Market Overview:
The global botanical extracts market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for natural ingredients and flavors in food and beverage products. Botanical extracts are used as flavorings, colorants, and preservatives in food products. They are also used in dietary supplements, personal care products, and pharmaceuticals. North America is the largest market for botanical extracts followed by Europe and Asia Pacific.
Product Definition:
Botanical extracts are plant-based substances that have been isolated from their original source and purified. They are often used in cosmetics, supplements, and other health products. Botanical extracts can provide a range of benefits such as antioxidant protection, skin care, improved joint health, and more.
Powder:
Powder is a dry, free-flowing solid made from one or more natural elements. It can be produced by dry distillation, freeze-drying, and vacuum evaporation. The most common types of powders are calcium carbonate (chalk), talc, starch powder (arrowroot), gypsum powder (calcium sulfate) and titanium dioxide (titanium).
Liquid:
Liquid is a carrier that holds botanical ingredients in solution form. It can be water-based or oil-based. The most commonly used liquids are alcohol, glycerin, and water based solutions. Some of the other liquids include soybean oil, aloe vera juice, and ethylhexane diol (EHd).
Application Insights:
The beverages application segment led the global market in 2017. This is attributed to the high demand for functional beverages, which are manufactured using plant-based ingredients, such as green tea and ginseng root. The other applications include personal care products and pharmaceuticals. The food application segment is expected to witness a significant CAGR of XX% from 2018 to 2030 owing to rising consumer awareness regarding health benefits associated with botanical extracts. Moreover, increasing product innovation by companies including Now Foods (USA) and Solaray (Canada) in terms of ingredient selection for manufacturing dietary supplements will drive growth over the forecast period.
Food was the largest revenue-generating segment in 2017 due largely to growing consumption of nutritional supplements across various regions coupled with an increase in product innovation by prominent manufacturers including Now Foods (USA), NaturaVet (Canada), Pet Nutrition Ltd (UAE), etcetera [6].
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. Increasing health concerns coupled with rising adoption of natural products for their therapeutic properties are some factors driving the market growth in this region. Asia Pacific is anticipated to witness significant growth over the coming years owing to increasing awareness regarding nutritional products and supplements among consumers, especially millennials, which has led them to prefer more plant-based ingredients for their dietary needs and food preferences. This factor is also expected to drive demand from other application segments such as cosmetics and medicines over the next eight years. Moreover, growing interest of key manufacturers such as Shandong Luyuan Bio-Tech Co., Ltd.; Shenzhen Haozhan Green Technology Co., Ltd.; Guangzhou Liuzhou Wellness Industry Co., Ltd; Xianning Hongxin Bio-Tech Co.
Growth Factors:
- Increasing demand for botanical extracts in the food and beverage industry as a natural preservative and flavoring agent.
- Rising awareness about the health benefits of botanical extracts among consumers.
- Growing use of botanical extracts in personal care products for their anti-aging properties.
- Increasing demand from the pharmaceutical industry for herbal supplements and medicines made from plant extracts.
- Rapid growth in the nutraceuticals market due to rising consumer awareness about the health benefits of consuming functional foods and dietary supplements
Scope Of The Report
Report Attributes
Report Details
Report Title
Botanical Extracts Market Research Report
By Type
Powder, Liquid
By Application
Food, Beverages, Other
By Companies
Frutarom Ltd., Kalsec, Dehler GmbH, MB-Holding GmbH & Co. KG, Synergy Flavors, Blue Sky Botanics, Frutarom Ltd.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Botanical Extracts Market Report Segments:
The global Botanical Extracts market is segmented on the basis of:
Types
Powder, Liquid
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Beverages, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Frutarom Ltd.
- Kalsec
- Dehler GmbH
- MB-Holding GmbH & Co. KG
- Synergy Flavors
- Blue Sky Botanics
- Frutarom Ltd.
Highlights of The Botanical Extracts Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Powder
- Liquid
- By Application:
- Food
- Beverages
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Botanical Extracts Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Botanical extracts are a type of supplement that come from plants. They are made by extracting the active ingredients from the plant and then packaging them in a way that makes them easy to use.
Some of the major companies in the botanical extracts market are Frutarom Ltd., Kalsec, Dehler GmbH, MB-Holding GmbH & Co. KG, Synergy Flavors, Blue Sky Botanics, Frutarom Ltd..
The botanical extracts market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Botanical Extracts Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Botanical Extracts Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Botanical Extracts Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Botanical Extracts Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Botanical Extracts Market Size & Forecast, 2020-2028 4.5.1 Botanical Extracts Market Size and Y-o-Y Growth 4.5.2 Botanical Extracts Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Powder
5.2.2 Liquid
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food
6.2.2 Beverages
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Botanical Extracts Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Botanical Extracts Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Powder
9.6.2 Liquid
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food
9.10.2 Beverages
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Powder
10.6.2 Liquid
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food
10.10.2 Beverages
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Powder
11.6.2 Liquid
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food
11.10.2 Beverages
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Powder
12.6.2 Liquid
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food
12.10.2 Beverages
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Powder
13.6.2 Liquid
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food
13.10.2 Beverages
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Botanical Extracts Market: Competitive Dashboard
14.2 Global Botanical Extracts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Frutarom Ltd.
14.3.2 Kalsec
14.3.3 Dehler GmbH
14.3.4 MB-Holding GmbH & Co. KG
14.3.5 Synergy Flavors
14.3.6 Blue Sky Botanics
14.3.7 Frutarom Ltd.