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The global hibiscus flower powder market grew at a CAGR of around 8% during 2015-2020. Looking forward, IMARC Group expects the market to exhibit moderate growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Hibiscus is a flowering plant that belongs to the mallow family natively grown in the tropical, sub-tropical, and temperate regions across the globe. Hibiscus flower powder is obtained by using dried flowers and further grounding and sifting them to produce a fine powder. Characterized by anti-inflammatory, anti-microbial and exfoliating properties, it is widely used in the formulation of several haircare and skincare products. The powder is widely used as a hair cleanser as it assists in preventing the premature greying of hair while reducing the occurrence of dandruff. It can also be consumed in numerous forms for its medicinal properties as it aids in boosting liver health, reducing the chances of developing diabetes and promoting weight loss.
The global market is primarily driven by the increasing utilization of hibiscus flower powder in the food and beverages sector. It is widely being employed as a flavoring ingredient in the preparation of jams, jellies and puddings as well as refreshing drinks, including cocktails and juices. Facilitated by the inflating disposable incomes of the masses and their shifting dietary preferences, this is providing a thrust to the market growth. The growing awareness among individuals regarding the numerous health benefits offered by the consumption of the powder is creating a positive outlook for the market further. Extensive applications of hibiscus flower powder in the cosmetics and skincare sector is acting as another major growth-inducing factor. The escalating demand for organic and natural products on the global level has led to the increasing uptake of herbal powders, including hibiscus powder, for the production of various soaps, lotions, facial masks, and hand creams. Easy product availability through online and offline retail channels is another major factor contributing to the market growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global hibiscus flower powder market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on type and application.
Breakup by Type:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Banyan Botanicals, Bio Actives Japan Corporation, Earth Expo Company, Herbeno Herbals, Martin Bauer Group, Mesmara Botanics Private Limited, Ransom Naturals Ltd., Rena Beverage Solutions, Sonoco Products Company, The Republic of Tea, Traditional Medicinals, and Wild Hibiscus Flower Company Pty Ltd.
|Base Year of the Analysis||2020|
|Segment Coverage||Type, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Banyan Botanicals, Bio Actives Japan Corporation, Earth Expo Company, Herbeno Herbals, Martin Bauer Group, Mesmara Botanics Private Limited, Ransom Naturals Ltd., Rena Beverage Solutions, Sonoco Products Company, The Republic of Tea, Traditional Medicinals, and Wild Hibiscus Flower Company Pty Ltd|
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|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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