Forskolin Market To Incur Value Growth At 8.0% CAGR During 2018-2026
Verfasser: yogesh on Thursday, 6 December 2018Persistence Market Research (PMR) delivers key insights on the global forskolin market in its upcoming outlook, titled, ‘Forskolin Market: Global Industry Analysis 2013-2017 and Forecast 2018-2026‘. In terms of value, the global forskolin market is projected to register a healthy CAGR of 8.0% during the forecast period, due to various factors, regarding which, PMR offers vital insights in detail.
High Propensity for the Weight Management Segment in the Forskolin Market
On the basis of application type, the weight management segment is expected to maintain its dominance in the forskolin market, with a significant CAGR of 7.7% during the forecast period. The increased consumption of unhealthy high-calorie food has resulted in an inflated rate of obesity among children and adults in recent years. In North America alone, 34% of children consume unhealthy junk food. Forskolin is a herbal ingredient that helps lose excess weight, which has fuelled the demand for forskolin in the market over the years.
Asia Pacific to Witness Predominant Growth in the Forskolin Market