The global rosehip extract market is forecasted to reach USD 324.0 million by 2024 and is projected to grow to USD 547.0 million by 2034, with a compound annual growth rate (CAGR) of 5.1% from 2024 to 2034.
Key drivers of this market include the increasing demand for plant-based proteins, immune-boosting supplements, and natural energy products. Consumers are increasingly opting for natural alternatives to synthetic products, contributing to the growth of the rosehip extract market.
Rosehip extract is widely used in skincare and beauty products, thanks to its antioxidant properties and high vitamin C content, which are sought after for skin health. This has driven demand for rosehip extract in the beauty and skincare industry.
The diverse applications of rosehip extract, ranging from culinary uses in soups and teas to its role as an anti-aging and dietary supplement ingredient, further strengthen its demand. The rising interest in botanical solutions across food, dietary supplements, and cosmetics offers a significant opportunity for the market’s continued growth.
Key Insights from the Rosehip Extract Market Report:
- The rosehip extract market is projected to reach a valuation of USD 547.0 million by 2034.
- The global market is expected to grow at a CAGR of 5.1% through 2034.
- China’s rosehip extract market is anticipated to expand at a CAGR of 5.6% by 2034.
- The U.S. market is projected to reach a valuation of USD 103.9 million in 2034.
- In terms of end-use, the cosmetics and personal care segment is expected to capture 7.1% of the market share in 2024.
Competitive Landscape:
Key Companies Profiled
- S.A. Herbal Bioactives LLP
- Afriplex
- Spectrum Chemical
- Avi Naturals
- ParkAcre Enterprises Ltd.
- Herbal Bioactives LLP
- FENGCHEN GROUP CO., LTD.
- Biossance
- Now Foods
- Xi’an Green Spring Technology Co., Ltd
- Leven Rose
- HERBO NUTRA EXTRACT PRIVATE
Leading manufacturers of rosehip extract are continuously refining the quality of their products to meet evolving consumer expectations and demands.
They are employing multifaceted strategies such as mergers, acquisitions, partnerships, distribution agreements, collaborations, advertisements, and celebrity endorsements to fortify their position in the market. By leveraging these tactics, they aim to enhance brand visibility and establish credibility & trust among consumers, ultimately gaining a competitive advantage in the increasingly dynamic landscape of rosehip extract supplements.
Report Preview: https://www.futuremarketinsights.com/reports/rosehip-extract-market
Rosehip Extract Market Segmentation by Category:
By Product Form:
- Liquid Extracts
- Semi-solid Extracts
- Dry Extracts
By End-use:
- Food and Beverages
- Dietary Supplement
- Cosmetics and Personal Care
- Pharmaceuticals
- Animal Feed
- Retail
By Distribution Channel:
- Direct Sales
- Retail
- Hypermarkets/ Supermarkets
- Convenience Stores
- Pharmacy and Health Stores
- Specialty Stores
- Independent Small Groceries
- Online Retailing
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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