Wilmington, Delaware, United States, June 10, 2022 (GLOBE NEWSWIRE) -- The global rose extract market is estimated to register growth at a CAGR of 6.1% during the forecast period from 2022 to 2032, notes a review by Transparency Market Research (TMR).
Rose extracts are gathering traction owing to their ability to provide antibacterial, stress-relieving, and refreshing properties that are beneficial in curing tiredness and skin issues. Over the period of past few years, the popularity of aromatherapy has been on surge as a medical treatment for different health-related issues including physical and mental health problems using rose extracts. Hence, rising adoption of aromatherapy is leading to revenue-generation opportunities in the global rose extract market.
Companies in the rose extract market are focusing to maintain their leading positions using different strategies such as new product launches, partnerships, and collaborations. Moreover, they are increasing R&Ds in order to improve the quality of the products they offer. This aside, enterprises are performing study of ongoing trends of the rose extract market while deciding their business expansion strategies. These factors are helping in the global rose extract market development.
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Rose Extract Market: Key Findings
- Rose extracts find wide application in the personal care and cosmetic industries due to their antifungal and antibacterial properties. Thus product is gaining traction as they are highly active compounds with an ability to eliminate toxins from the body and to assist in stopping the bacterial growth. These benefits of the product are projected to help in the growth of the rose extract market during the forecast period.
- Rose extracts are being utilized in varied other end-use industries including aromatherapy, retail/household, and food & beverage due to their multifunctional advantages. Hence, the expansion of these industry verticals is expected to generate profitable business opportunities in the rose extract market in the years ahead. Moreover, the market is being driven by improving spending power of people from around the world, specifically in emerging economies.
- Rose comprises antioxidant compounds with high antioxidant properties that can help in maintaining the health of heart. Owing to anti-inflammatory properties of rose extracts, they are widely utilized to reduce the skin redness and sooth irritation. Hence, rose extracts are known to be ideal for use in almost all skin types including oily, dry, and sensitive skins, notes a TMR study on the global rose extract market.
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Rose Extract Market: Growth Boosters
- Rising product use in a wide range of cosmetics and personal care products is estimated to drive the sales growth in the rose extract market during the forecast period
- Surge in the inclination among people toward using products manufactured with natural ingredients is driving the demand for rose extracts in the food and beverages industries
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Rose Extract Market: Regional Analysis
- The rose extract market in Europe is projected to gain sizable business prospects during the forecast period owing to rise in the use of rose extract in the regional personal & cosmetics care industries and for aromatherapy
- Players are attracting prominent business opportunities in East Asia and South Asia owing to rapid expansion of the food and beverage industries together with surge in the use of health and wellness products among regional populace
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Rose Extract Market: Key Players
Some of the key players profiled in the report are:
- Rosesattar
- Green Leaf Solutions
- Alba Grups LTD
- Sakha International
- Aromaaz International
- Alteya Organics
- First Natural Brands Ltd.
- Ecomaat
- India Essential Oils
- Fleurchem, Inc.
- Xi'an Peihong Biotechnology Co., Ltd.
- Thracian Oils Ltd.
- Xena Bio Herbals
- Vaibhav Perfumery
- Zahra Rosewater Company
Rose Extract Market Segmentation
Nature
- Organic
- Conventional
Type
- Rose Oil
- Rose Concrete
- Rose Absolute
- Rose Water
End Use
- Cosmetics & Personal Care
- Food & Beverage Industry
- Aromatherapy
- Retail/ Household
Distribution Channel
- Business to Business
- Business to Consumer
- Hypermarkets/ Supermarkets
- Specialty Stores
- Online Retail
Regions Covered
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa
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