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Plant Extracts Market to Hit USD 82.58 Billion by 2029| CAGR 13.2%

07-01-2024 11:15 AM CET | Food & Beverage

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD

Plant Extracts Market

Plant Extracts Market

Anticipated Growth in Revenue:

Plant Extracts Market size was valued at USD 34.67 Bn. in 2022 and the total Plant Extracts revenue is expected to grow at 13.2% from 2023 to 2029, reaching nearly USD 82.58 Bn.

Plant Extracts Market Overview:

The shift away from chemical compounds in agriculture has propelled interest in plant extracts, driven by their potential benefits in seed applications. Research highlights their efficacy in managing phytopathogenic microorganisms, insect control, biostimulation, resistance induction, and herbicidal effects. Brazil emerges as a key player in this research, reflecting significant advancements in agricultural applications.

Plants are crucial reservoirs of innovative compounds used in diverse sectors from food and beverages to pharmaceuticals. Natural origin now constitutes a notable portion of essential medications recognized by the WHO. The medicinal properties of plant-based therapies continue to resonate globally, with substantial contributions to cancer therapies and small molecule medicines.

๐”๐ง๐ฅ๐จ๐œ๐ค ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐Ž๐ฎ๐ซ ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/32826/

Plant Extracts Market Trends:

Increasing consumer preference for natural and sustainable products is driving demand across sectors like cosmetics and pharmaceuticals. Plant extracts, renowned for their antioxidant properties, are increasingly utilized in skincare formulations to combat oxidative stress and aging. Moreover, their antimicrobial qualities enhance the shelf life of food and beverage products, catering to growing consumer demand for healthier alternatives.

What are Plant Extracts Market Dynamics?

The Plant Extracts market is segmented by Form, Source, Product, Application, and Region, offering insights into emerging growth factors and strategic opportunities. Key players like Givaudan, Sensient Technologies, Symrise AG, and Kangcare Bioindustry are actively pursuing growth through mergers, acquisitions, and strategic alliances, aiming to bolster their market presence.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž + ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐‡๐ž๐ซ๐ž: https://www.maximizemarketresearch.com/inquiry-before-buying/32826/

Plant Extracts Market Opportunities:

The market's expansion is bolstered by innovations in extraction technologies, such as Pressurized Hot Water Extraction (PHWE), offering eco-friendly solutions with superior product quality. Regulatory initiatives to standardize herbal medicines globally present opportunities for market players to enhance product safety and efficacy.

What is Plant Extracts Market Regional Insight?

Europe leads the global market, buoyed by robust demand for essential oils in cosmetics and pharmaceutical sectors. The region's aging population and rising health awareness are pivotal factors driving market growth. In contrast, Asia Pacific emerges as a significant market, driven by traditional medicinal practices and a burgeoning pharmaceutical industry.

๐…๐‘๐„๐„ |๐†๐ž๐ญ ๐š ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/32826/ ๏ปฟ

What is Plant Extracts Market Segmentation?

by Form

1.Dry
2.Liquid

by Source

1.Herbs & spices
2.Fruits & vegetables
3.Flowers
4.Other

by Product

1.Oleoresins
2.Essential oils
3.Flavonoids
4.Alkaloids
5.Carotenoids
6.Other

by Application

1.Food & beverages
2.Cosmetics
3.Pharmaceuticals
4.Dietary Supplements
5.Other

Some of the current players in the Plant Extracts Market are:

1.Sensient Technologies (US)
2. International Flavors & Fragrances (US)
3. Prinova Group LLC. (US)
4.Synergy Flavors, Inc. (US)
5.Kalsec, Inc. (US)
6.Plant Extracts International (US)
7. PT. Indesso Aroma (Indonesia)
8.PT. Haldin Pacific Semesta (Indonesia)
9. Dรถhler (Germany)
10. Symrise AG (Germany)
11.Martin Bauer (Germany)
12.Blue Sky Botanics Ltd. (UK)
13.Ransom Naturals Ltd. (UK)
14.Organic Herb (UK)
15.Synthite Industries (India)
17.Vidya Herbs Private Limited (India)
18.Arjuna Natural Extracts (India)
19.Givaudan (Switzerland)
20.Kangcare Bioindustry Co.,ltd. (China)
21.Tokiwa Phytochemical (Japan)
22.NATIVE EXTRACTS Pty Ltd (Australia)
23. Network Nutrition (Australia)
24. Indena (Italy)
25. Naturex (France)
26. Frutarom Industries Ltd. (Israel)

๐…๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐๐ฅ๐ž๐š๐ฌ๐ž ๐•๐ข๐ฌ๐ข๐ญ: https://www.maximizemarketresearch.com/market-report/global-plant-extracts-market/32826/ ๏ปฟ

Key Offerings:

Past Market Size and Competitive Landscape
Plant Extracts Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Plant Extracts Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

Explore our top-performing reports on the latest trends:

Rice Seeds Market https://www.maximizemarketresearch.com/market-report/global-rice-seeds-market/27572/

Sunflower Oil Market https://www.maximizemarketresearch.com/market-report/sunflower-oil-market/122497/

Global Frozen Yogurt Market https://www.maximizemarketresearch.com/market-report/frozen-yogurt-market/122850/

Olive Oil Market https://www.maximizemarketresearch.com/market-report/global-olive-oil-market/27227/

Coconut Market https://www.maximizemarketresearch.com/market-report/global-coconut-market/29399/

Pet Food Market https://www.maximizemarketresearch.com/market-report/global-pet-food-market/21009/

Essential Oils Market https://www.maximizemarketresearch.com/market-report/global-essential-oils-market/657/

Contact Maximize Market Research:

MAXIMIZE MARKET RESEARCH PVT. LTD.
โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โœ† +91 9607365656
๐Ÿ–‚ sales@maximizemarketresearch.com
๐ŸŒ www.maximizemarketresearch.com

About Maximize Market Research:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

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