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Botanical Extracts Market by Application and Geography - Forecast and Analysis 2021-2025

  • Published: Mar 2021
  • Pages: 120
  • SKU: IRTNTR70442
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The botanical extracts market has the potential to grow by USD 2.19 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 8.42%.

This botanical extracts market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by geography (North America, Europe, APAC, South America, and MEA) and application (F and B, nutraceuticals, and cosmetics). The report also offers information on several market vendors, including Bell Flavors and Fragrances Inc., BI Nutraceuticals, and Dohler GmbH, among others.

What will the Botanical Extracts Market Size be in 2021?

Botanical-Extracts-Market-Market-Size-2020-2025

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Botanical Extracts Market: Key Drivers and Trends

The growing awareness of the benefits of natural cosmetics is notably driving the botanical extracts market growth, although factors such as high price of products may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the botanical extracts industry get your FREE report sample now.

  • Synthetics makeup contains preservatives and harsh chemicals. These may cause side effects such as acne, hair loss, skin irritations, dark spots, and skin allergies.
  • The demand for natural beauty products is rising, encouraging manufacturers to use botanical extracts from flowers, leaves, fruits, water, herbs, and minerals to produce natural cosmetics.
  • Natural beauty products have antimicrobial properties, tyrosinase inhibitors, and antioxidants.
  • Natural beauty products are also eco-friendly and protect the skin from harsh, free radical damage.
  • The benefits are driving the demand for botanical extracts from the cosmetics industry, resulting in botanical extracts market growth.
  • The growing application of botanical extracts in the beverage industry is one of the key market trends.
  • Botanical extracts are used in the manufacturing of wine and beer.
  • The need for botanical extracts as functional beer additives is high due to the demand for new beer flavors.
  • Botanical extracts such as seaweed, herbs, and spices and grape seed extracts are also used in green tea and soft drinks.
  • The trend is expected to grow substantially in the coming years with a growing inclination in the F&B industry towards natural ingredients and products. 

This botanical extracts market analysis report also provides detailed information on upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Botanical Extracts Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Bell Flavors and Fragrances Inc.
  • BI Nutraceuticals
  • Dohler GmbH
  • International Flavors and Fragrances Inc.
  • Kerry Group Plc
  • MB Holding GmbH and Co. KG
  • Prinova Group LLC
  • PT Indesso Aroma
  • Synergy Flavors Inc.
  • Synthite Industries Pvt. Ltd.

 

The botanical extracts market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the botanical extracts market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Botanical Extracts Market?

Botanical-Extracts-Market-Market-Share-by-Region-2020-2025

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34% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for botanical extracts in North America. Market growth in this region will be slower than the growth of the market in other regions.

The thriving private healthcare sector and increasing investments will facilitate the botanical extracts market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Geography Segments in the Botanical Extracts Market?

Botanical-Extracts-Market-Market-Share-by-Application-2020-2025

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Botanical extracts are used in the F and B industry to add functional benefits to various food and beverages such as alcoholic and non-alcoholic beverages, dairy products, meat products, bakery, and confectionery. High demand for clean label, transparent, and premium products that are fresh and minimally-processed encourage F and B companies to adopt botanical extracts as key ingredients to their products. These extracts are used for their health effects, such as for anti-inflammatory, antioxidant, and antibacterial properties. The growth of the market segment is expected to be significant during the forecast period.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the botanical extracts market size.

 

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What are the Key Factors Covered in this Botanical Extracts Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive botanical extracts market growth during the next five years
  • Precise estimation of the botanical extracts market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the botanical extracts industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of botanical extracts market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Botanical Extracts Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 8%

Market growth 2021-2025

$ 2.19 billion

Market structure

Fragmented

YoY growth (%)

3.37

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 34%

Key consumer countries

US, France, China, Canada, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Bell Flavors and Fragrances Inc., BI Nutraceuticals, Dohler GmbH, International Flavors and Fragrances Inc., Kerry Group Plc, MB Holding GmbH and Co. KG, Prinova Group LLC, PT Indesso Aroma, Synergy Flavors Inc., and Synthite Industries Pvt. Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • F and B - Market size and forecast 2020-2025
    • Nutraceuticals - Market size and forecast 2020-2025
    • Cosmetics - Market size and forecast 2020-2025
    • Market opportunity by Application

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Competitive scenario
      • Vendor landscape
      • Landscape disruption
      • Industry risks

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Bell Flavors and Fragrances Inc.
      • BI Nutraceuticals
      • Dohler GmbH
      • International Flavors and Fragrances Inc.
      • Kerry Group Plc
      • MB Holding GmbH and Co. KG
      • Prinova Group LLC
      • PT Indesso Aroma
      • Synergy Flavors Inc.
      • Synthite Industries Pvt. Ltd.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
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      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      Botanical Extracts market growth will increase by $2195.18 million during 2020-2025.
      The botanical extracts market is expected to grow at a CAGR of 8.42% during 2020-2025.
      Technavio has segmented the botanical extracts market by application (F and B, Nutraceuticals, and Cosmetics) and geographic (North America, Europe, APAC, South America, and MEA).
      Bell Flavors and Fragrances Inc., BI Nutraceuticals, Dohler GmbH, International Flavors and Fragrances Inc., Kerry Group Plc, MB Holding GmbH and Co. KG, Prinova Group LLC, PT Indesso Aroma, Synergy Flavors Inc., Synthite Industries Pvt. Ltd. are a few of the key vendors in the botanical extracts market.
      North America will register the highest growth rate of 34.38% among the other regions. Therefore, the botanical extracts market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the botanical extracts market growth are:
      • Incidences of chronic diseases increase demand for non-traditional drug sources
      The botanical extracts market vendors should focus on grabbing business opportunities from the f and b segment as it accounted for the largest market share in the base year.
      • What are the key global market and the regional market share?
      • What are the revenue-generating key market segments?
      • What are the key factors driving and challenging this market’s growth?
      • Who are the key market vendors and their growth strategies?
      • What are the latest trends influencing the growth of this market?
      • What are the variables influencing the market growth in the primary regions?
      • What are the factors influencing the growth of the parent market?
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