Flower Extract Market Growth, Size, Share, Trends, and Forecast 2032

According to the report published by Zion Market Research, the global Flower Extract Market size was valued at USD 2,691.70 Million in 2023 and is predicted to reach USD 4,175.70 Million by the end of 2032. The market is expected to grow with a CAGR of 5.00% during the forecast period. The report analyzes the global Flower Extract Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Flower Extract Market industry.

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Global Flower Extract Market: Overview

The flower extract is extracted with the help of solvents such as water or ethanol, they are basically a mixture of essential crudes which is extracted from different parts of the flower. Flower extracts have many beneficial properties and hence they are widely used in many of the end-use industries such as cosmetic, pharmaceutical, food and beverage, etc.

Global Flower Extract Market: Segmentation

The global market for the flower extract is fragmented into form, type and application.

According to the form, the market is segregated into liquid, powder, and others.

Based on the type, the market is categorized into decoctions and oils.

• The oils segment includes safflower, passion, hibiscus, rose, and others. The oils segment will dominate the market in the coming years.
• The decoctions are widely used for the medicinal purposes.

Depending on the applications, the market is divided into cosmetics, food and beverages industry, pharmaceuticals, chemicals, dyes. The cosmetic segment is dominating the market which is followed by the pharmaceutical industry.

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Global Flower Extract Market: Growth Factors

The key factor that is driving the flower extract market is the rise in the demand for the natural ingredients that are extracted from the flower in the processed food industry. The flower extracts are used in multiple applications such as in the medical sector as certain flower extracts have medicinal properties and they are also used in food industry to add colors to the food products. The significant growth of the cosmetic industry and the organic food industry are other factors that will contribute to the market growth in the future years. The increasing awareness among the consumers about the health benefits of the flower extracts and the increasing adoption of the flower extract-based products are other major factors that are driving the global flower extracts market.

Flower Extract Market : Report Scope

Global Flower Extract Market: Regional Analysis

The region wise segmentation of the global flower extract market is diversified into North America, Asia-Pacific, Western Europe, Eastern Europe, the Middle East and Africa, and Latin America. The region that is dominating the flower extract market is Asia Pacific region. The region that is following the footsteps of the Asia Pacific region is the North America. The factors that are contributing to the market growth are the rise in the use of oils in the personal care products, rise in the use of the skincare products which are made from the flower extracts, use of flower extracts in the processed foods have significantly contributed to the revenue of the flower extract market. All these factors will significantly contribute to the robust growth of the market in the future years.

Global Flower Extract Market: Competitive Players

The key market players that are involved in the flower extract market include:

• Wild Hibiscus Flower Co.
• Naturalin Bio-Resources Co., Ltd.
• Shaanxi Pioneer Biotech Co., Ltd.
• NESSO-Natural & Essential Oils Pvt. Ltd.
• Katyani Exports
• New Way Herbs
• Hangzhou Gosun Biotech Co., Ltd.
• and many more.

The Global Flower Extract Market is segmented as follows:

By Form 

• liquid
• powder 
• and others 

By Type 

• decoctions 
• oils 

By Application 

• cosmetics 
• food and beverages industry
• pharmaceuticals
• chemicals 
• dyes

Global Flower Extract Market: Regional Segment Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.