Echinacea Market Regional Outlook and Application Demand Analysis, Forecast 2019 To 2025
Category: #business  By Deepak Pardhi  Date: 2019-08-22
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Echinacea Market Regional Outlook and Application Demand Analysis, Forecast 2019 To 2025

Europe echinacea market size driven by France, Italy, UK, and Germany is likely to increase owing to rise in consumption of herbal supplements, thereby proposing opportunities for the product to enter into beauty product manufacturers in Europe, especially in Germany. Europe herbal beauty products market size is predicted to surpass USD 2.5 billion by the forecasted timeframe on account of increasing demand for green cosmetics products at reasonable prices. Regional herbal beauty products market witness foremost trends including long-lasting herbal cosmetics products, shifting preference of consumers towards multipurpose, and specialized products, which should boost product demand.

Echinacea is a popular herb, a genus of herbaceous flowering plants in daisy family, filled with compounds that functions as antioxidants including cichoric acid, flavonoids, and rosmarinic acid, which defend human body against oxidative stress. Echinacea is widely used against infections including urinary tract, ear, throat and cold & flu. It is widely available in health shops, pharmacies, online portals as teas, dried herb, liquid extracts, and in the form of pills and capsules which may enhance echinacea market growth.

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Echinacea is widely used for widely used in providing wide range of medicinal benefits such as to improve immunity, reduce anxiety, control blood sugar, inflammation, skin health, and anti-cancer properties. It is also used as a dietary supplement for infections, and common cold. Echinacea is applied to the skin for skin problems and wounds; and help repair skin’s protective thin outer layer, reduce wrinkles, and improve skin hydration. It is extensively used as a supplement in treatment of numerous types of cancer as it slows down the growth of malevolent tumor cells, thus blocking the cancer’s ability to spread. It helps strengthen the immune system and repair damaged cells. In 2018, world cancer research fund stated that globally around 2 million women suffered from breast cancer, which is likely to rise in the forecasted period owing to increasing consumption of alcoholic drinks and changes in lifestyle patterns, which should rise echinacea market demand.

Echinacea market share is significantly competitive and the key players operating in the market are Solgar, Gaia Herbs, Jarrow Formulas, Nature’s Bounty, Now Foods, and Ancient Green Fields.
 

Echinacea Market, By Product Type, 2014-2025 (Tons) (USD Million)

  • Capsules
  • Ointments
  • Tablets
  • Creams
  • Emulsions
  • Extracts
  • Others

By Application, 2014-2025 (Tons) (USD Million)

  • Food & beverage
  • Cosmetics
  • Pharmaceuticals
  • Essential oils
  • Others

Echinacea Market By Form, 2014-2025 (Tons) (USD Million)

  • Powder
  • Liquid

 

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About Author

Deepak Pardhi    

Deepak Pardhi

Deepak Pardhi carries a brief yet notable experience in the digital marketing domain having worked on several projects across a range of niche verticals. Deepak is endorsed with a B.Tech degree in electrical & electronics engineering.

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