Gromwell is a plant of genus Lithospermum, belonging to the family Boraginaceae. This plant is indigenous to North America region and distributed worldwide. Root is used for the extraction, the extract is sweet in taste. Gromwell root extract actions against cancer, fever, contraception, and detoxification. Gromwell root also cures bladder stone, kidney failure, and arthritis. Gromwell root extract is majorly used in personal care and cosmetic industry for making a different kind of beauty products. Gromwell root extract is also used to heal wounds. Preference of natural beauty product over synthetic product is the main driver of the gromwell root extract.
Global gromwell root extract market is segmented on the basis of application, type, form, geography, distribution channel.
Gromwell root extract market is segmented on the basis of the application which includes; Pharmaceutical, and Personal care and cosmetics. In pharmaceutical application, Gromwell root extract has many medicinal properties so it is used in the preparation of several medicines, Gromwell root extract is majorly used in the preparation of different cosmetic products like the face mask, balm, soaps, and facial cream etc.
Gromwell root extract market is segmented on the basis of form, those are the powder form (raw extract), paste form (creams), solid form (soaps), and liquid (tincture).
Gromwell root extract market is segmented on the basis of the type which includes; Natural and Organic.
Gromwell root extract market is segmented on the basis of geography which includes; The Middle East and Africa (MEA), North America, Asia-Pacific (APAC), Europe, and Latin America
Gromwell root extract market is further segmented on the basis of distribution channel which includes: Hypermarket/supermarket, convenience stores, specialty stores, grocery stores, and Online retailing
Gromwell root extract market is anticipated to register comparatively higher value share from Supermarket/hypermarket than other channels during the forecast period. Online sells are expected to register relatively more growth in Gromwell root extract market over the forecast period. Rising consumer towards online purchasing of products is anticipated to support the growth of Gromwell root extract market over the forecast period.
Gromwell root Extract Market: Regional Outlook
In terms of geography, the global Gromwell root extract market has been divided into five key regions including North America, Latin America, Europe, Asia-Pacific and Middle East & Africa.
Asia pacific countries are the major producer and consumer of the gromwell extract product while the market is anticipated to increase in the Europe region also.
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Gromwell root extract possesses high demand in various application due to its versatile medicinal properties and uses in different products. Principle factors driving market demand are continuous rising demand for antifungal, antibacterial, cardiovascular disease medicines.
Various properties of Gromwell root extract as the natural medicine for the digestive system, immune system booster, cancer treatment and blood pressure helper etc. are factors driving market demand for Gromwell root extract. Gromwell root also increases the blood circulation in the diabetic patient. It also stimulates the blood coagulation for healing the wound. Gromwell root extract may also cure arthritis, blood stone, kidney failure, and tumors. Preference of natural cosmetic product over chemical product are the major driver Gromwell root market. In cosmetics, it is majorly used as acne remover. It should be avoided by the patients suffering from liver problems.
Some of the key players operating in Gromwell root extract market include: NATURAL WELLBEING SDN BHD, OutlookBeauty.com ,Inc, Puuuv Soap Sdn Bhd, LizzieBee, Qingdao Dacon Trading Co., Ltd., Xi’an Huilin Bio-tech Co.,Ltd.,