The comprehensive Botanical Extracts Market Report delves deep into the dynamics of the thriving Food & Beverage, offering a detailed snapshot of the market's status in the forthcoming period. With a keen insight into technological advancements, this report not only assesses the current market landscape but also projects its future size in terms of value and volume. It stands as a beacon, illuminating the cost-effective strategies and pivotal elements that drive the industry forward. From various perspectives, this report examines the market's potential and prospects, providing a wealth of invaluable insights.

Comprising primary, secondary, and advanced information, this Botanical Extracts Market Report meticulously analyzes the global market's status, trends, size, share, growth, and segmented facets within the projected timeline. Detailed scrutiny of competitive maneuvers such as product launches, collaborations, mergers, and acquisitions unveils their impacts on sales, imports, exports, revenue, and fluctuating CAGR values. The report chronicles the oscillations in CAGR values throughout the forecast period. The conclusive section ventures into evaluating the viability of potential investment projects, culminating in overarching research conclusions that guide future endeavors.

Data Bridge Market Research analyses that the botanical extracts market which was valued at USD 6.10 billion in 2021 is expected to reach the value of USD 10.56 billion by 2029, at a CAGR of 7.10% during the forecast period of 2022-2029.

Definition

Botanical extracts are herbal-product of various types. Herbal extract is created when a solvent reacts with plant material, dissolving some of its components. Once separated from the insoluble plant materials, the remaining solution is the extract, which can be left in liquid form or removed to produce a solid extract.

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Key Growth Drivers:

• The increase application of botanical extracts in the dietary supplements industries

Botanical extract is widely used in the manufacture of dietary supplements. Botanical extracts and dietary supplements aid in blood sugar regulation, blood pressure regulation, weight management, disease prevention, and exercise recovery. It's available in capsules, liquids, and powdered form. Dietary supplement consumption has been increasing in recent years, and the market is expected to grow at an exponential rate in the near future. The global nutritional supplement market is expanding as a result of rising healthcare costs and a subsequent emphasis on preventive medicine. Consumers' health consciousness is growing around the world, which is impacting the sales of dietary supplements as healthy alternatives to conventional medication.

• Shift in the lifestyle as well as growing demand from the personal care industry

An increasing working population, rising demand for ready-to-use products, and expanding retail markets are some of the factors expected to drive global market growth during the forecast period. The growing use of botanicals as natural ingredients in the personal care industry is expected to drive growth in the global botanical capsule market. Additionally, rising disposable income levels, rising food and beverage expenditure, and rising consumer awareness of healthy lifestyles are expected to drive botanical extracts market growth.

The report emphasizes the participation of key entities, notably:

• Ransom Naturals Ltd. (U.K.)
• International Flavors & Fragrances Inc. (U.S.)
• Synthite Industries Ltd. (India)
• Martin Bauer Group (Germany)
• Kalsec, Inc. (U.S.)
• Synergy Flavors Inc. (U.S.)
• Prinova Group (U.S.)
• Indesso Aroma (Indonesia)
• Döhler GmbH (Germany)
• Bell Flavors & Fragrances (U.S.)
• Nutra Green Biotechnology Co., Ltd. (China)
• Kuber Impex Ltd. (India),

Key Market Perspectives:

• Thorough examination of prevailing market tendencies
• Updates on the latest product advancements and innovations
• Botanical Extractsmarket's Compound Annual Growth Rate (CAGR) for both historic and forecasted years
• Strategies and activities of prominent players and brands in the field
• Insights into the industry landscape for emerging participants

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Key Market Segmentation

By Type (Spice Extracts, Herb Extracts, Flower Extracts, Botanical Extracts, Fruit Extracts, and Marine Plant Extracts), Form (Powder, Liquid, and Leaf Extracts), Product type (Organic and Conventional), Application (Food Products, Sports Nutrition, Beverages, Pharmaceutical, Nutraceutical, Personal Care & Cosmetics, Aromatherapy, Animal Feed, and Others)

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