North America Plant Extracts Market Size, Share & Industry Trends Analysis Report By Application (Food & Beverages, Cosmetics, Pharmaceuticals, Dietary Supplements), By Source, By Form, By Product Type, By Country and Growth Forecast, 2022 – 2028
The North America Plant Extracts Market would witness market growth of 11.2% CAGR during the forecast period (2022-2028).
Natural sweeteners are often products generated by extracting and treating naturally occurring synthetic sweet ingredients in naturally occurring plants. Low-intensity sweeteners, like sucrose and beet sugar and high-intensity sweeteners, like mogrosides, steviol glycosides, licorice extracts, sweet tea glycosides, and neohesperidin dihydrochalcone can be classified according to their sweetness. The primary trend in the food and beverage sector right now is the substitution of sugar with natural, high-strength sweeteners.
The most important sources of biomolecules that can be filtered from plant components are considered to be plant extracts. These biomolecules can be extracted from medicinal plants using a variety of solvents and extraction techniques. Filtration, Soxhlet, and thorough techniques are frequently used to extract plant extracts and biomolecules from plants. A sufficient number of biomolecules and extracts with superior antimicrobial outcomes must be successfully extracted using a variety of solvents with varied polarity, from polar to nonpolar. The best solvent systems for extracting plant materials are ethyl-aceted, dichloromethane, hexane, chloroform, acetone, butanol, and/or their proper ratio combinations.
The inclusion of plant extracts within food and beverage items in the United States is fueled by the rapid expansion of the regional industry along with a high demand for healthy food. According to the United States Department of Agriculture, in 2017, there were 36,486 food and beverage manufacturing facilities, which were controlled by approximately 31,401 businesses. Utilizing labor, energy, machinery, and scientific knowledge, food and beverage manufacturing facilities turn raw agricultural supplies into goods for final or intermediate consumption. Some goods might be used as raw materials for additional processing. Due to an upsurge in the adoption of plant extracts within regional food and beverage products, the growth of the regional market is expanding rapidly.
The US market dominated the North America Plant Extracts Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $12,897.7 million by 2028. The Canada market is registering a CAGR of 13.7% during (2022 - 2028). Additionally, The Mexico market would showcase a CAGR of 12.7% during (2022 - 2028).
Based on Application, the market is segmented into Food & Beverages, Cosmetics, Pharmaceuticals, Dietary Supplements, and Others. Based on Source, the market is segmented into Herbs & Spices, Fruits & Vegetables, and Flowers. Based on Form, the market is segmented into Dry and Liquid. Based on Product Type, the market is segmented into Oleoresins, Essential Oils, Flavonoids, Alkaloids, Carotenoids, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include International Flavors & Fragrances, Inc., Kerry Group PLC, Archer Daniels Midland Company, Carbery Group Ltd., Koninklijke DSM N.V., Döhler Gmbh, Symrise AG, Givaudan S.A., Synthite Industries Pvt. Ltd., and Kalsec Inc.
Scope of the Study
Market Segments covered in the Report:
By Application
- Food & Beverages
- Cosmetics
- Pharmaceuticals
- Dietary Supplements
- Others
- Herbs & Spices
- Fruits & Vegetables
- Flowers
- Dry
- Liquid
- Oleoresins
- Essential Oils
- Flavonoids
- Alkaloids
- Carotenoids
- Others
- US
- Canada
- Mexico
- Rest of North America
- International Flavors & Fragrances, Inc.
- Kerry Group PLC
- Archer Daniels Midland Company
- Carbery Group Ltd.
- Koninklijke DSM N.V.
- Döhler Gmbh
- Symrise AG
- Givaudan S.A.
- Synthite Industries Pvt. Ltd.
- Kalsec Inc.
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- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Plant Extracts Market, by Application
- 1.4.2 North America Plant Extracts Market, by Source
- 1.4.3 North America Plant Extracts Market, by Form
- 1.4.4 North America Plant Extracts Market, by Product Type
- 1.4.5 North America Plant Extracts Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market composition and scenario
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
- Chapter 3. Competition Analysis - Global
- 3.1 KBV Cardinal Matrix
- 3.2 Recent Industry Wide Strategic Developments
- 3.2.1 Partnerships, Collaborations and Agreements
- 3.2.2 Product Launches and Product Expansions
- 3.2.3 Acquisition and Mergers
- 3.2.4 Business Expansion
- 3.3 Top Winning Strategies
- 3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
- 3.3.2 Key Strategic Move: (Acquisitions and Mergers: 2018, Oct – 2022, Apr) Leading Players
- Chapter 4. North America Plant Extracts Market by Application
- 4.1 North America Food & Beverages Market by Country
- 4.2 North America Cosmetics Market by Country
- 4.3 North America Pharmaceuticals Market by Country
- 4.4 North America Dietary Supplements Market by Country
- 4.5 North America Others Market by Country
- Chapter 5. North America Plant Extracts Market by Source
- 5.1 North America Herbs & Spices Market by Country
- 5.2 North America Fruits & Vegetables Market by Country
- 5.3 North America Flowers Market by Country
- Chapter 6. North America Plant Extracts Market by Form
- 6.1 North America Dry Market by Country
- 6.2 North America Liquid Market by Country
- Chapter 7. North America Plant Extracts Market by Product Type
- 7.1 North America Oleoresins Market by Country
- 7.2 North America Essential Oils Market by Country
- 7.3 North America Flavonoids Market by Country
- 7.4 North America Alkaloids Market by Country
- 7.5 North America Carotenoids Market by Country
- 7.6 North America Others Market by Country
- Chapter 8. North America Plant Extracts Market by Country
- 8.1 US Plant Extracts Market
- 8.1.1 US Plant Extracts Market by Application
- 8.1.2 US Plant Extracts Market by Source
- 8.1.3 US Plant Extracts Market by Form
- 8.1.4 US Plant Extracts Market by Product Type
- 8.2 Canada Plant Extracts Market
- 8.2.1 Canada Plant Extracts Market by Application
- 8.2.2 Canada Plant Extracts Market by Source
- 8.2.3 Canada Plant Extracts Market by Form
- 8.2.4 Canada Plant Extracts Market by Product Type
- 8.3 Mexico Plant Extracts Market
- 8.3.1 Mexico Plant Extracts Market by Application
- 8.3.2 Mexico Plant Extracts Market by Source
- 8.3.3 Mexico Plant Extracts Market by Form
- 8.3.4 Mexico Plant Extracts Market by Product Type
- 8.4 Rest of North America Plant Extracts Market
- 8.4.1 Rest of North America Plant Extracts Market by Application
- 8.4.2 Rest of North America Plant Extracts Market by Source
- 8.4.3 Rest of North America Plant Extracts Market by Form
- 8.4.4 Rest of North America Plant Extracts Market by Product Type
- Chapter 9. Company Profiles
- 9.1 International Flavors & Fragrances, Inc.
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segment & Regional Analysis
- 9.1.4 Research & Development Expense
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Product Launches and Product Expansions:
- 9.1.5.2 Acquisition and Mergers:
- 9.2 Kerry Group PLC
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expenses
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Product Launches and Product Expansions:
- 9.2.5.2 Acquisition and Mergers:
- 9.3 Archer Daniels Midland Company
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expense
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Acquisition and Mergers:
- 9.4 Carbery Group Ltd.
- 9.4.1 Company Overview
- 9.4.2 Recent strategies and developments:
- 9.4.2.1 Acquisition and Mergers:
- 9.5 Koninklijke DSM N.V.
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expense
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Acquisition and Mergers:
- 9.6 Döhler Gmbh
- 9.6.1 Company Overview
- 9.6.2 Recent strategies and developments:
- 9.6.2.1 Acquisition and Mergers:
- 9.7 Symrise AG
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expense
- 9.7.5 Recent strategies and developments:
- 9.7.5.1 Product Launches and Product Expansions:
- 9.7.5.2 Acquisition and Mergers:
- 9.8 Givaudan S.A.
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research & Development Expense
- 9.8.5 Recent strategies and developments:
- 9.8.5.1 Partnerships, Collaborations, and Agreements:
- 9.8.5.2 Product Launches and Product Expansions:
- 9.9 Synthite Industries Pvt. Ltd.
- 9.9.1 Company Overview
- 9.9.2 Recent strategies and developments:
- 9.9.2.1 Business Expansions:
- 9.10. Kalsec Inc.
- 9.10.1 Company Overview
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