Market Research Reports - Ken Research Essential Oil and Oleoresins Market India

India Herbal Extract Market Outlook to 2022: Ken Research
Ken Research announced its latest publication on “India Herbal Extract Market by End Users
(Pharmaceuticals & Nutraceutical, Cosmetics and Food & Beverage Industries), by Extract
type (Carotenoids, Aloe Vera, Ginger, Capsicum, Turmeric, Shilajit, Marigold, Shatavari and
Others), Oleoresins and Essential Oil – Outlook to 2022” suggested a rapid growth in India
Herbal Extracts Market, majorly driven by the growing preference of people for natural and
herbal products over the already existing chemical-based products. The stakeholders of this
report include herbal extracts, oleoresins and essential oil manufacturers and distributing
agents, pharmaceutical & nutraceutical, cosmetics, and food and beverages companies,
companies involved in research, farmers in India and the new entrants and venture capitalists
who wish to invest in herbal extracts market in future.
Detailed comparative analysis of major herbal extracts market players has also been provided.
Various marketing analysis factors such as trends and developments and SWOT analysis are also
added in the study. The future analysis of the overall India herbal extracts market has also been
discussed along with recommendations from analyst view.
India Herbal Extracts Market Overview and Present Scenario
Plant or herbal extracts are natural products which have gained immense importance over the
past few years. Such products are used as raw materials or ingredients by the companies
operating in pharmaceuticals, cosmetics, and food and beverages industries across the world.
Asia Pacific is amongst the fastest growing geographies owing to the demand and supply of
herbal extracts from China and India.
India herbal extracts market has recorded phenomenal growth over the years with rising
awareness among the people about the health benefits of consuming herbal products. Herbal
extract market in India increased to INR ~ crore in FY’2017 from INR ~ crore in FY’2012, at a
robust CAGR of ~% during the same period. The market has majorly been driven by the exports
of high quality herbal extracts which are demanded by the US, Canada, Ukraine, South Korea,
Czech Republic, Israel, France, Taiwan, Nepal, and other nations. The inclination of foreign
customers towards Indian products due to health benefits of various herbs has led to a boost in
the revenues of the market.
India Herbal Extracts Market Segmentation
By End Users (Pharmaceuticals and Nutraceuticals, Cosmetics, and Food & Beverages
Industries): The use of herbal extracts in the pharmaceutical and nutraceutical industry of India
contributed a dominant share of INR ~ crore in the overall sales of the players operating in the
space during FY’2017. The rising demand for natural cosmetics has resulted in augmented use