Botanical extracts are defined as organic extracts taken from plant sources, including flowers, herbs, leaves, spices, etc. Various botanical extracts are used nowadays in conventional medicines due to their therapeutic properties in healing many diseases and natural cosmetics.

Increasing demand for readymade and on-the-go food products is projected to fuel the botanical extract market's growth. Manufacturers over the food industry are replacing the raw materials which consumers consider to be synthetic. Also, consumers are changing their preferences from artificial ingredients to healthy and natural ingredients, further predicted to support the botanical extract market in the projected years. This is a significant move towards focusing on the perfect balance between health and taste.  The rising adoption of international cuisines is also one of the key factors resulting in botanical extracts' growth in terms of value.

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Moreover, discovering and promoting new spices and herbs regarding the changing consumption trends of consumers and growing application of botanical extracts further generate opportunities for the botanical extracts market growth.

The Botanical Extracts Market research report titled "Botanical Extracts Market by Source, Form, Application, and Geography – Global Forecast up to 2026."

The top-notch companies in the botanical extracts market include Blue Sky Botanics Ltd, Ransom Naturals Ltd, Synthite Industries Private Ltd., Frutarom Industries Ltd., and P.T. Haldin Pacific Semesta.

North America is commanding the botanical extracts market. This is because of the growth in consumers' consciousness about the benefits of consuming food and beverages that include natural ingredients without added flavors and synthetic ingredients. The government initiatives to promote the botanical extracts in various applications support market growth in this region.

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The report consists of 98 Tables and 68 charts depicting the in-depth market study and the impact analysis of COVID-19. View detailed TOC here.

Botanical Extracts Market on the bases of Source

• Spices
• Herbs
• Flowers
• Tea leaves

Botanical Extracts Market on the basis of Form

• Powder
• Liquid

Botanical Extracts Market on the basis of Application

• Food

• Bakery & confectionery
• Sauces and dressings

• Beverages

• Alcoholic beverages
• Carbonated soft drinks
• Ice tea
• Flavored dairy products

Botanical Extracts Market on the bases of Geography

• North America
• Europe
• Asia Pacific
• Rest of the World