Butterfly pea flowers market is Expected to Grow at a CAGR of 5.5% From 2020 to 2027 to Reach USD 102.4 Million by 2027.
The growth of the butterfly pea flower market is mainly attributed to its growing use as natural food colors, increasing demand for healthy tea alternatives, and a wide range of butterfly pea flower benefits, indicating the strong growth potential of the global butterfly pea flowers market. Increased research for new raw material sources provides significant opportunities for manufacturers in the global butterfly pea flowers market. However, dynamic government regulations are expected to restrain the future growth of this market marginally.
Here are the top 10 companies operating in Butterfly Pea Flowers Market-
Tsujiko Co. Ltd.
Founded in 1963 and headquartered in Koka-shi, Shiga, Japan, Tsujiko is engaged in developing, manufacturing, and selling lighting equipment and food raw materials. The company`s main business segment includes lighting equipment design/production, mechatronics design/production, plant factory system, LED development for plant growth/production, food raw material development/production, and personal dispatch.
Tsujiko focuses on developing a butterfly pea flower-based blue coloring pigment for chocolate, candy, tea, and sake. The company offers butterfly pea flower products through its subsidiary, Nihon Advanced Agri Co., Ltd, which manufactures and sells plant factory systems and health foods. The company’s butterfly pea flowers for vegan color (blue color) production are produced with no GMO, no chemical, and no pesticide use.
Siam Industries International
Founded in 2010 and headquartered in Cha Am Petchaburi, Thailand, Siam Industries provides natural herbal products. It offers green living herbal health and skincare compounds for food and beverages, healthcare, and nutraceutical industries. Siam Natural brand of Pueraria Mirifica is certified by the Thai FDA as a natural herbal health supplement, which doctors, clinics, facialists, and medical practitioners use for antiaging, breast firming, conditioning, wrinkle removal, hormone balancing, and skin & hair restoration. The company offers Blue Proanthocyanidin, a pure butterfly pea flower product through its Siam Natural brand in capsule and powder form.
Siam Industries International has a primary presence in Asia, the European Union, and North America.
Siam Hibiscus Limited
Founded in 2012 and headquartered in Ploenchit, Thailand, Siam Hibiscus is engaged in growing and processing the highest quality fruit and flowers for food production. The company’s product portfolio includes hibiscus sabdariffa, coconut water, cold-pressed virgin coconut oil and young coconut water, and butterfly pea flowers. The company has refrigerated and frozen warehouses to store the bulk products and extensive cold chain logistics experience. The company was also involved in exporting fresh frozen (IQF) A grade flowers, frozen chopped and puree flowers, and whole or crushed dried flowers.
Siam Hibiscus Limited has a primary presence in Southeast Asia.
Arisun ChemPharm Co., Ltd.
Founded in 2015 and headquartered in Rongcheng Yungu, Yanta District, China, Arisun ChemPharm is engaged in producing and distributing pharmaceutical intermediates, high-end chemicals, and high purity herb ingredients. The company mainly operates through its five business segments: Matcha Powder, Plant Pigments, Fruit and Vegetable Powder, Plant Extracts, and Skin Care Ingredients.
The company offers natural plant extract, natural food raw material powder and, cosmetic raw powder. The company’s product range consists of plant extract powder, NMN powder, glutathione powder, alpha arbutin powder, coenzyme Q10 powder, 5 ALA, aloe vera extract, phycocyanin powder, kudzu root extract, pygeum africanum extract, dihydromyricetin powder, natural food coloring powder, and butterfly pea powder, among others. The company offers several natural food coloring powders including, phycocyanin, butterfly pea powder, bamboo charcoal powder, and beetroot powder through its Plant Pigments segment.
Arisun ChemPharm Co., Ltd has a primary presence in Asia, North America, and Europe.
Founded in 2012 and headquartered in Hua Ting, Kaiyuan District, China, EverforEver BioTech is engaged in producing natural active ingredients and health supplements. The company operates through six business segments: Aloe Vera Extracts, Dihydromyricetin (DHM), Green Tea Extract, Monomer Ingredients, Standardized Extracts, and Special Products. The company’s product line includes saw palmetto extract, Tribulus Terrestris extract, luteolin, resveratrol 10%, food-grade silicon dioxide, ashitaba extract, and aloe vera extract. EverforEver offers konjac glucomannan, natural astaxanthin, butterfly pea flower powder, ashitaba extract, and food-grade silicon dioxide through its Special Products segment. The company uses Supercritical Extraction Technology to produce a higher grade of herbal extracts with a full spectrum of phytonutrients.
EverforEver BioTech has a primary presence in Asia.
A report into the projected growth of the current Butterfly Pea Flowers Market by Meticulous Research® has produced some incredible forecasts for the industry. By 2027, it’s expected to have grown at a CAGR of 5.5%, reaching over $102.4 million.
Shaanxi Hongda Phytochemistry Co., Ltd
Founded in 2001 and headquartered in Xi’an City, China, Shaanxi Hongda is engaged in the research, processing, production, sales, import, and export of plant chemical raw materials, feed raw materials, and healthcare products, feed additives, solid beverages, substitute tea, and healthcare products. The company operates through seven business segments: Organic Plant Powder, Health-care And Pharma, Food & Beverage Supplements, Cosmetic Ingredients, Animal Feed Ingredient, Natural pesticides, and Customized Formulation. The company offers dried butterfly pea flower powder products through its Food & Beverage Supplements segment. In October 2020, the company received the BRC Food certificate, enabling it to supply its products to high international food producers.
Shaanxi Hongda Phytochemistry Co., Ltd has a primary presence in more than 40 countries and regions globally, including Japan, the United States, and France.
Specialty Natural Products Co. Ltd.
Founded in 1999 and headquartered in Chon Buri, Thailand, Specialty Natural is engaged in manufacturing standardized Thai botanical extract. The company also offers nutraceuticals, functional food, beverage, cosmetic, and body care ingredients. The company’s product portfolio includes herbal extract food supplements, herbal extract cosmetics, cosmetics chemicals, SNP oils, complex and other products. Specialty Natural also provides herbal extract products for the pharmaceutical, dietary supplement, nutraceutical, functional food, and cosmetic industries.
The company has a geographic presence across North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Founded in 1990 and headquartered in Illinois, U.S., Woodland Foods is engaged in providing organics, vegan and gluten-free products. The company operates through three business segments: Food Service, Consumer, and Industrial.
Through the D’Allesandro Gourmet Ingredients brand, the company offers on-trend, organic, kosher, and allergen-free ingredients; and through the Woodland Ingredients brand, the company offers organic, kosher, on-trend, and allergen-free ingredients, both organic and conventionally grown. Woodland Foods provides more than 1,600 products worldwide. The company also offers custom processing solutions to meet specifications. Woodland Foods provides butterfly pea flowers and butterfly pea flowers powder under the D’Allesandro Gourmet Ingredients brand.
The company has its geographic presence in more than 60 countries across North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa
My Blue Tea
Headquartered in New South Wales, Australia, My Blue Tea is engaged in providing plant-based superfoods products. The company’s products are derived from plants like butterfly pea flowers, torch ginger, roselle, durian, kaffir lime, pandan, and purple sweet potato. The company’s product portfolio includes tea leaves, latte blend, superfood powder, superfood extracts, and recipes.
My Blue Tea has a primary presence in Australia and ships products across the globe.
Wild Hibiscus Flower Co.
Founded in 1999 and headquartered in McGraths Hill, New South Wales, Australia. Wild Hibiscus Flower provides natural, Kosher, and gluten-free hibiscus and floral products. The company’s product portfolio includes wild hibiscus flowers in syrup, b’Lure & flower extracts, lotus root slices, wild hibiscus flower salt, heart-tee flower teas, flower matcha powder, and dried flowers butterfly pea & hibiscus. The company offers organically grown bulk dried whole butterfly pea flowers.
The company has its presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
Popular Mentions: Paraman Food Works, and Yumchaa
Authoritative Research on the Butterfly Pea Flowers Market – Global Opportunity Analysis and Industry Forecast (2020-2027)
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