Global Mango Seed Extract Market Size By Type (Organic, Conventional), By Application (Dietary Supplements, Functional Food & Beverages), By Region, And Segment Forecasts, 2023 to 2032

Report Id: 36121 | Published Date: Jun 2023 | No. of Pages: | Base Year for Estimate: Jun 2023 | Format:


The Global Mango Seed Extract Market is projected to witness significant growth, driven by increasing consumer interest in natural and plant-based ingredients across food, cosmetic, and pharmaceutical industries. Mango seed extract, derived from mango kernels, is rich in antioxidants, vitamins, and essential fatty acids, offering benefits for skincare, haircare, and various wellness applications. The demand is fueled by the shift towards sustainable, organic, and functional products, as well as the extract's known properties that aid in anti-aging, skin hydration, and hair strengthening.

Drivers

Rising Demand for Natural Ingredients: The global trend toward clean-label products with minimal synthetic additives drives demand for mango seed extract in the cosmetics and food industries.

Expanding Applications in Cosmetics: Mango seed extract's anti-aging and moisturizing properties make it highly sought after in skincare formulations.

Health and Wellness Trends: Increased awareness of the health benefits of mango seed extract in improving heart health, immunity, and digestion encourages its use in nutraceuticals.

Restraints

High Processing Costs: Extracting mango seed oil or powder can be costly, potentially impacting its price in the end market.

Seasonal and Regional Production Variability: Limited geographic regions produce mangoes on a commercial scale, affecting raw material availability and market stability.

Opportunity

Growing Demand for Sustainable and Organic Products: Consumer preference for eco-friendly and organic products presents lucrative opportunities for mango seed extract producers to expand their market presence.

Potential in Dietary Supplements: Mango seed extract has untapped potential in the dietary supplement market due to its antioxidant and health-boosting properties.

Market by System Type Insights

Based on form, Mango Seed Oil is anticipated to lead the market due to its high demand in personal care products, where it is used for skin and hair applications. Meanwhile, Mango Seed Powder is gaining traction as a dietary ingredient, valued for its fiber content and digestive health benefits.

Market by End-use Insights

The Cosmetics and Personal Care segment dominates the market, leveraging the anti-aging and moisturizing effects of mango seed extract. The Nutraceuticals segment is also expected to witness rapid growth, driven by rising demand for plant-based supplements.

Market by Regional Insights

Asia-Pacific holds the largest market share, with countries like India being major producers of mangoes, supporting local production of mango seed extract. North America is expected to show high growth due to rising consumer demand for natural wellness products.

Competitive Scenario

Key players in the Global Mango Seed Extract Market include Archer Daniels Midland Company, Pharmachem Laboratories, Specialty Biotech, Indena S.p.A., and Green Labs LLC. These companies focus on expanding product applications, developing organic certifications, and leveraging strategic partnerships to enhance market presence.

Scope of Work – Global Mango Seed Extract Market

Report Metric

Details

Market Size (2023)

USD 750 million

Projected Market Size (2031)

USD 1.3 billion

CAGR (2023-2031)

7.1%

Key Segments by Form

Mango Seed Oil, Mango Seed Powder

Key Segments by End-Use

Cosmetics & Personal Care, Nutraceuticals, Food & Beverage

Leading Region

Asia-Pacific

Key Market Drivers

Rising demand for natural ingredients, health and wellness trends

Key Opportunities

Growth in sustainable products, expansion in dietary supplements

Key Market Developments

2023: Specialty Biotech launched an organic certified mango seed oil for premium skincare products in the U.S.

2024: Indena S.p.A. entered a strategic partnership with a nutraceutical brand to develop dietary supplements enriched with mango seed extract.

2025: Pharmachem Laboratories introduced a water-soluble mango seed powder variant to cater to the functional beverage market in Europe.

FAQs

What is the current market size of the Global Mango Seed Extract Market?

The Global Mango Seed Extract Market is valued at approximately USD 750 million in 2023.

What is the major growth driver of the Global Mango Seed Extract Market?

The key driver is the rising demand for natural ingredients across cosmetics, food, and nutraceutical industries, along with the growing interest in sustainable products.

Which is the largest region during the forecast period in the Global Mango Seed Extract Market?

Asia-Pacific holds the largest share due to high production and consumption of mangoes, which supports the extraction industry.

Which segment accounted for the largest market share in the Global Mango Seed Extract Market?

The Cosmetics and Personal Care segment leads, driven by the extract's benefits in skincare and haircare applications.

Who are the key market players in the Global Mango Seed Extract Market?

Key players include Archer Daniels Midland Company, Pharmachem Laboratories, Specialty Biotech, Indena S.p.A., and Green Labs LLC. 

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