Forskolin Market To Cross Dynamic Pattern

Persistence Market Research provides key insights on the global forskolin market in its upcoming outlook, titled “Forskolin Market: Global Industry Analysis 2013-2017 and Forecast 2018-2026”. In terms of value, the global forskolin market is expected to register a healthy CAGR of 8.0% during the forecast period, owing to various factors, about which PMR offers vital information in detail.

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High propensity for weight management segment in the forskolin market

Based on the type of application, the weight management segment is expected to maintain its dominance in the forskolin market, growing at a significant CAGR of 7.7% during the forecast period. The increased consumption of unhealthy high-calorie foods has led to an increase in obesity rates among children and adults in recent years. In North America alone, 34% of children eat unhealthy junk food. Forskolin is a herbal ingredient that aids in losing excess weight, which has fueled the demand for Forskolin in the market over the years.

Asia Pacific to Witness Predominant Growth in Forskolin Market

Being a developing economy and having a high prevalence of unhealthy population suffering from blood pressure, respiratory complications, insomnia and others, Asia Pacific holds the highest growth rate of Forskolin compared to other countries. other regions, linked to higher consumption and factors such as favorable government policies on herbal supplements. Asia-Pacific is predicted to witness the highest growth rate of Forskolin accounting for 7.8% over the forecast period.

Growing Demand For Forskolin In The Sports Nutrition Industry

Muscle building, physical energy and maintaining shape are the key elements of sports nutrition products. However, consumers are also embracing ingredients that help maintain their mental health. For this, a number of manufacturers of sports nutrition products also include nutrients that maintain cognitive health, thereby promoting mental, emotional and physical health. Forskolin is obtained from a plant source and is useful for weight loss as well as muscle building. Moreover, the level of cyclic AMP increasing capacity of Forskolin has made it a very popular ingredient for the preparation of nutritional supplements. So, with the growing demand for sports nutrition in the coming years, the demand for Forskolin is also expected to see a significant increase.

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Consumer Demand for Natural Products to Drive Forskolin Market Revenue Growth

Widespread change in lifestyles attributed to a multitude of factors, including environmental awareness and improved health and wellness education, has led to a growing demand for natural products such as Forskolin . Consumers want to know the source of the product and the exact type of ingredients it contains. Moreover, consumers are also ready to pay a high price for natural products. Natural supplements have many health benefits including weight loss, freedom from obesity, natural remedies, healthy lifestyle and weight control. Companies are focusing on introducing new Forskolin supplements with improved benefits to expand their product portfolio and increase their customer base.

This report covers the trends driving each segment and offers analysis and insight into the Forskolin market potential in specific regions. According to market attractiveness, Asia-Pacific and North America are relatively more attractive regions in the forskolin market. Based on application, the forskolin market is segmented into weight management, respiratory disorders, insomnia, digestive disorders, and others.

Global Forskolin Market: Competition Scorecard

PMR featured some of the most prominent companies active in the global forskolin market such as Sabinsa Corporation, Nutra Green Biotechnology Co., Ltd., Bioprex Labs, Varion Lifesciences Pvt. Ltd., etc., to provide a broader view of the global Forskolin market.

Global Forskolin Market: Key Insights

The world’s leading manufacturers and product developers of Forskolin transform Forskolin into user-friendly forms, such as dietary supplements, extract powders, and others. Forskolin is also blended with other herbal ingredients to provide additional benefits to consumers. Product developers and manufacturers are considering incorporating Forskolin into cosmetics and other personal care products, due to the growing demand for herbal products.

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