DUBLIN--(BUSINESS WIRE)--The "Asia-Pacific Spice and Herb Extracts Market - Growth, Trends, and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The Asia-Pacific market for spice and herb extracts is expected to grow at a CAGR of 6.1% from 2018 to 2023.
The Asia-Pacific market for spice and herb extracts is thriving due to strong local demand. These extracts are relevant as food preservatives or shelf-life extension ingredients due to the tropical climate in most of the countries in the region.
The key drivers leading to the growth of the spice and herb extract markets are the increased availability of international cuisines in the major economies, shifting consumer focus towards natural products and increasing demand for convenience foods.
The market is segmented by type, product type and application. By type, spice and herb extracts are further segmented into celery, cumin, chili, coriander, cardamom, oregano, pepper, basil, ginger, thyme etc. Oregano records a CAGR of 8.6% during the forecast period. By product type, the market is sub-segmented into essential oils, seasonings, blends, and others type of spice and herb extract based products.
The market has a good trade potential, especially in countries like India and China, due to a high import demand from the countries belonging to European and North American regions. A large proportion of extracts traded in both local and export markets, are produced by small-scale farmers.
- Arjuna Natural Extracts Limited
- Bio-Gen Extracts Pvt. Ltd.
- Cosmark Pty Ltd.
- Dhler Gmbh
- Kalsec Inc.
- K.Patel Phyto Extractions Pvt. Ltd.
- Kangcare Bioindustry Co. Ltd.
- Kuber Impex Limited
- Langdon Ingredients
- Lehmann & Voss & Co.
- Mccormick & Company Inc.
- Nantong Sihai Plant Extracts Co. Ltd.
- Nutra Green Biotechnology Co. Ltd
- Organic Herb Inc
- Plant Extracts International Inc.
- Sigma-Aldrich Corporation
- Synthite Industries Ltd.
- The Herbal Extract Company Of Australia
- Vidya Herbs Pvt Ltd
- Xena Bio Herbals
Key Topics Covered:
2. Research Approach & Methodology
3. Key Findings
4. Market Dynamics
5. Porter's Five Force Analysis
6. Market Segmentation
7. Competitive Landscape
8. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/rprqnn/asiapacific?w=4