Botanical Extracts Market to See Incredible Growth By 2025

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Botanical Extracts Market- Global Industry
Insight, Trends, Outlook, and Opportunity
Analysis 2017-2025

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REPORT DESCRIPTION
Botanical Extracts Market Overview
Any drug or pesticide that is made or extracted
from parts of plants is referred to as botanical
extracts. Demand for botanical extracts is
registering steady growth, particularly in
pharmaceutical and cosmetic sectors. Increasing
awareness regarding the side effects of
allopathic medicines together with the growing
awareness about therapeutic effects and medicinal
benefits of herbal products is driving the growth
of global botanical extracts market. The long
shelf life of botanical extracts along with its
sudden reaction has led to an increase in demand
for botanical extracts in the pharmaceutical
industry. Functional food segment and
self-medication are expected to drive the global
botanical extracts market during the forecast
period. Use of botanical extracts for weight
management, anti-aging, joint bone health, and
digestion, among others, is identified to be a
prominent trend in the global market. Spices are
the largest source of botanical extracts and the
segment accounts for the largest share in the
global botanical extracts market. It finds
significant application in the food and beverage
industry. The powder segment is expected to
account for a significant market share during the
forecast period. Rising trend of exploring new
cuisines and growing demand for healthy food will
propel the demand for botanical extracts in the
food industry.
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REPORT DESCRIPTION

• Market Taxonomy
• On the basis of source, the global market is
  classified into
• Spices
• Herbs
• Flowers
• Tea Leaves
• On the basis of form, the global market is
  classified into
• Liquid
• Powder
• On the basis of application, the global market is
  classified into
• Food
• Sauces
• Bakery Confectionery
• Beverages
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REPORT DESCRIPTION
Market Outlook North America is expected to be
the most lucrative market for botanical extracts
followed by Europe. Many companies are inclining
toward natural herb and botanical extracts
products as they are witnessing high demand from
every segment of food and beverage industry.
According to Canadian Foods and Drugs Act,
functional food products in North America are
categorized under Generally Recognized as Safe
(GRAS). Addition of natural, healthy, and
aromatic ingredients to tea is a key trend in the
market, which, in turn, demands more botanical
extracts in this sector. Substantial demand for
organic and fair trade ingredients are bolstering
the growth of global botanical extracts market.
Also, high investments made in the food and
beverage industry to develop new aromas and
flavors using spice and plant extracts is
expected to fuel the market growth. Botanical
extracts market in Europe is driven by shifting
consumer preference toward natural products and
healthy lifestyle. In street and convenience
foods, chilly and pepper are most commonly used,
which boost the use of botanical extracts in the
food industry. Manufacturers of botanical
extracts are introducing technologies related to
extraction methods to expand their portfolio. In
April 2017, BOTANIEX, one of the key companies in
botanical extracts market introduced a patented
cost-effective technology for extracting
L-Theanine from green tea, which provides the
beverage and supplement industry with an
affordable natural ingredient. To Get Discount on
this Report https//www.coherentmarketinsights.co
m/insight/request-discount/810
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