Market Forecast by Source Type (leaves, fruits, flowers & bulbs, rhizomes & roots, barks & stems, and others), By Application (pharmaceuticals & dietary, food & beverages, cosmetics, and others), by Product Type (spices, essential oils, flavors & fragrances and phytomedicines & herbal extracts), By countries (India, China, Japan, South Korea, and Rest of Asia Pacific) and Competitive Landscape
Product Code: ETC054636 | Publication Date: Mar 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
The Asia Pacific (APAC) Plant Extracts Market has been growing at a faster rate and it will keep growing owing to the growing demand for plant extracts. The market keeps growing since many factors and many latest developments are supporting its growth. Another major factor for the market growth is that it is amongst the leading parts of the Global Plant Extracts Market.
These developments are aiding the Asia Pacific Plant Extracts Industry to attain more growth with each passing day.Β
Asia Pacific Plant extracts Market and spice extracts market is expected to witness significant growth over the forecast period. The market for flavor and spice extracts in this district is flourishing because of solid nearby interest. These concentrates are applicable as food additives and shelf-life extension ingredients, attributable to the heat and humidity in the majority of the nations in the district. Numerous organizations, such as Dohler, are working on natural spices and their extracts as they are getting famous in each portion of the food and drink industry and offer a lot of degrees for new and alluring taste manifestations.
According to 6Wresearch, the Asia Pacific (APAC) Plant extracts Market is anticipated to witness growth during the forecast period 2020-2026. The significant driving component of the worldwide spices and flavours market is the developing working-class population, expanding mindfulness among end-users concerning well-being, and expanded utilization of flavors as characteristic additives. Additionally, the fast-spreading popularity of solid and food-rich nourishments from the healthy young population around the world has expanded the shopper base of this portion of natural food items. Moreover, with western foods getting progressively available and standard, shoppers are craving new and energizing flavors. Explanations behind this expansion in western cooking incorporate the developing multicultural population and the way that individuals are making a trip increasingly more intriguing objections. Thus, the interest in flavors, and spices, utilized in exotic cooking is developing. This developing interest in western food in Asia-Pacific prompted critical development in the Asian district's imports of flavors, spices, and flavors from creating nations, which, thus, is boosting the development of western cooking styles in the region.
The Asia-Pacific flavor and spice extracts market is sectioned by result type, application, and topography. Based on item type, the market is fragmented into cinnamon, cumin, stew, coriander, cardamom, oregano, pepper, ginger, and other item types. Based on application, the market is portioned into food applications, refreshment applications, and drug applications. The significant organizations in flavors and spices position their product offering through different retail channels, accommodation stores, and online business diverts in the worldwide market as a procedure to legitimately infiltrate the purchaser market. A portion of the significant parts in the Asia-Pacific flavor and spice extracts market are McCormick and Company Inc., Organic Herb Inc., Nantong Sihai Plant Extracts Co. Ltd, Kalsec Inc., Dohler GmbH, and Langdon Ingredients.
The Asia Pacific Plant extracts Market report thoroughly covers the market by Product Type, Source Type, Applications and countries including South Korea, Japan, China, India and the rest of Asia Pacific. The Plant extracts Market outlook report provides an unbiased and detailed analysis of the ongoing Asia Pacific Plant extracts Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
the pandemic had a mixed impact on the Plant Extracts Market in Asia Pacific. While the demand for plant-based items, including plant extracts, increased owing to their perceived health advantages, the pandemic also disrupted supply chains as well as manufacturing operations. Rising demand for products helps boost immunity and led to growth in the market during the pandemic since people were becoming health conscious which enabled them to choose better options that are natural and plant-based. There was a surge in demand for plant-based products, which impacted positively the market.
The pandemic caused disruptions to supply chains as well as logistics, which made it hard for manufacturers to source raw materials as well as transport finished items and this led to a shortage and increase in prices for some plant extracts in the region.
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Asia Pacific Plant Extracts Market Overview |
3.1. Asia Pacific Plant Extracts Market Revenues, 2019 & 2026F |
3.2. Asia Pacific Plant Extracts Market - Industry Life Cycle |
3.3. Asia Pacific Plant Extracts Market - Porter's Five Forces |
3.4. Asia Pacific Plant Extracts Market Revenue Share, By Type, 2019 & 2026F |
3.5. Asia Pacific Plant Extracts Market Revenue Share, By Distribution Channel, 2019 & 2026F |
3.6. Asia Pacific Plant Extracts Market Revenue Share, By User, 2019 & 2026F |
3.7. Asia Pacific Plant Extracts Market Revenue Share, By Countries, 2019 & 2026F |
4. Asia Pacific Plant Extracts Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Asia Pacific Plant Extracts Market Trends |
6. Asia Pacific Plant Extracts Market, By Type |
6. Asia Pacific Plant Extracts Market, By Source Type |
6.1. Asia Pacific Plant Extracts Market, By Source Type |
6.1.1. Overview and Analysis |
6.1.2. Asia Pacific Plant Extracts Market Revenues, By Leaves, 2016 - 2026F |
6.1.3. Asia Pacific Plant Extracts Market Revenues, By Fruits, Flowers and Bulbs, 2016 - 2026F |
6.1.4. Asia Pacific Plant Extracts Market Revenues, By Rhizomes and Roots, 2016 - 2026F |
6.1.5. Asia Pacific Plant Extracts Market Revenues, By Bark and Stems, 2016 - 2026F |
6.1.6. Asia Pacific Plant Extracts Market Revenues, By Others, 2016 - 2026F |
7. Asia Pacific Plant Extracts Market, By Application |
7.1. Asia Pacific Plant Extracts Market, By Application |
7.1.1. Overview and Analysis |
7.1.2. Asia Pacific Plant Extracts Market Revenues, By Pharmaceuticals and Dietary, 2016 - 2026F |
7.1.3. Asia Pacific Plant Extracts Market Revenues, By Food and Beverages, 2016 - 2026F |
7.1.4. Asia Pacific Plant Extracts Market Revenues, By Cosmetics, 2016 - 2026F |
7.1.5. Asia Pacific Plant Extracts Market Revenues, By Others, 2016 - 2026F |
8. Asia Pacific Plant Extracts Market, By Product Type |
8.1. Asia Pacific Plant Extracts Market, By Product Type |
8.1.1. Overview and Analysis |
8.1.2. Asia Pacific Plant Extracts Market Revenues, By Spices, 2016 - 2026F |
8.1.3. Asia Pacific Plant Extracts Market Revenues, By Essential Oils, 2016 - 2026F |
8.1.4. Asia Pacific Plant Extracts Market Revenues, By Flavor and Fragrances, 2016 - 2026F |
8.1.5. Asia Pacific Plant Extracts Market Revenues, By Phytomedicines and Herbal Extracts, 2016 - 2026F |
9. India Plant Extracts Market |
9.1. India Plant Extracts Market, By Type |
9.2. India Plant Extracts Market, By Distribution Channel |
9.3. India Plant Extracts Market, By User |
9.4. India Plant Extracts Market, By Countries |
10. China Plant Extracts Market |
10.1. China Plant Extracts Market, By Type |
10.2. China Plant Extracts Market, By Distribution Channel |
10.3. China Plant Extracts Market, By User |
10.4. China Plant Extracts Market, By Countries |
11. Japan Plant Extracts Market |
11.1. Japan Plant Extracts Market, By Type |
11.2. Japan Plant Extracts Market, By Distribution Channel |
11.3. Japan Plant Extracts Market, By User |
11.4. Japan Plant Extracts Market, By Countries |
12. South Korea Plant Extracts Market |
12.1. South Korea Plant Extracts Market, By Type |
12.2. South Korea Plant Extracts Market, By Distribution Channel |
12.3. South Korea Plant Extracts Market, By User |
12.4. South Korea Plant Extracts Market, By Countries |
13. Rest of Asia Pacific Plant Extracts Market |
13.1. Rest of Asia Pacific Plant Extracts Market Overview |
14. Asia Pacific Plant Extracts Market Import-Export Trade Statistics |
14.1. Asia Pacific Plant Extracts Market Export to Major Countries |
14.2. Asia Pacific Plant Extracts Market Imports from Major Countries |
15. Asia Pacific Plant Extracts Market Key Performance Indicators |
16. Asia Pacific Plant Extracts Market - Opportunity Assessment |
16.1. Asia Pacific Plant Extracts Market Opportunity Assessment, By Type, 2019 & 2026F |
16.2. Asia Pacific Plant Extracts Market Opportunity Assessment, By Distribution Channel, 2019 & 2026F |
17. Asia Pacific Plant Extracts Market - Competitive Landscape |
17.1. Asia Pacific Plant Extracts Market Revenue Share, By Companies, 2019 |
17.2. Asia Pacific Plant Extracts Market Competitive Benchmarking, By Operating and Technical Parameters |
18. Company Profiles |
19. Recommendations |
20. Disclaimer |