Global Botanical Extracts Market is estimated to grow at brisk CAGR during 2022-2027.The primary factor influencing the growth in global botanical extracts market is the shifting consumer preference towards natural formulations in food & beverage items. The growing realization of health impacts from artificial flavors, scents and colors in food products is probing the growth in botanical extracts across the globe. Innovative product launches are successfully gaining traction among health-conscious customers, thereby driving the global botanical extracts market at a robust pace, through 2027.
Global botanical extracts market is segmented by application, by form, by source and by geography. By geography, it is further segmented into Asia Pacific, North America, Europe, Middle East & Africa, and South America. North America accounted for the significant revenue shares in the global botanical extracts market in 2021 and the trend is likely to continue until 2027 as well. This is due to growing consumption of dietary supplements in countries such as Canada and USA, driving the demand for botanical extracts in the region.
Global botanical extracts market is dominated by players namely, Frutarom Industries Ltd. (Israel), Kalsec Inc (US), Döhler GmbH (Germany), Synergy Flavors (US),
Objective of the Study
- To outline, classify and estimate the Global Botanical Extracts market on the basis of source, application, form and regional distribution.
- To study and forecast the Global market size of the Botanical Extracts, in terms of value and volume.
- To understand the regional market structure of Botanical Extracts market, the global Botanical Extracts market is segmented in five regions, namely – Asia-Pacific, North America, Europe, Middle East & Africa and South America and forecast the market size, in terms of value and volume.
- To identify the detailed information about the prime factors affecting the global Botanical Extracts market.
- To evaluate competitor pricing, average market selling prices and margins in the global Botanical Extracts market.
- To examine competitive developments such as expansions, new entrants in the global Botanical Extracts market.
- To strategically profile the leading players in the market which are involved in the manufacturing and supply of Botanical Extracts worldwide.
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marketinsights Research performed both primary as well as exhaustive secondary research for this study. Initially, marketinsights Research sourced a list of leading Botanical Extracts manufacturers across the globe. Subsequently, marketinsights Research conducted primary research surveys with the identified companies. While interviewing, the company personnel were also enquired about their key products, prices of products and competitors. Through this technique, marketinsights Research was able to include the manufacturers which could not be identified due to the limitations of secondary research. marketinsights Research analyzed the sources, applications, forms, distribution network and regional presence of all major Botanical Extracts manufacturers across the globe.
marketinsights Research calculated the market size for Global Botanical Extracts using a bottom-up approach, where manufacturers’ value sales data for standard applications (Bakery & Confectionery, Sauces and Dressings, Alcoholic Beverages, Carbonated Soft Drinks, Iced Teas, Flavored Dairy Products and Others) were recorded and forecast for the future years. marketinsights Research sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources, secondary sources directories, databases, company annual reports, white papers, investor presentations and financial reports were also used by the marketinsights Research.
Key Target Audience
- Botanical Extracts Manufacturers and Suppliers
- Research organizations and consulting companies
- Trade Associations, organizations, forums and alliances related to Botanical Extracts
- Government bodies such as regulating authorities and policy makers
- Industry associations
- Market research and consulting firm
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as Botanical Extracts manufacturers, distributors and dealers, customers and policy makers about which market segments should be targeted over the coming years (next two to five years) in order to strategize investments and capitalize on the growth of the market segment.
| Attribute | Details |
| Base Year | 2021 |
| Historical Years | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027 |
| Report Coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Application· Form· Source |
| Regional Scope | North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
| Country Scope | United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt |
| Key Companies Profiled | Frutarom Industries Ltd. (Israel), Kalsec Inc (US), Döhler GmbH (Germany), Synergy Flavors (US), Blue Sky Botanics Ltd. (UK). |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope
In this report, the Botanical Extracts has been segmented into the following categories in addition to the industry trends which have also been detailed below
- Global Botanical Extracts Market, by Application
- Bakery & Confectionery
- Sauces and Dressings
- Alcoholic Beverages
- Carbonated Soft Drinks
- Iced Teas
- Flavored Dairy Products
- Others
- Global Botanical Extracts Market, by Form
- Global Botanical Extracts Market, by Source
- Spices
- Herbs
- Tea leaves
- Flowers
- Global Botanical Extracts Market, by Geography
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Rest of APAC
- North America
- U. S.
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Middle East & Africa
- Saudi Arabia
- UAE
- Iran
- South Africa
- South America
- Brazil
- Colombia
- Argentina
- Rest of South America
