Botanicals Market Industry Forecast, Size, and Market Share Trends Report 2024 - 2031
According to an exhaustive report by CoherentMI,The Global Botanicals Market is estimated to be valued at USD 112.31 Billion in 2024 and is expected to reach USD 174.10 Billion by 2031, growing at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031. Increasing awareness about the medicinal properties and various health benefits of botanicals is driving more consumers to use botanical products.๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ญ๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง
The botanicals market encompasses a wide range of plant-derived products used for various applications, including food and beverages, cosmetics, pharmaceuticals, and dietary supplements. As consumer interest in natural and organic ingredients continues to rise, the botanicals market is experiencing significant growth and innovation.
๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก:
The botanicals market is witnessing robust expansion, fueled by increasing consumer demand for natural products, health benefits associated with botanical ingredients, and a growing trend toward holistic and alternative therapies.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ:
๐๐๐๐ฅ๐ญ๐ก ๐๐ง๐ ๐๐๐ฅ๐ฅ๐ง๐๐ฌ๐ฌ ๐๐ซ๐๐ง๐๐ฌ: There is a rising awareness of the health benefits of botanicals, including their antioxidant, anti-inflammatory, and antimicrobial properties, which appeal to health-conscious consumers.
๐๐ฅ๐๐๐ง ๐๐๐๐๐ฅ ๐๐จ๐ฏ๐๐ฆ๐๐ง๐ญ: The demand for transparency in ingredient sourcing and the preference for clean-label products are driving the use of botanicals in food and beverages.
๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ข๐ฅ๐ข๐ญ๐ฒ: Consumers are increasingly favoring sustainably sourced and environmentally friendly products, leading to a preference for botanical ingredients over synthetic alternatives.
๐๐จ๐ฎ๐ฅ๐ ๐ฒ๐จ๐ฎ ๐ฅ๐ข๐ค๐ ๐ญ๐จ ๐ก๐๐ฏ๐ ๐๐ง ๐จ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐ญ๐จ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ, ๐๐ ๐ฒ๐๐ฌ, ๐๐๐๐๐ฌ๐ฌ ๐จ๐ฎ๐ซ ๐๐ฎ๐ฅ๐ฅ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://www.coherentmi.com/industry-reports/botanicals-market
โ ๐๐๐ฒ ๐๐จ๐ฆ๐ฉ๐๐ง๐ฒ ๐๐ซ๐จ๐๐ข๐ฅ๐๐ฌ:
โข Prakruti Sources
โข Rutland Biodynamics
โข The Green Labs
โข The Herbarie at Stoney Hill Farm
โข Umalaxmi Organics
โข Integra Biosciences AG
โข Labconco Corporation
โข Flexicare (Group) Limited
โข Stryker Corporation and Smiths Medical
โ ๐๐๐ซ๐ค๐๐ญ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
โ By Product Type
โข Herbs
โข Spices
โข Essential Oils
โข Others (Plant Extracts, Medicinal Plants)
โ By Application
โข Food and Beverage
โข Pharmaceuticals
โข Cosmetics and Personal Care
โข Nutraceuticals
โ By Form
โข Dry
โข Liquid
โข Powder
โ By Distribution Channel
โข Direct Sales
โข Online Retail
โข Supermarkets/Hypermarkets
โข Specialty Stores
๐๐๐ญ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐ญ๐ก๐ ๐ฅ๐๐ญ๐๐ฌ๐ญ ๐๐๐ข๐ญ๐ข๐จ๐ง ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ (๐๐จ๐ฆ๐ฉ๐ซ๐ข๐ฌ๐ข๐ง๐ ๐๐๐+ ๐ฉ๐๐ ๐๐ฌ): @ https://www.coherentmi.com/industry-reports/botanicals-market/buynow
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๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
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