Botanical Ingredient Market Outlook: Forecast and Analysis from 2024 to 2034
The global botanical ingredient market is slated to progress at a CAGR of 7.3%. This will elevate the market size from US$ 185.91 billion to US$ 374.84 billion from 2024 to 2034. The growing healthcare, cosmetic, and food and beverage markets leverage the demand for botanical ingredients.
Consumer habits are evolving, which is driving the demand for environmentally friendly goods. Furthermore, the desire for healthy products from customers is fueling the creation of botanical ingredients. As a result, the demand for natural food ingredients grows
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