Plant Extracts Market Size, Competitive Landscape and Market Forecast - 2030

Market Overview:
Extracts Market is predicted to reach a high CAGR of 17.4% during the forecast period (2023-2030).
Plant extraction is a process of extracting active compounds from the tissues of the plant. Plant extracts are used in skin medicines, anti-irritants, wetting, anti-inflammatory, sterilizers, anti-infectives, skin protection, and many others. The main parts of the plant which are used in the extraction process are Leaves, Roots, bark, and Steams which provide nutritional and medical benefits.

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Market Dynamics:
1. The major factors driving the market of Global Plant Extracts are the growing health concerns among people and increasing demand for Plant Extracts in various sectors like the food industry, Pharmaceuticals, etc.
2. Increasing Consumer Awareness about the Advantages of Plant-based Nutrients is driving the market growth
3. The increasing demand for plant extracts from the pharmaceutical and food industries is driving the market growth
4. The rising demand for plant-based ingredients and flavors in various sectors such as food and beverage, pharmaceuticals, cosmetics, and others due to the health benefits are driving the market growth of plant extracts.

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Segment Analysis:
• By Type
o Phytochemicals
 Carotenoids
• Lutein
• Lycopene
• Beta-carotene
• Others
 Polyphenols
• Flavonoids
• Lignans
• Curcuminoids
• Hydrobenzoic Acids
• Others
 Thiols
• Glucosinolates
• Indoles
• Others
 Others
o Spices
o Essential Oils
o Others
• By Form
o Powder
o Liquid
o Others
• By Application
o Food & Beverages
o Dietary Supplements
o Pharmaceuticals
o Personal Care
o Animal Nutrition
o Others

Company Profiles:
1. Symrise AG
2. Sensient Technologies
3. INB Hauser Pharmaceutical Services, Inc.
4. NATIVE EXTRACTS Pty Ltd
5. Martin Bauer GmbH & Co. KG
6. International Flavors & Fragrances, Inc.
7. Koninklijke DSM N.V.
8. Döhler
9. Givaudan
10. Shaanxi JiahePhytochem Co., Ltd.

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