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Rose Extract Market Poised to Reach $742.7 Million by 2032, Driven by Rising Demand in Cosmetics & Personal Care

07-16-2024 01:44 PM CET | Food & Beverage

Press release from: Transparency Market Research

Rose Extract Market

Rose Extract Market

The global rose extract market (장미 추출물 시장) has been experiencing significant growth, reflecting its burgeoning demand across various industries. Valued at US$ 411.4 Mn in 2022, the market is expected to reach an impressive US$ 742.7 Mn by 2032, growing at a CAGR of 6.1% from 2022 to 2032. This remarkable growth can be attributed to the extensive utilization of rose extracts in cosmetic and personal care applications, owing to their antibacterial and antifungal properties, among other benefits.

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Rose Extract: A Multifunctional Wonder
Rose extracts are highly valued for their active compounds that help remove toxins from the body and restrict the growth of unwanted bacteria. Their multifunctional benefits extend beyond cosmetics and personal care, finding applications in food and beverage, aromatherapy, and household products. The cosmetic and personal care industry, in particular, is the largest consumer of rose extracts, with the market segment valued at US$ 155.6 Mn in 2022 and projected to reach US$ 303.9 Mn by the end of the forecast period.

Dominance of Rose Water
Among the various types of rose extracts, rose water dominates the global market in terms of volume. In 2022, the market for rose water was approximately 4,769 Tons, with expectations of a volume CAGR of 4.4% during the forecast period. This dominance is driven by rose water's versatility and widespread use in both skincare and culinary applications.

Market Frontrunners: Europe Leads the Way
In the European region, Germany holds the largest market share, with an approximate share of 18.7% in 2022, projected to reach US$ 48.9 Mn by 2032. The demand for rose extract in Europe is primarily driven by its increasing utilization in aromatherapy and the cosmetics and personal care sector. Rose extracts are known for their stress-relieving, antibacterial, and refreshing properties, making them ideal for treating tiredness and various skin problems. Aromatherapy, in particular, has gained popularity in countries like Germany and France as a natural treatment for physical and mental health issues.

Emerging Opportunities in Asia
East Asia and South Asia present significant growth opportunities for the rose extract market. The expanding food and beverage industry and the rising demand for health and wellness products are key drivers in these regions. Consumers in these areas are increasingly recognizing the health benefits of rose extracts, contributing to their growing popularity.

𝗖𝗹𝗶𝗰𝗸 𝗵𝗲𝗿𝗲 𝘁𝗼 𝘃𝗶𝗲𝘄 𝘁𝗵𝗲 𝗰𝗼𝗺𝗽𝗿𝗲𝗵𝗲𝗻𝘀𝗶𝘃𝗲 𝗿𝗲𝗽𝗼𝗿𝘁 𝗶𝗻 𝗳𝘂𝗹𝗹 𝗱𝗲𝘁𝗮𝗶𝗹 - https://www.transparencymarketresearch.com/rose-extract-market.html

Market Trends: Health Benefits Drive Demand
The growing consumer awareness of high-quality food that contributes to good health and provides nutritional value has led to a shift in eating habits and lifestyle adjustments. Obesity, a growing consumer problem due to sedentary lifestyles and poor eating habits, has increased the demand for food products with powerful health benefits. Rose extracts, known for their antioxidant and anti-inflammatory properties, support a healthy heart and soothe skin irritation, making them ideal for various skin types, including dry, oily, and sensitive skin.

Organic Rose Extracts: A Growing Segment
The penetration of organic rose extracts in end-use products is a significant trend supporting market growth. Consumers are increasingly favoring organic food products due to their perceived health benefits. Government programs promoting organic food, such as the Participatory Guarantee System, have further driven demand for organically processed rose products. The United States Department of Agriculture (USDA) has also played a crucial role by expanding programs and services for organic producers and handlers, thereby boosting the organic products market.

Strategic Focus on Product Development
Manufacturers in the rose extract market are focusing on enhancing their product portfolios through intensive research and development programs. They aim to provide best-in-class products with a quality assurance system and source the safest ingredients. For instance, Xi'an Peihong Biotechnology Co., Ltd. emphasizes offering healthy, nutritious ingredients and establishing a research and development center to develop innovative products. Alteya Organics LLC, another key player, manufactures products under strict USDA organic standards, distinguishing itself from other market players.

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Key Players in the Market
Several key players dominate the rose extract market (バラエキス市場), including Green Leaf Solutions, Rosesattar, Sakha International, Alba Grups LTD, Alteya Organics, Aromaaz International, Ecomaat, First Natural Brands Ltd., Fleurchem, Inc., India Essential Oils, Thracian Oils Ltd., Xi'an Peihong Biotechnology Co., Ltd., Vaibhav Perfumery, Xena Bio Herbals, and Zahra Rosewater Company. These companies are continuously innovating and expanding their product offerings to meet the growing demand for rose extracts across various industries.

Browse More Reports by TMR:
Health Ingredients Market (Markt für Gesundheitszutaten) - https://www.transparencymarketresearch.com/health-ingredients-market.html

Fortified Rice Market (Marché du riz fortifié) - https://www.transparencymarketresearch.com/fortified-rice-market.html

About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

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