According to the research of Future Market Insights, the market for Chamomile Seeds is anticipated to expand at a CAGR of 5.5% over the forecasted time period. According to projections, the industry would be worth US$ 1,002.8 Million by 2032, up from US$ 587.1 Million in 2022. At the end of 2021, the Chamomile Seeds Market was valued at US$ 567.2 Million.
| Attributes | Details |
|---|---|
| Market Size Value in 2022 | US$ 587.1 Million |
| Market Forecast Value in 2032 | US$ 1,002.8 Million |
| Global Growth Rate (2022 to 2032) | 5.5% |
| Forecast Period | 2022 to 2032 |
| Global Market Share of USA, Germany, Japan, and Australia | 73.5% |
Chamomile Seeds can be used to grow your own chamomile plants. Chamomile plants are easy to grow and only require full sun and well-drained soil. Once the plants have flowered, the flowers can be cut and dried for use in tea. Growing your own chamomile is a great way to have a never-ending supply of this calming herb.
A herb that is used for herbal tea preparation is chamomile. Chamomile seeds are employed in the preparation of flavored teas with therapeutic properties, as well as in herbal remedies for a variety of ailments
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The global Chamomile Seeds Market increased from US$ 494.3 Million to US$ 567.2 Million between 2017 and 2021 with a CAGR of 3.5%.
The historical outlook for the chamomile seeds market has been positive, with the market growing at a steady pace. However, future projections for the market are more optimistic, with experts predicting strong growth in the coming years. There are several factors that are driving this growth, including increasing demand from the food and beverage industry, rising health consciousness among consumers, and favorable government policies.
During the forecast period, the global Chamomile Seeds Market is anticipated to grow from US$ 587.1 Million in 2022 to US$ 1,002.8 Million by 2032 with a healthy CAGR of 5.5%.
The USA is the largest market for Chamomile Seeds, accounting for more than 32.8% of the global demand in 2022. The major drivers for the growth of the Chamomile Seeds market in the USA are the increasing demand from the food & beverage industry and the growing popularity of herbal tea.
Territorial Seed Company and Applewood Seed Company are the leading producers of Chamomile Seeds that originated in the USA.
China’s rise to dominance in the Chamomile Seeds market has been driven by a number of factors, including the country’s large population and growing middle class, which provides a ready market for Chamomile products. In addition, China’s climate is well-suited to the cultivation of Chamomile Seeds and the country has developed a strong infrastructure for producing and exporting agricultural products.
In recent years, China has become a major player in the global chamomile seeds market. The country is now the world’s largest producer and exporter of chamomile seeds and is anticipated to grow at a CAGR of 5.9% during the forecast period.
The major factors driving the growth of the Chamomile Seeds market in Germany are the increasing demand for herbal tea and cosmetics, and the growing popularity of organic products. Moreover, the presence of a large number of small and medium enterprises (SMEs) in the country is providing a boost to market growth.
However, the high cost of raw materials and stringent government regulations are some of the major challenges faced by players operating in the chamomile seeds market in Germany.
Germany is estimated to have a market value of US$ 159.1 Million and a 27% share of the global chamomile seed market in 2022.
Principal Consultant
Primarily, Roman Chamomile Seeds are used to produce oil. There are many benefits of using Roman Chamomile Seed oil. This oil can be used to help with a variety of skin issues including eczema, Psoriasis, and even acne. Roman Chamomile Seed oil can also help to reduce inflammation and redness in the skin. This oil is also effective in helping to heal wounds and scars.
This oil has a calming effect on the mind and body which can help to reduce stress levels. Roman Chamomile Seed oil can also be used as a natural sleeping aid.
Extracts from chamomile flowers are dried with the help of water, ethanol, or methanol as solvents. The prepared extracts are then used to treat various medical conditions, such as skin issues, stomach disorders, and others.
Chamomile seeds have been traditionally used for their various beneficial usages that cure a wide range of illnesses such as insomnia, mucositis, stomach disorders, skin conditions, the common cold, cardiovascular problems, colic osteoporosis, eczema, gastrointestinal issues, hemorrhoids, anxiety attacks, Diarrhea, wound healing, and more. These growing global applications are driving the Chamomile seeds market throughout 2032.
The chamomile seeds market is highly fragmented with numerous small and medium-sized players competing for market share. These companies are engaged in intense competition to gain a larger share of the market. The key strategies adopted by these companies include product innovation, expansion into new markets, and mergers & acquisitions.
The thorough evaluation of the report provides the growth potential, upcoming trends, and statistics of the Chamomile Seeds Market size and what it predicts for the future. The report also analyses the market trend drivers and challenges and the competitive evaluation of the existing market.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
| Attribute | Details |
|---|---|
| Forecast Period | 2022 to 2032 |
| Historical Data Available for | 2017 to 2022 |
| Market Analysis | USD Million for Value and Units for Volume |
| Key Regions Covered |
|
| Key Countries Covered |
|
| Key Segments Covered |
|
| Key Companies Profiled |
|
| Report Coverage | Drivers, Restraints, Opportunities and Threats Analysis, Market Forecast, Company Share Analysis, Market Dynamics and Challenges, Competitive Landscape, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The Chamomile Seeds Market will reach nearly US$ 587.1 Million by 2022.
The Chamomile Seeds Market is expected to rise at a CAGR of 5.5%.
The USA, Germany, China, India, and the United Kingdom are the major countries driving the demand for Chamomile Seeds Market.
The China Chamomile Seeds Market will grow at 5.9% CAGR between 2022 and 2032.
The India Chamomile Seeds Market will grow at 4.9% CAGR between 2022 and 2032.
The United Kingdom Chamomile Seeds Market will grow at 3.3% CAGR between 2022 and 2032.
The Good Seed Company, Territorial Seed Company, Applewood Seed Company, Victory Seed Company, and Incredible Seed Company are the companies dominating the Chamomile Seeds Market.
The global demand for Chamomile Seeds Market is forecasted to surpass US$ 1,002.8 Million by the year 2032.
Explore Food and Beverage Insights
View Reports
Chamomile Seeds Market
