Global Butterfly Pea Flowers Market - MarkNtel

1. Global Butterfly Pea Flowers Market Research Report: Forecast (2023-2028) • GET UPDATED SAMPLE REPORT • MARKNTEL ADVISORS

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4. Market Insights The Global Butterfly Pea Flowers Market size was valued at around USD 350 million in 2022 & is estimated to grow at a CAGR of about 6.2% during the forecast period, i.e., 2023-28. The rising prevalence of butterfly pea flowers in several edible, medicinal, etc., products as natural coloring agents is likely to drive the demand, further creating a positive market outlook. Apart from being a great fit as a natural color, these flowers have great antioxidant & flavonoid qualities with no or zero caffeine, hence are largely consumed by individuals across the globe in the form of organic or healthy tea. As the world is transforming & many consumers are shifting towards healthy habits, thus a rapid adoption of these flowers has been witnessed across numerous countries. Many individuals are consuming butterfly pea flowers in one or the other way in their diet, owing to the wide range of benefits they offer, such as improving metabolism, maintaining blood-sugar lever, anti-aging, and many more. Hence, in line with the health influencing factors, the Global Butterfly Pea Flowers Market is predicted to grab a strong footprint in the coming years.

5. Market Drivers Mounting Prevalence for Herbal & Organic Products to Positively Affect the Market – The increasing awareness among consumers about wellness & good health is driving the market for herbal products & in turn, the Global Butterfly Pea Flowers Market. Individuals are becoming increasingly invested in beverages & food items that aid in the improvement of physical functioning without harming their internal system or any side effects. The market has also been growing in response to the rising popularity of butterfly pea flower tea or blue tea. Further, in line with the emerging demand, tea companies are creating cutting-edge products to meet the mounting needs, eventually contributing to elevating the growth graph of the market.

6. Market Segments By Type (Whole Dried Flowers, Sterilized Powder, Extracts), By Application (Food, Beverages, Others (Medicines, Skincare, etc.)), By Distribution Channel (B2B, B2C), By Region (North America, South America, Europe, The Middle East & Africa, Asia-Pacific), By Company (Curio Spice, Rishi Tea, Ohio Tea Company, Incas by Asiya Life, Lake Missoula Tea Company, Woodland Foods, My Blue Tea, Wild Hibiscus Flower Co, YumchaaArison Tea Company, Saathea, EverforEver Biotech, Others)

7. Top Companies By Company (Curio Spice, Rishi Tea, Ohio Tea Company, Incas by Asiya Life, Lake Missoula Tea Company, Woodland Foods, My Blue Tea, Wild Hibiscus Flower Co, YumchaaArison Tea Company, Saathea, EverforEver Biotech, Others)

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10. MarkNtel Advisors Target Geographies- Focus Areas • MarkNtel has strategically defined its target areas which are based on evaluation by its analysts after analysing the growth potential of various regions. Few of those parameters include: • -Political, Economic, Social, Technological and Environmental Analysis • -Credit Ratings provided by leading institutions • -GDP projections by bodies such as the World Bank, IMF, OECD, etc. • -Market Disruptions and the “Next Big Things”

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