Global Mediterranean Fruit Extracts Market - 2024-2031

Overview

The Global Mediterranean Fruit Extracts Market reached US$ 11.5 billion in 2023 and is expected to reach US$ 20.6 billion by 2031, growing at a CAGR of 7.5% during the forecast period 2024-2031.

The Global Mediterranean fruit extracts market is witnessing significant growth, driven by increasing consumer awareness of health and wellness, a rising preference for natural ingredients in food and beverages and a growing trend towards plant-based products. The primary drivers of the Mediterranean fruit extracts market is the growing demand for nutraceuticals and functional foods. Consumers are increasingly seeking products that offer health benefits beyond basic nutrition, such as immune support and anti-inflammatory effects.

For instance, in 2023, new pharmacokinetic study revealed a potential mechanism of action responsible for the gut health benefits associated with a pomegranate extract branded as Pomella by Verdure Sciences. The study was conducted by the National Center for Natural Products Research (NCNPR) at the University of Mississippi. Using ultra-high performance liquid chromatography-tandem mass spectrometry (UHPLC-MS/MS), the researchers investigated the metabolism of Pomella extract with an emphasis on the major polyphenol punicalagin, which is an ellagitannin.

Additionally, the cosmetics industry, Mediterranean fruit extracts, such as those derived from grapes and olives, are incorporated into skincare products for their anti-aging properties and ability to hydrate and nourish the skin. Global Mediterranean fruit extracts market is poised for substantial growth, fueled by a confluence of health trends, a demand for natural ingredients and the versatility of these extracts across various applications.

For instance, olive fruit extract (OFE) has anti-inflammatory properties and may help protect against protein denaturation. It may also have antioxidant properties; OFE is rich in fatty acids, squalene and vitamins A and E, which can protect the skin from free radical damage and OFE can protect against heat-induced albumin denaturation. This suggests that OFE contains antioxidant polyphenolic compounds.

Dynamics

Rising Expansion of the Cosmetics and Personal Care Industry

The rising expansion of the cosmetics and personal care industry significantly drives the demand for Mediterranean fruit extracts, as these natural ingredients are increasingly favored for their beneficial properties. Consumers are becoming more conscious of the ingredients in their personal care products, opting for formulations that are both effective and derived from natural sources. Mediterranean fruit extracts, such as pomegranate, fig and olive, are known for their antioxidant, anti-inflammatory and moisturizing properties, making them attractive options for skincare and cosmetic formulations.

For instance oriental Beauty Fruits Newplex (OBFN) is a plant complex containing extracts from 4 types of fruit: pomegranate, fig, mulberry and ginkgo. All of these fruits have traditionally been used to enhance the beauty of Asian ladies. OBFN is processed by low temperature ultrasonic extraction method to prevent thermal damage of active compounds. OBFN shows excellent anti-aging efficacy by scavenging free radicals and reducing wrinkle formation.

Additionally, use of pomegranate extract, renowned for its anti-aging benefits, has become popular in serums and moisturizers targeting mature skin. Similarly, olive oil, a staple of Mediterranean beauty traditions, is frequently incorporated into hair care products for its nourishing and hydrating properties.

For instance, according to an article published in Botanical Formulations, 2023, stated that, pomegranate extract has anti-inflammatory properties, which can help soothe and calm irritated skin and reduce redness and inflammation. The study by Stefanou (2020) investigated the anti-inflammatory properties of pomegranate and its bioactive compounds.

Demand for Plant-Based Ingredients

The rise in veganism and the growing awareness of plant-based diets are major drivers behind the increasing use of Mediterranean fruit extracts. These extracts, derived from fruits like pomegranates, figs, olives and citrus, are rich in antioxidants, vitamins and minerals, making them ideal for use in plant-based foods, beverages and dietary supplements. Consumers are actively seeking alternatives to synthetic and animal-derived ingredients, pushing manufacturers to innovate and incorporate more plant-based solutions into their product offerings.

Additionally, the global shift towards sustainability is enhancing the appeal of plant-based Mediterranean fruit extracts in the market. These extracts are perceived as environmentally friendly, aligning with the eco-conscious choices of modern consumers. As a result, the market is witnessing a surge in the incorporation of Mediterranean fruit extracts in natural food products and health supplements, where plant-based ingredients are in high demand.

High Production Costs

High production costs are a significant restraining factor for the Mediterranean fruit extracts market, as they can limit accessibility and affordability for both manufacturers and consumers. The extraction process for these fruit extracts often involves advanced techniques such as cold pressing, solvent extraction or supercritical fluid extraction, which require specialized equipment and expertise.

For instance, the cold-pressing method used for extracting olive oil, a popular Mediterranean fruit extract, can be particularly expensive due to the need for high-quality olives and the energy-intensive nature of the process. The cost of investing in an olive oil production plant depends on the size of the plant. A small-scale plant for home use can cost between $100,000 and $200,000.

Additionally, the price of the fruits used for extraction can fluctuate based on seasonal availability, quality and region. For example, high-quality pomegranates or olives may cost significantly more than their lower-quality counterparts. Prices can range from $1 to $5 per kilogram for these raw materials, depending on the market conditions. These costs can limit the accessibility and growth of the market, especially for smaller producers and startups. Thus, above factors restrain the market growth.

Segment Analysis

The global mediterranean fruit extracts market is segmented based on type, nature, extraction method, form, application, distribution channel and region.

Increasing Consumer Demand for Natural and Organic Skin Health Products

The Cosmetics and Personal Care segment significantly boosts the Mediterranean fruit extracts market due to the increasing consumer demand for natural and organic products that offer skin health benefits. For instance, olive oil extracts, rich in antioxidants and fatty acids, which have become a staple in moisturizing creams, serums and hair care products. The hydrating and anti-inflammatory properties of olive oil help nourish the skin, making it a popular ingredient in formulations aimed at combating dryness and aging.

According to an article in 2023, Portuguese researchers have found chemical and rheological benefits of a semi-solid paste (SSP) derived from olive pomace extraction. They developed a facial mask with moisturizing and antioxidant properties containing SSP. The lipid fraction of this new ingredient is a source of antioxidants (such as vitamin E) and hydrosoluble compounds (such as phenolics) that protect the skin against oxidative stress. The 5% SSP-containing mask showed a 17-fold increase in total phenolic content compared to the base mask.

Additionally, pomegranate extracts are another example, renowned for their anti-aging properties due to their high levels of punicalagins and anthocyanins. These compounds help protect the skin from oxidative stress and support collagen production. For instance, in 2024, a study published in the journal PLOS ONE describes the effectiveness of pomegranate peel extract in restoring the skin microbiota homeostasis through its antimicrobial action against Staphylococcus aureus. Potent antioxidant, anti-inflammatory and antimicrobial activities of pomegranate peel-derived phenolic compounds, including catechin, quercetin, vanillic acid and gallic acid, might be responsible for observed skin benefits.

Geographical Penetration

Consumers Become More Health-Conscious in Asia-Pacific

The Asia-Pacific region is significantly boosting the Mediterranean Fruit Extracts market, driven by changing consumer preferences, growing health consciousness and the rising demand for natural ingredients across various sectors, including food and beverages, cosmetics and nutraceuticals. The nutraceutical market in the Asia-Pacific region is witnessing a surge in the incorporation of Mediterranean fruit extracts, particularly in dietary supplements.

For instance, according to the Ministry of Food Processing Industries India, estimated that India's nutraceutical market is prepped to be a global leader at US$ 4-5 billion. It is expected to grow approximately US$ 18 billion by 2025. According to a Nutrition and Dietary Supplements study, many ingredients can be included in daily diet to gain immunity or protection against coronavirus. Polyphenols, leguminous seeds containing plant protease inhibitors, as well as proteins, such as whey protein could be incorporated into the daily diet.

Additionally, the demand for Mediterranean fruit extracts like pomegranate and citrus is growing as consumers become more health-conscious and seek functional foods that offer health benefits. For instance, the increasing popularity of pomegranate juice and extracts in smoothies and health drinks in countries like India and Australia highlights this trend. Thus region continues to evolve in its consumption patterns and the demand for Mediterranean fruit extracts is expected to expand.

Competitive Landscape

The major global players in the market include Kerry Group, Lipoid-Kosmetik, DOHLER Group, Sabinsa, Inolex, Inc., HERBAL CREATIONS, Citromax Group, DSM Firmenich, Himrishi Herbal, James Wild Herbs, Artic Light Products AS and NWC Naturals Inc.

Sustainability Analysis

The sustainability analysis of the global Mediterranean fruit extracts market highlights the market's alignment with eco-friendly practices and the increasing demand for natural, responsibly sourced ingredients. Mediterranean fruit extracts, derived from fruits such as pomegranates, olives, figs and citrus, are considered environmentally sustainable due to the agricultural practices typically used in Mediterranean regions, which often emphasize biodiversity and low-impact farming.

Consumers are becoming more conscious of the environmental impact of their choices, leading to a preference for plant-based and sustainably sourced ingredients. This is particularly evident in the food, beverage and cosmetic industries, where clean-label and natural products are increasingly sought after. The cultivation of Mediterranean fruits usually involves fewer synthetic pesticides and fertilizers, contributing to reduced environmental harm, which further strengthens the appeal of these extracts in the market.

By Type

• Olive Extract
• Pomegranate Extract
• Almond Extract
• Apricot Extract
• Others

By Nature

• Organic
• Conventional

By Extraction Method

• Cold Pressed
• Solvent Extraction
• Steam Distillation
• Enzyme-Assisted Extraction

By Form

• Capsules/Tablets
• Powder
• Liquid
• Others

By Applications

• Nutraceuticals
• Food and Beverage
• Cosmetics and Personal Care
• Pharmaceuticals
• Others

By Distribution Channel

• Supermarkets/Hypermarkets
• Specialty Stores
• E-Commerce
• Others

By Region

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
• Middle East and Africa

Key Developments

• On August 31, 2023, Euromed launched its latest range of products featuring functional Mediterranean fruit and vegetable extracts at this year's Vitafoods Europe event. This new collection includes sustainably sourced lemon extracts, all processed using the innovative Pure-Hydro Process that employs water-only extraction technology. This method preserves the natural integrity of the ingredients while eliminating any undesirable residues from organic solvents.
• On October 7, 2021, Spain-based Euromed announced the launch of two new products this month, enhancing its Mediterranean botanical line. The company is introducing Wellemon, a lemon extract and Spisar, a spinach extract, at trade shows across Europe and US.

Why Purchase the Report?

• To visualize the global mediterranean fruit extracts market segmentation based on type, nature, extraction method, form, application, distribution channel and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of the global mediterranean fruit extracts market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The global mediterranean fruit extracts market report would provide approximately 78 tables, 77 figures and 202 pages.

Target Audience 2024

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies