Report Ocean published a recovery-based report for ‘Global Floral Extract Market’ that provides crucial details on company opportunities, growth plans, trends, innovations, the competitive landscape in 2022, and the geographic outlook. Based on relevant market and regional segmentation, a thorough assessment of this worldwide market includes the historical analysis of this market (from 2023 to 2032) and develops reliable and approximative timeline estimations up to 2032.
Global Floral Extract Market is valued approximately at USD 2.2 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.3 % over the forecast period 2022-2028.
Floral Extract is a non-toxic extract of the daisy flower often used to brighten skin and prevent hyperpigmentation. The extract provides antiseptic properties that can remove bacteria from the surface of the skin, keeping it healthy. The rising health & environment concern and growing demand for natural products has led the adoption of Floral Extract across the forecast period. Conscious about the health and skin there is rise in demand of organic products.
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For Instance: as per the World Health Organization (WHO) thirteen million deaths annually are attributable to preventable environmental causes, the report estimates that 24% of the Global disease burden (healthy life years lost) and 23% of all deaths (premature mortality) are attributable to environmental factors, with the environmental burden of diseases being 15 times higher in developing countries than in developed countries, due to differences in exposure to environmental risks and access to health care and Global sales of organic food have increased between 2000 and 2019. In 2019, sales of organic food amounted to 106 billion U.S. dollars, up from nearly 18 billion dollars in 2000. Also, with the growing popularity of natural products and rising demand for organic cosmetics, the adoption & demand for Floral Extract is likely to increase the market growth during the forecast period. However, expensive products costs and barrier to cross-border commodity transportation impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the Global Floral Extract Market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the changing lifestyle, consumption pattern and rising demand for organic cosmetics. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as urbanization, increased incomes, sprung in number of working women, and growing importance of men grooming products would create lucrative growth prospects for the Floral Extract Market across Asia-Pacific region.
Major market player included in this report are:
- The Lebermuth Co., Inc
- Carrubba Incorporated
- Firmenich SA Company
- Givaudan Company
- Hddes Group
- Herbarom Laboratoire
- International Flavors & Fragrances Inc.
- Kalishankar Export
- Kancor Ingredients Limited
- Katyani Exports
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Source:
Jasmine
Rose
Lavender
Tuberose
Mimosa
Marigold
Others
By Application:
Skincare
Haircare
Makeup
Body Care & Toiletries
Fragrances
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of Content
Market Overview
Market Definition and Scope
Market Dynamics
Market Industry Analysis
Market, Regional Analysis
Analysis of Leading Companies
Competitive Intelligence
Research Process
Market Analysis and Forecast, By Product Types
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