Natural Extracts Market Increasing Demand by Leading Players like ADM WILD Europe GmbH & Co.KG, Green Natural Extracts., Provital Group, NPE
Market Analysis: Global Natural Extracts MarketGlobal Natural Extracts Market By Application (Colorants, Functional Food, Nutraceuticals, Flavors and Fragrances, Preserving Agents, Edible/Non‐Edible Oils), End- User (Cosmetic, Pharmaceutical, Food Industries), Type (Teas, Blossoms, Spices, Herbs), Source (Plant Source, Tea Extracts), Techniques (Expression, Absorption, Maceration, Distillation), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
Global natural extracts market is set to witness a substantial CAGR in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Increasing awareness about the benefits of natural extracts and rising applications are the factor for the market.
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Few of the major competitors currently working in the global natural extracts market are Venkatesh Naturals, ADM WILD Europe GmbH & Co.KG, Green Natural Extracts., Provital Group, NPE, Pioneer Enterprise., Bhoomi Naturals., Asean Aromatics Pvt Ltd, Shreedha Phyto Extracts, Panacea Phytoextracts Pvt. Ltd., BIOVEDA NATURALS, Bio Botanica, Inc., STAR HI HERBS., Phyto Life Sciences P. Ltd., HDDES Group, HimPharm.com., Martin Bauer Group, Natural Extracts Industries Ltd, Xi'an Lanyor Biotech Co., Ltd. and others.
Market Definition:
Extracts are those substances which are usually obtained by elimination any part of the raw material. Natural extracts are those which are extracted by the natural sources such as plants, fruits and others. These natural extracts are widely used in application such as colorants, nutraceuticals, flavours, edible oils and others. They are very healthy for the body. Tea, blossom, spices and herbs are some of the common types of the natural extracts .These extract are used in industries such as food and beverages and cosmetic.
Market Drivers:
Increasing awareness about side effects of synthetic flavors will drive market growth
Health benefits offered by natural extracts will also drive market growth
Rising R&D activities will also drive the market growth
Increasing demand of organic food will also drive the market growth
Market Restraints:
Unavailability of raw material will restrain the market growth
Fluctuation in the price of raw material will also hinder the growth of this market
Segmentation: Global Natural Extracts Market
By Application
Colorants
Functional Food
Nutraceuticals
Flavors And Fragrances
Preserving Agents
Edible/Non‐Edible Oils
By End- User
Cosmetic
Pharmaceutical
Food Industries
By Type
Teas
Blossoms
Spices
Herbs
By Source
Plant Source
Tea Extracts
By Techniques
Expression
Absorption
Maceration
Distillation
By Geography
North America
Europe
Asia-Pacific
South America
Middle East and Africa
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Key Developments in the Market:
In March 2018, Givaudan announced that they are going to acquire 40.6% share of Naturex. The main aim of the acquisition is to expand their portfolio of plant extracts and natural ingredients and also to provide better natural products to their customers. This will also help them to meet the rising demand of the customer natural and organic products
In June 2017, Frutarom Industries Ltd. announced that they have acquired 20.92% share of Nutrafur S.A. The main aim of the acquisition is to expand their production and activity ability of natural plant extracts platform of Frutarom’s Specialty Fine Ingredients Division. This acquisition will improve their operational efficiency and will also help them to get advanced R&D capabilities
Competitive Analysis:
Global bitterness suppressors and flavor carriers market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of bitterness suppressors and flavor carriers market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Insights in the report:
Competitive analysis of key competitors involved in the market
Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
Market drivers and restraints analysis along with the analysis of the market structure
Table of Contents:
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports
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