Phytochemical
Phytochemical API Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Phytochemical API Market Size and Growth
The phytochemical API market is witnessing robust growth, driven by rising demand for natural ingredients in pharmaceuticals and nutraceuticals. The global market size is projected to reach approximately USD 20 billion by 2025, bolstered by increasing consumer awareness of health benefits associated with phytochemicals and advancements in extraction technologies.
Companies Covered
(Covid 19 Impact Covered)
◍ Centroflora CMS
◍ Cargill
◍ Chr. Hansen
◍ Kothari Phytochemicals & Industries
◍ SeQuent Scientific
◍ Doehler
◍ Lipo Foods
◍ Arboris
◍ Medipure Pharmaceuticals
◍ BASF
The Phytochemical API market features companies like Centroflora CMS, Cargill, and Chr. Hansen, which leverage phytochemicals for natural ingredients in food, supplements, and cosmetics. Their innovations drive demand, while Kothari, SeQuent, and BASF enhance product portfolios. Estimated revenues: Cargill - $134 billion, BASF - $87 billion, Chr. Hansen - $1.4 billion.
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Market Segmentation
By Application
Pharmaceutical ◍ Nutraceuticals ◍ Herbal Based Industries ◍ Others
By Product
◍ Alkaloids
Anthocyanins
Monoterpenes
Carotenoids
Phenolic Acids
Others
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Market Growth
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$ X Billion USD
