The Roselle market is expected to witness significant growth due to health Benefits
The global Roselle Market size was valued at $122.8 million in 2020, and is projected to reach $252.6 million by 2030, registering a CAGR of 7.5% from 2021 to 2030. In 2020, the powder form of Roselle segment accounted for the highest share in the Roselle market. Roselle, also known as hibiscus, used in the production of jelly, jam, juice, wine, syrup, gelatin, pudding, cake, ice cream, and flavoring. Its brilliant red color and unique flavor make it a valuable food product.
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Top Key Companies
The key players profiled in this report include Roselle Farms, Guangzhou Runming Tea Co., Ltd, Thai Organic Life, Cultivator Natural Products Pvt. Ltd, Atlantis Arena Sdn Bhd, Rossell India Ltd., Apple Food Industries, Buddha Teas, U.S. Wellness LLC, and The Tao of Tea LLC.
Key Findings of The Study:
By form, the powder segment held the highest share, accounting for 67.9% of the global Roselle industry.
Based on end use, the food & beverages segment held the major share of 32.1% of the market.
Region wise, North America held the major share in the market, and is expected to remain dominant throughout the forecast period.
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