Botanical Extracts Market Research Report - Global Forecast till 2027

Botanical Extracts Market Research Report: Information by Form (Powder and Liquid), Source (Herbs & Spices, Fruits and others), Application (Food, Beverages, Personal Care, Pharmaceuticals & Nutraceuticals and others) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2027

ID: MRFR/F-B & N/3397-CR | February 2021 | Region: Global | 110 pages

Impact of COVID-19 on the Global Botanical Extracts Market-


The worldwide spread of the novel coronavirus has resulted in the pandemic affecting every country differently. The pandemic is still aggregating, and with the prolonged spread of the virus, the impact is also expected to intensify. Trade restrictions, partial/complete closure of international borders, permitted functioning of production facilities at reduced capacity & workforce, and nationwide lockdown are resulting in the declining growth trend of botanical extracts market. Owing to the disruptions in supply chains and value chains, the supply-demand gap of botanical extracts has been widening. The Institute of Supply Management (ISM) stated that, globally, more than 75% of the companies have witnessed disruption in their supply chains.


Additionally, food and beverage and cosmetic production plants have been permitted to operate at half capacity, while several manufacturing facilities in other application industries have been closed in various countries. This has led to reduced global demand for botanical extracts in these application industries. For instance, food production in Italy is expected to register sluggish growth due to the closure of northern Italy, which accounts for nearly 52% of Italy’s food production. Vendors in the market are expecting no immediate impact on their growth. However, revenues are being negatively impacted, at least during the first quarter of 2020.


Trade restrictions have impacted the import-export trade of various botanical herbs in the form of both fresh and processed. Due to such a decline in export-import trade, the supply chain has been disrupted and resulted in the unavailability of adequate raw material required to produce botanical extracts. Hence, vendors active in the botanical extracts market are witnessing challenges in their growth from both supply and demand side. However, shifting consumer preference towards natural products, even during the pandemic, is emerging as an opportunistic factor for the global botanical extracts market.


To overcome the ongoing recession, governments of various nations have directed the manufacturing industries to resume production with minimum workforce and adoption of various hygiene standards. It is a challenge for the developing countries to adopt the GFSI benchmarked food safety and quality programs, such as Safe Quality Food (SQF), Brand Reputation Compliance (BRC) and Primus GFS, along with existing Good Manufacturing Practices (GMP).


MRFR has included several COVID-19 analysis pointers in its in-depth global botanical extracts market report. The COVID-19 impact analysis platform provided by MRFR includes the impact of COVID-19 on businesses, several industries, logistics, and financial/economic impacts, amongst other such parameters.


Table of Content



  • Impact of COVID-19 on the market

    • Impact on raw material availability

    • Impact on supply chain

    • Impact on product pricing

    • Impact on store-based vs online sales

    • Impact on buying decision of customers/consumers

    • Impact on end-use industries



1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS 15

1.1.1 GLOBAL BOTANICAL EXTRACTS MARKET, BY FORM 16

1.1.2 GLOBAL BOTANICAL EXTRACTS MARKET, BY APPLICATION 17

1.1.3 GLOBAL BOTANICAL EXTRACTS MARKET, BY SOURCE 18

1.1.4 GLOBAL BOTANICAL EXTRACTS MARKET, BY REGION 19

2 MARKET INTRODUCTION

2.1 DEFINITION 20

2.2 SCOPE OF THE STUDY 20

2.3 RESEARCH OBJECTIVE 20

2.4 MARKET STRUCTURE 21

2.5 KEY BUYING CRITERIA 21

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS 22

3.2 PRIMARY RESEARCH 23

3.3 SECONDARY RESEARCH 24

3.4 MARKET SIZE ESTIMATION 24

3.5 FORECAST MODEL 26

3.6 LIST OF ASSUMPTIONS 27

4 MARKET INSIGHTS

5 MARKET DYNAMICS

5.1 INTRODUCTION 30

5.2 DRIVERS 31

5.2.1 WIDESPREAD APPLICATION IN FOOD & BEVERAGES 31

5.2.2 RISING DEMAND FOR DIETARY SUPPLEMENTS 31

5.2.3 INCREASING USE IN PERSONAL CARE PRODUCTS 32

5.2.4 DRIVERS IMPACT ANALYSIS 32

5.3 RESTRAINTS 33

5.3.1 LIMITED AVAILABILITY AND FLUCTUATING PRICES OF RAW MATERIALS 33

5.3.2 RESTRAINTS IMPACT ANALYSIS 33

5.4 OPPORTUNITIES 34

5.4.1 CONSUMER INCLINATION FOR ORGANIC PRODUCTS 34

5.4.2 GROWING POPULARITY OF AYURVEDA 34

6 MARKET FACTOR ANALYSIS

6.1 VALUE CHAIN ANALYSIS 35

6.1.1 RAW MATERIAL PROCUREMENT 36

6.1.2 PROCESSING 36

6.1.3 PACKAGING 36

6.2 SUPPLY CHAIN ANALYSIS 37

6.3 PORTER’S FIVE FORCES MODEL 38

6.3.1 THREAT OF NEW ENTRANTS 39

6.3.2 BARGAINING POWER OF SUPPLIERS 39

6.3.3 BARGAINING POWER OF BUYERS 39

6.3.4 THREAT OF SUBSTITUTES 39

6.3.5 INTENSITY OF RIVALRY 39

7 BOTANICAL EXTRACTS MARKET, BY SOURCE

7.1 OVERVIEW 40

7.1.1 GLOBAL BOTANICAL EXTRACTS MARKET ESTIMATES & FORECAST, BY SOURCE, 2020-2027 41

7.2 HERBS & SPICES 41

7.2.1 HERBS & SPICES: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 41

7.3 FRUITS 42

7.3.1 FRUITS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 42

7.4 OTHERS 43

7.4.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 43

8 BOTANICAL EXTRACTS MARKET, BY FORM

8.1 OVERVIEW 44

8.1.1 GLOBAL BOTANICAL EXTRACTS MARKET ESTIMATES & FORECAST, BY FORM, 2020-2027 45

8.2 POWDER 45

8.2.1 POWDER: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 45

8.3 LIQUID 46

8.3.1 LIQUID: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 46

9 BOTANICAL EXTRACTS MARKET, BY APPLICATION

9.1 OVERVIEW 47

9.1.1 GLOBAL BOTANICAL EXTRACTS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2027 48

9.2 FOOD 49

9.2.1 FOOD: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 49

9.3 BEVERAGES 49

9.3.1 BEVERAGES: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 50

9.4 PERSONAL CARE 50

9.4.1 PERSONAL CARE: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 50

9.5 PHARMACEUTICALS & NUTRACEUTICALS 51

9.5.1 PHARMACEUTICALS & NUTRACEUTICALS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 51

9.6 OTHERS 52

9.6.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 52

10 GLOBAL BOTANICAL EXTRACTS MARKET, BY REGION

10.1 OVERVIEW 53

10.2 NORTH AMERICA 55

BOTANICAL EXTRACTS MARKET, BY SOURCE

BOTANICAL EXTRACTS MARKET, BY FORM

BOTANICAL EXTRACTS MARKET, BY APPLICATION

10.2.1 US 57

BOTANICAL EXTRACTS MARKET, BY SOURCE

BOTANICAL EXTRACTS MARKET, BY FORM

BOTANICAL EXTRACTS MARKET, BY APPLICATION

10.2.2 CANADA 59

BOTANICAL EXTRACTS MARKET, BY SOURCE

BOTANICAL EXTRACTS MARKET, BY FORM

BOTANICAL EXTRACTS MARKET, BY APPLICATION

10.2.3 MEXICO 60

BOTANICAL EXTRACTS MARKET, BY SOURCE

BOTANICAL EXTRACTS MARKET, BY FORM

BOTANICAL EXTRACTS MARKET, BY APPLICATION

10.3 EUROPE 62

BOTANICAL EXTRACTS MARKET, BY SOURCE

BOTANICAL EXTRACTS MARKET, BY FORM

BOTANICAL EXTRACTS MARKET, BY APPLICATION

10.3.1 GERMANY 65

BOTANICAL EXTRACTS MARKET, BY SOURCE

BOTANICAL EXTRACTS MARKET, BY FORM

BOTANICAL EXTRACTS MARKET, BY APPLICATION

10.3.2 UK 66

BOTANICAL EXTRACTS MARKET, BY SOURCE

BOTANICAL EXTRACTS MARKET, BY FORM

BOTANICAL EXTRACTS MARKET, BY APPLICATION

10.3.3 FRANCE 68

BOTANICAL EXTRACTS MARKET, BY SOURCE

BOTANICAL EXTRACTS MARKET, BY FORM

BOTANICAL EXTRACTS MARKET, BY APPLICATION

10.3.4 SPAIN 69

BOTANICAL EXTRACTS MARKET, BY SOURCE

BOTANICAL EXTRACTS MARKET, BY FORM

BOTANICAL EXTRACTS MARKET, BY APPLICATION

10.3.5 ITALY 71

BOTANICAL EXTRACTS MARKET, BY SOURCE

BOTANICAL EXTRACTS MARKET, BY FORM

BOTANICAL EXTRACTS MARKET, BY APPLICATION

10.3.6 REST OF EUROPE 72

BOTANICAL EXTRACTS MARKET, BY SOURCE

BOTANICAL EXTRACTS MARKET, BY FORM

BOTANICAL EXTRACTS MARKET, BY APPLICATION

10.4 ASIA-PACIFIC 74

BOTANICAL EXTRACTS MARKET, BY SOURCE

BOTANICAL EXTRACTS MARKET, BY FORM

BOTANICAL EXTRACTS MARKET, BY APPLICATION

10.4.1 CHINA 76

BOTANICAL EXTRACTS MARKET, BY SOURCE

BOTANICAL EXTRACTS MARKET, BY FORM

BOTANICAL EXTRACTS MARKET, BY APPLICATION

10.4.2 JAPAN 78

BOTANICAL EXTRACTS MARKET, BY SOURCE

BOTANICAL EXTRACTS MARKET, BY FORM

BOTANICAL EXTRACTS MARKET, BY APPLICATION

10.4.3 INDIA 79

BOTANICAL EXTRACTS MARKET, BY SOURCE

BOTANICAL EXTRACTS MARKET, BY FORM

BOTANICAL EXTRACTS MARKET, BY APPLICATION

10.4.4 AUSTRALIA & NEW ZEALAND 81

BOTANICAL EXTRACTS MARKET, BY SOURCE

BOTANICAL EXTRACTS MARKET, BY FORM

BOTANICAL EXTRACTS MARKET, BY APPLICATION

10.4.5 REST OF ASIA-PACIFIC 82

BOTANICAL EXTRACTS MARKET, BY SOURCE

BOTANICAL EXTRACTS MARKET, BY FORM

BOTANICAL EXTRACTS MARKET, BY APPLICATION

10.5 REST OF THE WORLD 84

BOTANICAL EXTRACTS MARKET, BY SOURCE

BOTANICAL EXTRACTS MARKET, BY FORM

BOTANICAL EXTRACTS MARKET, BY APPLICATION

10.5.1 SOUTH AMERICA 86

BOTANICAL EXTRACTS MARKET, BY SOURCE

BOTANICAL EXTRACTS MARKET, BY FORM

BOTANICAL EXTRACTS MARKET, BY APPLICATION

10.5.2 MIDDLE EAST 88

BOTANICAL EXTRACTS MARKET, BY SOURCE

BOTANICAL EXTRACTS MARKET, BY FORM

BOTANICAL EXTRACTS MARKET, BY APPLICATION

10.5.3 AFRICA 89

BOTANICAL EXTRACTS MARKET, BY SOURCE

BOTANICAL EXTRACTS MARKET, BY FORM

BOTANICAL EXTRACTS MARKET, BY APPLICATION

11 COMPETITIVE LANDSCAPE

11.1 OVERVIEW 91

11.2 COMPETITIVE BENCHMARKING 91

11.3 KEY DEVELOPMENTS & GROWTH STRATEGIES 92

11.3.1 EXPANSIONS 92

11.3.2 ACQUISITIONS 92

12 COMPANY PROFILES

12.1 RANSOM NATURALS LTD 93

12.1.1 COMPANY OVERVIEW 93

12.1.2 FINANCIAL OVERVIEW 93

12.1.3 PRODUCTS OFFERED 93

12.1.4 KEY DEVELOPMENTS 94

12.1.5 KEY STRATEGIES 94

12.2 INTERNATIONAL FLAVORS & FRAGRANCES INC. 95

12.2.1 COMPANY OVERVIEW 95

12.2.2 FINANCIAL OVERVIEW 95

12.2.3 PRODUCTS OFFERED 96

12.2.4 KEY DEVELOPMENTS 96

12.2.5 SWOT ANALYSIS 97

12.2.6 KEY STRATEGIES 97

12.3 SYNTHITE INDUSTRIES LTD 98

12.3.1 COMPANY OVERVIEW 98

12.3.2 FINANCIAL OVERVIEW 98

12.3.3 PRODUCTS OFFERED 98

12.3.4 KEY DEVELOPMENTS 99

12.3.5 KEY STRATEGIES 99

12.4 MARTIN BAUER GROUP 100

12.4.1 COMPANY OVERVIEW 100

12.4.2 FINANCIAL OVERVIEW 100

12.4.3 PRODUCTS OFFERED 100

12.4.4 KEY DEVELOPMENTS 102

12.4.5 SWOT ANALYSIS 103

12.4.6 KEY STRATEGIES 103

12.5 KALSEC INC. 104

12.5.1 COMPANY OVERVIEW 104

12.5.2 FINANCIAL OVERVIEW 104

12.5.3 PRODUCTS OFFERED 104

12.5.4 KEY DEVELOPMENTS 105

12.5.5 SWOT ANALYSIS 105

12.5.6 KEY STRATEGIES 105

12.6 SYNERGY FLAVORS, INC. 106

12.6.1 COMPANY OVERVIEW 106

12.6.2 FINANCIAL OVERVIEW 106

12.6.3 PRODUCTS OFFERED 106

12.6.4 KEY DEVELOPMENTS 106

12.6.5 SWOT ANALYSIS 107

12.6.6 KEY STRATEGIES 107

12.7 PRINOVA GROUP LLC 108

12.7.1 COMPANY OVERVIEW 108

12.7.2 FINANCIAL OVERVIEW 108

12.7.3 PRODUCTS OFFERED 108

12.7.4 KEY DEVELOPMENTS 108

12.7.5 SWOT ANALYSIS 109

12.7.6 KEY STRATEGIES 109

13 REFERENCES

14 LIST OF TABLES

TABLE 1 PRIMARY INTERVIEWS 23

TABLE 2 LIST OF ASSUMPTIONS 27

TABLE 3 GLOBAL BOTANICAL EXTRACTS MARKET ESTIMATES & FORECAST, BY SOURCE, 2020-2027 (USD MILLION) 41

TABLE 4 HERBS & SPICES: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 (USD MILLION) 41

TABLE 5 FRUITS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 (USD MILLION) 42

TABLE 6 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 (USD MILLION) 43

TABLE 7 GLOBAL BOTANICAL EXTRACTS MARKET ESTIMATES & FORECAST, BY FORM, 2020-2027 (USD MILLION) 45

TABLE 8 POWDER: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 (USD MILLION) 45

TABLE 9 LIQUID: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 (USD MILLION) 46

TABLE 10 GLOBAL BOTANICAL EXTRACTS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020-2027 (USD MILLION) 48

TABLE 11 FOOD: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 (USD MILLION) 49

TABLE 12 BEVERAGES: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 (USD MILLION) 50

TABLE 13 PERSONAL CARE: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 (USD MILLION) 50

TABLE 14 PHARMACEUTICALS & NUTRACEUTICALS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 (USD MILLION) 51

TABLE 15 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 (USD MILLION) 52

TABLE 16 GLOBAL BOTANICAL EXTRACTS MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 (USD MILLION) 54

TABLE 17 NORTH AMERICA: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2027 (USD MILLION) 55

TABLE 18 NORTH AMERICA: BOTANICAL EXTRACTS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 56

TABLE 19 NORTH AMERICA: BOTANICAL EXTRACTS MARKET, BY FORM, 2020-2027 (USD MILLION) 56

TABLE 20 NORTH AMERICA: BOTANICAL EXTRACTS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 57

TABLE 21 US: BOTANICAL EXTRACTS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 57

TABLE 22 US: BOTANICAL EXTRACTS MARKET, BY FORM, 2020-2027 (USD MILLION) 58

TABLE 23 US: BOTANICAL EXTRACTS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 58

TABLE 24 CANADA: BOTANICAL EXTRACTS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 59

TABLE 25 CANADA: BOTANICAL EXTRACTS MARKET, BY FORM, 2020-2027 (USD MILLION) 59

TABLE 26 CANADA: BOTANICAL EXTRACTS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 60

TABLE 27 MEXICO: BOTANICAL EXTRACTS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 60

TABLE 28 MEXICO: BOTANICAL EXTRACTS MARKET, BY FORM, 2020-2027 (USD MILLION) 61

TABLE 29 MEXICO: BOTANICAL EXTRACTS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 61

TABLE 30 EUROPE: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2027 (USD MILLION) 63

TABLE 31 EUROPE: BOTANICAL EXTRACTS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 63

TABLE 32 EUROPE: BOTANICAL EXTRACTS MARKET, BY FORM, 2020-2027 (USD MILLION) 64

TABLE 33 EUROPE: BOTANICAL EXTRACTS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 64

TABLE 34 GERMANY: BOTANICAL EXTRACTS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 65

TABLE 35 GERMANY: BOTANICAL EXTRACTS MARKET, BY FORM, 2020-2027 (USD MILLION) 65

TABLE 36 GERMANY: BOTANICAL EXTRACTS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 66

TABLE 37 UK: BOTANICAL EXTRACTS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 66

TABLE 38 UK: BOTANICAL EXTRACTS MARKET, BY FORM, 2020-2027 (USD MILLION) 67

TABLE 39 UK: BOTANICAL EXTRACTS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 67

TABLE 40 FRANCE: BOTANICAL EXTRACTS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 68

TABLE 41 FRANCE: BOTANICAL EXTRACTS MARKET, BY FORM, 2020-2027 (USD MILLION) 68

TABLE 42 FRANCE: BOTANICAL EXTRACTS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 69

TABLE 43 SPAIN: BOTANICAL EXTRACTS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 69

TABLE 44 SPAIN: BOTANICAL EXTRACTS MARKET, BY FORM, 2020-2027 (USD MILLION) 70

TABLE 45 SPAIN: BOTANICAL EXTRACTS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 70

TABLE 46 ITALY: BOTANICAL EXTRACTS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 71

TABLE 47 ITALY: BOTANICAL EXTRACTS MARKET, BY FORM, 2020-2027 (USD MILLION) 71

TABLE 48 ITALY: BOTANICAL EXTRACTS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 72

TABLE 49 REST OF EUROPE: BOTANICAL EXTRACTS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 72

TABLE 50 REST OF EUROPE: BOTANICAL EXTRACTS MARKET, BY FORM, 2020-2027 (USD MILLION) 73

TABLE 51 REST OF EUROPE: BOTANICAL EXTRACTS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 73

TABLE 52 +ASIA-PACIFIC: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2027 (USD MILLION) 74

TABLE 53 ASIA-PACIFIC: BOTANICAL EXTRACTS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 75

TABLE 54 ASIA-PACIFIC: BOTANICAL EXTRACTS MARKET, BY FORM, 2020-2027 (USD MILLION) 75

TABLE 55 ASIA-PACIFIC: BOTANICAL EXTRACTS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 76

TABLE 56 CHINA: BOTANICAL EXTRACTS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 76

TABLE 57 CHINA: BOTANICAL EXTRACTS MARKET, BY FORM, 2020-2027 (USD MILLION) 77

TABLE 58 CHINA: BOTANICAL EXTRACTS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 77

TABLE 59 JAPAN: BOTANICAL EXTRACTS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 78

TABLE 60 JAPAN: BOTANICAL EXTRACTS MARKET, BY FORM, 2020-2027 (USD MILLION) 78

TABLE 61 JAPAN: BOTANICAL EXTRACTS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 79

TABLE 62 INDIA: BOTANICAL EXTRACTS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 79

TABLE 63 INDIA: BOTANICAL EXTRACTS MARKET, BY FORM, 2020-2027 (USD MILLION) 80

TABLE 64 INDIA: BOTANICAL EXTRACTS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 80

TABLE 65 AUSTRALIA & NEW ZEALAND: BOTANICAL EXTRACTS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 81

TABLE 66 AUSTRALIA & NEW ZEALAND: BOTANICAL EXTRACTS MARKET, BY FORM, 2020-2027 (USD MILLION) 81

TABLE 67 AUSTRALIA & NEW ZEALAND: BOTANICAL EXTRACTS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 82

TABLE 68 REST OF ASIA-PACIFIC: BOTANICAL EXTRACTS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 82

TABLE 69 REST OF ASIA-PACIFIC: BOTANICAL EXTRACTS MARKET, BY FORM, 2020-2027 (USD MILLION) 83

TABLE 70 REST OF ASIA-PACIFIC: BOTANICAL EXTRACTS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 83

TABLE 71 REST OF THE WORLD: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 (USD MILLION) 84

TABLE 72 REST OF THE WORLD: BOTANICAL EXTRACTS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 85

TABLE 73 REST OF THE WORLD: BOTANICAL EXTRACTS MARKET, BY FORM, 2020-2027 (USD MILLION) 85

TABLE 74 REST OF THE WORLD: BOTANICAL EXTRACTS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 86

TABLE 75 SOUTH AMERICA: BOTANICAL EXTRACTS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 86

TABLE 76 SOUTH AMERICA: BOTANICAL EXTRACTS MARKET, BY FORM, 2020-2027 (USD MILLION) 87

TABLE 77 SOUTH AMERICA: BOTANICAL EXTRACTS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 87

TABLE 78 MIDDLE EAST: BOTANICAL EXTRACTS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 88

TABLE 79 MIDDLE EAST: BOTANICAL EXTRACTS MARKET, BY FORM, 2020-2027 (USD MILLION) 88

TABLE 80 MIDDLE EAST: BOTANICAL EXTRACTS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 89

TABLE 81 AFRICA: BOTANICAL EXTRACTS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 89

TABLE 82 AFRICA: BOTANICAL EXTRACTS MARKET, BY FORM, 2020-2027 (USD MILLION) 90

TABLE 83 AFRICA: BOTANICAL EXTRACTS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 90

TABLE 84 EXPANSIONS 92

TABLE 85 ACQUISITIONS 92

TABLE 86 RANSOM NATURALS LTD: PRODUCTS OFFERED 93

TABLE 87 INTERNATIONAL FLAVORS & FRAGRANCES INC.: PRODUCTS OFFERED 96

TABLE 88 INTERNATIONAL FLAVORS & FRAGRANCES INC.:KEY DEVELOPMENTS 96

TABLE 89 SYNTHITE INDUSTRIES LTD: PRODUCTS OFFERED 98

TABLE 90 SYNTHITE INDUSTRIES LTD: KEY DEVELOPMENTS 99

TABLE 91 MARTIN BAUER GROUP: PRODUCTS OFFERED 100

TABLE 92 MARTIN BAUER GROUP: KEY DEVELOPMENTS 102

TABLE 93 KALSEC INC.: PRODUCTS OFFERED 104

TABLE 94 SYNERGY FLAVORS, INC.: PRODUCTS OFFERED 106

TABLE 95 PRINOVA GROUP LLC: PRODUCTS OFFERED 108

TABLE 96 PRINOVA GROUP LLC: KEY DEVELOPMENTS 108

15 LIST OF FIGURES

FIGURE 1 MARKET SYNOPSIS 14

FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL BOTANICAL EXTRACTS MARKET, 2020 15

FIGURE 3 GLOBAL BOTANICAL EXTRACTS MARKET ANALYSIS, BY FORM 16

FIGURE 4 GLOBAL BOTANICAL EXTRACTS MARKET ANALYSIS, BY APPLICATION 17

FIGURE 5 GLOBAL BOTANICAL EXTRACTS MARKET ANALYSIS, BY SOURCE 18

FIGURE 6 GLOBAL BOTANICAL EXTRACTS MARKET ANALYSIS, BY REGION, 2020 19

FIGURE 7 GLOBAL BOTANICAL EXTRACTS MARKET: STRUCTURE 21

FIGURE 8 KEY BUYING CRITERIA FOR BOTANICAL EXTRACTS 21

FIGURE 9 RESEARCH PROCESS 22

FIGURE 10 TOP-DOWN & BOTTOM-UP APPROACHES 25

FIGURE 11 NORTH AMERICA: BOTANICAL EXTRACTS MARKET SIZE, BY COUNTRY (2020-2027) 28

FIGURE 12 EUROPE: BOTANICAL EXTRACTS MARKET SIZE, BY COUNTRY (2020-2027) 28

FIGURE 13 ASIA-PACIFIC: BOTANICAL EXTRACTS MARKET SIZE, BY COUNTRY (2020-2027) 29

FIGURE 14 REST OF THE WORLD: BOTANICAL EXTRACTS MARKET SIZE, BY REGION (2020-2027) 29

FIGURE 15 MARKET DYNAMICS OVERVIEW 30

FIGURE 16 DRIVERS IMPACT ANALYSIS: GLOBAL BOTANICAL EXTRACTS MARKET 32

FIGURE 17 RESTRAINTS IMPACT ANALYSIS: GLOBAL BOTANICAL EXTRACTS MARKET 33

FIGURE 18 GLOBAL BOTANICAL EXTRACTS MARKET: VALUE CHAIN 35

FIGURE 19 GLOBAL BOTANICAL EXTRACTS MARKET: SUPPLY CHAIN 37

FIGURE 20 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL BOTANICAL EXTRACTS MARKET 38

FIGURE 21 GLOBAL BOTANICAL EXTRACTS MARKET, BY SOURCE, 2020 (% SHARE) 40

FIGURE 22 GLOBAL BOTANICAL EXTRACTS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 40

FIGURE 23 GLOBAL BOTANICAL EXTRACTS MARKET, BY FORM, 2020 (% SHARE) 44

FIGURE 24 GLOBAL BOTANICAL EXTRACTS MARKET, BY FORM, 2020-2027 (USD MILLION) 44

FIGURE 25 GLOBAL BOTANICAL EXTRACTS MARKET SHARE, BY APPLICATION, 2020 (% SHARE) 47

FIGURE 26 GLOBAL BOTANICAL EXTRACTS MARKET SIZE, BY APPLICATION, 2020-2027 (USD MILLION) 47

FIGURE 27 GLOBAL BOTANICAL EXTRACTS MARKET, BY REGION, 2020-2027 (USD MILLION) 53

FIGURE 28 GLOBAL BOTANICAL EXTRACTS MARKET, BY REGION, 2020 (% SHARE) 53

FIGURE 29 NORTH AMERICA: BOTANICAL EXTRACTS MARKET SHARE, BY COUNTRY, 2020 (% SHARE) 55

FIGURE 30 EUROPE: BOTANICAL EXTRACTS MARKET SHARE, BY COUNTRY, 2020 (% SHARE) 62

FIGURE 31 ASIA-PACIFIC: BOTANICAL EXTRACTS MARKET SHARE, BY COUNTRY, 2020 (% SHARE) 74

FIGURE 32 REST OF THE WORLD: BOTANICAL EXTRACTS MARKET SHARE, BY REGION, 2020 (% SHARE) 84

FIGURE 33 BENCHMARKING OF MAJOR COMPETITORS 91

FIGURE 34 INTERNATIONAL FLAVORS & FRAGRANCES INC.: FINANCIAL OVERVIEW SNAPSHOT 95

FIGURE 35 INTERNATIONAL FLAVORS & FRAGRANCES INC.: SWOT ANALYSIS 97

FIGURE 36 MARTIN BAUER GROUP: SWOT ANALYSIS 103

FIGURE 37 KALSEC INC.: SWOT ANALYSIS 105

FIGURE 38 SYNERGY FLAVORS, INC.: SWOT ANALYSIS 107

FIGURE 39 PRINOVA GROUP LLC: SWOT ANALYSIS 109