Herbal Extracts in Nutraceuticals Market
Herbal Extracts in Nutraceuticals Market Scope:
Industry Analysis, Market Size, Growth, Trends Till
2031
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Herbal Extracts in Nutraceuticals Market Size and Growth
The Herbal Extracts in Nutraceuticals market is experiencing robust growth, driven by rising health awareness and demand for natural products. Valued at approximately $1.4 billion in 2023, the market is projected to expand significantly due to increased consumer preference for herbal remedies and dietary supplements, with a forecasted compound annual growth rate of over 9% through 2030.
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Companies Covered
(Covid 19 Impact Covered)
◍ Akay
◍ Synthite Industries Lds
◍ Ambe Phyto Extracts
◍ Bioprex Labs
◍ Star Hi Herbs
◍ Plant Lipids
◍ Ozone Naturals
◍ BOS Naturals
◍ Naturite Agro Products
◍ All-Season Herbs
◍ Vidya Herbs
◍ K Patel Phyto Extractions
◍ Omniactive Health Technologies
◍ Bhoomi Naturals
◍ GFP Herbal
◍ Olive Lifesciences
◍ Bioingredia
◍ Sami-Sabinsa Group
The herbal extracts in the nutraceuticals market feature companies like Akay, Synthite, and Sami-Sabinsa. They utilize herbal extracts for dietary supplements and functional foods, enhancing health benefits. These firms contribute to market growth through innovative products and formulations. Sales revenues for select firms range from millions to hundreds of millions.
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Market Segmentation
By Application
Food Processing Industry
Pharmaceutical Industry
Others
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By Product
Organic
Conventional
Market Growth
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$ X Billion USD
