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Global Chickweed Market by Type (Tincture, Tea, Oil, Salve, Others), By Application (Beverage, Pharmaceutical, Cosmetics And Personal Care, Dietary Supplement, Animal Feed) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: FB-238
  • Author: Up Market Research
  • Rating: 4.8
  • Total Reviews: 68
  • No. Of Pages: 241
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  • Pub. Date: 2021-03-01
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The Global Chickweed Market size is projected to reach USD 8.6 billion by 2028. Growing demand for natural cosmetics and personal care products coupled with increasing awareness about the medicinal properties of chickweed are expected to drive the market growth over the forecast period.

 

Chickweed is a herbal plant belonging to the family of Asteraceae, which includes daisy and sunflower. These plants are characterized by their small flowers arranged in heads containing florets with no ray petals or disc florets; they have flowerheads surrounded by involucral bracts that resemble an outer layer or envelope. Chickweed has hairy stems and opposite leaves on short stalks, blooming from May to July with white or pinkish-white blossoms clustered into flowery heads at the ends of its branches. It's also known as "stitchwort" because it was used for treating wounds like stitches after battles during medieval times due to its astringent properties.

In the United States, Chickweed is most likely to be found in damp meadows and as well along stream banks. In some parts of Europe, it's grown on a commercial basis for use in herbal remedies and food supplements. It has been reported that chickweed is used in traditional medicine practices in Russia, India, China, and Japan where studies have shown its potential benefits both internally (for gastrointestinal problems) but externally too – helping with eczema or burns by providing anti-inflammatory properties which promote skin healing. The same can't be said for the Western world though because there are no clinical trials proving this assertion just yet.

 

On the basis of Type, the market is segmented into Tinctures, Tea, Oil, And Salve. The oil segment is anticipated to witness the fastest growth in this market over the forecast period whereas tincture will be a close second due to its convenience and ease of use.

 

Tincture Chickweed:

Tinctures are made by steeping or soaking fresh, dried, or powdered chickweed in alcohol (typically vodka) for several weeks before straining out the plant matter. This process extracts many of the active compounds found in chickweed including saponins and tannins that have anti-inflammatory properties. Often these types of tinctures will then be mixed with honey to make them more palatable which improves their efficacy because it increases blood sugar levels thereby boosting metabolic rate leading to faster absorption into the system due to increased surface area of contact. Chickweed is most commonly considered to be a remedy for the common cold. It can also help with coughs and sore throats, as well as asthma.

 

Tea Chickweed:

Tea Chickweed is a perennial plant with narrow leaves and white flowers. It grows in moist soil mostly around the wetlands usually at elevations less than 1500 m above sea level. One of its most notable properties is that it has antiseptic, anti-inflammatory, antibacterial, antiviral, and anticancer effects. In addition to this, Tea Chickweed also helps relieve symptoms associated with asthma when used as an inhalant for chest congestion or coughs.

 

Oil Chickweed:

Oil is a perennial herb that grows in temperate climates. It has been used for centuries to treat eczema, psoriasis, and other skin diseases; this use is likely due to the high gamma-linolenic acid content of the oil which improves the production of prostaglandins necessary for wound healing. Its benefits are also seen as it helps with weight loss and lowers cholesterol levels.

 

Salve Chickweed:

Salve Chickweed is a plant belonging to the Urticaceae family, which grows up to 45-90 cm. It has green stalks with leaves shaped like a heart on top and small white flowers that have five petals. The chickweed sap can be used as a natural remedy for skin inflammation and allergy relief while the leaf tea helps regulate menstrual cycles. The root tincture also acts as a diuretic, antiseptic and mild sedative.

 

On the basis of Application, the market is segmented into Beverages; Pharmaceuticals; Cosmetics and Personal Care Products; Dietary supplements; Animal Feed. The first two segments are expected to show promising long-term sales potential in terms of value throughout the forecast period while others like cosmetics and personal care products have been witnessing stagnant growth for quite some time now but they still represent lucrative opportunities nonetheless given their large shares which could spur revenue gains going forward when coupled with other complementary factors such as increasing interest towards natural and organic products, growing demand for functional foods as well as increasing health awareness among consumers.

 

On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America, Latin America, and the Asia Pacific are expected to be lucrative markets as well due to their relatively higher numbers when compared with other regions like Middle East & Africa which have been witnessing slow growth rates owing to economic instabilities among others factors. Europe dominated the market by accounting for over one-quarter share of total revenues generated globally on an annualized basis during the 2017-2020 period while North American followed close behind taking up roughly 23%. Latin America was also projected to show promising long-term sales potential in terms of value throughout the forecasted period, however, they still represented only 13% shares.

 


Up Market Research published a new report titled “Chickweed Market research report which is segmented by Types (Tincture, Tea, Oil, Salve, Others), By Applications (Beverage, Pharmaceutical, Cosmetics And Personal Care, Dietary Supplement, Animal Feed), By Players/Companies Buddha Teas, Etsy, Bay Berry Bliss, Wild Carrot Herbals, Chagrin Valley Soap & Salve, LocalHarvest”.

 

Report Scope

Report Attributes Report Details
Report Title Chickweed Market Research Report
By Type Tincture, Tea, Oil, Salve, Others
By Application Beverage, Pharmaceutical, Cosmetics And Personal Care, Dietary Supplement, Animal Feed
By Companies Buddha Teas, Etsy, Bay Berry Bliss, Wild Carrot Herbals, Chagrin Valley Soap & Salve, LocalHarvest
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 241
Number of Tables & Figures 169
Customization Available Yes, the report can be customized as per your need.
 

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Chickweed Industry Outlook
 

Global Chickweed Market Report Segments:

The market is segmented by Type Tincture, Tea, Oil, Salve, Others and By Application Beverage, Pharmaceutical, Cosmetics And Personal Care, Dietary Supplement, Animal Feed.

 

Some of the companies that are profiled in this report are:

  1. Buddha Teas
  2. Etsy
  3. Bay Berry Bliss
  4. Wild Carrot Herbals
  5. Chagrin Valley Soap & Salve
  6. LocalHarvest
 

Chickweed Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

 

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Chickweed Market
 

Overview of the regional outlook of the Chickweed Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Chickweed Market Overview
 

Highlights of The Chickweed Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Chickweed Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Tincture

                2. Tea

                3. Oil

                4. Salve

                5. Others

       7. By Application:

                1. Beverage

                2. Pharmaceutical

                3. Cosmetics And Personal Care

                4. Dietary Supplement

                5. Animal Feed

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.
 

We have studied the Chickweed Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

 

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Chickweed Market Statistics
 

Reasons to Purchase the Chickweed Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chickweed Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Chickweed Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Chickweed Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Chickweed Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Chickweed Market Size & Forecast, 2018-2028 
      4.5.1 Chickweed Market Size and Y-o-Y Growth 
      4.5.2 Chickweed Market Absolute $ Opportunity 


Chapter 5 Global Chickweed Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Chickweed Market Size Forecast by Type
      5.2.1 Tincture
      5.2.2 Tea
      5.2.3 Oil
      5.2.4 Salve
      5.2.5 Others
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Chickweed Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Chickweed Market Size Forecast by Applications
      6.2.1 Beverage
      6.2.2 Pharmaceutical
      6.2.3 Cosmetics And Personal Care
      6.2.4 Dietary Supplement
      6.2.5 Animal Feed
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Chickweed Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Chickweed Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Chickweed Analysis and Forecast
   9.1 Introduction
   9.2 North America Chickweed Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Chickweed Market Size Forecast by Type
      9.6.1 Tincture
      9.6.2 Tea
      9.6.3 Oil
      9.6.4 Salve
      9.6.5 Others
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Chickweed Market Size Forecast by Applications
      9.10.1 Beverage
      9.10.2 Pharmaceutical
      9.10.3 Cosmetics And Personal Care
      9.10.4 Dietary Supplement
      9.10.5 Animal Feed
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Chickweed Analysis and Forecast
   10.1 Introduction
   10.2 Europe Chickweed Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Chickweed Market Size Forecast by Type
      10.6.1 Tincture
      10.6.2 Tea
      10.6.3 Oil
      10.6.4 Salve
      10.6.5 Others
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Chickweed Market Size Forecast by Applications
      10.10.1 Beverage
      10.10.2 Pharmaceutical
      10.10.3 Cosmetics And Personal Care
      10.10.4 Dietary Supplement
      10.10.5 Animal Feed
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Chickweed Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Chickweed Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Chickweed Market Size Forecast by Type
      11.6.1 Tincture
      11.6.2 Tea
      11.6.3 Oil
      11.6.4 Salve
      11.6.5 Others
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Chickweed Market Size Forecast by Applications
      11.10.1 Beverage
      11.10.2 Pharmaceutical
      11.10.3 Cosmetics And Personal Care
      11.10.4 Dietary Supplement
      11.10.5 Animal Feed
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Chickweed Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Chickweed Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Chickweed Market Size Forecast by Type
      12.6.1 Tincture
      12.6.2 Tea
      12.6.3 Oil
      12.6.4 Salve
      12.6.5 Others
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Chickweed Market Size Forecast by Applications
      12.10.1 Beverage
      12.10.2 Pharmaceutical
      12.10.3 Cosmetics And Personal Care
      12.10.4 Dietary Supplement
      12.10.5 Animal Feed
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Chickweed Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Chickweed Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Chickweed Market Size Forecast by Type
      13.6.1 Tincture
      13.6.2 Tea
      13.6.3 Oil
      13.6.4 Salve
      13.6.5 Others
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Chickweed Market Size Forecast by Applications
      13.10.1 Beverage
      13.10.2 Pharmaceutical
      13.10.3 Cosmetics And Personal Care
      13.10.4 Dietary Supplement
      13.10.5 Animal Feed
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Chickweed Market: Competitive Dashboard
   14.2 Global Chickweed Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Buddha Teas
      14.3.2 Etsy
      14.3.3 Bay Berry Bliss
      14.3.4 Wild Carrot Herbals
      14.3.5 Chagrin Valley Soap & Salve
      14.3.6 LocalHarvest
Segments Covered in the Report
The global Chickweed market has been segmented based on

By Types
  • Tincture
  • Tea
  • Oil
  • Salve
  • Others
By Applications
  • Beverage
  • Pharmaceutical
  • Cosmetics And Personal Care
  • Dietary Supplement
  • Animal Feed
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Buddha Teas
  • Etsy
  • Bay Berry Bliss
  • Wild Carrot Herbals
  • Chagrin Valley Soap & Salve
  • LocalHarvest

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