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The botanicals market size is forecast to increase by USD 7.85 billion at a CAGR of 15.22% between 2023 and 2028. The market is experiencing significant growth due to the increasing demand for sustainable ingredients in various industries, including bakery, dairy, confectionery, and functional beverages. Consumers are increasingly seeking out products made with natural botanical ingredients, such as sage leaf and rose petal, as part of the clean eating trend. In the food and beverage sector, botanicals are being used to enhance flavors and add functional benefits. Strict quality standards and regulations ensure the safety and authenticity of these ingredients. The market is expected to continue growing as consumers become more health-conscious and seek out natural, organic alternatives to synthetic ingredients in their daily lives.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Source
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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