Botanical Extracts Market by Source (Spices, Herbs, Flowers, Leaves, Others), by Technology (CO2 Extraction, Solvent Extraction, Steam Distillation, Enfleurage, Others), by Application (Food & Beverages, Pharmaceutical, Nutraceutical, Cosmetics), by By Source (Spices, Herbs, Flowers, Leaves, Others), by Europe (Germany, U.K., Russia, France, Italy, Rest of Europe), by Asia Pacific (China, India, Australia, Japan, Rest of Asia Pacific), by South America (Brazil, Argentina, Rest of South America), by Middle East and Africa (South Africa, U.A.E., Rest of M.E.A.) Forecast 2024-2032
The Botanical Extracts Market size was valued at USD 4.65 USD Billion in 2023 and is projected to reach USD 8.63 USD Billion by 2032, exhibiting a CAGR of 9.23 % during the forecast period.
Botanical extract is complex,multi component mixture obtain using solvent to dissolve component of herbal and other botanical mass. Botanical extract is the dry ,liquid and semi solid form .Botanical extract are not same as expressed juice pure chemical isolated from an herb of synthetically modified plant constituent . Botanical extracts are created soaking the botanical in a liquid that’s able to retrieve certain chemicals or beneficial parts of the plant to be used in a product. Botanical extracts such as green tea extract, rosehip oil, grape seed extract, and ginseng are perfect examples known for their anti-agening properties and help overcome free radical ,promote cell generation, and improve the skin overall texture ,appearances and firmness. Plant extracts are commonly referred to as plant botanicals and are the secondary plant metabolites synthesized by the plant for protective purposes. It is used as a significant part in medicine and also as alternative medicine both in Ayurveda and homeopathy. It is one of the oldest and most widespread therapies worldwide for promoting overall wellness. There are a wide variety of types of botanical extracts. Essential oils are probably the most well known type is hydrosis ,Alcohol Tinctures,CO2 extract ,Glycerites ,and powered Extract. |
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This comprehensive analysis of the botanical extracts market unveils:
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 9.23% from 2018-2032 |
Segmentation |
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Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 9.23% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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