Plant Extract Market: Beating Growth Expectations |Givaudan, Sensient Technologies Corporation, Symrise, Kangcare, PT. INDESSO AROMA, others

Plant Extract Market: Inclusive Insight

Global plant extract market is expected to register a healthy CAGR of 11.0% in the forecast period of 2019-2026. Rising growth in R&D activities in plant extracts market is the major factor for the growth of the market.

The Plant Extract Market report provides estimations about the growth rate and the market value based on market dynamics and growth inducing factors. While preparing this Global Plant Extract market analysis report, few of the attributes that have been adopted include highest level of spirit, practical solutions, committed research and analysis, innovation, integrated approaches, and most up-to-date technology.

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The well-established Key players in the market are: Givaudan, Sensient Technologies Corporation, Symrise, Kangcare, PT. INDESSO AROMA, PT. Haldin Pacific Semesta., VidyaHerbs, Tokiwa Phytochemical Co. Ltd., NATIVE EXTRACTS Pty Ltd., Shaanxi Jiahe Phytochem Co., Ltd., Synthite Industries Ltd., Döhler, International Flavors & Fragrances, Inc., Martin Bauer Group, Arjuna Natural Pvt Ltd,  Organic Herb Inc., Plant Extracts International Inc., Network Nutrition, FT Technologies, Lehmann&Voss&Co., Ingredia Nutritional, TimTec LLC, others

What ideas and concepts are covered in the report?

- The assessments accounted by all the zones and the market share registered by each region is mentioned in the report.

- The study sums up the product consumption growth rate in the applicable regions along with their consumption market share.

- Data regarding the Plant Extract Industry market consumption rate of all the provinces, based on applicable regions and the product types is inculcated in the report.

Region-based analysis of the Plant Extract Industry market:

- The Plant Extract Industry market, with regards to provincial scope is segmented into USA, Europe, Japan, China, India, and South East Asia. The report also includes information regarding the products use throughout the topographies.

Market Definition: Global Plant Extract Market

The plant extracts are isolation of natural products from the plants. Plant extraction is separation of liquid or solid from plants by using extraction method. These plant extracts are used for various applications which include food industry, pharmaceuticals and cosmetic industry among others.

China had become world's most significant source for plant extracts. As per Chinese customs statistics in 2010, China's plant extracts of exports had amounted to $815 million, accounting for 41.9% of China's total export of Chinese medicine, the extract of Chinese products had become the huge fueling factor in raising the China's export rate. Presently, there are around more than 2000 enterprises focusing in trade business and plant extraction with thousands of products being exported to foreign countries per year.

Plant Extract Market Trends | Industry Segment by Type (Phytomedicines & Herbal Extracts, Essential Oils, Spices, Flavors & Fragrances), Forms (Powder, Liquid, Others), Source (Leaves, Fruits, Flowers and Bulbs, Rhizomes & Roots, Barks & Stems, Others), Application (Pharmaceuticals & Dietary Supplements, Food & Beverages, Cosmetics, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026

Market Drivers

Rising awareness about side-effects of synthetic flavors is driving the market growth
Growing popularity of convenience foods may propel the growth of the market
Growing health benefits offered by phytomedicines and herbal extracts will boost the market in the forecast period
Increasing demand for dietary food supplements is a driver for the market growth

Market Restraints

Fluctuation of price will restrain the market growth
Insufficient supply of raw materials is hampering the growth of the market

Key Developments in the Market:

In August 2019, Symrise had opened a new laboratory for cosmetic ingredients in Germany. This will help the company in development and testing of new cosmetic formulations. This expansion will assist the company to expand the micro protection category's capabilities within the cosmetic ingredients division

In January 2019, Givaudan had opened technical and commercial centre in Casablanca, Morocco which consist of lab with novel technologies. This will help the company to expand its business in North America

Competitive Analysis:

Global plant extract 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 plant extract market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Some of the Major Highlights of TOC covers:

Plant Extract Industry Regional Market Analysis

- Plant Extract Industry Production by Regions

- Global Plant Extract Industry Production by Regions

- Global Plant Extract Industry Revenue by Regions

- Plant Extract Industry Consumption by Regions

Plant Extract Industry Segment Market Analysis (by Type)

- Global Plant Extract Industry Production by Type

- Global Plant Extract Industry Revenue by Type

- Plant Extract Industry Price by Type

Plant Extract Industry Segment Market Analysis (by Application)

- Global Plant Extract Industry Consumption by Application

- Global Plant Extract Industry Consumption Market Share by Application (2014-2019)

Plant Extract Industry Major Manufacturers Analysis

- Plant Extract Industry Production Sites and Area Served

- Product Introduction, Application and Specification

- Plant Extract Industry Production, Revenue, Ex-factory Price and Gross Margin (2014-2019)

- Main Business and Markets Served

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At the Last, Plant Extract industry report focuses on data sources, viz. primary and secondary sources, market breakdown and data triangulation, market size estimation, research programs, and design, research approach and methodology, and the publisher's disclaimer.

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