Market Overview:
The global herbal extract powder market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for dietary supplements, increasing awareness about the benefits of herbal extracts, and growing demand from the food and beverage industry. Based on type, garlic is expected to be the fastest-growing segment during the forecast period. This can be attributed to its numerous health benefits such as reducing cholesterol levels and blood pressure, fighting infection, and improving heart health. Basil is also expected to grow at a high rate due its various health benefits such as reducing stress levels, boosting cognitive function, aiding weight loss, and preventing cancer. Based on application, dietary supplements are projected to be the fastest-growing segment during the forecast period. This can be attributed to rising consumer awareness about the health benefits of consuming herbal extracts in this form.
Product Definition:
Herbal extract powder is a dry, powdered form of an herbal extract that is made by evaporating the liquid from the herb. It is used to make capsules, tablets, or powders that can be taken by mouth. Herbal extract powder is also used to make teas and tinctures.
Garlic:
Garlic is a member of the Allium family and has been used as a food flavoring agent, antibiotic, anti-inflammatory drug and for treating cardiovascular diseases. It's antimicrobial properties help in fighting off infections in the body. The chemical composition of garlic includes allicin which acts as an irritant to the respiratory tract; this property helps in opening up airways for clearer breathing.
It also helps to reduce blood sugar levels.
Basil:
Basil is a prominent ingredient in herbal extract powder. It is widely used in food and beverages, natural cosmetics, and medicinal products owing to its distinct aroma & flavor. The main function of basil is to balance the body’s pH levels which are ultimately used for all bodily functions including digestion, blood circulation & respiration as well as help in eliminating toxins from the body.
Application Insights:
The food and beverage application segment led the global herbal extract powder market in 2017. This is attributed to rising consumer preference for healthy lifestyle practices, coupled with growing demand for functional foods and beverages that provide nutritional benefits. The personal care and cosmetic industry also holds significant growth potential owing to increasing awareness about beauty care products among consumers, particularly in developed regions such as North America and Europe.
In addition, the rising popularity of organic cosmetics has driven manufacturers to incorporate natural ingredients into their product formulations. These ingredients include plant-based extracts that possess antioxidant properties; these factors are anticipated to drive demand over the forecast period.
Regional Analysis:
Europe was the largest regional market in 2017 owing to growing consumer awareness regarding health and wellness coupled with increasing spending capacity of consumers. Asia Pacific is expected to be the fastest-growing region over the forecast period due to rising demand for natural ingredients in food, pharmaceuticals, cosmetics, and other industries. The Middle East & Africa is also estimated to witness significant growth over the coming years on account of rapid development in this region.
North America Europe Asia Pacific MEA Latin America Global Herbal Extract Powder Market Size, Share & Trends Analysis By Product Type (Powder/Flakes/Bars), By Application (Food.
Growth Factors:
- Increasing demand for herbal supplements and nutraceuticals: The global market for herbal supplements is projected to grow at a CAGR of 6.5% from 2016 to 2021. This growth can be attributed to the increasing awareness about the health benefits of herbs and their extracts, rising consumer demand for natural ingredients in dietary supplements, and growing popularity of complementary and alternative medicine (CAM).
- Growing use of herbal extracts in food & beverage industry: Herbal extracts are being increasingly used as flavorings, colorants, and preservatives in food & beverage products due to their beneficial properties such as antioxidant activity, anti-inflammatory effects, etc. This is expected to drive the growth of the global herbal extract powder market over the next few years.
- Rising demand from pharmaceutical industry: The pharmaceutical industry is one of the key consumers of herbal extract powders owing to their various therapeutic benefits. In addition, growing research on new applications for herbs is expected to boost demand for herbal extract powders in this sector over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Herbal Extract Powder Market Research Report
By Type
Garlic, Basil, Soy, Marigold, Aloe Vera, Licorice, Reishi, Others
By Application
Dietary Supplements, Food and Beverage, Pharmaceutical Industry, Personal Care and Cosmetic, Flavor
By Companies
Indena, Euromed, Martin Bauer, Naturex, Bio-Botanica, Maypro, Kalsec, Nokete, Synthite Industries Ltd., Jiaherb, Indena, Naturalin, Organic Herb
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
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Herbal Extract Powder Market Report Segments:
The global Herbal Extract Powder market is segmented on the basis of:
Types
Garlic, Basil, Soy, Marigold, Aloe Vera, Licorice, Reishi, Others
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
Dietary Supplements, Food and Beverage, Pharmaceutical Industry, Personal Care and Cosmetic, Flavor
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:
- Indena
- Euromed
- Martin Bauer
- Naturex
- Bio-Botanica
- Maypro
- Kalsec
- Nokete
- Synthite Industries Ltd.
- Jiaherb
- Indena
- Naturalin
- Organic Herb
Highlights of The Herbal Extract Powder 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:
- Garlic
- Basil
- Soy
- Marigold
- Aloe Vera
- Licorice
- Reishi
- Others
- By Application:
- Dietary Supplements
- Food and Beverage
- Pharmaceutical Industry
- Personal Care and Cosmetic
- Flavor
- 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 Herbal Extract Powder 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
- Identifying Appropriate Advertising Appeals
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?
Herbal Extract Powder is a concentrated form of herbs and botanicals. It is typically made from dried plants or plant extracts.
Some of the major players in the herbal extract powder market are Indena, Euromed, Martin Bauer, Naturex, Bio-Botanica, Maypro, Kalsec, Nokete, Synthite Industries Ltd., Jiaherb, Indena, Naturalin, Organic Herb.
The herbal extract powder 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 Herbal Extract Powder 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 Herbal Extract Powder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Herbal Extract Powder 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 Herbal Extract Powder 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 Herbal Extract Powder Market Size & Forecast, 2018-2028
4.5.1 Herbal Extract Powder Market Size and Y-o-Y Growth
4.5.2 Herbal Extract Powder Market Absolute $ Opportunity
Chapter 5 Global Herbal Extract Powder 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 Herbal Extract Powder Market Size Forecast by Type
5.2.1 Garlic
5.2.2 Basil
5.2.3 Soy
5.2.4 Marigold
5.2.5 Aloe Vera
5.2.6 Licorice
5.2.7 Reishi
5.2.8 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Herbal Extract Powder 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 Herbal Extract Powder Market Size Forecast by Applications
6.2.1 Dietary Supplements
6.2.2 Food and Beverage
6.2.3 Pharmaceutical Industry
6.2.4 Personal Care and Cosmetic
6.2.5 Flavor
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Herbal Extract Powder 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 Herbal Extract Powder 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 Herbal Extract Powder Analysis and Forecast
9.1 Introduction
9.2 North America Herbal Extract Powder 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 Herbal Extract Powder Market Size Forecast by Type
9.6.1 Garlic
9.6.2 Basil
9.6.3 Soy
9.6.4 Marigold
9.6.5 Aloe Vera
9.6.6 Licorice
9.6.7 Reishi
9.6.8 Others
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 Herbal Extract Powder Market Size Forecast by Applications
9.10.1 Dietary Supplements
9.10.2 Food and Beverage
9.10.3 Pharmaceutical Industry
9.10.4 Personal Care and Cosmetic
9.10.5 Flavor
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 Herbal Extract Powder Analysis and Forecast
10.1 Introduction
10.2 Europe Herbal Extract Powder 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 Herbal Extract Powder Market Size Forecast by Type
10.6.1 Garlic
10.6.2 Basil
10.6.3 Soy
10.6.4 Marigold
10.6.5 Aloe Vera
10.6.6 Licorice
10.6.7 Reishi
10.6.8 Others
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 Herbal Extract Powder Market Size Forecast by Applications
10.10.1 Dietary Supplements
10.10.2 Food and Beverage
10.10.3 Pharmaceutical Industry
10.10.4 Personal Care and Cosmetic
10.10.5 Flavor
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 Herbal Extract Powder Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Herbal Extract Powder 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 Herbal Extract Powder Market Size Forecast by Type
11.6.1 Garlic
11.6.2 Basil
11.6.3 Soy
11.6.4 Marigold
11.6.5 Aloe Vera
11.6.6 Licorice
11.6.7 Reishi
11.6.8 Others
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 Herbal Extract Powder Market Size Forecast by Applications
11.10.1 Dietary Supplements
11.10.2 Food and Beverage
11.10.3 Pharmaceutical Industry
11.10.4 Personal Care and Cosmetic
11.10.5 Flavor
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 Herbal Extract Powder Analysis and Forecast
12.1 Introduction
12.2 Latin America Herbal Extract Powder 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 Herbal Extract Powder Market Size Forecast by Type
12.6.1 Garlic
12.6.2 Basil
12.6.3 Soy
12.6.4 Marigold
12.6.5 Aloe Vera
12.6.6 Licorice
12.6.7 Reishi
12.6.8 Others
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 Herbal Extract Powder Market Size Forecast by Applications
12.10.1 Dietary Supplements
12.10.2 Food and Beverage
12.10.3 Pharmaceutical Industry
12.10.4 Personal Care and Cosmetic
12.10.5 Flavor
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) Herbal Extract Powder Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Herbal Extract Powder 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) Herbal Extract Powder Market Size Forecast by Type
13.6.1 Garlic
13.6.2 Basil
13.6.3 Soy
13.6.4 Marigold
13.6.5 Aloe Vera
13.6.6 Licorice
13.6.7 Reishi
13.6.8 Others
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) Herbal Extract Powder Market Size Forecast by Applications
13.10.1 Dietary Supplements
13.10.2 Food and Beverage
13.10.3 Pharmaceutical Industry
13.10.4 Personal Care and Cosmetic
13.10.5 Flavor
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 Herbal Extract Powder Market: Competitive Dashboard
14.2 Global Herbal Extract Powder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Indena
14.3.2 Euromed
14.3.3 Martin Bauer
14.3.4 Naturex
14.3.5 Bio-Botanica
14.3.6 Maypro
14.3.7 Kalsec
14.3.8 Nokete
14.3.9 Synthite Industries Ltd.
14.3.10 Jiaherb
14.3.11 Indena
14.3.12 Naturalin
14.3.13 Organic Herb
