Europe Sea Buckthorn Market Size, Share & Trends Analysis Report By Form (Juice, Powder, Oil, and Others), By Application (Pharmaceutical, Dietary Supplement, Food & Beverages, Cosmetics & Personal Care, and Others) By Country and Growth Forecast, 2024 - 2031
The Europe Sea Buckthorn Market would witness market growth of 9.2% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 1,133.6 Tonnes, showcasing a growth of 15.0% (2020-2023).
Sea buckthorn powder is a versatile and nutrient-rich product derived from the dried fruit or leaves of the plant. Packed with vitamins, minerals, antioxidants, and other bioactive compounds, this powder offers numerous health benefits and is used in various applications. It can be consumed directly as a dietary supplement by mixing it into smoothies, juices, yogurt, or oatmeal to boost nutritional intake and support overall health and wellness. Therefore, Germany registered 60.5 Tonnes demand of powder in 2023.
The Germany market dominated the Europe Sea Buckthorn Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $40,118.2 Thousands by 2031. The UK market is exhibiting a CAGR of 8.2% during (2024 - 2031). Additionally, The France market would experience a CAGR of 10% during (2024 - 2031).
Sea buckthorn is a versatile plant with nutritional and medicinal properties used in various industries. Owing to its revitalizing and nourishing properties for the skin, it is a frequently used ingredient in skincare and cosmetics. Rich in beta-carotene, omega fatty acids, and vitamins C and E, it efficiently brightens, moisturizes, and shields the skin from environmental damage. These extracts are used in facial serums, creams, lotions, and masks to promote healthy and radiant skin.
The food and beverage industry utilizes sea buckthorn berries, juice, and oil for their unique flavour and nutritional content. The tangy taste of this adds depth and complexity to various food products, including jams, sauces, desserts, teas, and alcoholic beverages. Such food items offer consumers a convenient way to incorporate essential vitamins, antioxidants, and amino acids into their diet.
As the pharmaceutical industry in Belgium expands, there may be a greater demand for natural ingredients with health-promoting properties. This, known for its rich nutritional content and medicinal benefits, can be sought after as an ingredient for developing nutraceutical products such as dietary supplements and functional foods. Thus, the expansion of the cosmetics and pharmaceutical industry is propelling the market’s growth.
Based on Form, the market is segmented into Juice, Powder, Oil, and Others. Based on Application, the market is segmented into Pharmaceutical, Dietary Supplement, Food & Beverages, Cosmetics & Personal Care, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- SeabuckWonders
- W.S. Badger Company, Inc.
- STADA Arzneimittel AG
- Erbology Ltd
- SIBU Sea Berry Therapy
- Weleda AG
- Natura Health Products
- TEREZIA COMPANY s.r.o.
- HiPP GmbH & Co. Vertrieb KG
- Organic India Pvt. Ltd.
Europe Sea Buckthorn Market Report Segmentation
By Form (Volume, Tonnes, USD Million, 2020-2031)
By Application (Volume, Tonnes, USD Million, 2020-2031)
- Pharmaceutical
- Dietary Supplement
- Food & Beverages
- Cosmetics & Personal Care
- Others
By Country (Volume, Tonnes, USD Million, 2020-2031)
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe