LONDON, Nov. 08, 2022 (GLOBE NEWSWIRE) -- The comprehensive industry research on the “Botanical Extracts Market” published by Data Bridge Market research which includes growth analysis, regional marketing, challenges, opportunities, and drivers analyzed in the report. Key elements of this report range from industry outlook along with critical success factors, industry dynamics or market definition in terms of drivers and restraints, market segmentation and value chain analysis, key opportunities or developments, application, and technology outlook, regional or country-level analysis to the competitive landscape. What is more, the Botanical Extracts report provides the data and information for actionable, most recent, and real-time market insights which makes it straightforward to even take critical business decisions.
As a growing number of consumers seek safe and effective products, there has been a rapid shift from synthetic products to more natural and organic products in recent years. Botanical extracts contain a lot of antioxidants and flavonoids. They are widely used across the food and beverage and cosmetic industries.
Data Bridge Market Research analyses that the botanical extracts market which was valued at USD 6.10 billion in 2021 is expected to reach the value of USD 10.56 billion by 2029, at a CAGR of 7.10% during the forecast period of 2022-2029.
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Botanical extracts are herbal-product of various types. The herbal extract is created when a solvent reacts with plant material, dissolving some of its components. Once separated from the insoluble plant materials, the remaining solution is the extract, which can be left in liquid form or removed to produce a solid extract.
The Global Research Report Provides a Detailed Analysis of Market. Based on Competitive Intensity and How the Competition Will Take Shape in Coming Years.
The Global Botanical Extracts Market is witnessing a tremendous growth owing to the rapidly rising demands, a surge in industrialization, consumer awareness, emerging industries, and technological advancements. The industry has reported exponential revenue growth and sales volume. Factors driving the growth of the market are anticipated to boost the market size and boost the growth of the market throughout the forecast period.
The leading companies of the Botanical Extracts industry are engaging in various developmental activities such as product developments, extensive product research, innovations, and advancements in product processes to re-launch updated products in the market to gain substantial customer base and market size. The report consists of all the business strategies adopted by the companies along with their financial standing, revenue, gross margin, and growth rate.
Recent Development
- Doehler introduced natural herb and spice extracts and natural blossom flavours in Febraury 2019. This launch aimed to meet the rapidly increasing demand for botanical flavours in the food and beverage industries.
Some of the major players operating in the Botanical Extracts market are
- Ransom Naturals Ltd. (U.K.)
- International Flavors & Fragrances Inc. (U.S.)
- Synthite Industries Ltd. (India)
- Martin Bauer Group (Germany)
- Kalsec, Inc. (U.S.)
- Synergy Flavors Inc. (U.S.)
- Prinova Group (U.S.)
- PT. Indesso Aroma (Indonesia)
- Döhler GmbH (Germany)
- Bell Flavors & Fragrances (U.S.)
- Nutra Green Biotechnology Co., Ltd. (China)
- Kuber Impex Ltd. (India),
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The investment made in the study would provide you access to information such as:
- Global Botanical Extracts Market [Global – Broken-down into regions]
- Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
- Country-wise Market Size Split [of important countries with major market share]
- Market Share and Revenue/Sales by leading players
- Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, etc.
- Market Size
- Market Size by application/industry verticals
- Market Projections/Forecast
Opportunities for Key Players:
The growing global demand for organic products is expected to provide market participants with a lucrative opportunity in the coming years. Due to the high demand for botanical's functional properties, manufacturers in the global botanical market constantly introduce new and innovative products. They are also introducing ready-to-consume variants in order to broaden their product portfolio and boost overall sales. Furthermore, they are investing in innovative marketing strategies and celebrity endorsements, which are expected to boost market growth in the coming years.
Segmentation Covered: Botanical Extracts Market
By Form
- Powder
- Liquid
- Leaf extracts
By Type
- Spice Extracts
- Herb Extracts
- Flower Extracts
- Botanical Extracts
- Fruit Extracts
- Marine Plant Extracts
By Product type
- Organic
- Conventional
By Application
- Food & Beverages
- Pharmaceuticals
- Food Products
- Sports Nutrition
- Beverages
- Nutraceutical
- Personal Care & Cosmetics
- Aromatherapy
- Animal Feed
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Botanical Extracts Market Regional Analysis/Insights:
The countries covered in the botanical extracts market report U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America is expected to hold the largest share of the global botanical extracts market. The large share of this region is primarily attributed to rising consumer awareness of the benefits of consuming products containing natural plant-derived extracts, the abundance of aromatic medicinal plants, increasing competition for natural resources, which causes consumers to focus on healthier lifestyles, and government initiatives to promote technological advancements in this region.
Europe is expected to grow during forecast period of 2022 to 2029 because of the increasing demand for ready-to-drink beverages in this region.
Why Consider This Report?
- This botanical extracts report is compiled using a vigorous and thorough research methodology. Data Bridge Market Research is also known for its data accuracy and granular market reports.
- A complete picture of the competitive scenario of Botanical Extracts market is depicted by this report.
- The report consists of a vast amount of data about the recent product and technological developments in the markets.
- The extensive spectrum of analysis regarding the impact of these advancements on the future of market growth.
- The insights in the report are easy to understand and include a graphical representation of the numbers in the form of histograms, bar graphs, pie charts, etc.
- Components such as market drivers, restraints, challenges, and opportunities for Botanical Extracts market are explained in detail.
- It also provides a complete assessment of the expected behavior about the future market and changing market scenario.
- Making an informed business decision is a tough job; this report offers several strategic business methodologies to support you in making those decisions.
Table of Contents:
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Global Botanical Extracts Market: Regulations
- Market Overview
- Global Botanical Extracts Market, By Form
- Global Botanical Extracts Market, By Type
- Global Botanical Extracts Market, By Application
- Global Botanical Extracts Market, By Product type
- Global Botanical Extracts Market, By Region
- Global Botanical Extracts Market: Company Landscape
- SWOT Analyses
- Company Profile
- Questionnaires
- Related Reports
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