Market Research Report

Global Plant Extract Market Report By Types (Herbal Extracts, Phytochemicals, Spices, Essential Oils And Natural Extracts, Flavors And Fragrances, Others), Forms (Powder, Liquid, Others), End-Uses (Pharmaceuticals, Cosmetics, Functional Food And Beverages) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2021-2028

ID:VMR11210035
March 2022
Report Formats: Electronic (PDF), MS EXCEL

Growing demand for plant extracts from end-use industries such as food & beverages, cosmetics & pharmaceuticals to impart flavor, color and nutrition is driving the plant extract market. A shift in consumer preference towards intake of herbal medicines is again fueling the plant extract market. Side-effects associated with the synthetically prepared drugs leading to various disorders have drastically changed the consumer preference towards the safe & herbal alternative. This, in turn, has driven the market growth. Also, rising demand for extracted or herbal supplements is impacting the market growth positively.

The Global Plant Extract Market was valued USD 45,367.2 MN in 2017 and expected to reach at USD 92,520.2 MN by 2024 with CAGR of 10.5%.
 
HERBAL EXTRACT LEAD THE PLANT EXTRACT TYPE
Herbal extract has shown dominance over the segment and is presumed to continue & reach up to USD XX.X MN by end of 2024. Herbal extract is leading the segment owing to rising health consciousness among people along with the inclination of the population towards consumption of natural & organic products.
 
POWDER FORM TO GAIN MAXIMUM SHARE BY END OF 2024
Powder has dominated the plant extract market and is expected to reach up to USD XX.X MN by 2024. Highly water-soluble compound along with better shelf life are the factors widening the application of the product in cosmetics, research, and other industries.
 
FOOD & BEVERAGE LED THE END-USE SEGMENT
Food & beverage is dominating the end-use segment & is expected to reach at USD XX.X MN by the end of 2024. Plant extracts are widely used in the food & beverage industry as anti-oxidant, color & flavor enhancer, and immunity booster thereby, fueling the market growth.
 
NORTH AMERICA DOMINATED THE REGIONAL SEGMENT
North America has shown dominance over the regional segment and is presumed to continue & reach up to USD XX.X MN by end of the year 2024. Rising demand for herbal dietary supplement & increasing health awareness among the population are the key drivers of the plant extract market in the region.
 
MAJOR PLAYERS OF THE MARKET
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. are the key players of the plant extract market.

As per this study the global plant extract market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2028 with a CAGR of XX%.
 
Plant extraction is referred to as a natural product obtained from tissues of a plant with the desirable properties. More specifically, a wide range of extracts is derived by this process such as phytochemicals, essential oils & natural extracts, herbal extracts, and many more. Plant extracts are gaining much importance due to their special potentials as a large source of therapeutic phytochemicals, essential oils, herbal extracts that lead to the development of novel drugs, cosmetic products, and food additive. 
 
A normal extraction process comprises several procedures including collection and authentication of plant material & drying, size reduction, extraction, filtration, concentration and drying & reconstitution. However, extraction quality depends on various factors such as plant parts used as an initial material, the solvent used for extraction, extraction method, and plant material: solvent ratio etc. With the advancement of science and technology, remarkable progress has been made in the field of plant extraction with the discoveries of much high quality of herbal products. As a result, modern methods of plant extraction are more effective over conventional methods.
 
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.
 
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 Extracts
  • Phytochemicals
  • Spices
  • Essential Oils And Natural Extracts
  • Flavors And Fragrances
  • Others
 
By Form
  • Powder
  • Liquid
  • Others
 
By End-Use
  • Pharmaceuticals
  • Cosmetics
  • Functional 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.
 
Global Plant Extract Market Share by Region (Representative Graph)
 
Global Plant Extract Market Share
 
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.
 
METHODOLOGY:
 
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand. 

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . PLANT EXTRACT – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 Market Attractiveness Analysis By Type
           3.7.2 Market Attractiveness Analysis By Form
           3.7.3 Market Attractiveness Analysis By End-Use
           3.7.4 Market Attractiveness Analysis By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic 
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL PLANT EXTRACT MARKET ANALYSIS BY TYPE
       6.1 Overview by Type
       6.2 Historical and Forecast Data
       6.3 Analysis by Type
       6.4 Herbal Extracts Historic and Forecast Sales by Regions
       6.5 Phytochemicals Historic and Forecast Sales by Regions
       6.6 Spices Historic and Forecast Sales by Regions
       6.7 Essential Oils And Natural Extracts Historic and Forecast Sales by Regions
       6.8 Flavors And Fragrances Historic and Forecast Sales by Regions
       6.9 Others Historic and Forecast Sales by Regions
 
7 . GLOBAL PLANT EXTRACT MARKET ANALYSIS BY FORM
       7.1 Overview by Form
       7.2 Historical and Forecast Data
       7.3 Analysis by Form
       7.4 Powder Historic and Forecast Sales by Regions
       7.5 Liquid Historic and Forecast Sales by Regions
       7.6 Others Historic and Forecast Sales by Regions
 
8 . GLOBAL PLANT EXTRACT MARKET SALES ANALYSIS BY END-USE
       8.1 Overview by End-Use
       8.2 Historical and Forecast Data
       8.3 Analysis by End-Use
       8.4 Pharmaceuticals Historic and Forecast Sales by Regions
       8.5 Cosmetics Historic and Forecast Sales by Regions
       8.6 Functional Food And Beverages Historic and Forecast Sales by Regions
 
9 . GLOBAL PLANT EXTRACT MARKET SALES ANALYSIS BY GEOGRAPHY
       9.1. Regional Outlook Sales Analysis
       9.2. Introduction Sales Analysis
       9.3. North America Sales Analysis
           9.3.1. Overview, Historic and Forecast Sales Analysis
           9.3.2. North America By Segment Sales Analysis
           9.3.3. North America By Country Sales Analysis
           9.3.4. United State Sales Analysis
           9.3.5. Canada Sales Analysis
           9.3.6. Mexico Sales Analysis
       9.4. Europe Sales Analysis
           9.4.1. Overview, Historic and Forecast Sales Analysis
           9.4.2. Europe by Segment Sales Analysis
           9.4.3. Europe by Country Sales Analysis
           9.4.4. United Kingdom Sales Analysis
           9.4.5. France Sales Analysis
           9.4.6. Germany Sales Analysis
           9.4.7. Italy Sales Analysis
           9.4.8. Russia Sales Analysis
           9.4.9. Rest Of Europe Sales Analysis
       9.5. Asia Pacific Sales Analysis
           9.5.1. Overview, Historic and Forecast Sales Analysis
           9.5.2. Asia Pacific by Segment Sales Analysis
           9.5.3. Asia Pacific by Country Sales Analysis
           9.5.4. China Sales Analysis
           9.5.5. India Sales Analysis
           9.5.6. Japan Sales Analysis
           9.5.7. South Korea Sales Analysis
           9.5.8. Australia Sales Analysis
           9.5.9. Rest Of Asia Pacific Sales Analysis
       9.6. Latin America Sales Analysis
           9.6.1. Overview, Historic and Forecast Sales Analysis
           9.6.2. Latin America by Segment Sales Analysis
           9.6.3. Latin America by Country Sales Analysis
           9.6.4. Brazil Sales Analysis
           9.6.5. Argentina Sales Analysis
           9.6.6. Peru Sales Analysis
           9.6.7. Chile Sales Analysis
           9.6.8. Rest of Latin America Sales Analysis
       9.7. Middle East & Africa Sales Analysis
           9.7.1. Overview, Historic and Forecast Sales Analysis
           9.7.2. Middle East & Africa by Segment Sales Analysis
           9.7.3. Middle East & Africa by Country Sales Analysis
           9.7.4. Saudi Arabia Sales Analysis
           9.7.5. UAE Sales Analysis
           9.7.6. Israel Sales Analysis
           9.7.7. South Africa Sales Analysis
           9.7.8. Rest Of Middle East And Africa Sales Analysis
 
10 . COMPETITIVE LANDSCAPE OF THE PLANT EXTRACT COMPANIES
       10.1. Plant Extract Market Competition
       10.2. Partnership/Collaboration/Agreement
       10.3. Merger And Acquisitions
       10.4. New Product Launch
       10.5. Other Developments
 
11 . COMPANY PROFILES OF PLANT EXTRACT INDUSTRY
       11.1. Top 10  Company Share Analysis
       11.2. Market Concentration Rate
       11.3. Alkaloids Corp.
           11.3.1. Company Overview
           11.3.2. Company Revenue
           11.3.3. Products
           11.3.4. Recent Developments
       11.4. Berrypharma AG
           11.4.1. Company Overview
           11.4.2. Company Revenue
           11.4.3. Products
           11.4.4. Recent Developments
       11.5. Indena
           11.5.1. Company Overview
           11.5.2. Company Revenue
           11.5.3. Products
           11.5.4. Recent Developments
       11.6. Ingredia Nutritional
           11.6.1. Company Overview
           11.6.2. Company Revenue
           11.6.3. Products
           11.6.4. Recent Developments
       11.7. Organic Herb Inc.
           11.7.1. Company Overview
           11.7.2. Company Revenue
           11.7.3. Products
           11.7.4. Recent Developments
       11.8. Plant Extracts International Inc.
           11.8.1. Company Overview
           11.8.2. Company Revenue
           11.8.3. Products
           11.8.4. Recent Developments
       11.9. Phytovation Ltd.
           11.9.1. Company Overview
           11.9.2. Company Revenue
           11.9.3. Products
           11.9.4. Recent Developments
       11.10. Prinova Group
           11.10.1. Company Overview
           11.10.2. Company Revenue
           11.10.3. Products
           11.10.4. Recent Developments
       11.11. Naturex
           11.11.1. Company Overview
           11.11.2. Company Revenue
           11.11.3. Products
           11.11.4. Recent Developments
       11.12. Sigma-Aldrich Co. LLC
           11.12.1. Company Overview
           11.12.2. Company Revenue
           11.12.3. Products
           11.12.4. Recent Developments
       11.13. QUALIPHAR
           11.13.1. Company Overview
           11.13.2. Company Revenue
           11.13.3. Products
           11.13.4. Recent Developments
       11.14. Kuber Impex Ltd.
           11.14.1. Company Overview
           11.14.2. Company Revenue
           11.14.3. Products
           11.14.4. Recent Developments
       11.15. Kangcare Bioindustry Co. Ltd.
           11.15.1. Company Overview
           11.15.2. Company Revenue
           11.15.3. Products
           11.15.4. Recent Developments
       11.16. Nantong Sihai Plant Extracts Co. Ltd.
           11.16.1. Company Overview
           11.16.2. Company Revenue
           11.16.3. Products
           11.16.4. Recent Developments
       11.17. Lehmann & Voss & Co. Kg
           11.17.1. Company Overview
           11.17.2. Company Revenue
           11.17.3. Products
           11.17.4. Recent Developments
       11.18. Linnea S.A.
           11.18.1. Company Overview
           11.18.2. Company Revenue
           11.18.3. Products
           11.18.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
LIST OF TABLES

 

  •  Market Snapshot
  •  Drivers : Impact Analysis
  •  Restraints : Impact Analysis
  •  List of Raw Material
  •  List of Raw Material Manufactures
  •  List of Potential Buyers
  •  COVID-19 Impact Analysis by Production, Import, Export and Demand
  •  Pre V/S Post COVID-19
  •  Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  •  COVID-19: Micro and Macro Factor Analysis
  •  Analysis by Type (USD MN)
  •  Herbal Extracts Market Sales by Geography (USD MN)
  •  Phytochemicals Market Sales by Geography (USD MN)
  •  Spices Market Sales by Geography (USD MN)
  •  Essential Oils And Natural Extracts Market Sales by Geography (USD MN)
  •  Flavors And Fragrances Market Sales by Geography (USD MN)
  •  Others Market Sales by Geography (USD MN)
  •  Analysis Market by Form (USD MN)
  •  Powder Market Sales by Geography (USD MN)
  •  Liquid Market Sales by Geography (USD MN)
  •  Others Market Sales by Geography (USD MN)
  •  Analysis by End-Use (USD MN)
  •  Pharmaceuticals Market Sales by Geography (USD MN)
  •  Cosmetics Market Sales by Geography (USD MN)
  •  Functional Food And Beverages Market Sales by Geography (USD MN)
  •  Global Plant Extract Market Sales by Geography (USD MN)
  •  North America Market Analysis (USD MN)
  •  United State Market Analysis (USD MN)
  •  Canada Market Analysis (USD MN)
  •  Mexico Market Analysis (USD MN)
  •  Europe Market Analysis (USD MN)
  •  Europe Market Estimate by Country (USD MN)
  •  United Kingdom Market Analysis (USD MN)
  •  France Market Analysis (USD MN)
  •  Germany Market Analysis (USD MN)
  •  Italy Market Analysis (USD MN)
  •  Russia Market Analysis (USD MN)
  •  Spain Market Analysis (USD MN)
  •  Rest of Europe Market Analysis (USD MN)
  •  Asia Pacific Market Analysis (USD MN)
  •  China Market Analysis (USD MN)
  •  Japan Market Analysis (USD MN)
  •  India Market Analysis (USD MN)
  •  South Korea Market Analysis (USD MN)
  •  Australia Market Analysis (USD MN)
  •  Rest of Asia Pacific Market Analysis (USD MN)
  •  Latin America Market Analysis (USD MN)
  •  Brazil Market Analysis (USD MN)
  •  Argentina Market Analysis (USD MN)
  •  Peru Market Analysis (USD MN)
  •  Chile Market Analysis (USD MN)
  •  Rest of Latin America Market Analysis (USD MN)
  •  Middle East & Africa Market Analysis (USD MN)
  •  Saudi Arabia Market Analysis (USD MN)
  •  UAE Market Analysis (USD MN)
  •  Israel Market Analysis (USD MN)
  •  South Africa Market Analysis (USD MN)
  •  Rest of Middle East and Africa Market Analysis (USD MN)
  •  Partnership/Collaboration/Agreement
  •  Mergers And Acquisition
 
 LIST OF FIGURES
 
  •  Research Scope of Plant Extract Report
  •  Market Research Process
  •  Market Research Methodology
  •  Global Plant Extract Market Size, by Region (USD MN)
  •  Porters Five Forces Analysis
  •  Market Attractiveness Analysis by Type
  •  Market Attractiveness Analysis by Form
  •  Market Attractiveness Analysis by End-Use
  •  Market Attractiveness Analysis by Region
  •  Value Chain Analysis
  •  Global Market Analysis by Type (USD MN)
  •  Herbal Extracts Market Sales by Geography (USD MN)
  •  Phytochemicals Market Sales by Geography (USD MN)
  •  Spices Market Sales by Geography (USD MN)
  •  Essential Oils And Natural Extracts Market Sales by Geography (USD MN)
  •  Flavors And Fragrances Market Sales by Geography (USD MN)
  •  Others Market Sales by Geography (USD MN)
  •  Global Market Analysis by Form (USD MN)
  •  Powder Market Sales by Geography (USD MN)
  •  Liquid Market Sales by Geography (USD MN)
  •  Others Market Sales by Geography (USD MN)
  •  Global Market Analysis by End-Use (USD MN)
  •  Pharmaceuticals Market Sales by Geography (USD MN)
  •  Cosmetics Market Sales by Geography (USD MN)
  •  Functional Food And Beverages Market Sales by Geography (USD MN)
  •  Global Market by Revenue
  •  North America Market by Revenue
  •  Europe Market by Revenue
  •  Asia Pacific Market by Revenue
  •  Latin America Market by Revenue
  •  Middle East & Africa Market by Revenue
  •  Recent Development in Industry
  •  Top Company Share Analysis
 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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Objectives of Study

  • Define and measure the global market
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  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments

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