Global Olive Leaf Extract Market 2020 (Includes Business Impact of COVID-19)

                                          
“Global Olive Leaf Extract Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by Trusted Business Insights. The global olive leaf extract market report has been segmented on the basis of form, end-use industry, and region.

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Global Olive Leaf Extract Market: Overview

Olive leaf extract is an active ingredient, which is obtained from the olive leaf. It has antioxidant, antibacterial, and antimicrobial properties. It is useful in digestive track disorder and respiratory illness in human being. In addition, olive leaf extract successfully lowers blood pressure which can reduce risk of heart attack and stroke.

Global Olive Leaf Extract Market: Dynamics

Growing preference for mediterranean diet among individuals across the globe is expected to drive growth of olive leaf extract market in the next coming years. Increasing prevalence of heart diseases across the globe, increasing olive leaf production, rising demand for olive leaf extract products owing to its property to regulate the blood pressure, high spending capacity are factors expected to drive growth of the target market during the forecast period. In addition, olive leaf extract has anti-inflammatory and anti-mutagenic properties, which is useful for preparation of different medicine and drug product. Moreover, growing adoption of olive leaf extract for various application in many industries such as cosmetic, food, beverage, pharmaceutical, nutraceutical across the globe is factor projected to boost growth of the global market.

However, high cost involved with R&D of olive leaf extract is a factor projected to hamper growth of the global market. In addition, drugs that contain olive leaf extract can cause side effects such as muscle pain, diarrhea, nausea, dizziness, etc. if not taken in proper amount. This may hinder the growth of target market.

Global Olive Leaf Extract Market: Segment Analysis

Among the application, the cosmetic segment is expected to account for major revenue share in the global olive leaf extract market. This is due to its use as anti-oxidants and active ingredients in the preparation of various cosmetic product including night cream, anti-ageing cream, moisturizing cream, face toner, face serum, face wash, mouthwash, gel, hair conditioner, shampoo, body wash etc.

Among the form segments, the food and beverage industry segment is expected to account for major revenue share contribution in the global market, due to its use in various applications such as cosmetics, personal care, pharmaceutical, nutraceutical, and beverage products.

Global Olive Leaf Extract Market: Region Analysis

The North America market is expected to account for highest revenue share in the global olive leaf extract market during the forecast period, followed by Europe market. This can be attributable to increasing awareness regarding various benefits of olive leaf extract among end use industries. In addition, growing applications of olive leaf extracts, increasing inclination of individuals towards healthy food product, and increasing R&D activities related to the olive leaf extract and its nutritional value are factors expected to support revenue growth of the target market.

The Asia Pacific market for olive leaf extracts is anticipated to register significant growth, due to growing inclination toward health benefits associated with consumption of olive leaf extracts. In addition, increasing demand for olive leaf extract in cosmetics and pharmaceutical industry.

Global Olive Leaf Extract Market Segmentation:

Segmentation by form:

Liquid
Solid

Segmentation by end-use industry:

Cosmetics
Foods
Beverages
Nutraceuticals
Pharmaceuticals
Others