Jasmine Extract Market Analysis On Trends and Need 2032

Jasmine Extract Market Outlook 2032
The global jasmine extract market was valued at US$ 77.4 Mn in 2022
It is estimated to expand at a CAGR of 9.8 from 2022 to 2032
The global jasmine extract market is expected to reach US$ 196.2 Mn by the end of 2032

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Jasmine Extract Market: Overview
The global jasmine extract market is currently valued around US$ 77.4 Mn in 2022 and is expected to reach US$ 196.2 Mn by the end of 2032
Based on nature, conventional segment of jasmine extract is majorly consumed across the globe. The conventional segment holds a market volume share of around 85.2% and is estimated at 1,906 Metric Tons in 2022.
Based on end use, cosmetic & personal care segment holds a majority of value share of around 39.6% with a value of US$ 30.6 Mn in 2022 and is expected to grow at a CAGR of 9.4% during the forecast period.
Based on extraction method, the Supercritical fluid extraction (SCFE) segment holds the value market share of 33.5% with the total value is US$ 25.9 Mn approximately in 2022 and is anticipated to reach around US$ 66.5 Mn by the end of 2032.

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Jasmine Extract: Market Frontrunners
North America holds a market value share of 22.0% of the global market. Whereas, U.S. holds the market value share of around 86.7% within the region and it is currently valued at US$ 14.8 Mn.
Jasmine extracts are gentler and softer character then the sultry and heady jasmine absolutes. The extract is light green or brown in appearance and has an exquisitely rich and captivating aroma.
The robust preference of including antioxidants in the food products is escalating with the increasing demand in the market. The global trend of consuming natural and healthy food ingredients is fueling the demand for jasmine extract in the market.

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Various application related to jasmine fueling consumption of jasmine extract
Jasmine is widely preferred in the cosmetic sector as it helps in restoring skin luster and balances moisture in the skin to naturally reduce dryness without clogging pores, acne-prone skin is dry, which generates an overproduction of sebum which causes acne. Jasmine helps in naturally hydrating skin to maintain sebum production.

Additionally, jasmine extract is used in aromatherapy to boost the energy level and stimulate the brain, which creates emotional well-being. Additionally, jasmine is known for its authentic flavor aroma, and the presence of various health benefits makes it the preferred choice in the manufacturing of various food and beverage.

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