Botanical Extracts Market Competitive Landscape Study & Analysis, Forecast To 2030

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Botanical Extracts Market to at over 7 CAGR by
2030
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Overview of Botanical Extracts Market

• In terms of source, the tea leaves segment is
  projected to surpass USD 2 billion by 2030. Tea
  leaf botanical extracts offer a spectrum of
  benefits ranging from regulating blood pressure,
  supporting digestive health, and improving
  metabolic functions to soothing inflammation, and
  protecting the skin from sun exposure. The proven
  benefits of botanical extracts sourced from tea
  leaves in promoting weight loss and enhancing
  mental alertness may open new growth avenues for
  the industry.
• With respect to form, the liquid botanical
  extracts market segment is likely to depict a
  strong CAGR throughout the forecast period and
  record a sizeable valuation by 2030. Liquid
  herbal extracts are versatile, simple to make,
  easy to consume, and have greater potency than
  the other forms. They are easily and rapidly
  absorbed, utilized, and digested by the body,
  thus ensuring immediate benefits
  post-consumption. Besides, the higher
  concentration of antioxidants and other potential
  ingredients compared to original herbs and other
  forms of extracts may propel liquid botanical
  extracts sales over the coming years.

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• In terms of type, the synthetic segment is set to
  propel substantially by the end of 2032. The
  segment's rapid growth is attributed to the
  increasing use of synthetic Botanical Extracts by
  supplement and skincare manufacturers in
  different products. Botanical Extracts plays a
  vital role in maintaining skin health as it
  regulates the regular activities of skin cells.
  Rising demand in the growing cosmetics market due
  to increased disposable income and rising
  consumer standards will drive product demand in
  the future.
• Considering the application perspective, the
  personal care cosmetics segment is projected to
  grow at 6 CAGR during 2023 to 2032. Botanical
  Extracts is used in personal care products as it
  improves blood flow, enhances epidermal cell
  hydration, and retains facial glow. It also helps
  stimulate collagen growth, prevents aging
  breakdown and reduces the appearance of fine
  facial lines. All these factors are projected to
  increase product adoption and spur segmental
  expansion.

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• Regarding applications, the others segment is
  expected to exhibit over 5.5 CAGR during the
  forecast period and record a valuation worth USD
  500 million by 2030. The increasing utilization
  of botanical extracts in manufacturing several
  products, including fabric detergents,
  dishwashers, fabric conditioners, tissues, and
  air care products, will drive the segment
  expansion in the foreseeable future.
• Regionally, the Middle East Africa botanical
  extracts industry was worth USD 100 million in
  2021 and is projected to cross USD 200 million by
  2030. The escalating RD efforts by regional
  pharmaceutical companies to study problems
  related to modern medicine such as antimicrobial
  resistance and find an effective cure for
  diseases such as cancer will fuel the regional
  industry. In addition, the proliferating FB
  sector and growing health awareness will drive
  product demand across the MEA region.
• Notable participants in the Botanical Extracts
  market include Lipoid-Kosmetik, Nektium, Ambe NS
  Agro Products Pvt. Ltd., Berkem, Blue Sky
  Botanics Ltd., Synergy Flavors, Ransom Naturals
  Ltd., Kalsec Inc., Synthite Industries Ltd.,
  Döhler GmbH, Nutra Green Biotechnology Co., Ltd.,
  Kuber Impex Ltd., Mb-Holding GmbH Co. Kg, Bell
  Flavors Fragrances, Martin Bauer Group,
  International Flavors Fragrances Inc.,
  Botanica, and Native Extracts.

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