Hibiscus Flower Powder Market Size Worth $212.5 Million by 2026 - KBV Research

NEW YORK - March 9, 2021 - PRLog -- According to a new report Global Hibiscus Flower Powder Market, published by KBV research, The Global Hibiscus Flower Powder Market size is expected to reach $212.5 Million by 2026, rising at a market growth of 10.7% CAGR during the forecast period.

The cosmetics segment is expected to witness a remarkable CAGR during the forecast period. The reason behind this growth is the increasing demand for organic and natural cosmetic products like lip balm, facial masks, lotions, soap, and hair shampoos. The emergence of many personal care companies in developing regions is estimated to raise the growth rate.

The Conventional market dominated the Global Hibiscus Flower Powder Market by Nature in 2019. The Organic market would showcase a promising growth rate of 11.6% during (2020 - 2026). There is a significant rise in the importance of organic labeling, seen in the nutrition and pharmaceutical sectors. It is due to the increasing awareness among consumers related to the disadvantages of using chemicals in cultivation, manufacturing, and processing, which further support the growth of the market for hibiscus flower powder.

The North America market dominated the Global Hibiscus Flower Powder Market by Region in 2019. Asia Pacific region is estimated to become a major manufacturer of the product.

Global Hibiscus Flower Powder Market Segmentation

By Application

• Food & Beverages
• Pharmaceutical
• Personal Care & Cosmetics
• Other Applications

By Nature

• Conventional
• Organic

By Geography

North America

• US
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

LAMEA

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Companies Profiled

• 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.
• Earth Expo Company

Full Report: https://www.kbvresearch.com/hibiscus-flower-powder-market/