Global Herbal Extracts Market to Grow at a CAGR of 7.09% (2016-2024)

Posted on 2018-10-05 by Goldstein Research in Healthcare // 0 Comments

New York, USA, 2018-Oct-05 — /EPR Network/ —According to Goldstein Research, global plant extracts market is expected to reach USD 18.0 billion by 2024, growing at a CAGR of 7.09% over the forecast period 2016-2024. The growing health concerns, there is a surge in consumers of herbal products, majorly in the pharmaceutical and cosmetic industry, which is caused to be a major factor in driving the global herbal extracts market.

Global herbal extracts market segmentation has been done on the basis of the type of product, a form of product, ingredient type, distribution channel, and geography. Pharmaceuticals segment acquired the largest market share in the application of herbal extracts owing to fewer side effects and low cost of the products. Global herbal extracts market is largely dominated by North America on the back of larger acceptance of herbs based products by the consumers. Asia-Pacific has encountered multiple benefits and extraction methods of herbs since long time ago, thus APAC region is growing at a CAGR of 10.3%.

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Market Segmentation

On the basis of our in-depth analysis, Global Herbal Extracts Market can be segmented as follows:

By Ingredients

Amla
Aloe Vera
Guggal
Vetiver
Rosemary
Garlic
Turmeric
Mint
Others (fennel, eucalyptus, clary sage, etc)

By Form of Extract

Capsule
Tablet
Powder
Softgel
Liquid

By Extraction Method

Supercritical fluid extraction
Sonication extraction
Soxhlet extraction
Microwave-assisted extraction (MAE)
Marinated extraction
Steam-distillation extraction
Hydro-distillation extraction
Ultra-high pressure extraction
Hot water extraction
Accelerated solvent extraction (ASE)

By Application

Cosmetics
Haircare
Skin care
Fragrances
Food
Food Supplement
Sport Drinks
Health Drinks
Pharmaceuticals
Anti-inflammatory
Detoxification
Treatment of several illness

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“Herbal Extracts Market Outlook 2024” highlights a comprehensive overview of the global herbal extracts market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by ingredients, a form of extract, extraction method, application and geography.

The Global Herbal Extracts Market Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities, and investments. The in-depth analysis of herbal extracts market report will help the clients to assess their business strategies as per the competitive environment in the market space.

Major players of the global herbal extracts market discussed in the report are Doehler GmbH, Synthite Industries Ltd., Kalsec Inc., Naturex SA, Superior Supplement Manufacturing Inc., Maat Nutritionals, Matsun Nutrition, Kingherbs ltd., Savesta, Green Earth Products Pvt. Ltd., Plant Extracts International Inc., Organic Herb Inc., BerryPharma AG, FT Technologies, etc.

Further, Global Herbal Extracts Market Report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. The Herbal Extracts Market Share also comprises of key challenges for the market players, risk analysis, SWOT Analysis, USP Analysis, BPS analysis, and Market Attractiveness. The report also contains the expert analysis related to complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.

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