Report

TABLE OF CONTENTS
1 INTRODUCTION 25
1.1 OBJECTIVES OF THE STUDY 25
1.2 MARKET DEFINITION 25
1.3 OVERVIEW OF NORTH AMERICA BOTANICAL EXTRACT MARKET 25
1.4 LIMITATIONS 27
1.5 MARKETS COVERED 27
2 MARKET SEGMENTATION 31
2.1 MARKETS COVERED 31
2.2 GEOGRAPHICAL SCOPE 32
2.3 YEARS CONSIDERED FOR THE STUDY 33
2.4 CURRENCY AND PRICING 33
2.5 DBMR TRIPOD DATA VALIDATION MODEL 34
2.6 MULTIVARIATE MODELLING 37
2.7 PRODUCT TYPE LIFELINE CURVE 37
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 38
2.9 DBMR MARKET POSITION GRID 39
2.10 VENDOR SHARE ANALYSIS 41
2.11 IMPORT-EXPORT DATA 42
2.12 MARKET APPLICATION COVERAGE GRID 43
2.13 SECONDARY SOURCES 44
2.14 ASSUMPTIONS 44
3 EXECUTIVE SUMMARY 45
4 PREMIUM INSIGHTS 47
4.1 CERTIFICATIONS 48
4.2 COMPARATIVE ANALYSIS WITH PARENT MARKET 50
4.3 EXTRACTION PROCESS: 51
4.4 IMPORT-EXPORT SCENARIO 53
4.5 LIST OF SUBSTITUTES IN THE MARKET: 54
4.6 MARKETING STRATEGY 55
4.7 PRODUCTION AND CONSUMPTION PATTERN 56
4.8 SUPPLY CHAIN ANALYSIS 57
4.8.1 RAW MATERIAL PROCUREMENT 57
4.8.2 MANUFACTURING 57
4.8.3 MARKETING AND DISTRIBUTION 57
4.8.4 END-USER 58
4.9 VALUE CHAIN OF BOTANICAL EXTRACT 59
4.10 RAW MATERIAL PRICING ANALYSIS: 61
5 REGULATIONS 62
5.1 THE WHO TRADITIONAL MEDICINE PROGRAMME 62
5.2 INTERNATIONAL UNION OF BIOLOGICAL SCIENCES (IUBS) 62
5.3 THE BRITISH HERBAL MEDICINE ASSOCIATION 62
5.4 EUROPAM: THE EUROPEAN HERB GROWERS ASSOCIATION 63
5.5 NATIONAL MEDICINAL PLANTS BOARD 63
5.6 REGULATION ON HERBAL PRODUCTS USED AS MEDICINE AROUND THE WORLD 63
6 MARKET OVERVIEW 64
6.1 DRIVERS 66
6.1.1 GROWING USAGE OF BOTANICAL EXTRACT IN FOOD & BEVERAGES INDUSTRIES 66
6.1.2 RISING USAGE OF BOTANICAL EXTRACT IN PHARMACEUTICAL AND PERSONAL CARE & COSMETICS INDUSTRIES 67
6.1.3 INCREASING DISPOSABLE INCOME IN EMERGING ECONOMIES 67
6.1.4 INCREASING DEMAND FOR CLEAN LABEL PRODUCTS 68
6.2 RESTRAINTS 69
6.2.1 STRINGENT GOVERNMENT REGULATION OF BOTANICAL EXTRACT 69
6.2.2 CONTINUOUS FLUCTUATION IN PRICES OF RAW MATERIALS 69
6.3 OPPORTUNITIES 70
6.3.1 GROWING DEMAND FOR THE DIETARY SUPPLEMENTS 70
6.3.2 RISE IN THE FREQUENCY OF BOTANICAL EXTRACT-BASED PRODUCT LAUNCHES 71
6.3.3 GROWTH IN INVESTMENTS, COLLABORATIONS AND MERGERS IN BOTANICAL EXTRACT BUSINESS 71
6.4 CHALLENGES 72
6.4.1 AVAILABILITY OF EASY SUBSTITUTES 72
6.4.2 HIGH COST OF THE PRODUCTS 72
7 NORTH AMERICA BOTANICAL EXTRACTS MARKET, BY TYPE 73
7.1 OVERVIEW 74
7.2 SPICE EXTRACTS 75
7.2.1 PUNGENT SPICES 76
7.2.1.1 GINGER 76
7.2.1.2 CAPSICUM 77
7.2.1.3 BLACK AND WHITE PEPPER 77
7.2.1.4 MUSTARD 77
7.2.1.5 HORSERADISH 77
7.2.1.6 OTHERS 77
7.2.2 AROMATIC SPECIES 77
7.2.2.1 CARDAMOM 78
7.2.2.2 CORIANDER 78
7.2.2.3 CUMIN 78
7.2.2.4 DILL 78
7.2.2.5 CELERY 78
7.2.2.6 CASSIA 78
7.2.2.7 CARAWAY 78
7.2.2.8 OTHERS 78
7.2.3 AROMATIC VEGETABLES 79
7.2.3.1 GARLIC 79
7.2.3.2 ONION 79
7.2.3.3 OTHERS 79
7.2.4 TURMERIC 79
7.2.5 OTHERS 79
7.3 HERB EXTRACTS 80
7.3.1 SAGE 81
7.3.2 MINT 81
7.3.3 THYME 81
7.3.4 BASIL 81
7.3.5 OREGANO 81
7.3.6 MARJORAM 81
7.3.7 OTHERS 82
7.4 FLOWER EXTRACTS 82
7.4.1 ROSEMARY 83
7.4.2 JASMINE 83
7.4.3 LAVENDER 83
7.4.4 ORANGE BLOSSOMS 83
7.4.5 MALLOW 83
7.4.6 BANABA 83
7.4.7 OTHERS 84
7.5 TEA EXTRACTS 84
7.5.1 GREEN TEA 85
7.5.2 WHITE TEA 85
7.5.3 BLACK TEA 85
7.5.4 OOLONG 85
7.5.5 ASSAM 85
7.5.6 DARJEELING 85
7.5.7 OTHERS 86
7.6 FRUIT EXTRACTS 86
7.6.1 RASPBERRY 87
7.6.2 STRAWBERRY 87
7.6.3 CRANBERRY 87
7.6.4 POMEGRANATE 87
7.6.5 PAPAYA 87
7.6.6 GRAPEFRUIT 88
7.6.7 VANILLA 88
7.6.8 COCOA 88
7.6.9 COFFEE 88
7.6.10 OTHERS 88
7.7 MARINE PLANT EXTRACTS 88
8 NORTH AMERICA BOTANICAL EXTRACTS MARKET, BY FORM 89
8.1 OVERVIEW 90
8.2 POWDER 91
8.3 LIQUID 91
8.4 LEAF EXTRACT 92
9 NORTH AMERICA BOTANICAL EXTRACTS MARKET, BY PRODUCT TYPE: 93
9.1 OVERVIEW 94
9.2 ORGANIC 95
9.3 CONVENTIONAL 96
10 NORTH AMERICA BOTANICAL EXTRACTS MARKET, BY APPLICATION 97
10.1 OVERVIEW 98
10.2 FOOD PRODUCTS 99
10.2.1 DAIRY PRODUCTS 101
10.2.1.1 ICE- CREAM 101
10.2.1.2 CHEESE 101
10.2.1.3 YOGHURT 101
10.2.1.4 CREAMS 101
10.2.1.5 SPREAD 101
10.2.1.6 OTHERS 102
10.2.2 BAKERY PRODUCTS 102
10.2.2.1 CAKES & PASTRIES 102
10.2.2.2 BISCUITS & COOKIES 102
10.2.2.3 BREADS 102
10.2.2.4 MUFFINS 102
10.2.2.5 OTHERS 103
10.2.3 CHOCOLATE & CONFECTIONARY 103
10.2.3.1 CANDIES 103
10.2.3.2 LIQUORICE 103
10.2.3.3 MARSHMALLOWS 103
10.2.3.4 CHEWING GUM 103
10.2.3.5 OTHERS 104
10.2.4 PROCESSED MEAT PRODUCTS 104
10.2.4.1 POULTRY 104
10.2.4.2 BEEF 104
10.2.4.3 PORK 104
10.2.4.4 OTHERS 104
10.2.5 CONVENIENCE FOOD 105
10.2.5.1 SEASONING & DRESSINGS 105
10.2.5.2 READY TO EAT PRODUCTS 105
10.2.5.3 SOUPS & SAUCES 105
10.2.5.4 NOODLES & PASTA 105
10.2.5.5 PICKLES 105
10.2.5.6 OTHERS 106
10.2.6 PROCESSED FOODS 106
10.2.7 SEA FOOD PRODUCTS 106
10.2.8 SNACKS 106
10.2.9 INFANT FORMULA 106
10.2.10 OTHERS 106
10.3 SPORT NUTRITION 106
10.4 BEVERAGES 107
10.4.1 ALCOHOLIC BEVERAGES 108
10.4.1.1 BEER 108
10.4.1.2 SPIRIT 108
10.4.1.3 WINE 108
10.4.1.4 OTHERS 108
10.4.2 NON- ALCOHOLIC BEVERAGES 108
10.4.2.1 RTD TEA 109
10.4.2.2 SOFT DRINKS 109
10.4.2.3 DAIRY DRINKS 109
10.4.2.4 FRUIT JUICES 109
10.4.2.5 RTD COFFEE 109
10.4.2.6 FLAVORED DRINKS 109
10.4.2.7 OTHERS 110
10.5 PHARMACEUTICAL 110
10.5.1 DIGESTIVE HEALTH 111
10.5.2 VASCULAR HEALTH 111
10.5.3 IMMUNE HEALTH 111
10.5.4 BONE HEALTH 111
10.5.5 OBESITY 111
10.5.6 STRESS & ANXIETY 111
10.5.7 COGNITIVE HEALTH 111
10.5.8 OTHERS 111
10.6 NUTRACEUTICALS 112
10.6.1 LIQUID 112
10.6.2 POWDER 112
10.6.3 CAPSULES 112
10.7 PERSONAL CARE & COSMETICS 113
10.7.1 SKIN CARE 113
10.7.2 HAIR CARE 114
10.7.3 OTHERS 114
10.8 AROMATHERAPY 114
10.9 ANIMAL FEED 114
10.9.1 PET 115
10.9.2 POULTRY 115
10.9.3 SWINE 115
10.9.4 RUMINANTS 115
10.9.5 AQUACULTURE 115
10.9.6 OTHERS 116
10.10 OTHERS 116
11 NORTH AMERICA BOTANICAL EXTRACT MARKET BY GEOGRAPHY 117
11.1 NORTH AMERICA 117
11.1.1 U.S. 130
11.1.2 MEXICO 139
11.1.3 CANADA 149
12 NORTH AMERICA BOTANICAL EXTRACT MARKET: COMPANY LANDSCAPE 159
12.1 COMPANY SHARE ANALYSIS: NORTH AMERICA 159
12.2 MERGER AND ACQUISITION 160
12.3 EXPANSION 160
12.4 NEW PRODUCT DEVELOPMENTS 161
12.5 PARTNERSHIPS 162
12.6 EXPANSION 163
12.7 EXHIBITION, CERTIFICATION AND AWARDS 164
13 SWOT ANALYSIS 165
14 COMPANY PROFILE 166
14.1 SENSIENT TECHNOLOGIES CORPORATION 166
14.1.1 COMPANY SNAPSHOT 166
14.1.2 REVENUE ANALYSIS 166
14.1.3 PRODUCT PORTFOLIO 167
14.1.4 RECENT DEVELOPMENT 167
14.2 GIVAUDAN 168
14.2.1 COMPANY SNAPSHOT 168
14.2.2 REVENUE ANALYSIS 168
14.2.3 PRODUCT PORTFOLIO 169
14.2.4 RECENT DEVELOPMENT 169
14.3 INTERNATIONAL FLAVORS & FRAGRANCES INC. 171
14.3.1 COMPANY SNAPSHOT 171
14.3.2 REVENUE ANALYSIS 171
14.3.3 PRODUCT PORTFOLIO 172
14.3.4 RECENT DEVELOPMENTS 172
14.4 KERRY GROUP PLC 173
14.4.1 COMPANY SNAPSHOT 173
14.4.2 REVENUE ANALYSIS 173
14.4.3 PRODUCT PORTFOLIO 174
14.4.4 RECENT DEVELOPMENT 174
14.5 SYMRISE 175
14.5.1 COMPANY SNAPSHOT 175
14.5.2 REVENUE ANALYSIS 175
14.5.3 PRODUCT PORTFOLIO 176
14.5.4 RECENT DEVELOPMENT 177

14.6 INGREDION INCORPORATED 178
14.6.1 COMPANY SNAPSHOT 178
14.6.2 REVENUE ANALYSIS 178
14.6.3 PRODUCT PORTFOLIO 179
14.6.4 RECENT DEVELOPMENTS 179
14.7 SYNTHITE INDUSTRIES LTD. 181
14.7.1 COMPANY SNAPSHOT 181
14.7.2 PRODUCT PORTFOLIO 181
14.7.3 RECENT DEVELOPMENT 182
14.8 DOHLER 183
14.8.1 COMPANY SNAPSHOT 183
14.8.2 PRODUCT PORTFOLIO 183
14.8.3 RECENT DEVELOPMENT 184
14.9 DSM 185
14.9.1 COMPANY SNAPSHOT 185
14.9.2 REVENUE ANALYSIS 185
14.9.3 PRODUCT PORTFOLIO 186
14.9.4 RECENT DEVELOPMENT 186
14.10 KALSEC INC. 187
14.10.1 COMPANY SNAPSHOT 187
14.10.2 PRODUCT PORTFOLIO 187
14.10.3 RECENT DEVELOPMENTS 188
14.11 BLUE SKY BOTANICS 189
14.11.1 COMPANY SNAPSHOT 189
14.11.2 PRODUCT PORTFOLIO 189
14.11.3 RECENT DEVELOPMENT 190
14.12 BIO BOTANICA, INC. 191
14.12.1 COMPANY SNAPSHOT 191
14.12.2 PRODUCT PORTFOLIO 191
14.12.3 RECENT DEVELOPMENT 195
14.13 BIO-GEN EXTRACTS PRIVATE LIMITED 196
14.13.1 COMPANY SNAPSHOT 196
14.13.2 PRODUCT PORTFOLIO 196
14.13.3 RECENT DEVELOPMENT 196
14.14 CARRUBBA INC 197
14.14.1 COMPANY SNAPSHOT 197
14.14.2 PRODUCT PORTFOLIO 197
14.14.3 RECENT DEVELOPMENT 197
14.15 MARTIN BAUER GROUP 198
14.15.1 COMPANY SNAPSHOT 198
14.15.2 PRODUCT PORTFOLIO 198
14.15.3 RECENT DEVELOPMENT 198
14.16 MCCORMICK & COMPANY, INC. 199
14.16.1 COMPANY SNAPSHOT 199
14.16.2 RECENT FINANCIALS 199
14.16.3 PRODUCT PORTFOLIO 200
14.16.4 RECENT DEVELOPMENTS 200
14.17 NATIVE EXTRACTS PTY LTD 202
14.17.1 COMPANY SNAPSHOT 202
14.17.2 PRODUCT PORTFOLIO 202
14.17.3 RECENT DEVELOPMENT 202
14.18 ORGANIC HERBS INC 203
14.18.1 COMPANY SNAPSHOT 203
14.18.2 PRODUCT PORTFOLIO 203
14.18.3 RECENT DEVELOPMENT 203
14.19 PLANTNAT 204
14.19.1 COMPANY SNAPSHOT 204
14.19.2 PRODUCT PORTFOLIO 204
14.19.3 RECENT DEVELOPMENT 205
14.20 PROVITAL 206
14.20.1 COMPANY SNAPSHOT 206
14.20.2 PRODUCT PORTFOLIO 206
14.20.3 RECENT DEVELOPMENT 207
15 QUESTIONNAIRE 208
16 RELATED REPORTS 211