BOTANICAL EXTRACTS MARKET ANALYSIS

Name: Botanical Extracts Market News
Creator: Coherent Market Insights
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Botanical Extracts Market, by Source (Spices, Herbs, Flowers, Tea Leaves), Form (Liquid, Powder), Application (Food, Beverages, Pharmaceutical, Cosmetic & Personal Care) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

Key Developments

In Jan 2019, International Flavors & Fragrances Inc. announced that its Frutarom Division has completed the acquisition of 60% of the share capital of The Mighty co. Ltd. This was done in Thailand with the objective of continuing its growth strategy in Southeast Asia.
In Nov 2018, FutureCeuticals, Inc. introduced S7, which was added to the sports nutrition line of the branded products. This product is a blend of seven plant based ingredients, which have the capability of boosting the nitric oxide levels within the human body by 230% over the baseline.
In Aug 2016, Indesso Group made a strategic decision of expanding its extract production facility along with the initiation of the construction of an R&D center at the Cileungsi plant. At this new facility, the company has also added new machinery such as the Multi-stage spray dryer, which is capable of producing the products in granule form that dissolved easily in water.