The global plant extracts market is estimated at USD 30.8 billion in 2021 and is projected to reach USD 55.3 billion by 2026, at a CAGR of 6.0% from 2021 to 2028.
The increase in the number of health-conscious people and also the rising vegan trends are some of the factors that have supported long-term expansion for the Plant Extracts Market.
Plant Extracts Market is segmented into type, application, source, and geography.
The type segment is segmented into phytomedicine & herbal extracts, essential oils, spices and flavors, and fragrances.
The application segment is segmented into pharmaceuticals & dietary supplements, food & beverages, and cosmetics.
Source segment is segmented into fruits, flowers & bulbs, leaves, rhizomes & roots, and barks and stems.
Geographically, Plant Extracts Market is sub-segmented into North America, Europe, Asia-Pacific, Middle East, and Africa, and South America and insights are provided for each region and major countries within the regions
Key players in Plant Extracts Market are Givaudan (Switzerland), Sensient Technologies Corporation (US), International Flavors & Fragrances, Inc (US), Kangcare Bioindustry Co., Ltd. (China), Synthite Industries Private Ltd. (India), and PT. Indesso Aroma (Indonesia).
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Report Feature |
Descriptions |
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Market Revenue In 2021 |
USD 30.8 billion |
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Growth Rate |
CAGR of 6.0% during the forecasting period, 2021-2028 |
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Historical Data |
2018-2019 |
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Forecast Years |
2021-2028 |
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Base Year |
2020 |
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Units Considered |
Revenue in USD billion and CAGR from 2021 to 2028 |
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Report Segmentation |
type, application, source, and Geography |
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Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
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Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and the Middle East and Africa |
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Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
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Companies Profiled |
Givaudan (Switzerland), Sensient Technologies Corporation (US), International Flavors & Fragrances, Inc (US), Kangcare Bioindustry Co., Ltd. (China), Synthite Industries Private Ltd. (India), and PT. Indesso Aroma (Indonesia). |
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Available Customization |
In addition to the market data for Plant Extracts Market, Delvens offers client-centric reports and customized according to the company’s specific demand and requirement. |
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