It is ancient knowledge that plants have curative value and are utilized in treating various diseases. All ancient civilizations worldwide are known to accept plants for medicinal purposes. Ayurveda and traditional Chinese medicines are popular in the world for their natural elements and countless benefits.
According to the research report, ‘Botanical Extracts Market: Current Analysis and Forecast (2021-2027)’. Some of the prime companies operating in the market are Mb-Holding GmbH & Co. Kg., Dohler GmbH., Blue Sky Botanics Ltd, Kuber Impex Ltd., and Synthite Industries Ltd., Kalsec Inc., Synergy Flavors, Nutra Green Biotechnology Co., Ltd, etc. The report comprehends company profiling of each company mentioned above based on essential parameters like company overview, Production Capacity, Revenue, Price and Gross Margin, key business strategy, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, SWOT analysis and lot more qualitative and quantitative information. The report further analyzes how far along the player is in the competition, stakeholders, company shares, and the steps they are following to reach a destination they planned for the future.
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In addition to that, the report also has sections dedicated to the market as a whole such as market dynamics, market synopsis, and market trends (historical and current). Along with this, the report analyses the research methodology and assumptions through various functional and analytical methods. It also throws light on application details, forecast predictions, data on sales and demand, recent technologies, various features of the market, and investment opportunities of the limestone market. The report also discusses several growth drivers, challenges, and restraints of the market. The report analyses the market quantitatively and qualitatively by tracing all the necessary sections influencing the market. Furthermore, the report contains a separate section for the covid-19 impact on the market, it determines all the impacts it made on the market.
Furthermore, the botanical extracts market is globally fragmented into various segments. The segments given in the report are – based on the Source (spices, herbs, flowers, and others), based on the Application (food & beverage, pharmaceutical, cosmetic & personal care, and others), based on the Form (powder and liquid), and based on the Region (North America, Europe, Asia-pacific, and the rest of the world). For a better understanding of the worldwide market, the report also covers all the countries aforementioned. Some of the countries given in the report are the United States, Canada, Germany, France, Italy, Spain, China, Japan, India, Australia, South Korea, and many others.
The botanical extracts market is expected to grow and reach a significant value in terms of USD million by the end of the year 2027. This will occur at a single-digit CAGR during the forecast period of 2020-2027. A jump up in the requirement for global wellness products and increasing awareness among the people about the aftereffect of allopathic medicines, combined with the amplifying appreciation for the medicinal benefits and therapeutic effects of herbal products, and herbal-based beauty aids is fuelling the demand for botanical extracts which leads to the expansion of the plants extracts market.
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Botanical Extracts Market by Application (Food: Bakery & Confectionery and Sauces & Dressings, Beverages: Alcoholic Beverages, Carbonated Soft Drinks, Ice Tea), Form, By Source (Spices, Herbs, Flowers, Tea leaves), and Geography – Global Forecast up to 2026
Ankur Gupta, Head Marketing & Communications