Global Food Botanicals Market Is Anticipated To Reach Around USD 1,489.3 Billion by 2025

04-Feb-2019 | Zion Market Research

Zion Market Research has published a new report titled “Food Botanicals Market by Source (Plants, Algae, and Lichens or Fungi), by Form (Oleoresins, Dried Plants and Leaves, Essential Oils, and Others), by Application (Beverages, Supplements, Confectionery, Flavor Enhancers, and Others), and by End-User (Commercial and Residential): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018—2025”. According to the report, the global food botanicals market was approximately USD 1,186.1 billion in 2018 and is expected to generate around USD 1,489.3 billion by 2025, at a CAGR of around 3.2% between 2019 and 2025.

Botanicals are dried or fresh plants, plant parts, or plants, which are isolated or combined chemical components, extracted in ethanol, water, other organic solvents, essential oils, oleoresins, and other extracts to be used for fragrance, flavoring, functional health benefits, medicine, etc.

Request Free Sample Request Customization Buy Now

Browse the full “Food Botanicals Market by Source (Plants, Algae, and Lichens or Fungi), by Form (Oleoresins, Dried Plants and Leaves, Essential Oils, and Others), by Application (Beverages, Supplements, Confectionery, Flavor Enhancers, and Others), and by End-User (Commercial and Residential): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018—2025” Report at https://www.zionmarketresearch.com/report/food-botanicals-market

Global Food Botanicals Market

The increasing prevalence of chronic diseases is the foremost factor expected to drive the food botanicals market globally in the future. Furthermore, technological developments witnessed in the food and beverage industry will increase the use of several botanical ingredients along with the discovery of new ingredients in the future. However, food botanicals can be toxic to the human body, which might restrain this market’s growth in the upcoming years.

The global food botanicals market is segmented based on source, form, application, and end-user. By source, the food botanicals market includes plants, algae, and lichens or fungi. Plants held a major market share in 2018, as they are a highly preferred source of food and medicine. Furthermore, aromatic plants are used in dietary supplements and food additives on a large scale, which is expected to further drive this segment’s growth in the upcoming years. Based on form, the market is segmented into oleoresins, dried plants and leaves, essential oils, and others. Dried plants and leaves are expected to dominate the market over the forecast timeframe, as they are used in numerous food products to improve taste and as dietary supplements. Based on application, the market is fragmented into beverages, supplements, confectionery, flavor enhancers, and others. Supplements held the largest market share in 2018, owing to the increasing use of botanicals in food and dietary supplements to improve and maintain health. The end-user segment of this market includes commercial and residential. The commercial segment held a major revenue share in 2018, due to the rising demand for botanicals by pharmaceutical and food processing companies.

By region, the Asia Pacific region is expected to dominate the global food botanicals market over the forecast time period. This can be attributed to the increasing demand for natural food and dietary supplements and the traditional practices in various Asian countries to use botanicals items, such as turmeric, basil, ginger, etc. North America and Europe are likely to hold substantial revenue shares of this global market in the years ahead, owing to the increasing research and development activities and easy availability of botanicals as dietary supplements in the U.S. and Germany.

Some key players of the global food botanicals market include Tyson Foods, Omega Protein Corporation, Himalaya Drug Company, Bayer AG, Bio-Botanica Inc., Marfrig Group, Arcadian Organic and Natural Meat, Kerry Group, Frutarom Industries, Verde Farms, Associated British Foods, Lipoid Kosmetik, Naturalife Asia, BRF, Pilgrim’s Pride Corporation, and Ricola AG, among others.

This report segments the global food botanicals market into:

Global Food Botanicals Market: Source Analysis

  • Plants
  • Algae
  • Lichens or Fungi

Global Food Botanicals Market: Form Analysis

  • Oleoresins
  • Dried Plants and Leaves
  • Essential Oils
  • Others

Global Food Botanicals Market: Application Analysis

  • Beverages
  • Supplements
  • Confectionery
  • Flavor Enhancers
  • Others

Global Food Botanicals Market: End-User Analysis

  • Commercial
  • Residential

Global Food Botanicals Market: Regional Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com

Request Free Brochure
Latest Published Reports

View All Published Reports