Skip to content
WONGCW News

WONGCW News

Global Hibiscus Extract Market to be Driven by the Thriving Pharmaceutical Sector in the Forecast Period of 2023-2028

Global Hibiscus Extract Market to be Driven by the Thriving Pharmaceutical Sector in the Forecast Period of 2023-2028

February 3, 2023 David Henry Comments 0 Comment

The new report by Expert Market Research titled, ‘Global Hibiscus Extract Market Size, Share, Price, Trends, Growth, Report and Forecast 2023-2028, gives an in-depth analysis of the global hibiscus extract market, assessing the market based on its segments like sources, forms, sales channels, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/hibiscus-extract-market/requestsample

The key highlights of the report include:

Market Overview (2018-2028)

Forecast CAGR (2023-2028): 5%

The global market for hibiscus extract is being driven by the thriving pharmaceutical sector. Hibiscus has been used in folk medicine as a diuretic and mild laxative, treating cancer and cardiac and nerve diseases. The rising demand for hibiscus extract in the pharmaceutical sector for the production of medicines that control high blood pressure, high cholesterol, increase the production of breast milk, and many other conditions is a leading factor propelling the market growth. The rising application of the product in the food and beverage, cosmetics and personal care, among others, is likely to propel the sales of hibiscus extract in the forecast period.

The market is further projected to be aided by the shift in consumer preference for natural products, especially among women, who prefer natural cosmetic products. In terms of region, the Asia Pacific is anticipated to account for a significant share in the market, owing to the high importance of traditional medicines in several countries, such as South Korea, Malaysia, and India. Over the forecast period, the potential growth of the retail sector, owing to the rising standards of living and significant GDP growth of the regions, like India and China, are likely to provide impetus to the market growth of hibiscus extract in the Asia Pacific region.

Hibiscus Extract Industry Definition and Major Segments

Hibiscus extract is a product that can be found in the form of powder or liquid and is prepared from hibiscus, which is a large and colourful flower. The product is known for its medicinal uses and can help treat a variety of problems.

Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/hibiscus-extract-market

By source, the market is divided into:

• Organic
• Conventional

The market, based on form, can be classified into:

• Powder
• Liquid

On the basis of sales channel, the market can be segmented into:

• Direct Sales
• Retail Sales

Based on application, the industry can be categorised into:

• Food and Beverages
• Pharmaceuticals
• Dietary Supplements
• Cosmetics and Personal Care
• Others

The regional markets for hibiscus extract include:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Hibiscus Extract Market Trends

The growing R&D activities in the pharmaceutical sector and the rising investments towards the development of medications that can treat the problem of high blood pressure and cholesterol are likely to be the major trend in the global hibiscus extract market. Meanwhile, the rising development aimed at producing natural cosmetic and beauty products is anticipated to be another key trend shaping the growth of the market.

Key Market Players

The major players in the market include Xian Shunyi Bio-Chemical Technology Co., Ltd, Wild Hibiscus Flower Co, and Ransom Naturals Ltd, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Read More Reports:

Global C5ISR Market: https://www.marketwatch.com/press-release/global-c5isr-market-to-be-driven-by-advancement-in-defense-solutions-in-the-forecast-period-of-2021-2026-2022-12-26?mod=search_headline

Global Surgical Sutures Market: https://www.marketwatch.com/press-release/global-surgical-sutures-market-to-be-driven-by-demand-from-the-healthcare-industry-in-the-forecast-period-of-2021-2026-2022-12-26?mod=search_headline

Global AC Drives Market: https://www.marketwatch.com/press-release/global-ac-drives-market-to-be-driven-by-increasing-demand-from-large-scale-end-use-industries-in-the-forecast-period-of-2021-2026-2022-12-26?mod=search_headline

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: Alex Parker, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com

Related


Technology

Post navigation

PREVIOUS
Global Video on Demand Market to be driven by demand from increasing number of smart devices in the Forecast Period of 2023-2028
NEXT
What Are the Benefits of Underfloor Heating System in Your Home?

Leave a Reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More results...

Generic filters
Exact matches only
Search in title
Search in excerpt
Search in content
Filter by Categories
Business
Cryptocurrency
Cyber Security
Entertainment
Featured
Giveaway
Health
Musical instrument
Network
SEO
Social Media
Software
Sports
Technology
WordPress
Content from
Content to
February 2023
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728  
« Jan   Mar »

Categories

  • Business
  • Cryptocurrency
  • Cyber Security
  • Entertainment
  • Featured
  • Giveaway
  • Health
  • Musical instrument
  • Network
  • SEO
  • Social Media
  • Software
  • Sports
  • Technology
  • WordPress

Archives

Recent Posts

  • Arkansas Solar: 7 Things You Should Know
  • Overview of  calculator-online:
  • What Is an ALTA Survey? Plus 3 Reasons You Need One
  • Debunking the Most Common Bitcoin Trading Myths That Exist Today
  • Solar panel system: How it works and what are the benefits?
  • All About JPG Images: How to Download, Edit, and More
  • How to Create Engaging Instagram Reels for Your Brand
  • What is Safety of Showering After Taking Ivermectin
  • Weight Loss Tips Using Diet Chart For Your Best Health
  • How to Find the Right Female Escort in the USA for You
© 2023   All Rights Reserved.