The Global Botanical Extracts Market size is expected to grow from USD 6.06 billion in 2022 to USD 12.07 billion by 2030, at a CAGR of 6.06% during the forecast period (2023-2030).
Botanical extracts are used as an ingredient in the food & beverages industry to amend flavor, aroma, or nutritive quality. Botanical extracts also enhances properties like shelf life, and flavour and they help in reducing microbial spoilage. They are extracted from the plant tissue, generally by treating with a solvent such as water or alcohol. The increasing applications of botanical extracts in food & beverage industry, comsetics, and personal care products, due to its properties like antimicrobial and antioxidant is the major driving force for the development of the market. This market is greatly altered by the changes in preferences and consumption patterns of consumers who are looking for natural flavors in their food instead of synthetic ingredients.
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Who are the key players in the Botanical Extracts Market?
Frutarom Ltd. (Israel),Kalsec Inc (U.S.),Döhler GmbH (Germany),Nexira (France),Haldin Natural (Indonesia),Synergy Flavors (U.S.),Bell Flavors & Fragrances (U.S.),Nutra Green Biotechnology Co.Ltd. (China),Blue Sky Botanics (U.K.),Fytosan (France),BI Nutraceuticals (U.S.),Ransom Naturals Limited (UK),International Flavors and Fragrances Inc (USA),Synthite Industries Limited (India),Martin Bauer Group (Germany) and other major players.
Studying the complete Botanical Extracts Market ecosystem, our study elaborates the interdependencies and functions of various market stakeholders. Through extensive segmentation analysis and comprehensive geographical coverage, we facilitate a profound comprehension of regional trends. Furthermore, we carefully analyse external factors that impact market dynamics. A key aspect of our report is the comprehensive company profiles and competitive analysis. This provides invaluable insights into market players' market role, overview, operating business segments, products, and financial performance. By evaluating crucial metrics like production volume, sales volume, and sales margin, we offer a comprehensive understanding of their market position.
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Segmentation of Botanical Extracts Market:
· Powder
· Liquid
By Source
· Herbs and Spices
· Fruits
By Application
· Beverage
· Personal care
· Pharmaceutical
· Nutraceuticals
Region and Country level Analysis:
§ North America (U.S., Canada, Mexico)
§ Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
§ Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
§ Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
§ Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
§ South America (Brazil, Argentina, Rest of SA)
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The latest research on the Botanical Extracts Market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Botanical Extracts Market industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Botanical Extracts Market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
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