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Botanical Extracts Market is Driven by Increasing Demand for Natural Ingredients in the Food & Beverage and Cosmetics & Personal Care Industries
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Key Trends
Botanical Extracts technology is trending towards more natural and plant-based ingredients. This is in response to consumer demand for products that are perceived as being more natural and healthier.
Additionally, there is a trend towards using botanical extracts as functional ingredients, rather than just for flavor or fragrance. This is because many botanical extracts have been shown to have health benefits, such as being anti-inflammatory or antioxidant.
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Key Drivers
The key drivers of the botanical extracts market are the increasing demand for natural ingredients in the food & beverage and cosmetics & personal care industries, and the growing awareness of the health benefits of botanical extracts.
The demand for botanical extracts in the food & beverage industry is driven by the increasing demand for natural and healthy ingredients, and the growing trend of fortifying food & beverage products with vitamins, minerals, and other nutrients.
The demand for botanical extracts in the cosmetics & personal care industry is driven by the increasing awareness of the health benefits of natural ingredients, and the growing trend of using botanical extracts as active ingredients in skincare, hair care, and makeup products.
The demand for botanical extracts in the health & wellness industry is driven by the growing awareness of the health benefits of botanical extracts and the growing trend of using botanical extracts as dietary supplements and functional foods.
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Key Players
The global botanical extracts market includes players such as Ransom Naturals Limited, International Flavors and Fragrances Inc., Synthite Industries Limited, Martin Bauer Group, Prinova Group LLC, Synergy Flavors Inc., Kalsec Inc., Frutarom Ltd., Haldin Natural, Döhler GmbH, and others.
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