Published Date: 13-Oct-2021
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According to a new report Global Roselle Market, published by KBV research, The Global Roselle Market size is expected to reach $244.9 Million by 2027, rising at a market growth of 10.4% CAGR during the forecast period.
Based on end-use, the food & beverages segment garnered the substantial revenue share of the global roselle market with a substantial share in 2020. This growth is attributed to the growing demand for roselle products in the food & beverages sector, which is among the major aspects fueling the growth of the segment. In addition, increasing demand for antibacterial products by the people in the emerged countries is projected to fuel the growth of the segment.
The Supermarket/Hypermarket market dominated the Global Roselle Market by Distribution Channel 2020, growing at a CAGR of 10 % during the forecast period. The E-commerce market is showcasing a CAGR of 8.9% during (2021 - 2027). The Specialty stores and Monobrand stores market is estimated to grow at a CAGR of 11.8% during (2021 - 2027).
The North America market dominated the Global Roselle Market by Region 2020, and would continue to be a dominant market till 2027. The Asia Pacific market is experiencing a CAGR of 11.8% during (2021 - 2027). Additionally, The Europe market is showcasing a CAGR of 10.1% during (2021 - 2027).
Full Report: https://www.kbvresearch.com/roselle-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Rossell India Limited, Roselle Farms, Guangzhou Runming Tea Co., Ltd., Atlantis Arena Sdn Bhd, Buddha Teas, U.S. Wellness LLC, The Tao of Tea LLC, Apple Food Industries and Cultivator Natural Products Pvt. Ltd.
By End Use
By Distribution Channel
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