Herb Grinder Market Forecast and CAGR
According to the latest study by Fact.MR, grinder sales is set to register sizeable growth during 2021-2031 with a CAGR around 3.1%. Sales growth of these grinders is primarily on the back of rising demand for Chinese and Ayurvedic medicines across the globe. Low to no side effects of these medicines derived from herbs is the prime cause driving the demand for these grinders.
Adding to it, the time saving ability of grinders with benefit of proper herb crushing and no loss of parent product and offered by prominent manufacturers, are the reasons for thrust in its demand.
What is Driving Demand for Herb Grinder?
Consuming herbs have numerous advantages including balancing of blood sugar levels, improvement in brain function and increased memory power, relieving IBS pain, reduction in nausea, anti-inflammatory effects, immunity boosting, and reduction in appetite.
In addition, it also benefits in anti-cancer properties, improvement of nasal congestion, heart health and much more. Therefore, demand of grinders is directly proportional to growing consumption of herbs, which is driving the demand.
Consuming herbs without proper grinding is inefficient because consuming herbs in raw form caused the issues of indigestion and at times becomes ineffective for the cause of product consumption.
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Medical Importance of Herbs is Prime Reason for Upsurge in Herb Grinder Demand.
Each one of the herb being rich in phyto-chemicals, has nutritional as well as medicinal values associated with it. Therefore, to chop or grind these herbs for uplifting their nutritious value, herb grinders will remain in demand over long-run forecast period.
In addition to it, herbs have become a business idea for being sold as supplements with proper doctor’s recommendation. Therefore, rising potential for phytochemical based supplements has provided an impetus to the sales of grinders across the region.
Holy Basil is one of the most demanded herb for its ability to improve and boost immunity in today’s COVID-19 pandemic. Moreover, cinnamon as anti-diabetic, turmeric as anti-inflammatory and ginger with nausea treating ability proves that herb grinders become an integral part of treating minor ailments.
Furthermore, manual operation of grinding herbs reduce the overall productivity and surges the prices of the product which then affects the feasibility of the herb sales. Therefore, with the launch of grinders with varied sensitivity features, manual labor has been replaced by automation with enhanced productivity.
China Herb Grinder Market Outlook
China offers large pool of grinders ranging from simple graters used by rubbing the herb, roots and buds against the metallic serrated grater mesh being the inexpensive option available, to completely electrically operated herb grinder for medicine suppliers.
In addition, the variety of grinders available being suitable to work in all types of environmental conditions, with different range of size and costs acts as a boon for maintaining moderate to low budget constraints of a stakeholder.
Furthermore, looking at China’s herb and medicine business spaces like known Xian Chinese Medicine Market, Chengdu Chinese Herbal Market and Bozhou Herbal Market, impact in upsurge for herbs had a positive effect on demand of herb grinders in china.
Considering the above facts, by manufacturing and export, China is one of the leading and prominent business destination for grinder manufacturers and consumers with addition to it’s position in top 5 most herb producing countries around the globe.
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North America Demand Outlook for Herb Grinder
US being producer and trader of medical-grade, anodized aluminum herb grinder which is ultrasonically cleaned, named as Santa Cruz Shredder, is one of the prominent herb grinder traded in US and finds itself across the shelves of key herb suppliers in the country.
Moreover, US is considered as flagbearer in terms of product sales not only in Americas but across the globe. Sales dominance of grinders is primarily due to the rise in demand for the cannabis in the country providing a boomerang effect to extensive need for specialized grinding of the cannabis leaves.
Who are the Key Manufacturers and Suppliers of Herb Grinder?
Some of the leading manufacturers and suppliers of grinders include
- Golden Gate Grinders
- Mendo Mulcher
- Higher Standards
- Zam Grinders
- Papers & Ink
- Santa Cruz Shredder
Globally, grinder for herbs business is competitive in nature. Leading manufacturers have focused on creating awareness of herbs’s importance for human health which will automatically increase demand of herb grinders.Such initiatives adopted by manufacturers opens the avenues for new entrants in the market.
An Adaptive Approach to Modern-day Research Needs
Herb Grinder Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
By Blade Material
- Stainless Steel
By Machine Type
By End User
By no. of chambers
- 2 piece
- 3 piece
- 4 piece
- 5 piece
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Argentina & Rest of Latin America
- Germany, France, Italy, Spain, U.K., Benelux, Russia, and Rest of Europe
- East Asia
- China, Japan, South Korea
- South Asia
- India, Thailand, Malaysia, Indonesia and Rest of South Asia
- Australia and New Zealand
- Middle East and Africa
- GCC Countries, Turkey, South Africa, and Rest of Middle East & Africa
- North America
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
NOTE: Although care has been taken to maintain the highest levels of accuracy in reports, recent market/vendor-specific changes may time to reflect in the analysis.
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Is the market research conducted by Fact.MR?
Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
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Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.
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