Hibiscus Flower Powder Market Report Forecast Till 2026 Analysis – Herb Essential, Mesmara Botanics Private Limited, Bio Actives Japan Corporation, Matru Ayurveda

Global Hibiscus Flower Powder Market

Global Hibiscus Flower Powder Market By Packaging Type (Packets, Bags, Cardboard Boxes), Nature (Organic, Conventional), Application (Pharmaceutical, Food & Beverages, Cosmetics, Skin Care, Others), End-Product (Powdered, Tea Bags), Sales Channel (Direct Sales, Indirect Sales, Specialty Stores, Drug Stores, Online, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026

Global Hibiscus Flower Powder Market is expected to rise to an estimated value of USD 170.76 million by 2026, registering a substantial CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the focus on the development of advanced cultivation methods and techniques to meet the growing demands of hibiscus flower extracts.

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Some of the major competitors currently working in the global hibiscus flower powder market are Indus Valley; Herb Essential; Mesmara Botanics Private Limited; Bio Actives Japan Corporation; Matru Ayurveda; Martin Bauer Group; RANSOM NATURALS LTD; Earth Expo Company; Banyan Botanicals; DEVODHYOG FOUNDATION; Blend It Raw Apothecary; Parchem fine & specialty chemicals; Nexira SAS; ANKLAM EXTRAKT GMBH among others.

Market Definition:

Hibiscus flower powder is the solid extract sourced from the hibiscus flower generally available in temperate, sub-tropical and tropical regions globally. Although rarely some flower variants are present in significantly low temperature environments. These flowers are demanded heavily because of the various medicinal and beneficial characteristics that they provide to different applications as an ingredient. The flowers are dried, processed and a dried solid form of powder is extracted which is subsequently used as an ingredient in a number of different applications.

Market Drivers:

  • Increasing levels of awareness regarding the various healthcare benefits associated with the flower extract is expected to drive the growth of the market
  • Growing areas of applications of this product in food & beverages, cosmetics and skin care products is expected to propel the growth of the market
  • High volume of demand associated with the organic cosmetic products; this factor is expected to boost the growth of the market

Market Restraint:

  • Concerns regarding the lack of availability of raw materials required for the production of flower powder is the major restraint restricting the market growth in the forecast period

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By Packaging Type

  • Packets
  • Bags
  • Cardboard Boxes

By Nature

  • Organic
  • Conventional

By Application

  • Pharmaceutical
  • Food & Beverages
  • Cosmetics
  • Skin Care
  • Others

By End-Product

  • Powdered
  • Tea Bags

By Sales Channel

  • Direct Sales
  • Indirect Sales
  • Specialty Stores
  • Drug Stores
  • Online
  • Others

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • Sweden
    • Poland
    • Denmark
    • Italy
    • U.K.
    • France
    • Spain
    • Netherlands
    • Belgium
    • Switzerland
    • Turkey
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • South Korea
    • New Zealand
    • Vietnam
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East and Africa
    • UAE
    • Saudi Arabia
    • Oman
    • Qatar
    • Kuwait
    • South Africa
    • Rest of Middle East and Africa

Key Developments in the Market:

  • In March 2017, Teapigs announced the availability of new tea bags, branded as “up-beet”, “snooze” are energy tea products, while “clean n green” detox tea with each variant containing different flavour combinations. “up-beet” consisting of ginger, hibiscus, beetroot and green tea, “clean n green” consisting of lemongrass, green tea, dandelion leaves, coconut and ginger, whereas “snooze” consisting of chamomile, lavender and apple. These innovative products were presented to provide high flavour in a combination of various benefits which can help in enhancing the   product range of the company in the market
  • In March 2017, Argo Tea announced the launch of a new range of tea, branded as “Wellness Collection” consisting of five loose-leaf teas. The teas included in this brand include “detox”, “empower”, “energized”, “relax” and “renew”. The “empower” range of teas consists of hibiscus flowers, elderberries and apple and these teas were all created to provide greater support to body and mind’s wellness

Competitive Analysis:

Global hibiscus flower powder market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of hibiscus flower powder market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Insights in the report:

  • Competitive analysis of key competitors involved in the market
  • Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
  • Market drivers and restraints analysis along with the analysis of the market structure

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