LONDON--(BUSINESS WIRE)--SpendEdge, a global procurement market intelligence firm, has announced the release of their Global Ginkgo Biloba Extract - Procurement Market Intelligence Report. Ginkgo biloba extract benefits include improved cognitive ability, memory, and blood circulation. Such benefits have prompted the increasing incorporation of the ginkgo biloba extract in beverages such as energy drinks, which is subsequently accelerating the spend growth momentum of the ginkgo biloba extract market.
“One of the important category management strategies for the buyers includes the analysis of the purity of the extract during the procurement process since adulterating the extract with other products tends to hamper its beneficial properties,” says SpendEdge procurement expert Angad Singh.
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SpendEdge’s procurement market intelligence reports for the agro commodities and raw materials category offers a comprehensive coverage of the ginkgo biloba extract category and supplier performance metrics. The reports offer insights on supplier performance benchmarking criteria to help buyers achieve their procurement goals. Additionally, SpendEdge’s reports provide insights on the sustainability and procurement best practices for the category.
The procurement experts at SpendEdge expect the following factors to play a key role in influencing the global category spend for the ginkgo biloba extract market.
- Numerous ginkgo biloba extract benefits are prompting the extensive usage of the extract in health drinks.
- Increased preventive healthcare is boosting sales of ginkgo biloba extract-infused health supplements.
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Report scope snapshot: Gingko Biloba Extract Market
Cost-saving opportunities
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