The global chamomilla Recutita market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). The chamomilla recutita extract is a natural humectant, which assists bind moisture to the skin. The extract is an anti-inflammatory, antioxidant, antiseptic, and antimicrobial owing to its active compound, bisabolol. The rise in the prevalence of mild skin conditions such as acne, black spots, scars, and more are anticipated to drive the growth of the chamomilla recutita extract market. For instance, according to the data published by National Center for Biotechnology Information (NCBI) in 2020, acne is the most prevalent disease with a prevalence of 9.4% globally. Moreover, a cross-sectional study was designed, where the data was collected from 484 residents of Hail city. The study revealed that 65.0% of respondents were suffering from mild to moderate acne and 81% of respondents had acne on the whole face. Thus, by simple cost effective life modification, its occurrence and the late consequence could be minimized. Therefore, the prevalence of mild skin conditions is anticipated to drive the demand for the chamomilla recutita extract market.
Looking toward the demand for chamomilla Recutita extracts, key market players are adopting various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in October 2019, Sibelius Natural Products had launched its botanical ingredient, Sibelius: Chamomile. The company stated that the ingredient is a Roman Chamomile extract formulated to support restful sleep and maintain immune health. Moreover, the Sibelius: Chamomile will be marketed and distributed by Barrington Nutritionals. Thus, such product launches are anticipated to accelerate the growth of the global chamomilla recutita extract market.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape– Arjuna Natural Extracts, New Zealand Extracts and GREAF among others.
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Global Chamomilla Recutita Extract Market Report by Segment
By Type
- Pharmaceutical Grade
- Food Grade
- Industrial Grade
- Others
By Application
- Food & Beverages
- Dietary supplements
- Cosmetics
- Pharmaceuticals
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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