A new report by Future Market Insights titled “Herb & Spice Extracts Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2027)” presents a holistic view of the global herb and spice extracts market and provides useful data and insights on key market dynamics, market growth, and trends and opportunities likely to prevail over a 10 year forecast period from 2017 to 2027.
According to Future Market Insights predictions, the global herb and spice extracts market is estimated to be valued at US$ 11.4 Bn by 2017 end and this is anticipated to increase to US$ 18.7 Bn by the end of the forecast period in 2027, witnessing a CAGR of 5.1% in terms of value.
Increasing demand for herbal products in the personal care category and more consumers driven towards ethnic flavours of herbs and spices in their diet is expected to drive the growth of the global herb and spice extracts market.
The global herb and spice extracts market revenue has been estimated by taking into account revenue of the regional herb and spice extracts markets of North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, and MEA. APEJ is slated to remain the... More...
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