Worldwide Botanical Extracts Market Projected to Grow at CAGR of 8.7% by Forecast to 2023

Botanical Extracts Market Information: by Source (Herbs, Fruits, Flowers, Leaves and Spices), Form (Powder, Liquid), Application (Food, Beverages, FMCG Non-Foods and Cosmetics, Pharmaceuticals, Nutraceuticals and Animal Feed) and Region– forecast till 2023

pune, India - April 17, 2018 /MarketersMedia/ —

Market Overview:
Botanical extracts are natural extracts which are prepared from the plant source which primarily includes herbs, fruits, flowers, leaves, spices and others. Botanical extracts are rich in essential oils and other natural ingredients such as phenols, terpenoids, resins and others which are used in preparation of food, beverages, medicines, nutraceuticals and other food products owing to its therapeutic property. For example, green tea leaves are used for beverage and medicinal purpose owing to their high polyphenolic content along with properties like antioxidant, anti-carcinogenic, and anti-inflammation. Commonly available botanical extracts are in the form of powder, liquids, and others.

Botanical Extracts Market is projected to grow at a CAGR of 8.7% over the forecast period. Increasing demand for botanical extracts and green label ingredients in food & beverages, functional food, pharmaceuticals and animal feed has surged the growth of the botanical extracts market in this region. These extracts are rich in essential oils and other natural ingredients such as phenols, terpenoids, resins and others which holds a good therapeutic property. They are non- toxic and have negligible side effects. They are available in form of powder, liquid, and others.

Europe is anticipated to show a significant growth in the botanical extracts market over the forecast period 2017-2023. The U.K and France are leading this market and are expected to be dominating players over the review period. Also, Europe accounts for a higher consumption of chilly and pepper as a key ingredient in food preparation which is considered to be the key driving factor in this region.

Furthermore, consumer shift towards natural and green label products is boosting the demand for botanical extracts in European market. However, the limited availability of herbs, spices and other natural products is likely to hamper the market growth of botanical extracts market.

European botanical extracts market is anticipated to grow at a CAGR of 8.5% during the forecast period 2017-2023.

Receive a Sample Report @ https://www.marketresearchfuture.com/sample_request/4824

Major Key Players:
This report includes a study of strategies such as mergers, acquisitions, and product launches by the major botanical extracts players. It further includes product portfolios, developments of leading players, which includes

Blue Sky Botanics Ltd. (U.K)
Ransom Naturals Ltd. (U.K)
Frutarom Industries Ltd. (Israel)
Prinova Group LLC. (U.S.)
Synergy Flavors, Inc. (U.S.)
Kalsec Inc. (U.S.) and
BI Nutraceuticals Inc. (U.S.)

Key Findings:
Botanical extracts have a massive opportunity in the global functional foods market

Regulatory authorities such as the U.S. food and drug administration (FDA) has approved the use of botanical extracts in formulation of food, beverages, pharmaceutical, and nutraceuticals products.

Segments:
Botanical extracts are segmented on the basis of source, which includes herbs, fruits, flowers, leaves, spices, and others. Among all, spices hold the major market share followed by leaves. Spice extracts have shown a high growth owing to changing lifestyle and the tendency of exploring new foods. The most common spices used in food preparations include pepper, clove, cardamom, cinnamon, cumin, fennel, and coriander.

On the basis of the extract form, the botanical extracts market is segmented into powder, liquid and others. Among both, powdered form is dominating in the market. The foremost reason for the growth of powdered botanical extracts is its wide range product applicability which primarily includes dairy, meat and bakery products owing to its aroma and taste characteristics. Furthermore, powdered botanical extracts have a higher shelf life which is considered to be the key driving factor for this segment to grow.

On the basis of application, botanical extracts market is segmented into food, beverages, FMCG non-foods and cosmetics, pharmaceuticals, nutraceuticals, animal feed, and others. High use of botanical extracts in the food preparation is dominating the food segment owing to high use of botanical extracts in bakery & confectionary products and salad dressing. However, high demand for botanical extracts in beverages such as carbonated drinks, juices and other beverages is anticipated to uplift the global botanical extracts market in the review period.

Access Report Details @ https://www.marketresearchfuture.com/reports/botanical-extracts-market-4824

Regional Analysis:
The global botanical extracts market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). North America is dominating the botanical extracts market followed by Europe. The U.S. registered for a higher consumption of botanical extracts owing to increasing awareness about the benefits of consuming natural products. Additionally, consumption natural and healthy products with enhanced essence in food & beverages is considered to be the key driving factor in this region.

Moreover, increasing demand for organic and green label convenience foods products in European countries like the U.K., Germany and France are likely to boost the growth of the botanical extracts market during the assessment period.  Also, Europe accounts for a higher consumption of chilly and pepper as a key ingredient in various food preparation. Furthermore, the ongoing R&D activities in the extraction process of botanical extracts is likely to raise the growth of the botanical extracts market.

Contact Info:
Name: Abhishek
Organization: market research future
Address: Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India
Phone: 6468459312

Source URL: https://marketersmedia.com/worldwide-botanical-extracts-market-projected-to-grow-at-cagr-of-8-7-by-forecast-to-2023/331913

For more information, please visit https://www.marketresearchfuture.com/reports/botanical-extracts-market-4824

Source: MarketersMedia

Release ID: 331913

Latest News

Asian stocks fall as trade tensions take center stage

Jul 23, 2018

SINGAPORE — Asian markets were mostly lower on Monday as concerns over trade tensions moved to the forefront at the meeting this weekend of the Group of 20 industrial nations. KEEPING SCORE: Japan's Nikkei 225 tumbled 1.3 percent to 22,403.45 and South Korea's Kospi dropped 0.7 percent to 2,272.57. Hong Kong's Hang Seng slipped 0.1 percent to 28,200.33. The Shanghai Composite Index added 0.3 percent to 2,836.17, recouping Friday's losses. Australia's S&P-ASX 200 fell 0.8 percent to 6,233.50. WALL STREET: U.S. indexes closed slightly lower on Friday as a jump in bond yields helped banks but hurt big-dividend stocks. The...

Singapore: Hack of 1.5M patients' records targeted PM Lee

Jul 23, 2018

SINGAPORE — A cyberattack on Singapore's public health system breached records on 1.5 million people and targeted the prime minister, a two-time cancer survivor, officials said Friday. "The attackers specifically and repeatedly targeted Prime Minister Lee Hsien Loong's personal particulars and information on his outpatient dispensed medicines," the Ministry of Communications and Information and the Ministry of Health said in a joint statement. They said the cyberattack on July 4 was "deliberate, targeted and well-planned" and not the work of casual hackers or criminal gangs. Police investigations were ongoing, and a review of the SingHealth system will be conducted and...

Stocks drop after Trump says he's ready to step up trade war

Jul 23, 2018

SINGAPORE — World stock markets fell sharply Friday after U.S. President Donald Trump said he was prepared to put new tariffs on all Chinese imports, escalating the rhetoric in a trade war that could hit global economic growth. KEEPING SCORE: From being up slightly earlier in the day, European indexes were trading lower. Germany's DAX fell 0.5 percent to 12,622 while France's CAC 40 dropped 0.7 percent at 5,377. Britain's FTSE 100 fell 0.3 percent to 7,661. U.S. indexes were poised to open lower, with S&P 500 futures down 0.2 percent and Dow futures 0.4 percent lower. TRUMP TALK: Trump...

Asian markets fall as China, US ready for more tariffs

Jul 23, 2018

SINGAPORE — Asian markets wobbled Friday on signs that China and the U.S. were preparing to impose more tariffs on each other's products. KEEPING SCORE: Japan's Nikkei 225 lost 0.5 percent to 22,652.42 and South Korea's Kospi dropped less than 0.1 percent to 2,281.69. Hong Kong's Hang Seng slipped 0.6 percent to 27,858.02. The Shanghai Composite Index edged 0.1 percent lower to 2,769.06. Australia's S&P-ASX 200 bucked the regional trend, adding 0.4 percent to 6,286.00. WALL STREET: U.S. indexes finished mostly lower. The S&P 500 index lost 0.4 percent to 2,804.49 on Thursday. The Dow Jones Industrial Average gave up...

US optimism pushes stock markets mostly higher

Jul 23, 2018

SINGAPORE — World markets mostly rose Wednesday, spurred by the U.S. Federal Reserve's positive assessment of the U.S. economy and signs that industrial production is steady. KEEPING SCORE: Germany's DAX added 0.7 percent to 12,751 and the CAC 40 in France gained 0.5 percent to 5,451. The FTSE 100 index was 0.6 percent higher at 7,673. U.S. stocks were set for a flat open, with Dow and S&P 500 futures both roughly unchanged. ASIA'S DAY: Japan's benchmark Nikkei 225 gained 0.4 percent to 22,794.19. South Korea's Kospi lost 0.3 percent to 2,290.11 as the country's government downgraded its forecasts for...

Penggerak pasaran mengikut TradingView

About Us

Duniaga is Malaysia’s top local source for business news and information where people head to stay connected with the business news. We give daily in-depth analysis on the business happenings in the country.

Contact us: sales[at]duniaga.com

Subscribe Now!