Plant Extracts Market to Create Profitable Opportunities for Both Existing and New PlayersPosted by Roger on February 22nd, 2023 Market Overview: Plant extracts are considered to be the most pressing sources of biomolecules, which can be screened from plant parts. They contain many chemical compositions, carotenoids, quinones, gums, phlegmatics, resin alcohols, starches, and hydrocarbon resins. Moreover, Plant Extracts Market are treated with solvents for various activities to act as skin medicines, skin protection, wetting, anti-infective, sterilizers, anti-inflammatory, and anti-irritants. Nowadays, plant extracts are increasingly becoming important additives in the food industry due to their content in bioactive compounds. Plant extracts are used in various industries as raw material for manufacturing their products. They are widely used in food & beverages industry, pharmaceutical companies, dietary supplements, pet food industry, and cosmetics. Competitive Landscape: Major players operating in the global plant extracts market are Döhler GmbH, Kalsec, Inc., V. Mane Fils SA, Naturex Inc., and Indena S.p.A., among others. Key Market Drivers: Increasing utilization of plant extracts in various end-use industries is expected to boost the growth of the plant extracts market during the forecast period. For instance, in January 2021, Pierre Fabre launched Green Native Expression, a new patented extraction technology, natural and eco-friendly. Green Native Expression extracts pure sap from plants to incorporate it into cosmetics or nutraceutical products (food supplements) in the form of active ingredients. Moreover, rise in vegan trends and increase in number of health conscious people is expected to augment growth of the plant extracts market. For instance, according to the United Nations (UN), as of 2021, the global vegan population accounted for around 79 million, and the number is expected to increase with the increasing awareness among people about the health benefits associated with the consumption of plant-based food products. More About Report Market Insights Click Hare - https://www.coherentmarketinsights.com/market-insight/plant-extracts-market-1450 Key Takeaways:
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