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South & Central America Plant Extracts Market Size and Forecast (2021-2031)
South & Central America Plant Extracts Market Size and Forecast (2021-2031), Country Share, Trend, and Growth Opportunity Analysis Report Coverage: By Form (Powder, Liquid, and Paste), Source (Fruits and Vegetables, Herbs and Spices, Flowers, and Others), Application (Food & Beverages, Pharmaceuticals & Nutraceuticals, Personal Care, and Others), and Country
$2,485 – $3,885
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Description
In the personal care, plant and botanical extracts are witnessing tremendous growth as people are replacing conventional products with natural, plant-based, and cruelty-free products. Therefore, manufacturers are developing plant extracts with widespread applications in various personal care products such as skin care, hair care, and bath and body products to meet the growing demand. Givaudan has developed a proprietary wheat peptide extract under the brand name Naturein which is a 100% natural and sustainable heir detangling ingredient. In the 2019 In-Cosmetics event in Brazil, Sao Paulo, the company presented this ingredient as a clean and sustainable alternative to cationic guar which is a key ingredient in the hair care category. As the cosmetics industry s booming in South America with increasing focus on clean and natural beauty products, such plant extracts are expected to experience robust growth in the coming years.
In the skin care category, natural, plant-based anti-aging products are booming as people are concerned about synthetic and animal-derived ingredients used in the cosmetic products. Quinoa seed extract obtained from quinoa plant, which is native to South America, is recognized for its exceptional anti-aging properties as it helps in skin firming. It also reduces the puffiness around eyes owing to which it is finding huge potential in eye creams.
In the fragrance industry, customers are rapidly shifting toward premium fragrances with natural, anti-allergic, and non-toxic ingredients. Biolandes, a French plant extracts company, introduced Rosa Damascena and vetiver extracts for the natural fragrance industry in the In-Cosmetics event hosted in Brazil in September 2022. These extracts find applications in fragrances suitable for sensitive, dry, and damaged skin as well.
Abundance of raw material due to the presence of Amazon rainforest with diverse plant species encourage manufacturers to launch food and beverages and personal care products that are infused with plant extracts. Moreover, rising disposable income and improving lifestyles boost the growth of the region’s functional food & beverages industry. Also, the increasing demand for natural ingredients in the region is attributed to the rising concerns related to health implications of synthetic chemical ingredients and availability of a wide range of products at supermarket aisles and online shopping platforms. Thus, the rising demand for functional food and beverage products is potentially driving the plant extracts market across South & Central America.
The plant extracts market is projected to grow significantly in the coming years, with prominent players such as Kerry Group Plc, Givaudan, and Symrise operating across South & Central America. These companies have a solid customer base across different regions and offer various plant extracts, including different flavors and fragrances, natural and plant-based ingredients, etc.
Based on form type, the plant extracts market is segmented into powder, liquid, and paste. The liquid segment holds significant market share in 2023. Liquid extract is the majorly available plant extract as it requires minimal processing compared to other forms. Other advantages of liquid extract are fast absorption, flexible blending features, and longer shelf life. The growing popularity of floral liquid extracts in the cosmetics industry fuels the South & Central America plant extract market growth for the liquid segment. Further, the rising use of spices and herbs essences in body lotions, hair oils, shampoos, and conditioners is expected to increase the demand for plant extracts in liquid form.
Grupo Natac SLU, Martin Bauer GmbH & Co KG, Archer-Daniels-Midland Co, Kemin Industries Inc, Ingredion Inc, Kerry Group Plc, International Flavors & Fragrances Inc, Dohler GmbH, Symrise AG, and Givaudan SA are among the key players operating in the South & Central America plant extracts market.
The overall South & Central America plant extracts market size has been derived using primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs; business development managers; market intelligence managers; national sales managers; and external consultants, including valuation experts, research analysts, and key opinion leaders, specializing in the South & Central America plant extracts market.
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According to our latest market study on “South & Central America Plant Extracts Market Forecast to 2031 – Country Share, Trend, and Growth Opportunity Analysis – by Form, Source, and Application,” the South & Central America plant extracts market size is projected to reach US$ 5.52 billion by 2031 from US$ 2.93 billion in 2023. The market is expected to register a CAGR of 8.2% from 2023 to 2031. The report includes growth prospects owing to the current South & Central America plant extracts market trends and their foreseeable impact during the forecast period.
Plant extracts are used as natural flavorings, colorants, and preservatives in food and beverage products. Consumers increasingly seek clean-label products, driving the demand for natural ingredients such as plant extracts in food products. Also, there is an increasing demand for various herbal and botanical extracts in the beverage industry. South & Central America boasts diverse botanicals enriched with unique flavors and properties, making them a popular category among food and beverage manufacturers with an aim to create a different product line in the market.
South & Central America Plant Extracts Market – by Region
Plant extracts are valued for their medicinal properties and health benefits in the pharmaceutical and nutraceutical industries. South & Central America are home to maca, maqui berry, acerola berry, camu camu, and numerous plants with traditional medicinal uses. These botanicals are rich in bioactive compounds such as antioxidants, vitamins, and minerals, making them popular ingredients in dietary supplements, herbal remedies, and functional foods. Maqui berry extracts are witnessing strong demand in pharmaceutical and nutraceutical products due to the high antioxidant content in these extracts. Maqui berries are the richest sources of anthocyanins with 25% of cyanidins and 75% of delphinidin composition. They comprise the highest delphinidin content among all the berries, including acai berries, bilberry, blueberries, and concord grapes. Delphinidin is extensively researched for its beneficial health effects, one of which is reducing postprandial blood glucose increase in individuals with impaired glucose regulation. Thus, pharmaceutical and nutraceutical manufacturers are incorporating maqui berry extracts in supplements that help regulate diabetes.
Plant extracts are also utilized in the animal feed industry to improve the health and performance of livestock and pets. The demand for natural and organic animal feed ingredients is driven by the need for sustainable and nutritionally dense feed options. Thus, the wide range of applications of plant extracts across various end-use industries drives the South & Central America plant extracts market.
Stringent regulations governing the use of plant extracts in food and beverages, nutricosmetics, and nutritional supplements in South & Central America impose a barrier to regional market players. In many countries across the region, plant extracts are used in manufacturing traditional medicines. As per the Food and Drug Administration, proper attention and safety management techniques are necessary to prevent the usage of potentially harmful herbs. For instance, plant extracts must be processed to normalize the toxicity or reduce the adverse effects before use. Manufacturers must use methods under stringent control and supervision by experienced and trained staff members. When accidents involving these risky herbal treatments result in poisoning, appropriate medical care should be carried out immediately. However, a lack of standardization leads to these regulatory issues. Thus, regulatory complexities associated with the manufacturing and use of plant extracts hamper the South & Central America plant extracts market growth.
Plant extracts made from herbs and spices are gaining popularity due to rising awareness about their health benefits and their distinctive flavor and aroma. Typical herbs and spice extracts in South & Central America include chili extracts, cayenne pepper extracts, cinnamon extracts, garlic extracts, and vanilla extracts, among others. Vanilla extracts are the most popular extracts used in a variety of food and beverages, personal care products, and nutraceuticals. Vanilla is cultivated in Ecuador, Brazil, and Peru. In Brazil, vanilla is majorly grown in Bahia. Brazil has unique varieties of vanilla, including Cribbiana, and Pompona. Ecuador is also one of the significant producers of vanilla in South & Central America. Major vanilla-producing areas in Ecuador are Esmeraldas and Manabí. Overall, the unique vanilla varieties cultivated in South & Central America are witnessing strong demand in the global market, due to which the region is expanding its vanilla cultivation in recent years. Further, people are gaining interest in Ayurvedic products for skin, hair, and nail health. Therefore, the use of herbs and spice extracts in various industries is surging the segment growth.
Grupo Natac SLU, Martin Bauer GmbH & Co KG, Archer-Daniels-Midland Co, Kemin Industries Inc, Ingredion Inc, Kerry Group Plc, International Flavors & Fragrances Inc, Dohler GmbH, Symrise AG, and Givaudan SA are among the major players operating in the South & Central America plant extracts market. Market players focus on developing high-quality products to fulfill the varied requirements of end users. Moreover, the key players are constantly adopting strategic development initiatives such as product development, collaborations, and partnerships to expand their market presence and have a significant place in the South & Central America plant extracts market share.
The geographic scope of the South & Central America plant extracts market report entails Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Costa Rica, and the Rest of South & Central America. In South & Central America, Argentina is expected to register the highest CAGR in the market during the forecast period. Moreover, Brazil accounted for a significant South & Central America plant extracts market share in 2023. Plant extracts are increasingly used in the pharmaceutical industry in Argentina due to the rising importance of herbal medicines. The pharmaceutical industry in the country is technologically modern and aims to provide an adequate supply of medicines at affordable prices with international standards. According to the Industrial Chamber Of Argentine Pharmaceutical Laboratories report, the pharmaceutical market in Argentina accounted for US$ 4.74 billion in 2020. The well-established pharmaceutical industry in Argentina and preference for herbal medicines among the population of all age groups is driving the plant extracts market in the country. Moreover, the steady growth of the cosmetic industry is also contributing to the expansion of the plant extracts market in Argentina.
South & Central America Plant Extracts Market Report Segmentation:
The South & Central America plant extracts market analysis is carried out by considering the following segments: form, source, and application. By form, the market is segmented into powder, liquid, and paste. The South & Central America plant extracts market, by source, is segmented into fruits and vegetables, herbs and spices, flowers, and others. In terms of application, the market is categorized into food & beverages, pharmaceuticals & nutraceuticals, personal care, and others.
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o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
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TABLE OF CONTENTS
1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Market Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
4. South & Central America Plant Extracts Market Landscape
4.1 Market Overview
4.2 Porter’s Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Materials Supplier
4.3.2 Manufacturers
4.3.3 Distributors or Wholesalers
4.3.4 Application
4.3.5 List of Vendors in the Value Chain
4.4 List of Potential Customers of Plant Extracts
5. South & Central America Plant Extracts Market – Key Market Dynamics
5.1 South & Central America Plant Extracts Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Rising Demand for Natural Ingredients in Food and Beverages
5.2.2 Growing Applications of Plant Extracts in Various Industries
5.3 Market Restraints
5.3.1 Regulatory Issues Associated with Usage of Plant Extracts
5.4 Market Opportunities
5.4.1 Growing Consumer Inclination toward Herbal Products
5.5 Future Trends
5.6 Impact of Drivers and Restraints:
6. South & Central America Plant Extracts Market Analysis
6.1 South & Central America Plant Extracts Market Revenue (US$ Million), 2021–2031
6.2 South & Central America Plant Extracts Market Forecast and Analysis
7. South & Central America Plant Extracts Market Analysis – by Form
7.1 Powder
7.1.1 Overview
7.1.2 Powder: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
7.2 Liquid
7.2.1 Overview
7.2.2 Liquid: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
7.3 Paste
7.3.1 Overview
7.3.2 Paste: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
8. South & Central America Plant Extracts Market Analysis – by Source
8.1 Fruits and Vegetables
8.1.1 Overview
8.1.2 Fruits and Vegetables: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
8.2 Herbs and Spices
8.2.1 Overview
8.2.2 Herbs and Spices: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
8.3 Flowers
8.3.1 Overview
8.3.2 Flowers: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
8.4 Others
8.4.1 Overview
8.4.2 Others: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
9. South & Central America Plant Extracts Market Analysis – by Application
9.1 Food & Beverages
9.1.1 Overview
9.1.2 Food & Beverages: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
9.2 Pharmaceuticals & Nutraceuticals
9.2.1 Overview
9.2.2 Pharmaceuticals & Nutraceuticals: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
9.3 Personal Care
9.3.1 Overview
9.3.2 Personal Care: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
9.4 Others
9.4.1 Overview
9.4.2 Others: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
10. South & Central America Plant Extracts Market – Country Analysis
10.1 South & Central America
10.1.1 South & Central America Plant Extracts Market Breakdown by Countries
10.1.2 South & Central America Plant Extracts Market Revenue and Forecast and Analysis – by Country
10.1.2.1 South & Central America Plant Extracts Market Revenue and Forecast and Analysis – by Country
10.1.2.2 Brazil: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
10.1.2.2.1 Brazil: South & Central America Plant Extracts Market Breakdown by Form
10.1.2.2.2 Brazil: South & Central America Plant Extracts Market Breakdown by Source
10.1.2.2.3 Brazil: South & Central America Plant Extracts Market Breakdown by Application
10.1.2.3 Argentina: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
10.1.2.3.1 Argentina: South & Central America Plant Extracts Market Breakdown by Form
10.1.2.3.2 Argentina: South & Central America Plant Extracts Market Breakdown by Source
10.1.2.3.3 Argentina: South & Central America Plant Extracts Market Breakdown by Application
10.1.2.4 Chile: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
10.1.2.4.1 Chile: South & Central America Plant Extracts Market Breakdown by Form
10.1.2.4.2 Chile: South & Central America Plant Extracts Market Breakdown by Source
10.1.2.4.3 Chile: South & Central America Plant Extracts Market Breakdown by Application
10.1.2.5 Colombia: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
10.1.2.5.1 Colombia: South & Central America Plant Extracts Market Breakdown by Form
10.1.2.5.2 Colombia: South & Central America Plant Extracts Market Breakdown by Source
10.1.2.5.3 Colombia: South & Central America Plant Extracts Market Breakdown by Application
10.1.2.6 Peru: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
10.1.2.6.1 Peru: South & Central America Plant Extracts Market Breakdown by Form
10.1.2.6.2 Peru: South & Central America Plant Extracts Market Breakdown by Source
10.1.2.6.3 Peru: South & Central America Plant Extracts Market Breakdown by Application
10.1.2.7 Costa Rica: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
10.1.2.7.1 Costa Rica: South & Central America Plant Extracts Market Breakdown by Form
10.1.2.7.2 Costa Rica: South & Central America Plant Extracts Market Breakdown by Source
10.1.2.7.3 Costa Rica: South & Central America Plant Extracts Market Breakdown by Application
10.1.2.8 Ecuador: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
10.1.2.8.1 Ecuador: South & Central America Plant Extracts Market Breakdown by Form
10.1.2.8.2 Ecuador: South & Central America Plant Extracts Market Breakdown by Source
10.1.2.8.3 Ecuador: South & Central America Plant Extracts Market Breakdown by Application
10.1.2.9 Rest of South & Central America: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
10.1.2.9.1 Rest of South & Central America: South & Central America Plant Extracts Market Breakdown by Form
10.1.2.9.2 Rest of South & Central America: South & Central America Plant Extracts Market Breakdown by Source
10.1.2.9.3 Rest of South & Central America: South & Central America Plant Extracts Market Breakdown by Application
11. Competitive Landscape
11.1 Heat Map Analysis
11.2 Company Positioning and Concentration
12. Industry Landscape
12.1 Overview
12.2 Mergers And Acquisitions
12.3 Agreements, Collaborations, And Joint Ventures
12.4 New Product Launches
12.5 Expansions And Other Strategic Developments
13. Company Profiles
13.1 Grupo Natac SLU
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Martin Bauer GmbH & Co KG
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Archer-Daniels-Midland Co
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Kemin Industries Inc
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Ingredion Inc
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Kerry Group Plc
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 International Flavors & Fragrances Inc
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Dohler GmbH
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Symrise AG
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Givaudan SA
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About the Research Team
LIST OF TABLES
Table 1. South & Central America Plant Extracts Market Segmentation
Table 2. List of Vendors
Table 3. List of Potential Customers
Table 4. South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
Table 5. South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million) – by Form
Table 6. South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million) – by Source
Table 7. South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million) – by Application
Table 8. South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million) – by Country
Table 9. Brazil: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million) – by Form
Table 10. Brazil: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million) – by Source
Table 11. Brazil: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million) – by Application
Table 12. Argentina: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million) – by Form
Table 13. Argentina: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million) – by Source
Table 14. Argentina: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million) – by Application
Table 15. Chile: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million) – by Form
Table 16. Chile: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million) – by Source
Table 17. Chile: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million) – by Application
Table 18. Colombia: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million) – by Form
Table 19. Colombia: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million) – by Source
Table 20. Colombia: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million) – by Application
Table 21. Peru: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million) – by Form
Table 22. Peru: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million) – by Source
Table 23. Peru: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million) – by Application
Table 24. Costa Rica: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million) – by Form
Table 25. Costa Rica: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million) – by Source
Table 26. Costa Rica: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million) – by Application
Table 27. Ecuador: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million) – by Form
Table 28. Ecuador: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million) – by Source
Table 29. Ecuador: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million) – by Application
Table 30. Rest of South & Central America: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million) – by Form
Table 31. Rest of South & Central America: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million) – by Source
Table 32. Rest of South & Central America: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million) – by Application
Table 33. Heat Map Analysis
LIST OF FIGURES
Figure 1. South & Central America Plant Extracts Market Segmentation, by Country
Figure 2. Porter’s Analysis
Figure 3. Ecosystem: South & Central America Plant Extracts Market
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. South & Central America Plant Extracts Market Revenue (US$ Million), 2021–2031
Figure 6. South & Central America Plant Extracts Market Share (%) – by Form, 2023 and 2031
Figure 7. Powder: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
Figure 8. Liquid: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
Figure 9. Paste: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
Figure 10. South & Central America Plant Extracts Market Share (%) – by Source, 2023 and 2031
Figure 11. Fruits and Vegetables: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
Figure 12. Herbs and Spices: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
Figure 13. Flowers: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
Figure 14. Others: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
Figure 15. South & Central America Plant Extracts Market Share (%) – by Application, 2023 and 2031
Figure 16. Food and Beverages: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
Figure 17. Pharmaceuticals and Nutraceuticals: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
Figure 18. Personal Care: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
Figure 19. Others: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
Figure 20. South & Central America Plant Extracts Market Breakdown by Key Countries, 2023 and 2031 (%)
Figure 21. Brazil: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
Figure 22. Argentina: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
Figure 23. Chile: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
Figure 24. Colombia: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
Figure 25. Peru: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
Figure 26. Costa Rica: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
Figure 27. Ecuador: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
Figure 28. Rest of South & Central America: South & Central America Plant Extracts Market – Revenue and Forecast to 2031 (US$ Million)
Figure 29. Company Positioning and Concentration
The List of Companies – South & Central America Plant Extracts Market
o Grupo Natac SLU
o Martin Bauer GmbH & Co KG
o Archer-Daniels-Midland Co
o Kemin Industries Inc
o Ingredion Inc
o Kerry Group Plc
o International Flavors & Fragrances Inc
o Dohler GmbH
o Symrise AG
o Givaudan SA
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