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Report overview
The functional extracts are concentrated phytonutrients which are available naturally in most of the vegetables, plants, and fruits. Functional extracts are the extracts derived from sources like plants, vegetables, and fruits. Functional extracts play an important role in increasing the nutritional levels of food products, supplements, and drinks.
This report contains market size and forecasts of Functional Extracts in global, including the following market information:
Global Functional Extracts Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Functional Extracts Market Sales, 2017-2022, 2023-2028, (K Tons)
Global top five Functional Extracts companies in 2021 (%)
The global Functional Extracts market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Fruits Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Functional Extracts include Archer Daniels Midland Company, Green Source Organics, The Green Labs LLC, Bell Flavors and Fragrances, Applied Food Sciences Inc., FutureCeuticals Inc., Morre-Tec Industries Inc., Kerry Inc. and Pure World Inc., etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Functional Extracts manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Functional Extracts Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Tons)
Global Functional Extracts Market Segment Percentages, by Type, 2021 (%)
Global Functional Extracts Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Tons)
Global Functional Extracts Market Segment Percentages, by Application, 2021 (%)
Global Functional Extracts Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Tons)
Global Functional Extracts Market Segment Percentages, By Region and Country, 2021 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include: