Botanical Extracts Market Global Trends, Industry Size, Leading Key Players, Demand, Growth Prospects, and Regional Outlook 2019 to 2023
“Botanical Extracts Market is projected to grow at a CAGR of 8.7%, Global Botanical Extracts Market Size, Share and Industry Analysis by Source, Form, Application and Region”
Pune, India – July 8, 2019 /MarketersMedia/ —
Detailed Regional Analysis
The regional evaluation of the Botanical Extracts Market covers regions such as the Asia Pacific, Europe, North America, and the rest of the world (RoW). The North American region is leading the botanical extracts market trailed by the European region. The U.S. recorded an increased consumption level of botanical extracts due to growing awareness about the advantage of consuming natural products. Moreover, the intake of natural and healthy products with improved essence in food & beverage is regarded to be the main driving factor in this region. Also, growing demand for organic and green label convenience foods products in the European region nations like Germany, the U.K., and France are expected to lift the development of the botanical extracts market through the forecast period. Similarly, the European region is responsible for advanced consumption of chilly and pepper as a crucial ingredient in several food preparations. Besides, the continuing R&D activities in the extraction method of botanical extracts is expected to advance the development of the botanical extracts market.
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Competitive Analysis
The principal contenders profiled in the botanical extracts market are-
• Blue Sky Botanics Ltd. (U.K.)
• Synergy Flavors, Inc. (U.S.)
• BI Nutraceuticals Inc. (U.S.)
• Ransom Naturals Ltd. (U.K.)
• Kalsec Inc. (U.S.)
• Frutarom Industries Ltd. (Israel)
• Prinova Group LLC. (U.S.)
Industry Updates:
Mar 2019 Lubrizol Corp. has acquired Laboratoire Phenobio, a French dealer of naturally derived extracts and active botanical ingredients. The procurement will back Lubrizol’s capabilities to present natural products to the nutraceutical, cosmetic, and life sciences industries, and the technologies Laboratoire Phenobio uses aids the company’s sustainability endeavors.
Botanical Extracts Market – Overview
The increased demand for natural extracts primarily from plant sources is increasing the growth of the botanical extracts market. Reports that assess the food, beverages, and nutrition industry have been presented by Market Research Future, which creates reports on numerous industry verticals that examine the market progress and forecasts. The market is expected to gain an ascendant CAGR in the forecast period.
The increased use of botanical extracts in the preparation of beverages, food, medicines, and nutraceuticals is anticipated to reinforce the progress of the market. The therapeutic properties of botanical extracts are expected to incentivize the market’s development in the forecast period further. Moreover, mounting consumer awareness about health and wellness products is anticipated to create profitable options for growth in the forecast period.
Table of Content
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3 Botanical Extracts Market Insights
Chapter 4 Botanical Extracts by Source Insights
Chapter 5 Botanical Extracts by Form Insights
Chapter 6 Botanical Extracts by Application Insights
Chapter 7 Botanical Extracts Regional Insights
Chapter 8 Competitor Profile
TO BE CONTINUE………………….,
Segmental Analysis
The segmental evaluation of the Botanical Extracts Market is carried out on the basis of source, extract form, application, and region.
On the basis of source, the Botanical extracts market is segmented into fruits, herbs, flowers, spices, leaves, and others. Among all the segments, the spices segment holds the chief market portion shadowed by the leaves segment.
Based on the extract form, the botanical extracts market is segmented into liquid, powder, and others. Among the segments, the powdered form segment is directing in the botanical extracts market.
The segmentation of the Botanical extracts market based on application comprises of beverages, food, pharmaceuticals, nutraceuticals, FMCG non-foods and cosmetics, animal feed, and others.
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