Sweet Flag Market By Product Type (Root, Extract), By Application (Pharmaceuticals, Cosmeceuticals, Aromatherapy, Households) By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

Sweet Flag Market Overview:

Sweet Flag is a vascular aquatic perpetual bare herb that grows most presumably to a height of 30–100cm. It comprises a bundle of basal leaves that ascend from a spreading rhizome. The leaves of this plant are erect yellowish-brown, with pink sheathing at their bases, blade-molded once in a while, tightening into a drawn-out, intense point, and have similar veins. These leaves have smooth edges, which might be wavy or pleated. Sweet Flag has a high dampness content (68.02%), debris (17.3%), and protein (15.62%). Scented leaves and rhizomes of Calamus are generally utilized as a medication. The dried and powdered rhizome has a fiery character and is used as a substitute for ginger, cinnamon, and nutmeg for its aroma. Its therapeutic properties can fix ulcers, arthritis, skin disorders, etc. Buyer mindfulness concerning wellbeing and the need for effective medication has fueled interest in using the Calamus root.

Detailed Segmentation:

The global sweet flag market is segmented based on – product type, application, and region. This detailed segmental description is represented below:

By Product Type

• Root
• Extract-

1. Oil
2. Powder

By Application

• Pharmaceuticals
• Cosmeceuticals
• Aromatherapy
• Households

By Region

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

Market Dynamics:

Drivers:

Nowadays, due to consumer awareness concerning herbal medicines, the natural cosmetic ingredients in the sweet flag root are in greater demand. The Calamus root has several health benefits, further complementing its subsequent request in the herbal industry. This industry is expected to benefit positively in the coming years due to a more significant number of supply chains and well-established distribution channels. The Calamus root has a candy and woody scent; it’s used to replace conventional spices with cinnamon, nutmeg, and ginger for fragrance applications. Owing to the numerous positives of this root, the adoption rates of its oil are anticipated to boost the economic trajectory of this industry over the forecast period.

Restraint:

Sweet Flag is an herb banned in the US by the FDA as researchers have repeatedly found that it has carcinogenic properties. This has proven to be a significant market growth restraint.

Opportunities:

Acorus Calamus contains a high concentration of phytonutrients calamusenone and camphene. It was previously used for industrial purposes as a surfactant and emulsifier. It is also needed in lipid transport and digestion, unsaturated fat digestion, lipid peroxidation and metabolism, and cell signaling. Due to its fragrant properties, the calamus root is utilized in shampoos, hair conditioners, and even lotions.  In European countries, Calamus root extract is also used in bathing soaps, toothpaste, and other care merchandise. Furthermore, as the calamus root is an excellent source of calamusenone and camphene, it is often used as an essential oil.

Competitive Landscape:

Key players of the global sweet flag market are:

• Florida Herbal Pharmacy
• Albert Vieille
• Berje Inc.
• Vixens SA
• Ernesto Ventos
• Fleurchem
• Ungerer & Company
• Penta Manufacturing Company
• Robertet Group
• Ultra International
• Treatt Plc
• Perfumers World
• Helien Pharma

For the Sweet Flag Market research study, the following years have been considered to estimate the market size: