Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 15.41 Billion | USD 35.94 Billion | 8.84% | 2024 |
FrequentlyAsked Questions
Natural extracts are ingredients extracted from natural sources such as plants, vegetables, meat, seafood, grains, and fruits. Furthermore, these extracts offer key benefits such as better health for consumers and improving the beauty of the people. In addition, these products are utilized in various flavors and edible oil colorants.
The global natural extracts market is expected to grow due to Rising consumer preference for clean-label, plant-based ingredients drives growth. Applications in food, cosmetics, and nutraceuticals further boost demand.
According to a study, the global natural extracts market size was worth around USD 15.41 Billion in 2024 and is expected to reach USD 35.94 Billion by 2034.
The global natural extracts market is expected to grow at a CAGR of 8.84% during the forecast period.
Asia-Pacific is expected to dominate the natural extracts market over the forecast period.
Leading players in the global natural extracts market include Flavex Naturextrakte GmbH, Robertet Group, Arjuna Natural Pvt. Ltd., Firmenich SA, India Essential Oils, Sami Spices, Kancor, Synthite Industries Ltd., Symrise AG, Ransom Naturals Ltd., and A.G. Industries., among others.
The report explores crucial aspects of the natural extracts market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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