The global Plant Extract Market report present evidence-based information and covers all the market details such as the latest technology trends, market opportunity analysis, and competitive landscape. The report also covers regional market share, size along with market drivers and restraints for the forecast period of 2018-2024. Further, this research report also delivers information associated with the latest developments by major players with their respective market share in the market.
According to the global Plant Extract Market report published by Value Market Research, the market is expected to touch USD 92,520.2 MN by 2024, with a CAGR of 10.5% growing from USD 45,367.2 MN in 2017.
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the plant extract market includes Alkaloids Corp., Berrypharma AG, Indena, Ingredia Nutritional, Organic Herb Inc., Plant Extracts International Inc., Phytovation Ltd., Prinova Group, Naturex, Sigma-Aldrich Co. LLC, QUALIPHAR, Kuber Impex Ltd., Kangcare Bioindustry Co. Ltd., Nantong Sihai Plant Extracts Co., Ltd., Lehmann & Voss & Co. Kg and Linnea S.A. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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Market Dynamics
A lot of developments are taking place in the end-use industries in order to suffice consumer needs thereby helping in the evolution of these industries. One single extract can be used for various applications when used in combination with other extracts or ingredients, for instance, ashwagandha extract is used for arthritis, hiccups, asthma, tuberculosis, insomnia, leukoderma, bronchitis and chronic liver diseases. As a result of this diversity, there is a wide scope of growth for end-user industries. Global medicinal plant extracts market is growing owing to rising demand for herbal medicines and ayurvedic & homeopathic products because of change in consumer behavior thus influencing the growth of this market. However, the market has good penetration across the world. There is no significant threat or challenge to this market.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of plant extract.
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Market Segmentation
The broad plant extract market has been sub-grouped into type, forms and end-use. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Type
Herbal ExtractsPhytochemicalsSpicesEssential Oils And Natural ExtractsFlavors And FragrancesOthers
By Form
PowderLiquidOthers
By End-Use
PharmaceuticalsCosmeticsFunctional Food And Beverages
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for plant extract in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
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