Europe Plant Extracts Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Form (Liquid, Powder, and Paste), Source (Fruits and Vegetables, Herbs and Spices, Flowers, and Others), and Application (Food and Beverages, Pharmaceuticals and Nutraceuticals, Personal Care, and Others)
The plant extracts market in Europe is expected to grow from US$ 7,357.90 million in 2022 to US$ 11,050.83 million by 2028; it is estimated to grow at a CAGR of 7.0% from 2022 to 2028.
The demand for herbal products is increasing among consumers. Herbal and natural products are considered as healthier alternatives to synthetic products. Plant extracts are used in the manufacturing of herbal food and beverages, herbal medicines, and herbal cosmetic products. Moreover, the demand for herbal products is increasing due to the rising awareness about the therapeutic properties of herbs. Plant extracts are primarily added to cosmetic formulations due to their antioxidant, anti-inflammatory, antiseptic, and antimicrobial properties. The demand for herbal cosmetics and personal care products is increasing. Herbal cosmetics products are claimed to have efficacy and intrinsic acceptability as consumers routinely use these products in daily life over synthetic products to avoid the side effects. Manufacturers are also developing strategies to invest in the cosmetics industry. Thus, the increasing demands for herbal skin care products are driving the growth of the plant extracts market.
Europe Plant Extracts Market Revenue and Forecast to 2028 (US$ Million)
Europe Plant Extracts Market Segmentation
The Europe plant extracts market is segmented on the basis of form, source, application, and country. Based on form, the market is segmented into liquid, powder, and paste. The liquid segment dominated the market in 2022. Based on source, the market is segmented into fruits and vegetables, herbs and spices, flowers, and others. The herbs and spices segment dominated the market in 2022. Based on application, the Europe plant extracts market is segmented into food and beverages, pharmaceuticals and nutraceuticals, personal care, and others. The food and beverages segment dominated the market in 2022. Based on country, the Europe plant extracts market is segmented into Germany, France, Italy, the UK, Russia, and the rest of Europe. Further, the rest of Europe dominated the market in 2022.
A few of the key players dominating the Europe plant extracts market are Dohler; Givaudan S.A.; Ingredion Inc.; International Flavors & Fragrances, Inc.; Kemin Industries, Inc.; Kerry Group Plc; Sensient Technologies Corporation; Symrise; and Synergy Flavors.
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- 1. Introduction
- 1.1 Study Scope
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 2. Key Takeaways
- 3. Research Methodology
- 3.1 Scope of the Study
- 3.2 Research Methodology
- 3.2.1 Data Collection:
- 3.2.2 Primary Interviews:
- 3.2.3 Hypothesis Formulation:
- 3.2.4 Macro-economic Factor Analysis:
- 3.2.5 Developing Base Number:
- 3.2.6 Data Triangulation:
- 3.2.7 Country Level Data:
- 4. Europe Plant Extracts Market Landscape
- 4.1 Market Overview
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Competitive Rivalry
- 4.2.5 Threat of Substitutes
- 4.3 Expert Opinion
- 4.4 Ecosystem Analysis
- 5. Europe Plant Extracts Market – Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Growing Demand for Natural Ingredients in Food and Beverages
- 5.1.2 Rising Inclination toward Herbal Products
- 5.2 Market Restraints
- 5.2.1 Regulatory Issues
- 5.3 Market Opportunities
- 5.3.1 Strategic Development Initiatives by Manufacturers
- 5.4 Future Trends
- 5.4.1 Increasing Veganism Trend
- 5.5 Impact Analysis of Drivers and Restraints
- 6. Plant Extracts Market – Europe Analysis
- 6.1 Europe Plant Extracts Market Overview
- 6.2 Europe Plant Extracts Market –Revenue and Forecast to 2028 (US$ Million)
- 7. Europe Plant Extracts Market Analysis – By Form
- 7.1 Overview
- 7.2 Europe Plant Extracts Market, By Form (2021 and 2028)
- 7.3 Liquid
- 7.3.1 Overview
- 7.3.2 Liquid: Europe Plant Extracts Market – Revenue and Forecast to 2028 (US$ Million)
- 7.4 Powder
- 7.4.1 Overview
- 7.4.2 Powder: Europe Plant Extracts Market – Revenue and Forecast to 2028 (US$ Million)
- 7.5 Paste
- 7.5.1 Overview
- 7.5.2 Paste: Europe Plant Extracts Market – Revenue and Forecast to 2028 (US$ Million)
- 8. Europe Plant Extracts Market Analysis – By Source
- 8.1 Overview
- 8.2 Europe Plant Extracts Market, By Source (2021 and 2028)
- 8.3 Fruits and Vegetables
- 8.3.1 Overview
- 8.3.2 Fruits and Vegetables: Europe Plant Extracts Market – Revenue and Forecast to 2028 (US$ Million)
- 8.4 Herbs and Spices
- 8.4.1 Overview
- 8.4.2 Herbs and Spices: Europe Plant Extracts Market – Revenue and Forecast to 2028 (US$ Million)
- 8.5 Flowers
- 8.5.1 Overview
- 8.5.2 Flowers: Europe Plant Extracts Market – Revenue and Forecast to 2028 (US$ Million)
- 8.6 Others
- 8.6.1 Overview
- 8.6.2 Others: Europe Plant Extracts Market – Revenue and Forecast to 2028 (US$ Million)
- 9. Europe Plant Extracts Market Analysis – By Application
- 9.1 Overview
- 9.2 Europe Plant Extracts Market, By Application (2021 and 2028)
- 9.3 Food and Beverages
- 9.3.1 Overview
- 9.3.2 Food and Beverages: Europe Plant Extracts Market– Revenue and Forecast to 2028 (US$ Million)
- 9.4 Pharmaceuticals and Nutraceuticals
- 9.4.1 Overview
- 9.4.2 Pharmaceuticals and Nutraceuticals: Europe Plant Extracts Market– Revenue and Forecast to 2028 (US$ Million)
- 9.5 Personal Care
- 9.5.1 Overview
- 9.5.2 Personal Care: Europe Plant Extracts Market– Revenue and Forecast to 2028 (US$ Million)
- 9.6 Others
- 9.6.1 Overview
- 9.6.2 Others: Europe Plant Extracts Market– Revenue and Forecast to 2028 (US$ Million)
- 10. Europe Plant Extracts Market – Country Analysis
- 10.1 Overview
- 10.1.1 Europe: Plant Extracts Market, by Key Country
- 10.1.1.1 Germany: Plant Extracts Market – Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.1.1 Germany: Plant Extracts Market, by Form
- 10.1.1.1.2 Germany: Plant Extracts Market, by Source
- 10.1.1.1.3 Germany: Plant Extracts Market, by Application
- 10.1.1.2 France: Plant Extracts Market – Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.2.1 France: Plant Extracts Market, by Form
- 10.1.1.2.2 France: Plant Extracts Market, by Source
- 10.1.1.2.3 France: Plant Extracts Market, by Application
- 10.1.1.3 UK: Plant Extracts Market – Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.3.1 UK: Plant Extracts Market, by Form
- 10.1.1.3.2 UK: Plant Extracts Market, by Source
- 10.1.1.3.3 UK: Plant Extracts Market, by Application
- 10.1.1.4 Italy: Plant Extracts Market – Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.4.1 Italy: Plant Extracts Market, by Form
- 10.1.1.4.2 Italy: Plant Extracts Market, by Source
- 10.1.1.4.3 Italy: Plant Extracts Market, by Application
- 10.1.1.5 Russia: Plant Extracts Market – Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.5.1 Russia: Plant Extracts Market, by Form
- 10.1.1.5.2 Russia: Plant Extracts Market, by Source
- 10.1.1.5.3 Russia: Plant Extracts Market, by Application
- 10.1.1.6 Rest of Europe: Plant Extracts Market – Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.6.1 Rest of Europe: Plant Extracts Market, by Form
- 10.1.1.6.2 Rest of Europe: Plant Extracts Market, by Source
- 10.1.1.6.3 Rest of Europe: Plant Extracts Market, by Application
- 11. Industry Landscape
- 11.1 Overview
- 11.2 Product launch
- 11.3 Merger & Acquisition
- 11.4 Expansion
- 11.5 Partnership
- 11.6 Company News
- 12. Company Profiles
- 12.1 Sensient Technologies Corporation
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
- 12.2 Givaudan S.A.
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
- 12.3 Symrise
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
- 12.4 Dohler
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
- 12.5 Synergy Flavors
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
- 12.6 International Flavors and Fragrances Inc.
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
- 12.7 Kerry Group Plc
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
- 12.8 Ingredion Inc.
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
- 12.9 Kemin Industries, Inc.
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
- 13. Appendix
- 13.1 About The Insight Partners
- 13.2 Word Index
- LIST OF TABLES
- Table 1. Europe Plant Extracts Market –Revenue and Forecast to 2028 (US$ Million)
- Table 2. Germany Plant Extracts Market, by Form – Revenue and Forecast to 2028 (US$ Million)
- Table 3. Germany Plant Extracts Market, by Source – Revenue and Forecast to 2028 (US$ Million)
- Table 4. Germany Plant Extracts Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 5. France Plant Extracts Market, by Form – Revenue and Forecast to 2028 (US$ Million)
- Table 6. France Plant Extracts Market, by Source – Revenue and Forecast to 2028 (US$ Million)
- Table 7. France Plant Extracts Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 8. UK Plant Extracts Market, by Form – Revenue and Forecast to 2028 (US$ Million)
- Table 9. UK Plant Extracts Market, by Source – Revenue and Forecast to 2028 (US$ Million)
- Table 10. UK Plant Extracts Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 11. Italy Plant Extracts Market, by Form – Revenue and Forecast to 2028 (US$ Million)
- Table 12. Italy Plant Extracts Market, by Source – Revenue and Forecast to 2028 (US$ Million)
- Table 13. Italy Plant Extracts Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 14. Russia Plant Extracts Market, by Form – Revenue and Forecast to 2028 (US$ Million)
- Table 15. Russia Plant Extracts Market, by Source – Revenue and Forecast to 2028 (US$ Million)
- Table 16. Russia Plant Extracts Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 17. Rest of Europe Plant Extracts Market, by Form – Revenue and Forecast to 2028 (US$ Million)
- Table 18. Rest of Europe Plant Extracts Market, by Source – Revenue and Forecast to 2028 (US$ Million)
- Table 19. Rest of Europe Plant Extracts Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 20. List of Abbreviation
- LIST OF FIGURES
- Figure 1. Europe Plant Extracts Market Segmentation
- Figure 2. Europe Plant Extracts Market Segmentation – By Country
- Figure 3. Europe Plant Extracts Market Overview
- Figure 4. Europe Plant Extracts Market: By Form
- Figure 5. Europe Plant Extracts Market: By Country
- Figure 6. Porter's Five Forces Analysis
- Figure 7. Expert Opinion
- Figure 8. Ecosystem: Europe Plant Extracts Market
- Figure 9. Sign Ups for Veganuary Campaign During 2015–2021
- Figure 10. Europe Plant Extracts Market Impact Analysis of Drivers and Restraints
- Figure 11. Europe Plant Extracts Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 12. Europe Plant Extracts Market Revenue Share, By Form (2021 and 2028)
- Figure 13. Liquid: Europe Plant Extracts Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 14. Powder: Europe Plant Extracts Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 15. Paste: Europe Plant Extracts Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 16. Europe Plant Extracts Market Revenue Share, By Source (2021 and 2028)
- Figure 17. Fruits and Vegetables: Europe Plant Extracts Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 18. Herbs and Spices: Europe Plant Extracts Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 19. Flowers: Europe Plant Extracts Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 20. Others: Europe Plant Extracts Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 21. Europe Plant Extracts Market Revenue Share, By Application (2021 and 2028)
- Figure 22. Food and Beverages: Europe Plant Extracts Market– Revenue and Forecast to 2028 (US$ Million)
- Figure 23. Pharmaceuticals and Nutraceuticals: Europe Plant Extracts Market– Revenue and Forecast to 2028 (US$ Million)
- Figure 24. Personal Care: Europe Plant Extracts Market– Revenue and Forecast to 2028 (US$ Million)
- Figure 25. Others: Europe Plant Extracts Market– Revenue and Forecast to 2028 (US$ Million)
- Figure 26. Europe: Plant Extracts Market , by key Country– Revenue (2021) (US$ Million)
- Figure 27. Europe: Plant Extracts Market Revenue Share, by Key Country (2021 and 2028)
- Figure 28. Germany: Plant Extracts Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 29. France: Plant Extracts Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 30. UK: Plant Extracts Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 31. Italy: Plant Extracts Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 32. Russia: Plant Extracts Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 33. Rest of Europe: Plant Extracts Market – Revenue and Forecast to 2028 (US$ Million)
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