Perilla Extract Gaining Traction Due To Its Health Benefits

Perilla Extract Market 


Perilla extract is obtained from perilla leaves through extraction processes. It contains high concentrations of antioxidants like rosmarinic acid and anthocyanins that help reduce oxidative stress. Perilla extract finds applications in pharmaceuticals, food & beverages, and personal care industries due to its anti-inflammatory and neuroprotective properties.

The global Perilla Extract Market is estimated to be valued at US$ 1.33 Bn in 2024 and is expected to exhibit a CAGR of 15.% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends

One of the primary factors fueling the growth of the perilla extract market is increasing awareness about its health benefits. Perilla extract is rich in antioxidants that help scavenge free radicals and reduce oxidative stress in the body. It also contains high concentrations of rosmarinic acid that exhibits anti-inflammatory and neuroprotective properties. Rising prevalence of chronic diseases along with growing consumer preference for herbal remedies is projected to drive the demand for perilla extract over the forecast period.

Segment Analysis

The global perilla extract market is dominated by the dried perilla leaf segment, which accounts for around 60% of the overall market share. This is because dried perilla leaves have wide application in traditional Asian cuisines for their flavor enhancing properties. They are used for making soups, stews, and other dishes in Korean, Chinese and Japanese cooking. The demand for dried perilla leaves is especially high from South Korea, China and Japan where they are a popular ingredient in traditional dishes.

Key Takeaways
The global Perilla Extract Market Growth is expected to witness high growth over the forecast period of 2024-2031.

Regional analysis shows that the Asia Pacific region currently dominates the global perilla extract market with around 65% market share. Countries like South Korea, China, and Japan are the major consumers as well as producers of perilla extract. This dominance of Asia Pacific is expected to further strengthen going forward driven by growing demand from food & beverage industry in the region for perilla's nutritional and flavor properties.

Key players operating in the perilla extract market are Thales Group, Alstom, Huawei, Hitachi, Siemens, Cisco Systems, IBM, Microsoft, Intel, Qualcomm. Regional analysis shows that the Asia Pacific region currently dominates the global perilla extract market with around 65% market share. Perilla extract has numerous health benefits and is gaining widespread popularity as a superfood. The lucrative opportunities in food & beverage applications are attracting new entrants in the market. Established players are focusing on capacity expansions as well as new product launches to expand their market share.

Check below related articles on this topic: https://www.pressreleasebulletin.com/the-perilla-extract-market-demand/

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