About Plant Extraction Equipment
Plant extraction equipment is used in the process of extraction that intends to extract various components available in plants. The extraction results into the solid/liquid separation process when placed in contact with the fluid. The plant extraction equipment is widely used in the food & beverage, pharmaceutical, cosmetics, and feed additives industry.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Alfa Laval AB (Sweden), Berkem (France), Vekamaf Holland B.V. (Netherlands), Tetra Pak International S.A. (Switzerland), Precision Extraction Solutions (United States), Shanghai Better Industry Co. Ltd. (China), Sanyukiki Co. Ltd. (China), Pennwalt Ltd. (United States) and Nextleaf Solutions Ltd. (Canada) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Plant Extraction Equipment market by Type (Concentrators, Extracting Tank and Purification and Separation), Application (Food & Beverage, Pharmaceutical, Cosmetics and Feed and Feed Additives) and Region.
On the basis of geography, the market of Plant Extraction Equipment 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. Solid will boost the Plant Extraction Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Offline will boost the Plant Extraction Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Use of the Fully Automatic Plant Extraction Equipment and Technological Advancement in Plant Extraction Equipment
Market Growth Drivers:
The Increasing Demand for the Herbal Products Worldwide and Need for Efficiency and Effectiveness Along with Optimum Utilisation of Resources in Various Industry
Challenges:
Issues with Installation and Maintenance of Plant Extraction Equipment
Restraints:
High Cost Investment in Plant Extraction Equipment and Stringent Regulatory Compliances with Plant Extraction Equipment
Opportunities:
Surging Spendings of Cosmetic Industry in Plant-based Natural Production of Products
Market Leaders and their expansionary development strategies
On 23rd April 2020, Precision Extraction Solutions, the industry leader in cannabis and hemp extraction equipment technology, lab design, training, and research and development, announced two patent-pending processes, T-SEP and L-SEP, to optimize the extraction and purification of cannabis and hemp oil.
On 2nd April 2020, Nextleaf Solutions Ltd. most innovative cannabis extractor of Canada announced that Nextleaf Labs Ltd., a Health Canada licensed standard processor whose acquisition by OILS is pending, has entered into a Cannabis Extraction Agreement with a well-known cannabis producer based in Ontario who operates a 10-acre greenhouse licensed for cannabis cultivation.
Key Target Audience
Plant Extraction Equipment Manufacturers, Plant Extraction Equipment International Traders, Plant Extraction Equipment Distribution and Suppliers, Research and Development Institute, Potential Investors, Regulatory Bodies and Others
About Approach
To 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 a 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 the purpose to understand the companies positioning regarding the 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 a 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, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.