Tamarind Extract Market Share, Size, Trends, Industry Analysis Report, By Form (Paste and Powder); By Application; By Distribution; By Region; Segment Forecast, 2023-2032

Tamarind Extract Market Share, Size, Trends, Industry Analysis Report, By Form (Paste and Powder); By Application; By Distribution; By Region; Segment Forecast, 2023-2032

The global tamarind extract market size is expected treach USD 763.48 million by 2032, according ta new study by Polaris Market Research. The report “Tamarind Extract Market Share, Size, Trends, Industry Analysis Report, By Form (Paste and Powder); By Application; By Distribution; By Region; Segment Forecast, 2023-2032” gives a detailed insight intcurrent market dynamics and provides analysis on future market growth.

Rising consumer awareness for natural and herbal products and their various health benefits for lifestyle diseases is driving the market's demand for tamarind extract-based products. In light of changing customer preferences over natural components, processed tamarind extracts are in high demand. The tamarind extract is being sold as herbal syrup and in healthy beverages because it is employed in the food and beverage business and is alsknown for its therapeutic properties. Tamarind extract boosts the immune system and lowers cancer risk by including significant antioxidants.

Additionally, tamarind is regarded as beneficial for constipation because of its laxative qualities. It is useful in treating the common cold since it is high in vitamin C and antioxidants, which help tincrease immunity. As per the CDC, around 37.3 million people in the United States have diabetes in 2022. As diabetes prevalence rises, tamarind extract demand is growing for treatment. Tamarind powder is beneficial for diabetes individuals since it may alsaid in controlling insulin and blood sugar levels. As it helps reduce food cravings and prevents overeating, it is alshelpful for persons seeking tmanage their weight.

Additionally, the anthelmintic properties of tamarind pulp aid in removing worms from the stomach. The fruit gets sweeter and less acidic (sour) as it ripens, and the ripened fruit is thought ttaste better. Various cultivars have varying levels of sourness, and some sweet tamarind varieties have nearly nacidity when mature. Therefore, its multiple benefits boost the demand for lifestyle diseases driving the market growth.

Tamarind Extract Market Report Highlights

The powder segment led all others in the form sector with a significant market share in 2022. Tamarind powder is thought tbe beneficial for diabetes individuals since it may alsaid in controlling insulin and blood sugar levels.

Pharmaceuticals segment is expected tgenerate considerable revenue in 2022, and is anticipated tgrow at a substantial CAGR over the forecast period. Since, it used tcure colds, fever, stomach illnesses, liver and gallbladder issues, and constipation. Children are administered it tcure intestinal worms.

Asia-Pacific region is anticipated texpand at the significant CAGR due tthe increased demand for clean-label components in the personal care and cosmetics industries

The global players include Abc International, Abdullabhai Abdul Kader, BaaecV Food, Jadli Foods, Kanegrade Limited, Magma Foods, MoonLite Corporation, Revata Food Products, Shimla Hills, & Xi'an Victory Biochemical.

Polaris Market Research has segmented the Tamarind Extract Market report based on form, application, distribution, and region:

Tamarind Extract Market, Form Outlook (Revenue - USD Million, 2019 - 2032)

Paste

Powder

Tamarind Extract Market, Application Outlook (Revenue - USD Million, 2019 - 2032)

Food & Beverage

Cosmetics & Personal Care Products

Pharmaceuticals

Households

Tamarind Extract Market, Distribution Outlook (Revenue - USD Million, 2019 - 2032)

Direct

Indirect

Tamarind Extract Market, Regional Outlook (Revenue - USD Million, 2019 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa