Functional Extracts Market Overview (2022 to 2032)

The functional extracts market is likely to register a CAGR of 6.5% during the forecast period and is anticipated to reach a market share of US$ 190.95 Billion from US$ 98.9 Billion in 2021, owing to the consumer awareness of healthy supplements.

Attributes Details
Functional Extracts Market CAGR 6.5%
Functional Extracts Market Size (2021) US$ 98.9 Billion
Functional Extracts Market Size (2032) US$ 190.95 Billion

The global functional extracts market is growing at a rapid pace. The increase in the usage and consumption of organic goods in food and beverage, cosmetics, medicines, and other industries is a major driver of demand for functional extracts.

Consumer desire for natural and organic ingredients in these goods is propelling the functional extracts market forward, improving the sales of the functional extracts market.

The growth of the functional extract market is rising consumer interest in health supplements and rising consumer awareness of health and wealth, which has resulted in an increase in the demand for functional extracts in their daily dietary supplement consumption.

Despite the fact that there are numerous bogus health supplements on the market, consumers demand functional extracts from plants, which are common sources of desired supplements, due to their health and dietary benefits. During the projected period, the functional food extracts market is expected to grow due to consumer preferences for nutritional and convenience foods, which enhanced the sales of functional extracts.

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What is Proliferating the Functional Extracts Market Share?

In emerging markets, the population of health-conscious people is quickly growing, fueling demand for functional extracts.

People are also becoming more aware of the benefits of using and consuming naturally extracted products, which is boosting the functional extracts markets. The increase is attributable to an increase in the production and consumption of nutritional foods on the market.

What is Obstructing the Growth of the Functional Extracts Market?

The availability of replacements and a scarcity of raw materials are the key constraints in the functional extracts market.

Manufacturing and extraction of numerous additional useful components also necessitate highly sanitized and technological equipment and techniques, which hampers the demand for functional extracts. Due to the high cost of production, the end product's price is similarly expensive. It leads to lower supply and a reduction in the sales of functional extracts.

Nandini Roy Choudhury
Nandini Roy Choudhury

Principal Consultant

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What are the Opportunities Available in the Functional Extracts Market?

The market's producers are constantly attempting to increase their functional extracts' market share, and there are several opportunities in the market. In the market, a big number of players are selling a variety of functional extracts to expand their functional extracts' market share.

In the functional extracts market, there is more competition due to increased research and development. As a result of increased sales of functional extracts and rising investments in the food and beverage, pharmaceutical, cosmetics, and personal care industries, manufacturers of functional extracts have a lot of options.

What are the Challenges faced by the Functional Extracts Market?

The demand for functional extracts is challenged, as the creation and distribution of functional extracts are complicated, costly, and uncertain. Consumer awareness of the health implications of individual ingredients can influence whether or not a functional extract is accepted.

To boost the sales of functional extracts and solve the issue associated with the selection and development of strains, as well as related manufacturing procedures, the researcher must work diligently.

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Which is the Leading Region in the Functional Extracts Market?

Germany, the USA, China, the United Kingdom, Thailand, India, and Brazil are among the nations that have contributed to the growth of the worldwide functional extracts market share.

In 2020, the market will be dominated by the North American region. The prevalence of chronic diseases as a result of hurried lives, as well as growing consumer knowledge of the health benefits of functional foods, are driving this dominance.

The functional food ingredients sector is putting more money into research projects with the goal of boosting sales of functional extract and introducing novel ingredients to meet the diverse needs of potential customers in the region.

How is the Competitive Landscape in the Functional Extracts Market?

Key rivals are focusing their efforts on increasing functional extracts' market share, resulting in greater competition between multinational and domestic firms. To improve the productivity and sales of functional extracts, manufacturers are implementing innovative strategies.

Some of the leading market players include Archer Daniels Midland Company, Green Source Organics, The Green Labs LLC, Bell Flavors and Fragrances, Applied Food Sciences Inc., FutureCeuticals Inc., Morre-Tec Industries Inc., Kerry Inc., Pure World Inc., Naturex Inc., VF Bioscience SAS, NOF America Corporation, Teawolf LLC, Kalsec Inc., and Tianjiang Pharmaceutical Co., Ltd.

  • Cargill announced EpiCor, a dry yeast fermentate that has been clinically proven in dietary supplement trials to beneficially modify the gut microbiota and give immune system support, in May 2021.
  • Evolve BioSystems, Inc. is backed by Cargill and Manna Tree in February 2021, with the goal of assisting the firm in continuing to commercialize next-generation probiotics capable of treating a widespread deficiency in the newborn gut microbiota.

Scope Of Report

Report Attribute Details
Growth rate CAGR of 6.5% from 2022 to 2032
The base year for estimation 2021
Historical data 2015 to 2020
Forecast period 2022 to 2032
Quantitative units Revenue in USD Million and CAGR from 2022 to 2032
Report Coverage Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis
Segments Covered Nature, application, source, region
Regional scope North America; Western Europe; Eastern Europe; Middle East; Africa; ASEAN; South Asia; Rest of Asia; Australia; and New Zealand
Country scope USA, Canada, Mexico, Germany, United Kingdom, France, Italy, Spain, Russia, Belgium, Poland, Czech Republic, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, United Arab Emirates, Iran, South Africa
Key companies profiled Archer Daniels Midland Company; Green Source Organics; The Green Labs LLC; Bell Flavors and Fragrances; Applied Food Sciences Inc.; FutureCeuticals Inc.; Morre-Tec Industries Inc.; Kerry Inc.; Pure World Inc.; Naturex Inc.; VF Bioscience SAS; NOF America Corporation; Teawolf LLC; Kalsec Inc.; and Tianjiang Pharmaceutical Co.; Ltd.
Customization scope Free report customization (equivalent to up to 8 analysts' working days) with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options Avail customized purchase options to meet your exact research needs.

Frequently Asked Questions

What is the Growth Outlook for the Functional Extracts Market?

The functional extracts market is anticipated to register a CAGR of 6.5% during the forecast period.

What is the Share of the Functional Extracts Market?

The functional extracts market share is anticipated to reach US$ 190.95 Billion in 2032.

Which is the Key Driver in the Functional Extracts Market?

Demand for function extracts is likely to rise due to consumer awareness of healthy supplements.

Table of Content
1. Executive Summary | Functional Extracts Market
    1.1. Global Market Outlook
    1.2. Demand-side Trends
    1.3. Supply-side Trends
    1.4. Technology Roadmap Analysis
    1.5. Analysis and Recommendations
2. Market Overview
    2.1. Market Coverage / Taxonomy
    2.2. Market Definition / Scope / Limitations
3. Market Background
    3.1. Market Dynamics
        3.1.1. Drivers
        3.1.2. Restraints
        3.1.3. Opportunity
        3.1.4. Trends
    3.2. Scenario Forecast
        3.2.1. Demand in Optimistic Scenario
        3.2.2. Demand in Likely Scenario
        3.2.3. Demand in Conservative Scenario
    3.3. Opportunity Map Analysis
    3.4. Product Life Cycle Analysis
    3.5. Supply Chain Analysis
        3.5.1. Supply Side Participants and Their Roles
            3.5.1.1. Producers
            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
            3.5.1.3. Wholesalers and Distributors
        3.5.2. Value Added and Value Created at Node in the Supply Chain
        3.5.3. List of Raw Material Suppliers
        3.5.4. List of Existing and Potential Buyers
    3.6. Investment Feasibility Matrix
    3.7. Value Chain Analysis
        3.7.1. Profit Margin Analysis
        3.7.2. Wholesalers and Distributors
        3.7.3. Retailers
    3.8. PESTLE and Porter’s Analysis
    3.9. Regulatory Landscape
        3.9.1. By Key Regions
        3.9.2. By Key Countries
    3.10. Regional Parent Market Outlook
    3.11. Production and Consumption Statistics
    3.12. Import and Export Statistics
4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032
    4.1. Historical Market Size Value (US$ Million) & Volume (MT) Analysis, 2017 to 2021
    4.2. Current and Future Market Size Value (US$ Million) & Volume (MT) Projections, 2022 to 2032
        4.2.1. Y-o-Y Growth Trend Analysis
        4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Source
    5.1. Introduction / Key Findings
    5.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Source, 2017 to 2021
    5.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Source, 2022 to 2032
        5.3.1. Plants
        5.3.2. Vegetables
        5.3.3. Fruits
        5.3.4. Seeds
        5.3.5. Flowers
    5.4. Y-o-Y Growth Trend Analysis By Source, 2017 to 2021
    5.5. Absolute $ Opportunity Analysis By Source, 2022 to 2032
  Deep-dive segmentation will be available in the sample on request
6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application
    6.1. Introduction / Key Findings
    6.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Application, 2017 to 2021
    6.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Application, 2022 to 2032
        6.3.1. Food
        6.3.2. Beverages
        6.3.3. Pharmaceuticals
        6.3.4. Dietary Supplements
        6.3.5. Animal Nutrition
        6.3.6. Cosmetics
        6.3.7. Personal Care
    6.4. Y-o-Y Growth Trend Analysis By Application, 2017 to 2021
    6.5. Absolute $ Opportunity Analysis By Application, 2022 to 2032
  Deep-dive segmentation will be available in the sample on request
7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Form
    7.1. Introduction / Key Findings
    7.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Form, 2017 to 2021
    7.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Form, 2022 to 2032
        7.3.1. Powder
        7.3.2. Liquid
    7.4. Y-o-Y Growth Trend Analysis By Form, 2017 to 2021
    7.5. Absolute $ Opportunity Analysis By Form, 2022 to 2032
  Deep-dive segmentation will be available in the sample on request
8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Nature
    8.1. Introduction / Key Findings
    8.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Nature, 2017 to 2021
    8.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Nature, 2022 to 2032
        8.3.1. Organic
        8.3.2. Conventional
    8.4. Y-o-Y Growth Trend Analysis By Nature, 2017 to 2021
    8.5. Absolute $ Opportunity Analysis By Nature, 2022 to 2032
  Deep-dive segmentation will be available in the sample on request
9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
    9.1. Introduction
    9.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Region, 2017 to 2021
    9.3. Current Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Region, 2022 to 2032
        9.3.1. North America
        9.3.2. Latin America
        9.3.3. Europe
        9.3.4. East Asia
        9.3.5. South Asia & Pacific
        9.3.6. Middle East and Africa
    9.4. Market Attractiveness Analysis By Region
10. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
    10.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2017 to 2021
    10.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2022 to 2032
        10.2.1. By Country
            10.2.1.1. USA
            10.2.1.2. Canada
        10.2.2. By Source
        10.2.3. By Application
        10.2.4. By Form
        10.2.5. By Nature
    10.3. Market Attractiveness Analysis
        10.3.1. By Country
        10.3.2. By Source
        10.3.3. By Application
        10.3.4. By Form
        10.3.5. By Nature
    10.4. Key Takeaways
11. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
    11.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2017 to 2021
    11.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2022 to 2032
        11.2.1. By Country
            11.2.1.1. Mexico
            11.2.1.2. Brazil
            11.2.1.3. Rest of Latin America
        11.2.2. By Source
        11.2.3. By Application
        11.2.4. By Form
        11.2.5. By Nature
    11.3. Market Attractiveness Analysis
        11.3.1. By Country
        11.3.2. By Source
        11.3.3. By Application
        11.3.4. By Form
        11.3.5. By Nature
    11.4. Key Takeaways
12. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
    12.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2017 to 2021
    12.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2022 to 2032
        12.2.1. By Country
            12.2.1.1. Germany
            12.2.1.2. Italy
            12.2.1.3. France
            12.2.1.4. United Kingdom
            12.2.1.5. Spain
            12.2.1.6. BENELUX
            12.2.1.7. Russia
            12.2.1.8. Rest of Europe
        12.2.2. By Source
        12.2.3. By Application
        12.2.4. By Form
        12.2.5. By Nature
    12.3. Market Attractiveness Analysis
        12.3.1. By Country
        12.3.2. By Source
        12.3.3. By Application
        12.3.4. By Form
        12.3.5. By Nature
    12.4. Key Takeaways
13. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
    13.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2017 to 2021
    13.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2022 to 2032
        13.2.1. By Country
            13.2.1.1. China
            13.2.1.2. Japan
            13.2.1.3. South Korea
        13.2.2. By Source
        13.2.3. By Application
        13.2.4. By Form
        13.2.5. By Nature
    13.3. Market Attractiveness Analysis
        13.3.1. By Country
        13.3.2. By Source
        13.3.3. By Application
        13.3.4. By Form
        13.3.5. By Nature
    13.4. Key Takeaways
14. South Asia & Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
    14.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2017 to 2021
    14.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2022 to 2032
        14.2.1. By Country
            14.2.1.1. India
            14.2.1.2. ASEAN
            14.2.1.3. Australia and New Zealand
            14.2.1.4. Rest of South Asia & Pacific
        14.2.2. By Source
        14.2.3. By Application
        14.2.4. By Form
        14.2.5. By Nature
    14.3. Market Attractiveness Analysis
        14.3.1. By Country
        14.3.2. By Source
        14.3.3. By Application
        14.3.4. By Form
        14.3.5. By Nature
    14.4. Key Takeaways
15. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
    15.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2017 to 2021
    15.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2022 to 2032
        15.2.1. By Country
            15.2.1.1. GCC Countries
            15.2.1.2. Turkey
            15.2.1.3. South Africa
            15.2.1.4. Rest of Middle East and Africa
        15.2.2. By Source
        15.2.3. By Application
        15.2.4. By Form
        15.2.5. By Nature
    15.3. Market Attractiveness Analysis
        15.3.1. By Country
        15.3.2. By Source
        15.3.3. By Application
        15.3.4. By Form
        15.3.5. By Nature
    15.4. Key Takeaways
16. Key Countries Market Analysis
    16.1. USA
        16.1.1. Pricing Analysis
        16.1.2. Market Share Analysis, 2021
            16.1.2.1. By Source
            16.1.2.2. By Application
            16.1.2.3. By Form
            16.1.2.4. By Nature
    16.2. Canada
        16.2.1. Pricing Analysis
        16.2.2. Market Share Analysis, 2021
            16.2.2.1. By Source
            16.2.2.2. By Application
            16.2.2.3. By Form
            16.2.2.4. By Nature
    16.3. Mexico
        16.3.1. Pricing Analysis
        16.3.2. Market Share Analysis, 2021
            16.3.2.1. By Source
            16.3.2.2. By Application
            16.3.2.3. By Form
            16.3.2.4. By Nature
    16.4. Brazil
        16.4.1. Pricing Analysis
        16.4.2. Market Share Analysis, 2021
            16.4.2.1. By Source
            16.4.2.2. By Application
            16.4.2.3. By Form
            16.4.2.4. By Nature
    16.5. Germany
        16.5.1. Pricing Analysis
        16.5.2. Market Share Analysis, 2021
            16.5.2.1. By Source
            16.5.2.2. By Application
            16.5.2.3. By Form
            16.5.2.4. By Nature
    16.6. Italy
        16.6.1. Pricing Analysis
        16.6.2. Market Share Analysis, 2021
            16.6.2.1. By Source
            16.6.2.2. By Application
            16.6.2.3. By Form
            16.6.2.4. By Nature
    16.7. France
        16.7.1. Pricing Analysis
        16.7.2. Market Share Analysis, 2021
            16.7.2.1. By Source
            16.7.2.2. By Application
            16.7.2.3. By Form
            16.7.2.4. By Nature
    16.8. United Kingdom
        16.8.1. Pricing Analysis
        16.8.2. Market Share Analysis, 2021
            16.8.2.1. By Source
            16.8.2.2. By Application
            16.8.2.3. By Form
            16.8.2.4. By Nature
    16.9. Spain
        16.9.1. Pricing Analysis
        16.9.2. Market Share Analysis, 2021
            16.9.2.1. By Source
            16.9.2.2. By Application
            16.9.2.3. By Form
            16.9.2.4. By Nature
    16.10. BENELUX
        16.10.1. Pricing Analysis
        16.10.2. Market Share Analysis, 2021
            16.10.2.1. By Source
            16.10.2.2. By Application
            16.10.2.3. By Form
            16.10.2.4. By Nature
    16.11. Russia
        16.11.1. Pricing Analysis
        16.11.2. Market Share Analysis, 2021
            16.11.2.1. By Source
            16.11.2.2. By Application
            16.11.2.3. By Form
            16.11.2.4. By Nature
    16.12. China
        16.12.1. Pricing Analysis
        16.12.2. Market Share Analysis, 2021
            16.12.2.1. By Source
            16.12.2.2. By Application
            16.12.2.3. By Form
            16.12.2.4. By Nature
    16.13. Japan
        16.13.1. Pricing Analysis
        16.13.2. Market Share Analysis, 2021
            16.13.2.1. By Source
            16.13.2.2. By Application
            16.13.2.3. By Form
            16.13.2.4. By Nature
    16.14. South Korea
        16.14.1. Pricing Analysis
        16.14.2. Market Share Analysis, 2021
            16.14.2.1. By Source
            16.14.2.2. By Application
            16.14.2.3. By Form
            16.14.2.4. By Nature
    16.15. India
        16.15.1. Pricing Analysis
        16.15.2. Market Share Analysis, 2021
            16.15.2.1. By Source
            16.15.2.2. By Application
            16.15.2.3. By Form
            16.15.2.4. By Nature
    16.16. ASIAN
        16.16.1. Pricing Analysis
        16.16.2. Market Share Analysis, 2021
            16.16.2.1. By Source
            16.16.2.2. By Application
            16.16.2.3. By Form
            16.16.2.4. By Nature
    16.17. Australia and New Zealand
        16.17.1. Pricing Analysis
        16.17.2. Market Share Analysis, 2021
            16.17.2.1. By Source
            16.17.2.2. By Application
            16.17.2.3. By Form
            16.17.2.4. By Nature
    16.18. GCC Countries
        16.18.1. Pricing Analysis
        16.18.2. Market Share Analysis, 2021
            16.18.2.1. By Source
            16.18.2.2. By Application
            16.18.2.3. By Form
            16.18.2.4. By Nature
    16.19. Turkey
        16.19.1. Pricing Analysis
        16.19.2. Market Share Analysis, 2021
            16.19.2.1. By Source
            16.19.2.2. By Application
            16.19.2.3. By Form
            16.19.2.4. By Nature
    16.20. South Africa
        16.20.1. Pricing Analysis
        16.20.2. Market Share Analysis, 2021
            16.20.2.1. By Source
            16.20.2.2. By Application
            16.20.2.3. By Form
            16.20.2.4. By Nature
17. Market Structure Analysis
    17.1. Competition Dashboard
    17.2. Competition Benchmarking
    17.3. Market Share Analysis of Top Players
        17.3.1. By Regional
        17.3.2. By Source
        17.3.3. By Application
        17.3.4. By Form
        17.3.5. By Nature
18. Competition Analysis
    18.1. Competition Deep Dive
        18.1.1. Archer Daniels Midland Company
            18.1.1.1. Overview
            18.1.1.2. Product Portfolio
            18.1.1.3. Profitability by Market Segments
            18.1.1.4. Sales Footprint
            18.1.1.5. Strategy Overview
                18.1.1.5.1. Marketing Strategy
                18.1.1.5.2. Product Strategy
                18.1.1.5.3. Channel Strategy
        18.1.2. Green Source Organics
            18.1.2.1. Overview
            18.1.2.2. Product Portfolio
            18.1.2.3. Profitability by Market Segments
            18.1.2.4. Sales Footprint
            18.1.2.5. Strategy Overview
                18.1.2.5.1. Marketing Strategy
                18.1.2.5.2. Product Strategy
                18.1.2.5.3. Channel Strategy
        18.1.3. The Green Labs LLC
            18.1.3.1. Overview
            18.1.3.2. Product Portfolio
            18.1.3.3. Profitability by Market Segments
            18.1.3.4. Sales Footprint
            18.1.3.5. Strategy Overview
                18.1.3.5.1. Marketing Strategy
                18.1.3.5.2. Product Strategy
                18.1.3.5.3. Channel Strategy
        18.1.4. Bell Flavors and Fragrances
            18.1.4.1. Overview
            18.1.4.2. Product Portfolio
            18.1.4.3. Profitability by Market Segments
            18.1.4.4. Sales Footprint
            18.1.4.5. Strategy Overview
                18.1.4.5.1. Marketing Strategy
                18.1.4.5.2. Product Strategy
                18.1.4.5.3. Channel Strategy
        18.1.5. Applied Food Sciences Inc.
            18.1.5.1. Overview
            18.1.5.2. Product Portfolio
            18.1.5.3. Profitability by Market Segments
            18.1.5.4. Sales Footprint
            18.1.5.5. Strategy Overview
                18.1.5.5.1. Marketing Strategy
                18.1.5.5.2. Product Strategy
                18.1.5.5.3. Channel Strategy
        18.1.6. FutureCeuticals Inc.
            18.1.6.1. Overview
            18.1.6.2. Product Portfolio
            18.1.6.3. Profitability by Market Segments
            18.1.6.4. Sales Footprint
            18.1.6.5. Strategy Overview
                18.1.6.5.1. Marketing Strategy
                18.1.6.5.2. Product Strategy
                18.1.6.5.3. Channel Strategy
        18.1.7. Morre-Tec Industries Inc.
            18.1.7.1. Overview
            18.1.7.2. Product Portfolio
            18.1.7.3. Profitability by Market Segments
            18.1.7.4. Sales Footprint
            18.1.7.5. Strategy Overview
                18.1.7.5.1. Marketing Strategy
                18.1.7.5.2. Product Strategy
                18.1.7.5.3. Channel Strategy
        18.1.8. Kerry Inc.
            18.1.8.1. Overview
            18.1.8.2. Product Portfolio
            18.1.8.3. Profitability by Market Segments
            18.1.8.4. Sales Footprint
            18.1.8.5. Strategy Overview
                18.1.8.5.1. Marketing Strategy
                18.1.8.5.2. Product Strategy
                18.1.8.5.3. Channel Strategy
        18.1.9. Naturex, S.A.
            18.1.9.1. Overview
            18.1.9.2. Product Portfolio
            18.1.9.3. Profitability by Market Segments
            18.1.9.4. Sales Footprint
            18.1.9.5. Strategy Overview
                18.1.9.5.1. Marketing Strategy
                18.1.9.5.2. Product Strategy
                18.1.9.5.3. Channel Strategy
        18.1.10. VF Bioscience SAS
            18.1.10.1. Overview
            18.1.10.2. Product Portfolio
            18.1.10.3. Profitability by Market Segments
            18.1.10.4. Sales Footprint
            18.1.10.5. Strategy Overview
                18.1.10.5.1. Marketing Strategy
                18.1.10.5.2. Product Strategy
                18.1.10.5.3. Channel Strategy
        18.1.11. NOF America Corporation
            18.1.11.1. Overview
            18.1.11.2. Product Portfolio
            18.1.11.3. Profitability by Market Segments
            18.1.11.4. Sales Footprint
            18.1.11.5. Strategy Overview
                18.1.11.5.1. Marketing Strategy
                18.1.11.5.2. Product Strategy
                18.1.11.5.3. Channel Strategy
        18.1.12. Kalsec Inc.
            18.1.12.1. Overview
            18.1.12.2. Product Portfolio
            18.1.12.3. Profitability by Market Segments
            18.1.12.4. Sales Footprint
            18.1.12.5. Strategy Overview
                18.1.12.5.1. Marketing Strategy
                18.1.12.5.2. Product Strategy
                18.1.12.5.3. Channel Strategy
        18.1.13. Tianjiang Pharmaceutical Co., Ltd.
            18.1.13.1. Overview
            18.1.13.2. Product Portfolio
            18.1.13.3. Profitability by Market Segments
            18.1.13.4. Sales Footprint
            18.1.13.5. Strategy Overview
                18.1.13.5.1. Marketing Strategy
                18.1.13.5.2. Product Strategy
                18.1.13.5.3. Channel Strategy
        18.1.14. Döhler GmbH
            18.1.14.1. Overview
            18.1.14.2. Product Portfolio
            18.1.14.3. Profitability by Market Segments
            18.1.14.4. Sales Footprint
            18.1.14.5. Strategy Overview
                18.1.14.5.1. Marketing Strategy
                18.1.14.5.2. Product Strategy
                18.1.14.5.3. Channel Strategy
        18.1.15. Synergy Flavors
            18.1.15.1. Overview
            18.1.15.2. Product Portfolio
            18.1.15.3. Profitability by Market Segments
            18.1.15.4. Sales Footprint
            18.1.15.5. Strategy Overview
                18.1.15.5.1. Marketing Strategy
                18.1.15.5.2. Product Strategy
                18.1.15.5.3. Channel Strategy
        18.1.16. Blue Sky Botanics Ltd.
            18.1.16.1. Overview
            18.1.16.2. Product Portfolio
            18.1.16.3. Profitability by Market Segments
            18.1.16.4. Sales Footprint
            18.1.16.5. Strategy Overview
                18.1.16.5.1. Marketing Strategy
                18.1.16.5.2. Product Strategy
                18.1.16.5.3. Channel Strategy
        18.1.17. MB-Holding GmbH & Co. KG
            18.1.17.1. Overview
            18.1.17.2. Product Portfolio
            18.1.17.3. Profitability by Market Segments
            18.1.17.4. Sales Footprint
            18.1.17.5. Strategy Overview
                18.1.17.5.1. Marketing Strategy
                18.1.17.5.2. Product Strategy
                18.1.17.5.3. Channel Strategy
        18.1.18. Frutarom Industries Ltd.
            18.1.18.1. Overview
            18.1.18.2. Product Portfolio
            18.1.18.3. Profitability by Market Segments
            18.1.18.4. Sales Footprint
            18.1.18.5. Strategy Overview
                18.1.18.5.1. Marketing Strategy
                18.1.18.5.2. Product Strategy
                18.1.18.5.3. Channel Strategy
        18.1.19. Bayir Extracts Pvt Ltd
            18.1.19.1. Overview
            18.1.19.2. Product Portfolio
            18.1.19.3. Profitability by Market Segments
            18.1.19.4. Sales Footprint
            18.1.19.5. Strategy Overview
                18.1.19.5.1. Marketing Strategy
                18.1.19.5.2. Product Strategy
                18.1.19.5.3. Channel Strategy
        18.1.20. Martin Bauer Group
            18.1.20.1. Overview
            18.1.20.2. Product Portfolio
            18.1.20.3. Profitability by Market Segments
            18.1.20.4. Sales Footprint
            18.1.20.5. Strategy Overview
                18.1.20.5.1. Marketing Strategy
                18.1.20.5.2. Product Strategy
                18.1.20.5.3. Channel Strategy
19. Assumptions & Acronyms Used
20. Research Methodology

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