Market Overview
Herbal extract is referred to the crude mixtures extracted from various parts of plants, which have diverse applications in various industries. The extraction of herbal compounds is generally carried out using ethanol or water. Herbal extracts have been identified to be highly consumed in the form of dietary supplements. Other major application sectors of herbal extracts include food, beverages, pharmaceutical, cosmetic & personal care, and others.
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Major Key Players
Some of the key players profiled in the Global Herbal Extracts Market are MB-Holding GmbH & Co.KG (Germany), Changsha Organic Herb, Inc. (China), Plant Extracts International Inc. (U.S.), Lehmann & Voss & Co. KG (Germany), Kalsec Inc. (U.S.), Ingredia Nutritional (France), Iprona AG (Italy), and FT Technologies, Inc. (U.K)
Key Findings
Asia Pacific is estimated to register maximum growth due to the massive growth of herbal dietary supplements and cosmetic industry in the developing nations of Asia Pacific
Segments
Global Herbal Extract Market has been segmented on the basis of Ingredient, which comprises Garlic, Basil, Soy, Marigold, Aloe Vera, Licorice, Reishi and others.
Herbal extract has been segmented on the basis of Application, which includes Foods, Beverages, Personal Care, Dietary Supplements and others.
Regional Analysis
Herbal Extract Market is segmented into Europe, Asia Pacific, North America and Rest of the World (RoW). North America is dominating the global herbal extract market, in terms of market share. North America is the largest consumer of herbal ingredients in food & beverage and pharmaceutical products. Additionally, the U.S., Canada, and Mexico are the major consumers of herbal extract products.
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