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Hibiscus Flower Powder Market is anticipated to reach USD 118.0 Million, at a CAGR of 2.2% during the forecast period 2022-2032 | Farmvilla Food Industries Pvt. Ltd., Greenjeeva, Herbo Nutra

10-12-2023 07:15 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Insight Services

Hibiscus Flower Powder Market

Hibiscus Flower Powder Market

New York, The Hibiscus Flower Powder Market size was USD 95.0 Million in 2022 and it is anticipated to grow over USD 118.0 Million by 2032, at a CAGR of over 2.2% during the forecast period.

Hibiscus flower powder is a natural powder made from the dried Hibiscus sabdariffa flower. It has a deep red color and a tart, cranberry-like flavor.

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Hibiscus sabdariffa is a tropical plant that is native to Africa, Asia, and the Caribbean. The Hibiscus flower is traditionally used to make a red tea, which is popular in many parts of the world. Hibiscus tea is rich in antioxidants and has been shown to lower blood pressure.

Hibiscus powder can be used to make a variety of different foods and beverages. It can be used to make tea, or added to smoothies, yogurt, or oatmeal. Hibiscus powder can also be used as a natural food coloring. It can be used to tint icing, frosting, or cake batter.

Key Trends

The key trends in hibiscus flower powder technology are as follows:

1. Increasing demand for natural and organic products: There is a growing demand for natural and organic products, as consumers are becoming more aware of the harmful effects of synthetic chemicals. This is a major factor driving the growth of the hibiscus flower powder market.

2. Growing health consciousness: The growing health consciousness among consumers is another key factor driving the growth of the hibiscus flower powder market. Hibiscus flower powder is a rich source of antioxidants, vitamins, and minerals, which are beneficial for overall health.

3. Increasing applications in the food, cosmetics, and pharmaceutical industries: Hibiscus flower powder has a wide range of applications in the food, cosmetics, and pharmaceutical industries. This is another key factor driving the growth of the hibiscus flower powder market.

Key Drivers

The key drivers of Hibiscus Flower Powder market are its nutritional value and health benefits.

Additionally, hibiscus flower powder has been traditionally used to treat various ailments such as colds, stomach problems, and hypertension.

These health benefits make hibiscus flower powder an attractive option for consumers looking for natural ways to improve their health and well-being.

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Market Segments

The Hibiscus Flower Powder Market has been segmented into Nature, Application, and Region. On the basis of Nature, it is bifurcated into Organic and Conventional. Based on Application, the market is segmented into Food & Beverages, Pharmaceutical, Personal Care & Cosmetics, and Others. Region-wise, it is studied across North America, Europe, Asia Pacific, and Rest of the World.

Key Players

Some of the key players of hibiscus flower powder market are All Herbscare (India), Archie Enterprise (India), Farmvilla Food Industries Pvt. Ltd. (India), Greenjeeva (US), Herbeno Herbals India (India), Herbo Nutra (India), Khadi Natural (India), One Herb (India), Taj Henna (India), and Woodland Foods (US).

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Reasons to buy Hibiscus Flower Powder Market Report:

• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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