Reports and Data's Global Kava Root Powder Market research report is an in-depth investigation that provides an industry-wide overview of existing and emerging growth patterns, end-user analysis, and other key data that has been tested and validated by industry experts and professionals. The report examines the market in terms of importance, share, size, demand and supply, patterns, competitive landscape, industrial chain analysis, and other important factors. The report also provides a detailed outlook for the industry's driving and restraining forces, as well as micro and macroeconomic factors that are expected to influence its development.
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The global Kava Root Powder market size was significantly robust in 2020 and is expected to register a double-digit revenue CAGR over the forecast period. Growing use of Kava Root Powders as herbal supplements, increasing potential of kava in alternative medicine, and rising demand for Kava Root Powder capsules for treating anxiety, relieve stress, and promote better sleep are key factors expected to drive market revenue growth over the forecast period. Kava tea is gaining popularity as a herbal remedy that is believed to relieve stress and anxiety and enhance sleep quality, besides having a calming, euphoric effect. A number of individuals are shifting to kava tea over alcohol, as kava tea has an effect that some consumers compare to that of alcohol. In addition, increasing applications of Kava Root Powders in cosmetic and personal care products is expected to support revenue growth of the market going ahead.
Major Companies:
Botanica, Kava King Products, Taos Herb Company, Natural Factors, Inc., Best Nutrition Products, Inc., Bolise Co., Limited, Kona Kava Farm, Root of Happiness, and Nutragreenlife Biotechnology, Co. Ltd.
The COVID-19 impact Analysis: The growing COVID-19 pandemic has led to the weakening demand for coatings in electronics, automotive, construction, and white goods. The market has the capacity to bounce back, but it completely depends on the duration of the lockdown, and also the impact of the virus on the economy. Even though the overall demand of the market is falling, the demand for Kava Root Powder is expected to rise in the coming years.
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Type Outlook:
- Kava Root Powder Extract
- Kava Root Liquid Extract
Application Outlook:
- Food & Beverage Industry
- Cosmetic Industry
- Pharmaceutical Industry
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Key Regional Markets Covered in the Report:
North America (U.S.A., Canada, Mexico)
Europe (Italy, U.K., Germany, France, Rest of Europe)
Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of the Kava Root Powder Market
– Changes in industry market dynamics
– Detailed market segmentation by type, application, etc.
– Historical, current and projected market size in terms of quantity and value
– Recent industry trends and developments
– Competition situation of Kava Root Powder Market
– Key companies and product strategies
– Potential niche segment/region showing promising growth.
Finally, the Kava Root Powder Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.
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