CHICAGO, Oct 13, 2022 (GLOBE NEWSWIRE) — The herbal extracts market is valued at $34.4 billion by 2022 and is expected to reach $61.5 billion by 2027, with a CAGR of 12. 3%, according to MarketsandMarkets™. New Report, from 2022 to 2027. With the surge in demand for natural ingredients and natural products due to the rise in awareness related to better dietary choices, the growth of the aging population, the increase in the trend of a healthy lifestyle, and the growth in incidences of chronic diseases, resulted in many manufacturers investing in R&D and producing various innovative extracts, which contribute to the nutritional health of consumers. With the surge in demand for natural ingredients and natural products due to the rise in awareness related to better dietary choices, the growth of the aging population, the increase in the trend of a healthy lifestyle, and the growth in incidences of chronic diseases, resulted in many manufacturers investing in R&D and producing various innovative extracts, which contribute to the nutritional health of consumers. The surge in demand for natural ingredients and natural products due to the growing awareness of better nutritional choices, the increasing aging of the population, the increasing trend towards a healthy lifestyle and the rise in the number of chronic diseases has led to many manufacturers investing in research and development and producing various innovative extracts that promote healthy eating habits for consumers. With the growing awareness of better nutrition, an aging population, a growing trend towards a healthy lifestyle, and an increase in the incidence of chronic diseases, the demand for natural ingredients and natural products has skyrocketed, prompting many manufacturers to invest in research and development and production of various innovative extracts that promote nutritional health. consumers. However, consumer skepticism regarding the use of multiple herbal extracts for various purposes and insufficient supply of raw materials, as well as price fluctuations, are likely to hinder the growth of the market to some extent during the forecast period.
View the detailed Table of Contents of Herbal Extract Market 368 – Table 63 – Figure 353 – Pages Benefits associated with herbal supplements such as boosting immunity expected to drive the market
With the growing trend towards healthy eating and healthy living, the demand for herbal nutritional supplements has skyrocketed. Herbal nutritional supplements are products made from plants, plant parts, or plant extracts. They contain one or more ingredients intended to supplement the diet. Herbal supplements can improve health, and these “natural” remedies are effective without the side effects that other medications can cause. In June 2021, Arjuna Natural launched Rhuleave-K as a revolutionary pain relief solution. This is a one of a kind product made from turmeric and Boswellia serrata extracts. It helps relieve pain without any side effects. All these factors increase the consumption of herbal nutritional supplements. Therefore, the market for herbal extracts is growing rapidly.
Consumers are looking for products with natural ingredients and added functionalities to support a healthy lifestyle. Plant extracts play an important role in this situation, providing numerous functional benefits while being natural. As a result, herbal extracts are no longer limited to the more specialized nutraceutical market, but are expanding into the broader food sector. Plant extracts are used in beverages, dairy products, meats, baked goods, and confectionery to improve health. Botanical and herbal extracts have long been used to improve the health, color, taste, and even aroma of foods, drinks, and supplements. Plant extracts are increasingly becoming important additives in the food industry due to their antimicrobial and antioxidant activity, delaying the development of off-flavours, and increasing food shelf life and color stability. Due to their natural origin, they are excellent candidates for replacing synthetic compounds that are generally considered toxicological and carcinogenic. However, the efficient extraction of these compounds from natural sources and the determination of their activity in commercial products has become a major challenge for researchers and food chain participants in the development of products that have a positive impact on human health.
Increasing use in pharmaceuticals and dietary supplements could help develop the market for dry extracts.
Powdered extracts are standardized and tested to provide a specific percentage of the “active” ingredient. The standardized extract was extracted with ethanol and water and spray dried to form a uniform powder. Spray-dried powders are stable and do not require special storage conditions. A cool, dry place away from sources of heat, sunlight and moisture is sufficient. In addition to storage conditions, dry extracts have many advantages, including less storage space, better stability, and ease of standardization of herbal active ingredients. These dry extracts are used in a variety of applications such as the food and beverage industry where these extracts are used to improve the functionality of their products, and as additives, flavors and colors. Due to the growing popularity of chemical-free clean label products, their use has increased dramatically in recent years, especially in developed countries.
Dry extracts are also used to make medicines and food supplements. Medicinal plants have been used as therapeutic agents for thousands of years and continue to be an important source of new pharmaceutical products. In addition, demand for herbal medicinal products is increasing in both developing and developed countries due to population aging, increased consumer interest in natural ingredients, and increased consumer awareness of overall health. Yerba mate, catuaba, and muirapuama are some popular options in the medicinal plant category. However, there are widespread concerns about the safety, efficacy, and quality of herbal medicines. Nutritional supplements with added health benefits remain popular in developed countries, and rising disposable income, active lifestyles, and increasing globalization are expected to drive the market in developing countries.