Forskolin Market Outlook: Forskolin is a supplement obtained from Coleus forskolin which is commonly originated in India, Nepal, and Thailand. Forskolin has long been in medicines and the supplement form is now used to treat glaucoma, heart disease, respiratory problems, psoriasis, cardiovascular disorders, hypothyroidism, and asthma. Various recent studies have also shown forskolin’s effectiveness with weight loss as well. Forskolin boosts the production of cAMP, a special molecule that increases the production of certain enzymes such as hormone-sensitive lipase (HSL) which is responsible for the breakdown of fat in the human body.
Emerging as the Replacement for Xanthan Gum, Forskolin is Generating Demand from Various Industries – According to the World Health Organization, 13% of the global adult population is suffering from obesity and overweight issue in the year 2016. Obesity issues and health problems are directly connected to poor dietary choices. An increasing number of individuals and children with health issues has played a significant role in the consumers’ attention toward ingredients used in supplements and various food products. Forskolin is known to promote appetite fullness when consumed, thus helping in weight loss. Due to the change in consumers’ perception seeking to try natural and healthier products, the demand for Forskolin is increasing at a rapid rate. The consumer awareness about the ingredients in the products that they consume has also promoted the use of plant-based dietary supplements. Xanthan gum has been known to have side effects and also its use is to be limited as per regulations. The Forskolin being a natural product is thus replacing the use of xanthan gum as a food additive.
Forskolin Market: Market Segmentation – The Forskolin market is segmented on the basis of end use, application and concentration. By End Use, the Forskolin market is segmented into: Nutraceuticals, Pharmaceutical, Dietary Supplements, Others (Food Processing, Cosmetics); By Application, the Forskolin market is segmented into: Allergy Treatment, Weight Management, Respiratory Problems, Cardiovascular Disorders, Glaucoma, Hypothyroidism, Psoriasis, Others; By Concentration, the Forskolin market is segmented into: Low Concentration (10%), Medium Concentration (20%-40%), High Concentration (95%)
Global Forskolin Market – Key Players: Key market players identified in the global Forskolin market include Wolfson Berg Limited, Sabinsa Corporation, Nutra Green Biotechnology Co., Ltd., Varion Lifesciences Pvt. Ltd., Bioprex Labs, Alchem International Limited, Flavour trove, Cymbio Pharma Pvt. Ltd., Alexa Biotech Pvt. Ltd. among others.
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