Global Botanical Extracts Market (2019-2023) to Record a Robust CAGR Exceeding 8% - Key Players are BASF, Carbery Group, DowDuPont, International Flavors & Fragrances, and Kerry - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 23, 2019--The “Global Botanical Extracts Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The botanical extracts market will register a CAGR of more than 8% by 2023.
The growing adoption of aromatherapy for stress relief to drive growth in the market
Different factors such as work pressure, finances, relationships, and traffic may lead to unmanaged stress that can result in weight gain, increased sugar levels, body pain, and early aging. Aromatherapy is increasingly used to combat stress levels due to its therapeutic effects on stress hormones.
Growing awareness of the benefits of natural cosmetics
The natural cosmetics are made from ingredients directly extracted from plants. Sources of natural ingredients can include herbs, fruits, flowers, leaves, minerals, and water.
High price of products
The botanical extracts market is characterized by the presences of a significant number of small players. High price of the products affects the consumption pattern in cost sensitive developing economies, with lower disposable incomes.
Key PlayersBASF Carbery Group DowDuPont International Flavors & Fragrances Kerry
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY APPLICATIONComparison by application F&B - Market size and forecast 2018-2023 Nutraceuticals - Market size and forecast 2018-2023 Cosmetics - Market size and forecast 2018-2023 Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPEGeographic comparison Americas - Market size and forecast 2018-2023 EMEA - Market size and forecast 2018-2023 APAC - Market size and forecast 2018-2023 Key leading countries Market opportunity
PART 09: DRIVERS AND CHALLENGES
PART 10: MARKET TRENDSGrowing applications of botanical extracts in beverage industry Growing adoption of aromatherapy for stress relief Strategic alliances
PART 11: VENDOR LANDSCAPE
PART 12: VENDOR ANALYSISVendors covered Vendor classification Market positioning of vendors BASF Carbery Group DowDuPont International Flavors & Fragrances Kerry
For more information about this report visit https://www.researchandmarkets.com/research/hp953b/global_botanical?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190123005643/en/
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Related Topics:Food Ingredients
INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 01/23/2019 12:11 PM/DISC: 01/23/2019 12:11 PM