Report ID: SQMIG30I2339
Report ID:
SQMIG30I2339 |
Region:
Global |
Published Date: March, 2024
Pages:
198
|
Tables:
63 |
Figures:
70
Global Hibiscus Flower Powder Market size was valued at USD 95.88 million in 2022 and is poised to grow from USD 98.85 million in 2023 to USD 126.20 million by 2031, growing at a CAGR of 3.1% in the forecast period (2024-2031).
Hibiscus flower powder is emerging as a valuable natural ingredient for organic cosmetics due to its anti-inflammatory and exfoliating properties, fostering its demand in products like soaps, shampoos, conditioners, masks, lotions, and creams. This trend is driving the market growth for hibiscus flower powder. Historical uses of hibiscus in various cultures include treating heart and nerve diseases, lowering body temperature, and aiding in diuresis. The plant's potential to lower blood pressure and cholesterol levels has been recognized through recent studies. India, a significant hibiscus cultivator, traditionally employs the plant for addressing hair issues, and the commercialization of its applications in personal care products like soaps and shampoos is positively influencing market expansion.
Hibiscus flower powder's therapeutic potential extends to combating inflammation, diabetes, and microbial infections. This versatility is driving demand, particularly in type 2 diabetes treatment medications. Challenges such as volatile raw material supply, unorganized cultivation practices, and labor shortages are faced by market players. Nevertheless, the growing preference for hibiscus-based food and beverages, along with the rising popularity of its consumption, is anticipated to drive market growth. As consumers become more accustomed to hibiscus-infused products, the demand for hibiscus flower powder is projected to grow steadily.
US Hibiscus Flower Powder Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG30I2339