Lotus Extract Market Regional Analysis

Lotus Extract Market Outlook 2032

  • The global lotus extract market is estimated to value US$ 69 Mn in 2022
  • It is estimated to expand at a CAGR of 9.3% from 2022 to 2032
  • The global lotus extract market is expected to reach US$ 168.7 Mn by the end of 2032

Lotus Extract Market: Overview

  • The global lotus extract market is valued at US$ 69 Mn and is predicted to grow to US$ 168.7 Mn by the end of 2032
  • In terms of distribution channel, business to business segment holds a market value of US$ 47.4 Mn in the current year, and is expected to grow at a value CAGR of 9.2% during the forecast period
  • The global conventional segment is expected to reach US$ 132.5 Mn by the end of 2032 with a market share of 81.7%

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Lotus Extract: Market Frontrunners

  • The European market holds a market value share of 23.7% of the overall market, whereas, Germany holds the market share of around 17.7% followed by the U.K with 13.0% approximately.
  • Lotus Extract is widely used as an essential component of many medicinal cultures for various therapeutic purposes. The whole plant is used to treat health problems and also helps in maintaining body homeostasis.
  • Lotus is also used as a functional ingredient in various food and beverages because of its nutritional properties and is currently pegged at 400 MT and is expected to reach 817 MT by the end of 2032.

Lotus Extract: Market Trends

Increase in Demand for Lotus Extract in Cosmetics & Personal Care

  • Lotus flower extract is an example of an ingredient that may be a great addition to any skincare routine. Lotus extract is a natural botanical skincare ingredient that contains antioxidants, flavonoids, fatty acids, vitamins, calming, anti-inflammatory qualities, and minerals that help purify the skin. Its antioxidant properties aid in protecting the skin from the damaging effects of free radicals induced by various environmental aggressors.
  • The petals’ extract of Lotus has Ayurvedic skincare benefits and is frequently used to improve the skin’s texture and firmness. Vitamin C (important for skin lightening and immunity), B complex (excellent for anti-aging benefits), and a variety of vital minerals for skin and hair health are all included.
  • The lotus flower’s fatty acids and proteins keep the skin nourished and also have skin-balancing qualities that help the body’s sebum production stay in check. This helps to prevent clogged pores, acne, and blackheads in oily skin. This sacred flower extract is a recommended ingredient in beauty and cosmetic formulations that are regenerative, hydrating, and emollient.
  • Lotus blossoms are used in several moisturizers these days to provide hydration to the skin. Aside from removing toxins from the skin, this miracle flower extract may also replenish the skin’s hydration levels. For the forthcoming colder season, lotus extract-based products are the go-to ingredient for skin. Lotus flower extract is a plant-based skincare product that is mild, effective, and suitable for all skin types.

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Rising Demand for Lotus Extract in Pharmaceutical Industry

  • Lotus extract is in high demand for a variety of applications due to its diverse medical characteristics and market applications. The constant rise in demand for weight loss supplements as a result of increased obesity and health difficulties associated with weight gain are the main reasons driving market demand.
  • Lotus have beneficial properties such as phytochemicals, flavonoids, alkaloids, and tannins in them, the parts of the lotus such as its leaves, roots, stems, petals, rhizomes have medical characteristics. Flavonoids and tannins are potent antioxidants linked to weight loss and improved cardiovascular health. Lotus extract also aids in the reduction of blood pressure and the improvement of blood circulation.
  • It comprises a lot of fiber and can facilitate huge intestinal peristalsis and enable digestion to eliminate toxins and also help to improve sleep, reduce anxiety, assist with erectile dysfunction, and act as a natural aphrodisiac, etc. The market growth rate would be aided by the expansion and growth of numerous end user verticals such as the pharmaceutical industry.
  • Lotus extracts have a long history of usage in the treatment of menstrual bleeding problems. The liquid extracts of lotus are useful in regulating uterine bleeding and managing blood clots in the human body due to their high phytochemical content and anti-coagulatory capabilities. It can also be used to stop bleeding caused by severe piles.

Adverse Effects of Lotus Extract Hinders Market Growth

  • Consuming lotus extract in excess might lead to some adverse effects such as internal bleeding, upsetting the gastrointestinal tract, drowsiness, slurred speech, chest pain, increased heart rate, dilated pupils, etc.
  • Due to its psychoactive properties, it might not be acceptable for everyone and must not be blended with other entities like alcohol or cannabis. This is a problem to consider while ingesting lotus extract, and it is a market restraint in the global market for lotus leaf extract.

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Lotus Extract Market: Strategies

  • Lotus Extract manufacturers are concentrating on raising product awareness and acquiring certifications for providing better products and services to consumers and gaining a competitive advantage.
  • HDDES products are affiliated with quality certifications such as USDA-NOP, JAS, Fairtrade, FDA, Kosher, and Halal standards. Its production facility has also achieved certifications like FSSC 22000, ISO 22000, and SMETA.
  • Naturex Company has acquired various certifications such as GMO status, Kosher, Halal, Vegan, and HACCP

Lotus Extract Market: Key Players

  • Some of the key players in the market are Mane KANCOR, HDDES, Naturex, Manohar Botanical Extracts Pvt. Ltd., Veda Oils, Texas Natural Supply LLC, Carrubba, Vivaan, Mother Herbs Private Ltd., Omkar Herbals, Herbadiet, Hawaii Pharm LLC, etc.

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