Lemon Balm Extract Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
MARKET INTRODUCTION
Lemon balm is also known as Melissa officinalis and is considered to have a calming effect. Lemon balm is used for anxiety, indigestion (dyspepsia), dementia, stress, insomnia, Alzheimer's disease, and many other conditions; however, there is no good scientific evidence to support many of these uses. It is now often combined with other calming, soothing herbs, including valerian, chamomile, and hops, to promote relaxation. It is also utilized in creams to treat cold sores.
MARKET DYNAMICS
The lemon balm extract market has witnessed a significant growth owing to factors such as growing demand from health-conscious consumers globally. Various forms of lemon balm, such as liquid, powder, capsule, and cream, are on-demand by manufacturers of end-use products. Lemon balm, with its lemon-like flavor, is used in a culinary dish as an additive. It has been utilized to sweeten jam, jellies including as a flavoring for various fish & poultry dishes and liqueurs. Further, lemon balm is used for making perfumes, cosmetics, and furniture polish manufacturing. This extract is gaining significant acceptance for the patients suffering from anxiety due to its herbal nature and increasing consumer's trust in herbal medicines. This is anticipated to fuel the market growth of lemon balm extract during the forecast period. Increasing acceptance of herbal extracts in developed countries such as America and Western Europe attributed to its popularity as safe to use products is driving the herbal extract market and, in turn, fueling the growth of lemon balm extract. However, climatic changes may hamper the cultivation of lemon trees, which may hamper the growth of the lemon balm extract market. Also, various food regulations by the government can also restrain market growth. Nevertheless, with the rapid growth in the food processing industry and agriculture industry, there are opportunities for the market players to invest in this market.
MARKET SCOPE
The "Global Lemon Balm Extract Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the lemon balm extract market with detailed market segmentation by type, distribution channel, and geography. The global lemon balm extract market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading lemon balm extract market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global lemon balm extract market is segmented on the basis of type, and distribution channel. The lemon balm extract market on the basis of the type is classified into capsules, cream, liquid, and powder. On the basis of distribution channel, global lemon balm extract market is bifurcated into specialty stores, online stores, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global lemon balm extract market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The lemon balm extract market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the lemon balm extract market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the lemon balm extract market in these regions.
By Type
By Distribution Channel
MARKET PLAYERS
The reports cover various key developments in the global lemon balm extract market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from lemon balm extract market are anticipated to lucrative growth opportunities in the future with the rising demand for lemon balm extract in the global market. Below mentioned is the list of few companies engaged in the lemon balm extract market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the lemon balm extract market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
Lemon balm is also known as Melissa officinalis and is considered to have a calming effect. Lemon balm is used for anxiety, indigestion (dyspepsia), dementia, stress, insomnia, Alzheimer's disease, and many other conditions; however, there is no good scientific evidence to support many of these uses. It is now often combined with other calming, soothing herbs, including valerian, chamomile, and hops, to promote relaxation. It is also utilized in creams to treat cold sores.
MARKET DYNAMICS
The lemon balm extract market has witnessed a significant growth owing to factors such as growing demand from health-conscious consumers globally. Various forms of lemon balm, such as liquid, powder, capsule, and cream, are on-demand by manufacturers of end-use products. Lemon balm, with its lemon-like flavor, is used in a culinary dish as an additive. It has been utilized to sweeten jam, jellies including as a flavoring for various fish & poultry dishes and liqueurs. Further, lemon balm is used for making perfumes, cosmetics, and furniture polish manufacturing. This extract is gaining significant acceptance for the patients suffering from anxiety due to its herbal nature and increasing consumer's trust in herbal medicines. This is anticipated to fuel the market growth of lemon balm extract during the forecast period. Increasing acceptance of herbal extracts in developed countries such as America and Western Europe attributed to its popularity as safe to use products is driving the herbal extract market and, in turn, fueling the growth of lemon balm extract. However, climatic changes may hamper the cultivation of lemon trees, which may hamper the growth of the lemon balm extract market. Also, various food regulations by the government can also restrain market growth. Nevertheless, with the rapid growth in the food processing industry and agriculture industry, there are opportunities for the market players to invest in this market.
MARKET SCOPE
The "Global Lemon Balm Extract Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the lemon balm extract market with detailed market segmentation by type, distribution channel, and geography. The global lemon balm extract market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading lemon balm extract market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global lemon balm extract market is segmented on the basis of type, and distribution channel. The lemon balm extract market on the basis of the type is classified into capsules, cream, liquid, and powder. On the basis of distribution channel, global lemon balm extract market is bifurcated into specialty stores, online stores, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global lemon balm extract market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The lemon balm extract market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the lemon balm extract market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the lemon balm extract market in these regions.
Lemon Balm Extract Market Report Analysis
Lemon Balm Extract Market
-
CAGR (2023 - 2031)XX% -
Market Size 2023
US$ XX Million -
Market Size 2031
US$ XX Million
Report Coverage
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Industry landscape and competition analysis & recent developments
- Detailed company profiles
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
Key Players
- Foodchem International Corporation
- Jiaherb Inc.
- Martin Bauer GmbH and Co. KG.
- Nexira Inc
- Productos Quimicos Gonmisol SA
- Xi'an Hao-Xuan Bio-Tech
- Others
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
By Type
- Capsules
- Cream
- Liquid
- Powder
By Distribution Channel
- Specialty Stores
- Online Stores
- Others
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
The reports cover various key developments in the global lemon balm extract market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from lemon balm extract market are anticipated to lucrative growth opportunities in the future with the rising demand for lemon balm extract in the global market. Below mentioned is the list of few companies engaged in the lemon balm extract market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the lemon balm extract market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Foodchem International Corporation
- Jiaherb Inc
- Martin Bauer GmbH & Co. KG
- Nexira Inc
- Productos Quimicos Gonmisol SA
- Xi'an Hao-Xuan Bio-Tech
- Others
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
Lemon Balm Extract Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ XX Million |
| Market Size by 2031 | US$ XX Million |
| Global CAGR (2023 - 2031) | XX% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
The List of Companies
1. Foodchem International Corporation
2. Jiaherb Inc.
3. Martin Bauer GmbH and Co. KG.
4. Nexira Inc
5. Productos Quimicos Gonmisol SA
6. Xi'an Hao-Xuan Bio-Tech
7. Others
1. Foodchem International Corporation
2. Jiaherb Inc.
3. Martin Bauer GmbH and Co. KG.
4. Nexira Inc
5. Productos Quimicos Gonmisol SA
6. Xi'an Hao-Xuan Bio-Tech
7. Others
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