Press release
Botanical Extracts Market to Witness Exponential Growth by 2024 - 2031 | Organic Herb Inc., Fytosan, FutureCeuticals
Botanical Extracts Market
Botanical extracts are extracts obtained from different parts of plants such as flowers, leaves, seeds, fruits and others. These extracts find applications in various industries such as food and beverages, pharmaceuticals, personal care etc.
Market Dynamics:
The global botanical extracts market is witnessing significant growth driven by increasing demand for natural ingredients in food and beverages, pharmaceutical and personal care industries. Consumers today prefer natural ingredients for perceived wellness benefits and to avoid synthetic ingredients. Botanical extracts help manufacturers satisfy demand for natural products. Additionally, increasing R&D activities by manufacturers to develop new botanical extracts with targeted health benefits is further propelling market growth. For instance, lavender botanical extracts are being explored for their anti-inflammatory and antidepressant properties. Marigold extracts are being studied for wound healing applications. The market is also driven by growth in nutraceuticals and functional foods industry where botanical extracts find applications.
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Botanical Extracts Market Drivers:
Growing Demand from Health Supplements Industry Due to Perceived Health Benefits of Botanical Extracts
The health supplements industry has seen tremendous growth in the past decade as more people are consciously taking supplements to support immunity, joint health and other health issues. Botanical extracts are widely used in formulation of various dietary supplements due to the presence of antioxidants and other phytonutrients in plants. Extracts from ginger, turmeric, garlic, rosemary etc. find applications in supplements for their anti-inflammatory and immunity boosting properties. As people continue to spend more on preventive healthcare and supplements gain wider acceptance, the demand from this end user industry will keep driving the botanical extracts markets growth.
Botanical Extracts Market Opportunity:
Growing Innovation in Delivery Systems for Botanical Extracts
The opportunity for botanical extracts market lies in continuous development of delivery technologies that improves absorption and efficacy of plant compounds. Novel delivery mechanisms like liposomes, phytosomes, nanoparticles and microencapsulation methods are enabling enhanced bioavailability of botanical extracts incorporated in supplements, beverages and functional foods. Water soluble formulas, fast dissolving tablets etc are increasing formulations options. Innovation in nanoencapsulation methods like production of curcumin nanocurcuminoid helps in increasing bioavailability of turmeric extracts by30 times compared to normal powder. Development of innovative delivery systems can further boost botanical extracts demand from supplement and FMCG sectors.
Botanical Extracts Market Trend:
Rise of Standardized Botanical Extracts for Consistency and Quality Assurance
Another notable trend impacting the botanical extracts industry is the increasing availability of standardized botanical extracts. Leading extract manufacturers are standardizing their extracts based on key phytochemical marker compounds and quantified levels. This helps formulators achieve batch-to-batch consistency and ensures quality compliance. Standardized extracts containing quantified levels of curcuminoids, phenolic acids, flavonoids etc. find higher acceptability. They facilitate evidence based formulation and clinical research on herb-drug interactions. Standardization trend promotes the commercialization of botanical extracts and their utilization in wider range of consumer products with assured quality and efficacy. This will drive continuous growth of botanical extracts market in future.
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Top Companies Included in This Report:
★ Organic Herb Inc.
★ Fytosan
★ FutureCeuticals
★ Nexira
★ Green Source Organics
★ Acumen Lifesciences
★ Arjuna Natural Extracts Ltd.
★ Prinova Group LLC
★ Synergy Flavors
★ Kalsec Inc.
★ Synthite Industries Ltd.
Market Segmentation:
By Product Type:
★ Spices
★ Herbs
★ Flowers
★ Tea Leaves
★ Liquid
★ Powder
By Applications:
★ Food
★ Sauces
★ Bakery & Confectionery
★ Beverages
★ Carbonated soft drinks
★ Iced Teas
★ Alcoholic beverages
★ Flavored Dairy products
★ Pharmaceutical
★ Cosmetic & personal care
★ Others
Key Regions/Countries are Classified as Follows:
» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
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The report offers insights on the following topics:
Chapter 1: Study Coverage
Chapter 2: Executive Summary
Chapter 3: Competitor Landscape of the Botanical Extracts Market by Players
Chapter 4: Market Size of the Botanical Extracts Market by Type and Application
Chapter 5: Global and Regional Analysis
Chapter 6: Company Profiles, Recent Developments, and Investments
Chapter 7: Analysis of Market Opportunities, Challenges, Risks, and Influencing Factors
Chapter 8: Analysis of Value Chain and Sales Channels, including notable product developments
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology/Research Approach
Ultimately, the Botanical Extracts Market report serves as a reliable source for acquiring market research to significantly enhance your business. It furnishes essential insights into regional economic conditions, product pricing, profitability, capacity, production, supply, demand, market growth rate, and forecasts. Additionally, the report includes a SWOT analysis, investment feasibility analysis, and return on investment analysis for new projects within the Botanical Extracts industry.
Should the aforementioned report not meet your precise requirements, we offer customized research tailored to comprehensively address your specific business needs. Our customized research will encompass all the pertinent business information necessary to assist you in making strategic and profitable business decisions.
Author Bio:
Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.
(LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/)
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