The botanical extracts market would grow at a CAGR of 6.6% over the predicted time frame. The market is expected to increase in value from US$ 7.56 Bn in 2022 to US$ 12.6 Bn in 2030.
Key Takeaway
- The European botanical extracts market was valued at US$ 1.5 billion in 2021 and it is expected to grow at a CAGR of 8.5% during the projection timeframe.
- By application, the food and beverage segment held the largest market share in 2021, contributing for around 47% of total sales.
- By source, the spices segment was accounted largest market share 32% in 2021.
- The herbs source segment accounted 19% market share in 2021 while flowers segment garnered 23% market share.
The on botanical extracts Market, which provides a business strategy, research & development activities, concise outline of the market valuation, valuable insights pertaining to market share, size, supply chain analysis, competitive landscape and regional proliferation of this industry.
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Report Scope of the Botanical Extracts Market
Report Coverage | Details |
Market Size by 2030 | USD 12.6 Billion |
Growth Rate from 2022 to 2030 | CAGR of 6.6% |
Europe Market Share in 2021 | 43% |
Food and Beverage Segment Market Share in 2021 | 47% |
Base Year | 2021 |
Forecast Period | 2022 to 2030 |
Segments Covered | Source, Technology, Form, Product, Application, Geography |
A recent report provides crucial insights along with application based and forecast information in the Global Botanical extracts Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of this market. This study also provides a detailed overview of the opportunities along with the current trends observed in the Botanical extracts market.
A quantitative analysis of the industry is compiled for a period of 10 years in order to assist players to grow in the market. Insights on specific revenue figures generated are also given in the report, along with projected revenue at the end of the forecast period.
Companies and Manufacturers Covered
The study covers key players operating in the market along with prime schemes and strategies implemented by each player to hold high positions in the industry. Such a tough vendor landscape provides a competitive outlook of the industry, consequently existing as a key insight. These insights were thoroughly analysed and prime business strategies and products that offer high revenue generation capacities were identified. Key players of the global Botanical extracts market are included as given below:
Botanical extracts Market Key Players
- Blue Sky Botanics Ltd
- Dohler
- Frutarom Industries Ltd.
- Kalsec Inc.
- P.T. Haldin Pacific Semesta
- Prinova Group LLC.
- PT. INDESSO AROMA.
- Ransom Naturals Ltd
- Synergy Flavors Inc
- Synthite Industries Private Ltd.
Market Segments
By Source
- Spices
- Herbs
- Flowers
- Fruits
- Mangoes
- Pomegranate
- Grapes
- Others
- Leaves
- Roots
- Beetroot
- Others
- Others
By Technology
- CO2 Extraction
- Solvent Extraction
- Steam Distillation
- Enfleurage
- Others
By Form
- Powder
- Liquid
- Leaf Extracts
By Product
- Organic
- Conventional
By Application
- Food
- Bakery and Confectionery
- Sauces and Dressings
- Others
- Beverages
- Alcoholic Beverages
- Non-Alcoholic Beverages
- Carbonated Soft Drinks
- Ice Tea
- Flavored Dairy Products
- Sport Drinks
- Others (Functional Juices, Energy Drinks, among others)
- Pharmaceutical and Nutraceutical
- Cosmetics and Personal Care
- Hair Care Products
- Skin Care Products
- Oral Care Products
- Sun Care Products
- Decorative Cosmetic Products
- Body Care Products
- Perfumery Products
- Other Products
By Geography
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Malaysia
- Philippines
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa (MEA)
- GCC
- North Africa
- South Africa
- Rest of the Middle East & Africa
Report Objectives
- To define, describe, and forecast the global botanical extracts market based on product, and region
- To provide detailed information regarding the major factors influencing the growth of the market (drivers, opportunities, and industry-specific challenges)
- To strategically analyze micromarkets1 with respect to individual growth trends, future prospects, and contributions to the total market
- To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
- To forecast the size of market segments with respect to four main regions—North America, Europe, Asia Pacific and the Rest of the World (RoW)2
- To strategically profile key players and comprehensively analyze their product portfolios, market shares, and core competencies3
- To track and analyze competitive developments such as acquisitions, expansions, new product launches, and partnerships in the botanical extracts market
Table of Content
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Botanical Extracts Market
5.1. COVID-19 Landscape: Botanical Extracts Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Botanical Extracts Market, By Source
8.1. Botanical Extracts Market, by Source, 2022-2030
8.1.1. Spices
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Herbs
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Flowers
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Fruits
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Leaves
8.1.5.1. Market Revenue and Forecast (2017-2030)
8.1.6. Others
8.1.6.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Botanical Extracts Market, By Technology
9.1. Botanical Extracts Market, by Technology, 2022-2030
9.1.1. CO2 Extraction
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Solvent Extraction
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Steam Distillation
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Enfleurage
9.1.4.1. Market Revenue and Forecast (2017-2030)
9.1.5. Others
9.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Botanical Extracts Market, By Form
10.1. Botanical Extracts Market, by Form, 2022-2030
10.1.1. Powder
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Liquid
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Leaf Extracts
10.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Botanical Extracts Market, By Product
11.1. Botanical Extracts Market, by Product, 2022-2030
11.1.1. Organic
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Conventional
11.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Botanical Extracts Market, By Application
12.1. Botanical Extracts Market, by Application, 2022-2030
12.1.1. Food
12.1.1.1. Market Revenue and Forecast (2017-2030)
12.1.2. Beverages
12.1.2.1. Market Revenue and Forecast (2017-2030)
12.1.3. Pharmaceutical and Nutraceutical
12.1.3.1. Market Revenue and Forecast (2017-2030)
12.1.4. Cosmetics and Personal Care
12.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 13. Global Botanical Extracts Market, Regional Estimates and Trend Forecast
13.1. North America
13.1.1. Market Revenue and Forecast, by Source (2017-2030)
13.1.2. Market Revenue and Forecast, by Technology (2017-2030)
13.1.3. Market Revenue and Forecast, by Form (2017-2030)
13.1.4. Market Revenue and Forecast, by Product (2017-2030)
13.1.5. Market Revenue and Forecast, by Application (2017-2030)
13.1.6. U.S.
13.1.6.1. Market Revenue and Forecast, by Source (2017-2030)
13.1.6.2. Market Revenue and Forecast, by Technology (2017-2030)
13.1.6.3. Market Revenue and Forecast, by Form (2017-2030)
13.1.6.4. Market Revenue and Forecast, by Product (2017-2030)
13.1.7. Market Revenue and Forecast, by Application (2017-2030)
13.1.8. Rest of North America
13.1.8.1. Market Revenue and Forecast, by Source (2017-2030)
13.1.8.2. Market Revenue and Forecast, by Technology (2017-2030)
13.1.8.3. Market Revenue and Forecast, by Form (2017-2030)
13.1.8.4. Market Revenue and Forecast, by Product (2017-2030)
13.1.8.5. Market Revenue and Forecast, by Application (2017-2030)
13.2. Europe
13.2.1. Market Revenue and Forecast, by Source (2017-2030)
13.2.2. Market Revenue and Forecast, by Technology (2017-2030)
13.2.3. Market Revenue and Forecast, by Form (2017-2030)
13.2.4. Market Revenue and Forecast, by Product (2017-2030)
13.2.5. Market Revenue and Forecast, by Application (2017-2030)
13.2.6. UK
13.2.6.1. Market Revenue and Forecast, by Source (2017-2030)
13.2.6.2. Market Revenue and Forecast, by Technology (2017-2030)
13.2.6.3. Market Revenue and Forecast, by Form (2017-2030)
13.2.7. Market Revenue and Forecast, by Product (2017-2030)
13.2.8. Market Revenue and Forecast, by Application (2017-2030)
13.2.9. Germany
13.2.9.1. Market Revenue and Forecast, by Source (2017-2030)
13.2.9.2. Market Revenue and Forecast, by Technology (2017-2030)
13.2.9.3. Market Revenue and Forecast, by Form (2017-2030)
13.2.10. Market Revenue and Forecast, by Product (2017-2030)
13.2.11. Market Revenue and Forecast, by Application (2017-2030)
13.2.12. France
13.2.12.1. Market Revenue and Forecast, by Source (2017-2030)
13.2.12.2. Market Revenue and Forecast, by Technology (2017-2030)
13.2.12.3. Market Revenue and Forecast, by Form (2017-2030)
13.2.12.4. Market Revenue and Forecast, by Product (2017-2030)
13.2.13. Market Revenue and Forecast, by Application (2017-2030)
13.2.14. Rest of Europe
13.2.14.1. Market Revenue and Forecast, by Source (2017-2030)
13.2.14.2. Market Revenue and Forecast, by Technology (2017-2030)
13.2.14.3. Market Revenue and Forecast, by Form (2017-2030)
13.2.14.4. Market Revenue and Forecast, by Product (2017-2030)
13.2.15. Market Revenue and Forecast, by Application (2017-2030)
13.3. APAC
13.3.1. Market Revenue and Forecast, by Source (2017-2030)
13.3.2. Market Revenue and Forecast, by Technology (2017-2030)
13.3.3. Market Revenue and Forecast, by Form (2017-2030)
13.3.4. Market Revenue and Forecast, by Product (2017-2030)
13.3.5. Market Revenue and Forecast, by Application (2017-2030)
13.3.6. India
13.3.6.1. Market Revenue and Forecast, by Source (2017-2030)
13.3.6.2. Market Revenue and Forecast, by Technology (2017-2030)
13.3.6.3. Market Revenue and Forecast, by Form (2017-2030)
13.3.6.4. Market Revenue and Forecast, by Product (2017-2030)
13.3.7. Market Revenue and Forecast, by Application (2017-2030)
13.3.8. China
13.3.8.1. Market Revenue and Forecast, by Source (2017-2030)
13.3.8.2. Market Revenue and Forecast, by Technology (2017-2030)
13.3.8.3. Market Revenue and Forecast, by Form (2017-2030)
13.3.8.4. Market Revenue and Forecast, by Product (2017-2030)
13.3.9. Market Revenue and Forecast, by Application (2017-2030)
13.3.10. Japan
13.3.10.1. Market Revenue and Forecast, by Source (2017-2030)
13.3.10.2. Market Revenue and Forecast, by Technology (2017-2030)
13.3.10.3. Market Revenue and Forecast, by Form (2017-2030)
13.3.10.4. Market Revenue and Forecast, by Product (2017-2030)
13.3.10.5. Market Revenue and Forecast, by Application (2017-2030)
13.3.11. Rest of APAC
13.3.11.1. Market Revenue and Forecast, by Source (2017-2030)
13.3.11.2. Market Revenue and Forecast, by Technology (2017-2030)
13.3.11.3. Market Revenue and Forecast, by Form (2017-2030)
13.3.11.4. Market Revenue and Forecast, by Product (2017-2030)
13.3.11.5. Market Revenue and Forecast, by Application (2017-2030)
13.4. MEA
13.4.1. Market Revenue and Forecast, by Source (2017-2030)
13.4.2. Market Revenue and Forecast, by Technology (2017-2030)
13.4.3. Market Revenue and Forecast, by Form (2017-2030)
13.4.4. Market Revenue and Forecast, by Product (2017-2030)
13.4.5. Market Revenue and Forecast, by Application (2017-2030)
13.4.6. GCC
13.4.6.1. Market Revenue and Forecast, by Source (2017-2030)
13.4.6.2. Market Revenue and Forecast, by Technology (2017-2030)
13.4.6.3. Market Revenue and Forecast, by Form (2017-2030)
13.4.6.4. Market Revenue and Forecast, by Product (2017-2030)
13.4.7. Market Revenue and Forecast, by Application (2017-2030)
13.4.8. North Africa
13.4.8.1. Market Revenue and Forecast, by Source (2017-2030)
13.4.8.2. Market Revenue and Forecast, by Technology (2017-2030)
13.4.8.3. Market Revenue and Forecast, by Form (2017-2030)
13.4.8.4. Market Revenue and Forecast, by Product (2017-2030)
13.4.9. Market Revenue and Forecast, by Application (2017-2030)
13.4.10. South Africa
13.4.10.1. Market Revenue and Forecast, by Source (2017-2030)
13.4.10.2. Market Revenue and Forecast, by Technology (2017-2030)
13.4.10.3. Market Revenue and Forecast, by Form (2017-2030)
13.4.10.4. Market Revenue and Forecast, by Product (2017-2030)
13.4.10.5. Market Revenue and Forecast, by Application (2017-2030)
13.4.11. Rest of MEA
13.4.11.1. Market Revenue and Forecast, by Source (2017-2030)
13.4.11.2. Market Revenue and Forecast, by Technology (2017-2030)
13.4.11.3. Market Revenue and Forecast, by Form (2017-2030)
13.4.11.4. Market Revenue and Forecast, by Product (2017-2030)
13.4.11.5. Market Revenue and Forecast, by Application (2017-2030)
13.5. Latin America
13.5.1. Market Revenue and Forecast, by Source (2017-2030)
13.5.2. Market Revenue and Forecast, by Technology (2017-2030)
13.5.3. Market Revenue and Forecast, by Form (2017-2030)
13.5.4. Market Revenue and Forecast, by Product (2017-2030)
13.5.5. Market Revenue and Forecast, by Application (2017-2030)
13.5.6. Brazil
13.5.6.1. Market Revenue and Forecast, by Source (2017-2030)
13.5.6.2. Market Revenue and Forecast, by Technology (2017-2030)
13.5.6.3. Market Revenue and Forecast, by Form (2017-2030)
13.5.6.4. Market Revenue and Forecast, by Product (2017-2030)
13.5.7. Market Revenue and Forecast, by Application (2017-2030)
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Forecast, by Source (2017-2030)
13.5.8.2. Market Revenue and Forecast, by Technology (2017-2030)
13.5.8.3. Market Revenue and Forecast, by Form (2017-2030)
13.5.8.4. Market Revenue and Forecast, by Product (2017-2030)
13.5.8.5. Market Revenue and Forecast, by Application (2017-2030)
Chapter 14. Company Profiles
14.1. Blue Sky Botanics Ltd
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. Dohler
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. Frutarom Industries Ltd.
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. Kalsec Inc.
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. P.T. Haldin Pacific Semesta
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. Prinova Group LLC.
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
14.7. PT. INDESSO AROMA.
14.7.1. Company Overview
14.7.2. Product Offerings
14.7.3. Financial Performance
14.7.4. Recent Initiatives
14.8. Ransom Naturals Ltd
14.8.1. Company Overview
14.8.2. Product Offerings
14.8.3. Financial Performance
14.8.4. Recent Initiatives
14.9. Synergy Flavors Inc
14.9.1. Company Overview
14.9.2. Product Offerings
14.9.3. Financial Performance
14.9.4. Recent Initiatives
14.10. Synthite Industries Private Ltd.
14.10.1. Company Overview
14.10.2. Product Offerings
14.10.3. Financial Performance
14.10.4. Recent Initiatives
Chapter 15. Research Methodology
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
Chapter 16. Appendix
16.1. About Us
16.2. Glossary of Terms
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