Global Hornbeam Market 2020 (Includes Business Impact of COVID-19)

                                          
“Global Hornbeam Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by Trusted Business Insights. The global hornbeam market report has been segmented on the basis of source, application, end user, distribution channel, and region.

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Global Hornbeam Market: Overview

Hornbeam is known as hardwood, muscle wood, and ironwood, as they belong to Betulaceae family. The hornbeam tree is attractive, and grow to height of around 15-26 meters. The bark and leaves of hornbeam are mainly used for therapeutic purposes to cure and treat internal and external issues related to health. The hornbeam leaves have certain hemostatic beneficial properties, which help in faster healing of external and internal ulcerations and wounds.

Global Hornbeam Market: Dynamics

Growing demand for hornbeam across various applications in many end-use industries such as cosmetics and pharmaceutical industry, due to its ability to relieve physical tiredness and mental fatigue, is a major factor expected to drive growth of the global market to a significant extent. Additionally, owing to its medicinal properties and it helps in boosting energy levels and increasing vitality. Moreover, hornbeam flower essence is increasingly being used for treating stress, anxiety, depression, insomnia, and other disorders. Moreover, it has hemostatic properties which help in the quick healing of wounds, cuts, bruises, burns and other minor injuries.

However, stringent rule and regulations associated with quality and safety of the hornbeam could    restrain growth of the global market to a certain extent.

Global Hornbeam Market: Segment Analysis

Among the source segments, the organic segment is expected to account for major revenue share contribution to the global market. Increasing preference for organic-based products among health-conscious consumers.

Among the application segments, the antibiotic segment is projected to register significant growth rate, owing to its large application in pharmaceutical industries.

Among the end user segments, the pharmaceutical and healthcare industry segments are expected to account for major revenue share contribution in the global market.

Among distribution channel, the indirect segment is anticipated to register significant growth, owing to its easy availability of wide range products in medical store.

Global Hornbeam Market: Region Analysis

The market in Asia Pacific and Middle East & Africa are expected account for significant revenue share in the global hornbeam market. This is primarily due to presence of large number of pharmaceutical manufacturers, coupled with high consumption of plant-based products in the countries in the region. The North America and Europe markets are expected to register highest CAGR in the global market, owing to increasing number of pharmaceutical industries, and high purchasing power in the countries in this region.

Global Hornbeam Market Segmentation:

Segmentation by source:

Organic
Conventional

Segmentation by application:

Astringent
Antiseptic
Antibiotic
Anti-inflammatory

Segmentation by end user:

Households
Pharmaceutical industry
Healthcare industry
Carpentry industry

Segmentation by distribution channel:

Indirect
Direct