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 Insights

Global 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).

Hibiscus flower powder is emerging as a valuable natural ingredient for organic cosmetics due to its anti-inflammatory and exfoliating properties, fostering its demand in products like soaps, shampoos, conditioners, masks, lotions, and creams. This trend is driving the market growth for hibiscus flower powder. Historical uses of hibiscus in various cultures include treating heart and nerve diseases, lowering body temperature, and aiding in diuresis. The plant's potential to lower blood pressure and cholesterol levels has been recognized through recent studies. India, a significant hibiscus cultivator, traditionally employs the plant for addressing hair issues, and the commercialization of its applications in personal care products like soaps and shampoos is positively influencing market expansion.

Hibiscus flower powder's therapeutic potential extends to combating inflammation, diabetes, and microbial infections. This versatility is driving demand, particularly in type 2 diabetes treatment medications. Challenges such as volatile raw material supply, unorganized cultivation practices, and labor shortages are faced by market players. Nevertheless, the growing preference for hibiscus-based food and beverages, along with the rising popularity of its consumption, is anticipated to drive market growth. As consumers become more accustomed to hibiscus-infused products, the demand for hibiscus flower powder is projected to grow steadily.

US Hibiscus Flower Powder Market is poised to grow at a sustainable CAGR for the next forecast year.

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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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