Report Description
A recent market
intelligence report that is published by Data Insights Partner on the global plant
extracts market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international market. The research also
emphasizes on the impact of restraints, drivers, and macro indicators on the
regional and global plant extracts market over the short as well as long period
of time. A detailed presentation of forecast, trends, and dollar values of the
global market is offered. In accordance with the report, the market is
projected to expand at a CAGR of 14.8% over the period of forecast.
Market Insight, Drivers,
Restraints & Opportunity of the Market:
Plant extracts
have multiple daily life uses ranging from medicines, applications in food,
flavoured beverages and supplements. They have extensive uses in the healthcare
sector, especially in herbal medicines. Plants are available in nature aplenty,
so they are an available source of many useful by products such as timber,
medicines, resin, fruits, flowers, herbs etc. Plant extracts might be a liquid
or powdered form of any part of the plant such as flower, fruit, root which is
collected for a beneficial purpose.
People nowadays
have focused more on natural plant based extracts for consumption, be it
topically or in meals. Plant extracts can be directly sourced and they are much
cheaper to do so, than the same chemicals being synthetically produced in
laboratories. In many cases, smaller firms depend on plant extract distillation
to get their ingredient needs met. The benefits of organic farming have further
boosted the demand of plant extracts added in foods, energy drinks and
nutrition supplements. In the pharmaceutical sector, research has proven that
most plant species contain enough medicinal ingredients which can be sources
and used by companies. Developing such drugs is safe, as plant extracts have
little to no side effects on the human body. Thus, the cost of developing new
drugs synthetically is cut off, which saves a lot of cost for small firms.
Given the
numerous benefits, however, it’s not that plant extracts come without hazards
of their own. Being completely natural extracts, plant extracts can have a
really unstable shelf life as they can go bad and ferment rapidly if not
preserved properly, and this totally negates the good effects they have.
Microbial infection can also pose a threat to mixing plant extracts in
ingredients. These are a few restraints which are faced by the plant extracts
industry worldwide.
Arjuna Natural
Extracts Ltd, an Indian company, uses liquid chromatography paired with a mass
spectrum detector for dynamic separation of molecules while processing plant
extracts. Then the output is ionized through mass spectrometer, as the
combination allows for isomer detection. Kancare, a Chinese company,
collaborates with leading universities to devise new techniques and carry out
research in well developed laboratories. They make production with high
technologies, providing bioactive ingredients with customer needs. In
conclusion, this industry has amazing growth potential as people are
consistently becoming more aware of the benefits of natural plant extracts, and
it seems that it will be this way in the next few years to come.
Segment Covered:
This market
intelligence report on the global plant extracts market segments based on type,
application, source and country/regions.
In terms of type, the global plant extracts market is segregated into
§ Phytomedicines and herbal extracts
§ Essential oils
§ Flavours and fragrances
By application, the global plant extracts market is also classified into,
§ Dietary supplements and pharmaceuticals
§ Food and beverages
§ Cosmetics
§ Others
By source, the global plant extracts market is also classified into,
§ Leaves
§ Seeds
§ Flowers, fruits
§ Rhizomes
§ Bulbs
§ Stems and barks
By country/region, the global plant extracts market has
been divided into
§ North America (the U.S., Canada),
§ Latin America (Brazil, Mexico, Argentina and other
countries),
§ Europe (Germany, France, the U.K., Spain, Italy, Russia,
and other countries),
§ Asia Pacific (India, Japan, China, Australia and New
Zealand and other countries),
§ Middle East and Africa (GCC, South Africa, Israel and
Other countries).
Profiling of Market Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as
§ Givaudan
§ Kangcare Industry Co. Ltd
§ Arjuna Natural Extracts
§ Sensient Technologies
§ Tokiwa Phytochemical Co. Ltd
§ Native Extracts Pty. Ltd
§ PT. Indesso Aroma
§ Synthite IndustriesPvt Ltd
§ Symrise AG
§ Dohler
Other players
have been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as plant extracts market related investment &
spending and developments by major players of the market are tracked in this
global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that,
Growth Matrix analysis is also provided in the report so as to share insight of
the investment areas that new or existing market players can take into
consideration. Various analytical tools such as DRO analysis, Porter's five
forces analysis has been used in this report to present a clear picture of the
market. The study focuses on the present market trends and provides market
forecast from the year 2020-2028. Emerging trends that would shape the market
demand in the years to come have been highlighted in this report. A competitive
analysis in each of the geographical segments gives an insight into market
share of the global players.
Salient Features:
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This study
offers comprehensive yet detailed analysis of plant extracts market, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account
2019 as the base year
Ø
It explains
upcoming revenue opportunities across various market segments and attractive
matrix of investment proposition for the said market
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This market
intelligence report also offers pivotal insights about various market
opportunities, restraints, drivers, launch of new products, competitive market
strategies of leading market players, emerging market trends, and regional
outlook
Ø
Profiling of
key market players in the market of plant
extracts is done by taking into account various parameters such as
company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as Dohler, Synthite
Industries Pvt Ltd, Symrise AG, Sensient Technologies and many more.
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The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for plant extracts caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for the
market. The research also caters to the rising needs of
consulting and research firms, financial analysts, and new market entrants
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Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies has been taken into consideration before coming to
a conclusion.
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the plant extracts market
v
Identification
of key factors driving investment opportunities in the plant extracts market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to your
competitors’ business structure, strategy and prospects