Future Opportunities in Plant Extracts Market – Recent Study

09/feb/2016 08:37:00 IndustryARc Contatta l'autore

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Plant Extracts are chemical substances extracted from plants (generally herbal or natural plant) to incorporate them into other materials or applications in order to improve the process involved, or the quality of product, depending on the usage of the extract. They can be used in nutritional supplements, health food, cosmetics and other industries. They are core products in market of natural medicine and health products. Thus, Plant Extract Market is the market which deals with the Plant Extract process. 

Since it is majorly aimed at curing diseases, herbal products are most used in the Plant Extract Market. 

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Driving factors of this Market:

  • Highly improving interest towards self-grooming among the public
  • Growing number of people who use the beauty products
  • Increased awareness in people regarding side effects of the beauty products 

Categorization of the market:

Based on type:

  • Essential Oils and Natural Extracts,
  • Herbal Extracts
  • Spices,
  • Flavors and Fragrances,
  • Phytochemicals,etc.

Based on application:

  • Cosmetics,
  • Pharmaceuticals,
  • Food and Beverages etc. 

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Logical Estimates by Industry Arc:

In the next five years, Global Plant Extracts Market is estimated to witness steady growth because of:

  • Standardization of the production and
  • Quality development of the herbal products.

The consumption of plant extracts in the United States accounted for more than 60% of the world. 2010 Asian herbal extracts market is estimated at $ 1.5 billion, about 4 billion U.S. dollars, accounting for about 26.7%; Japan $ 320 million, accounting for 21%.

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