Global demand for Botanical CO2 Extracts is projected to reach USD 0.1 billion by the end of 2023, with a CAGR of 3.5% expected from 2023 to 2033. This niche market is experiencing rapid growth, fueled by rising demand across industries such as aromatherapy, cosmetics, and food and beverage. Increasing awareness of the benefits of botanical extracts is driving the demand for natural and organic products, contributing to the market’s expansion.
The market is driven by:
- The growing popularity of aromatherapy, natural cosmetics, and organic foods
- Increasing customer demand for health and wellness solutions
- Advancements in technology
- Continuous diversification of product portfolios
- Growing adoption and consumption of products containing Botanical CO2 Extracts
- Organic and clean-label foods gaining consumer trust
North America, followed by Europe, leads the Botanical CO2 Extracts market due to a significant population focused on health and wellness trends and the presence of numerous manufacturers. Key players in the industry are developing new and innovative ingredients to enhance the taste and nutritional profile of their products using these extracts.
In North America, the United States is experiencing the highest growth in the Botanical CO2 Extracts market due to the rising popularity of these extracts as a unique ingredient in food products, which makes them an appealing choice for manufacturers.
Beyond North America, the Asia Pacific region is seeing significant market expansion due to the growth of the retail and foodservice industries and increasing disposable incomes. As a result, consumers in this region are showing greater interest in and willingness to pay for products containing Botanical CO2 Extracts. Additionally, countries like China and India are witnessing a surge in demand for natural and organic products, fueled by increasing awareness of the health benefits associated with botanical extracts
Botanical CO2 extracts, also known as supercritical fluid CO2 extracts or supercritical CO2 extracts, are derived from a highly efficient extraction process that produces exceptionally pure plant extracts. The market for botanical CO2 extracts has seen significant growth in recent years and is expected to continue expanding robustly over the forecast period.
Botanical CO2 extracts Market: Key Participants
The key players in the global botanical CO2 extracts market are:
- Eden Botanicals
- Lotus Garden Botanicals
- VidyaHerbs
- FLAVEX Naturextrakte GmbH
- SunRose Aromatics
- Apeks Supercritical
The report covers exhaustive analysis on
- Botanical CO2 extracts Segments
- Botanical CO2 extracts Dynamics
- Botanical CO2 extracts Size
- Algae Oil Supply and Demand
- Current Trends/Issues/Challenges pertaining to Botanical CO2 extracts
- Competition Landscape and Emerging Market Participants in Botanical CO2 extracts
- Technology related to Production/Processing of Algae Oil
- Value Chain Analysis of the Botanical CO2 extracts
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Botanical CO2 Extracts Market: Segmentation
Based on nature, global botanical CO2 extract market can be segmented as:
- Organic
- Conventional
Based on the source, the global botanical CO2 extract market can be segmented as:
- Cranberry Seed
- Blackcurrant
- Oat
- Carrot
- Rice Bran
Based on end-use, global botanical CO2 extract market can be segmented as:
- Cosmetics
- Creams
- Lotions
- Ointments
- Pharmaceutical
- Vegetable Oil
Based on the distribution channel, the global botanical CO2 extract market can be segmented as:
- Direct (B2B)
- Indirect (B2C)
- Hypermarkets/Supermarkets
- Specialty Stores
- Modern Grocery Stores
- Online Stores
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