Natural Extracts Market Segmentation:
Product Segment Analysis
Dried crops segment is likely to dominate over 39% natural extracts market share by 2035. The segment growth can be attributed to the flourishing food & beverage sector and the benefits dried crops offer. The dried crop segment incorporates dried turmeric which has various beneficial properties such as anti–inflammatory and antioxidant.
Additionally, turmeric also helps in delaying the genesis of type 2 diabetes. Doctors recommend consuming a pinch of turmeric in warm milk every day to protect your body from flu and infections since turmeric has anti–fungal, antibacterial, and anti–viral properties. India is one of the leading producers of turmeric accounting for a share of 80% of the total worldwide production.
Application Segment Analysis
By 2035, food & beverage segment is set to dominate over 44% natural extracts market share. The segment growth can be accredited to the demand for safe and organic food and beverages. Food products that incorporate natural extracts help elevate the shelf life of the product and that’s why consumers are attracted towards natural ingredients–based food products. Additionally, the rise in demand for products that are nutritious and prepared with organic materials is stimulating growth in the market.
Our in–depth analysis of the global market includes the following segments:
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