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Melissa officinalis is an herb which belongs to the Labiatae (mint) family commonly known as Lemon Balm. Melissa officinalis is a native herb of Europe and Latin America. In Brazil, Melissa officinalis appears to have a medicinal presence and is referred to as 'erva-cidreira'. Melissa officinalis extract is known to contain eugenol that in killing and suppressing the growth of the bacteria. Melissa officinalis extract is widely used in the treatment of digestive problems and helps in soothing stomach aches. Melissa officinalis extract is widely used as a supplement as it acts as an effective anxiolytic and sedative agent. Melissa officinalis is also known to have a positive effect on the patient suffering from Alzheimer’s disease.

Market Segmentation:

Melissa officinalis extract market is segment on the basis of form, distribution channel, application, and region. On the basis of form the market is segmented into powder form, liquid form and capsule form. The most popular form among the segment is the liquid form and is expected to dominate the segment in the coming future. Many health supplements are now a days available in the capsule form which makes it the second most dominated segment based on form. On the basis of distribution channel the market is segmented into supermarkets or hypermarkets, convenience stores and online stores. It is expected that supermarkets/hypermarkets as well as the online segment will hold a relatively higher share in the Melissa officinalis extract market compared to convenience stores. On the basis of application the Melissa officinalis extract market is segmented into cosmetic industry, pharmaceutical industry and food industry. Cosmetic industry is expected to hold the major market share in the forecast period, followed by the pharmaceutical industry. On the basis of region the Melissa officinalis extract market is segmented into North America, Latin America, Asia Pacific, Europe and MEA.

Market Regional Outlook:

Regional segment for the market of Melissa officinalis extract is divided into five different regions: North America, Latin America, Asia Pacific and Japan, Europe and MEA. Among these segment Europe is expected to be the leader of Melissa officinalis extract market and is expected to dominant the market in the forecaster period. In the region of Latin America, countries such as Brazil and Mexico is the key market for Melissa officinalis extract.  In terms of revenue Asia Pacific is the third prominent contributor of the Melissa officinalis extract market.

Market Drivers:

Melissa officinalis extract is gaining its popularity in the global market because it offers various therapeutic benefits such as:  it helps in strengthening the functions of the stomach as well as intestine and helps in the prevention of Alzheimer’s disease which is expected to bolster the growth of the Melissa officinalis extract market. Melissa officinalis extract is also used in mosquito repellant creams as from ancient time it is known to act against mosquito bites.  The soothing effect of Melissa officinalis oil is in a great demand because it helps to relax the muscle and reduce body ache which is expect to boost the Melissa officinalis extract market. Melissa officinalis extract used in supplement is a good stress buster and as hectic lifestyle coupled with mental stress makes Melissa officinalis extract supplement a great lifestyle product, mental disorders, such as hysteria and melancholia can also be cured with the Melissa officinalis extract supplement, these compiled reasons is anticipated to bolster the growth of the Melissa officinalis extract market in the forecast period. Increasing opportunities in the food industry is also a key factor which is expected to drive the global Melissa officinalis extract market. Furthermore the market is also driven by the increasing awareness among the consumers about the health benefits associated with Melissa officinalis extract.

Market Key Players:

Some of the key players in Melissa officinalis extract market are Nature’s Bounty , NOW foods, New Chapter, Health and Herbs , Swanson Health Products , Brain Forza, Lotus Extracts, Vitacost, Nature’s way, Organica Biotech, Planetary Herbals, GNC Holdings Inc, Stakich, Inc and Solaray 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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Melissa Officinalis Extract Market