Plant Extracts Market Overview, Growth Trends, Segmentation, Key Players (2024-2031)

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The Global Plant Extracts Market is expected to grow with a CAGR of 12.1% during the forecast period 2024-2031. 

Overview

Plant extracts are utilized in a variety of applications, including skin medications, anti-irritants, wetting agents, anti-inflammatories, sterilizers, anti-infectives, and skin protection products. The primary parts of the plant used in the extraction process are leaves, roots, bark, and stems, which offer both nutritional and medicinal benefits.

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Market Growth Trends

Increasing Consumer Awareness about the Advantages of Plant-Based Nutrients is Driving the Plant Extracts Market Growth

There is an increasing consumer emphasis on health and wellness, leading more individuals to seek natural and plant-based alternatives to enhance their well-being. This trend is evident across various industries, including food, beverages, dietary supplements, and personal care products. Plant-based nutrients are viewed as healthier choices due to their potential health benefits and natural origins.

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Market is Segmented

By Type:  Phytochemicals, Spices, Essential Oils, Others

By Form:  Powder, Liquid, Others

By Application:  Food & Beverages, Dietary Supplements, Pharmaceuticals, Personal Care, Animal Nutrition, Others

By Region:  North America, Europe, South America, Asia Pacific, Middle East, And Africa

Market Key Players

·         Symrise AG

·         Sensient Technologies

·         INB Hauser Pharmaceutical Services, Inc.

·         NATIVE EXTRACTS Pty Ltd

·         Martin Bauer GmbH & Co. KG

·         International Flavors & Fragrances, Inc.

·         Koninklijke DSM N.V.

·         Döhler

·         Givaudan

·         Shaanxi Jiahe Phytochem Co., Ltd.

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