An extract is a substance prepared by extracting a part of raw material, often by using a solvent such as ethanol or water. Botanical extract is drawing specific compounds from natural plant material. It is herbal products ingredient derived from various plants. Botanical extracts are extensively used ingredients in food and beverage industry, owing to their superior organoleptic characteristics and improved nutritional profile.
MARKET DYNAMICS
Rising awareness regarding the side-effects of synthetic flavors across the globe is driving the demand for botanical extracts market. Furthermore, the growth of the clean label trend across food & beverage markets is also projected to influence the botanical extracts market significantly. Moreover increasing demand for healthy and natural ingredients among the consumer in the developed countries is anticipated to have a robust impact in the botanical extracts market. Increase in the need for tertiary processed food is expected to generate untapped opportunity for the market participants.
MARKET SCOPE
The "Global Botanical Extracts Market Analysis to 2028" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of botanical extracts market with detailed market segmentation by technology, type and geography. The global botanical extracts market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading botanical extracts market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global botanical extracts market is segmented on the basis of source, form and application. Based on source, the market is segmented into spices, herbs, flowers, and tea leaves. On the basis of the form the market is segmented into powder, and liquid. On the basis of the application the market is segmented into food and beverages.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global botanical extracts market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The botanical extracts market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting botanical extracts market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the botanical extracts market in these regions.
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MARKET PLAYERSThe reports cover key developments in the botanical extracts market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from botanical extracts market are anticipated to lucrative growth opportunities in the future with the rising demand for botanical extracts in the global market. Below mentioned is the list of few companies engaged in the botanical extracts market.
The report also includes the profiles of key botanical extracts companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
-Blue Sky Botanics Ltd
-Dohler
-Frutarom Industries Ltd.
-Kalsec Inc.
-P.T. Haldin Pacific Semesta
-Prinova Group LLC.
-PT. INDESSO AROMA.
-Ransom Naturals Ltd
-Synergy Flavors Inc
-Synthite Industries Private Ltd.
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