The Europe Hibiscus Flower Powder Market would witness market growth of 10.3% CAGR during the forecast period (2020-2026). Hibiscus flower powder is used for curing diseases like inflammation and diabetes. Moreover, hibiscus flower extract has antimicrobial effects that cure many pathogenic bacteria., thereby reducing the risk of various infectious diseases. Moreover, the rising demand for hibiscus flower powder in type 2 diabetes treatment is estimated to boost the market.
Factors like volatile raw material supply, lack of skilled labor for pre and post-harvest operations along with unorganized and inadequately monitored growth hamper the development of the market. Although, the rising popularity of the product in the end-user category is anticipated to force cultivators to select hibiscus for production during the forecast period.
The increasing popularity of the hibiscus flower powder as a component of herbal drinks and mixes, is estimated to boost the market growth. End-users of the market are becoming habitual of the taste, texture, and flavor which will further boost the growth of the hibiscus flower powder market during the forecast period.
Based on Application, the market is segmented into Food & Beverages, Pharmaceutical, Personal Care & Cosmetics and Other Applications. Based on Nature, the market is segmented into Conventional and Organic. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: Hibiscus Flower Powder Market in Europe is expected to register a CAGR of 10.3% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sonoco Products Company, The Republic of Tea, Traditional Medicinals, Inc., Wild Hibiscus Flower Co., Rena Beverage Solutions Limited, Co-Pak Packaging Corporation, Apple Food Industries, Avi Naturals, Cultivator Natural Products Pvt. Ltd. and Earth Expo Company.
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Companies Profiled
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