Botanical Ingredients Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Botanical Ingredients Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A3546
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Market Overview:

The global botanical ingredients market is expected to exhibit a CAGR of 6.8% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Biotech ingredients are prepared using organisms like algae, yeast or bacteria that undergo deoxyribonucleic acid (DNA) editing to enhance the metabolic process of microbes. They are cost-effective and generate a low environmental impact than ingredients processed using petrochemicals. They act as a sustainable alternative to formulate plant-based extracts, which can counteract oxidative damages and slow down the aging process. Consequently, cosmetics companies worldwide are extensively using biotech ingredients to develop and evaluate the activity of natural active components on the skin.

A considerable shift in consumer preferences towards safe, potent, advanced and efcacious cosmetics solutions represents one of the key factors encouraging the adoption of biotech ingredients to produce new cosmetic formulas, ranging from hyaluronic acid to collagen. Additionally, the escalating demand for organic and sustainable products is promoting the utilization of biotech ingredients in hybrid skincare products. The leading market players are also investing in scientic research to introduce innovative products. For instance, they are focusing on biomimetics, 3D bioprinting and plant tissue culture technologies to develop next-generation beauty products. In line with this, they are recycling, sterilizing and disposing of the waste generated during the production process, which helps in reducing the carbon footprint of raw materials. Apart from this, biotech ingredients are gaining traction in the food and beverage (F&B) industry for adding flavors and improving enzymes and emulsifiers applications. Furthermore, the usage of these ingredients is anticipated to rise in the pharmaceutical industry to formulate active ingredients from natural sources.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global botanical ingredients market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on source, form and application.

Breakup by Source:

  • Herbs
  • Leaves
  • Spices
  • Flowers
  • Others
     

Breakup by Form:

  • Powder
  • Liquid
     

Breakup by Application:

  • Food and Beverages
  • Dietary Supplements
  • Cosmetics and Personal Care
  • Pharmaceuticals
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Ambe Phytoextracts Pvt Ltd., Bell Flavors & Fragrances, Berje Inc., International Flavors & Fragrances Inc., Lipoid Kosmetik AG, New Directions Aromatics Inc., Prakruti Products Pvt. Ltd., PT. Indesso Aroma, Rutland Biodynamics Ltd., Saba Botanical of Usa Inc., The Green Labs LLC and The Herbarie at Stoney Hill Farm Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Source, Form, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Ambe Phytoextracts Pvt Ltd., Bell Flavors & Fragrances, Berje Inc., International Flavors & Fragrances Inc., Lipoid Kosmetik AG, New Directions Aromatics Inc., Prakruti Products Pvt. Ltd., PT. Indesso Aroma, Rutland Biodynamics Ltd., Saba Botanical of Usa Inc., The Green Labs LLC and The Herbarie at Stoney Hill Farm Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the global botanical ingredients market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global botanical ingredients market?
  • What are the key regional markets?
  • What is the breakup of the market based on the source?
  • What is the breakup of the market based on the form?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global botanical ingredients market and who are the key players?
  • What is the degree of competition in the industry?

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Botanical Ingredients Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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