The global frangipani extract market is experiencing robust growth, driven by increasing consumer demand for natural and therapeutic ingredients in various industries such as cosmetics, pharmaceuticals, and food & beverages. With a market value of US$ 34.85 million in 2022, the frangipani extract market is projected to reach US$ 56.10 million by 2032, exhibiting a steady CAGR of 4.9%. Let's delve into the dynamics, trends, and strategies shaping this burgeoning market.

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Key Players and Market Developments
Some of the key players in the market are Mane KANCOR, Veda Oils, INDIA AROMA OILS, AND COMPANY, HDDES, Manohar Botanical Extracts Pvt Ltd., Avi Naturals, A. G. Industries, Oshadhi, and Nature's Flavors, Inc., The Plant Extracts Company Pty Ltd., Pure Oils India, Aromaaz International, Kush Aroma Exports, D.S. Fragrances, Floral Essential Oil, etc.

Market Overview:

Frangipani extract is highly valued for its therapeutic properties in traditional medicine and its aromatic profile, which lends itself to perfumes and beauty products. With nourishing aesthetic properties, frangipani extract is a sought-after ingredient in various beauty formulations. Furthermore, its invigorating scent makes it ideal for aromatherapy, offering relaxation and relief from stress-related ailments such as headaches and inflammation.

Market Trends:

The rise in popularity of aromatherapy practices is fueling the demand for frangipani essential oil. Aromatherapy, a therapeutic practice utilizing essential oils, promotes mental, physical, and spiritual well-being. Frangipani extract is used to alleviate stress, promote relaxation, and improve sleep quality. Moreover, its anti-inflammatory properties make it effective in relieving headaches and muscle pain, driving its adoption in aromatherapy products.

Additionally, the increase in adoption of frangipani extract in cosmetics and personal care products is propelled by the growing demand for natural ingredients and organic formulations. Consumers are increasingly conscious of environmental sustainability and are opting for products with botanical extracts like frangipani for their skincare benefits. As a result, the cosmetics industry is witnessing a surge in the usage of frangipani extract in facial creams, body lotions, and perfumes.

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