Butterfly Pea Flowers Market Size, Share, Trends, Opportunities, Key Drivers and Growth Prospectus
The global butterfly pea flowers market is poised for substantial growth from 2021 to 2029, with a positive outlook driven by increasing consumer interest in natural and plant-based products. The market sentiments are largely optimistic, with the growing awareness regarding the health benefits and versatility of butterfly pea flowers contributing to market expansion. However, the market did witness a slight slowdown due to the Covid-19 pandemic, leading to disruptions in the supply chain and distribution channels. The post Covid recovery phase has seen a resurgence in demand as consumers seek out functional ingredients with perceived health benefits. From 2021, with an estimated market value of 0.1 USD billion, to a projected value of 0.16 USD billion by 2029, the butterfly pea flowers market is expected to experience steady growth. Factors such as increased adoption of natural food colorants, rising demand for herbal teas and infusions, and the use of butterfly pea flowers in cosmeti