Botanical Extracts Market, by Source (Spices, Herbs, Tea Leaves, Flowers and Others), by Type (Aspen Bark, Burdock Root, Chamomile, Grape Seed, Honeysuckle Flower, Licorice Root, Chia Organic, Cucumber Peel, Sunflower and Others), by Form (Powder, Liquid), by End Use Industry (Food & Beverage, Personal Care, Pharmaceutical and Others – Global Industry Insights, Trends and Forecast, 2017 - 2025

Created On: Jun-2018
Report ID: IR98
Format: PDF

Botanical extracts refers to the natural extracts that are prepared from the sources of plants which includes herbs, leaves, flowers, fruits, spices among others. Such extracts consists of natural ingredients such as terpenoids, phenols, resins and others which are normally used in the preparation of beverages, food, medicines, nutraceuticals and other food products owing to its therapeutic property. For instance, green tea leaves are used for medicinal purpose and beverage owing to their high content of polyphenolic along with properties such as anti-carcinogenic, antioxidant, and anti-inflammation. In addition to this Vitamin E, Antioxidants is known to reduce aging that is caused by environmental factors.

Rise in awareness toward proper health and demand for natural ingredients that are infused in food, beverages, cosmetics pharmaceutical and nutraceutical has resulted to the rise in demand for botanical extracts in recent years. Additionally the longer shelf life of the botanical extracts has resulted to the rise in the demand from the pharmaceutical industry.

North America dominated the market followed by Europe owing to the rising demand of botanical extracts in the food and beverage industry in recent years. According to the Canadian Foods and Drugs Act, functional foods are segmented under Generally Recognized as Safe. In addition to this natural ingredients in tea is a key trend and thus generating demand for the global botanical extracts. Asia Pacific is expected to witness the fastest growth during the forecast period owing to the fact that it is one of the largest supplier of botanical extracts. The raw materials for the botanical extracts in Asia Pacific region are obtained both from the cultivated and the harvested land.

Manufacturers of botanical extracts adopt several strategies in order to grab a larger part of the market share than the competitor. They are introducing technologies that are related to the extraction methods in order to expand their product portfolio. In 2017, Botaneix is one of the key companies in the botanical extracts introduced a cost effective patented technology that is used to extract L-Theanine from the green tea Some of the manufacturers of Botanical Extracts Market are Frutarom, Blue Sky Botanics Ltd, Ransom Natural Ltd, Dohler, Nutra Green Biotechnology Co. Ltd, Prinova Group LLC, Kalsec Inc. among others.

Our Research Approach Includes
  •  Market Outlining
  •  Framing discussion guide
  •  Data Validation
  • Data Analysis
  •  Re-Validation and Finalization of Data
  •  Report Insights and Publishing
Our Research Approach Includes
  •  Market Outlining
  •  Framing discussion guide
  •  Data Validation
  • Data Analysis
  •  Re-Validation and Finalization of Data
  •  Report Insights and Publishing
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