The Europe Plant-based API Market would witness market growth of 5.6% CAGR during the forecast period (2023-2030).
The development of genomics as well as biotechnology, has made it possible to identify and isolate particular genes that are responsible for the synthesis of active chemicals in plants. As a result, new plant types have been created that produce greater amounts of active chemicals, which may then be used to create new plant-based APIs. This has also drawn the attention of numerous small and large businesses, who are investing in this field and helping the market to flourish.
Discovering intriguing prospective treatments has been made possible by recent developments in the creation of genetic & genomic high-throughput systems for use in gene regulation and expression studies. Other helpful techniques recently reached the forefront of genomic research, including next-generation DNA & RNA sequencing, micro-droplet digital PCR, and microarray-based CGH. Additionally, over half of all medications are made from natural sources, which means that the APIs are made mostly from plants grown as crops.
The "Healthier Together EU Non-Communicable Diseases Initiative" runs from 2022 to 2027 and seeks to assist EU nations in identifying and implementing efficient policies and measures to lessen the burden of major NCDs and enhance the health and well-being of their citizens. It consists of a horizontal strand on health determinants, emphasizing population-level health promotion as well as the prevention of NCDs (to complement the initiatives of Europe's Beating Cancer Plan). The Initiative also consists of four strands on disease-specific topics, including diabetes, cardiovascular diseases, chronic respiratory diseases, mental health issues, and neurological disorders. The Initiative will assist nations in achieving Target 3.4 of the United Nations Sustainable Development Goals, which calls for a reduction in premature mortality from NCDs of one-third by 2030 as well as the promotion of mental health and overall well-being.
The Germany market dominated the Europe Plant-based API Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,781.9 million by 2030. The UK market is anticipated to grow at a CAGR of 4.7% during (2023 - 2030). Additionally, The France market would exhibit a CAGR of 6.4% during (2023 - 2030).
Based on End-use, the market is segmented into Pharmaceuticals, Nutraceuticals, and Herbal Based Industries & Others. Based on Molecule Type, the market is segmented into Alkaloids, Anthocyanin, Flavonoids, Phenolic Acids, Lignin & Stilbenes, Terpenoids, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Plant-based API Market is Projected to reach USD 42.6 Billion by 2030, at a CAGR of 5.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BASF SE, Evonik Industries AG (RAG-Stiftung), Cargill, Incorporated, Roquette Freres SA, Arboris, LLC, Centroflora Group, Kothari Phytochemicals & Industries Ltd., Brains Bioceutical Corp., Indo Phytochem Pharmaceuticals and HimPharm.
Scope of the Study
Market Segments Covered in the Report:
By End-use
- Pharmaceuticals
- Nutraceuticals
- Herbal Based Industries & Others
By Molecule Type
- Alkaloids
- Anthocyanin
- Flavonoids
- Phenolic Acids
- Lignin & Stilbenes
- Terpenoids
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- BASF SE
- Evonik Industries AG (RAG-Stiftung)
- Cargill, Incorporated
- Roquette Freres SA
- Arboris, LLC
- Centroflora Group
- Kothari Phytochemicals & Industries Ltd.
- Brains Bioceutical Corp.
- Indo Phytochem Pharmaceuticals.
- HimPharm
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Plant-based API Market, by End-use
1.4.2 Europe Plant-based API Market, by Molecule Type
1.4.3 Europe Plant-based API Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Plant-based API Market by End-use
3.1 Europe Pharmaceuticals Market by Country
3.2 Europe Nutraceuticals Market by Country
3.3 Europe Herbal Based Industries & Others Market by Country
Chapter 4. Europe Plant-based API Market by Molecule Type
4.1 Europe Alkaloids Market by Country
4.2 Europe Anthocyanin Market by Country
4.3 Europe Flavonoids Market by Country
4.4 Europe Phenolic Acids Market by Country
4.5 Europe Lignin & Stilbenes Market by Country
4.6 Europe Terpenoids Market by Country
4.7 Europe Others Market by Country
Chapter 5. Europe Plant-based API Market by Country
5.1 Germany Plant-based API Market
5.1.1 Germany Plant-based API Market by End-use
5.1.2 Germany Plant-based API Market by Molecule Type
5.2 UK Plant-based API Market
5.2.1 UK Plant-based API Market by End-use
5.2.2 UK Plant-based API Market by Molecule Type
5.3 France Plant-based API Market
5.3.1 France Plant-based API Market by End-use
5.3.2 France Plant-based API Market by Molecule Type
5.4 Russia Plant-based API Market
5.4.1 Russia Plant-based API Market by End-use
5.4.2 Russia Plant-based API Market by Molecule Type
5.5 Spain Plant-based API Market
5.5.1 Spain Plant-based API Market by End-use
5.5.2 Spain Plant-based API Market by Molecule Type
5.6 Italy Plant-based API Market
5.6.1 Italy Plant-based API Market by End-use
5.6.2 Italy Plant-based API Market by Molecule Type
5.7 Rest of Europe Plant-based API Market
5.7.1 Rest of Europe Plant-based API Market by End-use
5.7.2 Rest of Europe Plant-based API Market by Molecule Type
Chapter 6. Company Profiles
6.1 BASF SE
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expense
6.1.5 SWOT Analysis
6.2 Cargill, Incorporated
6.2.1 Company Overview
6.3 Evonik Industries AG (RAG-Stiftung)
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expenses
6.3.5 Recent strategies and developments:
6.3.5.1 Product Launches and Product Expansions:
6.3.5.2 Acquisition and Mergers:
6.4 Roquette Freres SA
6.4.1 Company Overview
6.5 Arboris, LLC
6.5.1 Company Overview
6.6 Centroflora Group
6.6.1 Company Overview
6.7 Kothari Phytochemicals & Industries Ltd.
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Segmental and Regional Analysis
6.8 Brains Bioceutical Corp.
6.8.1 Company Overview
6.9 Indo Phytochem Pharmaceuticals
6.9.1 Company Overview
6.1 HimPharm
6.10.1 Company Overview
TABLE 1 Europe Plant-based API Market, 2019 - 2022, USD Million
TABLE 2 Europe Plant-based API Market, 2023 - 2030, USD Million
TABLE 3 Europe Plant-based API Market by End-use, 2019 - 2022, USD Million
TABLE 4 Europe Plant-based API Market by End-use, 2023 - 2030, USD Million
TABLE 5 Europe Pharmaceuticals Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Pharmaceuticals Market by Country, 2023 - 2030, USD Million
TABLE 7 Europe Nutraceuticals Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Nutraceuticals Market by Country, 2023 - 2030, USD Million
TABLE 9 Europe Herbal Based Industries & Others Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Herbal Based Industries & Others Market by Country, 2023 - 2030, USD Million
TABLE 11 Europe Plant-based API Market by Molecule Type, 2019 - 2022, USD Million
TABLE 12 Europe Plant-based API Market by Molecule Type, 2023 - 2030, USD Million
TABLE 13 Europe Alkaloids Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Alkaloids Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Anthocyanin Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Anthocyanin Market by Country, 2023 - 2030, USD Million
TABLE 17 Europe Flavonoids Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Flavonoids Market by Country, 2023 - 2030, USD Million
TABLE 19 Europe Phenolic Acids Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Phenolic Acids Market by Country, 2023 - 2030, USD Million
TABLE 21 Europe Lignin & Stilbenes Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Lignin & Stilbenes Market by Country, 2023 - 2030, USD Million
TABLE 23 Europe Terpenoids Market by Country, 2019 - 2022, USD Million
TABLE 24 Europe Terpenoids Market by Country, 2023 - 2030, USD Million
TABLE 25 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 27 Europe Plant-based API Market by Country, 2019 - 2022, USD Million
TABLE 28 Europe Plant-based API Market by Country, 2023 - 2030, USD Million
TABLE 29 Germany Plant-based API Market, 2019 - 2022, USD Million
TABLE 30 Germany Plant-based API Market, 2023 - 2030, USD Million
TABLE 31 Germany Plant-based API Market by End-use, 2019 - 2022, USD Million
TABLE 32 Germany Plant-based API Market by End-use, 2023 - 2030, USD Million
TABLE 33 Germany Plant-based API Market by Molecule Type, 2019 - 2022, USD Million
TABLE 34 Germany Plant-based API Market by Molecule Type, 2023 - 2030, USD Million
TABLE 35 UK Plant-based API Market, 2019 - 2022, USD Million
TABLE 36 UK Plant-based API Market, 2023 - 2030, USD Million
TABLE 37 UK Plant-based API Market by End-use, 2019 - 2022, USD Million
TABLE 38 UK Plant-based API Market by End-use, 2023 - 2030, USD Million
TABLE 39 UK Plant-based API Market by Molecule Type, 2019 - 2022, USD Million
TABLE 40 UK Plant-based API Market by Molecule Type, 2023 - 2030, USD Million
TABLE 41 France Plant-based API Market, 2019 - 2022, USD Million
TABLE 42 France Plant-based API Market, 2023 - 2030, USD Million
TABLE 43 France Plant-based API Market by End-use, 2019 - 2022, USD Million
TABLE 44 France Plant-based API Market by End-use, 2023 - 2030, USD Million
TABLE 45 France Plant-based API Market by Molecule Type, 2019 - 2022, USD Million
TABLE 46 France Plant-based API Market by Molecule Type, 2023 - 2030, USD Million
TABLE 47 Russia Plant-based API Market, 2019 - 2022, USD Million
TABLE 48 Russia Plant-based API Market, 2023 - 2030, USD Million
TABLE 49 Russia Plant-based API Market by End-use, 2019 - 2022, USD Million
TABLE 50 Russia Plant-based API Market by End-use, 2023 - 2030, USD Million
TABLE 51 Russia Plant-based API Market by Molecule Type, 2019 - 2022, USD Million
TABLE 52 Russia Plant-based API Market by Molecule Type, 2023 - 2030, USD Million
TABLE 53 Spain Plant-based API Market, 2019 - 2022, USD Million
TABLE 54 Spain Plant-based API Market, 2023 - 2030, USD Million
TABLE 55 Spain Plant-based API Market by End-use, 2019 - 2022, USD Million
TABLE 56 Spain Plant-based API Market by End-use, 2023 - 2030, USD Million
TABLE 57 Spain Plant-based API Market by Molecule Type, 2019 - 2022, USD Million
TABLE 58 Spain Plant-based API Market by Molecule Type, 2023 - 2030, USD Million
TABLE 59 Italy Plant-based API Market, 2019 - 2022, USD Million
TABLE 60 Italy Plant-based API Market, 2023 - 2030, USD Million
TABLE 61 Italy Plant-based API Market by End-use, 2019 - 2022, USD Million
TABLE 62 Italy Plant-based API Market by End-use, 2023 - 2030, USD Million
TABLE 63 Italy Plant-based API Market by Molecule Type, 2019 - 2022, USD Million
TABLE 64 Italy Plant-based API Market by Molecule Type, 2023 - 2030, USD Million
TABLE 65 Rest of Europe Plant-based API Market, 2019 - 2022, USD Million
TABLE 66 Rest of Europe Plant-based API Market, 2023 - 2030, USD Million
TABLE 67 Rest of Europe Plant-based API Market by End-use, 2019 - 2022, USD Million
TABLE 68 Rest of Europe Plant-based API Market by End-use, 2023 - 2030, USD Million
TABLE 69 Rest of Europe Plant-based API Market by Molecule Type, 2019 - 2022, USD Million
TABLE 70 Rest of Europe Plant-based API Market by Molecule Type, 2023 - 2030, USD Million
TABLE 71 Key Information – BASF SE
TABLE 72 Key Information – Cargill, Incorporated
TABLE 73 Key Information – Evonik Industries AG
TABLE 74 key Information – Roquette Freres SA
TABLE 75 Key Information – Arboris, LLC
TABLE 76 Key Information – Centroflora Group
TABLE 77 Key Information – Kothari Phytochemicals & Industries Ltd.
TABLE 78 Key Information – Brains Bioceutical Corp.
TABLE 79 Key Information – Indo Phytochem Pharmaceuticals
TABLE 80 Key Information – HimPharm
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Plant-based API Market share by End-use, 2022
FIG 3 Europe Plant-based API Market share by End-use, 2030
FIG 4 Europe Plant-based API Market by End-use, 2019 - 2030, USD Million
FIG 5 Europe Plant-based API Market share by Molecule Type, 2022
FIG 6 Europe Plant-based API Market share by Molecule Type, 2030
FIG 7 Europe Plant-based API Market by Molecule Type, 2019 - 2030, USD Million
FIG 8 Europe Plant-based API Market share by Country, 2022
FIG 9 Europe Plant-based API Market share by Country, 2030
FIG 10 Europe Plant-based API Market by Country, 2019 - 2030, USD Million
FIG 11 SWOT Analysis: BASF SE