Leading Plant Extracts Country Markets Databank
The Plant Extracts market was valued at $25,417.2 Million in 2020, and is projected to reach $37,857.9 Million by 2029 growing at a CAGR of 4.58% from 2021 to 2029. North America is expected to be the highest contributor to this market, with $8,235.2 Million in 2020, and is anticipated to reach $10,700.8 Million by 2029, registering a CAGR of 2.99%. Asia-Pacific is anticipated to reach $13,586.0 Million by 2029 with the highest CAGR of 6.47%. North America and Asia-Pacific collectively expected to account for about 62.9% share of the Plant Extracts market in 2020, with the former constituting around 32.4% share. Asia-Pacific and Europe are expected to witness significant growth rates at a CAGR of 6.47% and 3.40% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 58.1% in the overall Plant Extracts market in 2020, and is anticipated to reach 60.8% by 2029.
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