The North America Plant Extracts Market would witness market growth of 11.2% CAGR during the forecast period (2022-2028).
Natural sweeteners are often products generated by extracting and treating naturally occurring synthetic sweet ingredients in naturally occurring plants. Low-intensity sweeteners, like sucrose and beet sugar and high-intensity sweeteners, like mogrosides, steviol glycosides, licorice extracts, sweet tea glycosides, and neohesperidin dihydrochalcone can be classified according to their sweetness. The primary trend in the food and beverage sector right now is the substitution of sugar with natural, high-strength sweeteners.
The most important sources of biomolecules that can be filtered from plant components are considered to be plant extracts. These biomolecules can be extracted from medicinal plants using a variety of solvents and extraction techniques. Filtration, Soxhlet, and thorough techniques are frequently used to extract plant extracts and biomolecules from plants. A sufficient number of biomolecules and extracts with superior antimicrobial outcomes must be successfully extracted using a variety of solvents with varied polarity, from polar to nonpolar. The best solvent systems for extracting plant materials are ethyl-aceted, dichloromethane, hexane, chloroform, acetone, butanol, and/or their proper ratio combinations.
The inclusion of plant extracts within food and beverage items in the United States is fueled by the rapid expansion of the regional industry along with a high demand for healthy food. According to the United States Department of Agriculture, in 2017, there were 36,486 food and beverage manufacturing facilities, which were controlled by approximately 31,401 businesses. Utilizing labor, energy, machinery, and scientific knowledge, food and beverage manufacturing facilities turn raw agricultural supplies into goods for final or intermediate consumption. Some goods might be used as raw materials for additional processing. Due to an upsurge in the adoption of plant extracts within regional food and beverage products, the growth of the regional market is expanding rapidly.
The US market dominated the North America Plant Extracts Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $12,897.7 million by 2028. The Canada market is registering a CAGR of 13.7% during (2022 - 2028). Additionally, The Mexico market would showcase a CAGR of 12.7% during (2022 - 2028).
Based on Application, the market is segmented into Food & Beverages, Cosmetics, Pharmaceuticals, Dietary Supplements, and Others. Based on Source, the market is segmented into Herbs & Spices, Fruits & Vegetables, and Flowers. Based on Form, the market is segmented into Dry and Liquid. Based on Product Type, the market is segmented into Oleoresins, Essential Oils, Flavonoids, Alkaloids, Carotenoids, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Plant Extracts Market is Estimated to reach $65.6 Billion by 2028, at a CAGR of 11.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include International Flavors & Fragrances, Inc., Kerry Group PLC, Archer Daniels Midland Company, Carbery Group Ltd., Koninklijke DSM N.V., Döhler Gmbh, Symrise AG, Givaudan S.A., Synthite Industries Pvt. Ltd., and Kalsec Inc.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Food & Beverages
- Cosmetics
- Pharmaceuticals
- Dietary Supplements
- Others
By Source
- Herbs & Spices
- Fruits & Vegetables
- Flowers
By Form
By Product Type
- Oleoresins
- Essential Oils
- Flavonoids
- Alkaloids
- Carotenoids
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- International Flavors & Fragrances, Inc.
- Kerry Group PLC
- Archer Daniels Midland Company
- Carbery Group Ltd.
- Koninklijke DSM N.V.
- Döhler Gmbh
- Symrise AG
- Givaudan S.A.
- Synthite Industries Pvt. Ltd.
- Kalsec Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Plant Extracts Market, by Application
1.4.2 North America Plant Extracts Market, by Source
1.4.3 North America Plant Extracts Market, by Form
1.4.4 North America Plant Extracts Market, by Product Type
1.4.5 North America Plant Extracts 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. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Business Expansion
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Acquisitions and Mergers: 2018, Oct – 2022, Apr) Leading Players
Chapter 4. North America Plant Extracts Market by Application
4.1 North America Food & Beverages Market by Country
4.2 North America Cosmetics Market by Country
4.3 North America Pharmaceuticals Market by Country
4.4 North America Dietary Supplements Market by Country
4.5 North America Others Market by Country
Chapter 5. North America Plant Extracts Market by Source
5.1 North America Herbs & Spices Market by Country
5.2 North America Fruits & Vegetables Market by Country
5.3 North America Flowers Market by Country
Chapter 6. North America Plant Extracts Market by Form
6.1 North America Dry Market by Country
6.2 North America Liquid Market by Country
Chapter 7. North America Plant Extracts Market by Product Type
7.1 North America Oleoresins Market by Country
7.2 North America Essential Oils Market by Country
7.3 North America Flavonoids Market by Country
7.4 North America Alkaloids Market by Country
7.5 North America Carotenoids Market by Country
7.6 North America Others Market by Country
Chapter 8. North America Plant Extracts Market by Country
8.1 US Plant Extracts Market
8.1.1 US Plant Extracts Market by Application
8.1.2 US Plant Extracts Market by Source
8.1.3 US Plant Extracts Market by Form
8.1.4 US Plant Extracts Market by Product Type
8.2 Canada Plant Extracts Market
8.2.1 Canada Plant Extracts Market by Application
8.2.2 Canada Plant Extracts Market by Source
8.2.3 Canada Plant Extracts Market by Form
8.2.4 Canada Plant Extracts Market by Product Type
8.3 Mexico Plant Extracts Market
8.3.1 Mexico Plant Extracts Market by Application
8.3.2 Mexico Plant Extracts Market by Source
8.3.3 Mexico Plant Extracts Market by Form
8.3.4 Mexico Plant Extracts Market by Product Type
8.4 Rest of North America Plant Extracts Market
8.4.1 Rest of North America Plant Extracts Market by Application
8.4.2 Rest of North America Plant Extracts Market by Source
8.4.3 Rest of North America Plant Extracts Market by Form
8.4.4 Rest of North America Plant Extracts Market by Product Type
Chapter 9. Company Profiles
9.1 International Flavors & Fragrances, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segment & Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.5.2 Acquisition and Mergers:
9.2 Kerry Group PLC
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.5.2 Acquisition and Mergers:
9.3 Archer Daniels Midland Company
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Acquisition and Mergers:
9.4 Carbery Group Ltd.
9.4.1 Company Overview
9.4.2 Recent strategies and developments:
9.4.2.1 Acquisition and Mergers:
9.5 Koninklijke DSM N.V.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Acquisition and Mergers:
9.6 Döhler Gmbh
9.6.1 Company Overview
9.6.2 Recent strategies and developments:
9.6.2.1 Acquisition and Mergers:
9.7 Symrise AG
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.7.5.2 Acquisition and Mergers:
9.8 Givaudan S.A.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.5.2 Product Launches and Product Expansions:
9.9 Synthite Industries Pvt. Ltd.
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Business Expansions:
9.10. Kalsec Inc.
9.10.1 Company Overview
TABLE 1 North America Plant Extracts Market, 2018 - 2021, USD Million
TABLE 2 North America Plant Extracts Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Plant Extracts Market
TABLE 4 Product Launches And Product Expansions – Plant Extracts Market
TABLE 5 Acquisition and Mergers – Plant Extracts Market
TABLE 6 Business Expansion – Plant Extracts Market
TABLE 7 North America Plant Extracts Market by Application, 2018 - 2021, USD Million
TABLE 8 North America Plant Extracts Market by Application, 2022 - 2028, USD Million
TABLE 9 North America Food & Beverages Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Food & Beverages Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Cosmetics Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Cosmetics Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Pharmaceuticals Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Pharmaceuticals Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Dietary Supplements Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Dietary Supplements Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Plant Extracts Market by Source, 2018 - 2021, USD Million
TABLE 20 North America Plant Extracts Market by Source, 2022 - 2028, USD Million
TABLE 21 North America Herbs & Spices Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Herbs & Spices Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Fruits & Vegetables Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Fruits & Vegetables Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Flowers Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Flowers Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Plant Extracts Market by Form, 2018 - 2021, USD Million
TABLE 28 North America Plant Extracts Market by Form, 2022 - 2028, USD Million
TABLE 29 North America Dry Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Dry Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Liquid Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Liquid Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Plant Extracts Market by Product Type, 2018 - 2021, USD Million
TABLE 34 North America Plant Extracts Market by Product Type, 2022 - 2028, USD Million
TABLE 35 North America Oleoresins Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Oleoresins Market by Country, 2022 - 2028, USD Million
TABLE 37 North America Essential Oils Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Essential Oils Market by Country, 2022 - 2028, USD Million
TABLE 39 North America Flavonoids Market by Country, 2018 - 2021, USD Million
TABLE 40 North America Flavonoids Market by Country, 2022 - 2028, USD Million
TABLE 41 North America Alkaloids Market by Country, 2018 - 2021, USD Million
TABLE 42 North America Alkaloids Market by Country, 2022 - 2028, USD Million
TABLE 43 North America Carotenoids Market by Country, 2018 - 2021, USD Million
TABLE 44 North America Carotenoids Market by Country, 2022 - 2028, USD Million
TABLE 45 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 46 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 47 North America Plant Extracts Market by Country, 2018 - 2021, USD Million
TABLE 48 North America Plant Extracts Market by Country, 2022 - 2028, USD Million
TABLE 49 US Plant Extracts Market, 2018 - 2021, USD Million
TABLE 50 US Plant Extracts Market, 2022 - 2028, USD Million
TABLE 51 US Plant Extracts Market by Application, 2018 - 2021, USD Million
TABLE 52 US Plant Extracts Market by Application, 2022 - 2028, USD Million
TABLE 53 US Plant Extracts Market by Source, 2018 - 2021, USD Million
TABLE 54 US Plant Extracts Market by Source, 2022 - 2028, USD Million
TABLE 55 US Plant Extracts Market by Form, 2018 - 2021, USD Million
TABLE 56 US Plant Extracts Market by Form, 2022 - 2028, USD Million
TABLE 57 US Plant Extracts Market by Product Type, 2018 - 2021, USD Million
TABLE 58 US Plant Extracts Market by Product Type, 2022 - 2028, USD Million
TABLE 59 Canada Plant Extracts Market, 2018 - 2021, USD Million
TABLE 60 Canada Plant Extracts Market, 2022 - 2028, USD Million
TABLE 61 Canada Plant Extracts Market by Application, 2018 - 2021, USD Million
TABLE 62 Canada Plant Extracts Market by Application, 2022 - 2028, USD Million
TABLE 63 Canada Plant Extracts Market by Source, 2018 - 2021, USD Million
TABLE 64 Canada Plant Extracts Market by Source, 2022 - 2028, USD Million
TABLE 65 Canada Plant Extracts Market by Form, 2018 - 2021, USD Million
TABLE 66 Canada Plant Extracts Market by Form, 2022 - 2028, USD Million
TABLE 67 Canada Plant Extracts Market by Product Type, 2018 - 2021, USD Million
TABLE 68 Canada Plant Extracts Market by Product Type, 2022 - 2028, USD Million
TABLE 69 Mexico Plant Extracts Market, 2018 - 2021, USD Million
TABLE 70 Mexico Plant Extracts Market, 2022 - 2028, USD Million
TABLE 71 Mexico Plant Extracts Market by Application, 2018 - 2021, USD Million
TABLE 72 Mexico Plant Extracts Market by Application, 2022 - 2028, USD Million
TABLE 73 Mexico Plant Extracts Market by Source, 2018 - 2021, USD Million
TABLE 74 Mexico Plant Extracts Market by Source, 2022 - 2028, USD Million
TABLE 75 Mexico Plant Extracts Market by Form, 2018 - 2021, USD Million
TABLE 76 Mexico Plant Extracts Market by Form, 2022 - 2028, USD Million
TABLE 77 Mexico Plant Extracts Market by Product Type, 2018 - 2021, USD Million
TABLE 78 Mexico Plant Extracts Market by Product Type, 2022 - 2028, USD Million
TABLE 79 Rest of North America Plant Extracts Market, 2018 - 2021, USD Million
TABLE 80 Rest of North America Plant Extracts Market, 2022 - 2028, USD Million
TABLE 81 Rest of North America Plant Extracts Market by Application, 2018 - 2021, USD Million
TABLE 82 Rest of North America Plant Extracts Market by Application, 2022 - 2028, USD Million
TABLE 83 Rest of North America Plant Extracts Market by Source, 2018 - 2021, USD Million
TABLE 84 Rest of North America Plant Extracts Market by Source, 2022 - 2028, USD Million
TABLE 85 Rest of North America Plant Extracts Market by Form, 2018 - 2021, USD Million
TABLE 86 Rest of North America Plant Extracts Market by Form, 2022 - 2028, USD Million
TABLE 87 Rest of North America Plant Extracts Market by Product Type, 2018 - 2021, USD Million
TABLE 88 Rest of North America Plant Extracts Market by Product Type, 2022 - 2028, USD Million
TABLE 89 Key information – International Flavors & Fragrances, Inc.
TABLE 90 Key Information – Kerry Group PLC
TABLE 91 key Information – Archer Daniels Midland Company
TABLE 92 Key Information – Carbery Group Ltd.
TABLE 93 Key Information – Koninklijke DSM N.V.
TABLE 94 Key Information – Döhler Gmbh
TABLE 95 key Information – Symrise AG
TABLE 96 key Information – Givaudan S.A.
TABLE 97 Key Information – Synthite Industries Pvt. Ltd
TABLE 98 Key Information – Kalsec Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Acquisitions and Mergers: 2018, Oct – 2022, Apr) Leading Players
FIG 5 Recent strategies and developments: International Flavors & Fragrances, Inc.
FIG 6 Recent strategies and developments: Symrise AG
FIG 7 Recent strategies and developments: Givaudan S.A.