Expert Market Research Explores the Top 5 Companies in the Global Horehound Market

The global horehound market is being aided by the horehound supplements market, which is expected to grow at a CAGR of 6.8% in the forecast period of 2021-2026. As per the analysis by Expert Market Research, the market is expected to be driven by the increasing demand for plant-based and botanical products globally.

 
The market is being positively driven by the rising health awareness, growing demand for herbal and organic supplements, and increasing prevalence of cough, bronchitis, and digestive disorders. Other factors such as the growing use of horehound and advancements in the food and beverage industry are boosting the market growth. Furthermore, the thriving pharmaceutical industry, easy availability of the product, and rising consumer demand for herbal dietary supplements are aiding the market growth of horehound in the Asia Pacific region.

The major players in the global horehound market include Ricola Group AG and Bickford Flavors. Ricola Group AG’s most famous herb drop, Original herb drop, contains 13 naturally grown herbs, including horehound for refreshing mouth and throat. Bickford Flavors offers horehound flavourings in its collection of over 200 stock flavours for use in candy, sauces and fudge. The flavour is often used in candies to relieve a dry, scratchy and sore throat. These products are available on Amazon.com (NASDAQ: AMZN), an e-commerce site, which provides fast delivery of various products at one’s doorstep. The growing demand for these products for various throat-related problems is aiding the market growth.

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Top 5 Horehound Companies in the World:

Ricola Group AG

Ricola Group AG is a Swiss company engaged in exporting herb specialities globally. The company’s products include various flavours of cough and mint drops like lemon mint, cranberry, elderflowers, and others. Ricola Group AG operates in over 50 countries with a workforce of about 500 employees, generating revenue of CHF 340 million annually.

The Great American Spice Co.

The Great American Spice Co. is an American manufacturer, distributor, and seller of spices. The company provides high-quality FDA approved spices for chicken, veggies and steak, and sauces and oils. It sells spices, blends, and rubs through its online retail website and wholesale marketplace for merchants, distributors, restaurants and foodservice organisations. The company received over 9000 orders in 2020.

Bickford Flavors

Bickford Flavors is a US-based flavour and extract manufacturer and supplier with over 200 stock flavours. The company sells natural, FD&C certified colours, water and oil-soluble extracts and flavours, and miscellaneous products for wholesale and retail businesses. The products are gluten-free, vegan, and certified kosher.

Mountain Rose Herbs

Mountain Rose Herbs is an American processor, distributor and retailer of herbs, spices, teas, essential oils, containers, and other products. The company is one of the largest distributors of organic dried herbs in the United States and has over 1,500 botanical items and a total of about 6,000 different finished products. It ships the products to customers in Canada and the United States.

Herb Pharm, LLC

Herb Pharm, LLC is a US-based herbal company that provides single herb extracts, herbal compounds, tonics, glycerites, oils and salves, capsules, and powders. The company’s liquid herbal extract line is a best seller in American natural product stores and works with over 250 plants and plant parts using non-GMO farming techniques to produce the best herbal products. The company has a workforce of over 130 employees.