Hibiscus Flower Powder Market Growth, Share by Companies and Forecast 2023-2028
Posted on 16 June, 2023 by Joseph Finch
IMARC Group, a leading market research company, has recently released a report titled “Hibiscus Flower Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global hibiscus flower powder market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How Big is the Hibiscus Flower Powder Market?
Report Attributes |
Details |
Market Size in 2022 |
US$ 113.9 Million |
Market Forecast in 2028 |
US$ 166.9 Million |
Growth rate (2023 to 2028) |
CAGR of 6.8% |
Base Year of the Analysis |
2022 |
Forecast Period |
2023-2028 |
What are Hibiscus Flower Powder?
Hibiscus flower powder has anti-inflammatory, anti-microbial, and exfoliating properties. Its consumption assists in reducing the chances of developing diabetes, boosting liver health, and promoting weight loss. As it also aids in preventing dandruff and the premature greying of hair, it is used as a hair cleanser worldwide.
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What are the Growth Prospects and Trends in the Hibiscus Flower Powder Industry?
Hibiscus flower powder is employed in the food and beverage (F&B) industry as a flavoring agent to prepare jellies, jams, and puddings. This represents one of the key factors driving the market. Apart from this, there is a growing awareness among individuals about the numerous health benefits of hibiscus flower powder. This, in confluence with the easy product availability via online and offline distribution channels, is creating a favorable market outlook. Furthermore, the market is positively influenced by the rising adoption of hibiscus flower powder in the cosmetics and skincare sector, along with the increasing consciousness among individuals across the globe about their appearance.
Who are the Key Players Operating in the Hibiscus Flower Powder Market?
The competitive landscape of the industry has also been examined along with the profiles of the 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.
What is Included in Market Segmentation?
The report has categorized the market based on type and application.
Breakup by Type:
- Organic
- Conventional
Based on Application:
- Food and Beverages
- Pharmaceuticals
- Personal Care and Cosmetics
- Others
Regional Analysis:
- 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, South Africa, Others)
Key Highlights of The Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain Analysis
- 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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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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23 June, 2017