The Forskolin Market was valued at USD 516.8 million in 2024, and is projected to reach USD 966.2 million by 2030, rising at a CAGR of 11.80%. The growth is majorly driven by the rising demand from the pharmaceutical industry owing to its high medical value. The market is expected to grow because of end-users’ inclination from synthetically processed to naturally-derived ingredients. Forskolin has a wide range of application scope across various industries, such as food & beverages, pharmaceuticals, and cosmetics among others. It has been used as a traditional medicine in the field of ‘Ayurveda’ since ancient times, for the treatment of heart, abdominal, and respiratory diseases, among others.
Forskolin comes from the roots and stem of a plant named Coleus barbatus. This plant is from the mint family and can be found in some regions of Asia. Constant research and development activities carried out by major market players have proved its wide usability along with its advantages. During the COVID-19 pandemic, the pharmaceuticals and healthcare industries gained importance, thereafter, the demand for these products eventually increased. The increasing awareness among the growing population will also support the growth of this market. Materials with immense usage in the production of healthcare and medicinal products witness high demand in the market.
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Forskolin comes from the roots and stem of a plant named Coleus barbatus. This plant is from the mint family and can be found in some regions of Asia. Constant research and development activities carried out by major market players have proved its wide usability along with its advantages. During the COVID-19 pandemic, the pharmaceuticals and healthcare industries gained importance, thereafter, the demand for these products eventually increased. The increasing awareness among the growing population will also support the growth of this market. Materials with immense usage in the production of healthcare and medicinal products witness high demand in the market.
Forskolin Market Report Highlights
- The high purity segment captured the largest share of 67.7% in 2024, fueled by escalating consumer demand for premium-quality, effective supplements.
- The dietary supplements application segment accumulated the largest share of 35.9% in 2024, owing to the growing consumer demand for natural weight management and wellness products.
- Europe secured the largest market share of 32.6% in 2024, fueled by a surging demand for natural weight management solutions and increasing health-consciousness among consumers.
This report addresses:
- Market intelligence to enable effective decision-making.
- Market estimates and forecasts from 2018 to 2030.
- Growth opportunities and trend analyses.
- Segment and regional revenue forecasts for market assessment.
- Competition strategy and market share analysis.
- Product innovation listings for you to stay ahead of the curve.
- COVID-19's impact and how to sustain in this fast-evolving market.
Why Should You Buy This Report?
- Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Forskolin Market Variables, Trends & Scope
Chapter 4. Forskolin Market: Purity Outlook Estimates & Forecasts
Chapter 5. Forskolin Market: Application Outlook Estimates & Forecasts
Chapter 6. Forskolin Market Regional Outlook Estimates & Forecasts
Chapter 7. Competitive Landscape
List of Tables
List of Figures
Companies Mentioned
The major companies profiled in this Forskolin market report include:- Alchem International Ltd.
- Nutra Green Biotechnology
- Shaanxi Jiahe Phytochem
- Glentham Life Sciences
- Flavour Trove
- Cymbio Pharma Pvt. Ltd.
- Alpspure Lifesciences Pvt. Ltd.
- Bioprex Labs
Methodology
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