Parsley refers to the bright green, biennial herb of European origin, Petroselinum crispum, which is extensively cultivated for its leaves. Its leaves are used as a garnish or as a flavoring agent in the food products. Dehydrated parsley flakes possess high medicinal value. It highly effective against rheumatoid arthritis. Dehydrated parsley flakes are widely used as a diuretic that helps to control numerous diseases such as kidney stones, urinary tract infections, and gallbladder stones. This is due to the presence of vitamin C and beta-carotene in the dehydrated parsley flakes. Owing to the anti-inflammatory and anti-hepatotoxicity properties of dehydrated parsley flakes, it is added as an ingredient in medicines to strengthen immunity system. Researchers have found that higher consumption of dehydrated parsley flakes helps in reducing the risk of numerous types of cancer.
Market Dynamics of Dehydrated Parsley Flakes:
Dehydrated parsley flakes market is expected to witness high demand with increasing prominence attached to the use of plant based materials as a source of medicine. Rise in the acceptance of traditional herbal medicines as an alternative to allopathic medicines represents strong growth opportunities for the players operating in the dehydrated parsley flakes market. This is evident from the emergence of new product developments that support high health and wellness functionality. Rapid urbanization along with the growing health consciousness among consumers, is expected to have a significant contribution in revenue growth of dehydrated parsley flakes market. Rising incidences of cardiovascular diseases, diabetes and obesity has brought a significant increase in the consumption of dehydrated parsley flakes. Others factors supporting the growth of dehydrated parsley flakes includes marketing efforts, improved supply chain to ensure wide availability of dehydrated parsley flakes in the industry. Food technologist and companies operating in the dehydrated parsley flakes market are carrying out research & development activities to enhance the nutritional profile of dehydrated parsley flakes in various applications.
Market Segmentation of Dehydrated Parsley Flakes:
Dehydrated parsley flakes market is segmented on the basis of application, and geography. Based upon application, dehydrated parsley flakes market is segmented into food, beverages, pharmaceuticals, cosmeceuticals, and others. Pharmaceutical application of dehydrated parsley flakes market is expected to expand at relatively high CAGR during the forecast period. High growth of the dehydrated parsley flakes market can be attributed to its nutritional and medicinal value. Cosmeceuticals application of dehydrated parsley flakes market is expected to have a significant share in the dehydrated parsley flakes market over the forecast period. High growth of cosmeceuticals segment is expected to be driven by its ability to treating skin related diseases effectively.
Regional Outlook of Dehydrated Parsley Flakes:
Based on geography, dehydrated parsley flakes market is segmented into seven different regions namely Asia-Pacific, Middle East and Africa, Latin America, Western Europe, Eastern Europe, North America, and Japan. Asia-Pacific region is anticipated to expand at relatively high CAGR in the global dehydrated parsley flakes market. High growth of the region can be attributed to its wide availability, changing lifestyle, increasing disposable income, and growing awareness regarding the health benefits of dehydrated parsley flakes in the region. Countries such as China and India expected to contribute significantly in the rising demand for dehydrated parsley flakes for various applications such as food, pharmaceuticals etc., hence expected to contribute significantly in increasing the market revenue of the region. The Western Europe region is expected to have a high growth potential in the dehydrated parsley flakes market, owing to shift in the focus from synthetic to natural ingredients in food and pharmaceutical industry.
Key Market Players in Dehydrated Parsley Flakes:
Some of the key players in the dehydrated parsley flakes market include New Flavor House, Inc., Monterey Bay Spice Company, Inc., Essex Grain, Foodchem International Corporation, McCormick & Company, Inc., and Sensient Natural Ingredients among others. Dehydrated Parsley Flakes market is dominated by large number of organized and unorganized players competing to develop an edge over others. Leading manufacturers in the dehydrated parsley flakes market focus upon expanding their product portfolio in order to strength their market position.
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
- 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.