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From 2023 to 2030, the worldwide market for botanical ingredients is projected to expand from its 2022 valuation of USD 164.14 billion at a CAGR (compound annual growth rate) of 7.9 percent.
The increasing number of health-conscious consumers and the clean label movement in the pharmaceutical, food, and beverage sectors are driving the industry's expansion. People are becoming more aware of the importance of preventative care and are making the transition to healthier options as a result. Since botanical ingredients contain a wide variety of bioactive components, they are finding growing use in the food and beverage industry.
Plant-based substances, or "botanicals," are prized for more than just their appearance or chemical composition. Herbs, spices, fruits, and vegetables are all examples of botanical ingredients. As they contain a wealth of bioactive components and have a wide range of biological effects, the market for botanical ingredients is growing in the food and beverage industries.
There are a number of factors that contribute to the high demand for botanical ingredients in the United States, including the expanding vegan market, the trend toward using natural and organic food components, and the prevalence of major producers with extensive distribution channels. The market for dietary supplements is predicted to grow as a result of rising interest in sports nutrition across the country. Clean labels cut through the clutter of too much info. The growing popularity of botanical ingredients in the food, supplement, and pharmaceutical industries is a direct result of the current movement toward clean-label sources.
The worldwide supply chain, retail distribution, and consumer behavior for a wide variety of goods and services were all significantly impacted by the COVID-19 epidemic. The demand for botanical substances grew during the epidemic because people were looking for more ways to improve their health and wellness. Supplements for your joints, weight, anxiety, and blood vessels can all be made with botanical substances.
As more and more people become aware of the many health benefits of botanical extracts and their potential as a viable alternative to conventional medicine, demand is likely to surge throughout the projection period. The expanding need for food and other applications, the rising popularity of ready-to-eat meals, and the growing knowledge of the benefits of herbal goods over synthetic items are all factors that should boost sales of botanical ingredients.
The health and wellness trend, together with the demand for genuine ingredients in food and drink, is propelling the botanical ingredients market ahead. Legal consumption is not only a growing trend in the food and drink industry, but it is also having an effect on shoppers. The demand for botanical components is increasing as consumers seek products with fewer artificial chemicals. Commonly used botanicals include garlic, ginseng, Echinacea, and ginkgo biloba. Due to their usefulness in medicine, the botanical ingredients industry is expected to expand.
Increased market competition raises concerns about product quality, which acts as a drag on the botanical ingredients market and poses a hurdle to its expansion over the forecast period. This report examines opportunities in terms of emerging revenue pockets, shifting market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, g.
Report Coverage
Global Botanical Ingredients research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Botanical Ingredients report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Botanical Ingredients competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Botanical Ingredients market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Botanical Ingredients market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Botanical Ingredients market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
GrainCorp (Australia), Malteurop (France), Rahr Corporation (US), Boortmalt (Belgium), Indesso, (Spain) Lipoid Kosmetic AG,(Germany) The Herbarie at Stoney Hill Farm, Inc.(U.S) International Flavors& Fragrances, Inc.(Netherlands) Bell Flavors& Fragrances (france) Rutland Biodynamics Ltd. (Scotland) Prakruti Products Pvt. Ltd (India) AmbePhytoextractsPvt. Ltd. (Austria) The Green Labs LLC (Nethelands) Berje, Inc.(Italy) Umalaxmi Organics Pvt. Ltd.(India) DSM (Netherlands)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Botanical Ingredients market based on the below-mentioned segments:
Global Botanical Ingredients Market, By Product Type
Emulsifier
Plant oils
Plant colorants
Fragrances
Resin extracts
Plant extracts
Global Botanical Ingredients market, By Application
Food and beverage
Pharmaceuticals
Personal care
Global Botanical Ingredients Market, By Ingredient source
Herbs
Leaves
Spices
Flowers
Others
Global Botanical Ingredients market, Regional Analysis
The increasing number of health-conscious consumers and the clean label movement in the pharmaceutical, food, and beverage sectors are driving the industry's expansion. People are becoming more aware of the importance of preventative care and are making the transition to healthier options as a result. Since botanical ingredients contain a wide variety of bioactive components, they are finding growing use in the food and beverage industry.
Plant-based substances, or "botanicals," are prized for more than just their appearance or chemical composition. Herbs, spices, fruits, and vegetables are all examples of botanical ingredients. As they contain a wealth of bioactive components and have a wide range of biological effects, the market for botanical ingredients is growing in the food and beverage industries.
There are a number of factors that contribute to the high demand for botanical ingredients in the United States, including the expanding vegan market, the trend toward using natural and organic food components, and the prevalence of major producers with extensive distribution channels. The market for dietary supplements is predicted to grow as a result of rising interest in sports nutrition across the country. Clean labels cut through the clutter of too much info. The growing popularity of botanical ingredients in the food, supplement, and pharmaceutical industries is a direct result of the current movement toward clean-label sources.
The worldwide supply chain, retail distribution, and consumer behavior for a wide variety of goods and services were all significantly impacted by the COVID-19 epidemic. The demand for botanical substances grew during the epidemic because people were looking for more ways to improve their health and wellness. Supplements for your joints, weight, anxiety, and blood vessels can all be made with botanical substances.
As more and more people become aware of the many health benefits of botanical extracts and their potential as a viable alternative to conventional medicine, demand is likely to surge throughout the projection period. The expanding need for food and other applications, the rising popularity of ready-to-eat meals, and the growing knowledge of the benefits of herbal goods over synthetic items are all factors that should boost sales of botanical ingredients.
The health and wellness trend, together with the demand for genuine ingredients in food and drink, is propelling the botanical ingredients market ahead. Legal consumption is not only a growing trend in the food and drink industry, but it is also having an effect on shoppers. The demand for botanical components is increasing as consumers seek products with fewer artificial chemicals. Commonly used botanicals include garlic, ginseng, Echinacea, and ginkgo biloba. Due to their usefulness in medicine, the botanical ingredients industry is expected to expand.
Increased market competition raises concerns about product quality, which acts as a drag on the botanical ingredients market and poses a hurdle to its expansion over the forecast period. This report examines opportunities in terms of emerging revenue pockets, shifting market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, g.
Report Coverage
Global Botanical Ingredients research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Botanical Ingredients report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Botanical Ingredients competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Botanical Ingredients market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | GrainCorp (Australia), Malteurop (France), Rahr Corporation (US), Boortmalt (Belgium), Indesso, (Spain) Lipoid Kosmetic AG,(Germany) The Herbarie at Stoney Hill Farm, Inc.(U.S) International Flavors& Fragrances, Inc.(Netherlands) Bell Flavors& Fragrances (france) Rutland Biodynamics Ltd. (Scotland) Prakruti Products Pvt. Ltd (India) AmbePhytoextractsPvt. Ltd. (Austria) The Green Labs LLC (Nethelands) Berje, Inc.(Italy) Umalaxmi Organics Pvt. Ltd.(India) DSM (Netherlands) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Botanical Ingredients Market from 2021 to 2030.
- Market Forecast for Botanical Ingredients Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Botanical Ingredients competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Botanical Ingredients
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Botanical Ingredients market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Botanical Ingredients market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
GrainCorp (Australia), Malteurop (France), Rahr Corporation (US), Boortmalt (Belgium), Indesso, (Spain) Lipoid Kosmetic AG,(Germany) The Herbarie at Stoney Hill Farm, Inc.(U.S) International Flavors& Fragrances, Inc.(Netherlands) Bell Flavors& Fragrances (france) Rutland Biodynamics Ltd. (Scotland) Prakruti Products Pvt. Ltd (India) AmbePhytoextractsPvt. Ltd. (Austria) The Green Labs LLC (Nethelands) Berje, Inc.(Italy) Umalaxmi Organics Pvt. Ltd.(India) DSM (Netherlands)
Primary Target Market
- Market Players of Botanical Ingredients
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Botanical Ingredients market based on the below-mentioned segments:
Global Botanical Ingredients Market, By Product Type
Emulsifier
Plant oils
Plant colorants
Fragrances
Resin extracts
Plant extracts
Global Botanical Ingredients market, By Application
Food and beverage
Pharmaceuticals
Personal care
Global Botanical Ingredients Market, By Ingredient source
Herbs
Leaves
Spices
Flowers
Others
Global Botanical Ingredients market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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