Global Botanicals Market to Hit $24.97 Billion by 2032

 Meticulous Research®—a leading global market research company, published a research report titled ‘Botanicals Market—Global Opportunity Analysis and Industry Forecast (2025-2032)’. According to this latest publication, the Botanicals market is expected to reach $24.97 billion by 2032, at a CAGR of 9.0% from 2025 to 2032.

The botanicals market is expanding rapidly, driven by an increase in demand from the food and beverage industry. This increase is largely due to rising public knowledge of the health advantages of botanical extracts. Furthermore, the cosmetics and personal care industries are expanding rapidly, owing to a growing demand for natural and organic materials.

Despite the optimistic outlook, the market faces various hurdles. Fluctuating raw material prices, the widespread availability of synthetic substitutes, and worries about standardization and product consistency all represent significant barriers to expansion.

Key Players:

The botanicals market is characterized by a moderately competitive scenario due to the presence of many large- and small-sized global, regional, and local players. The key players operating in the botanicals market are International Flavors & Fragrances (U.S.), MB-Holding GmbH & Co. K.G. (Germany), Givaudan SA (Switzerland), Bell Flavors& Fragrances (U.S.), Synergy Flavors (U.S.), Blue Sky Botanics Ltd. (U.K.), Dohler GmbH (Germany), Synthite Industries Ltd. (India), Cargill, Incorporated (U.S.), Kalsec Inc. (U.S.), Nexira (U.S.), Botanical Ingredients Ltd. (Australia), Lipoid Kosmetic AG (Switzerland), and Nutra Green Biotechnology Co., Ltd. (China).

The botanicals market is segmented based on product type and distribution channel. This study also evaluates industry competitors and analyzes the regional and country-level markets.

The garlic extract sector is predicted to dominate the botanicals market by 2025, accounting for 30-35% of the total. Garlic's dominance stems in large part from its multiple therapeutic effects, which include cardiovascular health support, immunological boost, and anti-inflammatory activity. Its vast use in the food and beverage, cosmetics, and pharmaceutical industries, combined with its potent antibacterial properties, solidifies its dominant position.

In terms of form, powder is expected to dominate the market by 2025. This is due to its adaptability, which makes it easy to incorporate into a variety of product formulations.

In terms of nature, non-organic botanical extracts are expected to have the greatest market share in 2025. This trend is spurred by their widespread availability and the desire of many businesses to produce items that do not require organic certification. A sizable proportion of cost-conscious consumers continue to prefer these products, especially when the perceived health benefits of non-organic alternatives are deemed equivalent to those of organic ones.

Cosmetics and personal care are projected to be the most popular applications by 2025. The booming worldwide beauty business and a significant consumer trend toward natural and organic formulations, which are increasingly perceived as safer and more sustainable, are driving expansion in this area.

Key Questions Answered in the Report-

·         What is the value of revenue generated by the sale of botanicals?

·         At what rate is the global demand for botanicals projected to grow for the next five to seven years?

·         What is the historical market size and growth rate for the botanicals market?

·         What are the major factors impacting the growth of this market at global and regional levels?

·         What are the major opportunities for existing players and new entrants in the market?

·         Which product, form, nature, and application segments create major traction for the manufacturers in this market?

·         What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the botanicals market?

·         Who are the major players in the botanicals market? What are their specific product offerings in this market?

·         What recent developments have taken place in the botanicals market? What impact have these strategic developments created on the market?

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Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

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