Plant Extracts Market - Forecast(2020 - 2025)
The global plant extract market is estimated to grow at a CAGR of 9.1% during the forecast period of 2018-2023. Phytochemicals are estimated to grow at the fastest rate of 10.7% during the forecast period. The growing awareness among the consumers regarding the health benefits and efficacy of naturally derived products is raising the market demand. What is a Plant Extract A plant extract is a substance or an active with desirable properties that is removed from the tissue of a plant, usually by treating it with a solvent, to be used for a particular purpose. Extracts may be used in various sectors of activities : Food and functional properties for foodstuffs (antioxidant, texturizer, etc…), Processing aids, additives – chemical replacers, pharmaceutical for therapeutic properties - preventive and/or curative – cosmetic for functional properties for beauty and well-being, etc Most common are Water, Ethanol, Ethyl acetate, CO2, Methanol, Aceton, Acetic acid, Hexane… the choice of the so...