The global plant extracts market size is expected to reach USD 46.33 billion by 2028 according to a new study by Polaris Market Research. The report “Plant Extracts Market Share, Size, Trends, Industry Analysis Report, By Application (Pharmaceutical & Dietary Supplements, Food & Beverage, Cosmetics); By Type, By Source, By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The global market is expected to grow over the forecast period owing to the increasing number of health-conscious people and the growing vegan trends. With the growing health awareness, the increasing occurrence of chronic diseases, and the need for nutrition enrichments among consumers, plant extracts claim in various end-user industrial applications.
A plant extract is a substance that is extracted from the tissue of a plant. The product contains several chemical compositions, phlegmatics, carotenoids, quinones, gums, starches, resin alcohols, and hydrocarbon resins. Furthermore, the product is mixed with diluters to provide various activities to act as skin protection, skin medicine, anti-infective, anti-inflammatory, and anti-irritants.
The product is widely used in the food & beverages industry as colorant, flavorant, and to enrich all the overall nutritional content. Furthermore, plant extracts are also used in the cosmetic industry for hair care products, skin care products, and perfumes.
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Demand for the product is increasing due to the changing consumer trend of using natural products. Consumers are tending more towards herbal and pharmaceutical plant extracts due to their health benefits such as it reduces the risk of cancer and helps in boosting immunity. Alternatively, the availability of synthetic products is expected to be a restraint for the overall industry.
Phytomedicines are herbal medicines that include curcumin, garlic, tea tree, garcinia, and basil having therapeutic and healing properties that have been practiced worldwide since ancient times for the prevention and treatment of diseases which in turn is expected to drive the industry during the forecast period.
Asia Pacific market is expected to dominate the market in the forecast period owing to the consumption rate of vegan food & beverage products, and the increase in awareness related to the health benefits associated with the consumption of clean-label food products among consumers. The key factors driving the market growth in this region include the upsurge in the trade of the product between international and Asian manufacturers of the products.
The key players present in this market are Symrise AG, Sensient Technologies, Givaudan, Native Extracts Pty. Ltd., Martin Bauer GmbH & Co. KG, Kangcare Bioindustry Co., Ltd., Pt. Indesso Aroma, Ltd., Synthite Industries Private Ltd., Tokiwa Phytochemical Co., International Flavours and Fragrances Inc., and others.
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Polaris Market Research has segmented the plant extracts market report on the basis of type, source, application, and region:
Plant Extracts, Type Outlook (Revenue – USD Billion, 2016 – 2028)
- Phytomedicines & Herbal Extracts
- Essential Oils
- Spices
- Flavors & Fragrances
- Others
Plant Extracts, Source Outlook (Revenue – USD Billion, 2016 – 2028)
- Fruits, Flowers, and Bulbs
- Leaves
- Barks & Stems
- Rhizomes & Roots
Plant Extracts, Application Outlook (Revenue – USD Billion, 2016 – 2028)
- Pharmaceutical & Dietary Supplements
- Food & Beverage
- Cosmetics
- Others
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Immunity Boosting Foods Market is valued at USD 15.50 Billion in 2019 and expected to reach USD 25.21 Billion by 2026 with the CAGR of 7.2% over the forecast period"Global Immunity Boosting Foods Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2020-2026- Increasing number of chronic diseases and growing aging population across the globe are some of the major factors driving the growth of The Global Immunity Boosting Foods Market.Scope of Global Immunity Boosting Foods Market Report-Immunity boosting foods are nutritional foods that may help to build immune system to stay healthy and fight illness.
immune element are such as vitamin C, vitamin E, grape seed, berries, low-fat yogurt, ginseng, garlic, turmeric, spinach, acai berry, panax ginseng, sheep sorrel, slippery elm, pomegranate, selenium, graviola, red raspberry, green tea and mushroom extracts many more.
Immunity boosting foods are available as in teas, extracts, fruits & vegetables, herbs & spices, nuts & seeds, dairy-based foods, probiotics & prebiotics and others.
On the basis of country level, market of immunity boosting foods is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.Key Players of Immunity Boosting Foods -Immunity boosting foods market report covers prominent players are Blue Diamond Growers, Associated British Foods Plc, Danone SA, Diamond Foods, LLC.
, Nestle S.A., Dole Food Company, Inc., Fonterra group Cooperative Limited, Pinnacle Foods Corp., Olam International, Hines Nut Company and others.Global Immunity Boosting Foods Market Dynamics–Increasing number of chronic diseases and growing aging population across the globe are some of the major factors driving the growth of the global immunity boosting foods market.
Now these days, with the coronavirus pandemic sweeping the world, it is necessary to make immune system stronger to defend the worst virus therefore, more people are looking for functional foods or immunity boosting foods to fight illness and stay healthy.
The plant may be used for everything from boosting immunity to promoting hair growth or skin rejuvenation, making it an excellent choice as a daily supplement.
Not only does this product work well on your whole body-it also provides relief in cases where other supplements have failed.
Aloe Vera extract capsules are an easy way to help with constipation.
Aloe works by stimulating the colon's contractions, while also soothing your digestive tract so that waste moves through more easily.
