Global Herbal Extract Market 2022-2026

Global Herbal Extract Market 2022-2026

Technavio has been monitoring the herbal extract market and it is poised to grow by $ 23.40 bn during 2022-2026, decelerating at a CAGR of 12.18% during the forecast period. Our report on the herbal extract market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing demand for food and beverages with herbal ingredients and the increasing growth of herbal medicine. In addition, the growing demand for food and beverages with herbal ingredients is anticipated to boost the growth of the market as well.

The herbal extract market analysis includes the application segment and geographic landscape.

Technavio's herbal extract market is segmented as below:

By Application

• Pharmaceuticals
• Personal care
• Others

By Geographical Landscape

• APAC
• North America
• Europe
• MEA
• South America

This study identifies the rising consumer awareness about the side effects of allopathic medicinesas one of the prime reasons driving the herbal extract market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on herbal extract market covers the following areas:

• Herbal extract market sizing
• Herbal extract market forecast
• Herbal extract market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading herbal extract market vendors that include Arjuna Natural Pvt Ltd., Dohler GmbH, Herbochem, Kalsec Inc., Mountain Rose Herbs, Organic Herb Inc., SA Herbal Bioactives LLP, Sabinsa Corp., Synthite Industries Pvt. Ltd., and Vidya Herbs Pvt. Ltd. Also, the herbal extract market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

Arjuna Natural Pvt Ltd., Dohler GmbH, Herbochem, Kalsec Inc., Mountain Rose Herbs, Organic Herb Inc., SA Herbal Bioactives LLP, Sabinsa Corp., Synthite Industries Pvt. Ltd., Vidya Herbs Pvt. Ltd.