Botanical Extracts Market Outlook, and Opportunity Analysis, 2023-2030
Botanical Extracts Market Overview and Insights:
According to Introspective Market Research, The Global Botanical Extracts Market size is expected to grow from USD 6.06 billion in 2022 to USD 12.07 billion by 2030, at a CAGR of 6.06% during the forecast period (2023-2030).
Botanical extracts are concentrated preparations derived from various parts of plants, such as leaves, roots, stems, flowers, seeds, and fruits. These extracts contain bioactive compounds with medicinal, nutritional, cosmetic, or flavoring properties. Botanical extracts have been used for centuries in traditional medicine systems, such as Ayurveda, Traditional Chinese Medicine (TCM), and Western herbalism, for their therapeutic properties. They are used to treat various health conditions, including inflammation, digestive disorders, respiratory ailments, and skin conditions. Botanical extracts are widely used in the production of dietary supplements, including capsules, tablets, powders, and tinctures. They are formulated to support overall health and well-being, boost immunity, and address specific health concerns.
Botanical Extracts Market Overview and Insights:
According to Introspective Market Research, The Global Botanical Extracts Market size is expected to grow from USD 6.06 billion in 2022 to USD 12.07 billion by 2030, at a CAGR of 6.06% during the forecast period (2023-2030).
Botanical extracts are concentrated preparations derived from various parts of plants, such as leaves, roots, stems, flowers, seeds, and fruits. These extracts contain bioactive compounds with medicinal, nutritional, cosmetic, or flavoring properties. Botanical extracts have been used for centuries in traditional medicine systems, such as Ayurveda, Traditional Chinese Medicine (TCM), and Western herbalism, for their therapeutic properties. They are used to treat various health conditions, including inflammation, digestive disorders, respiratory ailments, and skin conditions. Botanical extracts are widely used in the production of dietary supplements, including capsules, tablets, powders, and tinctures. They are formulated to support overall health and well-being, boost immunity, and address specific health concerns.
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