According to IMARC Group’s latest report, titled “Hibiscus Flower Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, The global hibiscus flower powder market grew at a CAGR of around 8% during 2015-2020. Hibiscus refers to a flowering plant that belongs to the mallow family natively grown in the temperate, tropical, and sub-tropical regions across the globe. Hibiscus flower powder is procured by using dried flowers and further grounding and sifting them to produce a fine powder. It has anti-inflammatory, anti-microbial, and exfoliating properties and is widely used in the manufacturing of several haircare and skincare products. Hibiscus powder can also be consumed based on its medicinal properties as it helps in boosting liver health, minimizing the chances of developing diabetes, promoting weight loss, etc.
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The global market is primarily propelled by the growing utilization of hibiscus flower powder in the food and beverages sector. It is extensively being used as a flavoring agent in the preparation of jellies, jams, and puddings as well as refreshing drinks, such as cocktails and juices. Furthermore, the rising awareness among individuals towards the numerous health benefits provided by the consumption of hibiscus powder is providing a thrust to the market. Besides this, the escalating demand for organic and natural products has led to the increasing uptake of herbal powders, including hibiscus powder, for manufacturing various soaps, facial masks, lotions, and hand creams. This, along with easy product availability through online and offline retail channels, is expected to further drive the global market for hibiscus powder over the forecasted period. Looking forward, IMARC Group expects the global hibiscus flower powder market to exhibit moderate growth during the next five years.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- Banyan Botanicals
- Bio Actives Japan Corporation
- Earth Expo Company
- Herbeno Herbals
- Martin Bauer Group
- Mesmara Botanics Private Limited
- Ransom Naturals Ltd.
- Rena Beverage Solutions
- Sonoco Products Company
- The Republic of Tea
- Traditional Medicinals
- Wild Hibiscus Flower Company Pty Ltd.
Breakup by Type:
- Organic
- Conventional
Breakup by Application:
- Food and Beverages
- Pharmaceuticals
- Personal Care and Cosmetics
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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The global Hibiscus Flower Powder Market size is projected to account for USD 160.2 million by 2025, as per a new report by Million Insights.
The market is estimated to register 6.1% CAGR over the forecast years.
Increasing use of the products in applications such as pharmaceuticals, cosmetics and food & beverages is driving the growth of the market.
Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/global-hibiscus-flower-powder-market/request-sample Market Synopsis of Hibiscus Flower Powder Market: Increasing awareness regarding benefits of hibiscus flower powder is also attributing to the growth of the market.
Emerging countries such as China and India are the major markets for natural cosmetics.
Food & beverages segment held the highest share in the market in 2018.
The Hibiscus Flower Powder market report has been prepared to bring about comprehensive analysis of the market structure along with forecast of the different segments and sub-segments of the market.
The Hibiscus Flower Powder market report has been formulated to bring about comprehensive analysis of the market structure along with forecast of the different segments and sub-segments of the market.
Analysis of consumer needs by major regions, types, applications in Global market by considering the past, present and future state of the industry has been conducted.
The report is prepared based on the market type, size of the organization, availability on-premises and the end-users’ organization type.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 Hibiscus Flower Powder market research report is generated by using integrated approaches and latest technology for the best results.
Analysis and estimation of important industry trends, market size, and market share are mentioned in this Hibiscus Flower Powder report.
Various trustworthy sources such as journals, websites, annual reports of the companies, and mergers are used for the gathering of data and information mentioned in this Hibiscus Flower Powder report.
