Hibiscus Flower Powder Market Procurement Intelligence, Cost Structure Intelligence, Best Practices, Engagement Model, Low & Best Cost Country 2020–2027

Hibiscus flower powder is a rich source of antioxidants. It is a major source of natural and organic cosmetics due to its high mucus content and anti-inflammatory and exfoliating properties. Following are the benefits of hibiscus flower powder:

·         Health benefits:

·         Improves digestion

·         Help in weight loss

·         Prevents Anemia

·         Skin benefits:

·         Anti-aging properties to make skin firm and prevent wrinkles

·         Exfoliant: Regenerates skin cells by producing a mild exfoliating effect

·         Removes dead skin cells

·         Anti-oxidant properties to keep skin healthy and glowing

·         The presence of Anti-bacterial properties and vitamin C removes acne

These health and skin benefits associated with hibiscus flower powder increases procurement need for the same from food and beverages and cosmetics industries.

Read report summary or request sample copy of the report @ Hibiscus Flower Powder Industry Procurement Intelligence, Supplier Intelligence, Supplier Ranking, Pricing & Cost Structure Intelligence, Best Practices, Engagement Model, Low & Best Cost Country, Day One Analysis Report, 2020 - 2027

 

Demand Outlook

The global hibiscus flower powder market is valued at ~USD 120 million in 2020 and it is expected to grow at a CAGR of 7.5% from 2020 to 2027 due to increasing demand from the food and beverages and personal care industries. The food and beverages segment is leading the global hibiscus flower powder market with more than 45% market share in 2020. However, the personal care segment is expected to witness the highest growth rate among other applications during the forecast period. North America generates the highest demand for hibiscus flower powder, as the region is a key importer of organic compounds. Whereas APAC is the largest producer of hibiscus flower powder due to the presence of large cultivation lands and favorable weather conditions.

 

Cost Drivers

Hibiscus flower powder is made from hibiscus flower and procurement of hibiscus flower is the major cost driver of hibiscus flower powder production. The cost of procuring hibiscus flowers accounted for more than 50% of the overall cost of overall hibiscus flower powder production. Other major cost components include processing costs, machinery costs, labor costs, etc. Many North American and European companies are planning to relocate their production base to APAC due to the high availability of raw materials and low-cost labor. It also reduces the additional logistics cost and increases profitability.

Check out the featured Addon Services offered with Hibiscus Flower Powder

Market Procurement Intelligence Report:

About us:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of the supply chain which helps in efficient procurement decisions.

Our services include (not limited to):

Market Intelligence involving - market size and forecast, growth factors, and driving trends

Price and Cost Intelligence - pricing models adopted for the category, the total cost of ownership

Supplier Intelligence - rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing

Sourcing / Procurement Intelligence - best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best-suited countries for sourcing to minimize supply chain disruption

Browse our other Reports:

·        Laboratory Information Management System Industry Procurement Intelligence, Supplier Intelligence, Supplier Ranking, Pricing & Cost Structure Intelligence, Best Practices, Engagement Model, Low & Best Cost Country, Day One Analysis Report, 2020 – 2027

·        U.S. Landscaping Industry Procurement Intelligence, Supplier Intelligence, Supplier Ranking, Pricing & Cost Structure Intelligence, Best Practices, Engagement Model, Low & Best Cost Country, Day One Analysis Report, 2020 – 2025

Our market/procurement Intelligence reports include in-depth and actionable insights that help clients in understanding the different aspects of the supply chain and take more effective decisions.

Find More information @ https://www.grandviewresearch.com/pipeline

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