Roselle - Market Scope
Roselle is also known as rosella, Jamaican sorrel, a plant of hibiscus and is considered as one of the bast fiber groups. It is native to West Africa and includes H. sabdariffa variety altissima, grown for fiber. Roselle is increasingly growing in export due to becoming a source of natural dye and preparation of popular soft drink from the dried calyces. Its plants are found under cultivation on large types of soils ranging from sandy to heavy clays.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Thai Organic Life (Thailand), Cultivator Natural Products Pvt. Ltd. (India), Rossell India Ltd. (India), Roselle Farms (Malaysia), Guangzhou Runming Tea Co. Ltd. (China) and Atlantis Arena SDN. Bhd. (Malaysia) |
CAGR | 20.7% |
The global Roselle market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Roselle - market throughout the predicted period.
Thai Organic Life (Thailand), Cultivator Natural Products Pvt. Ltd. (India), Rossell India Ltd. (India), Roselle Farms (Malaysia), Guangzhou Runming Tea Co. Ltd. (China) and Atlantis Arena SDN. Bhd. (Malaysia) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Roselle - market by Type , by Application (Pharma & Healthcare and Food & Beverages) and Region with country level break-up.
On the basis of geography, the market of Roselle - has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Influencing Trend:
Increase Demand of Roselle Seeds for Oflipidsoluble Antioxidant S, Particularly Gama-Tocopherol, Increase Exports in the United States and Europe, Specifically In Germany and Growing Demand for Herbal Medicine
Market Growth Drivers:
Increase Demand for Culinary, Confectionary and Herbal Drinks and Rise in Consumption of Health Issues Such As Nerve Diseases, Asthma, and Skin Diseases
Opportunities:
Increasing Demand in Asia and Africa Due To Increasing Drink Consumption Rate and Increase Public Expenditure of Food and Beverages Sector in Emerging Countries
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Roselle Products Manufacturers, Suppliers and Distributors, Government Regulatory and Research Organizations and End-Use Industries