Press release
Plant Extracts Market Anticipated to Reach USD 93.48 Billion by 2030, Growing at 13.2 Percentage CAGR
๐๐ฅ๐๐ง๐ญ ๐๐ฑ๐ญ๐ซ๐๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ size was valued at US$ 34.67 Bn. in 2023 and the total Plant Extracts revenue is expected to grow at 13.2% from 2024 to 2030, reaching nearly US$ 93.48 Bn.๐๐ฅ๐๐ง๐ญ ๐๐ฑ๐ญ๐ซ๐๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The plant extracts market is witnessing substantial growth, driven by the increasing demand for natural and organic products across various industries, including food and beverages, pharmaceuticals, cosmetics, and nutraceuticals. Plant extracts are derived from a wide range of sources, including herbs, fruits, flowers, and roots, offering essential bioactive compounds like antioxidants, flavonoids, and alkaloids. These extracts are gaining traction as consumers shift toward health-conscious lifestyles, seeking clean-label products free from synthetic additives. Additionally, the rise in chronic diseases and the growing preference for herbal remedies are fueling the adoption of plant-based solutions. The market is further supported by advancements in extraction technologies, such as supercritical CO2 extraction and ultrasonic methods, ensuring the preservation of natural compounds and enhancing product quality. With increasing global awareness about sustainability and environmental conservation, plant extracts are positioned as a key component in the transition toward eco-friendly production practices.
๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/32826/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฅ๐๐ง๐ญ ๐๐ฑ๐ญ๐ซ๐๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ:
The growth of the plant extracts market is driven by several factors, including the rising consumer preference for natural and organic ingredients. The growing awareness about the health benefits of plant-derived compounds, such as improved immunity, anti-inflammatory properties, and stress reduction, has significantly boosted demand. In the food and beverage industry, plant extracts are being widely adopted as natural flavorings, colorants, and preservatives. The increasing prevalence of lifestyle-related diseases, such as obesity and diabetes, has further propelled the use of plant-based nutraceuticals and dietary supplements. The cosmetics and personal care sector also plays a vital role, with plant extracts being utilized in anti-aging, moisturizing, and skin-brightening products. Moreover, government regulations promoting the use of natural ingredients over synthetic chemicals in various applications are fostering market growth. The expansion of e-commerce platforms has made plant-based products more accessible, further accelerating market penetration.
๐๐ฅ๐๐ง๐ญ ๐๐ฑ๐ญ๐ซ๐๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Several trends are shaping the future of the plant extracts market. A prominent trend is the rising demand for adaptogenic herbs, such as ashwagandha, ginseng, and holy basil, which are known for their stress-relieving and energy-boosting properties. Another significant trend is the increasing focus on sustainability, with manufacturers opting for environmentally friendly extraction processes and sourcing practices. The integration of advanced technologies, such as nanoencapsulation and microencapsulation, is enhancing the bioavailability and stability of plant-derived compounds. The market is also witnessing the growing popularity of superfoods, such as matcha, moringa, and turmeric, in functional foods and beverages. Additionally, the clean-label movement is driving innovation in product formulations, with brands emphasizing transparency and natural sourcing. The rise of personalized nutrition and targeted health solutions is further driving demand for customized plant-based supplements tailored to individual needs. As consumers seek holistic health and wellness solutions, plant extracts are becoming a cornerstone of this evolving market.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐๐๐ฒ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/32826/
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฅ๐๐ง๐ญ ๐๐ฑ๐ญ๐ซ๐๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ
๐๐ข๐๐ญ๐ง๐๐ฆ: ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ฅ๐๐ง๐ญ ๐๐ฑ๐ญ๐ซ๐๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ
Vietnam's thriving herbal industry and abundant biodiversity are driving growth in its plant extracts market. Companies like Traphaco JSC are leveraging local resources to produce high-quality herbal products for domestic and international markets. Recent collaborations between Vietnamese manufacturers and global nutraceutical firms have boosted the development and export of plant-based supplements. The government's support for sustainable farming practices is further enhancing Vietnam's position as a key player in the global plant extracts market.
๐๐ก๐๐ข๐ฅ๐๐ง๐: ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ฅ๐๐ง๐ญ ๐๐ฑ๐ญ๐ซ๐๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ
Thailand's rich herbal heritage and robust agricultural sector have positioned it as a significant player in the plant extracts market. Companies such as Charoen Pokphand Group are investing in advanced extraction technologies to produce high-value botanical ingredients. The increasing popularity of Thai herbs like lemongrass, galangal, and kaffir lime in international markets is boosting exports. Government initiatives promoting traditional medicine and wellness tourism are further driving demand for plant extracts in both domestic and global markets.
๐๐๐ฉ๐๐ง: ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ฅ๐๐ง๐ญ ๐๐ฑ๐ญ๐ซ๐๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ
Japan's focus on innovation and research has led to significant advancements in its plant extracts market. Companies like Mitsubishi Chemical Holdings are consolidating their market presence through strategic mergers and acquisitions, expanding their portfolios to include functional ingredients for pharmaceuticals and cosmetics. The growing demand for green tea extract and other traditional Japanese botanicals is fostering growth. Additionally, government-backed initiatives promoting functional foods and supplements are strengthening the market's development.
๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐: ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ฅ๐๐ง๐ญ ๐๐ฑ๐ญ๐ซ๐๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ
South Korea's booming beauty and wellness industry is driving the demand for plant extracts, particularly in skincare and nutraceutical applications. Companies such as Amorepacific Corporation are leading the way by incorporating advanced botanical formulations in their products. Recent collaborations with global firms have enhanced the production of ginseng-based extracts, a staple in South Korean wellness culture. The rise of K-beauty trends and the growing popularity of Korean herbal medicine are creating significant opportunities in the market.
๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐: ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ฅ๐๐ง๐ญ ๐๐ฑ๐ญ๐ซ๐๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ
Singapore's strategic focus on R&D and innovation is propelling its plant extracts market. Companies like BioSingapore are developing cutting-edge extraction techniques to produce high-quality botanical ingredients for pharmaceuticals and food supplements. The government's emphasis on sustainability and support for green technologies are encouraging the adoption of eco-friendly practices in the production of plant extracts. Singapore's position as a hub for global trade and innovation makes it a key player in the region's market growth.
๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ: ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ฅ๐๐ง๐ญ ๐๐ฑ๐ญ๐ซ๐๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ
The United States remains a dominant player in the global plant extracts market, driven by increasing consumer demand for natural and organic products. Leading companies like DSM and Archer Daniels Midland are expanding their product lines to include innovative plant-based ingredients for functional foods, beverages, and personal care products. The rise of clean-label trends and growing awareness about herbal remedies are shaping the market. Recent mergers, such as Ingredion's acquisition of a botanical extract firm, highlight the ongoing consolidation trend in the U.S.
๐๐ฎ๐ซ๐จ๐ฉ๐: ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ฅ๐๐ง๐ญ ๐๐ฑ๐ญ๐ซ๐๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ
Europe's plant extracts market is evolving rapidly, driven by stringent regulations favoring natural and organic products. Countries like Germany and France are leading the way in developing sustainable sourcing practices and advanced extraction technologies. Companies such as Symrise AG are focusing on expanding their botanical ingredient portfolios to cater to the cosmetics and food industries. Collaborative efforts between governments and private firms are promoting research into plant-based solutions, boosting innovation and market growth.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐๐จ๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ? ๐๐ซ๐๐ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ: https://www.maximizemarketresearch.com/request-sample/32826/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ฅ๐๐ง๐ญ ๐๐ฑ๐ญ๐ซ๐๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ:
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
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐ฅ๐๐ง๐ญ ๐๐ฑ๐ญ๐ซ๐๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
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)
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/global-plant-extracts-market/32826/
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐จ๐ซ๐: ๐๐ข๐ฌ๐ข๐ญ ๐๐ฎ๐ซ ๐๐๐๐ฌ๐ข๐ญ๐ ๐๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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โฆBusiness Software and Services Market https://www.maximizemarketresearch.com/market-report/global-business-software-and-services-market/102539/
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