Chamomile Extract Market Scope
Chamomile (Matricaria recutita L.), commonly known as German chamomile, is an important medicinal and aromatic plant. The plant belongs to the daisy (Asteraceae) family and the flowers have a characteristic herbaceous fragrance. The flowers are actually not individual flowers but inflorescences. Chamomile is recommended in several disease conditions of the different body parts, such as those of the head and brain, eyes, ears, throat, teeth, and stomach. It is also used to treat pregnancy-related ailments. Specific conditions of women and infants are also treated using chamomile.
The market study is being classified by Type (Chamaemelum Nobile and Marticaria Recutita), by Application (Food And Beverages, Pharmaceuticals, Dietary Supplements, Personal Care/Cosmetics and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to avail of a competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Chamomile Extract market throughout the predicted period.
Arjuna Natural Extracts Ltd (India), New Zealand Extracts Ltd (New Zealand), Kemin Industries (United States), The Pharmaceutical Plant Company (Australia), Afriplex (South Africa), Crown Iron Works Company (United States), Changsha Vigorous-Tech Co., Ltd. (China), Gehrliche (Germany), Ampak Company, Inc (New York) and Nutra Canada (Canada) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Martin Bauer Group (Germany).
AdvanceMarketAnalytics has segmented the market of Global Chamomile Extract market by Type, Application and Region.
On the basis of geography, the market of Chamomile Extract has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
"Several countries have laws in place to regulate the manufacture and marketing of and herbal medicines. A study by the WHO in 2005 revealed that 53 countries had regulations related to traditional medicine (WHO 2005). The Food and Drugs Act, 2003, Compendium of pharmaceuticals and specialties, Canadian drug reference for health professionals, Compendium of Nonprescription Products, United States Pharmacopoeia, Herbal medicines, Expanded Commission E Monographs, ESCOP Monographs, WHO Monographs, Pharmacopoeia of the People’s Republic of China, Physicians’ Desk Reference for Herbal Medicines, British Herbal Compendium, and British Herbal Pharmacopoeia, GMP."
- Introduction as use in Relaxing Sleep Aid
- Growing Demand for Organic Cosmetic
- The Growing Health Consciousness Among Consumers
- High Demand due to the Hectic & Busy Life Schedule of Industry Professionals
- Growing Food and Beverages Industry in Developing Countries
- High Adoption in Pharmaceuticals Industry
- The Growing Concern Related to Conventional Allopathic Medicine
- Increasing Use of Chemical Based Cosmetics
- The Stringent Government Regulations
Key Target AudienceChamomile Extract Manufactures, Chamomile Extract Suppliers, Chamomile Extract Distributors, Government Regulatory Bodies, Government Research Organizations, Private Research Organizations and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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