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Botanicals Market Industry Forecast, Size, and Market Share Trends Report 2024 - 2031

10-01-2024 11:42 AM CET | Consumer Goods & Retail

Press release from: CoherentMI

Botanicals Market

Botanicals Market

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.


๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ญ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ข๐จ๐ง

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.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก:

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.

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ:

๐‡๐ž๐š๐ฅ๐ญ๐ก ๐š๐ง๐ ๐–๐ž๐ฅ๐ฅ๐ง๐ž๐ฌ๐ฌ ๐“๐ซ๐ž๐ง๐๐ฌ: 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.

๐‚๐ฅ๐ž๐š๐ง ๐‹๐š๐›๐ž๐ฅ ๐Œ๐จ๐ฏ๐ž๐ฆ๐ž๐ง๐ญ: The demand for transparency in ingredient sourcing and the preference for clean-label products are driving the use of botanicals in food and beverages.

๐’๐ฎ๐ฌ๐ญ๐š๐ข๐ง๐š๐›๐ข๐ฅ๐ข๐ญ๐ฒ: Consumers are increasingly favoring sustainably sourced and environmentally friendly products, leading to a preference for botanical ingredients over synthetic alternatives.

๐–๐จ๐ฎ๐ฅ๐ ๐ฒ๐จ๐ฎ ๐ฅ๐ข๐ค๐ž ๐ญ๐จ ๐ก๐š๐ฏ๐ž ๐š๐ง ๐จ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐ญ๐จ ๐ž๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ, ๐ˆ๐Ÿ ๐ฒ๐ž๐ฌ, ๐š๐œ๐œ๐ž๐ฌ๐ฌ ๐จ๐ฎ๐ซ ๐Ÿ๐ฎ๐ฅ๐ฅ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://www.coherentmi.com/industry-reports/botanicals-market


โ– ๐Š๐ž๐ฒ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ฒ ๐๐ซ๐จ๐Ÿ๐ข๐ฅ๐ž๐ฌ:

โ€ข Prakruti Sources
โ€ข Rutland Biodynamics
โ€ข The Green Labs
โ€ข The Herbarie at Stoney Hill Farm
โ€ข Umalaxmi Organics
โ€ข Integra Biosciences AG
โ€ข Labconco Corporation
โ€ข Flexicare (Group) Limited
โ€ข Stryker Corporation and Smiths Medical

โ– ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

โ– By Product Type
โ€ข Herbs
โ€ข Spices
โ€ข Essential Oils
โ€ข Others (Plant Extracts, Medicinal Plants)

โ– By Application
โ€ข Food and Beverage
โ€ข Pharmaceuticals
โ€ข Cosmetics and Personal Care
โ€ข Nutraceuticals

โ– By Form
โ€ข Dry
โ€ข Liquid
โ€ข Powder

โ– By Distribution Channel
โ€ข Direct Sales
โ€ข Online Retail
โ€ข Supermarkets/Hypermarkets
โ€ข Specialty Stores

๐†๐ž๐ญ ๐š๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐จ ๐ญ๐ก๐ž ๐ฅ๐š๐ญ๐ž๐ฌ๐ญ ๐„๐๐ข๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ญ๐ฎ๐๐ฒ (๐œ๐จ๐ฆ๐ฉ๐ซ๐ข๐ฌ๐ข๐ง๐  ๐Ÿ๐Ÿ“๐ŸŽ+ ๐ฉ๐š๐ ๐ž๐ฌ): @ https://www.coherentmi.com/industry-reports/botanicals-market/buynow


Author of this marketing PR:

Vaagisha brings over three years of expertise as a PR writer in the market research domain. Originally a creative writer, she discovered her passion for writing, combining her flair for writing with a meticulous eye for detail. Her ability to craft and refine compelling content makes her an invaluable asset in delivering polished and engaging write-ups.

๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:

Global Hexagonal Boron Nitride Market https://www.coherentmi.com/industry-reports/global-hexagonal-boron-nitride-market

Cell Cytometry Market https://www.coherentmi.com/industry-reports/cell-cytometry-market

Global DNA Encoded Library Markethttps://www.coherentmi.com/industry-reports/global-dna-encoded-library-market

โ˜Ž Contact Us:

Mr. Shah
CoherentMI,
U.S.: +1-650-918-5898
U.K: +44-020-8133-4027
Australia: +61-2-4786-0457
INDIA: +91-848-285-0837
Email: sales@coherentmi.com
Website: https://www.coherentmi.com

About CoherentMI:

At CoherentMI, we are a leading global market intelligence company dedicated to providing comprehensive insights, analysis, and strategic solutions to empower businesses and organizations worldwide. Moreover, CoherentMI is a subsidiary of Coherent Market Insights Pvt Ltd., which is a market intelligence and consulting organization that helps businesses in critical business decisions. With our cutting-edge technology and experienced team of industry experts, we deliver actionable intelligence that helps our clients make informed decisions and stay ahead in today's rapidly changing business landscape.

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