Botanical Extracts Market - Industry Size, Trends, Forecast 2027

Report Description

Global Botanical Extracts Market is estimated to grow at brisk CAGR during 2022-2027.The primary factor influencing the growth in global botanical extracts market is the shifting consumer preference towards natural formulations in food & beverage items. The growing realization of health impacts from artificial flavors, scents and colors in food products is probing the growth in botanical extracts across the globe. Innovative product launches are successfully gaining traction among health-conscious customers, thereby driving the global botanical extracts market at a robust pace, through 2027.

Global botanical extracts market is segmented by application, by form, by source and by geography. By geography, it is further segmented into Asia Pacific, North America, Europe, Middle East & Africa, and South America. North America accounted for the significant revenue shares in the global botanical extracts market in 2021 and the trend is likely to continue until 2027 as well. This is due to growing consumption of dietary supplements in countries such as Canada and USA, driving the demand for botanical extracts in the region.

Global botanical extracts market is dominated by players namely, Frutarom Industries Ltd. (Israel), Kalsec Inc (US), Döhler GmbH (Germany), Synergy Flavors (US), Blue Sky Botanics Ltd. (UK), among others.

Objective of the Study:

To outline, classify and estimate the Global Botanical Extracts market on the basis of source, application, form and regional distribution.
To study and forecast the Global market size of the Botanical Extracts, in terms of value and volume.
To understand the regional market structure of Botanical Extracts market, the global Botanical Extracts market is segmented in five regions, namely – Asia-Pacific, North America, Europe, Middle East & Africa and South America and forecast the market size, in terms of value and volume.
To identify the detailed information about the prime factors affecting the global Botanical Extracts market.
To evaluate competitor pricing, average market selling prices and margins in the global Botanical Extracts market.
To examine competitive developments such as expansions, new entrants in the global Botanical Extracts market.
To strategically profile the leading players in the market which are involved in the manufacturing and supply of Botanical Extracts worldwide.

Click here to download the sample

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of leading Botanical Extracts manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the company personnel were also enquired about their key products, prices of products and competitors. Through this technique, TechSci Research was able to include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the sources, applications, forms, distribution network and regional presence of all major Botanical Extracts manufacturers across the globe.

TechSci Research calculated the market size for Global Botanical Extracts using a bottom-up approach, where manufacturers’ value sales data for standard applications (Bakery & Confectionery, Sauces and Dressings, Alcoholic Beverages, Carbonated Soft Drinks, Iced Teas, Flavored Dairy Products and Others) were recorded and forecast for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources, secondary sources directories, databases, company annual reports, white papers, investor presentations and financial reports were also used by the TechSci Research.

Key Target Audience:

Botanical Extracts Manufacturers and Suppliers
Research organizations and consulting companies
Trade Associations, organizations, forums and alliances related to Botanical Extracts
Government bodies such as regulating authorities and policy makers
Industry associations
Market research and consulting firm

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as Botanical Extracts manufacturers, distributors and dealers, customers and policy makers about which market segments should be targeted over the coming years (next two to five years) in order to strategize investments and capitalize on the growth of the market segment.

Attribute	Details
Base Year	2021
Historical Years	2017 – 2020
Estimated Year	2022
Forecast Period	2023 – 2027
Quantitative Units	Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027
Report Coverage	Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
Segments Covered	· Application · Form · Source
Regional Scope	North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa
Country Scope	United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt
Key Companies Profiled	Frutarom Industries Ltd. (Israel), Kalsec Inc (US), Döhler GmbH (Germany), Synergy Flavors (US), Blue Sky Botanics Ltd. (UK).
Customization Scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, the Botanical Extracts has been segmented into the following categories in addition to the industry trends which have also been detailed below:

Global Botanical Extracts Market, by Application:

Bakery & Confectionery
Sauces and Dressings
Alcoholic Beverages
Carbonated Soft Drinks
Iced Teas
Flavored Dairy Products
Others

Global Botanical Extracts Market, by Form:

Powder
Liquid

Global Botanical Extracts Market, by Source:

Spices
Herbs
Tea leaves
Flowers

Global Botanical Extracts Market, by Geography:

Asia-Pacific

China
India
Japan
South Korea
Indonesia
Rest of APAC

North America

U. S.
Canada
Mexico
Rest of North America

Europe

Germany
U.K.
France
Italy
Spain
Rest of Europe

Middle East & Africa

Saudi Arabia
UAE
Iran
South Africa

South America

Brazil
Colombia
Argentina
Rest of South America

Competitive Landscape

Competition Benchmarking: Benchmarking of leading 10 players on the basis of product portfolio, production plants, market pricing, sales footprint, target customer types, etc.

Company Profiles: Detailed analysis of the major companies present in the Botanical Extracts market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:

Channel Partner Analysis

Detailed list of distributors and dealers across all major countries.

Company Information

Detailed analysis and profiling of additional market players (up to five).

Customer Profiling

List of current suppliers of Botanical Extracts and customers of Botanical Extracts

In case of you can’t find what, you are looking for then please get in touch with our custom research team at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Impact of COVID-19 on Global Botanical Extracts Market

4. Executive Summary

5. Voice of Customers

6. Global Botanical Extracts Market Outlook

6.1. Market Size & Forecast

6.1.1.By Value

6.1.2.By Volume

6.2. Market Share & Forecast

6.2.1.By Application (Bakery & Confectionery, Sauces and Dressings, Alcoholic Beverages, Carbonated Soft Drinks, Iced Teas, Flavored Dairy Products and Others)

6.2.2.By Form (Powder and Liquid)

6.2.3.By Source (Spices, Herbs, Tea leaves and Flowers)

6.2.4.By Region (Asia-Pacific, North America, Europe, Middle East & Africa and South America)

6.2.5.By Company

6.3. Global Market Attractiveness Index & BPS Analysis

7. Global Botanical Extracts Market Regional Analysis

7.1. Asia Pacific Botanical Extracts Market Outlook

7.1.1.Market Size & Forecast

7.1.1.1. By Value

7.1.1.2. By Volume

7.1.2.Market Share & Forecast

7.1.2.1. By Application (Bakery & Confectionery, Sauces and Dressings, Alcoholic Beverages, Carbonated Soft Drinks, Iced Teas, Flavored Dairy Products and Others)

7.1.2.2. By Form (Powder and Liquid)

7.1.2.3. By Source (Spices, Herbs, Tea leaves and Flowers)

7.1.2.4. By Country

7.1.2.4.1. China Botanical Extracts Market Outlook

7.1.2.4.1.1. Market Size & Forecast

7.1.2.4.1.1.1. By Value

7.1.2.4.1.1.2. By Volume

7.1.2.4.1.2. Market Share & Forecast

7.1.2.4.1.2.1. By Application

7.1.2.4.2. India Botanical Extracts Market Outlook

7.1.2.4.2.1. Market Size & Forecast

7.1.2.4.2.1.1. By Value

7.1.2.4.2.1.2. By Volume

7.1.2.4.2.2. Market Share & Forecast

7.1.2.4.2.2.1. By Application

7.1.2.4.3. Japan Botanical Extracts Market Outlook

7.1.2.4.3.1. Market Size & Forecast

7.1.2.4.3.1.1. By Value

7.1.2.4.3.1.2. By Volume

7.1.2.4.3.2. Market Share & Forecast

7.1.2.4.3.2.1. By Application

7.1.2.4.4. South Korea Botanical Extracts Market Outlook

7.1.2.4.4.1. Market Size & Forecast

7.1.2.4.4.1.1. By Value

7.1.2.4.4.1.2. By Volume

7.1.2.4.4.2. Market Share & Forecast

7.1.2.4.4.2.1. By Application

7.1.2.4.5. Indonesia Botanical Extracts Market Outlook

7.1.2.4.5.1. Market Size & Forecast

7.1.2.4.5.1.1. By Value

7.1.2.4.5.1.2. By Volume

7.1.2.4.5.2. Market Share & Forecast

7.1.2.4.5.2.1. By Application

7.2. North America Botanical Extracts Market Outlook

7.2.1.Market Size & Forecast

7.2.1.1. By Value

7.2.1.2. By Volume

7.2.2.Market Share & Forecast

7.2.2.1. By Application (Bakery & Confectionery, Sauces and Dressings, Alcoholic Beverages, Carbonated Soft Drinks, Iced Teas, Flavored Dairy Products and Others)

7.2.2.2. By Form (Powder and Liquid)

7.2.2.3. By Source (Spices, Herbs, Tea leaves and Flowers)

7.2.2.4. By Country

7.2.2.4.1. United States Botanical Extracts Market Outlook

7.2.2.4.1.1. Market Size & Forecast

7.2.2.4.1.1.1. By Value

7.2.2.4.1.1.2. By Volume

7.2.2.4.1.2. Market Share & Forecast

7.2.2.4.1.2.1. By Application

7.2.2.4.2. Canada Botanical Extracts Market Outlook

7.2.2.4.2.1. Market Size & Forecast

7.2.2.4.2.1.1. By Value

7.2.2.4.2.1.2. By Volume

7.2.2.4.2.2. Market Share & Forecast

7.2.2.4.2.2.1. By Application

7.2.2.4.3. Mexico Botanical Extracts Market Outlook

7.2.2.4.3.1. Market Size & Forecast

7.2.2.4.3.1.1. By Value

7.2.2.4.3.1.2. By Volume

7.2.2.4.3.2. Market Share & Forecast

7.2.2.4.3.2.1. By Application

7.3. Europe Botanical Extracts Market Outlook

7.3.1.Market Size & Forecast

7.3.1.1. By Value

7.3.1.2. By Volume

7.3.2.Market Share & Forecast

7.3.2.1. By Application (Bakery & Confectionery, Sauces and Dressings, Alcoholic Beverages, Carbonated Soft Drinks, Iced Teas, Flavored Dairy Products and Others)

7.3.2.2. By Form (Powder and Liquid)

7.3.2.3. By Source (Spices, Herbs, Tea leaves and Flowers)

7.3.2.4. By Country

7.3.2.4.1. Germany Botanical Extracts Market Outlook

7.3.2.4.1.1. Market Size & Forecast

7.3.2.4.1.1.1. By Value

7.3.2.4.1.1.2. By Volume

7.3.2.4.1.2. Market Share & Forecast

7.3.2.4.1.2.1. By Application

7.3.2.4.2. France Botanical Extracts Market Outlook

7.3.2.4.2.1. Market Size & Forecast

7.3.2.4.2.1.1. By Value

7.3.2.4.2.1.2. By Volume

7.3.2.4.2.2. Market Share & Forecast

7.3.2.4.2.2.1. By Application

7.3.2.4.3. Italy Botanical Extracts Market Outlook

7.3.2.4.3.1. Market Size & Forecast

7.3.2.4.3.1.1. By Value

7.3.2.4.3.1.2. By Volume

7.3.2.4.3.2. Market Share & Forecast

7.3.2.4.3.2.1. By Application

7.3.2.4.4. Spain Botanical Extracts Market Outlook

7.3.2.4.4.1. Market Size & Forecast

7.3.2.4.4.1.1. By Value

7.3.2.4.4.1.2. By Volume

7.3.2.4.4.2. Market Share & Forecast

7.3.2.4.4.2.1. By Application

7.3.2.4.5. UK Botanical Extracts Market Outlook

7.3.2.4.5.1. Market Size & Forecast

7.3.2.4.5.1.1. By Value

7.3.2.4.5.1.2. By Volume

7.3.2.4.5.2. Market Share & Forecast

7.3.2.4.5.2.1. By Application

7.4. Middle East & Africa Botanical Extracts Market Outlook

7.4.1.Market Size & Forecast

7.4.1.1. By Value

7.4.1.2. By Volume

7.4.2.Market Share & Forecast

7.4.2.1. By Application (Bakery & Confectionery, Sauces and Dressings, Alcoholic Beverages, Carbonated Soft Drinks, Iced Teas, Flavored Dairy Products and Others)

7.4.2.2. By Form (Powder and Liquid)

7.4.2.3. By Source (Spices, Herbs, Tea leaves and Flowers)

7.4.2.4. By Country

7.4.2.4.1. Saudi Arabia Botanical Extracts Market Outlook

7.4.2.4.1.1. Market Size & Forecast

7.4.2.4.1.1.1. By Value

7.4.2.4.1.1.2. By Volume

7.4.2.4.1.2. Market Share & Forecast

7.4.2.4.1.2.1. By Application

7.4.2.4.2. UAE Botanical Extracts Market Outlook

7.4.2.4.2.1. Market Size & Forecast

7.4.2.4.2.1.1. By Value

7.4.2.4.2.1.2. By Volume

7.4.2.4.2.2. Market Share & Forecast

7.4.2.4.2.2.1. By Application

7.4.2.4.3. Iran Botanical Extracts Market Outlook

7.4.2.4.3.1. Market Size & Forecast

7.4.2.4.3.1.1. By Value

7.4.2.4.3.1.2. By Volume

7.4.2.4.3.2. Market Share & Forecast

7.4.2.4.3.2.1. By Application

7.4.2.4.4. South Africa Botanical Extracts Market Outlook

7.4.2.4.4.1. Market Size & Forecast

7.4.2.4.4.1.1. By Value

7.4.2.4.4.1.2. By Volume

7.4.2.4.4.2. Market Share & Forecast

7.4.2.4.4.2.1. By Application

7.5. South America Botanical Extracts Market Outlook

7.5.1.Market Size & Forecast

7.5.1.1. By Value

7.5.1.2. By Volume

7.5.2.Market Share & Forecast

7.5.2.1. By Application (Bakery & Confectionery, Sauces and Dressings, Alcoholic Beverages, Carbonated Soft Drinks, Iced Teas, Flavored Dairy Products and Others)

7.5.2.2. By Form (Powder and Liquid)

7.5.2.3. By Source (Spices, Herbs, Tea leaves and Flowers)

7.5.2.4. By Country

7.5.2.4.1. Brazil Botanical Extracts Market Outlook

7.5.2.4.1.1. Market Size & Forecast

7.5.2.4.1.1.1. By Value

7.5.2.4.1.1.2. By Volume

7.5.2.4.1.2. Market Share & Forecast

7.5.2.4.1.2.1. By Application

7.5.2.4.2. Argentina Botanical Extracts Market Outlook

7.5.2.4.2.1. Market Size & Forecast

7.5.2.4.2.1.1. By Value

7.5.2.4.2.1.2. By Volume

7.5.2.4.2.2. Market Share & Forecast

7.5.2.4.2.2.1. By Application

7.5.2.4.3. Colombia Botanical Extracts Market Outlook

7.5.2.4.3.1. Market Size & Forecast

7.5.2.4.3.1.1. By Value

7.5.2.4.3.1.2. By Volume

7.5.2.4.3.2. Market Share & Forecast

7.5.2.4.3.2.1. By Application

8. Market Dynamics

8.1. Drivers

8.2. Challenges

9. Market Trends & Developments

10. Regional Price Analysis

11. Competitive Landscape

11.1. Competition Benchmarking

11.2. Company Profiles (Partial List of Leading Companies)

11.2.1. Frutarom Industries Ltd. (Israel)

11.2.2. Kalsec Inc (US)

11.2.3. Döhler GmbH (Germany)

11.2.4. Synergy Flavors (US)

11.2.5. Blue Sky Botanics Ltd. (UK)

12. Strategic Recommendations

Figures and Tables

Frequently asked questions

What are the major drivers of the global botanical extracts market?

The shift in consumer preference towards natural formulations in food & beverage items and growing health-consciousness among consumers are driving the growth of the global botanical extracts market.

Who are the leading operating market players in the global botanical extracts market?

Frutarom Industries Ltd. (Israel), Kalsec Inc (US), Döhler GmbH (Germany), Synergy Flavors (US), Blue Sky Botanics Ltd. (UK) are the major market players operating in the global botanical extracts market.

What application is expected to dominate the global botanical extracts market in the forecast period?

Based on application, the market is divided into bakery & confectionery, sauces and dressings, alcoholic beverages, carbonated soft drinks, iced teas, flavored dairy products, and others. The bakery & confectionery is expected to hold the largest market share in the forecast period due to the growing expenditure capacity of consumers and the rise in awareness of consumers about the health benefits of consuming natural extracts.

Which region is expected to lead the global botanical extracts market?

North America is dominating the market and is expected to maintain its dominance throughout the forecast period due to the high consumption of dietary products in the region.

Buy Now