Edit Content
Bizwit-Logo-Final

Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Griffonia Seed Extract Market to reach USD XX billion by the end of 2029

Global Griffonia Seed Extract Market Size study & Forecast, by Type (0.2, 0.25, 0.3, More than 95%), by Application (Pharmaceutical Industry, Healthcare Products, Dietary Supplements, Others), by Sales Channel (Online Retail, Offline Retail) and Regional Analysis, 2022-2029

Product Code: OIRFB-60523279
Publish Date: 8-02-2023
Page: 200

Global Griffonia Seed Extract Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Griffonia Seed Extract is a derivative sourced through the processing of seeds of Griffonia simplicifolia plant. Griffonia Plant is mostly found in West Africa and contains high amount of herbal compound 5-Hydroxytryptophan (5-HTP). 5-HTP increases serotonin levels in the human brain thus regulating mood and behavior. Moreover, due to its 5-HTP content and anti-depressive effect Griffonia seed extract is widely used for the treatment of a wide range of health conditions including depression, anxiety, weight loss, headaches, and insomnia among others. The increasing incidences of depression & anxiety and growing consumption of dietary supplements are key factors accelerating the market growth.

The increasing prevalence of depression & anxiety due to rising growth of sedentary lifestyles, sleep deprivation, and social isolation are contributing to the growth of the Global Griffonia Seed Extract Market. For instance, according to World Health Organization (WHO) estimates – as of 2021, globally around 3.8% of the population is affected by depression disorder, and depression leads to approximately 700 000 suicides every year. Additionally, more than 280 million people in the world are affected by depression. Moreover, increase in the consumption of dietary supplements is also accelerating the market space. For instance, as per Statista – in 2021, the global dietary supplement market was valued at USD 137 billion, and the market for dietary supplements is projected to reach to USD 185.1 billion by 2025. Also, increase in incidences of insomnia & stress levels and growing emergence of digital distribution channels would create a lucrative growth prospectus for the market over the forecast period. However, side effects associated with high consumption of Griffonia Seed Extract including nausea, heartburn, gas, feelings of fullness, and rumbling sensations stifle market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Griffonia Seed Extract Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of leading market players and increasing consumption of dietary supplements in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising incidences of depression & anxiety disorders and rising demand for healthcare supplements coupled with growing pharmaceuticals industry in the region.

Major market players included in this report are:
Sanyuan Jinrui Natural Ingredients
Herbo Nutra extract pvt ltd
Fan Naturals Inc.
Alpspure Lifesciences Private Limited
Xian Folga biotechnology Co., Ltd
Jianzhong Biotechnology
Qinqdao Qingmei Biotech
Riotto Botanical Co., Ltd
Changsha Herbway Biotech
Chengdu Wagott Bio-tech Co.,Ltd

Recent Developments in the Market:
 In March 2021, Irvine, USA based ingredient supplier NURA USA launched a new 5-Hydroxytryptophan (5-HTP) ingredient named CLEANMOOD. This new plant-based extract has been sourced from Ghana, Africa, and is tasteless, water-soluble and heat and pH stable.

Global Griffonia Seed Extract Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Application, Sales Channel, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type
0.2
0.25
0.3
More than 95%

By Application
Pharmaceutical Industry
Healthcare Products
Dietary Supplements
Others
By Sales Channel
Online Retail
Offline Retail

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Griffonia Seed Extract Market, by Region, 2019-2029 (USD Billion)
1.2.2. Griffonia Seed Extract Market, by Type, 2019-2029 (USD Billion)
1.2.3. Griffonia Seed Extract Market, by Application, 2019-2029 (USD Billion)
1.2.4. Griffonia Seed Extract Market, by Sales Channel, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Griffonia Seed Extract Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Griffonia Seed Extract Market Dynamics
3.1. Griffonia Seed Extract Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Increasing incidences of depression & anxiety
3.1.1.2. Growing consumption of dietary supplements
3.1.2. Market Challenges
3.1.2.1. Side effects associated with high consumption of Griffonia
3.1.3. Market Opportunities
3.1.3.1. Increase in insomnia & stress levels
3.1.3.2. Growing emergence of distribution channels
Chapter 4. Global Griffonia Seed Extract Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Griffonia Seed Extract Market, by Type
6.1. Market Snapshot
6.2. Global Griffonia Seed Extract Market by Type, Performance – Potential Analysis
6.3. Global Griffonia Seed Extract Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Griffonia Seed Extract Market, Sub Segment Analysis
6.4.1. 0.2
6.4.2. 0.25
6.4.3. 0.3
6.4.4. More than 95%
Chapter 7. Global Griffonia Seed Extract Market, by Application
7.1. Market Snapshot
7.2. Global Griffonia Seed Extract Market by Application, Performance – Potential Analysis
7.3. Global Griffonia Seed Extract Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Griffonia Seed Extract Market, Sub Segment Analysis
7.4.1. Pharmaceutical Industry
7.4.2. Healthcare Products
7.4.3. Dietary Supplements
7.4.4. Others
Chapter 8. Global Griffonia Seed Extract Market, by Sales Channel
8.1. Market Snapshot
8.2. Global Griffonia Seed Extract Market by Sales Channel, Performance – Potential Analysis
8.3. Global Griffonia Seed Extract Market Estimates & Forecasts by Sales Channel 2019-2029 (USD Billion)
8.4. Griffonia Seed Extract Market, Sub Segment Analysis
8.4.1. Online Retail
8.4.2. Offline Retail
Chapter 9. Global Griffonia Seed Extract Market, Regional Analysis
9.1. Griffonia Seed Extract Market, Regional Market Snapshot
9.2. North America Griffonia Seed Extract Market
9.2.1. U.S. Griffonia Seed Extract Market
9.2.1.1. Type breakdown estimates & forecasts, 2019-2029
9.2.1.2. Application breakdown estimates & forecasts, 2019-2029
9.2.1.3. Sales Channel breakdown estimates & forecasts, 2019-2029
9.2.2. Canada Griffonia Seed Extract Market
9.3. Europe Griffonia Seed Extract Market Snapshot
9.3.1. U.K. Griffonia Seed Extract Market
9.3.2. Germany Griffonia Seed Extract Market
9.3.3. France Griffonia Seed Extract Market
9.3.4. Spain Griffonia Seed Extract Market
9.3.5. Italy Griffonia Seed Extract Market
9.3.6. Rest of Europe Griffonia Seed Extract Market
9.4. Asia-Pacific Griffonia Seed Extract Market Snapshot
9.4.1. China Griffonia Seed Extract Market
9.4.2. India Griffonia Seed Extract Market
9.4.3. Japan Griffonia Seed Extract Market
9.4.4. Australia Griffonia Seed Extract Market
9.4.5. South Korea Griffonia Seed Extract Market
9.4.6. Rest of Asia Pacific Griffonia Seed Extract Market
9.5. Latin America Griffonia Seed Extract Market Snapshot
9.5.1. Brazil Griffonia Seed Extract Market
9.5.2. Mexico Griffonia Seed Extract Market
9.5.3. Rest of Latin America Griffonia Seed Extract Market
9.6. Rest of The World Griffonia Seed Extract Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Sanyuan Jinrui Natural Ingredients
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Herbo Nutra extract pvt ltd
10.2.3. Fan Naturals Inc.
10.2.4. Alpspure Lifesciences Private Limited
10.2.5. Xian Folga biotechnology Co., Ltd
10.2.6. Jianzhong Biotechnology
10.2.7. Qinqdao Qingmei Biotech
10.2.8. Riotto Botanical Co., Ltd
10.2.9. Changsha Herbway Biotech
10.2.10. Chengdu Wagott Bio-tech Co.,Ltd
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com

Checkout

Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.

Enquiry Now