Rosehip Extracts Market Size Exceed $909.25 Million By 2032 | CAGR: 9.3%

Rosehip Extracts Market Size Worth $909.25 Million By 2032 | CAGR: 9.3%

The global rosehip extracts market size is expected to reach USD 909.25 million by 2032, according to a new study by Polaris Market Research. The report “Rosehip Extracts Market Share, Size, Trends, Industry Analysis Report, By Grade (Food Grade, Cosmetic Grade, and Others); By Product; By Application; By Region; Segment Forecast, 2023-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Increasing adoption of natural ingredients-based products, changing consumer lifestyles, increased consumer awareness, and high biotechnological advancements, along with the surge in the popularity of rosehip extracts across several sectors such as food & beverages, perfumery, pharmaceuticals, and nutraceuticals, are key factors boosting the demand and growth of the market. Additionally, macroeconomic factors like high consumer disposable income, R&D activities, aging, population, expansion of the global agriculture industry, and new product innovations have positively augmented the demand for rosehip extracts.

For instance, in August 2022, Kulfi Beauty introduced its first-ever concealer, available in 12 shades, including Glossy Guava, Coco Rush, and others. The newly developed South-Asian-inspired ingredients include hydrating rosehip extract and moisturizing saffron flower extract to soothe the skin effectively.

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Rosehip oil has gained significant popularity and emerged as a key anti-aging substance, mainly in the beauty community. Rosehip seeds contain high polyunsaturated fats that support a healthy skin membrane and help protect the skin from harmful inflammatory compounds, including UV rays, cigarette smoke, and air pollution. Nowadays, consumer perception towards more beneficial meat products is associated with how meat is processed or produced, sensory properties, social aspects, and nutritional composition, forcing manufacturers to develop cleaner and improved products.

Adulteration & authenticity are being widely tested worldwide using technology, thereby inducing demand for rosehip extracts. Herbal products are sold on a larger scale as medicines or foods because they are considered safe and natural. Thus, introducing this kind of technological expertise bolstered product penetration. Moreover, European Union has been supporting several measures that stimulate enhanced added-value products for conserving threatened and local livestock breeds.

Rosehip Extracts Market Report Highlights

  • Food grade segment accounted for significant global share in 2022, on account of the product as a major functional ingredient for food & beverages because of the presence of vitamin C.   
  • Oil segment held the significant market revenue share in 2022, which is highly accelerated by its widespread use in the production of variety of personal care and cosmetics products
  • Animal feed segment is anticipated to grow at a significant CAGR over the projected period, that is highly attributed to the increased prevalence for rosehip extract in the manufacturing of products consuming by animals
  • Asia Pacific region dominated the rosehip extracts market in 2022, owning to increase in the number of health-conscious consumers and the robust presence of various small and large product manufacturers in the region
  • The global key market players include Avi Naturals, Spectrum Chemical, Xi’an Victar Bio-Tech Corporation, Synthite Industries, and Energeia Lifesciences.

Polaris Market Research has segmented the Rosehip Extracts market report based on grade, product, application, and region:

Rosehip Extracts, Grade Outlook (Revenue - USD Million, 2019 - 2032)

  • Food Grade
  • Cosmetic Grade
  • Others

Rosehip Extracts, Product Outlook (Revenue - USD Million, 2019 - 2032)

  • Oil
  • Powder

Rosehip Extracts, Application Outlook (Revenue - USD Million, 2019 - 2032)

  • Pharmaceuticals & Nutraceuticals
  • Personal Care & Cosmetics
  • Food & Beverages
  • Animal Feed
  • Others

     Rosehip Extracts, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa