Press release
Botanical Extracts Market to reach the value of USD 10.56 billion by 2029, at a CAGR of 7.10%, by Application (Food Products, Sports Nutrition, Beverages, Pharmaceutical, Nutraceutical, Personal Care & Cosmetics
As a growing number of consumers seek safe and effective products, there has been a rapid shift from synthetic products to more natural and organic products in recent years. Botanical extracts contains a lot of antioxidants and flavonoids. They are widely used across the food and beverage and cosmetic industries.Data Bridge Market Research analyses that the botanical extracts market which was valued at USD 6.10 billion in 2021 is expected to reach the value of USD 10.56 billion by 2029, at a CAGR of 7.10% during the forecast period of 2022-2029.
View Detailed Report: https://www.databridgemarketresearch.com/reports/global-botanical-extracts-market
Market Definition
Botanical extracts are herbal-product of various types. Herbal extract is created when a solvent reacts with plant material, dissolving some of its components. Once separated from the insoluble plant materials, the remaining solution is the extract, which can be left in liquid form or removed to produce a solid extract.
Some of the major players operating in the botanical extracts market are:
Ransom Naturals Ltd. (U.K.)
International Flavors & Fragrances Inc. (U.S.)
Synthite Industries Ltd. (India)
Martin Bauer Group (Germany)
Kalsec, Inc. (U.S.)
Synergy Flavors Inc. (U.S.)
Prinova Group (U.S.)
PT. Indesso Aroma (Indonesia)
Döhler GmbH (Germany)
Bell Flavors & Fragrances (U.S.)
Nutra Green Biotechnology Co., Ltd. (China)
Kuber Impex Ltd. (India),
Global Botanical Extracts Market Scope
The botanical extracts market is segmented on the basis of type, form, product type, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Form
Powder
Liquid
Leaf extracts
Type
Spice Extracts
Herb Extracts
Flower Extracts
Botanical Extracts
Fruit Extracts
Marine Plant Extracts
Product type
Organic
Conventional
Application
Food & Beverages
Pharmaceuticals
Food Products
Sports Nutrition
Beverages
Nutraceutical
Personal Care & Cosmetics
Aromatherapy
Animal Feed
Others
Opportunity
The growing global demand for organic products is expected to provide market participants with a lucrative opportunity in the coming years. Due to the high demand for botanical's functional properties, manufacturers in the global botanical market constantly introduce new and innovative products. They are also introducing ready-to-consume variants in order to broaden their product portfolio and boost overall sales. Furthermore, they are investing in innovative marketing strategies and celebrity endorsements, which are expected to boost market growth in the coming years.
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About Data Bridge Market Research (DBMR):
Data Bridge Market Research Pvt Ltd is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability level and advanced approaches. We are committed to uncover the best consumer prospects and to foster useful knowledge for your company to succeed in the market.
Data Bridge Market Research is a result of sheer wisdom and practice that was conceived and built-in Pune in the year 2015. The company came into existence from the healthcare department with far fewer employees intending to cover the whole market while providing the best class analysis. Later, the company widened its departments, as well as expands their reach by opening a new office in Gurugram location in the year 2018, where a team of highly qualified personnel joins hands for the growth of the company. "Even in the tough times of COVID-19 where the Virus slowed down everything around the world, the dedicated Team of Data Bridge Market Research worked round the clock to provide quality and support to our client base, which also tells about the excellence in our sleeve."
Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe.
Contact Us
US: +1 888 387 2818
UK: +44 208 089 1725
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Email - corporatesales@databridgemarketresearch.com
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