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Hibiscus Flower Powder Market size was valued at USD 2.5 billion in 2022 and is anticipated to register a CAGR of 6.5% between 2023 and 2032. Growing consumer awareness of the health benefits associated with hibiscus flower powders, such as their high antioxidant content, potential to lower blood pressure, and rich vitamin C content, is driving demand for Hibiscus-based products like teas, supplements, and skincare products.
The global trend towards natural and herbal products, driven by concerns about synthetic ingredients and their potential health risks, is boosting the demand for hibiscus flower powders and their extracts
Report Attribute | Details |
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Base Year: | 2022 |
Hibiscus Flower Powder Market Size in 2022: | USD 2.5 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 6.5% |
2032 Value Projection: | USD 4.8 Billion |
Historical Data for: | 2018 - 2022 |
No. of Pages: | 180 |
Tables, Charts & Figures: | 273 |
Segments covered: | Source, Flavor, Distribution channel, Fat Content |
Growth Drivers: |
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Pitfalls & Challenges: |
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The hibiscus flower powders have a seasonal production cycle, which can lead to supply fluctuations and price volatility. This can be a challenge for businesses dependent on a consistent supply. Climate change and adverse weather conditions can affect the production and quality of hibiscus flower powders. Extreme weather events can lead to reduced harvests and impact the hibiscus flower powders market.