The Indian Plant Extract Market is witnessing an
astonishing growth, as there has been a shift in universal trend from synthetic
to herbal medicine. India is a virtual treasure trove of plant species, and has
one of the world’s richest medicinal plant heritages. Plants with therapeutic
agents are highly esteemed all over the world as they help in prevention of
diseases and ailments. Owing to its wide range of medicinal & aromatic
uses, the Indian Plant Extract market is expected to grow at a CAGR of around
17% during 2017-2022. As a result, of increased investments as well as
significant demand of plant extract in internationals markets, there lies
immense opportunity for new and existing players to tap the fast growing market
which would garner huge revenue.
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In our latest research titled “Indian Plant Extract
Market Outlook 2022”, RNCOS’ analysts have conducted a segmented research on
the Indian Plant Extract industry, and have interpreted the key market trends
& developments that clearly highlight the areas offering promising
possibilities for industries to boost their growth. Indian Plant Extract market
is rapidly growing over the years owing to factors like shift in consumers
demand towards herbal and natural product, various schemes launched by government,
key investment & expansions being made in the Indian plant extract
industry, among others.
At global level, demand for herbal and natural
products has been rising and people are looking towards alternative medicine
and products with high natural ingredients. Currently, China is the leading
player when it comes to export of plant extracts. Chinese exports stand at
twice of India’s and India would need to take few steps to enhance its export
volume. Plant extract manufacturers must get necessary approvals from
regulatory authorities of leading countries like United States and European
countries. Besides, promoting cultivation of these plants would also help
players as there is a significant opportunity in the export of plant and its
parts.
In this report, the analysts have studied the plant
extract market on segment basis, by both type and by application. The type-wise
medicinal plant extract section provides an insight about the various type of
plant extract available and their potential medicinal uses, whereas the
application-wise medicinal plant extract section provides an in-depth analysis
of the various herbal plant extracts being used in Medicine (Ayurveda &
Homoeopath) and personal care products industry. Further, the report covers the
potential growth analysis of the plant extract industry; while also
highlighting the regulatory environment of the Indian Plant Extract market.
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Besides, the report also includes the profiles of
key players like Dabur India, Emami, Patanjali, Arjuna Natural Extract Limited,
Vidya Herbs, etc. along with their business overview, product portfolio and
recent activities, providing a comprehensive outlook of Indian Plant Extract
industry. Overall, the report provides all the pre¬requisite information for
clients looking to venture in this industry, and facilitate them to formulate
schemes while going for an investment/partnership in the industry.
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Michelle Thoras
201 Spear Street 1100,
Suite 3036, San Francisco,
CA 94105, United States
Tel: 1-415-349-0054
Toll Free: 1-888-928-9744
Mail: sales@radiantinsights.com