Herbal Extract Market is Anticipated to Witness High Growth Owing to Rising Demand for Natural Ingredients
Herbal Extract Market The herbal extract market has witnessed significant growth over the past few years owing to high demand for nutritional and herbal supplements among consumers. Herbal extracts are generally used as natural ingredients in the pharmaceutical, food & beverages, and cosmetic industries. Herbal extracts offer various health benefits such as immune system support, reduced inflammation, blood sugar control, and antiviral properties. The rising awareness about preventive healthcare has boosted the adoption of natural and herbal ingredients. The Global herbal extract market is estimated to be valued at US$ 41.8 BN in 2024 and is expected to exhibit a CAGR of 7.0% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the herbal extract market are Botanic Healthcare, VIDYA HERBS Pvt. Ltd, Allicin Pharm, HerbalHills, Acara bioherb PVt. LTD., Pioneer Enterprises (I) Private Limited, Sydler India Pvt. Ltd, Herbal Creations, Alpspure Lifes...