A recent report published by Infinium Global Research on rose water market provides an in-depth analysis of segments and sub-segments in the global as well as regional rose water market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional rose water market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global rose water market. According to the report, the global rose water market is projected to grow at a CAGR of 7.2% over the forecast period of 2019-2025.
From ancient times roses have been used for medicinal and nutritional purposes. It is a long established product with a history of applications in cosmetics, skincare, and culinary preparations as well. Industrial-scale production of rose water can be done by steam distillation the main product of this extraction process is rose oil and rose water as a bi-product. A traditional way to prepare rose water is by steeping fresh rose petals in distilled water. Owing to its vast application investors are focusing on the rose water market globally.
Rapidly increasing demand for rose water in the cosmetics and personal care sector is one of the major factors driving the growth of the market. The antioxidants in rose water protect the cells in the skin against damage also rose water has anti-inflammatory properties that help to soothe the irritation caused by conditions, such as eczema and rosacea. Moreover, increasing demand from ayurvedic and pharmaceutical sector owing to the medicinal properties of rose extract will further boost the rose water market growth. On the other hand, the high cost associated with the product can hamper the growth of the market in the near future. However, increasing demand for organic extract in food and beverages and cosmeceutical sector will provide better opportunities to the market.
Based on the region, the rose water market is classified into North America, Europe, Asia-Pacific, and RoW. The Middle East dominates the market and expected to keep the maximum share of the market in the forecast period. Compared to all other regions, the Middle East is the larger producer of the roses and at the same time larger consumer of products derived from roses. The market in the Asia-Pacific is also predicted to grow with a significant rate in the forecast market owing to the growing demand in food and beverages and the cosmetic industry. The market in North America and Europe is expected to grow with a healthy rate in the forecast period, owing to rising cosmeceutical and food and beverage industries.
The report on global rose water market covers segments such as type and application. On the basis of type, the sub-markets include rosa centifolia, rosa damascena, and rosa gallica. On the basis of application, the sub-markets include food and beverages, cosmetics and personal care, medicinal use, and other applications.
The report provides profiles of the companies in the market such as Vesselino Ltd., Iran Golab Marghoob Co., Tabib Daru INC., RBG PARIS- Rose of Bulgaria, SRS Aromatics Ltd., Meena Perfumery, Azelis, Albert Vieille, Bioprocess Ltd., Dabur, and Other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, the IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of rose water market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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