckwheat market.
Consumer’s
preferences are noticeably on a shift towards the healthier options
and the organic buckwheat extract is therefore expected to grow at a
significant CAGR in terms of value and volume during the forecast
period.
The
natural products offer a wide acceptance in use as cosmetic products
attributed to the natural antioxidant nature of buckwheat extract.
The application in cosmetics is anticipated to grow due to the
increased awareness among consumers regarding the safety in use of
the naturally derive herbal products.
Buckwheat
Extract Market Key Players:
The
rise in global demand of the herbal extracts has attracted many
manufacturers to supply quality products and some of the key players
participating in the global buckwheat extract market are; Martin
Bauer GmbH & Co. KG, Nexira Inc., Oryza Oil & Fat Chemical
Co., Ltd., JIAHERB, INC., Foodchem International Corporation.
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