CRI market research report

Plant Extracts Market—Forecast till 2028

$4450 – $6250

Plant Extracts Market: Information by Type (Phytomedicines & Herbal Extracts, Essential Oils, Spices, Flavors & Fragrances), by Source (Fruits, Flowers & Bulbs, Leaves, Rhizomes & Roots, Barks & Stems), by Application (Pharmaceuticals & Dietary Supplements, Food & Beverages, Personal Care, and Others) and by Region (North America, Europe,Asia-Pacific, South America, and Middle East & Africa)—Forecast till 2028

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Description

Plant Extracts Market—Forecast till 2028

Market Overview
The global plant extracts market is estimated to exhibit a notable CAGR of 5.57% to beat a value of USD 53,694.4 million during the review period.

Plant extract is the product obtained from extraction and partition measures where plants are utilized as unrefined components. A plant extract is a substance or a functioning fixing with helpful properties; this extract is eliminated from the plant tissues, generally by treating it with a dissolvable, to be utilized for a specific reason.

Roots, bulbs, organic products, leaves, barks, and stems are among the significant wellsprings of plant extracts. Additionally, the consumer inclination towards buying chemical-free and organic products is fuelling the global market during the study.

The worldwide plant extracts market has seen a huge development rate throughout the most recent couple of years and is projected to enroll at a 5.57% CAGR during the estimated time frame.

The rising interest for dietary enhancements, expanding utilization of plant extracts in close-to-home consideration items, and developing interest for normal food fixings are significantly driving the development of the plant extracts market.

The rising interest for regular and natural scents and the developing ubiquity of Ayurveda are likewise factors making an astute market for the market players to develop and grow. Nonetheless, restricted accessibility and fluctuating costs of natural substances are limiting the development of the market.

Segment Overview
The global plant extracts market has been classified into type, source, and application.
In terms of type, the global plant extracts market has been categorized into phytomedicines & herbal extracts, essential oils, spices, flavors & fragrances.

Based on the source segment, the global plant extracts market is classified into fruits, flowers, & bulbs, leaves, rhizomes & roots, and barks &stems.
By application segment, the global plant extracts market has been divided into pharmaceuticals & dietary supplements, food & beverages, personal care, and others.

Regional Analysis
The region-specific analysis of the global plant extracts market has been classified into North America, Europe, Asia-Pacific, South America, Middle East & Africa.

North America represented the biggest portion of the overall industry of 32.02% in 2020. The expanding interest for regular fixings in a few food and drinks is expected to additionally pushes the development of the plant extricates market in North America.

Product development in the food and refreshment industry is another main consideration prompting market development. Shoppers are exceptionally disposed toward skincare items with normal fixings, which prompts an expansion in the use of plant separates in brilliance and hostile to cellulite items.

Europe was the second-biggest market in 2020 and is projected to display a CAGR of 5.59% during the survey time frame. The market in Asia-Pacific is anticipated to exhibit the most elevated CAGR during the review period.

Major Players
Some of the key players in the global plant extracts market are Givaudan SA (Switzerland), International Flavors & Fragrances Inc (US), Symrise (Germany), Sensient Technologies Corporation (US), Synthite Industries Ltd (India), Synergy Flavors Inc. (US), Döhler Group (Germany), Indesso (Indonesia), Vidya Herbs (India), and Nutra Green Biotechnology Co., Ltd. (China).

COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries.

Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

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Table of Contents

TABLE OF CONTENTS 1 EXECUTIVE SUMMARY 14 1.1 MARKET ATTRACTIVENESS ANALYSIS 15 1.1.1 GLOBAL PLANT EXTRACTS MARKET, BY TYPE 16 1.1.2 GLOBAL PLANT EXTRACTS MARKET, SOURCE 17 1.1.3 GLOBAL PLANT EXTRACTS MARKET, APPLICATION 18 1.1.4 GLOBAL PLANT EXTRACTS MARKET, BY REGION 19 2 MARKET INTRODUCTION 20 2.1 DEFINITION 20 2.2 SCOPE OF THE STUDY 20 2.3 RESEARCH OBJECTIVE 20 2.4 MARKET STRUCTURE 20 2.5 KEY BUYING CRITERIA 21 3 RESEARCH METHODOLOGY 22 3.1 RESEARCH PROCESS 22 3.2 PRIMARY RESEARCH 23 3.3 SECONDARY RESEARCH 24 3.4 MARKET SIZE ESTIMATION 24 3.5 FORECAST MODEL 26 3.6 LIST OF ASSUMPTIONS & LIMITATIONS 27 4 MARKET DYNAMICS 28 4.1 INTRODUCTION 28 4.2 DRIVERS 29 4.2.1 RISING DEMAND FOR DIETARY SUPPLEMENTS 29 4.2.2 INCREASING USE IN PERSONAL CARE PRODUCTS 29 4.2.3 GROWING DEMAND FOR NATURAL FOOD INGREDIENTS 29 4.2.4 DRIVERS IMPACT ANALYSIS 30 4.3 RESTRAINT 30 4.3.1 LIMITED AVAILABILITY AND FLUCTUATING PRICES OF RAW MATERIALS 30 4.3.2 RESTRAINTS IMPACT ANALYSIS 31 4.4 OPPORTUNITIES 31 4.4.1 RISING DEMAND FOR NATURAL AND ORGANIC FRAGRANCES 31 4.4.2 GROWING POPULARITY OF AYURVEDA 31 5 MARKET FACTOR ANALYSIS 32 5.1 VALUE CHAIN ANALYSIS 32 5.1.1 RAW MATERIAL PROCUREMENT 33 5.1.2 PROCESSING 34 5.1.3 PACKAGING 34 5.2 SUPPLY CHAIN ANALYSIS 35 5.3 PORTER’S FIVE FORCES MODEL 36 5.3.1 THREAT OF NEW ENTRANTS 36 5.3.2 BARGAINING POWER OF SUPPLIERS 37 5.3.3 THREAT OF SUBSTITUTES 37 5.3.4 BARGAINING POWER OF BUYERS 37 5.3.5 INTENSITY OF RIVALRY 37 6 IMPACT OF THE COVID-19 OUTBREAK ON THE GLOBAL PLANT EXTRACTS MARKET 38 6.1.1 OVERVIEW 38 6.1.2 IMPACT ON PRODUCTION & RAW MATERIAL AVAILABILITY 38 6.1.3 IMPACT ON SUPPLY CHAIN 38 6.1.4 IMPACT ON APPLICATION AREAS 38 7 GLOBAL PLANT EXTRACTS MARKET, BY TYPE 39 7.1 OVERVIEW 39 7.1.1 GLOBAL PLANT EXTRACTS MARKET ESTIMATES & FORECAST, BY TYPE, 2019–2028 40 7.2 PHYTOMEDICINES & HERBAL EXTRACTS 40 7.2.1 PHYTOMEDICINES & HERBAL EXTRACTS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 40 7.3 ESSENTIAL OILS 41 7.3.1 ESSENTIAL OILS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 41 7.4 SPICES 41 7.4.1 SPICES: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 42 7.5 FLAVORS & FRAGRANCES 42 7.5.1 FLAVORS & FRAGRANCES: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 42 8 GLOBAL PLANT EXTRACTS MARKET, SOURCE 43 8.1 OVERVIEW 43 8.1.1 GLOBAL PLANT EXTRACTS MARKET ESTIMATES & FORECAST, BY SOURCE, 2019–2028 44 8.2 FRUITS, FLOWERS & BULBS 44 8.2.1 FRUITS, FLOWERS, & BULBS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 44 8.3 LEAVES 45 8.3.1 LEAVES: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 45 8.4 RHIZOMES & ROOTS 46 8.4.1 RHIZOMES & ROOTS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 46 8.5 BARKS & STEMS 47 8.5.1 BARKS & STEMS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 47 9 GLOBAL PLANT EXTRACTS MARKET, BY APPLICATION 48 9.1 OVERVIEW 48 9.1.1 GLOBAL PLANT EXTRACTS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019–2028 49 9.2 PHARMACEUTICALS & DIETARY SUPPLEMENTS 49 9.2.1 PHARMACEUTICALS & DIETARY SUPPLEMENTS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 50 9.3 FOOD & BEVERAGES 50 9.3.1 FOOD & BEVERAGES: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 50 9.4 PERSONAL CARE 51 9.4.1 PERSONAL CARE: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 51 9.5 OTHERS 52 9.5.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 52 10 GLOBAL PLANT EXTRACTS MARKET, BY REGION 53 10.1 OVERVIEW 53 10.2 NORTH AMERICA 55 10.2.1 US 57 10.2.2 CANADA 58 10.2.3 MEXICO 59 10.3 EUROPE 61 10.3.1 UK 63 10.3.2 GERMANY 64 10.3.3 FRANCE 66 10.3.4 ITALY 67 10.3.5 SPAIN 68 10.3.6 RUSSIA 69 10.3.7 REST OF EUROPE 70 10.4 ASIA-PACIFIC 72 10.4.1 CHINA 74 10.4.2 INDIA 75 10.4.3 JAPAN 76 10.4.4 AUSTRALIA & NEW ZEALAND 78 10.4.5 REST OF ASIA-PACIFIC 79 10.5 SOUTH AMERICA 81 10.5.1 BRAZIL 83 10.5.2 ARGENTINA 84 10.5.3 REST OF SOUTH AMERICA 85 10.6 MIDDLE EAST & AFRICA 87 10.6.1 GCC COUNTRIES 89 10.6.2 SOUTH AFRICA 90 10.6.3 REST OF THE MIDDLE EAST & AFRICA 91 11 COMPETITIVE LANDSCAPE 93 11.1 INTRODUCTION 93 11.1.1 MARKET STRATEGY ANALYSIS 93 11.2 COMPETITIVE BENCHMARKING 94 11.3 KEY DEVELOPMENTS 95 11.3.1 EXPANSION 95 11.3.2 PRODUCT LAUNCH 95 11.3.3 ACQUISITION 96 11.3.4 AGREEMENT 96 11.3.5 PARTNERSHIP 97 12 COMPANY PROFILES 98 12.1 GIVAUDAN SA 98 12.1.1 COMPANY OVERVIEW 98 12.1.2 FINANCIAL OVERVIEW 99 12.1.3 PRODUCTS OFFERED 100 12.1.4 KEY DEVELOPMENTS 100 12.1.5 SWOT ANALYSIS 101 12.1.6 KEY STRATEGIES 101 12.2 INTERNATIONAL FLAVORS & FRAGRANCES, INC. 102 12.2.1 COMPANY OVERVIEW 102 12.2.2 FINANCIAL OVERVIEW 102 12.2.3 PRODUCTS OFFERED 103 12.2.4 KEY DEVELOPMENTS 104 12.2.5 SWOT ANALYSIS 104 12.2.6 KEY STRATEGIES 105 12.3 SYMRISE 106 12.3.1 COMPANY OVERVIEW 106 12.3.2 FINANCIAL OVERVIEW 106 12.3.3 PRODUCTS OFFERED 107 12.3.4 KEY DEVELOPMENTS 107 12.3.5 SWOT ANALYSIS 108 12.3.6 KEY STRATEGIES 108 12.4 SENSIENT TECHNOLOGIES CORPORATION 109 12.4.1 COMPANY OVERVIEW 109 12.4.2 FINANCIAL OVERVIEW 109 12.4.3 PRODUCTS OFFERED 110 12.4.4 KEY DEVELOPMENTS 111 12.4.5 SWOT ANALYSIS 112 12.4.6 KEY STRATEGIES 112 12.5 SYNERGY FLAVORS, INC. 113 12.5.1 COMPANY OVERVIEW 113 12.5.2 FINANCIAL OVERVIEW 113 12.5.3 PRODUCTS OFFERED 113 12.5.4 KEY DEVELOPMENTS 113 12.5.5 SWOT ANALYSIS 114 12.5.6 KEY STRATEGIES 114 12.6 SYNTHITE INDUSTRIES LTD 115 12.6.1 COMPANY OVERVIEW 115 12.6.2 FINANCIAL OVERVIEW 115 12.6.3 PRODUCTS OFFERED 115 12.6.4 KEY DEVELOPMENTS 118 12.6.5 KEY STRATEGIES 118 12.7 DÖHLER GROUP 119 12.7.1 COMPANY OVERVIEW 119 12.7.2 FINANCIAL OVERVIEW 119 12.7.3 PRODUCTS OFFERED 120 12.7.4 KEY DEVELOPMENTS 120 12.7.5 KEY STRATEGIES 120 12.8 INDESSO 121 12.8.1 COMPANY OVERVIEW 121 12.8.2 FINANCIAL OVERVIEW 121 12.8.3 PRODUCTS OFFERED 121 12.8.4 KEY DEVELOPMENTS 122 12.8.5 KEY STRATEGIES 122 12.9 VIDYA HERBS 123 12.9.1 COMPANY OVERVIEW 123 12.9.2 FINANCIAL OVERVIEW 123 12.9.3 PRODUCTS OFFERED 123 12.9.4 KEY DEVELOPMENTS 125 12.9.5 KEY STRATEGIES 125 12.10 NUTRA GREEN BIOTECHNOLOGY CO., LTD. 126 12.10.1 COMPANY OVERVIEW 126 12.10.2 FINANCIAL OVERVIEW 126 12.10.3 PRODUCTS OFFERED 126 12.10.4 KEY DEVELOPMENTS 127 12.10.5 KEY STRATEGIES 127 13 REFERENCES 128

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