BAY LEAF MARKET ANALYSIS

Bay Leaf Market, by Form (Whole Leaf, Powder, and Oil), by Type (California Bay Leaf, Mexican Bay Leaf, Indonesian Laurel, Indian Bay Leaf, Bay Laurel, Indonesian Bay Leaf, and West Indian Bay Leaf), by Application (Food & Beverages, Pharmaceutical, Cosmetics & Personal Care, and Nutraceutical), by Distribution Channel (Hypermarket, Supermarket, Online, Convenience Stores, and Others), and by Region (North America, South America, Europe, Asia Pacific, and Middle East & Africa) – Size, Share, Outlook, and Opportunity Analysis, 2022-2028

Key Developments:-

In June 2018, Naturevibe Botanicals entered in Indian market with launch of herbal powders. The company will eventually launch 30-40 products which will include spices and herbal tea. The company also plans to expand its presence in Australia and Europe.
In June 2019, Feragaia launched its non-alcoholic spirit in U.K. market. The spirit contains 14 botanicals including bay leaf, seaweed, and chamomile and is hand-blended.
In 2016, bay leaf became the first medicinal plant from state of Uttarakhand, India which got registered at geographical indicator registry office (Chennai, India). The bay leaf of Uttarakhand is known as sweet Tej Patta and is used for making ayurvedic formulations. The geographical indicator registration will help in increasing demand for bay leaf.