Plant extracts contain therapeutic agents, which are widely used in the pharmaceutical segment across the globe. Increasing costs of conventional allopathic medicines and associated side effects such as nausea, vomiting, and diarrhea due to pain killers are driving growth of the market for herbal medicines. Moreover, rising adoption of preventative medicines and increasing awareness towards health benefits associated with herbal medicines are fueling growth of the market. According to the World Health Organization, the demand for herbal medicines from plant extracts is expected to reach US$ 5 trillion by 2050. Growing trend of self-medication and increasing adoption of herbal products in self-care medication is expected to drive growth of the plant extracts market.
Market Dynamics
Europe is projected to hold a dominant position in the global plant extracts market, followed by Asia Pacific and North America over the forecast period. The growth of the market in Europe is driven by the increasing demand for plant-based ingredients in cosmetics coupled with the rising trend of natural cosmetics.
Key features of the study:
- This report provides an in-depth analysis of global plant extracts market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global plant extracts market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include Symrise AG, Sensient Technologies Corporation, International Flavors & Fragrance Inc., Givaudan, Synergy Flavors, Synthite Industries Private LTD, PT Indesso Aroma, Vidya Herbs Private Ltd., Nutra Green Biotechnology Co. Ltd, Kalsec Inc., Indena S.p.A., Naturex Inc., V. Mane Fils SA, Kalsec, Inc., and Döhler GmbH
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
- The global plant extracts market report caters to various stakeholders in this industry including investors, suppliers, Plant Extracts manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global plant extracts market
Detailed Segmentation:
- Global Plant Extracts Market, By Product Type:
- Global Plant Extracts Market, By Form:
- Global Plant Extracts Market, By Distribution Channel:
- Pharmaceuticals
- Food and Beverages
- Personal Care
- Others
- Global Plant Extracts Market, By Region:
- North America
- Latin America
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- By Country:
- Germany
- U.K
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Country:
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa
- Company Profiles
- Symrise AG
- Company Overview
- Product Portfolio
- Key Strategies
- Recent Developments
- Future Plans
- Sensient Technologies Corporation
- International Flavors & Fragrance Inc.
- Givaudan
- Synergy Flavors
- Synthite Industries Private LTD
- PT Indesso Aroma
- Vidya Herbs Private Ltd.
- Nutra Green Biotechnology Co. Ltd
- Kalsec Inc.
- Indena S.p.A.
- Naturex Inc.
- Mane Fils SA
- Kalsec, Inc.
- Döhler GmbH
“*” marked represents similar segmentation in other categories in the respective section
