Reports

Chamomile Extract Market

Global Chamomile Extract Market Price, Share, Size, Research, Report: By Source: Organic, Conventional; By Form: Liquid, Powder; By Application: Food and Beverages, Traditional Medicine, Scenting Agent, Cosmetics, Others; Regional Analysis; Market Dynamics; Value Chain Analysis; Price Analysis; Competitive Landscape; 2023-2028

Global Chamomile Extract Market Outlook

The global chamomile extract market is being aided by the growing chamomile industry, which is expected to grow at a CAGR of 9% in the forecast period of 2023-2028.

 

Global Chamomile Extract Market

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Increasing Demand from Various Application Sectors to Aid the Chamomile Extract Industry Growth

Based on application, the food and beverages industry is one of the leading segments in the global market for chamomile extract. The sweet and lightly herbal notes of chamomile give it a sophisticated and unique flavour. The chamomile extract is most widely used in tea to induce sedation (calming effects) owing to its refreshingly sweet yet relaxing and grounding herbal and fruit notes. The United States imports between 750,000 and one million pounds of chamomile each year, with an estimated 90% of its consumption in herbal tea. Chamomile is also used in beer and wine making and is one of the key flavoring ingredients in traditional wheat beer preparation. Additionally, chamomile preparations are used to treat many human ailments such as inflammation, hay fever, muscle spasms, menstrual disorders, insomnia, wounds, and gastrointestinal disorders, among others. The dried chamomile flowers contain many terpenoids and flavonoids that contribute to its medicinal properties. Further, due to the curative and preventive properties of chamomile, its essential oil is extensively utilised in cosmetics and aromatherapy. Thus, the increasing demand from these industries is contributing to the chamomile extract industry growth.

 

Chamomile Extract: Market Segmentation

Chamomile extracts are obtained from chamomile, a daisy-like flowering plant that comes from the Asteraceae family of plants. The two common varieties of Chamomile are German Chamomile (Chamomilla recutita) and Roman Chamomile (Chamaemelum nobile). Chamomile is one of the most ancient medicinal herbs and has been used for centuries as an antioxidant, anti-inflammatory, and healing medicine to treat wounds, ulcers, skin irritations, bruises, burns, and other ailments. Owing to its calming and soothing properties, it is often referred to as a relaxing herb. It has various applications, ranging from beverages to cosmetics and aromatherapy.

 

Global Chamomile Extract Market By Application

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By source, the market is bifurcated into:

  • Organic
  • Conventional

The market is divided based on form into:

  • Liquid
  • Powder

On the basis of application, the industry can be segmented into:

  • Food and Beverages
  • Traditional Medicine
  • Scenting Agent
  • Cosmetics
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Chamomile Extract Market By Region

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Increasing Demand for Natural Products and the Thriving Tea Industry to Bolster the Growth of the Chamomile Extract Industry

The growing health awareness among consumers and the increasing demand for natural products is driving the growth of the chamomile extract industry. The market is also being supported by the increasing popularity of herbal tea among the health-conscious consumers. The innovations in the food and beverages industry are significantly contributing to the market growth. Several studies have demonstrated the effectiveness of chamomile preparations, such as tea and essential oil aromatherapy, to treat insomnia. Thus, the increasing prevalence of sleep disorders due to sedentary lifestyle is also aiding the industry growth.

Over the forecast period, the increasing preference for organic and clean-labelled cosmetic products is expected to further propel the industry forward. However, the availability of other natural alternatives may hamper the industry growth.

 

Key Industry Players in the Global Chamomile Extract Market

The report gives a detailed analysis of the following key players in the global chamomile extract market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Mountain Rose Herbs
  • NOW Health Group, Inc. 
  • Herbo Nutra
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Source, Form, Application, Region
Breakup by Source Organic, Conventional
Breakup by Form Liquid, Powder
Breakup by Application Food and Beverages, Traditional Medicine, Scenting Agent, Cosmetics, Others
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Mountain Rose Herbs, NOW Health Group, Inc. , Herbo Nutra, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Chamomile Extract Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Chamomile Extract Historical Market (2018-2022) 
    8.3    Global Chamomile Extract Market Forecast (2023-2028)
    8.4    Global Chamomile Extract Market by Source
        8.4.1    Organic
            8.4.1.1    Historical Trend (2018-2022)
            8.4.1.2    Forecast Trend (2023-2028)
        8.4.2    Conventional
            8.4.2.1    Historical Trend (2018-2022)
            8.4.2.2    Forecast Trend (2023-2028)
    8.5    Global Chamomile Extract Market by Form
        8.5.1    Liquid
            8.5.1.1    Historical Trend (2018-2022)
            8.5.1.2    Forecast Trend (2023-2028)
        8.5.2    Powder
            8.5.2.1    Historical Trend (2018-2022)
            8.5.2.2    Forecast Trend (2023-2028)
    8.6    Global Chamomile Extract Market by Application
        8.6.1    Food and Beverages
            8.6.1.1    Historical Trend (2018-2022)
            8.6.1.2    Forecast Trend (2023-2028)
        8.6.2    Traditional Medicine
            8.6.2.1    Historical Trend (2018-2022)
            8.6.2.2    Forecast Trend (2023-2028)
        8.6.3    Scenting Agent
            8.6.3.1    Historical Trend (2018-2022)
            8.6.3.2    Forecast Trend (2023-2028)
        8.6.4    Cosmetics
            8.6.4.1    Historical Trend (2018-2022)
            8.6.4.2    Forecast Trend (2023-2028)
        8.6.5    Others 
    8.7    Global Chamomile Extract Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2022)
            8.7.1.2    Forecast Trend (2023-2028)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2022)
            8.7.2.2    Forecast Trend (2023-2028)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2022)
            8.7.3.2    Forecast Trend (2023-2028)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2022)
            8.7.4.2    Forecast Trend (2023-2028)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2022)
            8.7.5.2    Forecast Trend (2023-2028)
9    North America Chamomile Extract Market Analysis
    9.1    United States of America
        9.1.1    Historical Trend (2018-2022)
        9.1.2    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Historical Trend (2018-2022)
        9.2.2    Forecast Trend (2023-2028)
10    Europe Chamomile Extract Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2022)
        10.1.2    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Historical Trend (2018-2022)
        10.2.2    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Historical Trend (2018-2022)
        10.3.2    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Historical Trend (2018-2022)
        10.4.2    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Chamomile Extract Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2022)
        11.1.2    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Historical Trend (2018-2022)
        11.2.2    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Historical Trend (2018-2022)
        11.3.2    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2022)
        11.4.2    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Historical Trend (2018-2022)
        11.5.2    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Chamomile Extract Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2022)
        12.1.2    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2022)
        12.2.2    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2022)
        12.3.2    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Chamomile Extract Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2022)
        13.1.2    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2022)
        13.2.2    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2022)
        13.3.2    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2022)
        13.4.2    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis
    16.1    North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
    16.2    Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
    16.3    Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
    16.4    Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
    16.5    Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
17    Competitive Landscape
    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    Mountain Rose Herbs
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    NOW Health Group, Inc.
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Herbo Nutra
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Others
18    Key Trends and Developments in the Market

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment

 

List of Key Figures and Tables

1.    Global Chamomile Extract Market: Key Industry Highlights, 2018 and 2028
2.    Global Chamomile Extract Historical Market: Breakup by Source (USD Billion), 2018-2022
3.    Global Chamomile Extract Market Forecast: Breakup by Source (USD Billion), 2023-2028
4.    Global Chamomile Extract Historical Market: Breakup by Form (USD Billion), 2018-2022
5.    Global Chamomile Extract Market Forecast: Breakup by Form (USD Billion), 2023-2028
6.    Global Chamomile Extract Historical Market: Breakup by Application (USD Billion), 2018-2022
7.    Global Chamomile Extract Market Forecast: Breakup by Application (USD Billion), 2023-2028
8.    Global Chamomile Extract Historical Market: Breakup by Region (USD Billion), 2018-2022
9.    Global Chamomile Extract Market Forecast: Breakup by Region (USD Billion), 2023-2028
10.    North America Chamomile Extract Historical Market: Breakup by Country (USD Billion), 2018-2022
11.    North America Chamomile Extract Market Forecast: Breakup by Country (USD Billion), 2023-2028
12.    Europe Chamomile Extract Historical Market: Breakup by Country (USD Billion), 2018-2022
13.    Europe Chamomile Extract Market Forecast: Breakup by Country (USD Billion), 2023-2028
14.    Asia Pacific Chamomile Extract Historical Market: Breakup by Country (USD Billion), 2018-2022
15.    Asia Pacific Chamomile Extract Market Forecast: Breakup by Country (USD Billion), 2023-2028
16.    Latin America Chamomile Extract Historical Market: Breakup by Country (USD Billion), 2018-2022
17.    Latin America Chamomile Extract Market Forecast: Breakup by Country (USD Billion), 2023-2028
18.    Middle East and Africa Chamomile Extract Historical Market: Breakup by Country (USD Billion), 2018-2022
19.    Middle East and Africa Chamomile Extract Market Forecast: Breakup by Country (USD Billion), 2023-2028
20.    North America Historical Price Trends and Forecast 2018-2028
21.    Europe Historical Price Trends and Forecast 2018-2028
22.    Asia Pacific Historical Price Trends and Forecast 2018-2028
23.    Latin America Historical Price Trends and Forecast 2018-2028
24.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
25.    Global Chamomile Extract Market Structure

Key Questions Answered in the Report

What is the growth rate of the global chamomile extract market?

The global chamomile extract market is expected to be supported by the growth of the chamomile industry, which is projected to grow at a CAGR of 9% between 2023 and 2028.

What are the major industry drivers?

The major drivers of the industry, such as the rising health concern, increasing demand for plant-based products, growing incidences of sleep disorders, expanding tea industry, and innovations in food and beverages sector, are expected to aid the market growth.

What are the key industry trends of the global chamomile extract market?

The shift towards organic and clean-labelled cosmetic products is expected to be the key market trend guiding the growth of the industry.

What are the major regional markets of chamomile extract, according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the leading sources of chamomile extract in the market?

The leading sources of chamomile extract in the market are organic and conventional.

What are the significant forms of chamomile extract in the industry?

The significant forms of chamomile extract in the industry are liquid and powder.

What are the major application segments in the market?

The major application segments in the market are food and beverages, traditional medicine, scenting agent, and cosmetics, among others.

Who are the key industry players, according to the report?

The major players in the industry are Mountain Rose Herbs, NOW Health Group, Inc., and Herbo Nutra, among others.

Analyst Review

The global chamomile extract market is being driven by the rising demand for plant-based products. The market is aided by the growing chamomile market, which is expected to witness a healthy growth in the forecast period of 2023-2028, growing at a CAGR of 9%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on source, the market is divided into organic and conventional. By form, the industry is bifurcated into liquid and powder. On the basis of application, the market is divided into food and beverages, traditional medicine, scenting agent, and cosmetics, among others. The major regional markets for chamomile extract are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Mountain Rose Herbs, NOW Health Group, Inc., and Herbo Nutra, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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