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Food botanicals Market is driven by ever-increasing demand for healthy and organic food products

07-06-2023 08:06 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Global Insight Services

Food botanicals Market

Food botanicals Market

Food botanicals are plant-based ingredients that are used to add flavor, color, and texture to food. Common food botanicals include herbs, spices, and fruits. Botanicals can be used fresh, dried, or in the form of extracts. When used properly, they can add depth of flavor and complexity to dishes.

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Key Trends

There are several key trends in food botanicals technology. One is the use of botanicals to create natural flavors and colors. This is done by extracting the essential oils from plants and using them to flavor food. Another trend is the use of botanicals to create health-promoting foods. This is done by adding extracts from plants that are known to have medicinal properties to food.

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Key Drivers

The key drivers of the food botanicals market are the ever-increasing demand for healthy and organic food products, the growing popularity of functional foods, and the increasing awareness about the health benefits of natural ingredients.

The food botanicals market is also driven by the rising disposable incomes and the changing lifestyles of consumers, who are now more health-conscious and are willing to pay premium prices for healthy and nutritious food products.

Furthermore, the food botanicals market is also being driven by the increasing number of health food stores and supermarkets that are now offering a wide range of food botanicals products.

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Market Segments

The Food Botanicals Market is segmented by source, form, application and region. By source, the market is divided into plants, algae and fungi or lichens. Based on form, it is bifurcated into Dried Plants and leaves, oleoresins, essential oils, and others. On the basis of application, it is classified into beverages, confectionery, supplements, flavor enhancers, and others. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players

The Food Botanicals Market includes players such as Tyson Foods Inc., Marfrig Group., Arcadian Organic & Natural Meat Co., Kerry Group Plc., Verde Farms LLC, Pilgrim's Pride Corporation, Associated British Foods Plc., BRF S.A., Dabur India Ltd., and Ricola Ltd.

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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