[345 Pages Report] Global Myrrh Powder demand is anticipated to grow at a CAGR of 4.2% over the forecast period. Myrrh is a reddish-brown gum or resin derived from a variety of small tree species. The clarity and darkness of myrrh powder are well known. One of the most important ingredients in Egyptian perfumery is myrrh powder. It has a musky aroma and is a resinous powder.
Because of the growing popularity of myrrh powder, the food industry has been inspired to investigate new and efficient methods for the development of myrrh powder and its applications within the industry. Myrrh powder is also used in other industries such as pharmaceuticals.
It is effective in treating ulcers, indigestion, colds, asthma, bronchial congestion, arthritic pain, leprosy, syphilis, and cough. Myrrh powder is used as a flavoring agent in a variety of commercial products in the food and beverage industry.
Commiphora myrrh powder, a type of myrrh powder, is used in a variety of manufacturing processes, including the production of fragrances and cosmetic fixatives. This diverse use of myrrh powder in various end-use industries will boost market growth during the forecast period.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Myrrh powder is a favorite among all cultures due to its earthy aroma. Myrrh powder was used as incense in funerals and cremations in ancient Somalia and Ethiopia.
Myrrh resins contain volatile oil and mucilage, which have antimicrobial, deodorizing, antitumor, anti-inflammatory, and astringent properties. Myrrh powder, which is extracted from it, can aid in peristalsis and muscle smoothing. Aside from that, this powder has been shown to increase uterine blood flow.
Myrrh powder and myrrh oil account for a significant portion of global myrrh production. The Myrrh powder market is expected to grow significantly in the coming years due to its numerous benefits.
Myrrh Powder is also used as a stimulant to increase menstrual flow. The global demand for medicinal products is expected to drive the Myrrh Powder market. Furthermore, the global personal care industry will have a positive impact on the global Myrrh Powder market. Rising spending on dermatological or topical solutions and perfumes is expected to expand the personal care products industry, driving demand for Myrrh Powder.
Stringent regulation for Myrrh Powder from various government bodies such as the USDA, FDA, and others are some of the key factors that are likely to impede the growth of the Myrrh Powder market. The adverse effects of Myrrh Powder, such as carcinogenic toxicity levels and hypersensitivity reaction inducing properties, are likely to limit the market growth.
Principal Consultant
Various growth factors are expected to propel Germany, the United Kingdom, and France. Companies in France have numerous opportunities in Europe to market gums and resins such as myrrh powder, Arabic gum, and others.
The French cosmetics and food market is being propelled by a trend encouraging the purchase of natural products, as social and environmental concerns become more important in consumer decision-making. Manufacturers are increasingly looking for new natural ingredients to add to their product lines. This trend is assisting European market growth.
However, APAC, primarily China and India, is expected to emerge at the fastest rate between 2022 and 2032. This expansion is attributed to the growing influence of the Western lifestyle and increased awareness of the health benefits of the Myrrh Powder product. Because of the abundance of raw materials, the Asia Pacific myrrh powder market, particularly in India, is expected to be lucrative in terms of revenue generation.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Mountain Rose Inc., Texas Natural Supply, Oregon's Wild Harvest, Amazon Discovery, Monterey Bay Spice Company, Organic Creations Incorporated, TheEclecticeuphoria, LIVING EARTH HERBS, Austral Herbs, G. Baldwin & CoNature's Warehouse, Tinderbox, Scents of Earth, Crafters Choice, and JustIngredients Limited are some of the key suppliers and producers operating in the global Myrrh Powder market.
Companies are actively collaborating by acquiring international and domestic players to broaden their product portfolios and distribution channels in the emerging market. Another important factor for manufacturers to improve technologies is technological advancements
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 4.2% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015 to 2020 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million, Volume in Kilotons and CAGR from 2022-2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered |
|
| Regions Covered |
|
| Key Countries Profile |
|
| Key Companies Profiled |
|
| Customization | Available Upon Request |
FMI projects the global Myrrh Powder market to expand at a 4.2% value CAGR by 2032.
Asia Pacific is expected to be the most opportunistic Myrrh Powder market, expanding at a 5% CAGR.
Mountain Rose Inc., Texas Natural Supply, Oregon's Wild Harvest, Amazon Discovery, Monterey Bay Spice Company, Organic Creations Incorporated, TheEclecticeuphoria, LIVING EARTH HERBS, Austral Herbs, G. Baldwin & Co., Nature's Warehouse, Tinderbox, Scents of Earth, Crafters Choice are some prominent Myrrh Powder manufacturers.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Myrrh Powder Market Analysis 2017-2021 and Forecast, 2022-2032 4.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis, 2017-2021 4.2. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Projections, 2022-2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Myrrh Powder Market Analysis 2017-2021 and Forecast 2022-2032, By Nature 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Nature, 2017-2021 5.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Nature, 2022-2032 5.3.1. Organic 5.3.2. Conventional 5.4. Y-o-Y Growth Trend Analysis By Nature, 2017-2021 5.5. Absolute $ Opportunity Analysis By Nature, 2022-2032 6. Global Myrrh Powder Market Analysis 2017-2021 and Forecast 2022-2032, By End Use 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By End Use, 2017-2021 6.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By End Use, 2022-2032 6.3.1. Food and Beverages 6.3.2. Pharmaceuticals 6.3.3. Cosmetics and Personal Care 6.3.4. Perfumeries 6.3.5. Other 6.4. Y-o-Y Growth Trend Analysis By End Use, 2017-2021 6.5. Absolute $ Opportunity Analysis By End Use, 2022-2032 7. Global Myrrh Powder Market Analysis 2017-2021 and Forecast 2022-2032, By Sales Channel 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Sales Channel, 2017-2021 7.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Sales Channel, 2022-2032 7.3.1. Direct Sales 7.3.2. Indirect Sales 7.3.2.1. Supermarket/Hypermarket 7.3.2.2. Online Stores 7.3.2.3. Retail Stores 7.4. Y-o-Y Growth Trend Analysis By Sales Channel, 2017-2021 7.5. Absolute $ Opportunity Analysis By Sales Channel, 2022-2032 8. Global Myrrh Powder Market Analysis 2017-2021 and Forecast 2022-2032, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Region, 2017-2021 8.3. Current Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Region, 2022-2032 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. Asia Pacific 8.3.5. MEA 8.4. Market Attractiveness Analysis By Region 9. North America Myrrh Powder Market Analysis 2017-2021 and Forecast 2022-2032, By Country 9.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021 9.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032 9.2.1. By Country 9.2.1.1. U.S. 9.2.1.2. Canada 9.2.2. By Nature 9.2.3. By End Use 9.2.4. By Sales Channel 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Nature 9.3.3. By End Use 9.3.4. By Sales Channel 9.4. Key Takeaways 10. Latin America Myrrh Powder Market Analysis 2017-2021 and Forecast 2022-2032, By Country 10.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021 10.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Rest of Latin America 10.2.2. By Nature 10.2.3. By End Use 10.2.4. By Sales Channel 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Nature 10.3.3. By End Use 10.3.4. By Sales Channel 10.4. Key Takeaways 11. Europe Myrrh Powder Market Analysis 2017-2021 and Forecast 2022-2032, By Country 11.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021 11.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. U.K. 11.2.1.3. France 11.2.1.4. Spain 11.2.1.5. Italy 11.2.1.6. Rest of Europe 11.2.2. By Nature 11.2.3. By End Use 11.2.4. By Sales Channel 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Nature 11.3.3. By End Use 11.3.4. By Sales Channel 11.4. Key Takeaways 12. Asia Pacific Myrrh Powder Market Analysis 2017-2021 and Forecast 2022-2032, By Country 12.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021 12.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032 12.2.1. By Country 12.2.1.1. China 12.2.1.2. Japan 12.2.1.3. South Korea 12.2.1.4. Malaysia 12.2.1.5. Singapore 12.2.1.6. Australia 12.2.1.7. New Zealand 12.2.1.8. Rest of APAC 12.2.2. By Nature 12.2.3. By End Use 12.2.4. By Sales Channel 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Nature 12.3.3. By End Use 12.3.4. By Sales Channel 12.4. Key Takeaways 13. MEA Myrrh Powder Market Analysis 2017-2021 and Forecast 2022-2032, By Country 13.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021 13.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032 13.2.1. By Country 13.2.1.1. GCC Countries 13.2.1.2. South Africa 13.2.1.3. Israel 13.2.1.4. Rest of MEA 13.2.2. By Nature 13.2.3. By End Use 13.2.4. By Sales Channel 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Nature 13.3.3. By End Use 13.3.4. By Sales Channel 13.4. Key Takeaways 14. Key Countries Myrrh Powder Market Analysis 14.1. U.S. 14.1.1. Pricing Analysis 14.1.2. Market Share Analysis, 2021 14.1.2.1. By Nature 14.1.2.2. By End Use 14.1.2.3. By Sales Channel 14.2. Canada 14.2.1. Pricing Analysis 14.2.2. Market Share Analysis, 2021 14.2.2.1. By Nature 14.2.2.2. By End Use 14.2.2.3. By Sales Channel 14.3. Brazil 14.3.1. Pricing Analysis 14.3.2. Market Share Analysis, 2021 14.3.2.1. By Nature 14.3.2.2. By End Use 14.3.2.3. By Sales Channel 14.4. Mexico 14.4.1. Pricing Analysis 14.4.2. Market Share Analysis, 2021 14.4.2.1. By Nature 14.4.2.2. By End Use 14.4.2.3. By Sales Channel 14.5. Germany 14.5.1. Pricing Analysis 14.5.2. Market Share Analysis, 2021 14.5.2.1. By Nature 14.5.2.2. By End Use 14.5.2.3. By Sales Channel 14.6. U.K. 14.6.1. Pricing Analysis 14.6.2. Market Share Analysis, 2021 14.6.2.1. By Nature 14.6.2.2. By End Use 14.6.2.3. By Sales Channel 14.7. France 14.7.1. Pricing Analysis 14.7.2. Market Share Analysis, 2021 14.7.2.1. By Nature 14.7.2.2. By End Use 14.7.2.3. By Sales Channel 14.8. Spain 14.8.1. Pricing Analysis 14.8.2. Market Share Analysis, 2021 14.8.2.1. By Nature 14.8.2.2. By End Use 14.8.2.3. By Sales Channel 14.9. Italy 14.9.1. Pricing Analysis 14.9.2. Market Share Analysis, 2021 14.9.2.1. By Nature 14.9.2.2. By End Use 14.9.2.3. By Sales Channel 14.10. China 14.10.1. Pricing Analysis 14.10.2. Market Share Analysis, 2021 14.10.2.1. By Nature 14.10.2.2. By End Use 14.10.2.3. By Sales Channel 14.11. Japan 14.11.1. Pricing Analysis 14.11.2. Market Share Analysis, 2021 14.11.2.1. By Nature 14.11.2.2. By End Use 14.11.2.3. By Sales Channel 14.12. South Korea 14.12.1. Pricing Analysis 14.12.2. Market Share Analysis, 2021 14.12.2.1. By Nature 14.12.2.2. By End Use 14.12.2.3. By Sales Channel 14.13. Malaysia 14.13.1. Pricing Analysis 14.13.2. Market Share Analysis, 2021 14.13.2.1. By Nature 14.13.2.2. By End Use 14.13.2.3. By Sales Channel 14.14. Singapore 14.14.1. Pricing Analysis 14.14.2. Market Share Analysis, 2021 14.14.2.1. By Nature 14.14.2.2. By End Use 14.14.2.3. By Sales Channel 14.15. Australia 14.15.1. Pricing Analysis 14.15.2. Market Share Analysis, 2021 14.15.2.1. By Nature 14.15.2.2. By End Use 14.15.2.3. By Sales Channel 14.16. New Zealand 14.16.1. Pricing Analysis 14.16.2. Market Share Analysis, 2021 14.16.2.1. By Nature 14.16.2.2. By End Use 14.16.2.3. By Sales Channel 14.17. GCC Countries 14.17.1. Pricing Analysis 14.17.2. Market Share Analysis, 2021 14.17.2.1. By Nature 14.17.2.2. By End Use 14.17.2.3. By Sales Channel 14.18. South Africa 14.18.1. Pricing Analysis 14.18.2. Market Share Analysis, 2021 14.18.2.1. By Nature 14.18.2.2. By End Use 14.18.2.3. By Sales Channel 14.19. Israel 14.19.1. Pricing Analysis 14.19.2. Market Share Analysis, 2021 14.19.2.1. By Nature 14.19.2.2. By End Use 14.19.2.3. By Sales Channel 15. Market Structure Analysis 15.1. Competition Dashboard 15.2. Competition Benchmarking 15.3. Market Share Analysis of Top Players 15.3.1. By Regional 15.3.2. By Nature 15.3.3. By End Use 15.3.4. By Sales Channel 16. Competition Analysis 16.1. Competition Deep Dive 16.1.1. Mountain Rose Inc. 16.1.1.1. Overview 16.1.1.2. Product Portfolio 16.1.1.3. Profitability by Market Segments 16.1.1.4. Sales Footprint 16.1.1.5. Strategy Overview 16.1.1.5.1. Marketing Strategy 16.1.1.5.2. Product Strategy 16.1.1.5.3. Channel Strategy 16.1.2. Texas Natural Supply 16.1.2.1. Overview 16.1.2.2. Product Portfolio 16.1.2.3. Profitability by Market Segments 16.1.2.4. Sales Footprint 16.1.2.5. Strategy Overview 16.1.2.5.1. Marketing Strategy 16.1.2.5.2. Product Strategy 16.1.2.5.3. Channel Strategy 16.1.3. Oregon’s Wild Harvest 16.1.3.1. Overview 16.1.3.2. Product Portfolio 16.1.3.3. Profitability by Market Segments 16.1.3.4. Sales Footprint 16.1.3.5. Strategy Overview 16.1.3.5.1. Marketing Strategy 16.1.3.5.2. Product Strategy 16.1.3.5.3. Channel Strategy 16.1.4. Amazon Discovery 16.1.4.1. Overview 16.1.4.2. Product Portfolio 16.1.4.3. Profitability by Market Segments 16.1.4.4. Sales Footprint 16.1.4.5. Strategy Overview 16.1.4.5.1. Marketing Strategy 16.1.4.5.2. Product Strategy 16.1.4.5.3. Channel Strategy 16.1.5. Monterey Bay Spice Company 16.1.5.1. Overview 16.1.5.2. Product Portfolio 16.1.5.3. Profitability by Market Segments 16.1.5.4. Sales Footprint 16.1.5.5. Strategy Overview 16.1.5.5.1. Marketing Strategy 16.1.5.5.2. Product Strategy 16.1.5.5.3. Channel Strategy 16.1.6. Organic Creations Incorporated 16.1.6.1. Overview 16.1.6.2. Product Portfolio 16.1.6.3. Profitability by Market Segments 16.1.6.4. Sales Footprint 16.1.6.5. Strategy Overview 16.1.6.5.1. Marketing Strategy 16.1.6.5.2. Product Strategy 16.1.6.5.3. Channel Strategy 16.1.7. TheEclecticeuphoria 16.1.7.1. Overview 16.1.7.2. Product Portfolio 16.1.7.3. Profitability by Market Segments 16.1.7.4. Sales Footprint 16.1.7.5. Strategy Overview 16.1.7.5.1. Marketing Strategy 16.1.7.5.2. Product Strategy 16.1.7.5.3. Channel Strategy 16.1.8. Austral Herbs 16.1.8.1. Overview 16.1.8.2. Product Portfolio 16.1.8.3. Profitability by Market Segments 16.1.8.4. Sales Footprint 16.1.8.5. Strategy Overview 16.1.8.5.1. Marketing Strategy 16.1.8.5.2. Product Strategy 16.1.8.5.3. Channel Strategy 16.1.9. G. Baldwin & Co. 16.1.9.1. Overview 16.1.9.2. Product Portfolio 16.1.9.3. Profitability by Market Segments 16.1.9.4. Sales Footprint 16.1.9.5. Strategy Overview 16.1.9.5.1. Marketing Strategy 16.1.9.5.2. Product Strategy 16.1.9.5.3. Channel Strategy 16.1.10. Nature’s Warehouse 16.1.10.1. Overview 16.1.10.2. Product Portfolio 16.1.10.3. Profitability by Market Segments 16.1.10.4. Sales Footprint 16.1.10.5. Strategy Overview 16.1.10.5.1. Marketing Strategy 16.1.10.5.2. Product Strategy 16.1.10.5.3. Channel Strategy 16.1.11. Tinderbox 16.1.11.1. Overview 16.1.11.2. Product Portfolio 16.1.11.3. Profitability by Market Segments 16.1.11.4. Sales Footprint 16.1.11.5. Strategy Overview 16.1.11.5.1. Marketing Strategy 16.1.11.5.2. Product Strategy 16.1.11.5.3. Channel Strategy 16.1.12. Scents of Earth 16.1.12.1. Overview 16.1.12.2. Product Portfolio 16.1.12.3. Profitability by Market Segments 16.1.12.4. Sales Footprint 16.1.12.5. Strategy Overview 16.1.12.5.1. Marketing Strategy 16.1.12.5.2. Product Strategy 16.1.12.5.3. Channel Strategy 17. Assumptions & Acronyms Used 18. Research Methodology
Explore Food and Beverage Insights
View Reports
Myrrh Powder Market
