Global plant extract market is expected to register a healthy CAGR of 11.0% in the forecast period of 2019-2026. Rising growth in R&D activities in plant extracts market is the major factor for the growth of the market.

Key Market Competitors:

Few of the major competitors currently working in global plant extract market are Givaudan, Sensient Technologies Corporation, Symrise, Kangcare, PT. INDESSO AROMA, PT. Haldin Pacific Semesta., VidyaHerbs, Tokiwa Phytochemical Co. Ltd., NATIVE EXTRACTS Pty Ltd., Shaanxi Jiahe Phytochem Co., Ltd., Synthite Industries Ltd., Döhler, International Flavors & Fragrances, Inc., Martin Bauer Group, Arjuna Natural Pvt Ltd, Organic Herb Inc., Plant Extracts International Inc., Network Nutrition, FT Technologies, Lehmann&Voss&Co., Ingredia Nutritional, TimTec LLC, Alkaloids Corporation, Phyto Life Sciences P. Ltd., Phytovation, Kuber Impex Ltd, Qualiphar, Prinova Group LLC, Indena S.p.A., William Reed Business Media Ltd among others.

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The plant extracts are isolation of natural products from the plants. Plant extraction is separation of liquid or solid from plants by using extraction method. These plant extracts are used for various applications which include food industry, pharmaceuticals and cosmetic industry among others.

Competitive Analysis:

Global plant extract market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of plant extract market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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