Global Plant Extracts Market Size, Forecasts, And Opportunities – Includes Plant Extracts Market Growth
Learn about the global plant extracts market through The Business Research Company, which provides information on plant extracts market size, plant extracts market drivers and restraints, plant extracts market players, the COVID-19 impact on the plant extracts market, and more.
The global plant extracts market is expected to grow from $22.67 billion in 2021 to $25.35 billion in 2022 at a compound annual growth rate (CAGR) of 11.8%. The global plant extract market size is expected to grow to $35.18 billion in 2026 at a CAGR of 8.5%.
The rapid growth in the vegan trend is significantly contributing to the growth of the plant extract market.
Request A Sample For The Global Plant Extracts Market Report:
The plant extracts market consists of sales of plant extracts by entities (organizations, sole traders, and partnerships) that are used in natural pigments, traditional Chinese medicine, food additives, daily chemicals, medicines, and cosmetics. Plant extracts are screened through an extraction and separation process in which plants are used as raw materials. They can be solid, liquid, or soft extracts.
Global Plant Extracts Market Segments Include:
By Type: Spices, Essential Oils and Natural Extracts, Flavors and Fragrance, Phytomedicines and Herbal Extracts, Phytochemicals, Others
By Source: Fruits, Flowers and Bulbs, Leaves, Rhizomes and Roots, Barks and Stems, Others
By Application: Pharmaceuticals, Food and Beverages, Cosmetics, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific is the largest region in the global plant extracts market in 2021.
Increasing technological advancements have emerged as the key trend gaining popularity in the plant extract market. Companies operating in the plant extract sector are focused on developing new technological solutions to reinforce their position.
Major Market Players: Naturex, Berkem, Kuber Impex Ltd, Network Nutrition, Organic Herb Inc, Qualiphar-Gifrer, Givaudan, Arjuna Natural Pvt Ltd, Synthite Industries Private Ltd, Martin Bauer Group, Tokiwa Phytochemical Co Ltd, Native Extracts Pty Ltd, Symrise, Sensient Technologies Corporation, Indesso, Vidya Herbs, Plant Extracts International Inc, Indena, Nutra Green Biotechnology Co. Ltd, Nantong Sihai Plant Extracts Co. Ltd, Schwabe, Provital Group, and Chenguang Biotech.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Plant Extracts Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides plant extracts market overviews, analyzes and forecasts market size, share, plant extracts market players, plant extracts market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s plant extracts market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Here Is A List Of Similar Reports From The Business Research Company:
Interested To Know More About The Business Research Company?
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
Read More About Us At https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Follow us on Facebook: https://www.facebook.com/TheBusinessResearchCompany
Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company
Follow us on Twitter: https://twitter.com/tbrc_info
Check out our Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: