Global Botanical and Herbal Extracts Market Growth 2023-2029

Global Botanical and Herbal Extracts Market Growth 2023-2029

LPI (LP Information)' newest research report, the “Botanical and Herbal Extracts Industry Forecast” looks at past sales and reviews total world Botanical and Herbal Extracts sales in 2022, providing a comprehensive analysis by region and market sector of projected Botanical and Herbal Extracts sales for 2023 through 2029. With Botanical and Herbal Extracts sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Botanical and Herbal Extracts industry.

This Insight Report provides a comprehensive analysis of the global Botanical and Herbal Extracts landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Botanical and Herbal Extracts portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Botanical and Herbal Extracts market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Botanical and Herbal Extracts and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Botanical and Herbal Extracts.

The global Botanical and Herbal Extracts market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Information on the side effects and health benefits of synthetic flavors provided by botanicals and herbal extracts has greatly boosted the market for plant extracts. In addition, due to the growth of R & D activities in the plant extracts market and the popularity of convenience foods, the demand for plant extracts in the food and beverage industry is growing. As consumer awareness of the health benefits of botanicals and herbal extracts continues to increase, demand for various applications, including skin care, health care, functional foods, health foods, and cosmetics, has increased dramatically. In addition, improper use of antibiotics can cause resistance to certain bacterial strains, which can lead to fatal consequences. These conditions have stimulated demand for botanical drugs and supplements. Herbs are gaining more and more popularity as they primarily protect against several infections and are considered a better alternative to existing and emerging drug-resistant (ADR) pathogens.

This report presents a comprehensive overview, market shares, and growth opportunities of Botanical and Herbal Extracts market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Leaves
Flowers and Bulbs
Rhizomes and Roots
Barks and Stems
Others

Segmentation by application
Pharmaceuticals and Dietary Supplements
Food and Beverages
Cosmetics
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Givaudan
Sensient Technologies
Symrise AG
Kangcare Bioindustry
Jiahe Phytochem
Haldin Pacific Semesta
Aroma

Key Questions Addressed in this Report

What is the 10-year outlook for the global Botanical and Herbal Extracts market?

What factors are driving Botanical and Herbal Extracts market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Botanical and Herbal Extracts market opportunities vary by end market size?

How does Botanical and Herbal Extracts break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.