The global chamomile extract market is being aided by the growing chamomile industry, which is expected to grow at a CAGR of 9.00% in the forecast period of 2025-2034.
The growing health awareness among consumers and the increasing demand for natural products is driving the growth of the chamomile extract industry. The market is also being supported by the increasing popularity of herbal tea among the health-conscious consumers. The innovations in the food and beverages industry are significantly contributing to the market growth. Several studies have demonstrated the effectiveness of chamomile preparations, such as tea and essential oil aromatherapy, to treat insomnia. Thus, the increasing prevalence of sleep disorders due to sedentary lifestyle is also aiding the industry growth.
Over the forecast period, the increasing preference for organic and clean-labelled cosmetic products is expected to further propel the industry forward. However, the availability of other natural alternatives may hamper the industry growth.
Increasing Demand from Various Application Sectors to Aid the Chamomile Extract Industry Growth
Based on application, the food and beverages industry is one of the leading segments in the global market for chamomile extract. The sweet and lightly herbal notes of chamomile give it a sophisticated and unique flavour. The chamomile extract is most widely used in tea to induce sedation (calming effects) owing to its refreshingly sweet yet relaxing and grounding herbal and fruit notes. The United States imports between 750,000 and one million pounds of chamomile each year, with an estimated 90% of its consumption in herbal tea. Chamomile is also used in beer and wine making and is one of the key flavoring ingredients in traditional wheat beer preparation. Additionally, chamomile preparations are used to treat many human ailments such as inflammation, hay fever, muscle spasms, menstrual disorders, insomnia, wounds, and gastrointestinal disorders, among others. The dried chamomile flowers contain many terpenoids and flavonoids that contribute to its medicinal properties. Further, due to the curative and preventive properties of chamomile, its essential oil is extensively utilised in cosmetics and aromatherapy. Thus, the increasing demand from these industries is contributing to the chamomile extract industry growth.Chamomile Extract: Market Segmentation
Chamomile extracts are obtained from chamomile, a daisy-like flowering plant that comes from the Asteraceae family of plants. The two common varieties of Chamomile are German Chamomile (Chamomilla recutita) and Roman Chamomile (Chamaemelum nobile). Chamomile is one of the most ancient medicinal herbs and has been used for centuries as an antioxidant, anti-inflammatory, and healing medicine to treat wounds, ulcers, skin irritations, bruises, burns, and other ailments. Owing to its calming and soothing properties, it is often referred to as a relaxing herb. It has various applications, ranging from beverages to cosmetics and aromatherapy.By source, the market is bifurcated into:
- Organic
- Conventional
The market is divided based on form into:
- Liquid
- Powder
On the basis of application, the industry can be segmented into:
- Food and Beverages
- Traditional Medicine
- Scenting Agent
- Cosmetics
- Others
The regional markets for the product include:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
The growing health awareness among consumers and the increasing demand for natural products is driving the growth of the chamomile extract industry. The market is also being supported by the increasing popularity of herbal tea among the health-conscious consumers. The innovations in the food and beverages industry are significantly contributing to the market growth. Several studies have demonstrated the effectiveness of chamomile preparations, such as tea and essential oil aromatherapy, to treat insomnia. Thus, the increasing prevalence of sleep disorders due to sedentary lifestyle is also aiding the industry growth.
Over the forecast period, the increasing preference for organic and clean-labelled cosmetic products is expected to further propel the industry forward. However, the availability of other natural alternatives may hamper the industry growth.
Key Industry Players in the Global Chamomile Extract Market
The report gives a detailed analysis of the following key players in the global chamomile extract market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:- Mountain Rose Herbs
- NOW Health Group, Inc.
- Herbo Nutra
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Chamomile Extract Market Analysis
6 North America Chamomile Extract Market Analysis
7 Europe Chamomile Extract Market Analysis
8 Asia-Pacific Chamomile Extract Market Analysis
9 Latin America Chamomile Extract Market Analysis
10 Middle East and Africa Chamomile Extract Market Analysis
11 Market Dynamics
13 Price Analysis
14 Competitive Landscape
Companies Mentioned
The key companies featured in this Chamomile Extract market report include:- Mountain Rose Herbs
- NOW Health Group, Inc.
- Herbo Nutra
