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Pulished Date April, 2021
ID: 3779
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Europe Bay Leaf Market by Form (Grounded Powder and Oil), by Application (Pharmaceutical, Cosmetics & Personal Care, Food & Beverages, and Nutraceutical), by Distribution Channel (Manufacturers, Distributors, Super Stockiest, Supermarket, Online, Convenience Stores, and Others), and By Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) – Size, Share, Trends, Growth, Forecast (2021-2026)

Pulished: April, 2021
ID: 3779
Pages: 139

Europe Bay Leaf Market Growth and Forecast (2021-2026):

The Europe Bay Leaf Market was at US$ xx million in 2021, and it is predicted that it will reach a valuation of US$ xx million by 2026 with an expansion rate (CAGR) of xx% between 2021 and 2026.

Market Overview:

Bay leaf contains vitamin A, vitamin C, and folate, making it a nutritious herb. Chemical and pesticide companies also use bay leaves because they are the basis for insect repellent products. Bay leaves are attracting the attention of health-conscious consumers around the world for their medicinal properties, such as antioxidant properties that heal the body. The natural properties of bay leave also help skin care, such as hair loss problems, pigmentation, etc., and help generate more income in the market. The world surrounding the existence of laurels has now declined due to the changing global climate scenario. Different types of bay leaves include California bay, Indian bay, Indonesian bay, West Indian bay, and Mexican bay. They have been used for culinary and medicinal purposes since historical times. They are also used in fish sauces, stews, soups, meats, and sweets. The leaves and fruits contain drugs, stimulants and properties. The oil extracted from the leaves is also used as a condiment and food seasoning. Bay leaves also have hypoglycemic, antiulcer, antibacterial, and antifungal properties.

Recent Developments in Europe Bay Leaf Industry:

  • In June 2019, Feragaia launched non-alcoholic liquor on the UK market. Spirit contains 14 different plants, including bay leaves, seaweed, and chamomile, which are mixed by hand.

Europe Bay Leaf Market Growth:

The increased use of bay leaf as an ingredient in food preparations such as sauces and dressings, personal care, etc., gives manufacturers ample opportunities to grow in the Europe Bay Leaf market.

Drivers:

The Europe Bay Leaf market is supposed to see growth as awareness of a variety of health benefits increases among consumers. The consumption of herbs and spices is driving demand for bay leaf in the European market. Increased demand for essential oils due to medicinal effects is also driving the business. Bay leaf essential oil helps to improve the scalp, which favors the strengthening of the hair. Consumers are increasingly adopting an herbal tea consumption pattern that increases demand for spices such as bay leaves, which is driving the Europe Bay Leaf market. It also helps control diabetes, promotes efficient digestion and nutrition, alleviates respiratory problems, reduces inflammation caused by joint pain and arthritis, and reduces stress hormone levels.Market expansion into various industries, such as the food and beverage industry, the cosmetics and personal care industry, and healthcare industry, are the main factors that are expected to drive the growth of the Europe Bay Leaf market during the estimated period. Additionally, the use of bay leaves in seasonal cooked and processed food and beverage dishes improves overall taste and increases nutritional value. This is the main factor that is estimated to drive the growth of the Europe Bay Leaf market during the outlook period. Bay leaf oil is also used in aromatherapy due to its strong fragrance that will promote long-term growth. The rapid increase in consumption is mainly due to its use in the food and beverage industry, the cosmetics market and mainly products for the improvement of hair health. While the market is immersed in other pharmaceutical and nutraceutical products, consumers are paying attention to health awareness about growing concerns due to excessive use of these types of products.

The anti-inflammatory properties of bay leaves reduce the likelihood of arthritis and consuming bay leaves improves insulin function, which is beneficial for diabetics. Consumption of spices has increased as awareness of the benefits has increased, and consumer interest has increased. Bay leaf is used as a whole, powdered and oil. Spices are gaining popularity because they are used in French and Indian cuisine. Bay leaf is also used as a flavoring agent for alcohol and vinegar. The consumption of bay extract as a dietary supplement is increasing the demand for bay leaves in all regions of health-conscious consumers. Rapidly growing urbanization and changing lifestyles have transformed food preferences into healthy eating due to the benefits of herbs and spices. The increase in the prevalence of nutraceuticals and pharmaceuticals due to increased health awareness among people is another key factor that is supposed to drive the growth of the Europe Bay Leaf market during the conjecture period. In addition, the increased adoption of bay leaves due to the various health benefits that help in respiratory diseases, diabetes, stress reduction and control of hormone levels is also estimated to support developments in the Europe Bay Leaf market over the envisioned period.

Restraints:

Confusion among users about the availability of alternative products on the market and the various laurels that can be toxic to nature. These are some of the key factors that will hamper the growth of the Europe Bay Leaf market to some extent.

Europe Bay Leaf Market Segmentation Analysis:

Based on its form, the Europe Bay Leaf market is divided into grounded powder and oil.

By application, Europe Bay Leaf market is segmented into pharmaceutical, personal care and cosmetic, food and beverage, nutraceuticals, and other industries.

On the basis of distribution channels, the Europe bay leaf market is segmented into manufacturers, distributors, super stockiest, convenience stores, supermarkets, online, etc.

Impact of COVID-19 on the Europe Bay Leaf Market:

The coronavirus outbreak has brought unprecedented challenges to all areas of the world. The demand for food has grown rapidly due to global lockdowns and panic buying behavior from consumers. The closure of the HORECA sector has affected food and food producers. Stock consumption increased while high value-added products such as meat, specialty cheeses and wine decreased. The demand for bay leaves in the dietary supplement industry can be seen as a dizzying graph, as most pharmaceutical and packaged food manufacturers operate in different parts of the world with the permission of local government authorities. Bay leaf is mainly supplied to the food and pharmaceutical industry, which are operating due to this pandemic that could increase the demand for bay leaf.

Regional Analysis:

Geographically the Europe Bay Leaf Market is segmented into UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe. The European bay leaf market is supposed to register significant growth in terms of CAGR as awareness of bay leaf medicinal properties increases and its usage in a variety of food dishes increases by part of individuals in countries of the region. The European bay leaf market is expected to show rapid growth during the projection period, mainly driven by growth in the food and beverage industry, especially in Spain and Italy.

Key Players in the Market:

Major Key Players in the Europe Bay Leaf Market are

  • Mountain Rose Herbs
  • Alpina Organic Company
  • Frontier Co-op
  • Red Stick Spice Co
  • Pacific Spice Company, Inc
  • McCormick & Company, Inc
  • Hoby Agriculture
  • Forest Product CoLtd
  • Anatoli Spices

 

 

 

1. Introduction                         

          1.1 Market Definition                

          1.2 Scope of the report             

          1.3 Study Assumptions             

          1.4 Base Currency, Base Year and Forecast Periods            

2. Research Methodology                    

          2.1 Analysis Design                  

          2.2 Research Phases                 

                   2.2.1 Secondary Research

                   2.2.2 Primary Research    

                   2.2.3 Data Modelling       

                   2.2.4 Expert Validation    

          2.3 Study Timeline          

3. Report Overview                   

          3.1 Executive Summary             

          3.2 Key Inferencees                  

4. Market Dynamics                            

          4.1 Impact Analysis                  

                   4.1.1 Drivers         

                   4.1.2 Restaints     

                   4.1.3 Opportunities         

          4.2 Regulatory Environment                

          4.3 Technology Timeline & Recent Trends               

5. Competitor Benchmarking Analysis                     

          5.1 Key Player Benchmarking               

                   5.1.1 Market share analysis       

                   5.1.2 Products/Service    

                   5.1.3 Regional Presence   

          5.2 Mergers & Acquistion Landscape             

          5.3 Joint Ventures & Collaborations               

6. Market Segmentation                      

          6.1 Bay Leaf Market, By Form              

                   6.1.1 Grounded Powder   

                   6.1.2 Oil     

                   6.1.3 Market Size Estimations & Forecasts (2021-2026)   

                   6.1.4 Y-o-Y Growth Rate Analysis       

                   6.1.5 Market Attractiveness Index       

          6.2 Bay Leaf Market, By Application               

                   6.2.1 Pharmaceutical       

                   6.2.2 Cosmetics & Personal Care

                   6.2.3 Food & Beverages   

                   6.2.4 Nutraceutical

                   6.2.5 Market Size Estimations & Forecasts (2021-2026)   

                   6.2.6 Y-o-Y Growth Rate Analysis       

                   6.2.7 Market Attractiveness Index       

          6.3 Bay Leaf Market, By Distribution Channel           

                   6.3.1 Manufacturers        

                   6.3.2 Distributors  

                   6.3.3 Super Stockiest      

                   6.3.4 Supermarket 

                   6.3.5 Online

                   6.3.6 Convenience Stores

                   6.3.7 Market Size Estimations & Forecasts (2021-2026)   

                   6.3.8 Y-o-Y Growth Rate Analysis       

                   6.3.9 Market Attractiveness Index       

7. Geographical Landscape                            

          7.1 Regional Identity Governance and Administration Market, by Region           

          7.2 Europe - Market Analysis (2021-2026)           

                   7.2.1 By Country   

                             7.2.1.1 UK

                             7.2.1.2 France

                             7.2.1.3 Germany

                             7.2.1.4 Spain

                             7.2.1.5 Italy

                             7.2.1.6 Rest of Europe

                   7.2.2 By Form       

                   7.2.3 By Application        

                   7.2.4 By Distribution Channel    

8. Key Player Analysis                         

          8.1 Mountain Rose Herbs          

                   8.1.1 Business Description        

                   8.1.2 Products/Service    

                   8.1.3 Financials     

                   8.1.4 SWOT Analysis       

                   8.1.5 Recent Developments       

                   8.1.6 Analyst Overview    

          8.2 Alpina Organic Company               

          8.3 Frontier Co-op          

          8.4 Red Stick Spice Co              

          8.5 Pacific Spice Company, Inc            

          8.6 McCormick & Company, Inc           

          8.7 Hoby Agriculture and Forest Product Co Ltd                 

          8.8 Anatoli Spices           

9. Market Outlook & Investment Opportunities                            

Appendix                        

          List of Tables                  

          List of Figures                 

 
  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The Segment-level analysis in terms of By Form, Application, Distribution Channel and along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

 

 

  1. Europe Bay Leaf Market By Form, From 2021-2026 ( USD Billion )
  2. Europe Grounded Powder Market By Region, From 2021-2026 ( USD Billion )
  3. Europe Oil Market By Region, From 2021-2026 ( USD Billion )
  4. Europe Bay Leaf Market By Application, From 2021-2026 ( USD Billion )
  5. Europe Pharmaceutical Market By Region, From 2021-2026 ( USD Billion )
  6. Europe Cosmetics & Personal Care Market By Region, From 2021-2026 ( USD Billion )
  7. Europe Food & Beverages Market By Region, From 2021-2026 ( USD Billion )
  8. Europe Nutraceutical Market By Region, From 2021-2026 ( USD Billion )
  9. Europe Bay Leaf Market By Distribution Channel, From 2021-2026 ( USD Billion )
  10. Europe Manufacturers Market By Region, From 2021-2026 ( USD Billion )
  11. Europe Distributors Market By Region, From 2021-2026 ( USD Billion )
  12. Europe Super Stockiest Market By Region, From 2021-2026 ( USD Billion )
  13. Europe Supermarket Market By Region, From 2021-2026 ( USD Billion )
  14. Europe Online Market By Region, From 2021-2026 ( USD Billion )
  15. Europe Convenience Stores Market By Region, From 2021-2026 ( USD Billion )
  16. U.K. Bay Leaf Market By Form, From 2021-2026 ( USD Billion )
  17. U.K. Bay Leaf Market By Application, From 2021-2026 ( USD Billion )
  18. U.K. Bay Leaf Market By Distribution Channel, From 2021-2026 ( USD Billion )
  19. Germany Bay Leaf Market By Form, From 2021-2026 ( USD Billion )
  20. Germany Bay Leaf Market By Application, From 2021-2026 ( USD Billion )
  21. Germany Bay Leaf Market By Distribution Channel, From 2021-2026 ( USD Billion )
  22. France Bay Leaf Market By Form, From 2021-2026 ( USD Billion )
  23. France Bay Leaf Market By Application, From 2021-2026 ( USD Billion )
  24. France Bay Leaf Market By Distribution Channel, From 2021-2026 ( USD Billion )
  25. Italy Bay Leaf Market By Form, From 2021-2026 ( USD Billion )
  26. Italy Bay Leaf Market By Application, From 2021-2026 ( USD Billion )
  27. Italy Bay Leaf Market By Distribution Channel, From 2021-2026 ( USD Billion )
  28. Spain Bay Leaf Market By Form, From 2021-2026 ( USD Billion )
  29. Spain Bay Leaf Market By Application, From 2021-2026 ( USD Billion )
  30. Spain Bay Leaf Market By Distribution Channel, From 2021-2026 ( USD Billion )

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