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African Botanical Extract Market Size, Trends And Growth Opportunity By Type (Baobab, Aloe Vera,Hibskus, Rosemary, Honeybush, Vanilla, Rooibos), By Source (Spices, Herbs, Flowers, And Leaves), Application (Food And Beverages And Others), By Region And Forecast Till 2027.


Report ID : IR100313 | Industries : Healthcare | Published On :May 2024 | Page Count : 246

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  • African Botanical Extract Market Size, Trends And Growth Opportunity By Type (Baobab, Aloe Vera,Hibskus, Rosemary, Honeybush, Vanilla, Rooibos), By Source (Spices, Herbs, Flowers, And Leaves), Application (Food And Beverages And Others), By Region And Forecast Till 2027.
    African Botanical Extract Market 
    African botanical extract market was valued at USD 4110 Million in 2021 and is projected to grow at CAGR 5.93 % from 2021 which is expected to grow 6330 million by 2027.
    African botanical extracts are plant extracts that are used in a variety of foods and drinks. African botanical extracts are well-liked because of their excellent nutritional and physiological benefits. These extracts—Baobab, Rosehip, Kola Nut, and Hoodia—have beneficial properties that boost a variety of bodily processes, including the immune system and weight control. Due to its botanical richness and abundance of different healthy plants, the African continent is well-known around the world. The pharmaceutical, cosmetic, and nutraceutical industries all depend heavily on African plant extract.
    Market Drivers
    The expansion of the market for African botanical extracts is anticipated to be boosted by increased knowledge of the adverse effects of allopathic treatment. The market for botanical extracts in Africa is also anticipated to grow as the use of these extracts in the food and beverage industry rises. Due to their anti-inflammatory and antioxidant effects, these extracts are often employed in cosmetic goods. Furthermore, in the pharmaceutical business, these extracts are mostly employed in drugs for digestive health, joint health, stress alleviation, and other bodily functions. Additionally, during this anticipated period, the market for African botanical extracts is anticipated to develop due to the rise in demand for healthy and nutritional components in the food and beverage industry.
    Market Restraints
    The main obstacle to the expansion of the market for African botanical extracts, however, is the availability of substitutes and alternatives on the market. In addition, the expansion of the African botanical extract market would be impacted by strict government restrictions and policies.
    Market Segmentation 
    African Botanical Extract market is segmented into type and application. By type it is segmented into baobab, aloe vera,hibskus, rosemary, honeybush, vanilla, rooibos. By source it segmented into spices, herbs, flowers, and leaves. By application it is segmented into food & beverages (bakery & confectionery, dairy products, soups & sauces, meat products, beverages, and others (dietary supplements, cosmetics, and pharmaceuticals).
    Market Key Players
    Various key players are discussed in this report such as BOTANICA NATURAL PRODUCTS, AfriNaturals, Lipoid Kosmetik AG, Prinova Group LLC, Zuplex, Carrubba INC, Afriplex, Botanical Extracts EPZ Ltd., Dohler, and Others.
    Market Taxonomy
    By Type

    • Baobab
    • Aloe Vera
    • Hibskus
    • Rosemary
    • Honeybush
    • Vanilla
    • Rooibos
    • Others
    By Source
    • Spices
    • Herbs
    • Flowers
    • Leaves
    By Application
    • Food and Beverages
    o Bakery & Confectionery
    o Dairy Products
    o Soups & Sauces
    o Meat Products
    o Beverages
    o Others
    • Dietary Supplements
    • Cosmetics 
    • Pharmaceuticals
    By Region
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middles East & Africa
    Key Question Addressed by the Report
    • What are the Key Opportunities in African Botanical Extract Market?
    • What will be the growth rate from 2022 to 2027?
    • Which segment/country will have highest growth?
    • What are the factors that will impact/drive the Market?
    • What is the role of key players in the value chain?
     

    African Botanical Extract Market Toc:
    1. Executive Summary
    1.1. Market Taxonomy
    2. African Botanical Extract Market Demand (in Value or Size in US$ Mn) Analysis and Forecast
    3. Market Background
    3.1. Forecast Factor
    3.2. Market Dynamics
    3.2.1. Drivers
    3.2.2. Challenges
    3.2.3. Trends
    4. African Botanical Extract Market Snapshot
    5. African Botanical Extract Market Analysis, By Type 
    5.1. Y-o-Y Growth Comparison, By Type 
    5.2. African Botanical Extract Market Share Analysis, By Type 
    5.3. African Botanical Extract Market Size and Forecast, By Type 
    5.3.1 Baobab
    5.3.2 Aloe Vera
    5.3.3 Hibskus
    5.3.4 Rosemary
    5.3.5 Honey Bush
    5.3.6 Vanilla
    5.3.7 Rooibos
    5.3.8 Others
    6. African Botanical Extract Market Analysis, By Source
    6.1. Y-o-Y Growth Comparison, By Source
    6.2. African Botanical Extract Market Share Analysis, By Source
    6.3. African Botanical Extract Market Size and Forecast, By Source
    6.3.1 Spices
    6.3.2 Herbes
    6.3.3 Flowers
    6.3.4 Leaves 
    7. African Botanical Extract Market Analysis, By Application
    7.1. Y-o-Y Growth Comparison, By Application
    7.2. African Botanical Extract Market Share Analysis, By Application
    7.3. African Botanical Extract Market Size and Forecast, By Application 
    7.3.1 Food & Beverages
    7.3.1.2 Bakery & Confectionery
    7.3.1.3 Dairy Products
    7.3.1.4 Soups & Sauces
    7.3.1.5 Meat Products
    7.3.1.6 Beverages
    7.3.1.7 Others
    7.3.2 Dietary Supplements
    7.3.3 Cosmetics
    7.3.4 Pharmaceuticals
    8. African Botanical Extract Market Analysis, By Region
    8.1. Y-o-Y Growth Comparison, By Region
    8.2. African Botanical Extract Market Share Analysis, By Region
    9. North America African Botanical Extract Market Analysis and Forecast (2022-2027)
    9.1 Introduction
    9.2 North America African Botanical Extract Market Analysis, By Type 
    9.3 North America African Botanical Extract Market Analysis, By Source
    9.4 North America African Botanical Extract Market Analysis, By Application
    9.5 North America African Botanical Extract Market Analysis, By Country
    9.5.1USA
    9.5.2 Canada
    9.5.3 Mexico
    10. Europe African Botanical Extract Market Analysis and Forecast (2022-2027)
    10.1 Introduction
    10.2 Europe African Botanical Extract Market Analysis, By Type 
    10.3 Europe African Botanical Extract Market Analysis, By Source
    10.4 Europe African Botanical Extract Market Analysis, By Application
    10.5 Europe African Botanical Extract Market Analysis, By Country
    10.5.1Germany
    10.5.2 France
    10.5.3 UK
    10.5.4 Rest of Europe
    11. Asia Pacific African Botanical Extract Market Analysis and Forecast (2022-2027)
    11.1 Introduction
    11.2 Asia Pacific African Botanical Extract Market Analysis, By Type 
    11.3 Asia Pacific African Botanical Extract Market Analysis, By Source
    11.3 Asia Pacific African Botanical Extract Market Analysis, By Application
    11.4 Asia Pacific African Botanical Extract Market Analysis, By Country
    11.4.1China
    11.4.2 India
    11.4.3 Japan
    11.4.4 Rest of Asia Pacific
    12. Latin America African Botanical Extract Market Analysis and Forecast (2022-2027)
    12.1 Introduction
    12.2 Latin America African Botanical Extract Market Analysis, By Type 
    12.3 Latin America African Botanical Extract Market Analysis, By Source
    12.4 Latin America African Botanical Extract Market Analysis, By Application
    13. Middle East & Africa African Botanical Extract Market Analysis and Forecast (2022-2027)
    13.1 Introduction
    13.2 Middle East & Africa African Botanical Extract Market Analysis, By Type 
    13.3 Middle East & Africa African Botanical Extract Market Analysis, By Source
    13.4 Middle East & Africa African Botanical Extract Market Analysis, By Application
    14. Competition Analysis
    14.1 Competition Dashboard
    14.2Market Share Analysis of Top Vendors
    14.3 Key Development Strategies
    15. Company Profiles
    15.1 BOTANICA NATURAL PRODUCTS
    15.1.1 Overview
    15.1.2 Offerings
    15.1.3 Key Financial
    15.1.4 Business Segment & Geographic Overview
    15.1.5 Key Market Developments
    15.1.6 Key Strategies
    15.2 AfriNaturals
    15.2.1 Overview
    15.2.2 Offerings
    15.2.3 Key Financial
    15.2.4 Business Segment & Geographic Overview
    15.2.5 Key Market Developments
    15.2.6 Key Strategies
    15.3 Lipoid Kosmetik AG
    15.3.1 Overview
    15.3.2 Offerings
    15.3.3 Key Financial
    15.3.4 Business Segment & Geographic Overview
    15.3.5 Key Market Developments
    15.3.6 Key Strategies
    15.4 Prinova Group LLC
    15.4.1 Overview
    15.4.2 Offerings
    15.4.3 Key Financial
    15.4.4 Business Segment & Geographic Overview
    15.4.5 Key Market Developments
    15.4.6 Key Strategies
    15.5 Zuplex
    15.5.1 Overview
    15.5.2 Offerings
    15.5.3 Key Financial
    15.5.4 Business Segment & Geographic Overview
    15.5.5 Key Market Developments
    15.5.6 Key Strategies
    15.6 Carrubba INC
    15.6.1 Overview
    15.6.2 Offerings
    15.6.3 Key Financial
    15.6.4 Business Segment & Geographic Overview
    15.6.5 Key Market Developments
    15.6.6 Key Strategies
    15.7 Afriplex
    15.7.1 Overview
    15.7.2 Offerings
    15.7.3 Key Financial
    15.7.4 Business Segment & Geographic Overview
    15.7.5 Key Market Developments
    15.7.6 Key Strategies
    15.8 Botanical Extracts EPZ Ltd
    15.8.1 Overview
    15.8.2 Offerings
    15.8.3 Key Financial
    15.8.4 Business Segment & Geographic Overview
    15.8.5 Key Market Developments
    15.8.6 Key Strategies
    15.9 Dohler
    15.9.1 Overview
    15.9.2 Offerings
    15.9.3 Key Financial
    15.9.4 Business Segment & Geographic Overview
    15.9.5 Key Market Developments
    15.9.6 Key Strategies
    15.10 Others