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Report
Asia Pacific Plant Extracts Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Form (Liquid, Powder, and Paste), Source (Fruits and Vegetables, Herbs and Spices, Flowers, and Others), and Application (Food and Beverages, Pharmaceuticals and Nutraceuticals, Personal Care, and Others)
Market Report I 2022-09-07 I 139 Pages I The Insight Partners
The plant extracts market in Asia Pacific is expected to grow from US$ 11,659.87 million in 2022 to US$ 18,449.66 million by 2028; it is estimated to grow at a CAGR of 7.9% from 2022 to 2028.
The demand for herbal products is increasing among consumers. Herbal and natural products are considered as healthier alternatives to synthetic products. Plant extracts are used in the manufacturing of herbal food and beverages, herbal medicines, and herbal cosmetic products. Moreover, the demand for herbal products is increasing due to the rising awareness about the therapeutic properties of herbs. Plant extracts are primarily added to cosmetic formulations due to their antioxidant, anti-inflammatory, antiseptic, and antimicrobial properties. The demand for herbal cosmetics and personal care products is increasing. Herbal cosmetics products are claimed to have efficacy and intrinsic acceptability as consumers routinely use these products in daily life over synthetic products to avoid the side effects. Manufacturers are also developing strategies to invest in the cosmetics industry. Thus, the increasing demands for herbal skin care products are driving the growth of the plant extracts market.
Asia Pacific Plant Extracts Market Revenue and Forecast to 2028 (US$ Million)
Asia Pacific Plant Extracts Market Segmentation
The Asia Pacific plant extracts market is segmented on the basis of form, source, application, and country. Based on form, the market is segmented into liquid, powder, and paste. The liquid segment dominated the market in 2022. Based on source, the market is segmented into fruits and vegetables, herbs and spices, flowers, and others. The herbs and spices segment dominated the market in 2022. Based on application, the Asia Pacific plant extracts market is segmented into food and beverages, pharmaceuticals and nutraceuticals, personal care, and others. The food and beverages segment dominated the market in 2022. Based on country, the Asia Pacific plant extracts market is segmented into the China, Japan, India, Australia, South Korea, and the rest of Asia Pacific. Further, China dominated the market in 2022.
A few of the key players dominating the Asia Pacific plant extracts market are Dohler; Givaudan S.A.; Indesso; Ingredion Inc.; International Flavors & Fragrances, Inc.; Kemin Industries, Inc.; Kerry Group Plc; Sensient Technologies Corporation; Symrise; and Synergy Flavors.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
4. APAC Plant Extracts Market Landscape
4.1 Market Overview
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Expert Opinion
4.4 Ecosystem Analysis
5. APAC Plant Extracts Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Demand for Natural Ingredients in Food and Beverages
5.1.2 Growing Inclination toward Herbal Products
5.2 Market Restraints
5.2.1 Regulatory Issues
5.3 Market Opportunities
5.3.1 Strategic Development Initiatives by Manufacturers
5.4 Future Trends
5.4.1 Increasing Veganism Trend
5.5 Impact Analysis of Drivers and Restraints
6. Plant Extracts Market - APAC Analysis
6.1 APAC Plant Extracts Market Overview
6.2 APAC Plant Extracts Market -Revenue and Forecast to 2028 (US$ Million)
7. APAC Plant Extracts Market Analysis - By Form
7.1 Overview
7.2 APAC Plant Extracts Market, By Form (2021 and 2028)
7.3 Liquid
7.3.1 Overview
7.3.2 Liquid: APAC Plant Extracts Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Powder
7.4.1 Overview
7.4.2 Powder: APAC Plant Extracts Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Paste
7.5.1 Overview
7.5.2 Paste: APAC Plant Extracts Market - Revenue and Forecast to 2028 (US$ Million)
8. APAC Plant Extracts Market Analysis - By Source
8.1 Overview
8.2 APAC Plant Extracts Market, By Source (2021 and 2028)
8.3 Fruits and Vegetables
8.3.1 Overview
8.3.2 Fruits and Vegetables: APAC Plant Extracts Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Herbs and Spices
8.4.1 Overview
8.4.2 Herbs and Spices: APAC Plant Extracts Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Flowers
8.5.1 Overview
8.5.2 Flowers: APAC Plant Extracts Market - Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: APAC Plant Extracts Market - Revenue and Forecast to 2028 (US$ Million)
9. APAC Plant Extracts Market Analysis - By Application
9.1 Overview
9.2 APAC Plant Extracts Market, By Application (2021 and 2028)
9.3 Food and Beverages
9.3.1 Overview
9.3.2 Food and Beverages: APAC Plant Extracts Market- Revenue and Forecast to 2028 (US$ Million)
9.4 Pharmaceuticals and Nutraceuticals
9.4.1 Overview
9.4.2 Pharmaceuticals and Nutraceuticals: APAC Plant Extracts Market- Revenue and Forecast to 2028 (US$ Million)
9.5 Personal Care
9.5.1 Overview
9.5.2 Personal Care: APAC Plant Extracts Market- Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: APAC Plant Extracts Market- Revenue and Forecast to 2028 (US$ Million)
10. APAC Plant Extracts Market - Country Analysis
10.1 Overview
10.1.1 APAC: Plant Extracts Market, by Key Country
10.1.1.1 Australia: Plant Extracts Market -Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Australia: Plant Extracts Market, by Form
10.1.1.1.2 Australia: Plant Extracts Market, by Source
10.1.1.1.3 Australia: Plant Extracts Market, by Application
10.1.1.2 China: Plant Extracts Market -Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 China: Plant Extracts Market, by Form
10.1.1.2.2 China: Plant Extracts Market, by Source
10.1.1.2.3 China: Plant Extracts Market, by Application
10.1.1.3 India: Plant Extracts Market -Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 India: Plant Extracts Market, by Form
10.1.1.3.2 India: Plant Extracts Market, by Source
10.1.1.3.3 India: Plant Extracts Market, by Application
10.1.1.4 Japan: Plant Extracts Market -Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Japan: Plant Extracts Market, by Form
10.1.1.4.2 Japan: Plant Extracts Market, by Source
10.1.1.4.3 Japan: Plant Extracts Market, by Application
10.1.1.5 South Korea: Plant Extracts Market -Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 South Korea: Plant Extracts Market, by Form
10.1.1.5.2 South Korea: Plant Extracts Market, by Source
10.1.1.5.3 South Korea: Plant Extracts Market, by Application
10.1.1.6 Rest of APAC: Plant Extracts Market -Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of APAC: Plant Extracts Market, by Form
10.1.1.6.2 Rest of APAC: Plant Extracts Market, by Source
10.1.1.6.3 Rest of APAC: Plant Extracts Market, by Application
11. Industry Landscape
11.1 Overview
11.2 Product launch
11.3 Merger & Acquisition
11.4 Expansion
11.5 Partnership
11.6 Company News
12. Company Profiles
12.1 Sensient Technologies Corporation
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Givaudan S.A.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Symrise
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Dohler
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Indesso
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Synergy Flavors
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 International Flavors and Fragrances Inc.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Kerry Group Plc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Ingredion Inc.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Kemin Industries, Inc.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. APAC Plant Extracts Market -Revenue and Forecast to 2028 (US$ Million)
Table 2. Australia Plant Extracts Market, by Form- Revenue and Forecast to 2028 (US$ Million)
Table 3. Australia Plant Extracts Market, by Source - Revenue and Forecast to 2028 (US$ Million)
Table 4. Australia Plant Extracts Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 5. China Plant Extracts Market, by Form - Revenue and Forecast to 2028 (US$ Million)
Table 6. China Plant Extracts Market, by Source - Revenue and Forecast to 2028 (US$ Million)
Table 7. China Plant Extracts Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 8. India Plant Extracts Market, by Form - Revenue and Forecast to 2028 (US$ Million)
Table 9. India Plant Extracts Market, by Source - Revenue and Forecast to 2028 (US$ Million)
Table 10. India Plant Extracts Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 11. Japan Plant Extracts Market, by Form - Revenue and Forecast to 2028 (US$ Million)
Table 12. Japan Plant Extracts Market, by Source - Revenue and Forecast to 2028 (US$ Million)
Table 13. Japan Plant Extracts Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 14. South Korea Plant Extracts Market, by Form - Revenue and Forecast to 2028 (US$ Million)
Table 15. South Korea Plant Extracts Market, by Source - Revenue and Forecast to 2028 (US$ Million)
Table 16. South Korea Plant Extracts Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of APAC Plant Extracts Market, by Form - Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of APAC Plant Extracts Market, by Source - Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of APAC Plant Extracts Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 20. List of Abbreviation
LIST OF FIGURES
Figure 1. APAC Plant Extracts Market Segmentation
Figure 2. APAC Plant Extracts Market Segmentation - By Country
Figure 3. APAC Plant Extracts Market Overview
Figure 4. APAC Plant Extracts Market: By Form
Figure 5. APAC Plant Extracts Market: By Country
Figure 6. Porter's Five Forces Analysis
Figure 7. Expert Opinion
Figure 8. Ecosystem: APAC Plant Extracts Market
Figure 9. Sign Ups for Veganuary Campaign During 2015-2021
Figure 10. APAC Plant Extracts Market Impact Analysis of Drivers and Restraints
Figure 11. APAC Plant Extracts Market - Revenue and Forecast to 2028 (US$ Million)
Figure 12. APAC Plant Extracts Market Revenue Share, By Form (2021 and 2028)
Figure 13. Liquid: APAC Plant Extracts Market - Revenue and Forecast to 2028 (US$ Million)
Figure 14. Powder: APAC Plant Extracts Market - Revenue and Forecast to 2028 (US$ Million)
Figure 15. Paste: APAC Plant Extracts Market - Revenue and Forecast to 2028 (US$ Million)
Figure 16. APAC Plant Extracts Market Revenue Share, By Source (2021 and 2028)
Figure 17. Fruits and Vegetables: APAC Plant Extracts Market - Revenue and Forecast to 2028 (US$ Million)
Figure 18. Herbs and Spices: APAC Plant Extracts Market - Revenue and Forecast to 2028 (US$ Million)
Figure 19. Flowers: APAC Plant Extracts Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. Others: APAC Plant Extracts Market - Revenue and Forecast to 2028 (US$ Million)
Figure 21. APAC Plant Extracts Market Revenue Share, By Application (2021 and 2028)
Figure 22. Food and Beverages: APAC Plant Extracts Market- Revenue and Forecast to 2028 (US$ Million)
Figure 23. Pharmaceuticals and Nutraceuticals: APAC Plant Extracts Market- Revenue and Forecast to 2028 (US$ Million)
Figure 24. Personal Care: APAC Plant Extracts Market- Revenue and Forecast to 2028 (US$ Million)
Figure 25. Others: APAC Plant Extracts Market- Revenue and Forecast to 2028 (US$ Million)
Figure 26. APAC: Plant Extracts Market, by key Country- Revenue (2021) (US$ Million)
Figure 27. APAC: Plant Extracts Market Revenue Share, by Key Country (2021 and 2028)
Figure 28. Australia: Plant Extracts Market -Revenue and Forecast to 2028 (US$ Million)
Figure 29. China: Plant Extracts Market -Revenue and Forecast to 2028 (US$ Million)
Figure 30. India: Plant Extracts Market -Revenue and Forecast to 2028 (US$ Million)
Figure 31. Japan: Plant Extracts Market -Revenue and Forecast to 2028 (US$ Million)
Figure 32. South Korea: Plant Extracts Market -Revenue and Forecast to 2028 (US$ Million)
Figure 33. Rest of APAC: Plant Extracts Market -Revenue and Forecast to 2028 (US$ Million)
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