Rosemary Extract Market is expected to reach USD 420 billion by 2021 | Key players are Kerry Group Plc., Takasago International Corporation, Archer Daniels Midland Company,Dohler GmbH Sensient Technologies Corporation

Rosemary Extract Market Size and Growth Rate:
According to the research report, the Rosemary Extract market size to maintain the average annual growth rate of 3.54% from 336 million $ in 2013 to 373 million $ in 2016, Research Cosmos analysts believe that in the next few years, Rosemary Extract market size will be further expanded, we expect that by 2021, The market size of the Rosemary Extract will reach 420 million $.

Rosemary Extract Market Overview:
Rosemary extract is used as a flavouring and natural food preservative that helps extend the shelf life of the food products, and it is competing with synthetic counterparts. It is known to have various health benefits, and thus is used in development of many pharmaceutical drugs. These extracts are powerful antioxidants that help in many chronic diseases such as Alzheimer, protect cells from carcinogens, increase potency of vitamin E, reduce hypertension and allergy symptoms, especially to dust mites, and other. Rosemary extract is also used in skin care and cosmetics as it possesses the property of astringency. It helps maintain the elasticity and lustre of the skin while reducing skin brittleness. It is also being renowned for its property to aid anxiety, nervous tension and other symptoms of depression.

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Rosemary Extract Market Growth Drivers and Restraints:
The availability of many easily available and cheaper artificial preservatives restrains the market growth. However, there is increasing awareness amongst consumers regarding the negative health impact of artificial additives, which has made consumers opt for products that are natural and clean labelled, which has boosted the rosemary extract market substantially. Continuous development and innovation to use rosemary extracts in different industrial applications provides many opportunities for market growth. Apart from use in food & beverages, pharmaceuticals, household, cosmetics, and others, it is also become established for its therapeutic and health wonders that the benefits of rosemary extract have given. All these benefits and its research and application in many fields is expected to boost the market in coming years.

Rosemary Extract Market Regional Analysis:
Geographically, the market is spread across North America, Europe, Asia-Pacificand LAMEA.North America and Asia Pacific are estimated to emerge as the most lucrative markets because of the easy trade flows and investment opportunities in these regions. Other Mediterranean countries, including Turkey, Spain, and Morocco are rapidly growing and are expected to become commercial production hubs for Rosemary extracts in the global market.

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Rosemary Extract Market Key Players:
The key players in the rosemary extract market are Givaudan SA, Kerry Group Plc., Takasago International Corporation, Archer Daniels Midland Company,Dohler GmbH Sensient Technologies Corporation, Ajinomoto Co., Symrise AG, Firmenich S A, Naturex SA, Kalsec Inc., Olam International, Foodchem International Corporation, McCormick and Company, etc.

Rosemary Extract Market Segmentation:
By Product Type
• Rosemarinic acid Product Introduction
• Carnosic acid Product Introduction
• Essential oil Product Introduction
• Other Product Introduction

By Industry
• Food industry Clients
• Household chemicals Clients
• Pharmaceutical industry Clients
• Other industry Clients

By Production Analysis
• Raw Material Cost Analysis
• Technology Cost Analysis
• Labor Cost Analysis
• Cost Overview

By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

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