Yohimbe is an indole alkanoid derived from the bark of Pausinystalia johimbe evergreen tree found across western and Central African Republic. It is used as a potent treatment against male erectile dysfunction and for enhancing sexual performance. As a dietary enhancement, yohimbine is sold as yohimbine hydrochloride or in retail shops and pharmacies. Yohimbine supplements are restricted in nations such as Australia, Canada, the U.S., and the UK on the grounds that clinical research has brought to light severe side effects associated with the supplement. Yohimbine is utilized in prescriptions for despondency called specific serotonin reuptake inhibitors.
Yohimbe is currently used by numerous individuals for the treatment of sexual issues, diabetic nerve pain, and misery. Another conceivable driver for the Yohimbe bark market is the inventory side advancement of these concentrates as the powerful energizer for dysfunctional erection, a characteristic stimulant, and a pain relief alternative.
COVID-19 Impact Analysis
Pharmaceutical and biotech companies together with governments around the globe are working to address the COVID-19 outbreak, from supporting the development of vaccines to planning for medicine supply chain challenges. Currently, around 115 vaccine candidates and 155 molecules are in the R&D pipeline. Moreover, commonly used drugs such as hydroxychloroquine have witnessed a dramatic surge in demand for the management of COVID-19. Such high demand for these drugs has presented huge opportunities for manufacturers of COVID-19 management drugs, as many developed countries are facing shortage of these drugs. Thus, the pharmaceutical and biotechnology industries are expected to witness a significant growth in the future, owing to the demand for vaccine and treatment drugs for COVID-19. This, in turn, is expected to have a significant impact on the global yohimbine market.
Top Impacting Factors
- Yohimbine market is expected to witness significant growth, owing to reasons increase in use of yohimbine as add-on dietary enhancement. The trend is more likely to be witnessed in regions with higher health conscious population base including North America & Europe.
- Internationally increment has been witnessed in melancholy and tension in grown-ups owing to lifestyle changes and unbalanced work life, which is fueling the demand for yohimbine, which is being utilized as antidepressant. This coupled with rising awareness on sexual education in regions with higher population base is anticipated to drive market growth for yohimbine market.
- However, various countries have prohibited yohimbine use as enhancements, as there are genuine concerns on side effects such as dizziness, sickness, quick heartbeat, and a sleeping disorder.
- Additionally, lack of awareness on the wide array of benefits of yohimbine may further hamper and reduce market penetration in regions with lower economic muscle, inefficient government intervention, and absence of global pharmaceutical players.
Key Market Trends
- North America and Europe dominate the market share. The expanding governmental spending on research and development of yohimbine, expansion in yield of yohimbine concentrate, and improvement in production quality of items having yohimbine concentrates is propelling market in North America and Europe.
- Furthermore, in Asia-Pacific, this concentrate is projected to get a lift in assembling and utilization owing to reasons such as increasing pool of patients suffering from sperm infertility. Additionally, the region is experiencing rise in demand for add on dietary supplements, which is anticipated to drive increase in production of yohimbine.
- Yohimbine extricate is experiencing huge gains in Africa, owing to presence of adequate raw materials in the regions combined with proximity to efficient supply chains and lack of logistical discrepancy.
- Recent study conducted at Cardiff University in 2019 established the fact that a few yohimbine supplements have found to be quite strong and effective supplement alternatives. These include pharmaceutical- grade extract of herb.
- The market for yohimbine as a dietary enhancement is propelling its growth in Oceania region with countries such as Australia and New Zealand, owing to higher disposable income in hand to spend on dietary supplements.
Key Benefits of the Report
- This study presents the analytical depiction of the yohimbine industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the yohimbine market share.
- The current market is quantitatively analyzed to highlight the yohimbine Market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed analysis depending on competitive intensity and how the competition will take shape in the coming years.
Questions Answered in the Yohimbine Market Report
- Which are the leading players active in the yohimbine market?
- How is each segment of the market expected to grow during the forecast period?
- What are the adoption trends for the yohimbine market in emerging economies and established economies across the world?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What future projections would help in taking further strategic steps?
- What are the impacts of COVID-19 in the industry?
- What is yohimbine?
- What is the yohimbine market prediction in the future?
- What are the current trends and predicted trends?
Key Market Segments
- By Product
- Capsule
- Powder
- Softgel
- Other
- By Distribution Channel
- B2B
- B2C
- Online store
- Drug store
- Specialty store
- By End User
- Pharmaceuticals
- Dietary supplements
- Others
- By Region
- North America
- Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa
- Saudi Arabia
- Rest of LAMEA
Key Market Players
- Ultimate Nutrition
- BSN
- Infinite Labs
- BPI Sports
- Top Secret Nutrition
- MuscleTech
- MAN Sports
- FitMiss
- Cellucor
- NutraKey