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Passion Flower Extracts Market To Grow Exponentially With 5.2% CAGR By 2025 – Consumer Behavior Analysis, Product Estimates And Profit Margin Study | Million Insights

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Passion Flower Extracts Market To Grow Exponentially With 5.2% CAGR By 2025 – Consumer Behavior Analysis, Product Estimates And Profit Margin Study | Million Insights

December 14
08:04 2020
Passion Flower Extracts Market To Grow Exponentially With 5.2% CAGR By 2025 - Consumer Behavior Analysis, Product Estimates And Profit Margin Study | Million Insights

Million Insights – World’s Fastest Growing Market Research Database
According to new report available with Million Insights, the global passion flower extract industry research report offers thorough insights on product, application and prominent players. This study enables many opportunities for the market players to invest in research and development.

The global passion flower extracts market size is projected to touch USD 3.62 billion by the year 2025, according to a new report by Million Insights. It is anticipated to grow at a CAGR of 5.2% through the forecast period of 2019-2025. Increasing usage of the product in pharma, personal care and food products owing to presence of a number of antioxidant compounds likeisovitexin, quercetin, rutin, luteolin glycosides, vitexin, apigenin, and kaempferol, is expected to proliferate the product demand.

Organic passion flower extract segment is anticipated to grow at a CAGR of 6.2% over the forecast period. Increasing importance of using organic compounds in pharma and nutrition sectors is advocating awareness regarding the freshness of the products and adverse effects of synthetic chemical ingredients. These factors are expected to stimulate the usage of passion flower extract as functional ingredients.

To download the sample PDF of “Passion Flower Extracts Market” Report please click here: https://www.millioninsights.com/industry-reports/global-passion-flower-extracts-market/request-sample 

 

Europe is projected to dominate the passion flower extract market for the next eight years. Almost 15% of the European population across 16 countries including France, Portugal, Germany, Italy, and Spain, in 2018, was suffering from symptoms of insomnia that included difficulty in falling asleep at night, feeling tired in the daytime and waking up at odd hours during the night. This is anticipated to boost the usage of passion flower extracts in making sleep inducing drugs to cure insomnia. 

Companies are emphasizing on investing in R&D and new product development to gain competitive advantage. For example, Nature’s Answer introduced standardized veggie capsules having passion flower extract and an exceptional process of bio-chelated proprietary extraction.  

To browse report summary & detailed TOC, please click the link below:
https://www.millioninsights.com/industry-reports/global-passion-flower-extracts-market 

 

Further key findings from the report suggest:

• Conventional product segment accounted for USD 2.19 billion of revenue in 2018

• Personal care application segment is anticipated to grow at the fastest CAGR of 8.3% over the forecast period.

• North America is anticipated to grow at the fastest CAGR of 6.7% over the forecast period

• Major players functioning in the market include Monterey Bay Spice Company, Vitacost, Saw Palmetto Harvesting Company, The Good Scents Company, SBL Global, Indena S.p.A., Naturalin Bio-Resources Co., Ltd, Martin Bauer Group, Alchem International Pvt. Ltd., and Avena Botanicals

Million Insights has segmented the global passion flower extracts market on the basis of product, application, and region:

Passion Flower Extracts Product Outlook (Revenue, USD Million, 2015 – 2025)
    • Organic
    • Conventional

Passion Flower Extracts Application Outlook (Revenue, USD Million, 2015 – 2025)
    • Pharmaceutical
    • Nutraceutical
    • Personal Care
    • Food and Beverages

Passion Flower Extracts Regional Outlook (Revenue, USD Million, 2015 – 2025)
    • North America
        • U.S.
        • Canada
    • Europe
        • Germany
        • U.K.
    • Asia Pacific
        • India
        • China
    • Central & South America
        • Brazil
    • Middle East & Africa

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About Million Insights

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive marketplace that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

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