The Growing Demand For Bay Leaf In The Processed Food & Beverages Industry To Boost Bay Leaf Market Growth

Bay leaf is an aromatic leaf which people use mostly while cooking. It can be used in a whole form or else in a dries form. Bay leaf can be extracted from various plants such as bay laurel. Fresh or the dried bay leaves are utilized in cooking for the unique aroma and fragrance. The bay leaf is just added for taste and it is taken out from the food which has been cooked before it is served. These leaves are widely utilized to as flavoring agents in soup, stew, breweries and in other dishes across several regions of the world.

Major players involved in the global bay leaf market are Naturevibe Botanicals, Aldera Co. Ltd., Augustus Oils Ltd., Masterfoods Australia New Zealand Ltd., Hoby Agriculture and Forest Product Co. Ltd., Alpina Organic Company, Mountain Rose Inc., Zizira, McCormick & Company Inc., and Pacific Spice Company Inc.

The growing demand for bay leaf in the processed food & beverages industry is expected to propel the growth of global bay leaf market. For instance, as per IBEF, the food and beverage industry was valued at US$ 281.14 billion in 2021. The increasing need of bay leaf in the cosmetic industry has anticipated to propel the growth of global bay leaf market. For instance, as per the recent statistics, the cosmetic industry is expected to be valued at US$ 758.4 billion by 2025.

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