Global Plant Extracts Market Report 2022-2028: Increasing Veganism Trend Presents Lucrative Growth Opportunities – QNT Press Release


DUBLIN , Aug. 2, 2022 /PRNewswire/ — The “Plant Extracts Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Form, Source, and Application” report has been added to ResearchAndMarkets.com’s offering.

The plant extracts market is expected to grow from US$ 29,238.91 million in 2021 to US$ 47,421.44 million by 2028.

Based on source, the plant extracts market is segmented into fruits & vegetables, herbs & spices, flowers, and others. The herbs & spices segment is expected to hold the largest market share during the forecast period. The plant extracts from herbs & spices are gaining popularity across the world due to rising health consciousness among consumers. The trending taste and flavored drinks coupled with the healthfulness and sustainability drive the market growth for the herbs & spices segment. The beverage manufacturers are widely using spices extracts, including cloves and cinnamon, as they have therapeutic properties, such as antioxidative, anti-inflammatory, antidiabetic, antihypertensive, and antimicrobial activities. Hence, the demand for spices extracts is booming in the …

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