Global Hibiscus Flower Powder Market Size, Trends & Growth Opportunity, By Nature, By Distribution Channel, By Application, By Region and forecast till 2027.
Global Hibiscus Flower Powder Market
Global Hibiscus Flower Powder Market was valued at USD 121.4 million in 2021 and would climb to USD 197.0 million by 2027 at a CAGR of 6.8% from 2022-2027.
Hibiscus, also referred to as China Rose, is a lovely red bloom. When used topically, hibiscus flower powder encourages hair regrowth and delays hair ageing. Hibiscus powder can be used to treat a variety of conditions, including piles, menorrhagia, diarrhoea, and high blood pressure. Additionally, hibiscus flower powder has effective laxative qualities.
Reputable cultures have employed hibiscus as a treatment for a variety of ailments. Egyptians used hibiscus flower tea as a diuretic to increase urine production, to cure heart and nerve disorders, to lower body temperature, and to control blood pressure. In addition, hibiscus flower powder was traditionally used in Africa to cure the symptoms of colds, constipation, liver disease, and cancer. Hibiscus flower powder may help decrease cholesterol and blood pressure, according to recent studies. With more than 70 kinds of the plant that are suitable for human consumption, India is one of the world's major producers of hibiscus flowers. The substance has traditionally been used in this area to address hair-related disorders.
Market Drivers
Growth is anticipated to be positively impacted by the commercialization of the industry, which makes it possible to use the product easily through a variety of personal care items including soaps and shampoos. The market is anticipated to be driven by rising demand for hibiscus flower powder in type 2 diabetes treatment drugs. The growing demand for hibiscus flower powder as a component of herbal drinks and mixes is anticipated to fuel market expansion. The end-users are becoming accustomed to the taste, texture, and tastes of food and beverage products based on hibiscus, which is believed to enhance the growth of the market for hibiscus flower powder during the envisioned time frame.
The primary drivers driving the market's expansion include a greater emphasis on the production of cutting-edge cultivation methods and techniques in response to the spike in demand for hibiscus flower extracts. Additionally, growing areas of applications for this product in cosmetics and skin care products, as well as rising awareness of the health advantages of flower extract, are drivers driving the market's expansion.
Market Restraints
The market growth rate will slow down as worries about the scarcity of raw resources needed to produce flower powder increase. The market for hibiscus flower powder may face difficulties due to a lack of competent workers for pre- and post-harvest tasks. The market expansion for flower powder would be constrained by challenging seasonal conditions.
Market Segmentation
The Global Hibiscus Flower Powder Market is segmented into Nature, Distribution Channel, Application. By Nature, such as Organic, Conventional. By Distribution Channel such as Online (Company-owned Websites, E-commerce Websites), Offline (Specialty Stores [Sports Store/ Franchise Store], Hypermarket/Supermarket, Other [Retail Stores etc.]). By Application such as Food &Beverages, Pharmaceuticals, Personal Care & Cosmetics, Others.
Regional Analysis
The Global Hibiscus Flower Powder Market is segmented into five regions North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. With about 34.5 percent of worldwide revenue in 2019, North America dominated the hibiscus flower powder market. The major drivers of the market expansion in North America are the enormous demand from the food and beverage industry, followed by the pharmaceutical and personal care application industries in the area. One of the major importers of organic goods is Canada and the United States. New growth opportunities are anticipated as a result of medical innovations that utilise natural substances in the production of pharmaceuticals. The Asia Pacific area is anticipated to become one of the main locations for the product's manufacturing. The market for hibiscus flower powder in the region is anticipated to be driven by the sizeable cultivation lands spread across developing countries and the region's suitable climate for hibiscus production.
Key Players
Various Key Players are listed in this report such as Bio Organic, Herbeno Herbals, The Republic of Tea,Traditional Medicinals, Bio Actives, Wild Hibiscus Flower Co., Rena Beverage Solutions, Fortune Health Care.
Market Taxonomy
By Nature
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