| Product Code: ETC380965 | Publication Date: Aug 2022 | Updated Date: Mar 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Thailand import trend for chrysanthemum extract in 2024 experienced a decline of -67.61% compared to 2023, with a compound annual growth rate (CAGR) of -30.92% from 2020 to 2024. This significant downturn in imports could be attributed to shifting consumer preferences or changes in market dynamics impacting demand for chrysanthemum extract in Thailand.

The Thailand chrysanthemum extract market focuses on the production and distribution of extracts derived from chrysanthemum flowers. Chrysanthemum is highly regarded for its therapeutic properties in traditional Thai medicine and is used in various forms, including teas, supplements, and topical applications. The market caters to health-conscious consumers seeking natural remedies and wellness products. Chrysanthemum extract is often associated with stress relief, anti-inflammatory benefits, and skincare applications. The market may see growth driven by the increasing interest in herbal and natural remedies.
The chrysanthemum extract market in Thailand is experiencing significant growth, primarily due to its numerous health benefits. Chrysanthemum extract is widely used in traditional Thai medicine for its therapeutic properties, such as promoting relaxation, reducing stress, and alleviating various ailments. The growing awareness of these benefits, coupled with a rising interest in natural and herbal remedies, has driven the demand for chrysanthemum extract. Moreover, the cosmetics and skincare industry has incorporated chrysanthemum extract into their products due to its antioxidant and anti-inflammatory properties, further fueling market growth. Additionally, the export of chrysanthemum extract to international markets has expanded, contributing to the overall development of this industry.
The Thailand chrysanthemum extract market faces several challenges, including sustainability and quality control. Sourcing and cultivating chrysanthemum flowers sustainably while ensuring a consistent quality of extract is a persistent challenge. Market volatility due to factors like weather conditions and changing consumer preferences can impact the availability and pricing of chrysanthemum flowers. Furthermore, maintaining strict quality standards and meeting regulatory requirements for herbal extracts is essential but can be resource-intensive.
The Thailand chrysanthemum extract market experienced mixed consequences due to the pandemic. On one hand, the increased focus on health and wellness during the crisis led to a surge in demand for herbal products like chrysanthemum extract, which is known for its potential health benefits. This trend was bolstered by consumers seeking immunity-boosting products. However, the supply chain disruptions and labor shortages impacted production and distribution, leading to occasional shortages. Companies had to adapt by ramping up online sales and distribution channels to meet consumer demands and ensure product availability.
In the Thailand chrysanthemum extract market, notable players like Thai Herbal Products Co., Ltd. and Herb & Health Co., Ltd. are renowned for their production and distribution of chrysanthemum extract products with various health and wellness benefits.
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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