Botanical Ingredients Market Report - By Source (Herbs, Spices, Flowers, Leaves & Seeds, Others), By Form (Powder/Raw, Liquid), By Extraction (CO2 Extraction, Solvent Extraction, S......team Distillation, Enfleurage, Others), By Product (Emulsifier, Plant oils, Plant colorants, Fragrances, Resin extracts, Plant extracts, Others), By Primary Ingredients (Fruit & Vegetable extracts, Drain Extracts, Herbal Extracts, Floral Extracts, Others), By Application (Food & Beverages [Bakery & Confectionery, Sauces & Dressings, Energy Drinks, Sports Drinks, Functional Juices], Dietary Supplements, Pharmaceutical and Nutraceutical, Cosmetics & Personal Care, Others), By Distribution Channel (Offline [Supermarkets/Hypermarkets, Convenience Stores, Specialty Bakery/Stores], Online), By Region (North America, South America, Europe, The Middle East & Africa, Asia-Pacific), By Company (Archer Daniels Midland Company, AmbePhytoextractsPvt. Ltd., Bell Flavors & Fragrances, Botanical Ingredients Ltd., Blue Sky Botanics, Berje, Inc., Döhler GmbH, Fytosan (Die, France), Givaudan, Green Labs LLC, Haldin Natural, Indesso, International Flavors& Fragrances, Inc., Kalsec Inc., Koninklijke Euroma BV, Lipoid Kosmetic AG, Martin Bauer Group, Nexira, Nutrasorb, LLC, Prakruti Products Pvt. Ltd., Rutland Biodynamics Ltd., Synthite Industries, Synergy Flavors, The Herbarie at Stoney Hill Farm, Inc., Umalaxmi Organics Pvt. Ltd, Others) Read more
- Food & Beverages
- Nov 2023
- 178
- PDF, Excel, PPT
Market Definition
Botanical ingredients are obtained from plants and are treasured mainly for their applications like flavor & aroma, healing, therapeutic, and other natural properties. These components are present in a huge variety and are procured from spices, herbs, vegetables, and fruits, among others, offering a comprehensive product range. They are derived from plant leaves, roots, flowers, and stems, containing nutrients such as bioactive compounds. Due to their high enrichment in terms of nutrients, these ingredients are popularly used for their biological & medicinal effects.
Market Insights & Analysis: Global Botanical Ingredients Market (2024-30)
The Global Botanical Ingredients Market is projected to grow at a CAGR of around 5.5% during the forecast period, i.e., 2024-30. The market is driven by the growing health consciousness among individuals and their swift inclination toward functional foods, demonstrating a mounting demand for botanical ingredients. As the trends of eating clean-label products & sustainable ingredients are upscaling rapidly, a spike in demand for these ingredients is witnessed across the world. The same aspect is instigating several prominent players to increase their production & distribution capacities and cater to the rising requirements worldwide.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2019-22 |
| Base Year: 2023 | |
| Forecast Period: 2024-30 | |
| CAGR (2024-2030) | 5.5% |
| Regions Covered | North America: US, Canada, Mexico |
| Europe: Germany, UK, France, Italy, Spain, Russia, Rest of Europe | |
| Asia-Pacific: India, China, Japan, Australia, Rest of Asia-Pacific | |
| South America: Brazil, Argentina, Rest of South America | |
| Middle East & Africa: UAE, South Africa, Rest of the Middle East & Africa | |
| Key Companies Profiled | Archer Daniels Midland Company, AmbePhytoextractsPvt. Ltd., Bell Flavors & Fragrances, Botanical Ingredients Ltd., Blue Sky Botanics, Berje, Inc., Döhler GmbH, Fytosan (Die, France), Givaudan, Green Labs LLC, Haldin Natural, Indesso, International Flavors& Fragrances, Inc., Kalsec Inc., Koninklijke Euroma BV, Lipoid Kosmetic AG, Martin Bauer Group, Nexira, Nutrasorb, LLC, Prakruti Products Pvt. Ltd., Rutland Biodynamics Ltd., Synthite Industries, Synergy Flavors, The Herbarie at Stoney Hill Farm, Inc., Umalaxmi Organics Pvt. Ltd, Other. |
| Unit Denominations | USD Million/Billion |
Moreover, fresh flowers are usually used to decorate homes & offices and are also utilized in the production of cosmetics, natural dyes, medicines, etc. This flower segment is anticipated to have the fastest growth during projected years. The herbs-based components are also gaining attention globally due to their health benefits, such as the maintenance of hormones & enhancement of the functioning of metabolism & immune system. It is particularly seen across the food & beverages industry owing to these ingredients offering a refreshing & premium touch to the existing formulations & cuisines. Such shift in food preferences is demonstrating a frequent usage of botanical ingredients in various applications like bakery & dairy products, energy drinks, beverages, cereals, etc. Hence, such a rise in the utilization of botanical ingredients is set to have a positive effect on the industry across locations.
Besides, the pandemic has projected opportunities for botanical ingredients, demonstrating a surge in demand. During the initial phase of the crisis, hospitals like Traditional Chinese Medicine (TCM) augmented the need for traditional medicines & recommended the usage of herbs to address the virus. Hence, these ingredients were used in various dietary supplements associated with joint health, anxiety, obesity, and the vascular system. Furthermore, the consumer preference for an active & healthy lifestyle boosted the demand for botanical ingredients & might prevail in the coming years. Various names, such as Homeopathy, Ayurveda, and Siddha, are gaining attention, therefore enhancing the demand for plant-base.
- Introduction
- Product Definition
- Research Process
- Market Segmentation
- Assumptions
- Preface
- Executive Summary
- Global Botanical Ingredients Market Trends & Insights
- Global Botanical Ingredients Market Dynamics
- Drivers
- Challenges
- Global Botanical Ingredients Market Regulations & Policies
- Global Botanical Ingredients Market Supply Chain Analysis
- Global Botanical Ingredients Market Hotspots & Opportunities
- Global Botanical Ingredients Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Source
- Herbs
- Spices
- Flowers
- Leaves & Seeds
- Others
- By Form
- Powder/Raw
- Liquid
- By Extraction
- CO2 Extraction
- Solvent Extraction
- Steam Distillation
- Enfleurage
- Others
- By Product
- Emulsifier
- Plant oils
- Plant colorants
- Fragrances
- Resin extracts
- Plant extracts
- Others
- By Primary Ingredients
- Fruit & Vegetable extracts
- Drain Extracts
- Herbal Extracts
- Floral Extracts
- Others
- By Application
- Food & Beverages
- Bakery & Confectionery
- Sauces & Dressings
- Energy Drinks
- Sports Drinks
- Functional Juices
- Dietary Supplements
- Pharmaceutical and Nutraceutical
- Cosmetics & Personal Care
- Others
- Food & Beverages
- By Distribution Channel
- Offline
- Supermarkets/Hypermarkets
- Convenience Stores
- Specialty Bakery/Stores
- Online
- Offline
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
- By Company
- Competition Characteristics
- Market Share of Leading Companies, By Revenues
- By Source
- Market Size & Analysis
- North America Botanical Ingredients Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Billion)
- Market Share & Analysis
- By Source
- By Type
- By Extraction
- By Product
- By Primary ingredients
- By Application
- By Distribution Channel
- By Country
- The US
- Canada
- Mexico
- Rest of North America
- The US Botanical Ingredients Market Outlook, 2019-2030F
- Market Size and Analysis
- By Revenues in USD Million
- Market Share and Analysis
- By Type
- By Application
- Market Size and Analysis
- Canada Botanical Ingredients Market Outlook, 2019-2030F
- Market Size and Analysis
- By Revenues in USD Million
- Market Share and Analysis
- By Type
- By Application
- Market Size and Analysis
- Mexico Botanical Ingredients Market Outlook, 2019-2030F
- Market Size and Analysis
- By Revenues in USD Million
- Market Share and Analysis
- By Type
- By Application
- Market Size and Analysis
- Market Size & Analysis
- South America Botanical Ingredients Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Billion)
- Market Share & Analysis
- By Source
- By Type
- By Extraction
- By Product
- By Primary ingredients
- By Application
- By Distribution Channel
- By Country
- Brazil
- Argentina
- Rest of South America
- Brazil Botanical Ingredients Market Outlook, 2019-2030F
- Market Size and Analysis
- By Revenues in USD Million
- Market Share and Analysis
- By Type
- By Application
- Market Size and Analysis
- Argentina Botanical Ingredients Market Outlook, 2019-2030F
- Market Size and Analysis
- By Revenues in USD Million
- Market Share and Analysis
- By Type
- By Application
- Market Size and Analysis
- Market Size & Analysis
- Europe Botanical Ingredients Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Billion)
- Market Share & Analysis
- By Source
- By Type
- By Extraction
- By Product
- By Primary Ingredients
- By Application
- By Distribution Channel
- By Country
- Germany
- The UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Germany Botanical Ingredients Market Outlook, 2019-2030F
- Market Size and Analysis
- By Revenues in USD Million
- Market Share and Analysis
- By Type
- By Application
- Market Size and Analysis
- The UK Botanical Ingredients Market Outlook, 2019-2030F
- Market Size and Analysis
- By Revenues in USD Million
- Market Share and Analysis
- By Type
- By Application
- Market Size and Analysis
- France Botanical Ingredients Market Outlook, 2019-2030F
- Market Size and Analysis
- By Revenues in USD Million
- Market Share and Analysis
- By Type
- By Application
- Market Size and Analysis
- Italy Botanical Ingredients Market Outlook, 2019-2030F
- Market Size and Analysis
- By Revenues in USD Million
- Market Share and Analysis
- By Type
- By Application
- Market Size and Analysis
- Spain Botanical Ingredients Market Outlook, 2019-2030F
- Market Size and Analysis
- By Revenues in USD Million
- Market Share and Analysis
- By Type
- By Application
- Market Size and Analysis
- Russia Botanical Ingredients Market Outlook, 2019-2030F
- Market Size and Analysis
- By Revenues in USD Million
- Market Share and Analysis
- By Type
- By Application
- Market Size and Analysis
- Market Size & Analysis
- The Middle East & Africa Botanical Ingredients Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Billion)
- Market Share & Analysis
- By Source
- By Type
- By Extraction
- By Product
- Primary ingredients
- By Application
- By Distribution Channel
- By Country
- UAE
- South Africa
- Rest of Middle East & Africa
- The UAE Botanical Ingredients Market Outlook, 2019-2030F
- Market Size and Analysis
- By Revenues in USD Million
- Market Share and Analysis
- By Type
- By Application
- Market Size and Analysis
- South Africa Botanical Ingredients Market Outlook, 2019-2030F
- Market Size and Analysis
- By Revenues in USD Million
- Market Share and Analysis
- By Type
- By Application
- Market Size and Analysis
- Market Size & Analysis
- Asia-Pacific Botanical Ingredients Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Billion)
- Market Share & Analysis
- By Source
- By Type
- By Extraction
- By Product
- Primary ingredients
- By Application
- By Distribution Channel
- By Country
- India
- China
- Japan
- Australia
- Rest of Asia-Pacific
- India Botanical Ingredients Market Outlook, 2019-2030F
- Market Size and Analysis
- By Revenues in USD Million
- Market Share and Analysis
- By Type
- By Application
- Market Size and Analysis
- China Botanical Ingredients Market Outlook, 2019-2030F
- Market Size and Analysis
- By Revenues in USD Million
- Market Share and Analysis
- By Type
- By Application
- Market Size and Analysis
- Japan Botanical Ingredients Market Outlook, 2019-2030F
- Market Size and Analysis
- By Revenues in USD Million
- Market Share and Analysis
- By Type
- By Application
- Market Size and Analysis
- Australia Botanical Ingredients Market Outlook, 2019-2030F
- Market Size and Analysis
- By Revenues in USD Million
- Market Share and Analysis
- By Type
- By Application
- Market Size and Analysis
- Market Size & Analysis
- Global Botanical Ingredients Market Key Strategic Imperatives for Growth & Success
- Competition Outlook
- Competition Matrix
- Brand Specialization
- Target Markets
- Target End-users
- Research & Development
- Strategic Alliances
- Strategic Initiatives
- Company Profiles
- Archer Daniels Midland Company
- AmbePhytoextractsPvt. Ltd.
- Bell Flavors & Fragrances
- Botanical Ingredients Ltd.
- Blue Sky Botanics
- Berje, Inc.
- Döhler GmbH
- Fytosan (Die, France)
- Givaudan
- Green Labs LLC
- Haldin Natural
- Indesso
- International Flavors& Fragrances, Inc.
- Kalsec Inc.
- Koninklijke Euroma BV
- Lipoid Kosmetic AG
- Martin Bauer Group
- Nexira
- Nutrasorb, LLC
- Prakruti Products Pvt. Ltd.
- Rutland Biodynamics Ltd.
- Synthite Industries
- Synergy Flavors
- The Herbarie at Stoney Hill Farm, Inc.
- Umalaxmi Organics Pvt. Ltd
- Others
- Competition Matrix
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making