Functional Extracts Market
Functional Extracts Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Functional
Extracts Market Size and Growth
The Functional Extracts market is experiencing robust growth, driven by rising demand in food, beverages, and nutraceuticals. As of 2023, the market size is estimated to exceed $1 billion, reflecting an annual growth rate of around 8%. Key trends include a focus on natural ingredients and health benefits.
Companies Covered
(Covid 19 Impact Covered)
◍ Archer Daniels Midland Company
◍ Green Source Organics
◍ The Green Labs LLC
◍ Bell Flavors and Fragrances
◍ Applied Food Sciences Inc.
◍ FutureCeuticals Inc.
◍ Morre-Tec Industries Inc.
◍ Kerry Inc.
◍ Pure World Inc.
◍ Naturex Inc.
◍ VF Bioscience SAS
◍ NOF America Corporation
◍ Teawolf LLC
◍ Kalsec Inc.
◍ Tianjiang Pharmaceutical Co.
◍ Ltd.
The Functional Extracts Market features key players like Archer Daniels Midland, Kerry, and Naturex, leveraging innovative extraction technologies and diverse applications in food, beverages, and health supplements. These companies enhance market growth through product development, strategic partnerships, and sustainability initiatives, boosting demand and revenue. Sales figures: Archer Daniels Midland ~$85 billion, Kerry ~$9.4 billion.
Market Segmentation
By Application
By Product
Seeds ◍ Food and Beverages ◍ Dietary Supplements ◍ Nutrition ◍ Personal Care
Cosmetics ◍ Pharaceuticals
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Fruits
Flowers
Market Growth
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$ X Billion USD
