The Increased understanding of the side effects of synthetic aromas and the health benefits provided by phytomedicines and herbal extracts are driving the demand for the market.
The Passion Flower Extracts Market is projected to reach USD 3.97 billion in 2027. The growing use of antioxidant compounds such as isovitexin, vitexin, quercetin, kaempferol, apigenin, rutin and luteolin glycosides are expected to stimulate demand growth in foodstuffs, pharmaceuticals and personal care products.
Extracts of organic passion flowers are expected to expand between 2019 and 2027. The importance of organic labeling in nutritional and pharmaceutical sectors is expected to encourage the use of Passiflora extract as functional ingredients due to increased knowledge about the freshness of products and the drawbacks of synthetic chemical ingredients. The product decreases the amount of soil pollution, which supports the health of the ecosystem.
One of the primary markets is projected to remain in the pharmaceutical industry. A growing number of health concerns, including insomnia and anxiety disorders, attributable to fluctuating diet and hectic working environments for the workers, are projected to push pharmaceutical firms to use passion floral extract as functional ingredients.
In the coming years, Europe is expected to dominate the market of passion extracts. More than 15% of Europe’s population was affected by the insomnia, including night-time waking, difficult sleep at night, and exhaustion during the day in 2018 in 16 countries including Portugal, France, Germany, Spain and Italy. The high prevalence of insomnia in sleep induction drugs is expected to improve the use of passion floral extracts.
Access Free sample PDF Copy of the Report @ https://www.reportsanddata.com/sample-enquiry-form/3504
In order to launch new products and raise market share, businesses are investing in innovation and R&D.
The COVID-19 impact:
The COVID-19 pandemic does not impact the competitiveness of businesses. The key market leaders are unsure of the industry’s prospects and are trying to solve this issue. Most hospitals and other services have had a significant effect on their pandemic. There is no money to avoid rising lockouts in various parts of the world. With regard to COVID-19, demand for domestic product, export and imports decreased considerably. The biggest corporations in the world would tend to slash their budgets in order to create cash reserves. Eventually, real efficiency levels will contribute to more avenues for workers and organizations to fulfill their demands at much lower costs.
Further key findings from the report suggest
- The demand growth for passion flower extract is driven primarily by the remedy industry, followed by the food and beverage industry as well as food supplements.
- The associated CNS effects are caused by the active ingredients of the passion flower extracts such as chrysin and pyrone derived maltol.
- From 2019 to 2027, organic products are projected to grow most rapidly in CAGR. The growing demand for organic products is driving increasing concerns about the impacts of hazardous chemicals found in traditional products.
- During the forecast era, the pharmaceutical segment will increase significantly. The segment growth is projected to be driven by high demand in pharmaceutical applications such as anxiety and insomnia cure.
- From 2019 to 2027 it is expected that the personal care segment will rise fastest. The product is rich in vitamins A and C, as well as essential fatty acids that protect the skin.
- The most rapid expansion of the 2019-2027 CAGR is expected in North America. In countries including the United States and Canada, a high prevalence of insomnia is expected to raise drug demand.
- In March 2019, BI Nutraceuticals, a leading full service producer and supplier of plant-based ingredients, was acquired by Martin Bauer Company. This acquisition is expected to create a large portfolio of the company’s botanical ingredients. This will also increase the US customer base for the product.
- Key players in the market include Saw Palmetto Harvesting Company, Monterey Bay Spice Company, Vitacost, Indena S.p.A., The Good Scents Company, Naturalin Bio-Resources Co., Ltd, SBL Global, Avena Botanicals, Alchem International Pvt. Ltd., and Martin Bauer Group, among others.
Request for Custom Research @ https://www.reportsanddata.com/request-customization-form/3504
For the purpose of this report, Reports and Data has segmented into the Passion Flower Extracts Market on the basis of Product, Application, and Region:
Product Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Personal care
- Food and beverages
Regional Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- North America
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Saudi Arabia
- Rest of MEA
Get Attractive Discount @ https://www.reportsanddata.com/discount-enquiry-form/3504
Explore Reports and Data’s Prime Analysis of the global Materials and Chemicals Industry:
Galactosidase Market Size, Share & Share By Product Type (Alpha-galactosidase, Beta-galactosidase), By Form (Capsule, Tablet, and Others), By Application (Food & Beverages, Pharmaceuticals, Pulp & Paper, Feed, Others), and By Region, Forecast to 2028
LNG ISO Tank Container Market Size, Share & Analysis, By Type (< 25 ft, 25-40 ft, > 40 ft), By Application (Marine Transportation, Land Transportation), And By Region, And Forecast To 2028
Compostable Bags Market Size, Share & Analysis, By Product Type (Home Compostable Plastic, Ecopond Flex 162, BWC BF 90A, BioPBS FD92, Others), By Material Type (PLA, PBS, PHA, PBAT, Paper, Starch Blends, Cellophane, Others), By End-use (Packaging, Retail & Consumer Goods, Food & Beverages, Agriculture & Horticulture, Buildings & Construction, Automotive, Textile, Others), And By Region, Forecast To 2028
Synthetic Web Sling Market Size, Share & Analysis, By Type (Eye and Eye (EE) Web Slings, Endless/Infinite Loop (EN) Web Slings, Reverse Eye (RE) Web Slings, Triangle/Choker Fittings (TC) Web Slings, Triangle/Triangle Fittings (TT) Web Slings, Wide Lift (LT) Web Slings), By Material (Polyester, Nylon), By Application (Transport, Packaging, Mining, Shipping, And Others), And By End-Use, And By Region Forecast To 2028
Oxymatrine Market Size, Share & Analysis, By Type (Purity: 98%, Purity: 99%, Purity: Above 99%), By Application (Pharmaceuticals, Pesticides, Others), And By Region Forecast To 2028
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: [email protected]
Read Full Press Release: https://www.reportsanddata.com/press-release/global-passion-flower-extracts-market
Purushottam Raj Gaurav is part of a talented team of content writers working at Emergen Research, fastest growing market research firms in the industry. He has experience in developing quality content and is currently involved in writing articles, press releases, and blogs for the company. He is highly motivated and enjoys putting ideas and thoughts into words to enable the reader to experience a seamless perusal.