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Press Release

Global Maca Extract Market Will Grow at a CAGR 1.0% and Reach USD 59 Million by 2023, from USD 56 Million in 2017

New Global Maca Extract Players Market 2023 Report Covers market forecast and top Companies like Koken, Peruvian Nature, Panpacific Corporation, Natural Health International, Inca Health and others.

This press release was orginally distributed by SBWire

Lewes, DE -- (SBWIRE) -- 09/19/2018 -- Maca Extract Market will register a 1.0% CAGR in terms of revenue, reach US$ 59 million by 2023, from US$ 56 million in 2017.

The root vegetable known as Maca originates from the Peruvian Andes. Maca, also known as Peruvian Ginseng is reported to have numerous health benefits. In fact, powdered Maca is considered a unique superfood that boosts energy, improves stamina and enhances libido. Maca root powder is also widely used in many of the best male enhancement pills. Maca root extract is contained in many leading male enhancement supplements and is widely used to treat hot flushes, memory loss, stress, depression and fertility.

Maca extract is also rich in essential minerals such as phosphorus, iodine, potassium, sodium, manganese, calcium, iron and magnesium. Maca stimulates the pituitary gland and the hypothalamus, the glands responsible for regulating other important glands. This in turn, helps to re-balance the testicular, ovarian and adrenal glands, the pancreas and the thyroid.

Maca extract industry is mainly concentrated in Peru and China. Currently, there are many maca extract products producing companies in the world maca extract industry. The main market players are Koken, Peruvian Nature, Panpacific Corporation, Natural Health International, Inca Health and Jiaherb.

The global consumption value of maca extract increases with the 76.82% average growth rate. South America and North America are the major consumption region due to the bigger demand of downstream applications. In 2016, these this region occupied 42.20% of the global consumption volume in total.

Maca extract include many forms with different extract ratio. And each form has different application industries with price difference. With medical effect of maca extract, the downstream application industries will need more maca extract products. So, maca extract has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce good performance maca extract through improving technology.

The major raw materials for maca extract products are maca and other auxiliary materials. Fluctuations in the price of the upstream product will impact on the production cost of maca extract. The production cost of maca extract is also an important factor which could impact the price of maca extract.

Over the next five years, Study projects that Maca Extract will register a 1.0% CAGR in terms of revenue, reach US$ 59 million by 2023, from US$ 56 million in 2017.

This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Koken
Peruvian Nature
Panpacific Corporation
Natural Health International
Inca Health
ZANACEUTICA
MG Natura Peru
Pebani Inversiones
StandPeru
Phyto Life Sciences
Jiaherb
Pioneer Herbs
Green Life
Yuansn Biological
Bettering
Yongyuan Bio-Tech
Naturalin
Berbchem Biotech
Tengmai
Huike

Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
White to Yellow
Light Pink to Dark Purple
Light Gray to Dark Gray

Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Health Drugs
Health Foods
Nutritional Supplements
Others

Spanning over 144 pages "Forecast of Global Maca Extract Players Market 2023" report covers Maca Extract Market Overview, Global Maca Extract Sales, Revenue (Value) and Market Share by Players, Global Maca Extract Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Maca Extract Sales, Revenue and Price, Europe Top 5 Players Maca Extract Sales, Revenue and Price, Asia-Pacific Top 5 Players Maca Extract Sales, Revenue and Price, South America Top 5 Players Maca Extract Sales, Revenue and Price, Middle East & Africa Top 5 Players Maca Extract Sales, Revenue and Price, Global Maca Extract Players Profiles/Analysis, Global Maca Extract Market Forecast (2018-2023), Maca Extract Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.

Please visit this link for more details: https://www.marketresearchreports.com/mrrpb2/forecast-global-maca-extract-players-market-2023

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