Press release
Plant Extracts Market on Track for Strong Growth, Estimated to Grow at 10.4% CAGR Through 2029
Plant Extracts Market
_x000D_
What Is the Expected CAGR for the Plant Extracts Market Through 2025?_x000D_
The market size of plant extracts has witnessed a robust growth in the past few years. In 2024, it stood at $30.31 billion and is projected to rise to $33.16 billion in 2025, recording a compound annual growth rate (CAGR) of 9.4%. Factors contributing to this historical growth are - heightened consumer awareness, increased demand for natural elements, widened usage in the pharmaceutical sector, and the global expansion of trade._x000D_
_x000D_
What's the Projected Size of the Global Plant Extracts Market by 2029?_x000D_
Projected advancements in the plant extracts market are expected to garner swift growth in the forthcoming years. With an expected market value of $49.2 billion in 2029 and a compound annual growth rate (CAGR) of 10.4%, the growth momentum hinges on several contributing factors. Factors fuelling this acceleration include surging popularity of functional foods, the broadening cosmetics and personal care industry, governmental support for herbal products, and increasing concerns about environmental sustainability. Anticipated trends within this period encompass heightened research and development pursuits, technological enhancements in extraction methods, concentration on superfoods, individualised nutraceuticals, newly developed extraction techniques, emergence of plant-based meat substitutes, incorporation of traditional medicine, and the clean label movement._x000D_
_x000D_
View the full report here:_x000D_
https://www.thebusinessresearchcompany.com/report/plant-extracts-global-market-report_x000D_
_x000D_
Top Growth Drivers in the Plant Extracts Industry: What's Accelerating the Market?_x000D_
The surge in veganism is playing a major role in advancing the plant extract industry. Vegans are individuals who abstain from consuming animal-derived products such as meat, eggs, or dairy goods, instead relying on plant-based resources to meet their nutritional needs. For example, as per the US-based Plant-Based Foods Association (PBFA), there was an increase of 6.6% in retail sales of plant-based foods in the United States in 2022. Consequently, the accelerated progression in veganism is stimulating the expansion of the plant extract market._x000D_
_x000D_
Get your free sample here:_x000D_
https://www.thebusinessresearchcompany.com/sample.aspx?id=6862&type=smp_x000D_
_x000D_
What Trends Will Shape the Plant Extracts Market Through 2029 and Beyond?_x000D_
Key players in the plant extracts market are concentrating their efforts on the creation of innovative products like PrimeLock, a vegan-friendly alternative that imitates animal fat cells. This aids food companies in improving plant-based product development and boosts market revenue. For example, Givaudan, a flavors and fragrance industry based in Switzerland, debuted PrimeLock+ in February 2022. This natural, vegan-friendly solution encapsulates and safeguards flavor and fat, releasing them over time during cooking and eating. This mechanism preserves the sought-after juiciness of plant-based products like burgers and sausages that often dry out during cooking. The technology enables a reduction of fat by up to 75% and calories by 30% in plant-based products without sacrificing taste or texture._x000D_
_x000D_
What Are the Main Segments in the Plant Extracts Market?_x000D_
The plant extracts market covered in this report is segmented -_x000D_
_x000D_
1) By Type: Spices, Essential Oils And Natural Extracts, Flavors And Fragrance, Phytomedicines And Herbal Extracts, Phytochemicals, Other Types_x000D_
2) By Source: Fruits, Flowers And Bulbs, Leaves, Rhizomes And Roots, Barks And Stems, Other Sources_x000D_
3) By Application: Pharmaceuticals, Food And Beverages, Cosmetics, Other Applications_x000D_
_x000D_
Subsegments:_x000D_
1) By Spices: Whole Spices, Ground Spices, Spice Extracts_x000D_
2) By Essential Oils And Natural Extracts: Aromatherapy Oils, Carrier Oils, Concentrated Extracts_x000D_
3) By Flavors And Fragrance: Natural Flavoring Agents, Fragrance Oils, Flavoring Extracts_x000D_
4) By Phytomedicines And Herbal Extracts: Herbal Supplements, Medicinal Plant Extracts, Traditional Herbal Remedies_x000D_
5) By Phytochemicals: Alkaloids, Terpenoids, Polyphenols_x000D_
6) By Other Types: Nutraceuticals, Cosmetic Plant Extracts, Feed Additives_x000D_
_x000D_
Tailor your insights and customize the full report here:_x000D_
https://www.thebusinessresearchcompany.com/customise?id=6862&type=smp_x000D_
_x000D_
Which Top Companies are Driving Growth in the Plant Extracts Market?_x000D_
Major companies operating in the plant extracts market include Naturex S. A., Berkem S. A., Kuber Impex Ltd., Organic Herb Inc., Givaudan S. A., Arjuna Natural Pvt Ltd., Synthite Industries Private Ltd., Martin Bauer Group, Tokiwa Phytochemical Co Ltd., Native Extracts Pty Ltd., Symrise AG, Sensient Technologies Corporation, PT Indesso Aroma, Vidya Herbs Pvt Ltd., Plant Extracts International Inc., Indena S. p. A., Nutra Green Biotechnology Co Ltd., Nantong Sihai Plant Extracts Co. Ltd., Schwabe Group, Provital Group, Chenguang Biotech Group Co Ltd., Kangcare Bioindustry Co. Ltd., International Flavors & Fragrances Inc., Kerry Group plc, Archer Daniels Midland Company, Kalsec Inc., Carbery Group, Koninklijke DSM N. V., Döhler GmbH, Vital Herbs, Sydler India Pvt. Ltd., Plantnat, Sabinsa Corporation, Nexira_x000D_
_x000D_
Which Regions Will Dominate the Plant Extracts Market Through 2029?_x000D_
Asia-Pacific was the largest region in the plant extracts market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the plant extracts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa_x000D_
_x000D_
Purchase the full report today:_x000D_
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6862_x000D_
_x000D_
This Report Supports:_x000D_
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions._x000D_
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning._x000D_
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks._x000D_
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work._x000D_
_x000D_
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Plant Extracts Market on Track for Strong Growth, Estimated to Grow at 10.4% CAGR Through 2029 here
News-ID: 4080692 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Extracts
Spice and Herb Extracts Market Enhancing Flavor Profiles in Food Products with N …
Spice and Herb Extracts Market 𝐒𝐧𝐚𝐩𝐬𝐡𝐨𝐭 (𝟐𝟎𝟐𝟓 𝐭𝐨 𝟐𝟎𝟑𝟒)
Spice and herb extracts market is poised for growth, valued at approximately $5.1 billion in 2024. The market is projected to reach around $8.9 billion by 2034.
The Spice and Herb Extracts Market is expected to experience steady growth, projected to increase from $16.7 billion in 2023 to $23.6 billion by 2033, at a CAGR of 3.5% during the forecast period. The demand…
Mushroom Extracts Market: The increasing adoption of advanced Mushroom Extracts …
As per the study initiated by Evolve Business Intelligence, the global Mushroom Extracts market size accounted for USD 28.3 Billion in 2022, growing at a CAGR of 12.1% from 2023 to 2033. The mushroom extract market refers to the global market for extracts derived from various species of mushrooms. Mushroom extracts are obtained by processing mushrooms to concentrate their beneficial compounds and bioactive substances, which can be used in various…
Quillaia Extracts Market
Data Bridge Market Research analyses that the global quillaia extracts market to account USD 1,321.11 million by 2029 growing at a CAGR of 6.20% in the forecast period of 2022-2029. Increasing preference for natural ingredients is the factor for the quillaia extracts market in the forecast period of 2022-2029.
Get Full Report: https://www.databridgemarketresearch.com/reports/global-quillaia-extracts-market
Quillaia extract is made by aqueous processing of milled internal bark or wood of Quillaia saponaria Molina…
Medicinal Plant Extracts Market Includes New Complete Analysis Report To Gain Mo …
Medicinal Plant Extracts Market report provides a comprehensive analysis of the industry, information about worldwide market opportunities, challenges, trends, business strategies, and industry breakthroughs is provided in the study report 2022. The study examines how the major businesses in the sector develop new product concepts to enhance their products. It includes the current state of the industry, possible future growth areas, and business development plans of leading firms. The main…
Medicinal Plant Extracts Market Insights 2025 - Worldwide Industry Players Are O …
Plant Extracts have used crude extracts of different parts of plants as curative agents. Plant extracts have also been used in the treatment of infectious diseases caused by antibiotic-resistant microbes.
medicinal plant extracts or phytochemicals that have been shown to inhibit the growth of oral pathogens, reduce the development of dental plaque, influence the adhesion of bacteria to surfaces and reduce the symptoms of oral diseases will be discussed subsequently.
The research…
Licorice Extracts Market: Demand for Licorice Extracts Greater in Food and Bever …
Global Licorice Extract Market: Snapshot
Of late, the global licorice extracts market is witnessing a stable progress, thanks to the growing demand for pharmaceutical products, herbal medicines, and various other health products among people across the world. The increasing uptake of natural ingredients in medical supplements, together with the rising inclination of consumers towards sugar-free products, boosted by the upswing in the consumer consciousness towards health and fitness, is fueling the…
