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Vegetable Extracts Industry Key Players, Trend, Analysis and Forecast to 2031

03-06-2024 08:30 AM CET | Food & Beverage

Press release from: Transparency Market Research

Vegetable Extracts Industry Key Players, Trend, Analysis

The global vegetable extracts market has witnessed substantial growth in recent years and is expected to continue this trend from 2021 to 2031. Vegetable extracts are derived from various vegetables and are used in a wide range of applications due to their nutritional benefits and health-promoting properties.

Market Size and Growth:

The vegetable extracts market is expected to grow at a CAGR of 6.7% during the forecast period 2021-2031. Factors such as the increasing consumer demand for natural and organic products, rising awareness about the health benefits of vegetable extracts, and the growing food and beverage industry are driving the market growth.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ญ (๐”๐ฌ๐ž ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ž ๐Œ๐š๐ข๐ฅ ๐ˆ๐ ๐Ÿ๐จ๐ซ ๐๐ฎ๐ข๐œ๐ค ๐‘๐ž๐ฌ๐ฉ๐จ๐ง๐ฌ๐ž) -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=84550&utm_source=OpenPR_Sudha&utm_campaign=OpenPR

Market Segmentation:

By Service Type: The market can be segmented into liquid extracts, powder extracts, and others.
By Sourcing Type: The market can be segmented into organic and conventional.
By Application: The market can be segmented into food and beverages, pharmaceuticals, cosmetics, and others.
By Industry Vertical: The market can be segmented into food and beverage, pharmaceutical, cosmetic, and others.
By Region: The market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Regional Analysis:

North America: The North America region is expected to dominate the vegetable extracts market during the forecast period, owing to the increasing consumer preference for natural and organic products.
Europe: The Europe region is also expected to witness significant growth in the vegetable extracts market, driven by the growing demand for plant-based ingredients in the food and beverage industry.
Asia Pacific: The Asia Pacific region is anticipated to register the highest growth rate in the vegetable extracts market, attributed to the rising health consciousness among consumers and the growing food and beverage industry in the region.

Market Drivers and Challenges:

Drivers: Increasing consumer awareness about the health benefits of vegetable extracts, growing demand for natural and organic products, and expanding food and beverage industry.
Challenges: High cost of vegetable extracts, stringent regulations regarding the use of food additives, and limited availability of raw materials.

Market Trends:

Growing demand for vegetable extracts in the cosmetics industry.
Increasing use of vegetable extracts in functional foods and beverages.
Rising popularity of vegetable extracts in nutraceuticals.

๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:https://www.transparencymarketresearch.com/checkout.php?rep_id=84550<ype=S&utm_source=OpenPR_Sudha&utm_campaign=OpenPR

Competitive Landscape:

The vegetable extracts market is highly competitive with the presence of several key players. Some of the major players in the market include Naturex, Kalsec Inc., Synergy Flavors, Dรถhler GmbH, and Martin Bauer Group, among others.

Future Outlook:

The vegetable extracts market is expected to witness significant growth in the coming years, driven by the increasing consumer preference for natural and organic products. Manufacturers are focusing on developing innovative vegetable extract products to cater to the growing demand from various industries.

Key Market Study Points:

Growing consumer preference for natural and organic products.
Increasing use of vegetable extracts in the food and beverage industry.
Rising demand for vegetable extracts in the cosmetics and pharmaceutical industries.

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก -

๐–๐š๐ฅ๐ง๐ฎ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ - https://www.prnewswire.com/news-releases/walnut-market-size-is-projected-to-reach-usd-11-1-billion-at-a-4-3-cagr-by-2031---transparency-market-research-inc-302032434.html

๐…๐ฎ๐ง๐œ๐ญ๐ข๐จ๐ง๐š๐ฅ ๐…๐ฅ๐จ๐ฎ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ - https://www.prnewswire.com/news-releases/functional-flour-market-worth-usd-147-3-billion-by-2031--at-7-6-cagr---report-by-transparency-market-research-inc-302024373.html

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ

Transparency Market Research Inc.
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