Yarrow Market Share, Size, Trends, Industry Analysis Report, By Form (Powder and Liquid Extract); By End-Use; By Sales Channel; By Region; Segment Forecast, 2024 – 2032

Yarrow Market Share, Size, Trends, Industry Analysis Report, By Form (Powder and Liquid Extract); By End-Use; By Sales Channel; By Region; Segment Forecast, 2024 – 2032

The global yarrow market size is expected to reach USD 743.99 million by 2032, according to a new study by Polaris Market Research. The report “Yarrow Market Share, Size, Trends, Industry Analysis Report, By Form (Powder and Liquid Extract); By End-Use; By Sales Channel; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The widespread use of yarrow extracts and essential oils in the beauty and personal care industry due to their potential skincare benefits and significant use in traditional medicine systems like Traditional Chinese Medicine & Ayurveda and rising investments towards exploring yarrow’s health benefits and therapeutic properties, which leading to the development of various new types of products and treatments, are among the leading factors fostering the demand and growth of the global market at significant rate.

For instance, in April 2023, Univar Solutions, announced the expansion of its exclusive distribution agreement with the Angus Chemical. Its portfolio of natural botanical extracts include yarrow, leaf, rosemary leaf, & sage leaf.

In the last few years, with the continuously increasing consumer preferences and rising adoption of organic and sustainable products around the world, many yarrow producers are looking for organic farming practices and sustainable cultivation methods that mainly include practices such as crop rotation, reduced pesticide use, and water conservation to meet the emerging consumer consumption trends and patterns.

Furthermore, the product has been gaining huge traction and popularity all over the world in the recent years, as it is one of the most powerful natural astringents available and helps in shrinking the skin and promotes skin healing, that are extremely beneficial for people suffering from acne, oily skin, and scarring, thereby, use of yarrow across different industries have grown drastically particularly in regions with Northern Hemisphere like North America, Asia, & Europe.

Thus, with the growing incidences of skin diseases and rising number of people suffering from skin issues like acne, oily skin, and scarring, resulting in increased demand for yarrow to treat such kind of diseases. For instance, as per WHO, skin diseases are common diseases of human health afflictions & impact around 900 Mn people across the globe.

Yarrow Market Report Highlights

Powder segment accounted for noteworthy share, on account of its widespread use in several herbal supplements, culinary dishes, cosmetics, and skincare formulations

Healthcare segment held the majority market share, which is mainly driven by growing investments in R&D activities or efforts in the healthcare sector

E-commerce segment will grow at fastest pace, mainly attributed to increased mobile and internet penetration and emergence of several new online shopping channels

North America dominated the global market, owing to region’s well-established healthcare infrastructure and exponential growth in herbal or botanical industry

The key market players include Amphora Aromatics, Penta Manufacturing, Good Scent Company, Starwest Botanicals, NHR Organic Oils, and Bristol Botanicals

Polaris Market Research has segmented the yarrow market report based on form, end-use, sales channel, and region:

Yarrow, Form Outlook (Revenue - USD Million, 2019 - 2032)

Powder

Liquid Extract

Yarrow, End-Use Outlook (Revenue - USD Million, 2019 - 2032)

Healthcare

Cosmetics

Food & Beverages

Yarrow, Sales Channel Outlook (Revenue - USD Million, 2019 - 2032)

Specialty Store

Direct Store

E-commerce

Others

Yarrow, Regional Outlook (Revenue - USD Million, 2019 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa