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Hibiscus Flower Powder Market

Hibiscus Flower Powder Market By End Use Industry (Food & Beverage, Pharmaceutical, Cosmetics, Skincare), End Product (Powdered, Tea Bags), Packing (Packets, Bags, Cardboard Boxes), Nature of Production (Conventional, Organic), Sales Channel (Direct Sales, Indirect Sales) & Region - Forecast 2022-2032

Market Insights on Hibiscus Flower Powder covering sales outlook, demand forecast & up-to-date key trends

Hibiscus Flower Powder Market Overview

The hibiscus flower powder market was valued at US$ 93 Million in 2021, and experienced a Y-o-Y increase of 3.1% to reach US$ 96 Million. From 2022-2032, the market is expected to surge at a CAGR of 2.3% to reach a valuation of US$ 120 Million.

Report Attribute

Details

Estimated Base Year Value (2021)

US$ 93 Million

Expected Market Value (2022)

US$ 96 Million

Anticipated Forecast Value (2032)

US$ 120 Million

Projected Growth Rate (2022-2032)

2.3% CAGR

Hibiscus flowers are obtained from a flowering plant that is native to the world's tropical, subtropical, and temperate regions. Some hibiscus flower species are also known to grow in freezing temperatures. Hibiscus flowers are highly valued in countries such as Malaysia, South Korea, and India due to the medicinal properties of hibiscus flower powder.

The various beneficial properties of hibiscus flower powder make it useful in a variety of applications across a wide range of industries. Hibiscus flower powder is primarily used as a tea ingredient, but it is also used in the dyeing, pharmaceutical, and cosmetic industries. Hibiscus flower powder is available in tea bags as well as in bulk. Hibiscus flower powder is also available in capsules and extracts from some companies.

The market for hibiscus flower powder is expanding, and this expansion is being aided by increased awareness of the various medicinal benefits provided by hibiscus flower powder.

Which are Some Prominent Drivers Spearheading Hibiscus Flower Powder Market Growth?

Hibiscus flower powder is an excellent choice for a floral flavor in the food and beverage industry. Hibiscus flower powder is commonly used in the preparation of refreshing drinks, syrups, traditional medicines, hibiscus jellies, jams, and hibiscus flower powder flavored fruit pastes. The growing popularity of hibiscus flower powder is propelling the regional and global hibiscus flower market.

Furthermore, the natural and organic processing and production of hibiscus flower powder can attract a larger consumer base by catering to all health-conscious and organic product-loving consumers, among others.

Increasing demand for organic cosmetic products, rising awareness about the health benefits of flower extract, and expanding areas of application for this product in cosmetics, food, beverages, and skincare products are driving the market growth. The increased emphasis on the development of advanced cultivation methods and techniques as a result of the surge in demand for hibiscus flower extracts is one of the major factors influencing the market growth

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What are the Challenges Faced by the Hibiscus Flower Powder Industry?

Concerns about the scarcity of raw materials required for the production of flower powder will slow the market's growth rate. The hibiscus flower powder market will face challenges due to a lack of skilled labor for pre and post-harvest operations.

Why is Asia-Pacific Emerging as an Opportunistic Hibiscus Flower Powder Market?

Due to large cultivation lands across developing countries and favorable weather conditions for hibiscus cultivation in this region, the Asia-Pacific region is expected to have the highest CAGR. During the forecast period, the Asia Pacific Hibiscus Flower Powder Market would grow at a CAGR of 2%. (202-2032).

Hibiscus flowers are highly valued in some countries, such as India, Malaysia, and South Korea, due to the medicinal properties of hibiscus flower powder. The numerous beneficial properties provided by hibiscus flower powder make it more useful in a variety of applications spanning a wide range of industries.

Nandini Roy Choudhury
Principal Consultant
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How is Europe Contributing to the Growth of the Hibiscus Flower Powder Market?

During the forecast period, the Europe hibiscus flower powder market would grow impressively. Although, factors such as volatile raw material supply, a lack of skilled labor for pre and post-harvest operations, and unorganized and inadequately monitored growth all impede market development.

Despite this, the rising popularity of the product among end-users is expected to force cultivators to choose hibiscus for production during the forecast period. The market is divided into Germany, the United Kingdom, France, Russia, Spain, Italy, and the rest of Europe.

Scope of Report

Report Attribute

Details

Growth Rate

CAGR of 2.3% from 2022 to 2032

Base Year for Estimation

2021

Historical Data

2015-2020

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Application
  • Nature
  • Region

Regions Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Key Countries Profiled

  • U.S
  • Canada
  • Mexico
  • Argentina
  • Brazil
  • Peru
  • Chile
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • Poland
  • Russia
  • Ukraine
  • India
  • China
  • South Korea
  • ASEAN
  • GCC
  • Tukey
  • Iran
  • Israel
  • South Africa

Key Companies Profiled

  • Bio Organic
  • Herbeno Herbals
  • The Republic of Tea
  • Traditional Medicinals
  • Bio Actives
  • Wild Hibiscus Flower Co.
  • Rena Beverage Solutions
  • Fortune Health Care

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Key Segments Covered in the Hibiscus Flower Powder Market Report

End Use Industry:

  • Hibiscus Flower Powder for Food & Beverage
  • Hibiscus Flower Powder for Pharmaceuticals
  • Hibiscus Flower Powder for Cosmetics
  • Hibiscus Flower Powder for Skincare
  • Hibiscus Flower Powder for Other End Use Industries

End Product:

  • Powdered Hibiscus Flower
  • Hibiscus Flower Tea Bags

Packing:

  • Hibiscus Flower Powder Packets
  • Hibiscus Flower Powder Bags
  • Hibiscus Flower Powder Cardboard Boxes

Nature of Production:

  • Conventional Hibiscus Flower Powder
  • Organic Hibiscus Flower Powder

Sales Channel:

  • Direct Sales of Hibiscus Flower Powder
  • Indirect Sales of Hibiscus Flower Powder
  • Specialty Stores
  • Drug Stores
  • Online Retailers
  • Others

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Frequently Asked Questions

FMI projects the global Hibiscus Flower Powder market to expand at a 2.3% value CAGR by 2032.

Asia Pacific is expected to be the most opportunistic Hibiscus Flower Powder market.

Bio Organic, Herbeno Herbals and Traditional Medicinals are some prominent hibiscus flower powder manufacturers.

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Nandini Roy Choudhury
Principal Consultant
LinkedIn
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Hibiscus Flower Powder Market