Global Chamomile Market Expected To Register 7.1% CAGR Over 2018-2022

Date: 2018-03-06

Chamomile or camomile is the common name for several daisy-like plants of the family Asteraceae that are commonly used to make herb infusion to serve various medicinal purposes. 

Thanks to popular uses of chamomile preparations include treating hay fever, inflammation, muscle spasm, menstrual disorders, insomnia, ulcers, gastrointestinal disorder, and hemorrhoids, and the rising health consciousness among consumers which directly driving growth for the Chamomile market, according to research, the global Chamomile market is expected to register 7.1% CAGR over 2018-2022.

On the basis of type, the Chamomile can be segmented into Tea, Allopathic medicines, Ayurvedic medicines, cosmetics. According to research, the Tea is holding the largest share globally in 2017, however, the Extra Chamomile is expected to grow at the highest CAGR during the forecast period.

On the basis of application, the chamomile extract market can be further segmented into Food and Beverages, Pharmaceuticals, Dietary Supplements, Personal Care/ Cosmetics and Others.,

Geographically, the Asia Pacific accounted for the largest market in terms of consumption followed by Europe and North America. The region has potential for this product due to increasing demand from the end-use industries such as food beverage, pharmaceutical industry and others. 

Global top manufacturers operating in Chamomile market are Arjuna Natural Extracts, New Zealand Extracts, Kemin Industries, The Pharmaceutical Plant Company, Afriplex, Crown Iron Works Company, Changsha Vigorous-Tech, Gehrliche, Ampak Company, Nutra Canada, Martin Bauer Group, Essenchem Plant Extract, Hunan Goldliloo Pharmaceutical among others.

Global Chamomile market share by geography as following:

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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 510-400-8520


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