市场调查报告书
商品编码
1389884
全球草药萃取物市场:按原料、形式、应用和地区划分的评估、机会和预测(2016-2030)Herbal Extract Market Assessment, By Source, By Form, By Application, By Region, Opportunities, and Forecast, 2016-2030F |
2022年,全球草药萃取物市场规模为305.1亿美元,到2030年将达到663.6亿美元,2023-2030年预测期间复合年增长率为10.2%,预计将会成长。 食品和饮料产业的成长归因于对强化食品的需求增加、快餐采用率上升以及高度自动化製造设施的发展等变数。 此外,新药发现的研发活动的增加以及对新生产设施的投资的增加正在推动药品生产。 展望未来,食品饮料和製药业的稳定扩张将刺激对罗勒、薄荷和芦荟等具有优异抗菌性能的草本萃取物的需求,从而推动市场成长。 此外,最近启动的草药萃取物生产设施将增加全球市场的产品供应,从而在预计的预测期内为草药萃取物产业创造有利的成长机会。 例如,2023年7月,印度原料供应商Manipal集团宣布计画在印度卡纳塔克邦Dabaspet工业区开设新的草药萃取物製造工厂。 该工厂面积10万平方英尺,加工量为每天30吨。 另一方面,原料价格的波动限制了草药萃取物市场的成长。
本报告分析了全球草药萃取物市场,提供了产品概述、市场基本结构、整体市场规模的前景、按细分市场和地区划分的详细趋势、市场背景和主要因素。我们正在调查影响因素、主要企业概况及市场占有率等
为涵盖的所有地区/国家提供每个细分市场的资讯。
上面列出的公司并非按市场份额排序,并且可能会根据研究工作中获得的资讯进行更改。
Global herbal extract market size was valued at USD 30.51 billion in 2022, which is expected to grow to USD 66.36 billion in 2030 with a CAGR of 10.2% during the forecast period between 2023 and 2030. The growth of the food and beverage industry is attributed to variables, including increasing demand for nutrient-enriched food, rising adoption of fast food, and the development of advanced automated manufacturing facilities. Also, increasing research and development activities for new drug discovery and rising investments in new manufacturing facilities are propelling the production of pharmaceuticals. Henceforth, the robustly expanding food and beverage and pharmaceutical industry is fuelling the demand for herbal extracts such as basil, mint, and aloe vera due to their superior antimicrobial properties, which is driving the market growth. In addition, the recently launched herbal extract manufacturing facilities will boost the supply of products in the global market, thereby creating a lucrative growth opportunity for the herbal extract industry during the projected forecast period. For illustration, in July 2023, Manipal Group, an ingredient supplier in India announced its plans to open a new herbal extracts manufacturing plant in Dabaspet Industrial Area, Karnataka, India. The factory will be spread across an area of 100,000 square-foot area and will have a processing capacity of 30 metric tons per day. However, the fluctuating raw materials prices are restraining the herbal extract market growth.
Herbal extracts are ideal for the food & beverage industry to boost the immune system and increase the vitamin content. Herbal extracts are utilized in food & beverage products such as bakeries, dairy, and beverages to increase the antioxidant properties of the products. The growth of the food & beverage industry is accredited to prominent elements such as the recent trend for the rising intake of nutritional food content and the increasing sales of specialty food products through online sales channels.
According to the recent data published by the Specialty Food Association, Inc., in 2022, the specialty food products industry in the United States was valued at USD 194 billion, an annual growth rate of 9.3%. In addition, according to the recent statistics published by Food Drink Europe, a European Union food and beverage association, the European Union food & beverage sector turnover registered an annual growth rate of 2.6%, reaching USD 1,180.5 billion in 2022. Likewise, according to Invest India, the Indian food processing industry will reach USD 535 billion, registering a CAGR of 15.2% in 2025. Therefore, the booming food & beverage industry is spurring the demand for herbal extract to increase the flavor of the food products, thereby driving the market growth.
The various players in the herbal extract market are leveraging their investments to develop new production plants to expand their market share globally. The increase in the production of herbal extracts will foster product availability in various regions, thereby creating a favorable potential for market growth in the upcoming years.
For illustration, in May 2023, Vidya Herbs Pvt. Ltd., a global manufacturer of herbal products, launched a new herbal manufacturing plant in the United States. The herbal extract will be manufactured for end-use industries such as cosmetics & personal care and pharmaceuticals. As a result, the recently opened herbal extract manufacturing facilities will propel product availability for various end users, accelerating market growth in the coming years.
The Asia Pacific regional economy has significant market traction from industries, including food & beverage, cosmetics & personal care, and pharmaceuticals. The above industries are the major end users of herbal extract, leading to increased demand for thyme, rosemary, and lavender-based extracts in the Asia-Pacific. The recently developed food & beverage manufacturing facility, rapid demand for packaged food, and the recent launch of processed food products with herbal extract ingredients are the prime factors boosting the revenue expansion of the food & beverage industry in the Asia-Pacific.
For instance, according to the recent statistics published by the China National Development and Reform Commission, in 2021, the China agricultural & sideline food processing and food manufacturing sector registered a year-on-year growth rate of 7.7% and 8%, respectively. In addition, according to Invest India, a government of India website, the food processing sector in India is projected to reach USD 535 billion and register a compound annual growth rate of 15.2%. The tier-II and tier-III cities will showcase the same trend visible in metropolitan areas as the consumption of processed food will increase in the upcoming years. Henceforth, the bolstering food & beverage industry in the Asia-Pacific is driving the demand for herbal extract, amplifying the region's market growth.
The entry of international players in emerging economies and the rising demand for dairy products will accelerate the food & beverage industry, which, in turn, will augment the herbal extract market growth in the coming years. According to the recent data published by Invest India, the food processing sector in India will reach USD 535 billion, with a CAGR of 15.2% in 2025.
The recent partnerships between the herbal extract manufacturers and chemical distributors to cater to the demand from various end-use industries will create a lucrative potential for the herbal extract market growth in the long run. For instance, in June 2023, Plantapharm, an Austria-based manufacturer of herbal extract, formed a partnership with Nordmann, Rassmann GmbH., a leading Europe-based chemical supplier for the distribution of Nordmann herbal extract products in countries such as Romania, Bulgaria, and Serbia.
The growth of the online sales channel in the upcoming years will boost the presence of herbal extract products in the market, thereby creating a favorable potential for market growth during the forecast period. For instance, according to Shopify, a global e-commerce site, approximately 21.2% of retail sales will be online through company-owned websites and third-party e-commerce sites by 2024.
The herbal extract industry is a highly competitive market due to the presence of several large conglomerates along with various small & medium-sized companies. The market players have strong product development capabilities and a wide range of presence in the global market through their diverse product portfolios and sales channels. The herbal extract companies focus on increasing their product offerings through partnerships, mergers, and acquisitions.
In May 2022, Leaven Essentials, an India-based manufacturer of herbal extract, launched Botanical Extracts. The primary focus of the launch was to increase the presence of Leaven Essentials products in the global market.
All segments will be provided for all regions and countries covered:
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.