What is Organic Herbal Extracts?
Organic Herbal Extracts requires extensive process of removing essential vitamins, nutrients and extracts from the herbal products through a cold press process. This process involves both dried as well as fresh herbs. The extract of such herbs is mixed with organic certified alcohol base. The alcoholic base helps in longer preservation and to maintain integrity of herbal extracts. The organic herbal extracts market is expected to grow owing to growing veganism as well as rising popularity of the herbal medicines and diets. North America and Asia Pacific are the two most prominent markets of the organic herbal extracts.
The market study is broken down by Type (Essential Oils, Flavors and Fragrances, Spices and Others) and major geographies with country level break-up.
Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Martin Bauer Group (Germany), Döhler (Germany), Naturex SA (France), Herbochem (India), Changsha Langyuan Bio-Tech Co., Ltd (China), MRT Organic Green Products (India), Beloor Bayir Biotech Ltd (India), Phyto Herbal (India), Bioforce USA (United States) and Organic Herb Inc. (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Vidya Herbs Private Limited (India), Venkatesh Naturals Extract Pvt Ltd (India) and Pioneer Enterprise (India).
AdvanceMarketAnalytics has segmented the market of Global Organic Herbal Extracts market by Type, Application and Region.
On the basis of geography, the market of Organic Herbal Extracts has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. Dry will boost the Organic Herbal Extracts market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Plants will boost the Organic Herbal Extracts market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2018, Givaudan, Switzerland based multinational flavor and fragrance manufacturer has announced acquisition of 40.6% stake in Naturex, which is a France based botanical company specialised in plant based extraction. The acquisition is aimed at Givaudan’s strategic move towards plant based flavors and fragrances.
In 2020, Euromed S.A., a Spain based herbal extraction company has announced launch of its new range of organic herbal extracts which are derived from organic certified herbs. The newly launched series of extracts are certified with Earth Harmony Organic Extract logo. The move is aimed at tackling the growing sustainability issue and meet with EU’s sustainability goals.
- Spices Account for Larger Market Share
- Rising Culture of Veganism and Vegetarianism
- Rise of Plant Based Natural Ingredients Market
- Flavors and Fragnance Market has Huge Opportunities to Grow
- Lack of Mechanisms to Certify the Organic Consistency of the Product
- Rising Competition due to Emergence of Small Local Players
Key Target AudienceOrganic Herbal Extracts Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as Martin Bauer Group (Germany), Döhler (Germany), Naturex SA (France), Herbochem (India), Changsha Langyuan Bio-Tech Co., Ltd (China), MRT Organic Green Products (India), Beloor Bayir Biotech Ltd (India), Phyto Herbal (India), Bioforce USA (United States) and Organic Herb Inc. (China) etc.
2. Can we have customized study for Organic Herbal Extracts Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Organic Herbal Extracts Market by 2026?
Analysts at AMA estimates Organic Herbal Extracts Market to reach USD Million by 2026.