Rosehip Market: Exploring Growth Drivers and Future Prospects

The global market size stands at US$ 261 million in 2024 and is projected to reach US$ 443.9 million by the end of 2033, expanding at a CAGR of 5.6% over the forecast period (2024 to 2033).

Worldwide demand for rosehips experienced moderate growth during the historical period (2019 to 2023) at a CAGR of 4% with sales amounting to US$ 233.1 million at the end of 2021. The market is expected to continue its steady growth trajectory due to the product’s versatility in several end-use industries, including food and cosmetics.