Plant Extracts Market Worldwide Opportunities, Driving Forces and Future Growth Potential, 2013 - 2028
The growing demand for traditional herbal medicines and botanical products is driving the growth of the market. The plant extracts industry is further driven by the growing demand for homeopathy medicines and herbal skin care products.
(firmenpresse) - The global plant extracts market is estimated to witness a staggering CAGR by the year 2028.“Ultrasonication Assisted Extraction (UAE) involves ultrasonic acoustic cavitation technology that vibrates and accelerates the diffusion of solid into solvent phase. This high-frequency and high-intensity technology eliminates the need for complex machinery, it is widely used across both small and large scale industries and is relatively cost-effective.”
The growing demand for traditional herbal medicines and botanical products is driving the growth of the market. The plant extracts industry is further driven by the growing demand for homeopathy medicines and herbal skin care products. The advent of advanced technologies is minimizing the need for labor and is enhancing the productivity, which will significantly surge the development of plant extracts market during the upcoming years.
The plant extract market is segmented based on type mainly into spices which includes pepper fennel, coriander, natural extracts and essential oils. Natural extracts and essential oils include eucalyptus oil, citrus oil, mint oil, and others, fragrances and flavors. Fragrance and flavors include lemon balm, clary sage, chamomile, herbal extracts and phytomedicines. Herbal extracts include hops, ginseng and phytochemicals which includes protein inhibitors, phenolic compounds, and others.
Based on its form, the market has been segmented into liquid, power and others. Based on ingredient used, the segmentation includes Carotenoids, Phytosterols, Flavanoids, and others. Furthermore, the application segmentation includes food & beverages, pharmaceuticals, chemicals, cosmetics and others. Also, the food & beverage sector has been sub-divided into functional food and food additive.
In order to study the span of the industry, the plants extract market has been geographically segmented into the five key regions of North America, Europe, the Asia Pacific, the Middle East, and Africa, and Latin America. North America is holding the largest market share and the Asia Pacific is the fastest growing region attributed to the growing popularity of organic dietary supplements. The use of herbal practice or Ayurveda is a common practice in Asia and Africa since ancient ages to alleviate a wide array of ailments.
Some of the key players of the plant extracts market comprise Alkaloids Corp., Indena, Ingredia Nutritional, Berrypharma AG, Organic Herb Inc., Phytovation Ltd., Plant Extracts International Inc., Naturex, Prinova Group, Sigma-Aldrich Co. LLC, Kuber Impex Ltd., QUALIPHAR, Kangcare Bioindustry Co. Ltd., Lehmann & Voss & Co. Kg, Nantong Sihai Plant Extracts Co., Ltd., and Linnea S.A. among others.
The market participants have identified the major supply chain mechanism, distribution channels, industry cost structure and production capabilities. Considering the changing competitive dynamics and the current scenario of the industry, it has set the market to grow at an exponential rate during the forecast years.
Themen in dieser Pressemitteilung:
plant-extracts-market
food-processing
plant-extracts-market-news
global-plant-extracts-industry-size
plant-extracts-market-share
plant-extracts-market-demand
plant-extracts-market-analysis
plant-extracts-market-research
plant-extracts-market-forec
Unternehmensinformation / Kurzprofil:
Million Insights Inc. is a holistic market research database. With more than a million data points in the repository, we are the only organization providing end-to-end market research solutions. Our proprietary market research solution platform is designed to be completely flexible providing you with the power to personalize.
"Million Insights
Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States
Phone: +1-408-610-2300
Toll Free: +1-866-831-4085
Email: sales(at)millioninsights.com"
Datum: 01.07.2020 - 11:37 Uhr
Sprache: Deutsch
News-ID 615684
Anzahl Zeichen: 3355
contact information:
Contact person: Tom Clark
Town:
Felton
Phone: 14086102300
Kategorie:
Food
Typ of Press Release: Financial
type of sending: don't
Date of sending: 01.07.2020
Diese Pressemitteilung wurde bisher 257 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Plant Extracts Market Worldwide Opportunities, Driving Forces and Future Growth Potential, 2013 - 2028"
steht unter der journalistisch-redaktionellen Verantwortung von
Million Insights (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
