Plant Extracts Market size was valued at US$ 30.63 Bn. in 2021 and the total Plant Extracts revenue is expected to grow at 13.2% from 2022 to 2029, reaching nearly US$ 82.59 Bn.
Market Overview
The report covers the Plant Extracts market most recent revenue and market trends. The report provides the readers comprehensive overview of the Plant Extracts market and indicates the lucrative of the market in the forecast period. The research analyst has said that the APAC region is a lucrative opportunity for the market and components manufacturers for the next ten years. The report provides a market overview through common subjects that are highlighted with unique data based on the need.
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Market Scope
The report focuses on the major key aspects of the market growth and restraints for key companies as well as the current competitive benchmarking and development prospects. It provides the current Plant Extracts market trends and future insights in terms of demand, supply chain and sales as well as recent changes in the market. SWOT and PESTLE analysis were used for the research that combines quantitative and qualitative research methods. In addition to the development process, the report provides the cost structures and the development goal and objectives. It includes factors like Market segmentation, CAGR year on year growth percent, Porter’s five forces model, absolute USD potential and expected market cost structure.
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Segmentation:
Plants are an essential source of innovative chemicals and products ranging from flavors to nutrition to cosmetics and pharmaceuticals. Plant-based therapies continue to play an important role in human health. Natural origin now accounts for 11% of the 252 medications designated essential by the WHO (World Health Organization). According to the National Center for Biotechnology Information, up to 50% of all authorized pharmaceuticals in the previous 30 years come from natural sources, either directly or indirectly. Plant-based medications account for 47% of all small molecule medicines used in cancer therapy.
Key Players:
• Sensient Technologies (US)
• International Flavors & Fragrances (US)
• Prinova Group LLC. (US)
• Synergy Flavors, Inc. (US)
• Kalsec, Inc. (US)
• Plant Extracts International (US)
• PT. Indesso Aroma (Indonesia)
• PT. Haldin Pacific Semesta (Indonesia)
• Döhler (Germany)
• Symrise AG (Germany)
• Martin Bauer (Germany)
• Blue Sky Botanics Ltd. (UK)
• Ransom Naturals Ltd. (UK)
• Organic Herb (UK)
• Synthite Industries (India)
• Vidya Herbs Private Limited (India)
• Arjuna Natural Extracts (India)
• Givaudan (Switzerland)
• Kangcare Bioindustry Co.,ltd. (China)
• Tokiwa Phytochemical (Japan)
• NATIVE EXTRACTS Pty Ltd (Australia)
• Network Nutrition (Australia)
• Indena (Italy)
• Naturex (France)
• Frutarom Industries Ltd. (Israel)
Regional Analysis
The study delves into the Plant Extracts market in depth, segmenting it into regions. It demonstrates the important regional divisions such as North America, Asia Pacific, Europe, Latin America the Middle East, and Africa has global influence. The market in each region is thoroughly investigated, enabling for the identification of regional market trends, restrictions, and development opportunities.
Key Questions answered in the Plant Extracts Market Report are:
Key offerings:
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Mar 08, 2023