Increased demand for natural and herbal products in the recent past have led to an impressive growth of various medicinal herbs, pushing the research and developments in the medicinal herbs market. The medicinal herbs market is profoundly influenced by multiple properties and benefits served by these medicinal herbs, which is projected to drive the global medicinal herbs market through .
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Plant Extracts Market: Market Dynamics
According to MarketsandMarkets analysis, the plant extracts market is estimated to be valued at USD 23.7 billion in 2019 and is projected to reach USD 59.4 billion by 2025, at a CAGR of 16.5% from 2019 to 2025.