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USD 8-10 BILLION POTENTIAL WITHIN THE BOTANICAL EXTRACTS MARKET IN DIFFERENT SEGMENTS
Download PDFBotanicals Adding flavors to the growth of the Food & Beverage sector – Wellness coupled with Convenience being a mega trend of this century, consumers are demanding clean, natural, and flavor-rich ingredients/substances in their daily products, which positions botanical extracts as the next big opportunity in the food & beverages market
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BOTANICAL EXTRACTS CONSUMPTION PATTERNs IN each COUNTRY depends on the local production and trade flow. Consumer attitude towards naturally-derived products and their distinct applications drive the market globally
WE ARE WITNESSING INCREASING USAGE OF novel and exotic spices and herbs, WHICH have the potential to skyrocket THE DEMAND FOR botanical extract ingredients in various end-use industries
TOP Botanical Extracts GROWTH STORIES
MNM RECENTLY ASSISTED ON A LEADING FOOD AND BEVERAGE ORGANIZATIONs TO TAP INTO THE BOTANICAL EXTRACTS SOLUTIONS SEGMENT
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MNM RECENTLY ASSISTED A PLANT EXTRACTS MARKET STUDY FOR THE EUROPEAN REGION
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MNM RECENTLY ASSISTED A CCOMPETITIVE MARKET ANALYSIS IN NATURAL FLAVORS MARKET STUDY FOR THE SOUTHEAST ASIA REGION
Download PDFMNM RECENTLY ASSISTED A CCOMPETITIVE MARKET ANALYSIS IN NATURAL FLAVORS MARKET STUDY FOR THE SOUTHEAST ASIA REGION
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WHY DO COMPANIES NEED HELP TO GROW?
ABSENCE OF ORIGINAL RESEARCH:
- Market potential and opportunity for emerging countries, such as Central America, Middle Eastern Countries, among others
- Insufficient secondary research for strategic decisions
INTELLIGENCE IS NOT DEMOCRATISED:
- Client unmet needs need to be understood by all market-facing employees for new product developments and vendor selection.
- Client unmet needs need to be understood by all market-facing employees for new product developments and vendor selection.
SOME UNKNOWNS & ADJACENCIES
- Cannabis-infused food & beverage products are predicted to be the “next frontier” in botanical extracts innovation.
- Increasing focus on personalized health benefits food products give rise to focused botanical extracts.
- Increasing focus on personalized health benefits food products give rise to focused botanical extracts.
- In the botanical extracts segment, countries from the Asia Pacific region have primarily performed well across the countries. Developed countries have more focused and targeted applications and methods.
GROWTH PROBLEMS ENCOUNTERED BY Botanical Extracts COMPANIES
Customer prioritization and assessing unmet needs:
- How does botanical extract solutions help in improving the taste of food & beverage products?
- What could be the costing and target distribution channel to position the botanical extracts products?
- How to develop the loyalty for customers and distributors?
- How to compete with the peer companies?
- What are the key unmet needs of customers? Who are the key stakeholders in different settings? Which new product features should be added to the existing products?
Where to Play:
- Which applications and sources of botanical extracts should we focus on? Should it be tea, spices, or any other?
- Which regions should we place our bets on? Should we continue with developed countries or do developing countries offer more growth opportunities?
Building a compelling Right to Win (RTW):
- For M&A, what are the right targets for us? Should we target local processors or market leaders? Should we enter new markets directly or through partners?
- How can we differentiate from top players? What is their right-to-win vs. ours?
OBSTACLES TO GROWTH FOR CURRENT PLAYERS
- Not able to keep pace with the fast-evolving botanical extracts industry. New products and applications are emerging frequently.
- Not able to keep pace with the fast-evolving botanical extracts industry. New products and applications are emerging frequently.
- There’s limited clarity on unmet needs. Hence, the requirements for product features are not clear.
- Unclear picture about the regulations of novel extracts in certain regions.
KEY UNCERTAINTIES/ PERSPECTIVES WHICH INDUSTRY LEADERS SEEK ANSWERS TO:
KEY QUESTIONS OF Botanical Extracts COMPANIES
- What are the regulations related to botanical extracts?
- What are the regulations related to botanical extracts?
- What are the trending sources of botanical extracts to manufacture food flavors, seasonings, herbal supplements?
- What are the upcoming ingredients adopted by the key players in the botanical extracts segment?
- How are peer companies performing R&D activities to develop innovative products, such as flavored tea, sugar-free candies, etc.?/li>
KEY QUESTIONS OF COMPANIES IN ADJACENT MARKETS
- How will the synthetic extracts disrupt the naturally derived botanical extracts market?
- What will be the market potential for spices, tea, herbs in 2027 vs. 2035?
- In the botanical extracts market, which source will hold a larger market in the coming future?
- Would regulations also help in moderating the supply of botanically-derived ingredients for food & beverage industry globally?
- What regulatory policies can help strategize and achieve volumetric scale-up?
What is driving change
in your business
- Product life cycles getting shorter.
- Ecosystems getting converged.
- Newer technologies and new use-cases disrupting.
- New markets, new geographies, new clients, competition and partners.
Are changes only impacting you or your clients and their clients as well?
The trial will be a guided tour by our representative to help you discover the shift in revenue sources of your clients and clients' clients that will impact your revenue. This is your opportunity to unlock the research IP worth $100 million
MNM RESEARCH focuses ON HIGH GROWTH MARKETS AND EMERGING product segments to cater to BOTANICAL EXTRACTS manufacturers and end-users
INDICATIVE LIST OF OTHER PROJECTS EXECUTED FOR Botanical Extracts COMPANIES:
- STUDY
- Plant Extracts Market
- Tea Extracts Market
- Essential Oils Market
- Oleoresins Market
- Spices and Seasonings Market
- Food Flavors Market
- Natural Fragrance Market
- Biostimulants Market
- Food Antioxidants Market
- Amaranth Oil Market
- Stevia Market
- Feed Antioxidants Market
- Health Ingredients Market
- Nutraceutical Ingredients Market
WE HAVE A COMPREHENSIVE UNDERSTANDING OF THE BOTANICAL EXTRACTS ECOSYSTEM THROUGH OUR PROPRIETARY PLATFORM 'KNOWLEDGESTORE'
impacting you and
your clients
Botanical Extracts COMPANIES
BUSINESS & INNOVATION DIRECTOR,
US-BASED LEADING AGRIBUSINESS,
US-BASED LEADING AGRIBUSINESS
I highly appreciate the team’s efficiency for a well-conducted study that helped us clarify some blind spots in the area of proteins. Although compiling information for B2B ingredients is very difficult, the MnM team pulled off the task successfully. The quality of research, level of insights, and the responsiveness of the team were commendable.
Leading American adhesives,
Manufacturing Company
I have seen this as a collaborative engagement that has addressed very specific questions that I wanted to answer. The MnM team functioned in a certain respect as an extension of the core team, which was laudable.
Europe's leading player in software solutions for land resource management,
I really appreciate the collaboration with MarketsandMarkets. Our referents are very experienced and present. They are helping us to position ourselves better in certain markets
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