The surge in demand for Dandelion extract in the cosmetics and healthcare industry is driving the global Dandelion extract market.
The global Dandelion Extract market size is expected to reach close to USD 6 million by 2029 with an annualized growth rate of 5.4% through the projected period.
Covid-19 Impact & Market Status:
Since the pandemic the market has seen the rising buyer tendency towards organic products. It is further catalysing the headway larger dandelion extract market. Also, the rising utilizations of dandelion for clinical advantages is similarly fuelling the progression of global dandelion market. The demand for dandelion is also growing as it treats coronary infection, and assists with supporting resistance to many infections.
Besides, the rising uses of dandelion in private industry critical rise in diabetic patients and demand for dandelion tea is for reducing weight is broadly influencing the global dandelion market.
The report studies the market with qualitative analysis. This qualitative nature of these methodologies helps in identifying the global dandelion extract market key issues, global dandelion extract market economic status, key products and service and their demand and supply side dynamics, and other facts of these global dandelion extract market are briefed in the report. The report recommends recovery solutions and strategies to be incorporated to accelerate global dandelion extract market performance and fortify global dandelion extract market.
5% Or More Flavonoid Extract Segment Accounted For Maximum Market Share
The Global Dandelion Extract Market is classified into 5% or more flavonoid extract, 4% flavonoid extract, 3% flavonoid extract, other standard extracts, proportional extract on the basis of type of extract. Among these, the 5% or more flavonoid extract segment accounted for maximum market share and is anticipated to grow with highest CAGR in the forecast years owing to factors such as increasing demand for 5% or more flavonoid extract in cosmetics industry, healthcare sector, and retail sales.
Cosmetics Segment Continued To Rally To An Upward Market Growth
The Global Dandelion Extract Market is classified into cosmetics, medications and health products, others on the basis of application. Among these, the cosmetics segment gathered the highest market revenue in 2021.
APAC Dominated the Global Dandelion Extract Market In 2021
The global dandelion extract market is categorised into key regions including Middle East and Africa (MEA), Western Europe, Asia Pacific, North America, South America. Among all these regions, Asia Pacific saw high progression in global dandelion extract market owing to factors such as growing trend of organic products, booming cosmetics industry, presence of prominent firms, and high demand for antioxidant and anti-inflammatory products.
The increasing need for natural antioxidants and detoxifiers is improving the reliance on Dandelion extract furthering the development of global Dandelion extract market.
Owing to benefits such as anti-depressant, anti-inflammatory, highly nutritional, antioxidant properties, blood sugar regulation, lowered blood pressure, reduced inflammation, anti-rheumatic, anti-carcinogenic, Dandelion extract is experiencing rapid demand in the markets across the world thus fostering remarkable progress in global Dandelion extract market.
The key factors such as innumerable health benefits provided by Dandelion extract, growing awareness of Dandelion extract in healthcare industry, constant innovations brought in the market, growing demand for natural antioxidants and detoxifiers in the cosmetics industry is driving the global Dandelion extract market.
Apart from its dietary purpose, it is use to cure problems related to diuresis, nerve bladder, liver issues, dyspeptic battles, hunger, and blood glucose. Dandelion also plays an important role in treating viral ailments and dangerous growth. Dandelion extract is also used in tea and can be used as a caffeine-free espresso alternative.
These advantages of Dandelion encourage its adoption thus influencing thumping growth of the global Dandelion extract market. The global Dandelion Extract market is estimate to reach close to US$ 6.2 million by 2029 with annualized growth rate of 5.2% during 2022-2029.
Taraxacum consistently called as Dandelion is a nursery weed which has multiple benefits including liver health, kidney, and relieves stomach related problems. This plant used to apply on wounds and effects on cancers. Dandelion leaf is utilized in plates of mixed greens and tea while roots are sometime utilized as espresso substitute. Dandelion root has antioxidant properties and works on circulatory stream in the body.
However, lesser awareness of Dandelion extract among people in developing and underdeveloped countries, and Dandelion extract causing allergic reactions, stomach discomfort, diarrhea, or heartburn in some people is limiting the people from consuming Dandelion extract thus hampering the global Dandelion extract market.
Furthermore, growing trend of herbal products across the world, gymnastics trending globally, constant innovations and innovative products brought in the market for different applications is anticipated to be growth opportunity for the global Dandelion extract market.
Major Developments in Global Dandelion Extract Market: A Snapshot
- Making interest for conventional cell strongholds and detoxifiers in grandness care things and significance things is basically driving the improvement of generally speaking dandelion discrete as it is a brand name wellspring of different enhancements and dangerous development neutralization subject matter experts, which assists with treating the different skin issues. Likewise, the rising motivations behind dandelion extract in food and prizes industry is fuelling the improvement of the market.
Dandelion Extract Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2028||US$ 6.2 million.|
|Growth Rate||CAGR of 5.2% during 2021-2028|
|Segment Covered||Type, Application, End Use, Regions|
|Regions Covered||North America, Europe, Asia Pacific, South America, Middle East and South Africa|
|Key Players Profiled||The top companies that hold the market share in dandelion extract market are Chengdu Chenlv Herb Co., Ltd., W. Pfannenschmidt GmbH, Hunan Nutramax Inc., JIAHERB Inc., Shaanxi Hongda Phytochemistry CO. LTD., Xi'an ACETAR BIO-TECH INC., Shaanxi Haokang Bio-progression Co.,Ltd, Hunan Huakang Biotech, Inc.|
Key Segments of Global Dandelion Extract Market
Type Overview, 2019-2029 (USD Million)
- 3% Flavonoid Extract
- 5% Or More Flavonoid Extract
- Relating Extract
- Other Standard Extracts
- 4% Flavonoid Extract
Application Overview, 2019-2029 (USD Million)
- Medications and Health Products
End Use Industry Overview, 2019-2029 (USD Million)
- Helpful Industry
- Bundling Industry
Regional Overview, 2018-2028 (USD Billion)
- Rest of Europe
- Rest of Asia Pacific
- Rest of South America
Middle East and South Africa