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

Michael Buble shuts down rumors of retirement from music

Oct 18, 2018

LOS ANGELES — Michael Buble is shutting down rumors that he's going to retire from music, saying he was misquoted in a recent interview. Buble told The Associated Press on Tuesday that he is not planning on retiring anytime soon. He disputes an Oct. 13 interview published in the Daily Mail that said he would quit music after the release of his upcoming album "Love," due Nov. 16. The report suggested the Grammy-winning singer was stepping away from music for good following his son Noah's cancer battle, but Buble said the story is false. "I'll keep going until the news...

Illinois candidate once said harassment leads to promiscuity

Oct 18, 2018

CHICAGO — A former Miss America who is running for Illinois attorney general once said that many victims of sexual harassment believe what is said about them and "become very promiscuous," and that some young people who are called names such as "whore" or "slut" think: "That's what I want to be." Republican Erika Harold is stressing her experience as an anti-bullying advocate as she seeks the job of Illinois' top legal officer, running campaign ads and giving speeches to students about her own painful experiences. The topic also was her platform as the 2003 Miss America, a title that...

Roseanne's TV son: Filming 'The Conners' without Barr 'odd'

Oct 18, 2018

NEW YORK — "The Conners" star Michael Fishman says dealing with the cancellation of the "Roseanne" reboot was heartbreaking but describes the return of the cast in the revamped show without Roseanne Barr as a gift. Fishman was among "The Conners" stars who came out for the premiere of the show on Tuesday night at the Paley Center — the same night it made its debut on ABC. Barr was fired from "Roseanne" after making a racist tweet about Valerie Jarrett, a top official in the administration of former President Barack Obama. Barr tweeted over the summer: "Muslim brotherhood &...

For Ed Asner, comic-books and autism are family matters

Oct 18, 2018

LOS ANGELES — Even at age 88, actor Ed Asner still hangs out at the comic-book store with his kid. Early last week, the Asners could be spotted at Hollywood's legendary Golden Apple Comics. But they weren't shopping. Instead, the two were promoting an internet comic-art auction to raise funds for The Ed Asner Family Center. The sale by Heritage Auctions went live on Wednesday. Founded earlier this year by the actor's son, Matthew, and daughter-in-law, Navah, the center offers programs and education for both special-needs children and their families. The star of "The Mary Tyler Moore Show," ''Lou Grant"...

Harry and Meghan bring rain to drought-stricken Outback town

Oct 18, 2018

DUBBO, Australia — The Duke and Duchess of Sussex were jokingly thanked for bringing England's notoriously inclement weather to a drought-stricken Outback town on Wednesday in a rain-drenched visit to Dubbo during their Australian royal tour. The former Meghan Markle brought banana bread that she baked in Sydney on Tuesday as a gift to a farming family outside Dubbo who were struggling to feed their cattle and sheep through two years of below-average rain. "When she heard she was coming to a family home, she had to bring a plate, so it was lovely," farmer Elaine Woodley said, referring to...

About Us

E-Stardom is the exclusive online news network for breaking entertainment news. We bring to you the premium coverage and fashion tips to your favorite celebrity style. Get your daily celebrity news fix only here in E-Stardom.

Contact us: sales[at]e-stardom.com

Subscribe Now!