Plant Extracts Market Forecasts to 2028 – Global Analysis By Form (Dry/Powder and Liquid), Product Type (Non-Standardized Extracts and Standardized Extracts), Method, Source, Type, Application and By Geography
According to Stratistics MRC, the Global Plant Extracts Market is accounted for $29.06 billion in 2020 and is expected to reach $53.78 billion by 2028 growing at a CAGR of 8.0% during the forecast period. Adverse side-effects of synthetic flavours, increasing health and wellness trend and growing vegan population are driving the market growth. However, stringent regulations and international quality standards are hampering the growth of the market.
Plant extracts is a substance that is extracted from plant and herbs. It has medicinal properties and is also a source of active compounds such as alkaloids, steroids, tannins, glycosides, volatile oils, phenols, and flavonoids. These active compounds are found in various part of the plants such as leaves, flowers, bark, seeds, fruits, and roots. Plant extracts are used in various industries such as food and beverage, cosmetic, pharmaceutical and others.
Based on the type, the phytomedicines & herbal extracts segment is going to have lucrative growth during the forecast period due to the increasing preference for herbal medicines. The excessive use of synthetic antibiotics has resulted in microorganisms developing resistance to them. Continuous intake of synthetic drugs has several side effects, such as hallucinations, racing heartbeat, and hypertension. These ill-effects of synthetic drugs can be overcome with the consumption of its counterpart, phytomedicines.
By geography, Asia Pacific is going to have high growth during the forecast period due to the development of new plant-based pharmaceuticals and the rise in the beverage industry, where consumer preferences continue to shift away from carbonated soft drinks toward alternative beverages with natural flavor loadings.
Plant Extracts Market in USA
Some of the key players profiled in the Plant Extracts Market include Alkaloids Corp., BerryPharma AG, FT Technologies, Herbal Extract Company, Indena, Ingredia Nutritional, Kangcare Bioindustry Co. Ltd., Kuber Impex Ltd., Lehmann & Voss & Co. KG, Nantong Sihai Plant Extracts Co., Ltd., Naturex, Network Nutrition, Nutri-Pea Ltd., Organic Herb Inc. and Phytovation Ltd.
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Report Coverage |
Details |
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Published Year: |
2021 |
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Estimated Market Size in 2020: |
USD 29.06billion |
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Estimated Period: |
2020 |
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Compound Annual Growth Rate (CAGR) from 2020 to 2028: |
8.0% |
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Predicted 2028 Value: |
USD 53.78billion |
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Forecast Years: |
2021-2028 |
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Tables, Graphs& Figures |
390 |
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Chapters Covered: |
Form, Product Type, Method, Source, Type, Application and Region |
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Core Drivers and Opportunities: |
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Restraining Factors & Market Threats: |
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Forms Covered:
• Dry/Powder
• Liquid
Product Types Covered:
• Non-Standardized Extracts
• Standardized Extracts
Methods Covered:
• Decoction
• Digestion
• Infusion
• Maceration
• Microwave Assisted Extraction
• Percolation
• Phytonics Process
• Soxhlet
• Supercritical Fluid Extraction
• Ultrasound-Assisted Extraction (UAE)
Sources Covered:
• Barks & Stems
• Fruits, Flowers and Bulbs
• Leaves
• Rhizomes & Roots
• Seeds, Pods & Berries
Types Covered:
• Phytochemicals
• Spices
• Essential Oils & Natural Extracts
• Flavors & Fragrances
• Phytomedicines and Herbal Extracts
• Spices
Applications Covered:
• Animal Nutrition
• Chemicals
• Cosmetics
• Dietary Supplements
• Functional Food & Beverages
• Personal Care
• Pharmaceutical
• Toiletries
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Plant Extracts Market is majorly driven by adverse side-effects of synthetic flavours, increasing health and wellness trend and growing vegan population.
The phytomedicines & herbal extracts segment is growing at a highest CAGR owing to increasing preference for herbal medicines. The excessive use of synthetic antibiotics has resulted in microorganisms developing resistance to them.
Asia Pacific dominated with a significant market share due to the factors such as development of new plant-based pharmaceuticals and the rise in the beverage industry, where consumer preferences continue to shift away from carbonated soft drinks toward alternative beverages with natural flavor loadings.
North America market is growing at a highest CAGR owing to due to the consumption of healthy foods by a majority of its population. It is projected to grow well in terms of plant extract production.
Key players in Plant Extracts Market include Alkaloids Corp., BerryPharma AG, FT Technologies, Herbal Extract Company, Indena, Ingredia Nutritional, Kangcare Bioindustry Co. Ltd., Kuber Impex Ltd., Lehmann & Voss & Co. KG, Nantong Sihai Plant Extracts Co., Ltd., Naturex, Network Nutrition, Nutri-Pea Ltd., Organic Herb Inc. and Phytovation Ltd.
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Plant Extracts Market, By Form
5.1 Introduction
5.2 Dry/Powder
5.3 Liquid
6 Global Plant Extracts Market, By Product Type
6.1 Introduction
6.2 Non-Standardized Extracts
6.3 Standardized Extracts
7 Global Plant Extracts Market, By Method
7.1 Introduction
7.2 Decoction
7.3 Digestion
7.4 Infusion
7.5 Maceration
7.6 Microwave Assisted Extraction
7.7 Percolation
7.8 Phytonics Process
7.9 Soxhlet
7.10 Supercritical Fluid Extraction
7.11 Ultrasound-Assisted Extraction (UAE)
8 Global Plant Extracts Market, By Source
8.1 Introduction
8.2 Barks & Stems
8.3 Fruits, Flowers and Bulbs
8.4 Leaves
8.5 Rhizomes & Roots
8.6 Seeds, Pods & Berries
9 Global Plant Extracts Market, By Type
9.1 Introduction
9.2 Phytochemicals
9.2.1 Polyphenols/Phenolic Compounds
9.2.1.1 Flovonoids
9.2.1.2 Lignans
9.2.1.3 Curcuminoids
9.2.1.4 Hydrobenzoic Acids
9.2.2 Carotenoid
9.2.2.1 Lutein
9.2.2.2 Lycopene
9.2.2.3 Beta-Carotene
9.2.3 Indol-3-Carbinol
9.2.4 Organosulfides
9.2.5 Protein Inhibitors
9.2.6 Terpenes (Isoprenoids)
9.2.7 Thiols
9.2.7.1 Glucosinolates
9.2.7.2 Indoles
9.3 Spices
9.3.1 Coriander
9.3.2 Fennel
9.3.3 Pepper
9.4 Essential Oils & Natural Extracts
9.4.1 Citrus Oil
9.4.2 Eucalyptus Oil
9.4.3 Lavender Oil
9.4.4 Mint Oil
9.5 Flavors & Fragrances
9.5.1 Baronia
9.5.2 Chamomile
9.5.3 Clary Sage
9.5.4 Lemon Balm
9.6 Phytomedicines and Herbal Extracts
9.6.1 Chamomile
9.6.2 Echinacea
9.6.3 Ginseng
9.7 Spices
9.7.1 Coriander
9.7.2 Fennel
9.7.3 Pepper
10 Global Plant Extracts Market, By Application
10.1 Introduction
10.2 Animal Nutrition
10.3 Chemicals
10.4 Cosmetics
10.5 Dietary Supplements
10.6 Functional Food & Beverages
10.7 Personal Care
10.8 Pharmaceutical
10.9 Toiletries
11 Global Plant Extracts Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Alkaloids Corp.
13.2 BerryPharma AG
13.3 FT Technologies
13.4 Herbal Extract Company
13.5 Indena
13.6 Ingredia Nutritional
13.7 Kangcare Bioindustry Co. Ltd.
13.8 Kuber Impex Ltd.
13.9 Lehmann & Voss & Co. KG
13.10 Nantong Sihai Plant Extracts Co., Ltd.
13.11 Naturex
13.12 Network Nutrition
13.13 Nutri-Pea Ltd.
13.14 Organic Herb Inc.
13.15 Phytovation Ltd.
List of Tables
1 Global Plant Extracts Market Outlook, By Region (2019-2028) (US $MN)
2 Global Plant Extracts Market Outlook, By Form (2019-2028) (US $MN)
3 Global Plant Extracts Market Outlook, By Dry/Powder (2019-2028) (US $MN)
4 Global Plant Extracts Market Outlook, By Liquid (2019-2028) (US $MN)
5 Global Plant Extracts Market Outlook, By Product Type (2019-2028) (US $MN)
6 Global Plant Extracts Market Outlook, By Non-Standardized Extracts (2019-2028) (US $MN)
7 Global Plant Extracts Market Outlook, By Standardized Extracts (2019-2028) (US $MN)
8 Global Plant Extracts Market Outlook, By Method (2019-2028) (US $MN)
9 Global Plant Extracts Market Outlook, By Decoction (2019-2028) (US $MN)
10 Global Plant Extracts Market Outlook, By Digestion (2019-2028) (US $MN)
11 Global Plant Extracts Market Outlook, By Infusion (2019-2028) (US $MN)
12 Global Plant Extracts Market Outlook, By Maceration (2019-2028) (US $MN)
13 Global Plant Extracts Market Outlook, By Microwave Assisted Extraction (2019-2028) (US $MN)
14 Global Plant Extracts Market Outlook, By Percolation (2019-2028) (US $MN)
15 Global Plant Extracts Market Outlook, By Phytonics Process (2019-2028) (US $MN)
16 Global Plant Extracts Market Outlook, By Soxhlet (2019-2028) (US $MN)
17 Global Plant Extracts Market Outlook, By Supercritical Fluid Extraction (2019-2028) (US $MN)
18 Global Plant Extracts Market Outlook, By Ultrasound-Assisted Extraction (UAE) (2019-2028) (US $MN)
19 Global Plant Extracts Market Outlook, By Source (2019-2028) (US $MN)
20 Global Plant Extracts Market Outlook, By Barks & Stems (2019-2028) (US $MN)
21 Global Plant Extracts Market Outlook, By Fruits, Flowers and Bulbs (2019-2028) (US $MN)
22 Global Plant Extracts Market Outlook, By Leaves (2019-2028) (US $MN)
23 Global Plant Extracts Market Outlook, By Rhizomes & Roots (2019-2028) (US $MN)
24 Global Plant Extracts Market Outlook, By Seeds, Pods & Berries (2019-2028) (US $MN)
25 Global Plant Extracts Market Outlook, By Type (2019-2028) (US $MN)
26 Global Plant Extracts Market Outlook, By Phytochemicals (2019-2028) (US $MN)
27 Global Plant Extracts Market Outlook, By Polyphenols/Phenolic Compounds (2019-2028) (US $MN)
28 Global Plant Extracts Market Outlook, By Carotenoid (2019-2028) (US $MN)
29 Global Plant Extracts Market Outlook, By Indol-3-Carbinol (2019-2028) (US $MN)
30 Global Plant Extracts Market Outlook, By Organosulfides (2019-2028) (US $MN)
31 Global Plant Extracts Market Outlook, By Protein Inhibitors (2019-2028) (US $MN)
32 Global Plant Extracts Market Outlook, By Terpenes (Isoprenoids) (2019-2028) (US $MN)
33 Global Plant Extracts Market Outlook, By Thiols (2019-2028) (US $MN)
34 Global Plant Extracts Market Outlook, By Spices (2019-2028) (US $MN)
35 Global Plant Extracts Market Outlook, By Coriander (2019-2028) (US $MN)
36 Global Plant Extracts Market Outlook, By Fennel (2019-2028) (US $MN)
37 Global Plant Extracts Market Outlook, By Pepper (2019-2028) (US $MN)
38 Global Plant Extracts Market Outlook, By Essential Oils & Natural Extracts (2019-2028) (US $MN)
39 Global Plant Extracts Market Outlook, By Citrus Oil (2019-2028) (US $MN)
40 Global Plant Extracts Market Outlook, By Eucalyptus Oil (2019-2028) (US $MN)
41 Global Plant Extracts Market Outlook, By Lavender Oil (2019-2028) (US $MN)
42 Global Plant Extracts Market Outlook, By Mint Oil (2019-2028) (US $MN)
43 Global Plant Extracts Market Outlook, By Flavors & Fragrances (2019-2028) (US $MN)
44 Global Plant Extracts Market Outlook, By Baronia (2019-2028) (US $MN)
45 Global Plant Extracts Market Outlook, By Chamomile (2019-2028) (US $MN)
46 Global Plant Extracts Market Outlook, By Clary Sage (2019-2028) (US $MN)
47 Global Plant Extracts Market Outlook, By Lemon Balm (2019-2028) (US $MN)
48 Global Plant Extracts Market Outlook, By Phytomedicines and Herbal Extracts (2019-2028) (US $MN)
49 Global Plant Extracts Market Outlook, By Chamomile (2019-2028) (US $MN)
50 Global Plant Extracts Market Outlook, By Echinacea (2019-2028) (US $MN)
51 Global Plant Extracts Market Outlook, By Ginseng (2019-2028) (US $MN)
52 Global Plant Extracts Market Outlook, By Spices (2019-2028) (US $MN)
53 Global Plant Extracts Market Outlook, By Coriander (2019-2028) (US $MN)
54 Global Plant Extracts Market Outlook, By Fennel (2019-2028) (US $MN)
55 Global Plant Extracts Market Outlook, By Pepper (2019-2028) (US $MN)
56 Global Plant Extracts Market Outlook, By Application (2019-2028) (US $MN)
57 Global Plant Extracts Market Outlook, By Animal Nutrition (2019-2028) (US $MN)
58 Global Plant Extracts Market Outlook, By Chemicals (2019-2028) (US $MN)
59 Global Plant Extracts Market Outlook, By Cosmetics (2019-2028) (US $MN)
60 Global Plant Extracts Market Outlook, By Dietary Supplements (2019-2028) (US $MN)
61 Global Plant Extracts Market Outlook, By Functional Food & Beverages (2019-2028) (US $MN)
62 Global Plant Extracts Market Outlook, By Personal Care (2019-2028) (US $MN)
63 Global Plant Extracts Market Outlook, By Pharmaceutical (2019-2028) (US $MN)
64 Global Plant Extracts Market Outlook, By Toiletries (2019-2028) (US $MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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