Functional Food and Cosmetics Fuel Growth: Sea Buckthorn Market Set for Remarkable Expansion to reach USD 1,025 Million by 2034 - Future Market Insights, Inc.

The market is set to register a CAGR of 10.1% over the period from 2024 to 2034. As functional foods become more commonplace, the sea buckthorn market benefits. The ability of sea buckthorn to be blended and molded into juices, shakes, and pies, among others, is lending the product significant growth prospects.

By 2034, the market is set to acquire a valuation of US$ 1,025 million. Apart from food, the use of the product in cosmetic products is set to add considerable value to the market. As the cosmetic industry switches towards organic ingredients, sea buckthorn is a prominent example of the type of ingredient being preferred by consumers.

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As part of its functionality in food, sea buckthorn is also finding notable application in dietary supplements. As dietary supplements become more common, due to a combination of factors like the aging population and more people taking up sports, sea buckthorn's use in them is supposed to grow. 

"While the market faces some obstacles, like improper supply of raw material on occasion, the overall prospects of it are positive. Use of sea buckthorn for the making of alcoholic drinks is filled to the brim with potential for investors," says Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.).

Key Takeaways from the Sea Buckthorn Market

Competition Analysis of the Sea Buckthorn Market 

The market is diverse, as companies of all scales have room to thrive. Partnerships are common in the sector, especially with companies in end user industries. Some of the prominent companies in the market include SeabuckWonders, Wellsash, W.S. Badger Company Inc., and Natures Aid Ltd.

Recent Developments in the Sea Buckthorn Market

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About the Author:

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.

She has exceptional analytical skills and often brings thought leadership to the table.

Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results. Another feather to her cap manifests in the form of process automation. She is vocal about bringing automation to the fore to bring a 360-degrees-round revolution in manufacturing sector

Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor's Degree in Electrical Engineering from Nagpur University, India.

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.

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