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

Related News

Giants' Manning more concerned with new offense than draft

Apr 26, 2018

EAST RUTHERFORD, N.J. — Eli Manning isn't paying much attention to the NFL draft, even with the possibility of the New York Giants using the No. 2 overall pick to take an heir apparent to the two-time Super Bowl MVP. Manning doubted that he would watch the first round of the draft on Thursday, saying it wouldn't be hard to find out whether general manager Dave Gettleman either went for a quarterback or opted to take Penn State running back Saquon Barkley, or traded down. Manning didn't seem to care. He was more concerned with learning Pat Shurmur's offense during...

Embiid, Simmons led 76ers from Process to postseason success

Apr 26, 2018

PHILADELPHIA — Kevin Hart laughed as he tried to floss dance with a kid as they were both egged on by rapper Meek Mill. Philadelphia Eagles owner Jeffrey Lurie awkwardly waved his arms around the way any 60-something-year-old man would attempting to look hip next to star entertainers. This postseason potpourri of comic, ex-con and champion unfolded on the sideline of another 76ers' romp. Mill, the Philadelphia-born rapper released from prison only hours earlier, snagged the Game 5 headlines. Ben Simmons, Joel Embiid and the rest of the Sixers stole the show. Embiid and Simmons shined again in front of...

Dems' chances may rest on flipping GOP strongholds in cities

Apr 26, 2018

DALLAS — As Dallas has evolved from reliably red to deeply blue, joining many other big cities, one enclave has remained the beating heart of country club conservatism — home to Cowboys owner Jerry Jones, oil tycoon T. Boone Pickens and former President George W. Bush. Just north of downtown, it's where suits-and-cowboy-boots culture meets the high-powered banking circuit and Southern Methodist University's immaculately manicured campus. Still, this longtime Republican stronghold could now help determine whether Democrats can break the GOP's control of Congress. If Republicans lose their 23-seat margin in the House in this fall's election, as some GOP...

Accepting rights award, Kaepernick decries 'legal lynching'

Apr 26, 2018

AMSTERDAM — Amnesty International gave former NFL quarterback Colin Kaepernick its Ambassador of Conscience Award on Saturday for his kneeling protest of racial injustice that launched a sports movement and might have cost him his job. Onetime San Francisco 49ers teammate Eric Reid presented Kaepernick with the award during a ceremony in Amsterdam, the capital of the Netherlands. In his acceptance speech, the award-winner described police killings of African Americans and Latinos in the United States as lawful lynchings. "Racialized oppression and dehumanization is woven into the very fabric of our nation — the effects of which can be seen...

Touchdown Bucks! Packers' Rodgers buys into NBA team

Apr 26, 2018

MILWAUKEE — Green Bay Packers quarterback Aaron Rodgers has joined the ownership group of the NBA's Milwaukee Bucks as a limited partner. The Bucks made the announcement Friday night between the first and second quarters of Game 3 of their Eastern Conference playoff series against the Boston Celtics. The Bucks say that Rodgers is the only active NFL player to be a limited partner of an NBA team. Sitting next to girlfriend Danica Patrick and Bucks co-owner Wes Edens, Rodgers received a warm welcome from the sold-out crowd when his face was shown on the video board at the Bradley...

Broaden News

Replay Wall delivers the most accurate sports news to you with experts’ voice. We aim to bring every sports fan together here even if you’ve missed the game.

Contact us: sales@replaywall.com

Bowl Championship Series Professional Football Arena Football CFL Football NFL Football Youth Football Press Releases Broaden News