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Global Chamomile Extract Market: By Source: Organic, Conventional; By Form: Liquid, Powder; By Application: Food and Beverages, Traditional Medicine, Scenting Agent, Cosmetics, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Competitive Landscape; Industry Events and Developments
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 2022-2027.
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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: Industry Definition and 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.
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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.
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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 industry based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| 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, EMR’s 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. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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 Industry Opportunities and Challenges
8 Global Chamomile Extract Market Analysis
8.1 Key Industry Highlights
8.2 Global Chamomile Extract Historical Market (2017-2021)
8.3 Global Chamomile Extract Market Forecast (2022-2027)
8.4 Global Chamomile Extract Market by Source
8.4.1 Organic
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Conventional
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.5 Global Chamomile Extract Market by Form
8.5.1 Liquid
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Powder
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
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 (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Traditional Medicine
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 Scenting Agent
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2021)
8.6.3.3 Forecast Trend (2022-2027)
8.6.4 Cosmetics
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2017-2021)
8.6.4.3 Forecast Trend (2022-2027)
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 (2017-2021)
9.1.2 Forecast Trend (2022-2027)
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 (2017-2021)
9.2.2 Forecast Trend (2022-2027)
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 (2017-2021)
9.3.2 Forecast Trend (2022-2027)
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 (2017-2021)
9.4.2 Forecast Trend (2022-2027)
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 (2017-2021)
9.5.2 Forecast Trend (2022-2027)
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 (2017-2021) and Forecast (2022-2027)
12.2 Europe Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.3 Asia Pacific Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.4 Latin America Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.5 Middle East and Africa Historical Price Trends (2017-2021) and Forecast (2022-2027)
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), 2017-2021
3. Global Chamomile Extract Market Forecast: Breakup by Source (USD Billion), 2022-2027
4. Global Chamomile Extract Historical Market: Breakup by Form (USD Billion), 2017-2021
5. Global Chamomile Extract Market Forecast: Breakup by Form (USD Billion), 2022-2027
6. Global Chamomile Extract Historical Market: Breakup by Application (USD Billion), 2017-2021
7. Global Chamomile Extract Market Forecast: Breakup by Application (USD Billion), 2022-2027
8. Global Chamomile Extract Historical Market: Breakup by Region (USD Billion), 2017-2021
9. Global Chamomile Extract Market Forecast: Breakup by Region (USD Billion), 2022-2027
10. North America Chamomile Extract Historical Market: Breakup by Country (USD Billion), 2017-2021
11. North America Chamomile Extract Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Europe Chamomile Extract Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Europe Chamomile Extract Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Asia Pacific Chamomile Extract Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Asia Pacific Chamomile Extract Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Latin America Chamomile Extract Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Latin America Chamomile Extract Market Forecast: Breakup by Country (USD Billion), 2022-2027
18. Middle East and Africa Chamomile Extract Historical Market: Breakup by Country (USD Billion), 2017-2021
19. Middle East and Africa Chamomile Extract Market Forecast: Breakup by Country (USD Billion), 2022-2027
20. North America Historical Price Trends and Forecast 2017-2027
21. Europe Historical Price Trends and Forecast 2017-2027
22. Asia Pacific Historical Price Trends and Forecast 2017-2027
23. Latin America Historical Price Trends and Forecast 2017-2027
24. Middle East and Africa Historical Price Trends and Forecast 2017-2027
25. Global Chamomile Extract Market Structure
Key Questions Answered in the Report
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 2021 and 2026.
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.
The shift towards organic and clean-labelled cosmetic products is expected to be the key market trend guiding the growth of the industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading sources of chamomile extract in the market are organic and conventional.
The significant forms of chamomile extract in the industry are liquid and powder.
The major application segments in the market are food and beverages, traditional medicine, scenting agent, and cosmetics, among others.
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 2022-2027, 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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