According to Future Market Insights, the global sales of natural rosemarine extract are estimated to grow at 8.1% CAGR between 2022 and 2032, reaching a valuation of US$ 341.4 Mn by 2032. Currently, the worldwide natural rosemarine extract market is valued at US$ 156.0 Mn.
The natural rosemarine extract market has experienced a dramatic surge in recent years, with increasing demand from industries like food & beverage, pharmaceutical, cosmetic, and animal feed across the globe. This is due to a variety of factors, including growing consumer demand for natural and organic products and the rising popularity of this ingredient among health-conscious consumers.
Additionally, the increasing number of companies offering high-quality natural rosemarine extract is emerging as a crucial factor driving the market expansion. Natural rosemarine extract is derived from the flowers and leaves of the rosemary plant, which has been used in medicinal treatments for centuries. It is being utilized for making a wide range of products worldwide.
Recent trends in the natural rosemarine extract market have had a significant impact on product development, pricing, and sales. Consumers are increasingly looking for natural alternatives to traditional ingredients which have seen a huge shift in the way products are developed. Natural rosemarine extract is being used as an alternative to synthetic ingredients and preservatives, providing further evidence of its increasing popularity.
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Key Takeaways from Market Study
- By form, the powder segment is likely to continue to dominate the global natural rosemarine extract market during the forecast period.
- Based on application, the food & beverage segment holds a substantial share of the global market, and the trend is expected to continue during the forecast period.
- The U.S. holds approximately 89.7% share of North America natural rosemarine extract market.
- Europe is expected to account for 29.3% share of the worldwide natural rosemarine extract market during the forecast period.
- Germany holds around 21.5% share of the Europe natural rosemarine extract market.
- South Asia is expected to hold over 12.0% share of the global natural rosemarine extract market.
“The market for natural rosemarine extract has been steadily increasing in recent years due to widening application of this natural ingredient in health and beauty products to help promote healthy skin, hair, nails, and more”, –says a lead analyst at Future Market Insights.
Competitive Landscape
Some of the leading companies offering Natural Rosemarine Extract include Monteloeder, Kemin Industries, Frutarom Industries Ltd., Geneham Pharmaceutical Co., Ltd., Foodchem International Corporation, KINGHERBS, and Flavex Naturextrakte GmbH.
These players are using a wide array of strategies such as new product launches, investments in research and development, partnerships, acquisitions, mergers, and collaborations to gain a competitive edge in the market.
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Future Market Insights, in its new offering, provides an unbiased analysis of the Natural Rosemarine Extract presenting historical demand data (2017–2021) and forecast statistics for the period from 2022–2032.
The study offers compelling insights on the natural rosemarine extract market based on form (powder, and liquid), and application (food & beverage, pharmaceuticals, nutraceuticals, cosmetics & personal care, pet food, and animal food), across several regions.
About the Food & Beverage Division at Future Market Insights
Expert analysis, actionable insights, and strategic recommendations — the Food & Beverage team at Future Market Insights helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.
Natural Rosemarine Extract Industry by Category
By Form:
- Powder
- Liquid
By Application:
- Food & Beverage
- Pharmaceuticals
- Nutraceuticals
- Cosmetics & Personal Care
- Pet Food
- Animal Food
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