MarketSegmentation
By Product Type:
Powdered Extracts
Capsules and Tablets
Tinctures
By Application: Pharmaceuticals
Cosmetics and Personal Care
Food and Beverage
Market Value
Market Size in 2023: USD 92 million
Projected Market Size by 2032: USD
140.29 million
Compound Annual Growth Rate (CAGR): 4.80% (2023–2032)
Market Opportunities
Rising Consumer Preference f demand for natural and plant supplements, skincare, and f
Growing Demand for Functio foods offering health benefits
Increasing Adoption in Pharm developing anti-inflammatory
Sample Report
Major Companies Leading the Industry:
Key Players/Stakeholders Sample Report
Regional Analysis
Asia-Pacific: Dominant market share due to traditional use and availability of raw materials.
North America: Growing demand for natural health products.
Europe: Increasing adoption in pharmaceuticals and cosmetics.
Rest of the World: Emerging markets with potential growth opportunities.
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