Plant Extract Market Outlook: Investors Still Miss The Big Assessment 2016 – 202Posted by pooja paralkar on January 17th, 2020 The global plant extract market is expected to grow at a substantial rate during the forecast period. The rising awareness about the benefits of the plant based food and food products are expected to provide impetus to growth in the global plant extract market. Transparency Market Research (TMR) report sheds some light on share, size, trend, and growth of the global plant extract market in the upcoming years. Is something restraining your company’s growth in the Plant Extract Market? Ask for the report brochure here The recent developments in natural food and global plant extracts market include: In March 2019, Arjuna Edayar Team was awarded with Factory Grading Gold Certificates in Safety Award Dispersal Function in Ernakulam, Kerala, India. In 2019, Arjuna Natural Ltd receives new patent from Europe for enhancing bioavailability of curcumin formulation. The global plant extracts market is competitive and fragmented. The leading companies in the global plant extract market are Native Extracts Pty. Ltd. (Australia), Tokiwa Phytochemical Co., Ltd. Synthite Industries Private Ltd. (India), Döhler (Germany), Arjuna Natural Extracts Ltd. (India), Martin Bauer GmbH & Co. KG (Germany), and Givaudan (Switzerland). Several pharmaceutical companies are using plant extracts for drug development. Additionally, rising adoption alternate therapies such as homeopathy and Ayurveda are expected to boost the growth in the global plant extracts market over the forecast period. Rising demand for dietary food supplements is projected to drive the global plant extract market. Further, rising demand for organic food and the wave of trending plant based food among health conscious population are likely to surge the plant extract market in the upcoming years. Plant Extracts are not limited to food alone, the cosmetic and personal care industry also demands plant extracts because people want natural products in their make-up and beauty products also. This is expected to aid in the growth of the global plant extract market in the upcoming years. Stuck in a neck-to-neck competition with other brands? Request a custom report on competition on Plant Extract Market here A large number of population across the globe are turning vegan, thus increasing adoption of vegan lifestyle is expected to boost the global plant extract market. The plant extracts are available in various forms such as powder form, liquid form. Some end users demand powder form and others like homeopaths demand liquid form of plant extracts. Further, the plant extracts are also used in home décor products such as candles and other fresheners, aiding in the expansion of the global plant extracts market. Like it? Share it!More by this author |