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Organic Herbal Extracts Market by Size, Growth, Trends and Forecast - 2030

03-14-2024 04:42 AM CET | Food & Beverage

Press release from: Transparency Market Research

Organic Herbal Extracts Market by Size, Growth, Trends

The global organic herbal extracts market has witnessed significant growth over the past decade and is expected to continue its upward trajectory from 2020 to 2030. This growth can be attributed to the increasing consumer preference for organic and natural products, rising awareness regarding the health benefits of herbal extracts, and the growing demand for organic ingredients in various industries.

Organic herbal extracts are natural extracts obtained from organic herbs and plants through various extraction processes such as distillation, cold pressing, and solvent extraction.

Market Dynamics: The market is driven by factors such as the rising demand for organic personal care and cosmetic products, the growing popularity of herbal medicines and supplements, and the increasing use of organic herbal extracts in the food and beverage industry.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ญ (๐”๐ฌ๐ž ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ž ๐Œ๐š๐ข๐ฅ ๐ˆ๐ ๐Ÿ๐จ๐ซ ๐๐ฎ๐ข๐œ๐ค ๐‘๐ž๐ฌ๐ฉ๐จ๐ง๐ฌ๐ž) - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=81220&utm_source=OpenPR_Sudha&utm_campaign=OpenPR

Market Size and Growth

Market Size (2020): The global organic herbal extracts market was valued at US$ 5.2 Bn in 2020.
CAGR (2020-2030): The market is projected to grow at a CAGR of 4.8% during the forecast period (2020-2030), reaching a value of US$ 8.4 Bn by 2030.

Market Segmentation

By Product Type: The market is segmented into liquid extracts, powder extracts, and others.

By Application: The market is segmented into pharmaceuticals, food and beverages, cosmetics and personal care, and others.

By Region: The market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Regional Analysis

North America: The region is expected to dominate the market during the forecast period, owing to the increasing demand for organic products and the presence of key market players.

Europe: The region is anticipated to witness significant growth, driven by the rising awareness regarding the benefits of organic products and the stringent regulations regarding the use of synthetic ingredients.

Asia Pacific: The region is projected to be the fastest-growing market, attributed to the growing population, changing consumer preferences, and increasing disposable income.

Market Drivers and Challenges

Drivers: Increasing consumer awareness regarding health and wellness, growing demand for organic and natural products, and the rising trend of clean label products.

Challenges: High production costs, limited availability of organic raw materials, and regulatory challenges related to product labeling and certification.

๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.transparencymarketresearch.com/checkout.php?rep_id=81220<ype=S&utm_source=OpenPR_Sudha&utm_campaign=OpenPR

Competitive Landscape

The market is highly competitive, with key players focusing on product innovation, strategic partnerships, and expansion strategies to gain a competitive edge.
Some of the key players in the market include Ransom Naturals Ltd., Nature's Way Products, LLC, Synergy Flavors, Dรถhler, Gaia Herbs, Natrol, LLC, Oregon's Wild Harvest, Natural Factors Nutritional Products Ltd., Herb Pharm, Arjuna Natural Pvt. Ltd., Nutra Green Biotechnology Co., Ltd., Select Botanical, Blue Sky Botanics, Sabinsa Corporation.

Future Outlook

The market is expected to witness continued growth during the forecast period, driven by the increasing demand for organic products and the rising trend of using herbal extracts in various industries.
Emerging markets such as Asia Pacific and Latin America are expected to offer lucrative opportunities for market players, owing to the growing population and increasing disposable income.

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก -

๐–๐š๐ฅ๐ง๐ฎ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ - https://www.prnewswire.com/news-releases/walnut-market-size-is-projected-to-reach-usd-11-1-billion-at-a-4-3-cagr-by-2031---transparency-market-research-inc-302032434.html

๐…๐ฎ๐ง๐œ๐ญ๐ข๐จ๐ง๐š๐ฅ ๐…๐ฅ๐จ๐ฎ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ - https://www.prnewswire.com/news-releases/functional-flour-market-worth-usd-147-3-billion-by-2031--at-7-6-cagr---report-by-transparency-market-research-inc-302024373.html

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ

Transparency Market Research Inc.
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