Honeysuckle
is an arching shrub which is inherent to the Northern countries.
Honeysuckle has generally known species such as Lonicera periclymenum
(woodbine or honeysuckle), Lonicera sempervirens (coral honeysuckle,
woodbine honeysuckle, or trumpet honeysuckle,) and Lonicera japonica
(white honeysuckle, Japanese honeysuckle, or Chinese honeysuckle)
which are identified in countries such as China, Eastern Europe,
India, North America and others. Honeysuckle extracts is widely used
in various cosmetics. Manufacturers are using honeysuckle extracts as
preservatives or as paraben which is natural and does not contain any
chemical in their beauty products. Mostly the honeysuckle extracts
are extracted from the honeysuckle plant’s roots and leaves which
are widely used for medicinal purposes. Honeysuckle extract is the
collection of essential crude mixtures from extraction of different
parts of Honeysuckle plant, which is extracted by using solvent such
as ethanol. Honeysuckle extracts contains desirable properties which
are extracted from Honeysuckle plant which is finding increasing and
extensive uses in various industries such as pharmaceuticals for
therapeutic properties and herbal medicines, cosmetics for functional
properties in skincare related products, along with food and
beverages products. Honeysuckle extracts can be used in the form of
liquid and powder form. Cosmetics industries are using honeysuckle
extracts in their products due to the rising consumer demand for
honeysuckle extract medicines.
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Global
Honeysuckle Extract: Market Segmentation
The
global honeysuckle extract market is segmented on the basis of form,
application, and distribution channel and region type. Market segment
as per application, it is segmented on the basis of its form in
powder and liquid. Among these form segment liquid segment is
expected to contribute more that 50% market share and expected to
grow at higher space. Another segment is on the basis of distribution
channel which includes health stores, drug stores, online retailing
and other (direct selling) distribution channels. On the basis of
application, the market is segmented into pharmaceuticals, cosmetics,
food and beverages, and others. On analyzing the demand of
honeysuckle extracts in form of liquid, it was assessed that
pharmaceutical, cosmetics and food and beverage industry acquires
majority of share in terms of volume. Primary reason behind its
increasing demand for honeysuckle extracts in global level market is
due to its richness in natural quality and organic nature. In
cosmetic industry, honeysuckle extracts powder is used as a
preservative which is added to cosmetics, personal care products, and
food to maintain a products integrity and constancy by inhibiting the
growth of microorganisms such as bacteria and fungus. The global
honeysuckle extract market is also segmented on the basis of form
primarily into powder, liquid and others. Among these, powder segment
is expected to fuel the honeysuckle extract market over the forecast
period. Hence, the global honeysuckle extract market is expected to
significantly increase the revenue contribution over the forecast
period.
Global
Honeysuckle Extract Market: Regional Outlook
Geographically,
the global honeysuckle extract industry can be divided by major
regions which include North America, Latin America, Europe, Asia
Pacific, Middle East and Africa. Globally, among all regions, Asia
Pacific has developed as the most dominant region in global
honeysuckle extract market followed by Europe and North America.
Increasing usage of cosmetics and personal care products extracted
from honeysuckle plant coupled with rise of honeysuckle extracts in
various beverages has strengthened the growth of global honeysuckle
extract market and hence is projected to significantly expand the
revenue contribution of the market over the forecast period.
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Global
Honeysuckle Extract Market: Growth Drivers
The
global honeysuckle extract market driving factors are increasing
demand for natural ingredients of honeysuckle extracts in various
cosmetics and personal care products is important driving factor.
Major driver behind increasing demand of honeysuckle extracts in
current market scenario is due to its preservative properties.
Nowadays consumers are mostly influenced towards that product which
has natural quality, organic in nature and also good for their
health, due to which it has higher demand among growing economies of
world. On the other side as per the current market trend, honeysuckle
extract powder is trending in market because of its wide application
in cosmetics and food and beverage products.
Global
Honeysuckle Extract Market: Players
Some
of the key players identified across the value chain of the global
honeysuckle extract market includes
The
Good Scents Company, RD Health Ingredients, Nutra Green Biotechnology
Co. Ltd, Ecuadorian Rainforest LLC, Shannxi Undersun Biomedtech Co.
Ltd, Novoherb Technologies, Mountain Rose Herbs and others. The
companies are expected to expand their business by enhancing their
product portfolio in global honeysuckle extract market. The companies
are projected to frame certain strategies in future in order to gain
the competitive advantage in global honeysuckle extract market till
2025.
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