HOME Press Releases Botanical Extracts Market worth 6.03 Billion USD by 2022



Botanical Extracts Market worth 6.03 Billion USD by 2022


The report "Botanical Extracts Market by Source (Spices, Herbs, Flowers, Tea leaves), Application (Food: Bakery & Confectionery and Sauces & Dressings, Beverages: Alcoholic Beverages, Carbonated Soft Drinks, Ice Tea), Form, and Region - Global Forecast to 2022", The global botanical extracts market is projected to reach USD 6.03 Billion by 2022, in terms of value, at a CAGR of 9.0% from 2017. Botanical extracts are widely used ingredients in food & beverage applications, owing to their enhanced organoleptic characteristics and improved nutritional profile.

       Request Sample     Request Sample

Browse 60 market data tables and 24 figures spread through 129 pages and in-depth TOC on "Botanical Extracts Market by Source (Spices, Herbs, Flowers, Tea leaves), Application (Food: Bakery & Confectionery and Sauces & Dressings, Beverages: Alcoholic Beverages, Carbonated Soft Drinks, Ice Tea), Form, and Region - Global Forecast to 2022"
http://www.marketsandmarkets.com/Market-Reports/botanical-extracts-market-3151938.html
Early buyers will receive 10% customization on reports.

Spices projected to be the largest source of botanical extracts

Spices are estimated to account for the largest market share in the botanical extracts market in 2016, due to their wide range of applications in the food & beverage industry, due to changes in lifestyles and growth in the trend of exploring & experiencing new foods.

Food segment: The most widely preferred botanical extracts application

The food segment accounted for a larger share of the botanical extracts market, in terms of value, in 2016. They are available in the form of water- & oil-soluble liquids and powders. Urbanization, high disposable income, and growth in demand for healthy nutritional foods have increased demand for botanical extracts.

North America estimated to be the most lucrative market for botanical extracts

In 2017, North America is estimated to account for a significant share in the global botanical extracts market, while Europe is projected to grow at the highest CAGR during the forecast period. The increase in consumer awareness regarding the benefits of consumption of food & beverages that include botanical extracts, without compromising on the flavor of the products has broadened base for botanical extracts in the region. The European market is driven by shifting consumer preferences toward natural products and healthy lifestyles.

This report includes a study of marketing and developmental strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as Frutarom Ltd (Israel), Döhler GmbH (Germany), and Kalsec Inc. (U.S.). Other players include Blue Sky Botanics (U.K.), Ransom Naturals (U.K.), Prinova Group LLC (U.S.), Synergy Flavors (U.S.), and Haldin International (Indonesia).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com

Connect Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441

Search reports