Botanical Extracts Market Strategies, Trends, Forecast Till 2030

1. Botanical Extracts Market to at over 7% CAGR by 2030 Global Market Insights Inc.

2. Overview of Botanical Extracts Market • In terms of source, the tea leaves segment is projected to surpass USD 2 billion by 2030. Tea leaf botanical extracts offer a spectrum of benefits ranging from regulating blood pressure, supporting digestive health, and improving metabolic functions to soothing inflammation, and protecting the skin from sun exposure. The proven benefits of botanical extracts sourced from tea leaves in promoting weight loss and enhancing mental alertness may open new growth avenues for the industry. • With respect to form, the liquid botanical extracts market segment is likely to depict a strong CAGR throughout the forecast period and record a sizeable valuation by 2030. Liquid herbal extracts are versatile, simple to make, easy to consume, and have greater potency than the other forms. They are easily and rapidly absorbed, utilized, and digested by the body, thus ensuring immediate benefits post-consumption. Besides, the higher concentration of antioxidants and other potential ingredients compared to original herbs and other forms of extracts may propel liquid botanical extracts sales over the coming years. Global Market Insights Inc.

3. Continue… • In terms of type, the synthetic segment is set to propel substantially by the end of 2032. The segment's rapid growth is attributed to the increasing use of synthetic Botanical Extracts by supplement and skincare manufacturers in different products. Botanical Extracts plays a vital role in maintaining skin health as it regulates the regular activities of skin cells. Rising demand in the growing cosmetics market due to increased disposable income and rising consumer standards will drive product demand in the future. • Considering the application perspective, the personal care & cosmetics segment is projected to grow at 6% CAGR during 2023 to 2032. Botanical Extracts is used in personal care products as it improves blood flow, enhances epidermal cell hydration, and retains facial glow. It also helps stimulate collagen growth, prevents aging breakdown and reduces the appearance of fine facial lines. All these factors are projected to increase product adoption and spur segmental expansion. Global Market Insights Inc.

4. Continue… • Regarding applications, the others segment is expected to exhibit over 5.5% CAGR during the forecast period and record a valuation worth USD 500 million by 2030. The increasing utilization of botanical extracts in manufacturing several products, including fabric detergents, dishwashers, fabric conditioners, tissues, and air care products, will drive the segment expansion in the foreseeable future. • Regionally, the Middle East & Africa botanical extracts industry was worth USD 100 million in 2021 and is projected to cross USD 200 million by 2030. The escalating R&D efforts by regional pharmaceutical companies to study problems related to modern medicine such as antimicrobial resistance and find an effective cure for diseases such as cancer will fuel the regional industry. In addition, the proliferating F&B sector and growing health awareness will drive product demand across the MEA region. • Notable participants in the Botanical Extracts market include: Lipoid-Kosmetik, Nektium, Ambe NS Agro Products Pvt. Ltd., Berkem, Blue Sky Botanics Ltd., Synergy Flavors, Ransom Naturals Ltd., Kalsec Inc., Synthite Industries Ltd., Döhler GmbH, Nutra Green Biotechnology Co., Ltd., Kuber Impex Ltd., Mb-Holding GmbH & Co. Kg, Bell Flavors & Fragrances, Martin Bauer Group, International Flavors & Fragrances Inc., Botanica, and Native Extracts. Global Market Insights Inc.

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