New York, Global Food Botanicals Market report from Global Insight Services is the single authoritative source of intelligence on Food Botanicals Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Food botanicals are plant-based ingredients that are used to add flavor, color, and texture to food. Common food botanicals include herbs, spices, and fruits. Botanicals can be used fresh, dried, or in the form of extracts. When used properly, they can add depth of flavor and complexity to dishes.
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Key Trends
There are several key trends in food botanicals technology. One is the use of botanicals to create natural flavors and colors. This is done by extracting the essential oils from plants and using them to flavor food. Another trend is the use of botanicals to create health-promoting foods. This is done by adding extracts from plants that are known to have medicinal properties to food.
Key Drivers
The key drivers of the food botanicals market are the ever-increasing demand for healthy and organic food products, the growing popularity of functional foods, and the increasing awareness about the health benefits of natural ingredients.
The food botanicals market is also driven by the rising disposable incomes and the changing lifestyles of consumers, who are now more health-conscious and are willing to pay premium prices for healthy and nutritious food products.
Furthermore, the food botanicals market is also being driven by the increasing number of health food stores and supermarkets that are now offering a wide range of food botanicals products.
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Market Segments
The Food Botanicals Market is segmented by source, form, application and region. By source, the market is divided into plants, algae and fungi or lichens. Based on form, it is bifurcated into Dried Plants and leaves, oleoresins, essential oils, and others. On the basis of application, it is classified into beverages, confectionery, supplements, flavor enhancers, and others. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Food Botanicals Market includes players such as Tyson Foods Inc., Marfrig Group., Arcadian Organic & Natural Meat Co., Kerry Group Plc., Verde Farms LLC, Pilgrim’s Pride Corporation, Associated British Foods Plc., BRF S.A., Dabur India Ltd., and Ricola Ltd.
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