Global Kava Extract Supplements Market Size By Type(Tablets, Powder, and Liquid), By Distribution Channel(Online and Offline), By End-User(food & beverages, pharmaceutical, cosmetics & personal care), By Geographic Scope And Forecast
Published on: 2024-08-03 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Kava Extract Supplements Market Size By Type(Tablets, Powder, and Liquid), By Distribution Channel(Online and Offline), By End-User(food & beverages, pharmaceutical, cosmetics & personal care), By Geographic Scope And Forecast
Kava Extract Supplements Market Size And Forecast
Kava Extract Supplements Market size was valued at USD 3.47 Million in 2024 and is projected to reach USD 4.98 Million by 2031, growing at a CAGR of 5.10 % during the forecast period 2024-2031.
Major factors driving the market growth include the main drivers is the growing prevalence of bacterial infections and the overuse of antibiotics, which has led to antibiotic resistance in bacterial organisms. The need for better standards in testing for fungal susceptibility and the growing use of commercial rapid testing systems for fungal analysis are also among the factors expected to drive the market’s growth. The Global Kava Extract Supplements Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Kava Extract Supplements Market Definition
Kava, also known as kava-kava, is a tropical plant from the South Pacific islands that are most commonly used to make traditional beverages, and supplements in the form of capsules or tablets. The active compounds in kava are called kavalactones, which are believed to have an effect on anxiety and insomnia. Kava is used as an alternative treatment for anxiety and muscle relaxation. Though it has benefits it also has a potential risk of causing severe liver injury and is thus banned or restricted in certain countries.
Kava extract supplements are utilized to help with a variety of conditions such as anxiety, stress, restlessness, attention deficit disorder, and insomnia. It is typically available in the market in a powder, solution, or tablet form. To produce pills, kavalactones are extracted from the kava plant using solvents such as supercritical carbon dioxide, ethanol, and acetone, which are standardized between 30% to 90%. However, it is important to note that, the extraction methods used may not always be safe, it’s best to consult a doctor before consuming any supplements.
Kava extract has been investigated as a treatment for anxiety, and some studies have found that it may be as effective as commonly prescribed medications such as benzodiazepines and tricyclic antidepressants. Furthermore, the studies reported that kava extracts may have anxiety-reducing effects without the common side effects associated with these medications. However, more studies are needed to confirm these findings and understand the underlying mechanism. It’s important to note that more research is needed to evaluate the safety and efficacy of kava extracts as a treatment, and it’s always recommended to consult a healthcare professional before considering using kava extract for any condition.
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Global Kava Extract Supplements Market Overview
The market for Kava Extract Supplements is being driven by the growing incidence of insomnia, anxiety disorders, and stress among the youth. As a natural alternative for pain relief and management of anxiety, it is gaining popularity as an alternative to drugs such as opioids and benzodiazepines. However, the potential benefits of Kava Extract Supplements are still in question as there are safety concerns and potential regulatory roadblocks, that could hinder the growth of the market. It’s important to note that Kava extract supplements are not FDA approved, and they may have side effects like liver injury if consumed in large dosages and for a long term, thus consulting with a healthcare professional before considering using them is always recommended.
The market for Kava Extract Supplements is facing some obstacles that may hinder its growth. These include the High cost of cultivation, as the kava plant is difficult to grow, especially outside tropical regions, and takes years to reach maturity. Furthermore, there are safety concerns about the use of kava, with several cases of liver damage and deaths reported, leading to the ban of kava in some countries such as Canada and Europe. Additionally, researchers find it hard to obtain enough quantity for research and clinical trials, as kava does not produce seeds and it can only be propagated via cuttings. These limitations may slow down the market growth of Kava Extract Supplements.
Global Kava Extract Supplements Market Segmentation Analysis
The Global Kava Extract Supplements Market is Segmented on the basis of Type, Distribution Channel, End-User, And Geography.
Kava Extract Supplements Market, By Type
- Tablets
- Powder
- Liquid
On the basis of Type, the market is segmented into Tablets, Powder, and Liquid. The kava root powder extract is a widely popular form of kava extract and holds a significant market share. It’s easy to use and can be consumed in the form of tea by steeping it in hot water. Due to the euphoric effects of kava and the lack of caffeine, the powder variant is becoming more popular as an alternative to regular tea to help cope with stress. The powder extract is also widely used in the personal care and dietary supplements industry which is driving the growth of the market segment. The ease of use and ready availability of kava root powder extract make it a convenient form of extract for both traditional and contemporary consumption methods. The segment of liquid extracts is expected to experience growth, due to its increasing use in food and beverage products to boost their nutritional content. These extracts, also known as tinctures, are made by combining herbs with a mixture of water and alcohol. They are easy to consume and can be easily added to other foods and drinks, which helps to make sure that small doses of these supplements can be used to maintain balance in different systems in the body.
Kava Extract Supplements Market, By Distribution Channel
- Online
- Offline
Based on By Distribution Channel, the market is segmented into Online and Offline.
Kava Extract Supplements Test Market By End User
- Food & Beverage
- Pharmaceuticals
- Cosmetics and Personal Care Products
On the basis of End-User, the market is bifurcated into food & beverages, pharmaceutical, cosmetics & personal care. The food and beverage segment holds a large number f shares in the market. The food and beverage industry is working to improve and create new plant-based extracts that are clean-label and promote health. Botanical extracts are being used more frequently in various products like drinks, baked goods, and condiments. Consumers’ preference for flavored or infused water that has natural ingredients and unique taste has led to growth in this segment. Furthermore, research on ways to quickly and effectively extract kava from roots is also helping the market, such as a new technology developed by MIT researchers that uses engineered bacteria to mass-produce the feel-good molecules found in kava.
Kava Extract Supplements Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
The Global Kava Extract Supplements Test Market is segmented on the basis of geography into North America, Europe, Asia Pacific, Rest of the World. North America is a significant market for kava root extract, driven by the increasing popularity of using it as a non-alcoholic beverage.
Key Players
The “Global Kava Extract Supplements Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as VH Nutrition, NOW Foods, Gaia Herbs, Oregon’s Wild Harvest, Natrol, Nature’s Answer, Eclectic Institute, Maui Medicinal Herbs, and Pure Mountain Botanicals.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
Key Development
• In March 2022, Urban Outfitters, a lifestyle retail company based in the United States, partnered with Psychedelic Water Inc. to launch a new product line called “Psychedelic Water” in 130 stores across the U.S. This product is made from organic and sustainably sourced kava root, green tea leaf and damiana leaf extracts, providing a euphoric experience without any negative after-effects.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the global Kava Extract Supplements Test market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. The porter’s five forces model can be used to assess the competitive landscape in global Kava Extract Supplements Test market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2021-2031 |
BASE YEAR | 2024 |
FORECAST PERIOD | 2024-2031 |
HISTORICAL PERIOD | <span data-sheets-root="1" data-sheets-u |