Growing market for Food Botanicals Industry 2021

 Food botanicals refer to concentrated plant extracts or herbs that are used to add fragrance, flavors, or color in the food industry.

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 These may include dried or fresh plants and plant parts. They are also used to add therapeutic properties to the food item and to extend the shelf life of the product. Dietary supplements incorporate herbs to enhance the value and efficacy of food products and provide immunity against certain diseases. Food botanicals are mainly sourced from plants and algae and extracted in different organic solvents or water to be used in the food, cosmetic and pharmaceuticals industry.

The food botanicals market is anticipated to grow in the forecast period owing to driving factors such as rising consumer awareness towards health benefits of food botanicals and the importance of right nutrition. Therapeutic actions of food botanicals and demands for functional foods have propelled the growth of the food botanicals market. However, lack of dosage instructions, potential risks of toxicity and the adoption of modern medicines may hamper the growth of the food botanicals market. Nonetheless, growing inclination towards organic products and technological advancements in the field showcase major growth opportunities for the food botanicals market during the forecast period.