Increasing demand for herbal based products in personal care industry is likely to uplift the demand for global Herbal Toothpaste Product Market over the review period. Market Research Future, a firm which specializes in market reports related to the Foods, Beverages & Nutrition sector among others, recently forecasted in its report “Global Herbal Toothpaste Product Market Research Report- Forecast to 2023” that the market will demonstrate an exceptional CAGR % while achieving million-dollar growth readily in the forecast period.
Growing demand for herbal ingredients in personal care products such as oral care products including toothpaste for improving oral health is likely to increase the global Herbal Toothpaste Product Market over the review period. Herbal toothpaste comprises of ingredients such as neem, mint, basil, spice extract, and many more which help users in providing ideal protection against dental issues like pyorrhoea, gum bleeding, cavity and sensitivity. Increasing health-conscious population and inclination of consumers towards herbal ingredients in personal care products is boosting the growth of Herbal Toothpaste Product Market. Moreover, continuous increase in oral health issues among the growing population has opened doors for Herbal Toothpaste Product Market owing to its oral health benefits.
The major key players in the industry are focusing on R&D, to bring up new products in the market. Also major companies are undergoing clinical trials for herbal ingredients in personal care products. This initiative will help companies to provide clinically tested and safe products to consumers which will ultimately uplift the global Herbal Toothpaste Product Market. Large number of competitors and intensified competition among them is giving a tough competition in the global Herbal Toothpaste Product Market.
The key players profiled in herbal toothpaste are Colgate-Palmolive Company (U.S.), Procter & Gamble (U.S.), Unilever (U.K), GSK group of companies (U.K), The Himalaya drug company (India), Henkel AG & Co. KGaA (Germany), Dabur India Ltd. (India)
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The global herbal toothpaste industry has been divided into ingredients type, end-user, distribution channel, and region.
On the Basis of Ingredients Type: Neem, Mint, Basil, Spice Extract, and Others
On the Basis of End-user: Adults and Kids
On the Basis of Distribution Channel: Store-based and Non-store based
On the Basis of Region: North America, Europe, Asia Pacific, and ROW
The global Herbal Toothpaste Product Market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). Global herbal extract market is highly dominated by Asia Pacific region. Asia Pacific region is projected to grow tremendously during the forecast period. Moreover, the presence of various developing economies such as India, China and ASEAN countries are providing extra demand of the herbal product. Mounting growth of personal care industry in India and china are also anticipated to be one of the significant drivers in Asia Pacific region.
Furthermore, the awareness regarding health benefits of herbal products is also projected to stimulate the growth of Asia Pacific market during the forecast period. North America is also anticipated to witness decent growth over the forecast period due to the early adopter of new products and technology.
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