Hibiscus Flower Powder Market to Grow with a CAGR of 7.33% through 2028
Increasing demand for natural and sustainable
ingredients, and its versatility across various industries are expected to
drive the Global Hibiscus Flower Powder Market growth in the forecast period,
2024-2028.
According to TechSci Research report, “Hibiscus
Flower Powder Market – Global Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2028”, the Global Hibiscus Flower Powder
Market stood at USD 144.45 million in 2022 and is anticipated to grow with a
CAGR of 6.50% in the forecast period, 2024-2028. This can be attributed to
rising health and wellness trends. One of the primary drivers behind the growth
of the global hibiscus flower powder market is the prevailing focus on health
and wellness. Consumers are becoming increasingly health-conscious and are
actively seeking out natural and organic ingredients in their food, beverages,
and personal care products. Hibiscus flower powder fits perfectly into this
trend, as it is renowned for its potential health benefits.
Furthermore, personalized nutrition is gaining
momentum, driven by advancements in data analytics and consumer awareness.
Companies in the hibiscus flower powder market may explore personalized product
offerings tailored to individual health needs and preferences.
Browse over XX market data Figures spread
through XX Pages and an in-depth TOC on "Global Hibiscus Flower Powder Market.”
The product possesses anti-inflammatory and
exfoliating qualities, making it a crucial natural ingredient for organic and
natural cosmetics. The increasing demand for the product in items like soaps,
shampoos, conditioners, masks, lotions, and creams is anticipated to be the driving
force behind the hibiscus flower powder market. Throughout history, hibiscus
has been used by various cultures for medicinal purposes. For instance, the
Egyptians utilized hibiscus flower tea to address heart and nerve ailments,
regulate body temperature, and as a diuretic to increase urine production. In
African traditions, hibiscus flower powder was employed to treat conditions
like cancer, constipation, liver disease, and cold symptoms. Presently,
hibiscus is renowned for its potential to reduce high blood pressure, with
recent studies suggesting its ability to lower cholesterol levels and blood
pressure.
India stands out as one of the primary cultivators of
the hibiscus plant, boasting over 70 varieties safe for human consumption. In
this region, hibiscus flower powder has traditionally been used to address
hair-related issues. The commercialization of this sector, facilitating the
incorporation of the product into various personal care items like soaps and
shampoos, is expected to have a positive impact on growth.
Hibiscus flower powder has demonstrated its efficacy
against various diseases, including inflammation and diabetes. Additionally,
hibiscus flower extract exhibits antimicrobial properties against various
pathogenic bacteria, reducing the risk of infectious diseases. Moreover, the
increasing demand for hibiscus flower powder in medications for treating type 2
diabetes is projected to stimulate market growth.
Market players face challenges such as volatile raw
material supply, disorganized and insufficiently monitored cultivation
practices, and a shortage of skilled labor for pre- and post-harvest
operations. Nonetheless, the growing popularity of the product in end-use
applications is expected to encourage cultivators to focus on hibiscus
production in the foreseeable future.
The rising popularity of hibiscus flower powder as an
ingredient in herbal beverages and mixes is set to propel market growth.
Consumers are becoming accustomed to the taste, texture, and flavors of
hibiscus-based food and beverage products, which is expected to contribute to
the expansion of the hibiscus flower powder market in the coming years.
The Global Hibiscus Flower Powder Market is segmented
into nature, application, regional distribution, and company.
Based on its nature, the conventional sector dominated
the hibiscus flower powder market in 2022, capturing the largest portion of
global revenue. The demand for these items is anticipated to increase due to
their affordability and widespread availability. Businesses offer hibiscus
extract-based flavor enhancers suitable for use in beverages like juices,
smoothies, and cold drinks.
In the hibiscus flower powder market, the organic
segment is projected to experience the swiftest CAGR from 2023 to 2028. Growing
concerns about the potential adverse effects of chemicals found in conventional
products are driving the demand for organic alternatives. Additionally, the
product's ability to reduce the risk of water and soil contamination
contributes to biodiversity conservation and positions it as an environmentally
friendly choice.
Based on application, the market was led by the food
and beverages sector in 2022. The wide range of applications for this product,
including its use in cocktails, desserts, jelly, juices, and jams, is expected
to be the primary driver for its dominant market share. The growing consumer
interest in various packaged food items is also anticipated to increase the
demand for this product.
The cosmetics sector is projected to
experience a significant CAGR over the forecast period due to the rising demand
for organic and natural cosmetic products such as facial masks, lip balms, hair
conditioners, lotions, and soaps. The support from emerging personal care
companies in developing countries is expected to contribute to this growth.
Major companies operating in
Global Hibiscus Flower Powder Market are:
- Bio-Organic Solutions Inc
- Republic of Tea Inc/The
- Traditional Medicinals Inc
- BIO Actives Japan Corp
- Wild Hibiscus Flower Co
- RENA BEVERAGE SOLUTIONS LIMITED
- Fortune Health Care
- Sonoco Products Co
Download Free Sample Report
Customers can also request for 10% free customization
on this report.
“The global hibiscus flower powder market is entering
an exciting phase of growth and innovation. Health and wellness trends, clean
labeling, sustainability, and the versatility of hibiscus as a functional
ingredient are poised to drive the market forward. As consumers seek natural,
plant-based, and ethically sourced products, hibiscus flower powder is
well-positioned to meet these demands and bloom on the global stage. Companies
that embrace the upcoming trends will find themselves at the forefront of this
flourishing market, offering innovative and appealing products to a
health-conscious and environmentally conscious consumer base,” said Mr. Karan
Chechi, Research Director with TechSci Research, a research-based management
consulting firm.
“Hibiscus Flower Powder Market By Nature
(Organic, Conventional), By Application (Food & Beverages, Pharmaceutical,
Personal Care & Cosmetics, Others), By
Region, By Competition Forecast & Opportunities, 2018-2028F”, has evaluated
the future growth potential of Global Hibiscus Flower Powder Market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Hibiscus Flower Powder Market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel:
+1-646-360-1656
Email:
[email protected]
Website:
https://www.techsciresearch.com