About Herbal Extract Powder
Herbal extract powder is the extracted of the various herbs through drying liquid extracts by different technologies. Herbal powder have high bio-absorption due to better particle size, when compared to raw herbs or liquid extracts. The phytochemicals extracted through the herbal extract bypass the need for digestion, and thus are preferred option for making various beverages, dietary supplement and pharmaceutical products. Higher potential of the herbal powders, better portability, higher shelf life, when compared to the tinctures, liquids makes is more desirable option.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.28% |
The market is highly competitive due to lack of any entry-level regulations, abundant availability of raw materials and large number of manufacturers 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.
Berkem (France), International Flavors & Fragrances Inc. (Israel), Döhler (Germany), Nutra Green Biotechnology Co.,Ltd (China), RANSOM NATURALS LTD (United Kingdom), Prinova Group LLC. (United States), Synergy Flavors, Inc. (United States), Synthite Industries Ltd. (India), Martin Bauer Group (United States) and Euromed (Spain) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are INDO WORLD TRADING CORPORATION (India), Haldin Pacific Semesta (Indonesia), Maypro (United States), Indena S.p.A. (Italy) and Sabinsa Corporation (United States).
Segmentation Overview
AMA Research has segmented the market of Global Herbal Extract Powder market by , Application (Food & Beverage, Nutritional Supplement, Baby Food, Herbal Beverages, Others, Pharmaceutical, Personal Care and Cosmetic, Skin Care, Hair Care and Dental Care) and Region.
On the basis of geography, the market of Herbal Extract Powder 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 Source, the sub-segment i.e. Leaves will boost the Herbal Extract Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Advantage of powder over liquid, capsule and other forms
Market Growth Drivers:
Growing demand for natural ingredients and Lack of Stringent regulation
Challenges:
High Cost
Restraints:
Side Effects associated the some herbal extracts
Opportunities:
Emergence of new herbal extraction technologies
Market Leaders and their expansionary development strategies
In October 2023, Nutralliance signed a distribution agreement with the KÄÄPÄ Biotech, a Finland based company for the Nordic Mushrooms extracts. The distribution agreement is an outcome of the increased need of superior medicinal mushroom products across the North America region.
In June 2023, Bon Natural Life Limited one of the leading bio-ingredient solutions providers in the natural, health and personal care industries, today announced the launch of three powder drinks to its cruciferous vegetable-based health supplement series. The new powder drinks include: broccoli seed caffeine powder drink, broccoli seed coconut powder drink, and broccoli seed green tea powder drink.
Key Target Audience
Manufacturers of nutraceutical products, food and beverage manufacturers, and cosmetics companies and Food and beverage association
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.