Plant Extracts Market size was valued at US$ 30.63 Bn. in 2021 and the total Plant Extracts revenue is expected to grow at 13.2% from 2022 to 2029, reaching nearly US$ 82.59 Bn.
Market Overview
The recently published Plant Extracts market report by MMR Maximise Market Research provides in-depth analysis of the Plant Extracts market and indicates the lucrative growth for the Plant Extracts market suppliers in the forecasted period by 2029. MMR has served around 600 clients across the globe since 2017. The impact of the market is normal after the Covid lockdown has been analysed in the report and the market is showing the upward trend even in the midst of an economic slowdown.
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Market Scope
The Plant Extracts market report provides key points that indicates the lucrative growth in the Plant Extracts market. Due to significant efforts of the industry participants, the market is forecasted to grow by 2029. The report provides the cost structures and development goals and objectives of the key players. The reports comprises of the data of market size, current and future trends, market share, opportunities, threats and risks and the new entrants of the market. The MMR’s report on the Plant Extracts market can help new entrants of the market for understanding the new trends and opportunities as well as challenges of the industry. While researching the Plant Extracts market various methodologies were undertaken by the research analysts and industry experts to know the strengths, weakness, opportunities and threats. The report provides the users the comprehensive information of analytical data scientifically displayed in the form of graphs, table, and pie charts as well as product statistics.
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Segmentation:
The negative impacts of using chemical compounds in agriculture have prompted the creation of alternative options, with researchers focusing on understanding the usefulness and potential of plant extracts in agriculture. The current research and scientific dissemination situation focus on how modern science has tackled the use of plant extracts in agriculture, particularly in seed applications. There is a promise for the use of plant extracts in agriculture, as evidenced by a large number of publications over the previous ten years, particularly in 2018, 2019, and 2020, and Brazil stands out as the primary country in this study field. The primary subjects investigated for usage in agriculture have been the control of phytopathogenic microorganisms, insect control, biostimulant action, resistance induction, and herbicide effect. The direct application of plant extracts focuses on plants and seeds, with the latter primarily concentrating on phytopathogenic organism management and biostimulating impact.
Key Players:
• Sensient Technologies (US)
• International Flavors & Fragrances (US)
• Prinova Group LLC. (US)
• Synergy Flavors, Inc. (US)
• Kalsec, Inc. (US)
• Plant Extracts International (US)
• PT. Indesso Aroma (Indonesia)
• PT. Haldin Pacific Semesta (Indonesia)
• Döhler (Germany)
• Symrise AG (Germany)
• Martin Bauer (Germany)
• Blue Sky Botanics Ltd. (UK)
• Ransom Naturals Ltd. (UK)
• Organic Herb (UK)
• Synthite Industries (India)
• Vidya Herbs Private Limited (India)
• Arjuna Natural Extracts (India)
• Givaudan (Switzerland)
• Kangcare Bioindustry Co.,ltd. (China)
• Tokiwa Phytochemical (Japan)
• NATIVE EXTRACTS Pty Ltd (Australia)
• Network Nutrition (Australia)
• Indena (Italy)
• Naturex (France)
• Frutarom Industries Ltd. (Israel)
Regional Analysis
The research delves into the Plant Extracts market in depth, segmenting it into regions. The report evaluates market with different regions on a local as well as country by country basis this gives out the clear identification of the market trends, restrictions and new development opportunities. Understanding the local and regional consumer behaviour can help the new entrants to target the real Plant Extracts market audience.
Key Questions answered in the Plant Extracts Market Report are:
Key offerings:
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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Mar 10, 2023