Global Food Botanicals Market - Forecast(2023 - 2028)

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Food Botanicals MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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• Food Botanicals Market size is estimated to
  reach 2.1 billion by 2026, growing at a CAGR of
  3.6 during the forecast period 2021-2026. Food
  botanicals refer to the plant extracts and herbs
  that are used to add flavor, fragrance, and color
  to the food industry. Food botanicals extend the
  shelf life of the food products and are also used
  to add therapeutic properties to the products.
  These are extracted in different organic solvents
  and water to be used in the food industry and are
  mainly sourced from plants and algae.

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• Key Takeaways
• Geographically, the Asia-Pacific Food Botanicals
  Market accounted for the highest revenue share in
  2020 and it is poised to dominate over the period
  2021-2026 owing to the rise in the demand for
  primrose oil in sauces and dressings.
• The increase in the adoption of black cohosh in
  bakery and confectionery products is driving the
  Bakery Confectionery segment. However, the lack
  of consistency in the availability of raw
  materials is one of the major factors that is
  said to reduce the growth of the Food Botanicals
  Market.

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• By Distribution Channel- Segment Analysis
• The Food Botanicals Market based on the Source
  can be further segmented into Plants, Algae, and
  Lichens or Fungi. The Plants segment held the
  largest share in 2020 and is also estimated to be
  the fastest-growing segment with a CAGR of 3.9
  over the period 2021-2026. This growth is owing
  to the factors such as the increase in the
  adoption of black cohosh in various food
  applications and the growing demand for green tea
  extracts among the young population.

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• Food Botanicals Market Industry Outlook
•  Kerry Group
• Dohler GmbH
• Martin Bauer Group
• Blue Sky Botanics Ltd
• Frutarom Industries Ltd

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Food Botanicals Market- Forecast(2021 -
2026) Learn More About the Report _at_
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otanicals-Market-Research-513261
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  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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