| Product Code: ETC5250173 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Armenia import trend for botanical ingredients in 2024 showed significant growth, with a rate of 200.0% compared to the previous year. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 18.92%. This surge in imports can be attributed to a notable shift in demand for botanical ingredients within the market, indicating a strong import momentum and potential market stability.
Armenia's Botanical Ingredients market is anticipated to experience a high growth rate of 13.48% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia Botanical Ingredients Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Botanical Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Botanical Ingredients Market - Industry Life Cycle |
3.4 Armenia Botanical Ingredients Market - Porter's Five Forces |
3.5 Armenia Botanical Ingredients Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Armenia Botanical Ingredients Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Armenia Botanical Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Armenia Botanical Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness of the health benefits of botanical ingredients |
4.2.2 Increasing demand for natural and organic products in the beauty and personal care industry |
4.2.3 Rising trend towards clean label products in the food and beverage sector |
4.3 Market Restraints |
4.3.1 Limited availability of certain rare botanical ingredients in Armenia |
4.3.2 Lack of standardized regulations and quality control measures for botanical ingredients |
4.3.3 Price volatility of botanical ingredients due to factors such as climate change and geopolitical issues |
5 Armenia Botanical Ingredients Market Trends |
6 Armenia Botanical Ingredients Market Segmentations |
6.1 Armenia Botanical Ingredients Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Armenia Botanical Ingredients Market Revenues & Volume, By Powder, 2021-2031F |
6.1.3 Armenia Botanical Ingredients Market Revenues & Volume, By Liquid, 2021-2031F |
6.2 Armenia Botanical Ingredients Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Armenia Botanical Ingredients Market Revenues & Volume, By Herbs, 2021-2031F |
6.2.3 Armenia Botanical Ingredients Market Revenues & Volume, By Leaves, 2021-2031F |
6.2.4 Armenia Botanical Ingredients Market Revenues & Volume, By Spices, 2021-2031F |
6.2.5 Armenia Botanical Ingredients Market Revenues & Volume, By Flowers, 2021-2031F |
6.2.6 Armenia Botanical Ingredients Market Revenues & Volume, By Others, 2021-2031F |
6.3 Armenia Botanical Ingredients Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Armenia Botanical Ingredients Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.3 Armenia Botanical Ingredients Market Revenues & Volume, By Dietary Supplements, 2021-2031F |
6.3.4 Armenia Botanical Ingredients Market Revenues & Volume, By Personal Care & Cosmetics, 2021-2031F |
6.3.5 Armenia Botanical Ingredients Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.6 Armenia Botanical Ingredients Market Revenues & Volume, By Others, 2021-2031F |
7 Armenia Botanical Ingredients Market Import-Export Trade Statistics |
7.1 Armenia Botanical Ingredients Market Export to Major Countries |
7.2 Armenia Botanical Ingredients Market Imports from Major Countries |
8 Armenia Botanical Ingredients Market Key Performance Indicators |
8.1 Number of new product launches containing botanical ingredients in Armenia |
8.2 Percentage increase in the use of botanical ingredients in the beauty and personal care products manufactured in Armenia |
8.3 Growth in the number of partnerships between Armenian botanical ingredient suppliers and international companies for export opportunities. |
9 Armenia Botanical Ingredients Market - Opportunity Assessment |
9.1 Armenia Botanical Ingredients Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Armenia Botanical Ingredients Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Armenia Botanical Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Armenia Botanical Ingredients Market - Competitive Landscape |
10.1 Armenia Botanical Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Armenia Botanical Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |