Bay leaf is a fragrant dried leaf of bay tree, fundamentally created in the Mediterranean region. Bay leaf finds its critical application as culinary zest for flavor in food course of action. Beside cooking, it furthermore enjoys restorative benefits and used to control glucose level, kidney stones, longing for energizer, and others. Bay leaf has high substance of lauric destructive, which is used to make unpleasant little animal repellant.
Bay leaves have been in presence for quite a long time. Bay leaf tea is produced using the new leaves of the Bay leaf (Rubia tinctorum). Bay leaf is sweet-smelling, fragrant, delightful, and therapeutic leaves of a typical sweet bay leaf tree broadly known as shrub leaf that is an evergreen bush, has a place with the lauraceae or group of plants which are known for having re-development capacities.
Bay leaf tracks down its significant application in food and refreshments industry for the flavoring of prepared and cooked food sources inferable from its extraordinary character and medical advantages. It is likewise utilized in refreshments to improve taste and healthy benefit. Developing interest for prepared food and drinks inferable from expanding populace and changing way of life is relied upon to push interest for bay leaf market during the estimated period. For example, as indicated by Institute for Plant and Food Research, New Zealand, worldwide food and refreshments industry was fixed at US$ 5.8 trillion of every 2016, and expected to arrive at US$ 20 trillion by 2030, with 5% yearly development.
Europe held the dominance in the consumption of bay leaf in the global market, owing to its multiple applications in food & beverages, pharmaceutical and personal care & cosmetics industries in the region. The region is also expected to witness high growth rate in the bay leaf market during the forecast period. For instance, according to Eurostat Database 2018, Germany imported 409 tons of bay leaves in 2015, which increased to 522 tons in 2017.
Key players operating in the global bay leaf market include Augustus Oils Ltd., Alpina Organic Company, Naturevibe Botanicals, Zizira, McCormick & Company Inc., Masterfoods Australia New Zealand Ltd., Aldera Co. Ltd., Hoby Agriculture and Forest Product Co. Ltd., Mountain Rose Inc. and Pacific Spice Company Inc.
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