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Plant extract market grows at a CAGR of 9.1% during the forecast period of 2019-2024.

The global plant extract market is estimated to grow at a CAGR of 9.1% during the forecast period of 2018-2023. Phytochemicals are estimated to grow at the fastest rate of 10.7% during the forecast period. The growing awareness among the consumers regarding the health benefits and efficacy of naturally derived products is raising the market demand.

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Plant extract market grows at a CAGR of 9.1% during the forecast period of 2019-2024.

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  1. Plant Extract Market grows at a CAGR of 9.1% during the forecast 2019-2024. Contact : sales@industryarc.com

  2. The Americas has a major share in the Plant Extracts Market during the forecast period. It is expected to reach $41, 553.1 million at a CAGR of 9.7% by 2023. The market in this region has been experiencing a steady growth recently due to increasing demand for cosmetics and nutritional products composed of ingredients which are derived from plants. Contact: sales@industryarc.com

  3. Selected Analysis Done in the Full Report: Nutraceuticals segment reached a market revenue of $14,321.8 million in 2014. It is expected to reach $38, 942 million by 2023 at a CAGR of 10.5%. it is the largest end user industry due to the growing demand for food and medicinal products that provide health benefits along with the basic nutrition value found in the foods. The functional food and beverages segment holds the second largest share in the Plant Extracts market. It is expected to reach $2,174 million at a CAGR of 13.1% by 2023. Contact : sales@industryarc.com

  4. Excerpts on Market Growth Factors: • Increasing awareness of consumers about the benefits of naturally derived products will drive the demand for Plant Extracts Market. • Growing health concerns due to unhealthy lifestyles which results in the increasing number of health disorders, enhance the growth of plant extracts. • Consumers are investing a lot in natural products which are beneficial to them such as natural cosmetics, dietary supplements, and functional foods. Contact : sales@industryarc.com

  5. Key Players of the Plant Extracts Market SymriseAG NaturexSA IndenaSpA Martin Bauer GmbH &Co. KG LinneaSA And 15+ more Download Sample Report Contact : sales@industryarc.com

  6. You Can Customize the Report as Per Your Need. We have included Some Customization Options Company Profile Analyst Briefing Data Tables Key Contacts Contact : sales@industryarc.com

  7. About IndustryARC IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. Contact : sales@industryarc.com

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