Botanical extracts are focused plant materials that deliver therapeutic properties. They are extracted from several methods like steam distillation, cold pressing, solvent extraction, and oil infusion, among others. The botanical extracts market development is anticipated to be determined by the growing consumption of dietary supplements worldwide. Botanical extracts are utilized in the production of various food & beverage products, especially functional beverages. But the limited supply of raw materials and price fluctuations may hamper the development of the global botanical extracts market during the estimated period. The growing consumer preference for organic food & beverages creates a lucrative opportunity for the key players in the global botanical extracts market. The Botanical Extracts Market is anticipated to grow at the rate of 9.48% CAGR by 2026.


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Botanical Extracts Market by Application
Beverages
Alcoholic beverages
Carbonated soft drinks
Ice tea
Flavored dairy products
Food
Bakery & confectionery
Sauces and dressings
Botanical Extracts Market by Source
Spices
Herbs
Flowers
Tea leaves
Botanical Extracts Market by Geography
North America
Europe
Asia Pacific
Rest of the World
Based on the Application segment, the market is bifurcated into food, beverages, personal care, pharmaceuticals & nutraceuticals, and others. Botanical extracts can completely inhibit collagen degradation by collagenase enzyme inhibition and maintain protein levels in the skin. Due to such properties, botanical extracts are progressively being used in several natural anti-aging skincare products. They also support combat redness and irritation owing to their antibacterial and anti-inflammatory properties.

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