Global Herbs & Spice Extracts Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Herbs & Spice Extracts Market is presumed to reach the market size of nearly USD 22.53 Billion by 2032 from USD 11.05 Billion in 2023 with a CAGR of 8.23% under the study period 2024 - 2032.

Herbs and spice extracts are concentrated forms of flavor derived from various herbs and spices. These extracts are obtained through processes like distillation or infusion, capturing the essence of the plant. Commonly used in culinary applications, they add depth and complexity to dishes, beverages, and food products, providing convenient ways to incorporate natural flavors.

MARKET DYNAMICS

The herbs & spice extracts market is influenced by increasing demand for natural flavors and ingredients in F & B products, the growing consumer interest in ethnic cuisines, and the expanding applications of herbs and spice extracts in pharmaceuticals and personal care products. Herbs and spices have been valued for their culinary and medicinal properties for centuries, and the market is growing as consumers seek authentic and flavorful food experiences. The market also responds to the trend towards clean labels and natural ingredients, with herbs and spice extracts serving as alternatives to artificial flavors and additives. Additionally, the globalization of food cultures and the rising popularity of international cuisines contribute to the demand for a diverse range of herbs and spice extracts in food production. The market's expansion is further fueled by the increasing incorporation of herbs and spices in functional foods and beverages, driven by their perceived health benefits and antioxidant properties. Research and development efforts focusing on innovative extraction techniques and novel applications of herbs and spice extracts also drive the market's growth, expanding their use in pharmaceutical formulations and personal care products.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of herbs & spice extracts. The growth and trends of herbs & spice extracts industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the herbs & spice extracts market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Form

Powder
Liquid
Others

By Product Type

Herb Extracts
Spice Extracts

By Sales Channel

Direct Sales
Indirect Sales

By Application

Food
Beverages
Personal Care
Nutraceuticals
Pharmaceuticals
Others

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Herbs & Spice Extracts market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Herbs & Spice Extracts market include Naturex SA, Kerry Group Plc, Sensient Technologies Corporation, Firmenich SA, Symrise SG, Ajinomoto Co. Inc., Takasago International Corp., Archer Daniels Midland Company, Dohler GmbH, Givaudan SA., and others. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Product Code: VMR112113773

1 . PREFACE

1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology

2 . EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3 . HERBS & SPICE EXTRACTS - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Form
- 3.7.2 Market Attractiveness Analysis By Product Type
- 3.7.3 Market Attractiveness Analysis By Sales Channel
- 3.7.4 Market Attractiveness Analysis By Application
- 3.7.5 Market Attractiveness Analysis By Region

4 . VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1. List of Raw Materials
- 4.2.2. Raw Material Manufactures List
- 4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1. Direct Marketing
- 4.4.2. Indirect Marketing
- 4.4.3. Marketing Channel Development Trend

5 . GLOBAL HERBS & SPICE EXTRACTS MARKET ANALYSIS BY FORM

5.1 Overview by Form
5.2 Historical and Forecast Data
5.3 Analysis by Form
5.4 Powder Historic and Forecast Sales by Regions
5.5 Liquid Historic and Forecast Sales by Regions
5.6 Others Historic and Forecast Sales by Regions

6 . GLOBAL HERBS & SPICE EXTRACTS MARKET ANALYSIS BY PRODUCT TYPE

6.1 Overview by Product Type
6.2 Historical and Forecast Data
6.3 Analysis by Product Type
6.4 Herb Extracts Historic and Forecast Sales by Regions
6.5 Spice Extracts Historic and Forecast Sales by Regions

7 . GLOBAL HERBS & SPICE EXTRACTS MARKET ANALYSIS BY SALES CHANNEL

7.1 Overview by Sales Channel
7.2 Historical and Forecast Data
7.3 Analysis by Sales Channel
7.4 Direct Sales Historic and Forecast Sales by Regions
7.5 Indirect Sales Historic and Forecast Sales by Regions

8 . GLOBAL HERBS & SPICE EXTRACTS MARKET ANALYSIS BY APPLICATION

8.1 Overview by Application
8.2 Historical and Forecast Data
8.3 Analysis by Application
8.4 Food Historic and Forecast Sales by Regions
8.5 Beverages Historic and Forecast Sales by Regions
8.6 Personal Care Historic and Forecast Sales by Regions
8.7 Nutraceuticals Historic and Forecast Sales by Regions
8.8 Pharmaceuticals Historic and Forecast Sales by Regions
8.9 Others Historic and Forecast Sales by Regions

9 . GLOBAL HERBS & SPICE EXTRACTS MARKET ANALYSIS BY GEOGRAPHY

9.1. Regional Outlook
9.2. Introduction
9.3. North America Sales Analysis
- 9.3.1. Overview, Historic and Forecast Data Sales Analysis
- 9.3.2. North America By Segment Sales Analysis
- 9.3.3. North America By Country Sales Analysis
- 9.3.4. United State Sales Analysis
- 9.3.5. Canada Sales Analysis
- 9.3.6. Mexico Sales Analysis
9.4. Europe Sales Analysis
- 9.4.1. Overview, Historic and Forecast Data Sales Analysis
- 9.4.2. Europe by Segment Sales Analysis
- 9.4.3. Europe by Country Sales Analysis
- 9.4.4. United Kingdom Sales Analysis
- 9.4.5. France Sales Analysis
- 9.4.6. Germany Sales Analysis
- 9.4.7. Italy Sales Analysis
- 9.4.8. Russia Sales Analysis
- 9.4.9. Rest Of Europe Sales Analysis
9.5. Asia Pacific Sales Analysis
- 9.5.1. Overview, Historic and Forecast Data Sales Analysis
- 9.5.2. Asia Pacific by Segment Sales Analysis
- 9.5.3. Asia Pacific by Country Sales Analysis
- 9.5.4. China Sales Analysis
- 9.5.5. India Sales Analysis
- 9.5.6. Japan Sales Analysis
- 9.5.7. South Korea Sales Analysis
- 9.5.8. Australia Sales Analysis
- 9.5.9. South East Asia Sales Analysis
- 9.5.10. Rest Of Asia Pacific Sales Analysis
9.6. Latin America Sales Analysis
- 9.6.1. Overview, Historic and Forecast Data Sales Analysis
- 9.6.2. Latin America by Segment Sales Analysis
- 9.6.3. Latin America by Country Sales Analysis
- 9.6.4. Brazil Sales Analysis
- 9.6.5. Argentina Sales Analysis
- 9.6.6. Peru Sales Analysis
- 9.6.7. Chile Sales Analysis
- 9.6.8. Rest of Latin America Sales Analysis
9.7. Middle East & Africa Sales Analysis
- 9.7.1. Overview, Historic and Forecast Data Sales Analysis
- 9.7.2. Middle East & Africa by Segment Sales Analysis
- 9.7.3. Middle East & Africa by Country Sales Analysis
- 9.7.4. Saudi Arabia Sales Analysis
- 9.7.5. UAE Sales Analysis
- 9.7.6. Israel Sales Analysis
- 9.7.7. South Africa Sales Analysis
- 9.7.8. Rest Of Middle East And Africa Sales Analysis

10 . COMPETITIVE LANDSCAPE OF THE HERBS & SPICE EXTRACTS COMPANIES

10.1. Herbs & Spice Extracts Market Competition
10.2. Partnership/Collaboration/Agreement
10.3. Merger And Acquisitions
10.4. New Product Launch
10.5. Other Developments

11 . COMPANY PROFILES OF HERBS & SPICE EXTRACTS INDUSTRY

11.1. Company Share Analysis
11.2. Market Concentration Rate
11.3. Naturex SA
- 11.3.1. Company Overview
- 11.3.2. Company Revenue
- 11.3.3. Products
- 11.3.4. Recent Developments
11.4. Kerry Group Plc
- 11.4.1. Company Overview
- 11.4.2. Company Revenue
- 11.4.3. Products
- 11.4.4. Recent Developments
11.5. Sensient Technologies Corporation
- 11.5.1. Company Overview
- 11.5.2. Company Revenue
- 11.5.3. Products
- 11.5.4. Recent Developments
11.6. Firmenich SA
- 11.6.1. Company Overview
- 11.6.2. Company Revenue
- 11.6.3. Products
- 11.6.4. Recent Developments
11.7. Symrise SG
- 11.7.1. Company Overview
- 11.7.2. Company Revenue
- 11.7.3. Products
- 11.7.4. Recent Developments
11.8. Ajinomoto Co. Inc.
- 11.8.1. Company Overview
- 11.8.2. Company Revenue
- 11.8.3. Products
- 11.8.4. Recent Developments
11.9. Takasago International Corp.
- 11.9.1. Company Overview
- 11.9.2. Company Revenue
- 11.9.3. Products
- 11.9.4. Recent Developments
11.10. Archer Daniels Midland Company
- 11.10.1. Company Overview
- 11.10.2. Company Revenue
- 11.10.3. Products
- 11.10.4. Recent Developments
11.11. Dohler GmbH
- 11.11.1. Company Overview
- 11.11.2. Company Revenue
- 11.11.3. Products
- 11.11.4. Recent Developments
11.12. Givaudan SA.
- 11.12.1. Company Overview
- 11.12.2. Company Revenue
- 11.12.3. Products
- 11.12.4. Recent Developments
11.13. Others
- 11.13.1. Company Overview
- 11.13.2. Company Revenue
- 11.13.3. Products
- 11.13.4. Recent Developments

Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies