Yarrow Market
Yarrow Market Analysis by Powder and Liquid Extract for Healthcare, Cosmetics, and Food & Beverages from 2022 to 2032
Analysis of Yarrow Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Yarrow Market Outlook (2022 to 2032)
Yarrow is marketed as a tough and adaptable perennial with spectacular flower heads made up of several small, closely packed flowers that rise above ferny leaf clusters. The blooms can be any color between yellow and pink, red, and pink. it is great for cutting and drying and is resistant to pests, drought, and insects. The plant also functions as an aromatic herb with numerous medicinal benefits!
Consumers across various regions are envisioned to invest highly in yarrow owing to the convenience factor associated with it. Various functionalities and inherent benefits of yarrow lead to rising adoption in the food, pharmaceutical, and cosmetics industries which raises the demand across the globe.
Traditional and herbal systems of medicine have always played a crucial role in meeting the requirements of global health care. The demand worldwide has significantly taken off, predominantly driven by the trend of food traceability by the new-age consumers seeking healthy alternatives.
It’s also a part of active first aid in case of nose bleeding. The market will experience growth during the projected period due to the rising use of yarrow in the production of Swedish beer, which helps with digestion. Due to the rapid shift in consumer attitudes regarding the safety of synthetic pharmaceuticals, more people are turning to traditional and herbal remedies.
The expanding consumer health sector to cater to the rising consumer demand for natural prevention and treatment options increases the adoption of traditional medicines which are being introduced and rediscovered, anticipating the growth of the yarrow market. This, in turn, is expected to have a new opportunity for manufacturers, who are engaged to maintain supremacy in the market across the globe.
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What factors are responsible for the growth in this market?
The market for is expected to rise as a result of factors such as rising research and development efforts and rising customer concerns about the integrity of synthetic pharmaceuticals. The global market is expanding as a result of growing healthcare spending, whether it comes from public or private sources. The market is expected to rise overall due to the benefits of yarrow, which include treating digestive and detoxification issues, relieving menopausal pain and leg cramps, and effectively conditioning skin.
Due to the numerous benefits associated with herbal extracts, including as their antioxidant and antibacterial characteristics, as well as their ability to inhibit pigmentation and prevent a variety of skin illnesses, the market is expected to grow throughout the course of the projected period.
With the introduction of green nutrients, consumers have become more conscious of their lifestyle preferences and tend to choose eco-friendly herbal options over the forecast period. Increasing consumer awareness regarding the benefits of herbal consumer products and focus by domestic players on the development of new and effective herbal products and also to enhance product visibility are some key factors driving demand for the market across the globe.
What factors can hinder the growth of this market in the forecast period?
The factor restraints the growth of the global market are less awareness among consumer about the beneficial effect of yarrow. Traditional and herbal also contain ingredients that are harmful and result in side effects. This necessitates proper prescription before the use of traditional and herbal medicines.
The fragrance extraction and oil formation is usually high cost inductive pro cesses wherein the manufacturers may increase the prices of end products that might deter the growth in the market as consumers likely to refrain from buying products due to high cost.
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Region wise Insights
It is indigenous to temperate areas of the Northern Hemisphere, including North America, Europe, and Asia. In both New Zealand and Australia, where it is a typical weed of both wet and dry environments, including roadsides, meadows, fields, and coastal areas, it has been introduced as a feed for animals.
Because of the form and texture of its leaves, it is known as plumajillo in New Mexico and southern Colorado, which translates to "small feather." It was referred to as herba militaris in ancient times because it was used to stop the flow of blood from wounds. Gordaldo, nosebleed plant, old man's pepper, devil's nettle, sanguinary, milfoil, soldier's woundwort, thousand-leaf, and thousand-seal are some of the other common names for this species.
North America and Europe are estimated to be the largest market followed by APEJ. Emerging countries, such as China and India, are expected to contribute heavily to the growth of the global due to rising incomes and the increasing healthcare & cosmetics sector.
Yarrow products in the pharmaceutical, cosmetics and food sectors are hygienic and of high quality. The world market comes with significant growth in In the Asia Pacific. Yarrow oil is a new product in various countries due to its therapeutic properties has the potential market to grow across the globe.
Manufacturers strategies to play crucial role
The choice of location and planting site is crucial for higher yield and overall growth in the market. Plant where there is full sun to promote dense growth and an abundance of blossoms. The plant grows lankier in partial sunlight or shade.
When planted in well-drained soil, yarrow thrives. It cannot survive consistently soggy soil; it prefers hot, dry environments. Although loamy soil is preferred, yarrow can also be cultivated in clay soil as long as it is not constantly moist. Product research and marketing can play mainstay role in the market penetration for many brands in the market.
The key players are continuously launching these products with remedial properties and long-term benefits, which is resulting in addressing existing consumer requirements and aiding in expanding customer base.
The key players in the market are mentioned below -
- The good scent company
- Starwest Botanicals
- Amphora Aromatics Ltd.
- Mother Bay Spice Company
- Organic Infusions, Inc.,
- Neal’s Yard Remedies
- Florihana
- Bristol botanicals ltd.
- Carruba, Inc.
- SRS Aromatics
- NHR organic oils
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Segment Wise Insights
Based on the form the yellow powder yarrow is widely used to make medicines and capsules. The raw form is also used in combination with the food and dishes. The end use industries dominated by pharmaceuticals as medicinal properties encourage use of yarrow for health remedies.
After medicine these are widely used in food and beverage industry due to nutritional value. The superstores and direct stores are dominant distribution channels at present while the third party online platforms expected to grow their share in forecast period.
Recent developments
- Neal yard remedies ltd. have recently introduced the classic everyday moisturiser for oily skin and intended to offer a soothing blend of yarrow and comfrey. This product helps keeping balance in natural oils and leave a fresh matte complexion on the skin.
- Bristol Botanicals have introduced all types of yarrow products including oil, powder, tincture and fluid extracts. The company is well-known for its high grade botanical products.
Yarrow Market Segmentation
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On the basis of Form :
- Powder
- Liquid extract
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On the basis of End-use :
- Healthcare
- Cosmetics
- Food & Beverages
-
On the basis of Sales Channel :
- Specialty Store
- Direct Store
- Third Party Online
- Other Sales Channel
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On the basis of Regions :
- North America
- U.S.
- Canada
- Latin America
- Mexico
- Brazil
- Argentina
- Chile
- Peru
- Western Europe
- Germany
- Italy
- France
- U.K
- Spain
- BENELUX
- Nordic
- Eastern Europe
- CIS and Russia
- Asia-Pacific
- China
- India
- ASEAN
- South Korea
- Japan
- Middle East and Africa
- GCC Countries
- South Africa
- Turkey
- Iran
- Israel
- North America
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Form 6.2. End-Use 6.3. Sales Channel 7. Global Market Analysis and Forecast, By Form 7.1. Powder 7.2. Liquid extract 8. Global Market Analysis and Forecast, By End-Use 8.1. Healthcare 8.2. Cosmetics 8.3. Food & Beverages 9. Global Market Analysis and Forecast, By Sales Channel 9.1. Specialty Store 9.2. Direct Store 9.3. Third Party Online 9.4. Other Sales Channel 10. Global Market Analysis and Forecast, By Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. Asia Pacific 10.6. East Asia 10.7. MEA 11. North America Sales Analysis and Forecast, by Key Segments and Countries 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries 13. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 14. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 15. Asia Pacific Sales Analysis and Forecast, by Key Segments and Countries 16. East Asia Sales Analysis and Forecast, by Key Segments and Countries 17. MEA Sales Analysis and Forecast, by Key Segments and Countries 18. Sales Forecast by Form, End-Use, and Sales Channel for 30 Countries 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 20. Company Profile 20.1. He good scent company 20.2. Starwest Botanicals 20.3. Amphora Aromatics Ltd. 20.4. Mother Bay Spice Company 20.5. Organic Infusions, Inc. 20.6. Neal’s Yard Remedies 20.7. Florihana 20.8. Bristol botanicals ltd. 20.9. Carruba, Inc. 20.10. SRS Aromatics 20.11. NHR organic oils
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List Of Table
Table 1: Global Market US$ Mn Forecast by Region
Table 2: Global Market US$ Mn Forecast by Form
Table 3: Global Market US$ Mn Forecast by End-Use
Table 4: Global Market US$ Mn Forecast by Sales Channel
Table 5: North America Market US$ Mn Forecast by Country
Table 6: North America Market US$ Mn Forecast by Form
Table 7: North America Market US$ Mn Forecast by End-Use
Table 8: North America Market US$ Mn Forecast by Sales Channel
Table 9: Latin America Market US$ Mn Forecast by Country
Table 10: Latin America Market US$ Mn Forecast by Form
Table 11: Latin America Market US$ Mn Forecast by End-Use
Table 12: Latin America Market US$ Mn Forecast by Sales Channel
Table 13: Western Europe Market US$ Mn Forecast by Country
Table 14: Western Europe Market US$ Mn Forecast by Form
Table 15: Western Europe Market US$ Mn Forecast by End-Use
Table 16: Western Europe Market US$ Mn Forecast by Sales Channel
Table 17: Eastern Europe Market US$ Mn Forecast by Country
Table 18: Eastern Europe Market US$ Mn Forecast by Form
Table 19: Eastern Europe Market US$ Mn Forecast by End-Use
Table 20: Eastern Europe Market US$ Mn Forecast by Sales Channel
Table 21: Asia Pacific Market US$ Mn Forecast by Country
Table 22: Asia Pacific Market US$ Mn Forecast by Form
Table 23: Asia Pacific Market US$ Mn Forecast by End-Use
Table 24: Asia Pacific Market US$ Mn Forecast by Sales Channel
Table 25: East Asia Market US$ Mn Forecast by Country
Table 26: East Asia Market US$ Mn Forecast by Form
Table 27: East Asia Market US$ Mn Forecast by End-Use
Table 28: East Asia Market US$ Mn Forecast by Sales Channel
Table 29: MEA Market US$ Mn Forecast by Country
Table 30: MEA Market US$ Mn Forecast by Form
Table 31: MEA Market US$ Mn Forecast by End-Use
Table 32: MEA Market US$ Mn Forecast by Sales Channel
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List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Form
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use
Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 4: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 5: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Form
Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use
Figure 7: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 8: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 9: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Form
Figure 10: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use
Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Form
Figure 14: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use
Figure 15: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 17: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Form
Figure 18: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use
Figure 19: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 20: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 21: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Form
Figure 22: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use
Figure 23: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 24: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 25: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Form
Figure 26: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use
Figure 27: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 28: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 29: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Form
Figure 30: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use
Figure 31: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 32: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How much growth potential this market has?
The market is estimated to grow at a CAGR of 5% during the forecast period.
Why does the market expected to grow?
The market is expanding owing to the increasing concerns about integrity of synthetic drugs.
Where will manufacturers likely to gain many opportunities?
Manufacturers are likely to find the most opportunities in North America.