A comprehensive industry overview and market perspective are included in the latest study from MarkNtel Advisors titled Global Butterfly Pea Flowers Market. The research provides a detailed overview of the current market state, including market trends and the most recent advancements made globally. In-depth analysis of market size, share, industry trends, forecast, and competitive environment is covered in the report that presents clear picture of the market with relevant statistical data.

The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.

Global Butterfly Pea Flowers Market Definition:

Butterfly Pea flower is a blue-colored flower that has petals in the shape of a butterfly & are natives to Southeast Asia. The scientific name for this flower is ‘Clitoria Ternate’, & they are widely used as an edible flower owing to its antioxidant, medicinal, culinary, and natural food coloring qualities.

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Global Butterfly Pea Flowers Market Insights:

The Global Butterfly Pea Flowers Market size was valued at around USD 350 million in 2022 & is estimated to grow at a CAGR of about 6.2% during the forecast period, i.e., 2023-28.

Global Butterfly Pea Flowers Market Driver:

Mounting Prevalence for Herbal & Organic Products to Positively Affect the Market – The increasing awareness among consumers about wellness & good health is driving the market for herbal products & in turn, the Global Butterfly Pea Flowers Market. Individuals are becoming increasingly invested in beverages & food items that aid in the improvement of physical functioning without harming their internal system or any side effects. The market has also been growing in response to the rising popularity of butterfly pea flower tea or blue tea. Further, in line with the emerging demand, tea companies are creating cutting-edge products to meet the mounting needs, eventually contributing to elevating the growth graph of the market.

Global Butterfly Pea Flowers Market Leading Key Players:

Curio Spice, Rishi Tea, Ohio Tea Company, Incas by Asiya Life, Lake Missoula Tea Company, Woodland Foods, My Blue Tea, Wild Hibiscus Flower Co, Yumchaa Arison Tea Company, Saathea, EverforEver Biotech, Others

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Global Butterfly Pea Flowers Market Segmentation:

Based on Type

- Whole Dried Flowers- Market Size & Forecast 2018-2028, (USD Million)

- Sterilized Powder- Market Size & Forecast 2018-2028, (USD Million)

- Extracts- Market Size & Forecast 2018-2028, (USD Million)

Based on Application

- Food- Market Size & Forecast 2018-2028, (USD Million)

- Beverages- Market Size & Forecast 2018-2028, (USD Million)

- Others (Medicines, Skincare, etc.)- Market Size & Forecast 2018-2028, (USD Million)

Based on Distribution Channel

- B2B - Market Size & Forecast 2018-2028, (USD Million)

- B2C- Market Size & Forecast 2018-2028, (USD Million)

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Global Butterfly Pea Flowers Market Geographical Analysis

By Region

- North America

- South America

- Europe

- The Middle East & Africa

- Asia-Pacific

Recent Development of Global Butterfly Pea Flowers Market:

March 2023: Rishi Tea announced to introduce a very new Blue Jasmine Tea, which is a blend of rare ingredients that are sourced from artisan growers to develop a sparkling violet color & concord grape-like flavour. This tea was available at the stores for consumption from April 2023.

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