A recent report published by Infinium Global Research on flower extract market provides an in-depth analysis of segments and sub-segments in the global as well as regional flower extract market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional flower extract 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 flower extract market. According to the report, the global flower extract market is projected to grow at a CAGR of 9.5% over the forecast period of 2019-2025.
Flower extract is the crude mixtures of different parts of flowers. Flower extract contains the substances that can be used for various purposes. The extraction process can be achieved by different solvents such as ethyl alcohol or water. Owing to the medicinal properties flower extract can be used in pharmaceuticals, cosmetics, chemicals, and the food and beverage industry. Owing to its organic nature flower extract is in high demand on a global platform.
The growing demand for natural flower ingredients in food and beverages is one of the major factors driving the growth of the market. Stringent regulation for the use of harmful chemicals in food products, as well as growing consumption of natural ingredient in food and beverages, is boosting the demand of flower extract market. Furthermore, the growing cosmetic industry is also contributing to the growth of the market. The rise in the use of natural ingredients in cosmetics and skin care products is contributing to the growth of the market. On the other hand, the high cost associated with the product can hamper the growth of the market. However, growing awareness about the beneficial use of the organic ingredient in the food and cosmetic industry will provide better opportunities for the market in the forecast period.
Based on the region, the global flower extract market is segmented into North America, Europe, Asia-Pacific, and RoW. Asia Pacific region dominates the market and anticipated to keep its dominance over the forecast period. The market growth in this region is attributed to rising in disposable income and growing use of personal care product. Furthermore, the market in North America and Europe is expected to grow with the healthy rate in the forecast period, growing demand of organic food, cosmaceuticals and strict regulations for the use of chemicals in skincare products likely to boost the market growth in this area.
The report on global flower extract market covers segments such as form, type, and application. On the basis of form, the sub-markets include liquid, powder, and other forms. On the basis of type, the sub-markets include decoctions, and oils. On the basis of application, the sub-markets include cosmetics, food and beverages, pharmaceuticals, chemicals, and dyes.
The report provides profiles of the companies in the market such as Wild Hibiscus Flower Co., Naturalin Bio-Resources Co., Ltd., Shaanxi Pioneer Biotech Co., Ltd., NESSO-Natural & Essential Oils Pvt. Ltd., Katyani Exports, New Way Herbs, Hangzhou Gosun Biotech Co., Ltd., 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 flower extract 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.