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Calendula officinalis is an aromatic plant, which belongs to Asteraceae family, its flower is used to make medicines and health supplement. Calendula officinalis is a native plant in the Mediterranean area although it is found throughout the world. Calendula flower-heads is used to produce the calendula extract. Calendula officinalis Extract is also used as a coloring agent in the food industry, textile industry. Calendula officinalis Extract is used to prevent sudden involuntary contraction of a muscle. Calendula officinalis Extract is supposed to have rejuvenating properties which is why its oil is used in therapeutic massage to cure body ache and relax muscle.  

Market Segmentation:

Calendula officinalis extract market is segment on the basis of form, end-user, application, and region. On the basis of form the market is segmented into powder form and liquid form. Liquid form is very much popular as compared to the powdered form. The demand for Calendula officinalis extract is also more as it is a rich source of flavonoid and offers many anti-oxidant properties. On the basis of end-user the market is segmented into industrial and retail. The retail segment is further sub-segmented into supermarkets/hypermarkets, convenience stores and online stores. It is expected that supermarkets/hypermarkets will hold a relatively higher share in the Calendula officinalis extract market compared to other distribution channels. On the basis of application the Calendula officinalis extract market is segmented into food industry, cosmetic industry, textile industry and pharmaceutical industry. Food industry and textile industry is expected to hold the major market share in the forecast period. The versatile properties of Calendula officinalis extract is also going to attract the cosmetic industry in the coming future and is anticipated to drive the Calendula officinalis extract market to a greater extent. On the basis of region the Calendula officinalis extract market is segmented into North America, Latin America, Asia Pacific, Europe and MEA.

Market Regional Outlook:

Regional segment for the market of Calendula officinalis extract is divided into five different regions: North America, Latin America, Asia Pacific and Japan, Europe and MEA. Among these segment Asia Pacific is expected to be the leader of Calendula officinalis extract market globally and is expected to dominant the market in the forecaster period. In North America region the country such as the U.S. is the key market for Calendula officinalis extract. In terms of revenue Europe is also expected to be the leading contributor in the Calendula officinalis extract market in the coming future.

Market Drivers:

The market is driven by the increasing awareness among the consumers about the health benefits associated with Calendula officinalis extract. Increasing opportunities in the food industry and textile industry is a key factor which is expected to drive the global Calendula officinalis extract. Calendula officinalis extract is popular as it offers various health benefits such as it helps to reduce pain and swelling (inflammation), helps in the treatment of wounds and ulcers, reduces the inflammation of the lining of the eyelid (conjunctivitis) as well as inflammation of the rectum (proctitis) which is expected to bolster the growth of the Calendula officinalis extract market. The demand for anti-aging cream is expect to boost the Calendula extract market as antioxidants present in the extract helps in preventing free radical damage of the body. Calendula officinalis extract is also known to cure poor blood circulation in the legs, dehydration, magnesium and potassium deficiency along with calcium deficiency in pregnant women. Furthermore, it contains flavonoid which keeps the level of bad cholesterol low, these factors are also going to drive the Calendula officinalis extract market to a great extent in the forecast period.

Market Key Players:

Some of the key players in Calendula extract market are Kiehl's, Oils4life, Telia Oils, Living Nature, Herba Oils, NHR Organic Essential Oils, Nature's Wonderland, Swanson Health Products , BIOHERBA R Ltd , Herb Pharm and Woodland Herbs among others.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Calendula Officinalis Extract Market

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