Wild Yam Powder Market Overview
Wild yam powder market is expected to experience mounting demand as a result of advancing pharmaceutical industry. Numerous health benefits of wild yam powder including influence on hormones balance which is benefiting conditions like vaginal dryness, low libido, premenstrual syndrome, osteoporosis, hot flashes and menstrual cramps in young women.
Wild yam is grown with nearly 600 species globally, some species are growth with respect to application specific and are taken care of plantation accordingly.
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For instance, wild yam used as source of diosgenin for research laboratories for use of manufacturing steroids requires special care to be taken while growing.
Out of nearly 600 species only 12 wild yam species are considered for consumption in various form. Wild yam is also known as “Colic Root” as it is vine native to North America’s villosa species. Root of wild yam plants are used for extraction of wild yam powder. Usage of these powder at time of pregnancy is strictly prohibited
Furthermore, cream made out of wild yam powder finds its usage in pharmaceutical industry, backed by its usage in estrogen replacement therapy for symptoms such as hot flashes and night sweet.
In addition to health benefits wild yam powder are also considered as best choice for skin health. Wild yam powder which is extracted from wild yam’s root are used in anti-aging creams as result of its capability of creating favorable conditions for growth of new skin cells. However, choosing of proper wild yam powder with composition is dependent on type of application.
External climatic conditions such as temperature and moisture content are also considered as an important factors which are having significant impact on characteristics of wild yam powder with respect to application. Aforementioned factors to facilitate numerous growth opportunities for wild yam powder market over the forecast period (2020-2030).
Global Wild Yam Powder Market is Experiencing Downturn in Demand as COVID-19 Outbreak
nCoV has not only shattered the movement of the people but also the production and trade of the major products in the market. Halted production activity has resulted in eroding demand for wild yam powder during these pandemic. For the market to resurrect to its original form, production and planting activities should restart at force which is possible post 4th quarter of FY2020.
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Wild Yam Powder Market Segmentation
Global wild yam powder market is bifurcated into three major categories: type, application and region.
On the basis of type, the global market for wild yam powder is divided into:
- 6%-90% Diosgenin
- Above 90% Diosgenin
On the basis of process, the global market for rubber repair adhesive is divided into:
- Hot Bond
- Cold Bond
On the basis of application, the global market for wild yam powder is categorized as:
- Health Supplements
Based on the region, the global market for rubber repair adhesive is segmented as:
- North America
- Latin America
- East Asia
- South Asia
- Middle East & Africa
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