Global Plant Extracts Market Size and Forecast To 2025 Global Plant Extracts Market Analysis According to Verified Market Intelligence, The Global Plant Extracts Market was valued at USD 36.5 billion in 2017 and is projected to reach USD 61.30 billion by 2025, growing at a CAGR of 6.0% from 2018 to 2025.
What are Plant Extracts? Plant extract is defined as the collection of essential crude mixtures obtained from extraction of different parts of plants, which is extracted by using solvents such as ethanol or water. These extracts comprise of various chemical compositions such as resin alcohols, starches, phlegmatics, carotenoids, hydrocarbon resins, gums, and quinones. Plant extracts are used for various functionalities such as skin medicines, anti-irritants, wetting, anti-inflammatory, sterilizers, anti-infective, and skin protection among others. These extracts have applications in the different sector such as pharmaceuticals, food & beverages, cosmetics, and others.
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