The global plant extracts market size is estimated to be valued at USD 34.4 billion in 2022 and is projected to reach USD 61.5 billion by 2027, recording a CAGR of 12.3% in terms of value.
The increase in number of health conscious people and also the rising vegan trends are the major factors driving the plant extracts market. According to the United Nations (UN), as of 2021, the global vegan population accounted for approximately 79 millio
The global plant extracts market was estimated at USD 30.8 billion in 2021 and is projected to reach USD 55.3 billion by 2026, at a CAGR of 6.0% from 2021 to 2026.
The North American countries such as the US is one of the leading importers of plant extracts from Asian countries such as China and India due to the consumption of healthy foods by a majority of its population.
The increase in number of health conscious people and also the rising vegan trends are the major factors driving the plant extracts market. According to the United Nations (UN), as of 2021, the global vegan population accounted for approximately 79 millio
The global plant extracts market is estimated at USD 30.8 billion in 2021 and is projected to reach USD 55.3 billion by 2026, at a CAGR of 6.0% from 2021 to 2026.
The phytomedicines & herbal extracts segment is projected to holds the largest share in the plant extracts market during the forecast period.
The North American countries such as the US is one of the leading importers of plant extracts from Asian countries such as China and India due to the consumption of healthy foods by a majority of its population. It is projected to grow
The global plant extracts market is estimated at USD 30.8 billion in 2021 and is projected to reach USD 55.3 billion by 2026, at a CAGR of 6.0% from 2021 to 2026.
The rising awareness regarding the side-effects of synthetic flavors and health benefits offered by phytomedicines and herbal extracts have significantly fueled the market for plant extracts.
The rising awareness regarding the side-effects of synthetic flavors and health benefits offered by phytomedicines and herbal extracts have significantly fueled the market for plant extracts.
The rising awareness regarding the side-effects of synthetic flavors and health benefits offered by phytomedicines and herbal extracts have significantly fueled the market for plant extracts.
The rising awareness regarding the side-effects of synthetic flavors and health benefits offered by phytomedicines and herbal extracts have significantly fueled the market for plant extracts.
The rising awareness regarding the side-effects of synthetic flavors and health benefits offered by phytomedicines and herbal extracts have significantly fueled the market for plant extracts.
The rising awareness regarding the side-effects of synthetic flavors and health benefits offered by phytomedicines and herbal extracts have significantly fueled the market for plant extracts.
The rising awareness regarding the side-effects of synthetic flavors and health benefits offered by phytomedicines and herbal extracts have significantly fueled the market for plant extracts.
The rising awareness regarding the side-effects of synthetic flavors and health benefits offered by phytomedicines and herbal extracts have significantly fueled the market for plant extracts.