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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 2021-2026.
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 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.
By source, the market is bifurcated into:
The market is divided based on form into:
On the basis of application, the industry can be segmented into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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.
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:
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
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 Industry Opportunities and Challenges
8 Global Chamomile Extract Market Analysis
8.1 Key Industry Highlights
8.2 Global Chamomile Extract Historical Market (2016-2020)
8.3 Global Chamomile Extract Market Forecast (2021-2026)
8.4 Global Chamomile Extract Market by Source
8.4.1 Organic
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Conventional
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.5 Global Chamomile Extract Market by Form
8.5.1 Liquid
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Powder
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.6 Global Chamomile Extract Market by Application
8.6.1 Food and Beverages
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2016-2020)
8.6.1.3 Forecast Trend (2021-2026)
8.6.2 Traditional Medicine
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2016-2020)
8.6.2.3 Forecast Trend (2021-2026)
8.6.3 Scenting Agent
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2016-2020)
8.6.3.3 Forecast Trend (2021-2026)
8.6.4 Cosmetics
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2016-2020)
8.6.4.3 Forecast Trend (2021-2026)
8.6.5 Others
8.7 Global Chamomile Extract Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.2 Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.3 Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.4 Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.5 Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Mountain Rose Herbs
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 NOW Health Group, Inc.
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Herbo Nutra
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Others
14 Industry Events and Developments
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 Figures and Tables
1. Global Chamomile Extract Market: Key Industry Highlights, 2016 and 2026
2. Global Chamomile Extract Historical Market: Breakup by Source (USD Billion), 2016-2020
3. Global Chamomile Extract Market Forecast: Breakup by Source (USD Billion), 2021-2026
4. Global Chamomile Extract Historical Market: Breakup by Form (USD Billion), 2016-2020
5. Global Chamomile Extract Market Forecast: Breakup by Form (USD Billion), 2021-2026
6. Global Chamomile Extract Historical Market: Breakup by Application (USD Billion), 2016-2020
7. Global Chamomile Extract Market Forecast: Breakup by Application (USD Billion), 2021-2026
8. Global Chamomile Extract Historical Market: Breakup by Region (USD Billion), 2016-2020
9. Global Chamomile Extract Market Forecast: Breakup by Region (USD Billion), 2021-2026
10. North America Chamomile Extract Historical Market: Breakup by Country (USD Billion), 2016-2020
11. North America Chamomile Extract Market Forecast: Breakup by Country (USD Billion), 2021-2026
12. Europe Chamomile Extract Historical Market: Breakup by Country (USD Billion), 2016-2020
13. Europe Chamomile Extract Market Forecast: Breakup by Country (USD Billion), 2021-2026
14. Asia Pacific Chamomile Extract Historical Market: Breakup by Country (USD Billion), 2016-2020
15. Asia Pacific Chamomile Extract Market Forecast: Breakup by Country (USD Billion), 2021-2026
16. Latin America Chamomile Extract Historical Market: Breakup by Country (USD Billion), 2016-2020
17. Latin America Chamomile Extract Market Forecast: Breakup by Country (USD Billion), 2021-2026
18. Middle East and Africa Chamomile Extract Historical Market: Breakup by Country (USD Billion), 2016-2020
19. Middle East and Africa Chamomile Extract Market Forecast: Breakup by Country (USD Billion), 2021-2026
20. North America Historical Price Trends and Forecast 2016-2026
21. Europe Historical Price Trends and Forecast 2016-2026
22. Asia Pacific Historical Price Trends and Forecast 2016-2026
23. Latin America Historical Price Trends and Forecast 2016-2026
24. Middle East and Africa Historical Price Trends and Forecast 2016-2026
25. Global Chamomile Extract Market Structure
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