DUBLIN--(BUSINESS WIRE)--The "Indian Plant Extract Market Outlook to 2023" report has been added to ResearchAndMarkets.com's offering.
The Indian Plant Extract Market is witnessing an astonishing growth, as there has been a shift in universal trend from synthetic to herbal medicine.
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 2018-2023. 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.
The 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 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.
Key Market Trends and Drivers
- Companies Expanding their Extraction Capacity
- Government Initiatives Driving the Growth
- Medicinal Plant Extracts Breakthroughs in Treating Infectious Diseases
- Increasing Demand of Indian Medicinal Extracts in International Market
Companies Featured
- Dabur India Ltd.
- Himalaya Herbals
- Emami Limited
- Patanjali Ayurved Limited
- Arya Vaidya Sala, Kottakkal
- Kancor Ingredients Limited
- Sami Labs Limited
- OmniActive Health Technologies
- Hamdard Laboratories
- Arjuna Natural Extract Limited
- Vidya Herbs
- Omniactive Health Technologies (Indfrag Limited)
Key Topics Covered
1. Analyst View
2. Research Methodology
3. Plant Extract - An Introduction
4. Global Plant Extract Market Overview
5. India Plant Extract Market Forecast to 2023
6. Potential Growth Analysis of Plant Extract
7. Key Market Trends and Drivers
8. Challenges
9. Industry Trade Past Five Years
10. Technology Trends Followed by Indian Plant Extract Companies
11. Regulatory Environment
12. Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/cdqmgb/indian_plant?w=4
