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Hibiscus Flower Powder Market Trends

Report ID: GMI7361
Published Date: Nov 2023
Report Format: PDF

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Hibiscus Flower Powder Market Trends

The focus on health and wellness continued to be a significant driver for the hibiscus market. Consumers' interest in natural and herbal remedies, along with the growing awareness of the health benefits of Hibiscus, led to an increased demand for Hibiscus-based products. Hibiscus tea and beverages gained popularity due to their refreshing taste and potential health benefits. This trend was expected to continue, with companies innovating by introducing new Hibiscus-infused beverages.

Authors: Kiran Pulidindi, Manish Mohanan

Frequently Asked Questions (FAQ) :

The market size of hibiscus flower powder reached USD 2.5 billion in 2022 and is set to register 6.5% CAGR from 2023-2032, due to growing consumer awareness about the health benefits.

The conventional product type segment recorded USD 2.9 billion in 2022, owing to their affordability compared to their organic or specialty counterparts.

Asia Pacific market size was valued at USD 1.5 billion in 2022, attributed to the rising middle-class population and increasing urbanization in the region.

Bio Organic, Fortune Health Care, Herbeno Herbals, Rena Beverage Solutions, The Republic of Tea, Traditional Medicinals, and Wild Hibiscus Flower Powder Co. are some of the major hibiscus flower powder companies worldwide.