Global Botanical Ingredients for Neutraceutical Market, By Form (Liquid, Powder), Source (Herbs, Leaves, Spices, Flowers, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Botanical Ingredients for Neutraceutical Market
The botanical ingredients for neutraceutical market is estimated to reach a value of USD 15.74 billion by 2028 and is expected to grow at a compound annual growth rate of 9.90% for the forecast period of 2021 to 2028. The various medical benefits of botanical ingredients is the factor responsible for the growth of the botanical ingredients for neutraceutical market in the forecast period of 2021 to 2028.
Botanical ingredients are the type ingredients that are directly derived from plants sources such as herbs, roots, flowers, fruits, leaves or seeds. These products are available in powder and liquid state as these products are taken out by the process of solvent extraction of these raw materials.
The rise in trend for clean label trends in the pharmaceutical and food and beverage industry is amongst the major factor expected to fuel the growth of the market. Also the various mandates on food fortification by government organizations, increase in the number of health conscious consumers, rapid surge in working women population who are more devote towards cosmetics mainly botanical extract-based are also projected to drive the demand for botanical ingredients for neutraceutical market in the forecast period of 2021 to 2028. Furthermore, the rise in awareness in the consumption of dietary products and rising usage of products with reduced calorie levels and high nutritional content are also likely to fuel the botanical ingredients for neutraceutical market growth.
Moreover, the high growth in the demand for fortified food owing to the increasing health consciousness amongst consumers along with the rise in the consumer awareness towards health and safety are anticipated to generate various new opportunities for the botanical ingredients for neutraceutical market in the forecast period of 2021 to 2028.
However, the high costs of fortified products deterring large-scale usage and adoption and the presence of alternative products in the form of synthetic flavors are expected to obstruct the botanical ingredients for neutraceutical market growth rate, whereas the consumer uncertainty related with nutraceutical products can pose as a market challenge for botanical ingredients for neutraceutical in the above mentioned forecast period.
This botanical ingredients for neutraceutical market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the botanical ingredients for neutraceutical market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Botanical Ingredients for Neutraceutical Market Scope and Market Size
The botanical ingredients for neutraceutical market are segmented on the basis of form and source. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of form, the botanical ingredients for neutraceutical market have been segmented into liquid and powder.
- The source segment of the botanical ingredients for neutraceutical market has been segmented into herbs, leaves, spices, flowers and others.
Botanical Ingredients for Neutraceutical Market Country Level Analysis
The botanical ingredients for neutraceutical market is analyses and market size, volume information is provided by country, form and source as referenced above.
The countries covered in the botanical ingredients for neutraceutical market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific(APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America leads the botanical ingredients for neutraceutical owing to the rise in use of products with reduced calorie levels and high nutritional content as well as growing awareness in the consumption of dietary products. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the various favorable government policies in the agricultural trade.
The country section of the botanical ingredients for neutraceutical market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Botanical Ingredients for Neutraceutical Market Share Analysis
The botanical ingredients for neutraceutical market competitive landscape provide details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to botanical ingredients for neutraceutical market.
The major players covered in the botanical ingredients for neutraceutical report are New Directions Aromatics Inc., PT. INDESSO AROMA, Lipoid Kosmetik AG, The Herbarie at Stoney Hill Farm, Inc., Rutland Biodynamics Ltd, Ambe Phytoextracts Pvt Ltd, The Green Labs LLC, BERJÉ INC., Bell Flavors & Fragrances, Prakruti Products, Umalaxmi Organics Pvt. Ltd, Saba Botanical of USA, DSM, ADM, Kerry, GLANBIA plc, A&B Ingredients, Carolina Ingredients, HP Ingredients, and Prinova Group LLC among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
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