Phytochemicals & Plant Extracts Market

Phytochemicals & plant extracts are the ingredients extracted from plants or can also be referred to as “plant chemicals.” The consumption of plant extracts and ingredients helps avoid various diseases as plants derived products are considered healthy for living people. Added emphasis on organic food and products has resulted in a rising demand for these ingredients in the nutraceutical industry. This report on phytochemicals & plant extracts has been classified into type and application segments. The market is projected to grow with the key manufacturers investing on the development of improved products.

The phytochemicals & plant extracts market is segmented on the basis of type of phytochemicals & plant extracts, industries in which they are applicable and region-wise markets. The market for phytochemicals & plant extracts is estimated to be valued more than $2.5 billion in 2014.

The phytochemicals & plant extracts market is fragmented, with leading companies driving the growth by opting for extensive research & development and strategic mergers & acquisitions. The report further provides qualitative analysis of the prominent market players and their preferred development strategies.

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This report focuses on the phytochemicals & plant extracts industry, which is segmented on the basis of ingredient, application, and region.

Phytochemicals & plant extracts market

On the basis of ingredient, the market has been segmented as follows:

• Carotenoids
• Flavanoids
• Phytosterols
• Others

On the basis of application, the market has been segmented as follows:

• Personal Care
• Functional Food & Beverages
• Food Supplements
• Others

On the basis of region, the market has been segmented as follows:

• North America
• Europe
• Asia-Pacific
• RoW