San Francisco, California, May 29, 2018: A recent market research report by TMR Research presents a detailed analytical analysis of the present, past, and potential future growth dynamics of the global market food botanicals. The report, titled “Food Botanicals Market – Global Industry Analysis, Size, Share, Category, Growth, Trends, and Forecast 2017–2025,” states that the market will expand at a swift pace over the report’s forecast period owing to the rising demand for healthier foods and beverages from across the globe.
The market is also envisioned to benefit from changing food habits of the global population as the awareness regarding the need for healthy foods for maintaining physical and mental health has increased. A vast rise in the number of companies offering food botanicals, rise in the number and global popularity of food products that use food botanicals, and rising disposable incomes are also contributing to the positive development of the global food botanicals market.
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The report examines the impact of key drivers, restraints, and popular trend on the overall development of the market over the next few years. The report segments the market based on criteria such as product source, application, end-use, form, and region. Based on geography, the market for food botanicals has been covered for regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Presently, the market in Asia Pacific is at the forefront of most developments and growth opportunities. The regional market is also expected to expand at a promising pace over the forecast period, thanks to the rising awareness among the population regarding a healthy lifestyle and the high uptake of herbal medications.
Some of the leading companies operating in the market are Associated British Foods Plc., Kerry Group Plc, BRF S.A., and Arcadian Organic & Natural Meat Co.