Product Code: ETC009943 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
South Korea Plant Extracts market currently, in 2023, has witnessed an HHI of 8729, Which has decreased slightly as compared to the HHI of 9034 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The South Korea plant extracts market is expected to reach USD 347.5 million by 2026, registering a CAGR of 6.2%, during the forecast period 2020-2026. The rising awareness among consumers regarding natural and safe ingredients in food products has been driving the demand for plant extracts in recent years. Moreover, increasing health consciousness worldwide and growing demand from various industries such as foods & beverages, pharmaceuticals, cosmetics & personal care are some of the other factors that are augmenting the growth of this industry in South Korea. Additionally, technological advancements have enabled better extraction methods with improved quality standards resulting in higher consumer acceptance which will further propel demand for these materials over the coming years.
However, high cost associated with natural ingredients can hamper market growth to an extent over the projected timeline. Also stringent government regulations on sustainable utilization of resources may limit production capabilities thereby negatively impacting overall industry expansion prospects during 2020-2026 timeframe.
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 South Korea Plant Extracts Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Plant Extracts Market Revenues & Volume, 2019 & 2026F |
3.3 South Korea Plant Extracts Market - Industry Life Cycle |
3.4 South Korea Plant Extracts Market - Porter's Five Forces |
3.5 South Korea Plant Extracts Market Revenues & Volume Share, By Product Type, 2019 & 2026F |
3.6 South Korea Plant Extracts Market Revenues & Volume Share, By Applications, 2019 & 2026F |
3.7 South Korea Plant Extracts Market Revenues & Volume Share, By Source Types, 2019 & 2026F |
4 South Korea Plant Extracts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Korea Plant Extracts Market Trends |
6 South Korea Plant Extracts Market, By Types |
6.1 South Korea Plant Extracts Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 South Korea Plant Extracts Market Revenues & Volume, By Product Type, 2016 - 2026F |
6.1.3 South Korea Plant Extracts Market Revenues & Volume, By Spices, 2016 - 2026F |
6.1.4 South Korea Plant Extracts Market Revenues & Volume, By Essential oils, 2016 - 2026F |
6.1.5 South Korea Plant Extracts Market Revenues & Volume, By Flavors & fragrances, 2016 - 2026F |
6.1.6 South Korea Plant Extracts Market Revenues & Volume, By Phytomedicines & herbal extracts, 2016 - 2026F |
6.2 South Korea Plant Extracts Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 South Korea Plant Extracts Market Revenues & Volume, By Pharmaceuticals & dietary supplements, 2016 - 2026F |
6.2.3 South Korea Plant Extracts Market Revenues & Volume, By Food & beverages, 2016 - 2026F |
6.2.4 South Korea Plant Extracts Market Revenues & Volume, By Cosmetics, 2016 - 2026F |
6.2.5 South Korea Plant Extracts Market Revenues & Volume, By Others , 2016 - 2026F |
6.3 South Korea Plant Extracts Market, By Source Types |
6.3.1 Overview and Analysis |
6.3.2 South Korea Plant Extracts Market Revenues & Volume, By Leaves, 2016 - 2026F |
6.3.3 South Korea Plant Extracts Market Revenues & Volume, By Fruits, Flowers, and Bulbs, 2016 - 2026F |
6.3.4 South Korea Plant Extracts Market Revenues & Volume, By Rhizomes & roots , 2016 - 2026F |
6.3.5 South Korea Plant Extracts Market Revenues & Volume, By Barks & stems, 2016 - 2026F |
6.3.6 South Korea Plant Extracts Market Revenues & Volume, By Others , 2016 - 2026F |
7 South Korea Plant Extracts Market Import-Export Trade Statistics |
7.1 South Korea Plant Extracts Market Export to Major Countries |
7.2 South Korea Plant Extracts Market Imports from Major Countries |
8 South Korea Plant Extracts Market Key Performance Indicators |
9 South Korea Plant Extracts Market - Opportunity Assessment |
9.1 South Korea Plant Extracts Market Opportunity Assessment, By Product Type, 2019 & 2026F |
9.2 South Korea Plant Extracts Market Opportunity Assessment, By Applications, 2019 & 2026F |
9.3 South Korea Plant Extracts Market Opportunity Assessment, By Source Types, 2019 & 2026F |
10 South Korea Plant Extracts Market - Competitive Landscape |
10.1 South Korea Plant Extracts Market Revenue Share, By Companies, 2019 |
10.2 South Korea Plant Extracts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |