A plant extract is defined as a substance or an active ingredient with desirable properties. These extracts are extracted from the tissue of a plant, usually by treating them with a solvent, such as alcohol or water. Plant extracts are used as ingredients in food and other consumer products for various functions such as modifying flavors, aroma, or nutritive quality.
plant extracts
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.