What is Kava Extract Market?
Kava is available as a drink, a supplement, or an extract. The root is traditionally crushed, ground, or powdered and soaked in water before being drank as a tea. Throughout the South Pacific Islands, this tea is frequently consumed socially and as part of traditional ceremonies and cultural traditions. Kava is a popular social drink in the South Pacific. It is served as a beverage during rituals to promote relaxation. There have been some questions about kava's safety. Kava consumption has been linked to liver damage and even death in rare cases. Kava was removed from the market in Europe and Canada in the early 2000s as a result of these findings. Since then, most countries have permitted kava to resurface on the market. In the United States, kava has never been taken off the market.
The market study is being classified, by Application (Food Additives and Medicines & Health Care) and major geographies with country level break-up.
Botanica (Canada), Kava King Products (United States), Taos Herb Company (United States), Natural Factors Inc. (United States), Best Nutrition Product Inc. (United States), Kona Kava Farm (United States), GR Herbal (India), Bolise Co., Limited (China), Root of Happiness (United States), Standard Process Inc. (United States) and Nutragreenlife Biotechnology Co.Ltd. (China) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Kava Extract market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Kava Extract market by Type, Application and Region.
On the basis of geography, the market of Kava Extract has been segmented into South America (Brazil, Argentina, Chile, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Singapore, Indonesia, Thailand, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Spain, Sweden, Belgium, Finland, Denmark, Russia, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- The Demand is increasing due to its Use in Cosmetic and Pharmaceutical Industry
- Increased Consumer Demand for Transparency & Traceability Benefitting Kava Root Extract
- Kava Extract Powder Is Used As Herbal Remedy
- Increasing Number of Side Effects Associated
- Kava is Illegal in Some Countries
- Rising Availability in Health Food Stores and Through Online Channels
- Kava can be Purchased as long as itís in Personal Amounts (no wholesale orders allowed without registering with officials)
German regulators banned the sale of all kava products in 2002 because of concerns about hepatotoxicity. In the United States, the Food and Drug Administration (FDA) published a consumer advisory and letter to health care providers in 2002. The FDA warned about hepatotoxicity associated with kava use and urged consumers and providers to report any cases of liver injury to the FDA. The FDA did not provide standards for kava varieties, plant parts, solvents, or maximum doses or durations of use. In Australia, the Therapeutic Goods Administration set kava quality standards related to plant parts, extraction media, and treatment modalities. Australian regulators also restricted kavalactone consumption to 250 mg/day from aqueous extracts.
Key Target AudienceManufacturers of Kava Extract, Suppliers of Kava Extract, Wholesalers, Distributors and Retailers of Kava Extract, Healthcare Industry, Regulatory Bodies and Others
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the Kava Extract Market?
"The Demand is increasing due to its Use in Cosmetic and Pharmaceutical Industry
" is seen as one of major growth factors of Kava Extract Market in years to come.
2. Can we have customized study for Kava Extract Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. Which region will lead the Global Kava Extract Market?
United States will lead Kava Extract Market in coming years.