Extracts and Distillates Market Outlook
Extracts and distillates are ingredients that are made using various different sources. The extracts are obtained from various extraction processes such as distillation, solvent extraction, cold-press extraction, maceration, and many others. The commonly used process for extract preparation is solvent extraction. The organic alcohol extract for extraction of botanical extracts.
The distillates are obtained from the distillation process that involves the purified form of the source that is used. Distillates are mostly used in the pharmaceutical industry and the cosmetics and personal care industry as the product obtained is a pure and concentrated form.
Various sources are being used for making the extracts and distillates which is being used in a variety of end use applications. But the source that is high in demand is the extracts and distillates made from Cannabis. This is due to the extensive benefits that the cannabis distillate offers in the pharmaceutical and the personal care and cosmetics industry.
Naturally Sourced Extracts and Distillates Market to Grow Due to High Demand for Clean Label Products by the Consumers
Increasing consumer awareness has brought a change in their perception. The consumers look at a variety of factors like flavour, texture, aroma, price, ingredients, etc. before buying a product. Therefore, it becomes necessary to develop a product that fulfills the requirements of the consumers.
Also, the increasing trend of using products that are clean label without any chemicals incorporated into the product and also all the ingredients used listed on the labels. This has resulted in the manufacturers preferring to use natural ingredients in their products. Thus, natural extracts and distillates are high in demand in the market.
Extracts and Distillates Market: Regional Analysis
The extracts and distillates are used in various different applications such as food, beverages, pharmaceuticals, nutraceuticals, and personal care and cosmetics industry. Thus, the demand for the extracts and distillates is high in the global market.
The demand for organic extracts and distillates is more as the clean label products are preferred by the consumers and the market value of these products is also more. The extracts and distillates market is high in demand in the Asia Pacific region where the food and beverages market is growing exponentially due to the growing population.
The extracts and distillates in Europe and the Middle East and Africa are high in demand for use in cosmetics and personal care products. The sourcing of the raw material is an important factor in the extracts and distillates market.
Extracts and Distillates Market: Key Participants
The key participants in the extracts and distillates market are:
- Kerry Group
- Shank’s Extracts, Inc.
- Organa Brands
- Archer Daniels Midland Company
- Teawolf LLC
- WILD Flavors GmbH
- V. Extracts Plant Ltd.
- Exclusive Extracts
- Jean GAZIGNAIRE S.A.S.
- Geyer GmbH & Co. KG.
- RAD Extraction
- Nutramaxx Food GmbH
- Koninklijke De Kuyper
- L’Italiana Aromi SRL
The research report presents a comprehensive assessment of the extracts and distillates market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as product type, application, and end use.
The report covers exhaustive analysis on
- Extracts and Distillates Market Segments
- Extracts and Distillates Market Dynamics
- Extracts and Distillates Market Size
- Extracts and Distillates Supply and Demand
- Current Trends/Issues/Challenges pertaining to Extracts and Distillates Market
- Competition Landscape and Emerging Market Participants in Extracts and Distillates Market
- Technology related to Production/Processing of Extracts and Distillates
- Value Chain Analysis of the Extracts and Distillates Market
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Extracts and Distillates Market: Segmentation
The extracts and distillates market has been segmented on the basis of nature, source, application, and distribution channel.
On the basis of process, the extracts and distillates market can be segmented as:
- Solvent Extraction
- Cold-Press Extraction
On the basis of nature, the extracts and distillates market can be segmented as:
On the basis of source, the extracts and distillates market can be segmented as:
- Coffee and Tea
On the basis of application, the extracts and distillates market can be segmented as:
- Food and Beverages
- Bakery and Cereal
- Dairy Products
- Personal Care and Cosmetics
On the basis of distribution channel, the extracts and distillates market can be segmented as:
- Modern Trade
- F&B Specialty Stores
- Online Retail
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