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Forskolin Market Size, Share & Trends Analysis Report by Purity (Low, Medium, High), by Application (Food & Beverages, Cosmetics, Pharmaceuticals), by Region (Europe, Asia Pacific), and Segment Forecasts, 2022-2030

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    Report

  • 100 Pages
  • March 2022
  • Region: Global
  • Grand View Research
  • ID: 5569691
The global forskolin market size is expected to reach USD 966.22 million by 2030, registering a CAGR of 8.7% over the forecast period. 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.

Forskolin Market Report Highlights

  • The low purity segment is estimated to register the fastest CAGR from 2022 to 2030 owing to the wide application scope of the low-purity product in various dietary supplements, which have a higher demand globally
  • The pharmaceutical application segment is projected to account for the fastest CAGR from 2022 to 2030 due to a rise in the global consumption of pharma and healthcare products
  • Asia Pacific is projected to be the fastest-growing regional market during the forecast period due to the constantly growing demand and easy product availability in this region
  • Moreover, key market players are based in APAC and are constantly working to provide a diverse range of products through high investments in their R&D. A rise in demand for clean and herbal commodities especially in the cosmetic industry has paved the way for forskolin to be used in many end-use sectors
  • Due to the rapid technological advancements, many companies are focusing on developing forskolin sustainably with high-speed innovations in synthetic biology
  • The production from various other raw materials, which on testing, could prove to be more advantageous to the human body, are being conducted effectively
  • The prominent players in the market are more focused on the production technologies to gain maximum profit against minimum resource consumption


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Frequently Asked Questions about the Global Forskolin Market

What is the estimated value of the Global Forskolin Market?

The Global Forskolin Market was estimated to be valued at $470.11 Million in 2022.

What is the growth rate of the Global Forskolin Market?

The growth rate of the Global Forskolin Market is 8.7%, with an estimated value of $966.22 Million by 2030.

What is the forecasted size of the Global Forskolin Market?

The Global Forskolin Market is estimated to be worth $966.22 Million by 2030.

Who are the key companies in the Global Forskolin Market?

Key companies in the Global Forskolin Market include Alchem International Ltd., Nutra Green Biotechnology, Shaanxi Jiahe Phytochem, Glentham Life Sciences, Flavour Trove, Cymbio Pharma Pvt. Ltd. and Bioprex Labs.

Table of Contents

Chapter 1 Methodology and Scope
1.1 Market Segmentation & Scope
1.1.1 Market Definition
1.2 Information Procurement
1.3 Information analysis
1.4 Market formulation & data visualization
1.5 Data validation & publishing
1.5.1 Research scope and assumptions
1.5.2 List to Data Sources
Chapter 2 Executive Summary
2.1 Market Snapshot
2.2 Segmental Outlook
Chapter 3 Forskolin Market: Purity Estimates & Trend Analysis
3.1 Purity movement analysis & market share, 2021 & 2030 (Tons) (USD Thousand)
3.2 Global forskolin market size & forecasts and trend analysis, by purity, 2018-2030 (Tons) (USD Thousand)
3.2.1 Low (10–50%)
3.2.1.1 Low purity forskolin market size & forecasts and trend analysis, 2018-2030 (Tons) (USD Thousand)
3.2.2 Medium (50–95%)
3.2.2.1 Medium purity forskolin market size & forecasts and trend analysis, 2018-2030 (Tons) (USD Thousand)
3.2.3 High (=95%)
3.2.3.1 H purity forskolin market size & forecasts and trend analysis, 2018-2030 (Tons) (USD Thousand)
Chapter 4 Forskolin Market: Application Estimates & Trend Analysis
4.1 Application movement analysis & market share, 2021 & 2030 (Tons) (USD Thousand)
4.2 Global forskolin market size & forecasts and trend analysis, by application, 2018-2030 (Tons) (USD Thousand)
4.2.1 Food & Beverages
4.2.1.1 Forskolin market size & forecasts and trend analysis, in food & beverages, 2018-2030 (Tons) (USD Thousand)
4.2.2 Cosmetics
4.2.2.1 Forskolin market size & forecasts and trend analysis, in food & beverages, 2018-2030 (Tons) (USD Thousand)
4.2.3 Pharmaceuticals
4.2.3.1 Forskolin market size & forecasts and trend analysis, in pharmaceuticals, 2018-2030 (Tons) (USD Thousand)
4.2.4 Dietary Supplements
4.2.4.1 Forskolin market size & forecasts and trend analysis, in dietary supplements, 2018-2030 (Tons) (USD Thousand)
4.2.5 Others
4.2.5.1 Forskolin market size & forecasts and trend analysis, in others, 2018-2030 (Tons) (USD Thousand)
Chapter 5 Forskolin Market: Regional Estimates & Trend Analysis
5.1 Regional movement analysis & market share, 2021 & 2030 (Tons) (USD Thousand)
5.2 Global forskolin market size & forecasts and trend analysis, by region, 2018-2030 (Tons) (USD Thousand)
5.2.1 North America
5.2.1.1 North America forskolin market size & forecasts and trend analysis, by Purity, 2018-2030 (Tons)
5.2.1.2 North America forskolin market size & forecasts and trend analysis, by Purity, 2018-2030 (USD Thousand)
5.2.1.3 North America forskolin market size & forecasts and trend analysis, by Application, 2018-2030 (Tons)
5.2.1.4 North America forskolin market size & forecasts and trend analysis, by Application, 2018-2030 (USD Thousand)
5.2.2 Europe
5.2.2.1 Europe forskolin market size & forecasts and trend analysis, by Purity, 2018-2030 (Tons)
5.2.2.2 Europe forskolin market size & forecasts and trend analysis, by Purity, 2018-2030 (USD Thousand)
5.2.2.3 Europe forskolin market size & forecasts and trend analysis, by Application, 2018-2030 (Tons)
5.2.2.4 Europe forskolin market size & forecasts and trend analysis, by Application, 2018-2030 (USD Thousand)
5.2.3 Asia Pacific
5.2.3.1 Asia Pacific forskolin market size & forecasts and trend analysis, by Purity, 2018-2030 (Tons)
5.2.3.2 Asia Pacific forskolin market size & forecasts and trend analysis, by Purity, 2018-2030 (USD Thousand)
5.2.3.3 Asia Pacific forskolin market size & forecasts and trend analysis, by Application, 2018-2030 (Tons)
5.2.3.4 Asia Pacific forskolin market size & forecasts and trend analysis, by Application, 2018-2030 (USD Thousand)
5.2.4 Central & South America
5.2.4.1 Central & South America forskolin market size & forecasts and trend analysis, by Purity, 2018-2030 (Tons)
5.2.4.2 Central & South America forskolin market size & forecasts and trend analysis, by Purity, 2018-2030 (USD Thousand)
5.2.4.3 Central & South America forskolin market size & forecasts and trend analysis, by Application, 2018-2030 (Tons)
5.2.4.4 Central & South America forskolin market size & forecasts and trend analysis, by Application, 2018-2030 (USD Thousand)
5.2.5 Middle East & Africa
5.2.5.1 Middle East & Africa forskolin market size & forecasts and trend analysis, by Purity, 2018-2030 (Tons)
5.2.5.2 Middle East & Africa forskolin market size & forecasts and trend analysis, by Purity, 2018-2030 (USD Thousand)
5.2.5.3 Middle East & Africa forskolin market size & forecasts and trend analysis, by Application, 2018-2030 (Tons)
5.2.5.4 Middle East & Africa forskolin market size & forecasts and trend analysis, by Application, 2018-2030 (USD Thousand)
Chapter 6 Forskolin Market: Competitive Landscape
6.1 Recent Developments & Impact Analysis
6.2 Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
6.3 Vendor Landscape
6.3.1 List of Key Manufacturers
6.3.2 List of Potential End-users
6.4 Strategy Framework
Chapter 7. Company Profiles
7.1 Alchem International Ltd.
7.1.1 Company Overview
7.1.2 Financial Performance
7.1.3 Product Benchmarking
7.1.4 Strategic Initiatives
7.2 Nutra Green Biotechnology
7.2.1 Company Overview
7.2.2 Financial Performance
7.2.3 Product Benchmarking
7.2.4 Strategic Initiatives
7.3 Shaanxi Jiahe Phytochem
7.3.1 Company Overview
7.3.2 Financial Performance
7.3.3 Product Benchmarking
7.3.4 Strategic Initiatives
7.4 Glentham Life Sciences
7.4.1 Company Overview
7.4.2 Financial Performance
7.4.3 Product Benchmarking
7.4.4 Strategic Initiatives
7.5 Flavour Trove
7.5.1 Company Overview
7.5.2 Financial Performance
7.5.3 Product Benchmarking
7.6 Cymbio Pharma Pvt. Ltd.
7.6.1 Company Overview
7.6.2 Financial Performance
7.6.3 Product Benchmarking
7.7 Alpspure Lifesciences Pvt. Ltd.
7.7.1 Company Overview
7.7.2 Financial Performance
7.7.3 Product Benchmarking
7.8 Bioprex Labs
7.8.1 Company Overview
7.8.2 Product Benchmarking
List of Tables
Table 1 Global forskolin market volume, by purity, 2018-2030 (Tons)
Table 2 Global forskolin market revenue, by purity, 2018-2030 (USD Thousand)
Table 3 Global forskolin market volume, by application, 2018-2030 (Tons)
Table 4 Global forskolin market revenue, by application, 2018-2030 (USD Thousand)
Table 5 Forskolin Pharmaceutical Application
Table 6 Global forskolin market volume, by region, 2018-2030 (Tons)
Table 7 Global forskolin market revenue, by region, 2018-2030 (USD Thousand)
Table 8 North America forskolin market volume, by purity, 2018-2030 (Tons)
Table 9 North America forskolin market revenue, by purity, 2018-2030 (USD Thousand)
Table 10 North America forskolin market volume, by application, 2018-2030 (Tons)
Table 11 North America forskolin market revenue, by application, 2018-2030 (USD Thousand)
Table 12 Europe forskolin market volume, by purity, 2018-2030 (Tons)
Table 13 Europe forskolin market revenue, by purity, 2018-2030 (USD Thousand)
Table 14 Europe forskolin market volume, by application, 2018-2030 (Tons)
Table 15 Europe forskolin market revenue, by application, 2018-2030 (USD Thousand)
Table 16 Asia Pacific forskolin market volume, by purity, 2018-2030 (Tons)
Table 17 Asia Pacific forskolin market revenue, by purity, 2018-2030 (USD Thousand)
Table 18 Asia Pacific forskolin market volume, by application, 2018-2030 (Tons)
Table 19 Asia Pacific forskolin market revenue, by application, 2018-2030 (USD Thousand)
Table 20 Central & South America forskolin market volume, by purity, 2018-2030 (Tons)
Table 21 Central & South America forskolin market revenue, by purity, 2018-2030 (USD Thousand)
Table 22 Central & South America forskolin market volume, by application, 2018-2030 (Tons)
Table 23 Central & South America forskolin market revenue, by application, 2018-2030 (USD Thousand)
Table 24 Middle East & Africa forskolin market volume, by purity, 2018-2030 (Tons)
Table 25 Middle East & Africa forskolin market revenue, by purity, 2018-2030 (USD Thousand)
Table 26 Middle East & Africa forskolin market volume, by application, 2018-2030 (Tons)
Table 27 Middle East & Africa forskolin market revenue, by application, 2018-2030 (USD Thousand)
Table 28 List of Key Manufacturers
Table 29 List of Potential End-users
List of Figures
Fig. 1 Forskolin Market Snapshot, 2021
Fig. 2 Global forskolin market, 2021 & 2030 (USD Thousand)
Fig. 3 Forskolin Market volume share, by purity, 2021 & 2030 (Tons)
Fig. 4 Forskolin Market volume share, by application, 2021 & 2030 (Tons)
Fig. 5 Forskolin Market volume share, by region, 2021 & 2030 (Tons)
Fig. 6 Sports Nutrition Market, by Country, 2020 (%)
Fig. 7 North America Dietary Supplements Market Share, by end-user, 2020 (%)
Fig. 8 European Natural Cosmetics Market, 2013-2018, USD Billion
Fig. 9 Natural Cosmetics Market, By Country, 2018, (%)
Fig. 10 Central & South America exports of pharmaceutical products, by Origin, 2018–2020
Fig. 11 Forskolin Market - Company market positioning
Fig. 12 Forskolin Market - Strategy Framework

Companies Mentioned

  • 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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