Market Size of Asia-Pacific Spice and Herb Extracts Industry
| Study Period | 2018 - 2028 |
| Base Year For Estimation | 2021 |
| Forecast Data Period | 2024 - 2028 |
| Historical Data Period | 2018 - 2020 |
| CAGR | 6.89 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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APAC Spice & Herb Extracts Market Analysis
The Asia-Pacific spice and herb extracts market is anticipated to register a CAGR of 6.89%, over the forecast period, 2020 - 2025.
- The market for spice and herb extracts in this region is thriving due to strong local demand. These extracts are relevant as food preservatives and shelf-life extension ingredients, owing to the tropical climate in most of the countries in the region.
- Many companies, like Dohler, are focusing on natural herb and spice extracts as they are becoming popular in every segment of the food and beverage industry and offer plenty of scope for new and attractive taste creations.
