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

U.S debt deluge lifts bond yields to four-year high, Asia stocks down

Apr 24, 2018

By Hideyuki SanoTOKYO (Reuters) - Asian stocks slipped and the U.S. dollar advanced on Tuesday, as a deluge of U.S. government debt this week and the specter of inflation and a higher fiscal deficit drove U.S. borrowing costs near four-year highs.MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.25 percent. Japan's Nikkei rose 0.7 percent thanks to fall in the yen.U.S. bond prices have fallen for the past four days, pushing up the 10-year yield to 2.998 percent , its highest level since January 2014."There are concerns about inflation, rising oil prices and also U.S. fiscal conditions," said Hiroko...

Big secrets, bumper box-office for 'Avengers: Infinity War'

Apr 24, 2018

By Rollo RossLOS ANGELES (Reuters) - "Avengers: Infinity War" boasts more than 20 superheroes and expects to storm the box office, but even its A-list cast don't know quite what to expect when the film gets its world premiere on Monday nightSecrecy was key during filming on the Walt Disney Co. movie, which brings together almost every comic-book hero in Marvel's cinematic universe for an all-out battle with supervillain Thanos.Most of the actors were given scripts for only the scenes they were filming, or given complete scripts that turned out to be fake, in order to prevent spoilers - particularly...

Senate committee paves way for Pompeo to become top U.S. diplomat

Apr 24, 2018

By Patricia ZengerleWASHINGTON (Reuters) - A U.S. Senate committee approved the nomination of President Donald Trump's choice for secretary of state, Mike Pompeo, on Monday after a Republican senator who had been opposed threw his support behind the CIA director in the face of party pressure.The Senate Foreign Relations Committee approved the nomination on a party-line vote, with all 11 Republicans backing him, nine Democrats opposed and one Democrat, Chris Coons, voting "present" because one Republican was at a funeral out of town.Majority Leader Mitch McConnell said there were enough votes in the full Senate to confirm Pompeo this week....

Ten now dead, 15 injured after van plows into Toronto crowd

Apr 24, 2018

TORONTO (Reuters) - Ten people were killed and another 15 are injured after a 25-year-old man appeared to deliberately mow down pedestrians in north Toronto, the city's police chief said on Monday.Mark Saunders said the suspect in the incident, Alek Minassian, was not known to police and his motives were still unknown. (Reporting by David Ljunggren; Editing by Sandra Maler)

High-profile investors bet on stocks tied to millennials: Sohn Conference

Apr 24, 2018

By David Randall and Svea Herbst-BaylissNEW YORK (Reuters) - Hedge fund managers at the high-profile 2018 Sohn Investment Conference in New York pitched stock ideas on Monday that they said should benefit from the growing clout of the millennial generation, ranging from online food ordering to homebuilders.John Khoury, founder and managing partner of the $2.7 billion Long Pond Capital hedge fund, revealed a long position in U.S. homebuilder D.R. Horton Inc, which he said should rise as more millennials age into the first-time home buyer market. D.R. Horton, the country's largest homebuilder, has been increasingly focused on its entry-level segment,...

Search

Obserworld delivers the most accurate and up-to-date world news for the global audience with a thorough research and in-depth interviews. Discover the world through Obserworld.

Contact us: sales[at]obserworld.com