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Europe Plant Extracts Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Form, Source, and Application

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    Report

  • 139 Pages
  • September 2022
  • Region: Europe
  • The Insight Partners
  • ID: 5668460
UP TO OFF until Mar 31st 2024
The plant extracts market in Europe is expected to grow from US$ 7,357.90 million in 2022 to US$ 11,050.83 million by 2028; it is estimated to grow at a CAGR of 7.0% from 2022 to 2028.

The demand for herbal products is increasing among consumers. Herbal and natural products are considered as healthier alternatives to synthetic products. Plant extracts are used in the manufacturing of herbal food and beverages, herbal medicines, and herbal cosmetic products. Moreover, the demand for herbal products is increasing due to the rising awareness about the therapeutic properties of herbs. Plant extracts are primarily added to cosmetic formulations due to their antioxidant, anti-inflammatory, antiseptic, and antimicrobial properties. The demand for herbal cosmetics and personal care products is increasing. Herbal cosmetics products are claimed to have efficacy and intrinsic acceptability as consumers routinely use these products in daily life over synthetic products to avoid the side effects. Manufacturers are also developing strategies to invest in the cosmetics industry. Thus, the increasing demands for herbal skin care products are driving the growth of the plant extracts market.

Europe Plant Extracts Market Segmentation

The Europe plant extracts market is segmented on the basis of form, source, application, and country.
  • Based on form, the market is segmented into liquid, powder, and paste. The liquid segment dominated the market in 2022.
  • Based on source, the market is segmented into fruits and vegetables, herbs and spices, flowers, and others. The herbs and spices segment dominated the market in 2022.
  • Based on application, the Europe plant extracts market is segmented into food and beverages, pharmaceuticals and nutraceuticals, personal care, and others. The food and beverages segment dominated the market in 2022.
  • Based on country, the Europe plant extracts market is segmented into Germany, France, Italy, the UK, Russia, and the rest of Europe. Further, the rest of Europe dominated the market in 2022.
A few of the key players dominating the Europe plant extracts market are Dohler; Givaudan S.A.; Ingredion Inc.; International Flavors & Fragrances, Inc.; Kemin Industries, Inc.; Kerry Group Plc; Sensient Technologies Corporation; Symrise; and Synergy Flavors.
Frequently Asked Questions about the European Plant Extracts Market

What is the estimated value of the European Plant Extracts Market?

The European Plant Extracts Market was estimated to be valued at $7357.9 Million in 2022.

What is the growth rate of the European Plant Extracts Market?

The growth rate of the European Plant Extracts Market is 7.0%, with an estimated value of $11050.83 Million by 2028.

What is the forecasted size of the European Plant Extracts Market?

The European Plant Extracts Market is estimated to be worth $11050.83 Million by 2028.

Who are the key companies in the European Plant Extracts Market?

Key companies in the European Plant Extracts Market include Dohler, Givaudan S.A., Ingredion Inc., International Flavors & Fragrances, Inc., Kemin Industries, Inc., Kerry Group Plc, Sensient Technologies Corporation, Symrise and Synergy Flavors.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
4. Europe Plant Extracts Market Landscape
4.1 Market Overview
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Expert Opinion
4.4 Ecosystem Analysis
5. Europe Plant Extracts Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Demand for Natural Ingredients in Food and Beverages
5.1.2 Rising Inclination toward Herbal Products
5.2 Market Restraints
5.2.1 Regulatory Issues
5.3 Market Opportunities
5.3.1 Strategic Development Initiatives by Manufacturers
5.4 Future Trends
5.4.1 Increasing Veganism Trend
5.5 Impact Analysis of Drivers and Restraints
6. Plant Extracts Market - Europe Analysis
6.1 Europe Plant Extracts Market Overview
6.2 Europe Plant Extracts Market -Revenue and Forecast to 2028 (US$ Million)
7. Europe Plant Extracts Market Analysis - By Form
7.1 Overview
7.2 Europe Plant Extracts Market, By Form (2021 and 2028)
7.3 Liquid
7.3.1 Overview
7.3.2 Liquid: Europe Plant Extracts Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Powder
7.4.1 Overview
7.4.2 Powder: Europe Plant Extracts Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Paste
7.5.1 Overview
7.5.2 Paste: Europe Plant Extracts Market - Revenue and Forecast to 2028 (US$ Million)
8. Europe Plant Extracts Market Analysis - By Source
8.1 Overview
8.2 Europe Plant Extracts Market, By Source (2021 and 2028)
8.3 Fruits and Vegetables
8.3.1 Overview
8.3.2 Fruits and Vegetables: Europe Plant Extracts Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Herbs and Spices
8.4.1 Overview
8.4.2 Herbs and Spices: Europe Plant Extracts Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Flowers
8.5.1 Overview
8.5.2 Flowers: Europe Plant Extracts Market - Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Europe Plant Extracts Market - Revenue and Forecast to 2028 (US$ Million)
9. Europe Plant Extracts Market Analysis - By Application
9.1 Overview
9.2 Europe Plant Extracts Market, By Application (2021 and 2028)
9.3 Food and Beverages
9.3.1 Overview
9.3.2 Food and Beverages: Europe Plant Extracts Market- Revenue and Forecast to 2028 (US$ Million)
9.4 Pharmaceuticals and Nutraceuticals
9.4.1 Overview
9.4.2 Pharmaceuticals and Nutraceuticals: Europe Plant Extracts Market- Revenue and Forecast to 2028 (US$ Million)
9.5 Personal Care
9.5.1 Overview
9.5.2 Personal Care: Europe Plant Extracts Market- Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Europe Plant Extracts Market- Revenue and Forecast to 2028 (US$ Million)
10. Europe Plant Extracts Market - Country Analysis
10.1 Overview
10.1.1 Europe: Plant Extracts Market, by Key Country
10.1.1.1 Germany: Plant Extracts Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Germany: Plant Extracts Market, by Form
10.1.1.1.2 Germany: Plant Extracts Market, by Source
10.1.1.1.3 Germany: Plant Extracts Market, by Application
10.1.1.2 France: Plant Extracts Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 France: Plant Extracts Market, by Form
10.1.1.2.2 France: Plant Extracts Market, by Source
10.1.1.2.3 France: Plant Extracts Market, by Application
10.1.1.3 UK: Plant Extracts Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 UK: Plant Extracts Market, by Form
10.1.1.3.2 UK: Plant Extracts Market, by Source
10.1.1.3.3 UK: Plant Extracts Market, by Application
10.1.1.4 Italy: Plant Extracts Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Italy: Plant Extracts Market, by Form
10.1.1.4.2 Italy: Plant Extracts Market, by Source
10.1.1.4.3 Italy: Plant Extracts Market, by Application
10.1.1.5 Russia: Plant Extracts Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 Russia: Plant Extracts Market, by Form
10.1.1.5.2 Russia: Plant Extracts Market, by Source
10.1.1.5.3 Russia: Plant Extracts Market, by Application
10.1.1.6 Rest of Europe: Plant Extracts Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of Europe: Plant Extracts Market, by Form
10.1.1.6.2 Rest of Europe: Plant Extracts Market, by Source
10.1.1.6.3 Rest of Europe: Plant Extracts Market, by Application
11. Industry Landscape
11.1 Overview
11.2 Product launch
11.3 Merger & Acquisition
11.4 Expansion
11.5 Partnership
11.6 Company News
12. Company Profiles
12.1 Sensient Technologies Corporation
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Givaudan S.A.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Symrise
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Dohler
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Synergy Flavors
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 International Flavors and Fragrances Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Kerry Group Plc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Ingredion Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Kemin Industries, Inc.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About the Publisher
13.2 Word Index

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Dohler
  • Givaudan S.A.
  • Ingredion Inc.
  • International Flavors & Fragrances, Inc.
  • Kemin Industries, Inc.
  • Kerry Group Plc
  • Sensient Technologies Corporation
  • Symrise
  • Synergy Flavors