Global Hibiscus Flower Powder Market

Hibiscus Flower Powder Market Size, Share, Growth Analysis, By Nature(Organic, Conventional), By Application(Food & Beverages, Pharmaceutical) - Industry Forecast 2024-2031

Report ID: SQMIG30I2339 | Region: Global | Published Date: March, 2024
Pages: 198 | Tables: 63 | Figures: 70

Hibiscus Flower Powder Market News

  • In February 2024, the Jigawa State Governor in Nigeria officially opened a Hibiscus processing plant in the state, named ‘ComttraJigawa’, for business.

     

  • In November 2023, BjornQorn and Ruby Hibiscus teamed up to create LTO pink hibiscus-flavored popcorn. The popcorn has a tart flavor, and a dose of potassium, antioxidants, and polyphenols. It is made with sun-popped popcorn, sunflower oil, nutritional yeast, salt, and hibiscus powder.

     

  • In September 2023, Dante Motley ’24 and Alyssa Michel ’24 officially launched “Ms. Darling’s Sorrel” — a Jamaican-style hibiscus drink business steeped in cultural heritage and family history.

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Hibiscus Flower Powder Market size was valued at USD 95.88 million in 2022 and is poised to grow from USD 98.85 million in 2023 to USD 126.20 million by 2031, growing at a CAGR of 3.1% in the forecast period (2024-2031).

The competitive landscape of the hibiscus flower powder market is characterized by the presence of both established players and emerging companies focusing on offering a diverse range of hibiscus-based products. Leading players in the market are actively engaged in product development, innovation, and strategic collaborations to strengthen their market position. These companies are investing in research and development activities to enhance the quality and efficacy of their hibiscus flower powder offerings, catering to the growing demand for natural and organic ingredients in various industries. Additionally, partnerships with suppliers, distributors, and retailers are helping key players expand their market reach and distribution networks. 'Mountain Rose Herbs', 'Starwest Botanicals', 'Frontier Co-op', 'The Green Labs LLC', 'Naturevibe Botanicals', 'Nutraonly (Xi'an) Nutritions Inc.', 'Organic Herb Inc.', 'Aayuritz Phytonutrients Pvt. Ltd.', 'Shaanxi Undersun Biomedtech Co., Ltd.', 'Sari Foods Co.', 'Bio Actives Japan Corporation', 'GR Herbal Products', 'Herbo Nutra', 'Changsha Vigorous-Tech Co., Ltd.', 'Green Essence Living'

Growing awareness among consumers about the potential health benefits of hibiscus flower powder, including its use in herbal remedies, natural cosmetics, and wellness products, is driving its demand.

Rising Demand for Natural and Organic Products: The increasing consumer preference for natural and organic ingredients in food, beverages, cosmetics, and personal care products has driven the demand for hibiscus flower powder. Consumers are seeking products with minimal chemical additives, leading to a surge in the adoption of hibiscus flower powder due to its natural and beneficial properties.

North America held a prominent position in the hibiscus flower powder market, contributing to more than 34.5% of the revenue share in 2022. The region's robust market dominance is attributed to substantial demand from various industries, with the food and beverage sector taking the lead, followed by pharmaceutical and personal care applications. The United States and Canada stand out as significant importers of organic products. Ongoing innovations in the medical field, where natural ingredients are increasingly sought for drug manufacturing, are anticipated to create new growth opportunities. As consumer awareness about the benefits of hibiscus flower powder continues to rise, consumption of the product is expected to witness an upswing in the forthcoming years.

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Global Hibiscus Flower Powder Market

Product ID: SQMIG30I2339

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