Botanical Ingredients Market Size, Share, Trends, Growth and Competitive Outlook

Global Botanical Ingredients Market Analysis and Size
In the medium term, consumers seeking clean-label and sustainable ingredients will be drawn to botanical-containing products. This is especially true in beverages, where botanical flavours give aromatic formulations a refreshing and natural "pop." However, the use of botanical ingredients such as sage leaf and rose petal is increasing in a variety of categories such as bakery, dairy, and confectionery. Consumers value botanical "premium" ingredients in foods and beverages.

Data Bridge Market Research analyses that the botanical ingredients market which was valued at a value of USD 5.79 billion in 2021 is expected to reach the value of USD 7.23 billion by 2029, at a CAGR of 15.50% during the forecast period of 2022 to 2029. Growing consumer concern about safety and health, as well as rising clean label trends in the food, beverages, and pharmaceutical industries, are driving the growth of the botanical ingredients market.

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Botanical Ingredients Market Regional Analysis/Insights
The botanical ingredients market is analyzed and market size insights and trends are provided by country, product type, primary ingredients, application, ingredients source and ingredients form as referenced above.

The countries covered in the botanical ingredients market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa (MEA)

North America is expected to dominate the botanical ingredients market due to increased demand for products with low calorie levels and high nutritional content over the forecast period.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

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