According to New Research by Data Bridge Market Research Titled “Global Botanical Extracts Market” accounted for USD 3.92 Billion in 2017 and is projected to grow at a CAGR of 9.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015, 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Any drug or pesticide that is made or extracted from parts of plants is referred to as botanical extracts there is a growing demand for global botanical in pharmaceutical and cosmetic sectors, which is expected to be one of the major drivers of the market over the next coming years. According to a journal published by European Society of Biochemical Engineering Services, the global market for botanicals market registered a value of USD 108.0 billion in 2015. The functional food & supplements segment is expected to register a market share of 35.0% and cosmetics segment is registering market share of 17.0%. The use of botanical extracts is increasing in cosmetic application and is mainly referred as “active” extracts. Germany, France and Italy are the major countries in European botanical extract market. According to COMTRADE database, France imported approximately 8,000 tons of extracts in 2014. The regulations in the supplement market such as Health Claim Regulation by EFSA has resulted in reduced innovations in the botanical extract products in European region.
This Report Consists of –
- No of pages: 350, No of Figures: 60, No of Tables: 250
Frequently Asked Questions?
- What will the market size be in 2024?
- What are the key factors driving the global market?
- What are the challenges to market growth?
- Who are the key players in the market?
- What are the market opportunities and threats faced by the key players?
- What will be the growth rate in 2024?
- Which strategies are used by top players in the Global Botanical Extracts Market?
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Global Major Market Drivers and Restraints of Botanical Extracts Market
- Increasing awareness regarding the side effects of allopathic medicines has caused awareness about therapeutic effects and medicinal benefits of herbal products.
- They have a long shell life.
- Rising awareness and health concerns among consumers.
- Availability of various substitutes in the market
- Stringent regulations
The botanical extracts market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of acidity regulators market for global, Europe, North America, Asia Pacific and South America.
TABLE OF CONTENTS
2) MARKET SEGMENTATION
3) Market Overview
4) EXECUTIVE SUMMARY
5) premium insights
6) Global Botanical Extracts Market, by Source
7) Global Botanical Extracts Market, by Application
8) Global Botanical Extracts Market, by Form
9) Global Botanical Extracts Market, by Technology
10) Global Botanical Extracts Market, by geography
- North America
- south America
- Middle East and Africa
11) Global Botanical Extracts Market, COMPANY landscape
12) company profiles
Global Market Segmentation of Botanical Extracts Market
The Global Botanical Extracts Market is segmented on the basis of Source, application, by type, Geography.
On the basis of Source, the market is segmented into
- Tea leaves,
On the basis of application, the market is segmented into
- Food & Beverages,
- Cosmetic & personal care
The foods & beverages segment is sub segmented into bakery & confectionery, dairy products, beverages and others.
On the basis of type the market is segmented into
On the basis of geography, the botanical extracts market report covers data points for 28 countries across multiple geographies such as
- North America,
- South America,
- Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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The Global Botanical Extracts Market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major Market Competitors
- Herb Inc.,
- Plant Extracts International Inc,
- Lehmann & Voss & Co.,
- MB-Holding GmbH & Co.KG,
- Kalsec Inc,
- Alkaloids Corporation,
- Nantong Sihai Plant Extracts Co.,
- Prinova Group,
- K Patel Group and Indena USA Inc.
- Frutarom Ransom Natural Ltd,
- Blue Sky Botanics Ltd.,
- Haldin, Dohler,
- Nutra Green Biotechnology Co. Ltd.
- Jairamdass Khushiram Impex Pvt. Ltd.,
- Organic Herb Inc.,
- Green Source Organics
Global Botanical Extracts Market is segmented into, By Source (Spices, Herbs, Tea leaves, Flowers), By Application (Functional Food & Supplements, Food Supplements, Pharmaceutical, Cosmetic & Personal Care, Others), By Technology (Water Extraction, Drying, Cold Pressing, Steam Distillation, Enfleurage, Supercritical CO2 Extraction, Low-boiling solvent extraction), By Form (Liquid, Powder), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2025.
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