Impact of Consumer Preferences on the Frangipani Extract Market

0
938

The global frangipani extract market, valued at US$ 34.85 Mn in 2022, is poised for substantial growth over the next decade. With an estimated CAGR of 4.9%, the market is expected to reach US$ 56.10 Mn by the end of 2032. This growth is driven by increasing consumer demand and significant investments in R&D by key players, aiming to improve the functionality of frangipani flowers.

Frangipani Extract in Various Applications
Frangipani extract is a versatile component widely used in food products, cosmetics, and personal care items. The extract's therapeutic properties and aromatic profile make it a popular ingredient in perfumes, beauty products, and traditional medicine. Its nourishing aesthetic properties are particularly valued in beauty products, while its invigorating scent finds extensive use in aromatherapy.

Aromatherapy
Aromatherapy, a therapeutic practice involving essential oils, is a significant application area for frangipani extract. The market for aromatherapy is projected to reach around US$ 21.74 Mn by 2032, with a CAGR of 5%. Frangipani extract is known for its ability to treat lifestyle diseases such as stress and exhaustion. Its use in diffusers, nebulizers, burners, inhalers, and carrier oils helps relax the mind, ease stress, and promote sound sleep. The oil form of frangipani extract is particularly effective in curing severe headaches and muscular aches due to its anti-inflammatory properties.

Cosmetics and Personal Care
In the cosmetics and personal care sector, frangipani extract holds around 45% of the market value share as of 2022. The rising popularity of natural products and increased use in various cosmetic formulations are driving market growth. Frangipani extract is incorporated in facial treatments, hair care products, and perfumes. Its anti-inflammatory and purifying properties make it beneficial for skin care, helping to fade pigmentation and make the skin blemish-free. The extract's rich, exotic fragrance is widely used in perfumery, and its moisturizing properties make it a popular ingredient in body lotions and facial creams.

𝗖đ—čđ—¶đ—°đ—ž đ—”đ—Č𝗿đ—Č đ˜đ—Œ đ˜ƒđ—¶đ—Č𝘄 đ˜đ—”đ—Č đ—°đ—Œđ—șđ—œđ—żđ—Čđ—”đ—Čđ—»đ˜€đ—¶đ˜ƒđ—Č 𝗿đ—Čđ—œđ—Œđ—żđ˜ đ—¶đ—» 𝗳𝘂đ—čđ—č đ—±đ—Čđ˜đ—źđ—¶đ—čhttps://www.transparencymarketresearch.com/frangipani-extract-market.html

Expanding Applications in the Food & Beverage Industry
The food and beverage industry presents profitable opportunities for frangipani extract market players. Although the use of floral extracts in food and beverages is relatively new, it is gaining traction in luxury cuisine and gourmet restaurants. The flavors industry is increasingly focusing on floral flavors, and frangipani extract's pure, pristine flavor can be used in various beverages, teas, and sweet syrups.

The foodservice industry is continually evolving to meet consumer expectations and follow new trends. The introduction of innovative and creative food and beverage products, such as frangipani martini and frangipani punch, is expected to drive demand for frangipani extract in the future.

Market Strategies and Key Players
Manufacturers of frangipani extract are focusing on enhancing extraction technology and expanding their global presence to meet rising consumer demand. Companies like Mane KANCOR and HDDES are investing in advanced technologies and improving quality standards to provide better products and services. HDDES, for instance, has obtained ISO 22000: 2018 and FSSC 22000 certifications and is expanding its presence in markets like Myanmar, Germany, Japan, Dubai, and the U.S.

Key players in the global frangipani extract market include Mane KANCOR, Veda Oils, INDIA AROMA OILS, AND COMPANY, HDDES, Manohar Botanical Extracts Pvt Ltd., Avi Naturals, A. G. Industries, Oshadhi, Nature's Flavors, Inc., The Plant Extracts Company Pty Ltd., Pure Oils India, Aromaaz International, Kush Aroma Exports, D.S. Fragrances, and Floral Essential Oil. These companies are leveraging opportunities in various industries, such as cosmetics, personal care, and food & beverages, to drive market growth.

About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

Contact:

Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com

Rechercher
Catégories
Lire la suite
Literature
Chafing Fuel Market Size to Grow at 4.00% CAGR, Globally, by 2030
A new research study on the global Chafing Fuel Market size 2023-2030 provides an industry...
Par gargijayaswal 2024-01-14 06:03:34 0 4KB
Jeux
Obtenez des Crédits FIFA 25 Immédiats et Profitez du Marché avec Livraison Instantanée
Obtenez des Crédits FIFA 25 Immédiats Dans l'univers compétitif de FIFA 25,...
Par Casey 2024-11-10 16:01:08 0 218
Literature
Innovative Materials in Bumper Molds: Enhancing Durability and Aesthetics
A bumper mold is a custom-made tool used in the injection molding process, which is employed...
Par zjhqhq 2024-11-20 01:27:23 0 75
Shopping
Exploring the Artistry of Hairdresser Simulator
Hairdresser Simulator invites players into the intricate world of hairstyling, where creativity...
Par rodeoneerer 2024-07-05 03:21:07 0 2KB
Jeux
Maximize Your Gaming Experience: A Complete Guide to EA FC 25 Coins and FIFA Coins for FIFA 25
Maximize Your Gaming Experience: A Complete Guide to EA FC 25 Coins and FIFA Coins for FIFA 25...
Par Casey 2024-11-07 02:29:11 0 162