Home > > Europe And Global Natural Extracts Market- Size, Share, Growth Rate, and Forecast

Europe And Global Natural Extracts Market- Size, Share, Growth Rate, and Forecast

  • Report Code: IQ4K3171
  • Published Date: August, 2024
  • Pages: 105

Industry Overview

The Europe Natural Extracts market was valued at $6,069.4 Million in 2023, and is projected to reach $9,928.6 Million by 2030 growing at a CAGR of 7.34% from 2024 to 2030. Dried Crops segment is expected to be the highest contributor to this market, with $2,342.0 Million in 2023, and is anticipated to reach $3,605.6 by 2030, registering a CAGR of 6.41%. Oleoresins segment is anticipated to reach $1,048.6 Million by 2030 with the highest CAGR of 10.12%. Dried Crops and Essential Oils segments collectively expected to account for about 67.2% share of the Europe Natural Extracts market in 2023, with the former constituting around 38.6% share. Oleoresins and Natural Colors segments are expected to witness significant growth rates at a CAGR of 10.12% and 9.30% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 17.3% in the overall Europe Natural Extracts market in 2023, and is anticipated to reach 20.2% by 2030.

 

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