Plant Extracts Market Growth Analysis and 2020 Industry Share


Posted March 26, 2022 by Serra1

According to Stratistics MRC, Global Plant Extracts Market Value is expected to reach $53.78 billion by 2028 growing at a CAGR of 8.0% during the forecast period.
 
Plant extracts is a substance that is extracted from plant and herbs. It has medicinal properties and is also a source of active compounds such as alkaloids, steroids, tannins, glycosides, volatile oils, phenols, and flavonoids. These active compounds are found in various part of the plants such as leaves, flowers, bark, seeds, fruits, and roots. Plant extracts are used in various industries such as food and beverage, cosmetic, pharmaceutical and others.

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By geography, Asia Pacific is going to have high growth during the forecast period due to the development of new plant-based pharmaceuticals and the rise in the beverage industry, where consumer preferences continue to shift away from carbonated soft drinks toward alternative beverages with natural flavor loadings.

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Some of the key players profiled in the Plant Extracts Market include Alkaloids Corp., BerryPharma AG, FT Technologies, Herbal Extract Company, Indena, Ingredia Nutritional, Kangcare Bioindustry Co. Ltd., Kuber Impex Ltd., Lehmann & Voss & Co. KG, Nantong Sihai Plant Extracts Co., Ltd., Naturex, Network Nutrition, Nutri-Pea Ltd., Organic Herb Inc. and Phytovation Ltd.

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

For more information about this report visit https://www.strategymrc.com/report/plant-extracts-market

Related Markets:
1) https://www.strategymrc.com/report/plant-based-meat-market
2) https://www.strategymrc.com/report/food-preservatives-market

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Issued By Madhav Ram
Country India
Categories Food , Industry , Reports
Last Updated March 26, 2022