North America Botanical Extract Market - Industry Trends and Forecast to 2029
North America botanical extract market is projected to register a 5.7% CAGR in the forecast period of 2021 to 2029. The new market report contains data for the historic year 2020, the base year of calculation is 2021, and the forecast period is 2022 to 2029.
Market Segmentation
North America Botanical Extract Market, By Type (Spice Extracts, Herb Extracts, Flower Extracts, Tea Extracts, Fruit Extracts, and Marine Plant Extracts), Form (Liquid, Powder, and Leaf Extracts), Product Type (Organic and Conventional), Application (Nutraceutical, Food Products, Pharmaceutical, Personal Care & Cosmetics, Beverages, Aromatherapy, Sport Nutrition, Animal Feed, and Others), Country (U.S., Canada, and Mexico) Industry Trends and Forecast to 2029
Some of the major factors contributing to the growth of the North America botanical extract market are:
• Increasing disposable income in emerging economies
• Increasing demand for clean-label products
Market Players
The key players operating in the North America botanical extract market are:
• Givaudan
• Kerry Group plc
• DSM
• Sensient Technologies Corporation
• Ingredion Incorporated
• McCormick & Company, Inc.
• Provital
• Martin Bauer Group
• Organic Herb Inc
• Kalsec Inc.
• Symrise
• Synthite Industries Ltd.
• International Flavors & Fragrances Inc.
• Carrubba, Inc
• Blue Sky Botanics
• DÖHLER GmbH
• Bio Botanica, Inc.
• Bio-gen Extracts Private Limited
• Plantnat
• Native Extracts Pty Ltd
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