Global market demand for Mullein Leaf is estimated at US$3,285.5 million in 2022 and is projected to grow at a CAGR of 3.5% between 2022 and 2032, estimated at US$4,781.6 million. The growth is attributed to increased demand for herbal products, particularly in the pharmaceutical industry.
Global Mullein leaf market: Key developments
Bio-Botanica Inc. introduced Mullein Leaf Zea Botanicals product line which is a liquid blend of mullein leaf extract and Zemea for the use as a personal care and cosmetic product. Zemea is a bio-based product by DuPont Tate & Lyle Bio Products.
Download In-depth Report Sample@
https://www.futuremarketinsights.com/reports/sample/rep-gb-8455
Aadvantics Pharmaceuticals Inc., a California-based company granted US patent in 2014 for the herbal product consisting of the combination of five different herbs that can be used to prevent or treat cough. The composition contains extracts of thyme leaf, mullein leaf, cocoa, wild cherry bark, and Boswellia Serrata.
Mullein leaf and leaf extract have GRAS status by the FDA as there are no serious side-effects recorded so far. However, many of the mullein leaf and leaf extract sold by the manufacturers under the category of herbal medicines lack FDA approval for the said treatment by the manufacturer.
Mullein leaf, a weed with plentiful benefits as an herb
Mullein leaf is available in loose as well as in powder format and further processed to produce leaf extract and also tincture. Mullein leaf works well in treating various problems like cough, earaches, cold, flu, fever, sore throat, allergies, asthma, diarrhea, migraines, and joint pain.
Mullein leaf tea is consumed to aid in sleep. Otherwise, mullein leaf can also be applied to the skin for burns, hemorrhoids, bruises, wounds, and skin infection. Mullein leaf is considered to be an effective demulcent, diuretic, antiviral, antifungal, antitumor, anti-inflammatory, anti-spasmodic, and antibacterial.
Mullein leaf has a bitter taste to it and has been used as a flavoring agent in alcoholic beverages. Other application of mullein leaf includes fertilizer industry due to a chemical called as rotenone it contains.
Global Mullein leaf market: Key players
Bio-Botanica Inc., Penn Herb Co. Ltd., Nature’s Answer, Starwest Botanicals Inc., Baar Products, Inc., Mountain Rose Herbs, Alvita, Solaray, Lucky Mojo Curio co., Payne Mountain Farms, Swanson Vitamins are some of the key players in the global Mullein leaf market.
Global Mullein leaf market: Opportunity
Mullein plant is considered as a noxious weed by some of the states of the US such as Colorado and Hawaii as these areas are not native region for the plant. This leads to stringent rules and regulation by the government on the cultivators and manufacturer of the mullein leaf.
This might affect the market of mullein leaf these regions. Since the plant is not noxious in Europe and Asia, the native region of the plant, there is opportunity for mullein leaf in these markets.
Brief Approach to Research
The research report presents a comprehensive assessment of the Mullein leaf market, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies.
Click to get Customized Report@
https://www.futuremarketinsights.com/customization-available/rep-gb-8455
Key Data Points Covered in the Mullein leaf Report
- An overview of the global Mullein leaf market, including background and advancement.
- Macroeconomic factors affecting the Mullein leaf market and its potential.
- Market dynamics, such as drivers, challenges, and trends.
- Detailed value chain analysis of the Mullein leaf market.
- The cost structure of and segments covered in the study.
- In-depth pricing analysis, by crucial Mullein leaf segments, regions, and by major market participants.
- Analysis of supply and demand the Mullein leaf, such as top producing and consuming geographies, imports/exports, and overall trade scenario.
- Analysis of the market structure, including a tier-wise categorization of key market participants of Mullein leaf market.
- Competitive landscape of the market, including detailed profiles of the top players in the Mullein leaf market.
Regional analysis of the Mullein leaf market includes
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
- Western Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Rest of Western Europe)
- Eastern Europe (Poland, Russia, Ukraine, Rest of Eastern Europe)
- Japan
- Asia Pacific Excluding Japan (Greater China, India, South Korea, ASEAN Countries, Rest of APEJ)
- Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain of the Mullein leaf market.
The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors of the Mullein leaf market, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies of Mullein leaf.
Talk to an Analyst@
https://www.futuremarketinsights.com/ask-question/rep-gb-8455
Mullein leaf market segmentation
Mullein leaf market segmentation on the basis of type:
- Wild
- Cultivated
Mullein leaf market segmentation on the basis of nature:
- Organic
- Conventional
Mullein leaf market segmentation on the basis of end use:
- Beverages
- Pharmaceutical
- Herbal supplement
- Dyeing
- Cosmetics
- Fertilizer
Mullein leaf market segmentation on the basis of packaging:
- Bottle
- Pouch
Mullein leaf starch market segmentation on the basis of distribution channel:
- Wholesale
- Online retailer
- Supermarket
- Specialty stores
Read Some other Report:
https://faceblox.mn.co/posts/25232563?utm_source=manual
https://drujrake.mn.co/posts/25232571?utm_source=manual
https://digg.com/news/link/almond-oil-market-3oHF5tSJ3k
About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10 years.
Contact Us:
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers,
Dubai
United Arab Emirates
For Sales Queries: sales@futuremarketinsights.com
Browse All Report: https://www.futuremarketinsights.com/reports