Broccoli is a vegetable of cabbage family with a wide variety of nutritional benefits. It is widely produced in Asia Pacific region, China and India are the two major producers of broccoli plant.
New York, NY -- (SBWIRE) -- 06/19/2017 -- Broccoli Extract Market is segmented on the basis of product form, type, application, and distribution channels.
On the basis of product form, broccoli extract market segments include liquid, capsule, and powder. Among both, capsule segment holds the major share and is expected to register a growth during the forecasted period. Broccoli extract widely used in the treatment of inflammation, fights unhealthy bacteria and stimulate enzymes in the body. Broccoli extract has been closely tied with dietary supplements and expected to fuel the market over the forecasted period.
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On the basis of product type, broccoli extract market segments include seed and sprout. Among both, sprout segment holds the major share and is expected to register a growth during the forecasted period.
On the basis of application, broccoli extract market segments include functional food, dietary supplements, pharmaceuticals, and nutraceuticals. Among all of these, dietary supplement segment holds the major share and is expected to register a steady growth over the forecasted period. Followed by functional food segment as food additive and is expected to fuel the market over the forecasted period.
On the basis of distribution channels, it is segmented into direct selling, distributors, wholesalers, and online. Among these, the online is expected to gain major revenue shares over the forecast period.
The extract produced from broccoli is rich in sulphoraphane, an ingredient which is widely used in the form of powder for application in functional foods, dietary supplements, health care products and pharmaceuticals industry. It is a rich source of anti-oxidants and an effective for inflammation, fights unhealthy bacteria and stimulate enzymes in the body for faster metabolism. Increasing awareness of its therapeutic functions of broccoli extract drives an increase in demand in the global market.
On the basis of regions, broccoli extract market is segmented into following key regions; North America, Latin America, Eastern Europe and Western Europe, Asia Pacific & Japan, and The Middle East and Africa.
Among all of these, Asia Pacific grabs the major share of global broccoli extract market. Consumption of broccoli extract which regulates body metabolism and provides health benefits have more demand in global market and it is expected to grow at a steady rate. China is one of the major supplier of broccoli extract. Followed by other developing regions and is expected to register an increase in consumption of broccoli extract in global market over the forecasted period. Increasing awareness regarding medicinal benefits and a rich source for essential vitamins and minerals is expected to drive an increase demand in developed countries and is expected to generate revenue contributing to global market.
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The rise in demand for treatment for inflammation and benefits include fighting unhealthy bacteria and stimulate enzymes in the body is expected to drive the growth of global broccoli extract market. Broccoli extract is a rich source of sulphoraphane, vitamins and minerals imparts multiple pharmacological activities beneficial for proper function of body. It also a rich source of dietary fiber, hence used in most of the dietary supplements. Varieties of other natural vegetable extract with same therapeutic values is one of the restraints to decline the growth of broccoli extract market.
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Some of the key players participating the global broccoli extract market include Love Life Supplements Ltd, Holistic Herbal Solutions LLC, Jarrow Formulas GmbH, Hawaii Pharm LLC, Nova Nutrition LLC, Nutra Canada Inc., and Wincobel Chemical CO. LTD. and others.