Plant extract market grows at a CAGR of 9.1% during 2019-2024. Plant Extracts Market | Page 3

Nutraceuticals segment reached a market revenue of $14,321.8 million in 2014. It is expected to reach $38, 942 million by 2023 at a CAGR of 10.5%. it is the largest end user industry due to the growing demand for food and medicinal products that provide health benefits along with the basic nutrition value found in the foods. The functional food and beverages segment holds the second largest share in the Plant Extracts market. It is expected to reach $2,174 million at a CAGR of 13.1% by 2023. Contact : [email protected]