Red Spinach Extract: Market outlook
Red spinach is a natural food that provides a rich source of nitrates, is helpful in hemodynamics, cardiovascular function, and has a natural hypotensive and antianginal effect. Red spinach extract is an excellent source of potassium-filled nutrition besides being high in nitrate with a uniform 9.0% nitrate concentration.
In recent research, red spinach extract has proved effective in acute exercise results. The sufficient level of nutrient content in red spinach extract provides the body with adequate levels of nutrients equivalent to any form of functional food, energy drinks, beverage powders, or nutritious sports goods.
Naturally, red spinach extract is rich in nitric oxide enhancing compounds that improve strength, increase stamina, and reduce fatigue. Due to their game-changing effects on athletic performance, demand for nitric oxide boosting ingredients, particularly red spinach extract, is increasing rapidly.
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Red Spinach Extract to Be a Potential Alternative for Beet Extracts
In the market for sports-nutrition, interest has grown in ingredients such as beets and red spinach extract that help raise the levels of nitric oxide in the body to increase blood flow and thus help athletes work longer and harder.
Beet-derived ingredients have created much interest because of the high nitrate content of the vegetable. Nutritional Outlook earlier in 2019 referred to two newer beet-juice products, including one directly targeting the sports-nutrition industry. But beets can get tough competition from red spinach extract in the sports-nutrition market.
Reports suggest that red spinach extract contains more nitrates than beets and according to a study, the dosage of a single red spinach extract supplement elevated nitrate levels in individuals after just an hour of intake — and that levels of nitric oxide remained raised for 8 hours. Red spinach extract can outperform beets on the nitrate front, according to PLT Health Solutions, a sports-nutrition supplier.
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Growing Health and Wellness Trends, Rise in Food Fortifications and Change in Commute Patterns will Drive Growth
Consumers have become quite a health conscious and the majority of them spend a significant portion of their disposable income on fitness and well-being. They have also become increasingly aware that along with exercise, a proper diet is necessary to achieve physical fitness. Food fortification is the enrichment of everyday foods with essential proteins, vitamins, and minerals.
Consumer’s unhealthy eating habits and inadequate intake of nutrition is a result of various factors such as the rising incidence of lifestyle-related diseases and weight management. High protein foods aid in maintaining consumer health. Red spinach extract products in the form of sports-nutrition are gaining popularity among consumers. Thus, the trend of food fortification is rising, which will in turn support the expansion of the red spinach extract market.
Another factor that is expected to fuel the growth of the red spinach extract market is the recent trend of eco-friendly commute. This trend is specifically visible in the developed countries and metropolitan cities wherein people tend to ride bicycles to work or any other destination. This global trend indirectly caters to the demand for red spinach extract as nutrition.
With the popularity of sports growing day by day in the East, sports academies, sports clubs, and training facilities are increasing in numbers to take in the sports enthusiasts and train them. Thus, growing interest in sports, especially in developing nations, is bound to drive the growth of the red spinach extract market.
Red Spinach Extract: Market Segmentation
On the basis of applications, red spinach extract can be segmented as:-
- Nutritional Supplements
- Functional Food
On the basis of distribution channel, red spinach extract can be segmented as:-
- Convenience Stores
- Specialty Stores
- Discount Stores
- E Retailers
Global Red Spinach Extract Market: Key Players
Key players engaged in global red spinach extract market are PLT Health Solutions, Arjuna Natural Extracts Ltd., Barlowe's Herbal Elixirs, Nuvital, Victory Endurance, HealthyHey Nutrition, Xi'an Tian Guangyuan Biotech Co., Ltd. and other players.
Opportunities for Market Players Operating in Red Spinach Extract Market
Electronic technologies are continuously and increasingly deployed throughout the supply chain of red spinach extract products. E-Commerce has become an important platform that has benefited both manufacturers and consumers. The manufacturers of red spinach extract products can promote and sell their products on a global platform and can connect with a much broader consumer base through online retailing.
Strategic sponsorships will offer latent opportunities to red spinach extract market players. Tie-ups with gyms and expert recommendations do help but, in this day, and age promoting products through content video, paid partnerships, event sponsorships, and publicity stunts gather a lot of eyeballs.
Red spinach extract can be non-GMO, Kosher, and Halal certified. The companies can offer red spinach extract that has quality certifications and claims which will increase demand and improve the market value.
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4. Which regions might see the demand maturing in certain segments in near future?
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