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Passion Flower Extracts Market Size Worth $3.62 Billion By 2025

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.

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Passion Flower Extracts Market Size Worth $3.62 Billion By 2025

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  1. Passion Flower Extracts Market Size Worth $3.62 Billion By 2025 “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.” 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. 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. Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/global-passion-flower-extracts-market/request-sample

  2. Further key findings from the report suggest: • Conventional product segment accounted for USD 2.19 billion of revenue in 2018 • Personal care application segment is anticipated to grow at the fastest CAGR of 8.3% over the forecast period. • North America is anticipated to grow at the fastest CAGR of 6.7% over the forecast period • Major players functioning in the market include Monterey Bay Spice Company, Vitacost, Saw Palmetto Harvesting Company, The Good Scents Company, SBL Global, Indena S.p.A., Naturalin Bio-Resources Co., Ltd, Martin Bauer Group, Alchem International Pvt. Ltd., and Avena Botanicals Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-passion-flower-extracts-market Million Insights has segmented the global passion flower extracts market on the basis of product, application, and region: Passion Flower Extracts Product Outlook (Revenue, USD Million, 2015 - 2025) • Organic • Conventional Passion Flower Extracts Application Outlook (Revenue, USD Million, 2015 - 2025) • Pharmaceutical • Nutraceutical • Personal Care • Food and Beverages Passion Flower Extracts Regional Outlook (Revenue, USD Million, 2015 - 2025)

  3. • North America • U.S. • Canada • Europe • Germany • U.K. • Asia Pacific • India • China • Central & South America • Brazil • Middle East & Africa See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/healthcare

  4. Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184

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