Rose Extract Market Size to grow by USD 180.7 million between 2024-2028
Technavio, a leading provider of market research reports, has released its latest study on Rose Extract Market. This report offers a comprehensive analysis of the current market trends, emerging opportunities, and key challenges.
Key Highlights:
The market size is estimated to grow by USD 180.7 million, at a CAGR of 7.44% during the forecast period. The global rose extract market is experiencing a surge in demand due to its application in aromatherapy for stress relief. Aromatherapy, a holistic healing treatment, employs natural plant extracts, including rose extract, to foster health and well-being. The sweet, floral scent of rose extract is renowned for its soothing effect on the mind and body, making it an ideal choice for reducing stress and anxiety. Moreover, rose extract's anti-inflammatory properties contribute to alleviating pain and discomfort caused by prolonged stress and tension. Consequently, the market for rose extract is poised for significant growth as more consumers opt for natural remedies to manage stress and promote relaxation.
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The rose extract market represents a significant business opportunity for manufacturers and suppliers due to its widespread usage in various industries, including food and beverage, cosmetics, and pharmaceuticals. Demand for rose extract is driven by its unique aroma and medicinal properties, making it an essential ingredient in numerous consumer products. Market growth is expected to continue, fueled by increasing consumer awareness and preference for natural, organic ingredients.
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