Dublin, June 17, 2024 (GLOBE NEWSWIRE) -- The "Plant Extracts - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Plant Extracts is estimated at US$36.8 Billion in 2023 and is projected to reach US$56.2 Billion by 2030, growing at a CAGR of 6.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The report includes comprehensive market data with independent analysis of annual sales and market forecasts in US$ million from 2023 to 2030. It provides in-depth regional analysis of key markets such as the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Company profiles of major players like Arjuna Natural Extracts Ltd., Dohler, Givaudan, and others are featured. Additionally, the report offers complimentary updates for one year to keep stakeholders informed of the latest market developments.
The Phytomedicines & Herbal Extracts segment is on a significant growth trajectory, expected to reach US$27.7 billion by 2030 with a compound annual growth rate (CAGR) of 7.3%. The Spices segment is also set to grow at a 6.2% CAGR over the next seven years.
The U.S. market for plant extracts is estimated at $9.6 billion in 2023. China is forecasted to grow at an impressive 10.1% CAGR, reaching $14 billion by 2030. Other key regions, including Japan, Canada, Germany, and the Asia-Pacific, are also experiencing significant growth trends.
This report offers a detailed market analysis of the Global Plant Extracts Market, covering all major geographic regions and market segments. It provides competitive insights into the market presence of major players across different geographies and highlights key trends and drivers shaping the market's future. The actionable insights provided can help identify new revenue opportunities and inform strategic business decisions.
Report Features:
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 92 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $36.8 Billion |
| Forecasted Market Value (USD) by 2030 | $56.2 Billion |
| Compound Annual Growth Rate | 6.2% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Plant Extracts - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
FOCUS ON SELECT PLAYERS (Total 36 Featured)
- Arjuna Natural Extracts Ltd.
- Dohler
- Givaudan
- International Flavors & Fragrances, Inc.
- Kangcare Bioindustry Co., Ltd.
- Martin Bauer GmbH & Co. KG
- Native Extracts Pty. Ltd.
- PT. Haldin Pacific Semesta
- PT. Indesso Aroma
- Sensient Technologies
- Shaanxi Jiahe Phytochem Co., Ltd.
- Symrise AG
- Synthite Industries Private Ltd.
- Tokiwa Phytochemical Co. Ltd.
- Vidya Herbs Private Limited
For more information about this report visit https://www.researchandmarkets.com/r/5wipnx
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