India Chrysanthemum Extract Market Synopsis
The India chrysanthemum extract market is estimated to be worth around USD 1.9 billion and is expected to grow at a CAGR of 8%. India accounts for almost 25% of the global production of chrysanthemum extracts, making it one of the leading producers globally. The country has established itself as a major exporter with exports amounting to over USD 200 million in 2025, mainly due to its high quality product offerings and competitive prices. The growing demand from health conscious consumers has propelled growth in this industry as more people are looking for natural ingredients that provide medicinal benefits.
Market Drivers of the market
The chrysanthemum extract market in India is witnessing significant growth due to several key drivers. Chrysanthemum extract is increasingly recognized for its medicinal and therapeutic properties, leading to its adoption in the pharmaceutical and herbal medicine industries. Moreover, the growing awareness of the health benefits of natural ingredients and traditional remedies has driven the demand for chrysanthemum extract in the market.
Challenges of the Market
In the chrysanthemum extract market, regulatory hurdles surrounding the extraction and processing of herbal products pose challenges for manufacturers. Compliance with stringent quality and safety standards, along with navigating complex licensing procedures, adds to the market`s complexities.
Covid-19 Impact on the Market
The India chrysanthemum extract market faced challenges during the pandemic. The disruptions in the agriculture sector affected the production of chrysanthemum flowers, leading to supply shortages for extract manufacturers. Fluctuating consumer demand also impacted sales.
Key Players of the Market
The chrysanthemum extract market in India is largely influenced by companies such as HerbalExtracts India, Floral Remedies Ltd., and Nature`s Essence Extracts. These players offer a wide range of chrysanthemum-based products, including oils, essences, and herbal remedies.
Key Highlights of the Report:
- India Chrysanthemum Extract Market Outlook
- Market Size of India Chrysanthemum Extract Market, 2024
- Forecast of India Chrysanthemum Extract Market, 2031
- Historical Data and Forecast of India Chrysanthemum Extract Revenues & Volume for the Period 2021-2031
- India Chrysanthemum Extract Market Trend Evolution
- India Chrysanthemum Extract Market Drivers and Challenges
- India Chrysanthemum Extract Price Trends
- India Chrysanthemum Extract Porter's Five Forces
- India Chrysanthemum Extract Industry Life Cycle
- Historical Data and Forecast of India Chrysanthemum Extract Market Revenues & Volume By Form for the Period 2021-2031
- Historical Data and Forecast of India Chrysanthemum Extract Market Revenues & Volume By Powder for the Period 2021-2031
- Historical Data and Forecast of India Chrysanthemum Extract Market Revenues & Volume By Liquid for the Period 2021-2031
- Historical Data and Forecast of India Chrysanthemum Extract Market Revenues & Volume By Oil for the Period 2021-2031
- Historical Data and Forecast of India Chrysanthemum Extract Market Revenues & Volume By Nature for the Period 2021-2031
- Historical Data and Forecast of India Chrysanthemum Extract Market Revenues & Volume By Organic for the Period 2021-2031
- Historical Data and Forecast of India Chrysanthemum Extract Market Revenues & Volume By Conventional for the Period 2021-2031
- Historical Data and Forecast of India Chrysanthemum Extract Market Revenues & Volume By End Users for the Period 2021-2031
- Historical Data and Forecast of India Chrysanthemum Extract Market Revenues & Volume By Food & Beverages for the Period 2021-2031
- Historical Data and Forecast of India Chrysanthemum Extract Market Revenues & Volume By Cosmetics for the Period 2021-2031
- Historical Data and Forecast of India Chrysanthemum Extract Market Revenues & Volume By Personal Care for the Period 2021-2031
- Historical Data and Forecast of India Chrysanthemum Extract Market Revenues & Volume By Dietary Supplements & Sports Nutrition for the Period 2021-2031
- Historical Data and Forecast of India Chrysanthemum Extract Market Revenues & Volume By Functional Foods for the Period 2021-2031
- Historical Data and Forecast of India Chrysanthemum Extract Market Revenues & Volume By Pharmaceutical for the Period 2021-2031
- India Chrysanthemum Extract Import Export Trade Statistics
- Market Opportunity Assessment By Form
- Market Opportunity Assessment By Nature
- Market Opportunity Assessment By End Users
- India Chrysanthemum Extract Top Companies Market Share
- India Chrysanthemum Extract Competitive Benchmarking By Technical and Operational Parameters
- India Chrysanthemum Extract Company Profiles
- India Chrysanthemum Extract Key Strategic Recommendations