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.
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Market Synopsis of Passion Flower Extracts Market:
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.
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.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Passion Flower Extracts: Market Variables, Trends & Scope
Chapter 4 Passion Flower Extracts: Product Estimates & Trend Analysis
Chapter 5 Passion Flower Extracts: Application Estimates & Trend Analysis
Chapter 6 Passion Flower Extracts: End-use Estimates & Trend Analysis
Chapter 7 Passion Flower Extracts: Industrial End-use Estimates & Trend Analysis
Chapter 8 Passion Flower Extracts: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Passion Flower Extracts: Manufacturers Company Profiles
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