North America Bay Leaf Market

North America Bay Leaf Market– Market size Growth, Development, Growth
and Demand Forecast till 2021
North America Bay Leaf Market was worth USD xx billion in 2016 and estimated to be
growing at a CAGR of xx%, to reach USD xx billion by 2021. Bay Leaf refers to leaves which
are aromatic in nature used for the purpose of cooking. If they are eaten, they have a sharp,
bitter taste and pungent. Like the other flavourings and spices, they are characterized by
more smell than taste. Myrcene which is used in perfumery is extracted from bay leaf.
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There are several varieties of bay leaf which are available such as California bay leaf, Indian
bay leaf, Indonesian bay leaf, bay laurel and west Indian bay leaf among others. Bay laurel is
used for the purpose of cooking since they impart distinct flavour and fragrance. Other
mentioned varieties like Indian bay leaf and California bay leaf are also used for the sake of
cooking. West Indian bay leaf is used for the purpose of preparing fragrances. Bay leaves are
also used for other purposes such as killing insects among others.
The driving factors of North America Bay Leaf market are rising popularity in regions such
as Mediterranean, emerging application in cosmetics, usage of leaves in pharmaceuticals
and nutraceuticals and various health benefits offered by the leaves such as efficient
digestion and nutritional uptake, alleviate respiratory conditions and reducing inflammation
in sore joints among others. However, the market is constrained by factors such as the
possibility of lauraceae family being toxic in nature.
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The North America Bay Leaf market is segmented based on application into food and
beverage, pharmaceuticals, cosmetics, nutraceuticals, personal care and others. On the basis
of form, the market is divided into whole leaf as grounded powder and oils. By distribution
channels, the market is segmented into manufacturers, distributors, super stockiest,
convenience stores and supermarkets.
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The North America Bay Leaf market is divided based on geography into United States,
Canada and Mexico. North America has the largest market for bay leaf in the world by share.
In the North America region, United States has the largest market share. Factors such as
various health benefits offered and rising application in food and cosmetics is expected to
drive the growth of this market in the region.
Some of the major players in the market are McCormick & Company, Inc, Frontier Natural
Products Co-op, Anatoli Spices, Mars, Incorporated, Pacific Spice Company, Inc., Zizira, Tea
Haven, Just a Little Spice, and others.
Scope of the Report:
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
Segment-level analysis in terms of technology, component, and type 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 Regional
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 decisionmaking 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
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North America Bay Leaf Market By Application (Food And Beverage, Pharmaceuticals, Cosmetics, Nutraceuticals, Personal Care And Others)