Global Botanical Ingredients

Global Botanical Ingredients Market Research Report: Forecast (2022-27)

By Source (Herbs, Spices, Flowers, Leaves & Seeds), By Form (Powder/Raw, Liquid), By Extraction (CO2 Extraction, Solvent Extraction, Steam Distillation, Enfleurage), By Product (Emulsifier, Plant oils Read more

  • Food & Beverages
  • Sep 2022
  • 178
  • FB55024

Market Definition

Botanical ingredients are obtained from plants and are treasured mainly for their applications like flavor & aroma, healing, & other natural properties. These ingredients are procured from spices, herbs, vegetables, & fruits, among others, where they offer a comprehensive product range.

Due to their high enrichment in terms of nutrients like bioactive compounds, these ingredients are popularly used for their biological effects. Today, the application of these ingredients is backed by advancements & experimentation within the Food & Beverage industry & paving way for expanding use worldwide.

Market Insights

The Global Botanical Ingredients Market is projected to grow at a CAGR of around 7.2% during the forecast period, i.e., 2022-27. The market is driven by the growing health consciousness among people and their swift inclination toward functional foods, demonstrating a mounting demand for botanical ingredients.

In addition, as the trends of eating clean label products & sustainable ingredients is upscaling rapidly, consumers to hiking up the demand for these ingredients. The same aspect is instigating several prominent players to increase their production & distribution capacities and cater to the rising requirements worldwide. 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. Such rise in the utilization of botanical ingredients is set to make peccable effects on the industry across locations.

Report Coverage Details
Study Period Historical Data: 2017-20
Base Year: 2021
Forecast Period: 2022-27
CAGR (2022-2027) 7.2%
Regions Covered North America: The US, Canada, Mexico, Rest of North America
Europe: Germany, The 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 Middle East & Africa
Key Companies Profiled Aura Cacia, doTERRA, DuPont, Givaudan, NOW Essential Oils, Plant Therapy, Rocky Mountain Oils, LLC, Sydney Essential Oil Co., The Lebermuth Company, Young Living, Others
Unit Denominations USD Million/Billion

 

Moreover, especially after the Covid-19 pandemic, the health consciousness among people have elevated. This explosion in interest in health-beneficial products is making positive influences on the overall market growth. The Covid-19 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 and recommended the use of herbs to address the coronavirus.

In fact, these ingredients were used in various dietary supplements associated with joint health, anxiety, obesity, & vascular system. Hence, the pandemic and the consumer preference for an active & healthy lifestyle boosted the demand for botanical ingredients and might prevail in the coming years.

Furthermore, the expansive utilization of these ingredients extends across the cosmetic solutions too, and exemplify a much more potent, advanced, & quality oriented utilization in different skin & hair products. Backed by their excellent properties like antioxidant, antifungal, antimicrobial, oral care, skin conditioning, and humectant properties, their usage is quite evident in a wide range of products like collagen, hyaluronic acid, etc.

Market Segmentation

By Form

  • Powder/Raw
  • Liquid

Powered/Raw form acquired the largest share of the Global Botanical Ingredients Market in recent years and is anticipated to prevail in the same trend during the forecast period. This dominance attributes to its expansive applicability in food & beverages like bakery, confectionery, sauces, seasonings, meat, and dairy products.

Besides, the powdered ingredients also project comprehensive relevance in producing dietary supplements & formulating active ingredients. In addition, since powdered botanical ingredients have a relatively long shelf life owing to their concentrated nature, more people prefer using these products and stimulate the demand.

Moreover, increasing health consciousness among people and their inclination toward powdered/raw ingredients is instigating the leading players to introduce novel food products and strategically expand their product portfolios to cater to the massive consumer base. Additionally, the raw forms of the ingredients also cater to enhancing the palatability of food, beverage, and preservatives, owing to which, different industries are preferring powders/raw forms. For instance,

  • Products like HUM Nutrition’s & ESI beauty collagen raw beauty powder include Eleuthera root powder, American ginseng, & ashwagandha root powder due to characteristics like consistency in texture & restoring skin cells.

On the other hand, Liquid forms are projected to witness significant demand and contribute to the expansion of the Global Botanical Ingredients Market during the forecast period. It owes principally to the convenience of this form to prepare Ready-to-Drink (RTD) beverages, cold beverages, and beverage mixes. Backed by the growing popularity of RTD beverages due to their easy consumption, strong nutritional profile, & availability at local stores, the demand for liquid form is set to upscale in the coming years.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Market Segmentation
    4. Assumptions
  2. Preface
  3. Executive Summary
  4. Impact of Covid-19 on the Global Botanical Ingredients Market
  5. Global Botanical Ingredients Market Trends & Insights
  6. Global Botanical Ingredients Market Dynamics
    1. Drivers
    2. Challenges
  7. Global Botanical Ingredients Market Regulations & Policies
  8. Global Botanical Ingredients Market Supply Chain Analysis
  9. Global Botanical Ingredients Market Hotspots & Opportunities
  10. Global Botanical Ingredients Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Source
        1. Herbs
        2. Spices
        3. Flowers
        4. Leaves & Seeds
      2. By Form
        1. Powder/Raw
        2. Liquid
      3. By Extraction
        1. CO2 Extraction
        2. Solvent Extraction
        3. Steam Distillation
        4. Enfleurage
      4. By Product
        1. Emulsifier
        2. Plant oils
        3. Plant colorants
        4. Fragrances
        5. Resin extracts
        6. Plant extracts
      5. By Application
        1. Food & Beverages
          1. Bakery & Confectionery
          2. Sauces & Dressings
          3. Energy Drinks
          4. Sports Drinks
          5. Functional Juices
        2. Dietary Supplements
        3. Pharmaceutical and Nutraceutical
        4. Cosmetics & Personal Care
      6. By Distribution Channel
        1. Offline
          1. Supermarkets/Hypermarkets
          2. Convenience Stores
          3. Specialty Bakery/Stores
        2. Online
      7. By Region
        1. North America
        2. South America
        3. Europe
        4. Middle East & Africa
        5. Asia-Pacific
      8. By Company
        1. Competition Characteristics
        2. Market Share of Leading Companies, By Revenues
  11. North America Botanical Ingredients Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues (USD Billion)
    2. Market Share & Analysis
      1. By Source
      2. By Type
      3. By Extraction
      4. By Product
      5. By Application
      6. By Distribution Channel
      7. By Country
        1. The US
        2. Canada
        3. Mexico
        4. Rest of North America
    3. The US Botanical Ingredients Market Outlook, 2017- 2027F
      1. Market Size and Analysis
        1. By Revenues in USD Million
      2. Market Share and Analysis
        1. By Type
        2. By Application
    4. Canada Botanical Ingredients Market Outlook, 2017- 2027F
      1. Market Size and Analysis
        1. By Revenues in USD Million
      2. Market Share and Analysis
        1. By Type
        2. By Application
    5. Mexico Botanical Ingredients Market Outlook, 2017- 2027F
      1. Market Size and Analysis
        1. By Revenues in USD Million
      2. Market Share and Analysis
        1. By Type
        2. By Application
  12. South America Botanical Ingredients Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues (USD Billion)
    2. Market Share & Analysis
      1. By Source
      2. By Type
      3. By Extraction
      4. By Product
      5. By Application
      6. By Distribution Channel
      7. By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    3. Brazil Botanical Ingredients Market Outlook, 2017- 2027F
      1. Market Size and Analysis
        1. By Revenues in USD Million
      2. Market Share and Analysis
        1. By Type
        2. By Application
    4. Argentina Botanical Ingredients Market Outlook, 2017- 2027F
      1. Market Size and Analysis
        1. By Revenues in USD Million
      2. Market Share and Analysis
        1. By Type
        2. By Application
  13. Europe Botanical Ingredients Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues (USD Billion)
    2. Market Share & Analysis
      1. By Source
      2. By Type
      3. By Extraction
      4. By Product
      5. By Application
      6. By Distribution Channel
      7. By Country
        1. Germany
        2. The UK
        3. France
        4. Italy
        5. Spain
        6. Russia
        7. Rest of Europe
    3. Germany Botanical Ingredients Market Outlook, 2017- 2027F
      1. Market Size and Analysis
        1. By Revenues in USD Million
      2. Market Share and Analysis
        1. By Type
        2. By Application
    4. The UK Botanical Ingredients Market Outlook, 2017- 2027F
      1. Market Size and Analysis
        1. By Revenues in USD Million
      2. Market Share and Analysis
        1. By Type
        2. By Application
    5. France Botanical Ingredients Market Outlook, 2017- 2027F
      1. Market Size and Analysis
        1. By Revenues in USD Million
      2. Market Share and Analysis
        1. By Type
        2. By Application
    6. Italy Botanical Ingredients Market Outlook, 2017- 2027F
      1. Market Size and Analysis
        1. By Revenues in USD Million
      2. Market Share and Analysis
        1. By Type
        2. By Application
    7. Spain Botanical Ingredients Market Outlook, 2017- 2027F
      1. Market Size and Analysis
        1. By Revenues in USD Million
      2. Market Share and Analysis
        1. By Type
        2. By Application
    8. Russia Botanical Ingredients Market Outlook, 2017- 2027F
      1. Market Size and Analysis
        1. By Revenues in USD Million
      2. Market Share and Analysis
        1. By Type
        2. By Application
  14. Middle East & Africa Botanical Ingredients Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues (USD Billion)
    2. Market Share & Analysis
      1. By Source
      2. By Type
      3. By Extraction
      4. By Product
      5. By Application
      6. By Distribution Channel
      7. By Country
        1. UAE
        2. South Africa
        3. Rest of Middle East & Africa
    3. UAE Botanical Ingredients Market Outlook, 2017- 2027F
      1. Market Size and Analysis
        1. By Revenues in USD Million
      2. Market Share and Analysis
        1. By Type
        2. By Application
    4. South Africa Botanical Ingredients Market Outlook, 2017- 2027F
      1. Market Size and Analysis
        1. By Revenues in USD Million
      2. Market Share and Analysis
        1. By Type
        2. By Application
  15. Asia-Pacific Botanical Ingredients Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues (USD Billion)
    2. Market Share & Analysis
      1. By Source
      2. By Type
      3. By Extraction
      4. By Product
      5. By Application
      6. By Distribution Channel
      7. By Country
        1. India
        2. China
        3. Japan
        4. Australia
        5. Rest of Asia-Pacific
    3. India Botanical Ingredients Market Outlook, 2017- 2027F
      1. Market Size and Analysis
        1. By Revenues in USD Million
      2. Market Share and Analysis
        1. By Type
        2. By Application
    4. China Botanical Ingredients Market Outlook, 2017- 2027F
      1. Market Size and Analysis
        1. By Revenues in USD Million
      2. Market Share and Analysis
        1. By Type
        2. By Application
    5. Japan Botanical Ingredients Market Outlook, 2017- 2027F
      1. Market Size and Analysis
        1. By Revenues in USD Million
      2. Market Share and Analysis
        1. By Type
        2. By Application
    6. Australia Botanical Ingredients Market Outlook, 2017- 2027F
      1. Market Size and Analysis
        1. By Revenues in USD Million
      2. Market Share and Analysis
        1. By Type
        2. By Application
  16. Global Botanical Ingredients Market Key Strategic Imperatives for Growth & Success
  17. Competition Outlook
    1. Competition Matrix
      1. Brand Specialization
      2. Target Markets
      3. Target End-Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles
      1. Archer Daniels Midland Company
      2. AmbePhytoextractsPvt. Ltd.
      3. Bell Flavors & Fragrances
      4. Botanical Ingredients Ltd.
      5. Blue Sky Botanics
      6. Berje, Inc.
      7. Döhler GmbH
      8. Fytosan (Die, France)
      9. Givaudan
      10. Green Labs LLC
      11. Haldin Natural
      12. Indesso
      13. International Flavors& Fragrances, Inc.
      14. Kalsec Inc.
      15. Koninklijke Euroma BV
      16. Lipoid Kosmetic AG
      17. Martin Bauer Group
      18. Nexira
      19. Nutrasorb, LLC
      20. Prakruti Products Pvt. Ltd.
      21. Rutland Biodynamics Ltd.
      22. Synthite Industries
      23. Synergy Flavors
      24. The Herbarie at Stoney Hill Farm, Inc.
      25. Umalaxmi Organics Pvt. Ltd
      26. Others
  18. Disclaimer
Botanical Ingredients Market Segmentation
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