Report Study | Impact of COVID-19 on the Global Olive Supplements Market

CITY, Country, 2021-Feb-24 — /EPR Network/ —

Olive is a traditional health medicine as it holds significant health benefits. Numerous researches shows that oleuropein, the key content in olive leaf extract has antibacterial, anti-inflammatory, antimicrobial, antioxidant, and immune-stimulating properties. The rigorously growing pharmaceutical industry is expected to create a lucrative opportunity for the olive supplements market in the forecast period. The increasing demand for vegan health supplements is further fueling the market growth at a greater extent. Several potential health benefits of olive supplements such as lowering blood pressure and cholesterol, are expected to propel the market growth in the forecast period. Olive supplements help to improve insulin secretion in cells, which is essential for type-2 diabetes patients. Globally, an increasing concern for diabetes is also boosting market growth significantly. Moreover, the availability of oleuropein can protect against Parkinson’s and Alzheimer’s disease, which is further fueling the market growth.

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Global Olive Supplements Market Likely to Register a Lower-digit CAGR over the Forecast Period

The global market of olive supplements is likely to increase in the forecast period because of its three primary benefits including prevention from weight gain, blood pressure, and cholesterol. According to Fact.MR, its market is likely to grow at a lower-digit CAGR (compound annual growth rate) in the forecast period. North America dominated the global market for olive supplements markets in 2018. Europe and East Asia regions are expected to witness a sizable rise in the overall sales of olive supplements markets. Countries including Singapore, the US, Japan, China, and India among others are expected to propel the demand for olive supplements over the forecast period. Prominent companies are significantly contributing to the production of various form of olive supplements mainly liquid powder and soft-gel, thereby boosting the growth of the olive supplements market globally.

Pharmaceutical Industry Likely to Create Lucrative Opportunity for the Olive Supplements Market

Nowadays, organic supplements have begun to make their way in the medical prescription. The increasing demand for the certified organic supplement is anticipated to grow in the forecast period, owing to the harmful side effects of conventional supplements. Additionally, inactive lifestyle is also helping the olive supplements market to grow significantly. The significant shift towards natural therapies has increased the consumption of olive supplements in the past few years. However, consuming olive supplements more than specified quantity can develop possible mild side effects such as headache and stomach pain.

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Global Olive Supplements Market Segmentation

The global olive supplements market can be segmented into type, nature, consumer orientation, sales channel, form, and packaging type. By the type of the olive supplements, the global market can be categorized into metal olive fruit extract, olive leaf extract. The global olive supplements market can be segmented by its nature such as organic and conventional. By the form of olive supplements its market can be segmented into liquid, capsules, powder, soft-gel, and others. By consumer orientation, the global olive supplements markets can be segmented into men, kids, women, and unisex. The global olive supplements market can be segmented by its sales channel including drug store, health and beauty store, modern trade channel, direct selling, and online retailers. In the packaging type segment, the olive supplements market can be segmented into bottle, bulk and tetra packaging. The global olive supplements market can be segmented on the basis of the geographical region such as North America, Latin America, Europe, South Asia, East Asia, Oceania, Middle East & Africa (MEA), and Emerging Countries.

Global Olive Supplements Market – Key Players

The global market for olive supplements comprises several developers, who are primarily converging on developing advance version of the olive supplements markets mainly for pharmaceutical products. The companies engaged in the manufacturing and distribution of the olive supplements markets are focused on expanding their business footprint by enhancing  product portfolio related to olive supplements markets. Some key market participants are Now Foods, Nature’s Way Products, LLC., Only Natural Inc., Comvita, Healths Harmony, Allan Chemical Corp., SigForm, Centra Foods, New Roots Herbal Inc., Naturalin Bio-Resources Co., Gundry MD, Innovite Health, Naravis among other prominent players.

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