Asia Pacific Hibiscus Flower Powder Market By Application (Food & Beverages, Pharmaceutical, Personal Care & Cosmetics and Other Applications), By Nature (Conventional and Organic), By Country, Industry Analysis and Forecast, 2020 - 2026
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Market Report Description
The Asia Pacific Hibiscus Flower Powder Market would witness market growth of 12% CAGR during the forecast period (2020-2026). Hibiscus flowers can be found in tropical, subtropical, and temperate regions of the world. Some hibiscus flower species are found in a freezing environment. In some countries like India, Malaysia, and South Korea, hibiscus flowers are highly valued due to their medicinal properties of hibiscus flower powder. Many beneficial properties provided by hibiscus flower powder makes it more helpful in different applications covering a broad range of industries.
The main cultivator of the hibiscus plant is India, with more than 70 species of the plant that are safe for human consumption. In India, this product is traditionally used for treating hair related issues. Commercialization allows this sector to ease down the uses of the product through personal care products like soap and shampoos, which will boost the growth of the market.
The hibiscus flower powder market is expected to witness significant growth over the forecast period. The main factors that add to the growth of the market are growing demand for organic cosmetic products and several applications of the powder in cosmetics, and food & beverages, and pharmaceuticals. Furthermore, the increasing urbanization resulted in the fast-moving lifestyle which accelerates the demand for nutritious drinks and food like kombucha drink, providing growth to the hibiscus flower powder market.
Based on Application, the market is segmented into Food & Beverages, Pharmaceutical, Personal Care & Cosmetics and Other Applications. Based on Nature, the market is segmented into Conventional and Organic. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sonoco Products Company, The Republic of Tea, Traditional Medicinals, Inc., Wild Hibiscus Flower Co., Rena Beverage Solutions Limited, Co-Pak Packaging Corporation, Apple Food Industries, Avi Naturals, Cultivator Natural Products Pvt. Ltd. and Earth Expo Company.
Scope of the Study
Market Segments Covered in the Report:
- Food & Beverages
- Personal Care & Cosmetics
- Other Applications
- South Korea
- Rest of Asia Pacific
- Sonoco Products Company
- The Republic of Tea
- Traditional Medicinals, Inc.
- Wild Hibiscus Flower Co.
- Rena Beverage Solutions Limited
- Co-Pak Packaging Corporation
- Apple Food Industries
- Avi Naturals
- Cultivator Natural Products Pvt. Ltd.
- Earth Expo Company
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