MarkNtel Advisors has released its latest report highlighting strong growth in The Global Botanical Ingredients Market is projected to grow at a CAGR of around 5.5% during the forecast period, i.e., 2024-30.
Report Coverage
This report offers a comprehensive analysis of the Botanical Ingredients Market, providing valuable insights across historical trends, current dynamics, and future forecasts.
- Base Year: 2023
- Forecast Years: 2024-30
- Historical Years: 2019-22
Botanical Ingredients Market Overview
The market is driven by the growing health consciousness among individuals and their swift inclination toward functional foods, demonstrating a mounting demand for botanical ingredients. As the trends of eating clean-label products & sustainable ingredients are upscaling rapidly, a spike in demand for these ingredients is witnessed across the world. The same aspect is instigating several prominent players to increase their production & distribution capacities and cater to the rising requirements worldwide.
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Botanical Ingredients Market Segmentation Outlook
The Botanical Ingredients is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
By Source
- Herbs
- Spices
- Flowers
- Leaves & Seeds
- Others
By Form
- Powder/Raw
- Liquid
By Extraction
- CO2 Extraction
- Solvent Extraction
- Steam Distillation
- Enfleurage
- Others
By Product
- Emulsifier
- Plant oils
- Plant colorants
- Fragrances
- Resin extracts
- Plant extracts
- Others
By Primary Ingredients
- Fruit & Vegetable extracts
- Drain Extracts
- Herbal Extracts
- Floral Extracts
- Others
By Application
- Food & Beverages
- Bakery & Confectionery
- Sauces & Dressings
- Energy Drinks
- Sports Drinks
- Functional Juices
- Dietary Supplements
- Pharmaceutical and Nutraceutical
- Cosmetics & Personal Care
- Others
By Distribution Channel
- Offline
- Supermarkets/Hypermarkets
- Convenience Stores
- Specialty Bakery/Stores
- Online
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Botanical Ingredients Market Driver
Surging Consumer Health Consciousness Leads to Market Growth – Growing global health consciousness is driving a surge in demand for botanical ingredients. These natural components find applications across various sectors like pharmaceuticals, food, and beverages. Their diverse properties cater to treating various disorders, from skin ailments to hormone regulation and bolstering immunity. Modern consumers increasingly prioritize natural ingredients over synthetic chemicals due to their medicinal advantages, thus amplifying the demand for botanical ingredients.
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Top Botanical Ingredients Market Brands & Their Strategic Market Positioning
MarkNtel Advisors Research identifies Archer Daniels Midland Company, AmbePhytoextractsPvt. Ltd., Bell Flavors & Fragrances, Botanical Ingredients Ltd., Blue Sky Botanics, Berje, Inc., Döhler GmbH, Fytosan (Die, France), Givaudan, Green Labs LLC, Haldin Natural, Indesso, International Flavors& Fragrances, Inc., Kalsec Inc., Koninklijke Euroma BV, Lipoid Kosmetic AG, Martin Bauer Group, Nexira, Nutrasorb, LLC, Prakruti Products Pvt. Ltd., Rutland Biodynamics Ltd., Synthite Industries, Synergy Flavors, The Herbarie at Stoney Hill Farm, Inc., Umalaxmi Organics Pvt. Ltd, Others as key players shaping the market landscape.
Botanical Ingredients Market News
- 2023: Neltium signed a partnership with three new global distribution channels to deliver its clinically researched and botanical extracts.
- 2023: Seppic and Botalys entered into a partnership for the new botanical cosmetic ingredients distribution.
Key Questions Answered in the Report
- What is the market size (value & volume) along with the current & future trends, growth factors & challenges, etc.?
- How the industry has been evolving, and which segments would dominate the market during the forecast period?
- What are the key opportunity areas that companies foresee in the coming years 2030?
- Who are the key players in the market, and what are their competitive strengths?
- What are the key growth drivers & challenges associated with the market, and how would they impact the market through the forecast period?
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