Market Research Reports - Ken Research Essential Oil and Oleoresins Market India | Page 4

the development of food processing industry in the developing nations including India, China
and Indonesia.
Competitive Scenario in India Herbal Extracts Market
The overall market is concentrated among the top seven players which hold the majority of the
share. Major players in the herbal extracts market in the country include Arjuna Natural
Extracts Ltd., Synthite Industries Limited, Sami Labs Limited, Vidya Herbs Private Limited,
OmniActive Health Technologies Ltd., Indfrag Limited and K.Patel Phyto Extractions Pvt. Ltd.
Synthite Industries dominated the market revenues in India Herbal Extracts Market,
contributing INR ~ crore during FY’2017. Plant Lipids Pvt Limited acquired the second position in
terms of market revenues, majorly driven by its manufacturing facilities in India. The company
had ~% share in the market revenues during FY’2017. Sami Labs Ltd is the third largest herbal
extract player in India. OmniActive Health Technologies Ltd. constituted a share of ~% in India
herbal extracts market during FY’2017. Arjuna Natural Extracts Ltd. had a share of INR ~ crore in
the overall revenues generated by all herbal extracts market players in India during FY’2017.
Indfrag Limited acquired a share of ~% in the overall revenues generated by India herbal
extracts market during FY’2017 and Vidya Herbs Private Limited accounted for INR ~ crore of
the market revenues during the same year. Catering to the leading pharmaceutical companies
in the country through its product portfolio of herbal extracts, K.Patel Phyto Extractions Pvt.
Ltd. had a share of ~ in the overall market revenues during FY’2017.
India Herbal Extracts Market Future Outlook and Projections
The revenues generated by herbal extracts market players in India are projected to augment to
INR ~ crore by FY’2022 from INR ~ crore during FY’2017, registering a CAGR of ~ during the
period FY’2017-FY’2022. The sales of herbal extracts to pharmaceuticals and nutraceutical
industry in the country are projected to dominate the market with a share of ~% in the overall
market revenues during FY’2022. The shift of people from packaged food with high chemical
content to dietary supplements with herbal extracts will make F&B customers contribute INR ~
crore to the overall market revenues during FY’2022.
Key Topics Covered in the Report:
India Herbal Extracts Market Overview
Value Chain Analysis of India Herbal Extracts Market
India Herbal Extracts Market Size by Revenue
India Pharmaceuticals and Nutraceuticals Herbal Extracts Market