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India Herbal Extract Market Outlook to 2022

By End Users (Pharmaceuticals & Nutraceutical, Cosmetics and Food & Beverage Industries), by Extract type (Carotenoids, Aloe Vera, Ginger, Capsicum, Turmeric, Shilajit, Marigold, Shatavari and Others), Oleoresins and Essential Oil

Region:Asia

Product Code:KR568

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Published On

December 2017

Total pages

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About the Report

Ken Research announced its latest publication on "India Herbal Extract Market by End Users (Pharmaceuticals & Nutraceutical, Cosmetics, and Food & Beverage Industries), by Extract Type (Carotenoids, Aloe Vera, Ginger, Capsicum, Turmeric, Shilajit, Marigold, Shatavari, and Others), Oleoresins and Essential Oil – Outlook to 2022" suggested a rapid growth in India Herbal Extracts Market, majorly driven by the growing preference of people for natural and herbal products over the already existing chemical-based products. The stakeholders of this report include herbal extracts, oleoresins, and essential oil manufacturers and distributing agents, pharmaceutical & nutraceutical, cosmetics, and food and beverages companies, companies involved in research, farmers in India and the new entrants and venture capitalists who wish to invest in herbal extracts market in future.

Detailed comparative analysis of major herbal extracts market players has also been provided. Various marketing analysis factors such as trends and developments and SWOT analysis are also added in the study. The future analysis of the overall Indian herbal extracts market has also been discussed along with recommendations from the analyst's view.

India Herbal Extracts Market Overview and Present Scenario: Plant or herbal extracts are natural products that have gained immense importance over the past few years. Such products are used as raw materials or ingredients by the companies operating in pharmaceuticals, cosmetics, and food and beverages industries across the world. The Asia Pacific is amongst the fastest growing geographies owing to the demand and supply of herbal extracts from China and India.

Indian herbal extracts market has recorded phenomenal growth over the years with rising awareness among the people about the health benefits of consuming herbal products. The herbal extract market in India increased to INR ~ crore in FY'2017 from INR ~ crore in FY'2012, at a robust CAGR of ~% during the same period. The market has majorly been driven by the exports of high-quality herbal extracts which are demanded by the US, Canada, Ukraine, South Korea, Czech Republic, Israel, France, Taiwan, Nepal, and other nations. The inclination of foreign customers towards Indian products due to the health benefits of various herbs has led to a boost in the revenues of the market.

India Herbal Extracts Market Segmentation

By End Users (Pharmaceuticals and Nutraceuticals, Cosmetics, and Food & Beverages Industries): The use of herbal extracts in the pharmaceutical and nutraceutical industry of India contributed a dominant share of INR ~ crore in the overall sales of the players operating in the space during FY'2017. The rising demand for natural cosmetics has resulted in the augmented use of herbal extracts in preparing beauty products. The sales of herbal extracts to cosmetics companies in India contributed INR ~ crore to the overall revenues of the market during FY'2017. The overall sales of herbal extracts to companies in the food & beverages sector accounted for INR ~ crore of the total revenues during FY'2017.
By Export Sales and Domestic Sales: Export sales dominated the market and contributed INR ~ crore to the overall sales of herbal extracts by all the players operating in the space. Domestic sales of herbal extracts contributed INR ~ crore to the overall revenues within the country during FY'2017.

India Pharmaceutical and Nutraceutical Herbal Extracts Market

Segmentation by Major Herbal Extracts: The sales of carotenoids by Indian manufacturers to pharmaceutical and nutraceutical companies dominated the market, by contributing ~% to the overall revenues during FY'2017. Aloe vera is also known as the medicinal aloe and has several benefits to human skin and health. The total sales of aloe vera extract to the pharmaceutical and nutraceutical sector contributed ~% to the overall sales during FY'2017. The overall sales of ginger extract accounted for INR ~ crore of the revenues generated by herbal extract manufacturers from their sales to pharmaceutical and nutraceutical customers during FY'2017. Herbal extract manufacturers added ~% and ~% to the overall revenues generated from the sales of marigold and Shatavari extracts respectively, to pharmaceutical and nutraceutical customers during FY'2017.

Segmentation by Application: Drugs for general wellness accounted for the maximum consumption during FY'2017, wherein herbal extract manufacturers generated ~% of the total revenue from sales of extracts used in such medicines and supplements. Herbal extracts for improving the conditions of the digestive system and liver accounted for ~% of the overall sales during FY'2017. The overall consumption of herbal extracts for curing cardiovascular diseases resulted in ~% of the overall sales to pharmaceutical companies during FY'2017.

India Cosmetics Herbal Extracts Market

Segmentation by Herbs: Turmeric is the most used natural ingredient in manufacturing cosmetics products and contributed a dominant share of ~% to the overall market revenues during FY'2017. The total sales of aloe vera extract to the cosmetics industry in FY'2017 contributed a share of INR ~ crore to the market revenues. The overall sales of Brahmi and amla extracts to the companies in cosmetics industries constituted a share of ~% in the overall market revenues during FY'2017. The rising demand for bathing bars, facial bars, and facewashes with herbal ingredients made Kesar and Chandan extract account for INR ~ crore in the overall market revenues during FY'2017. The use of the coffee extract in various skin care and hair care products resulted in this segment contribute ~% to the overall revenues from sales of various types of herbs used for extraction by the cosmetics industry during FY'2017.

India Food and Beverages Herbal Extracts Market

Segmentation by Major Herbs: The revenues generated from sales of an extract derived from amla dominated the Food and Beverages herbal extracts market, contributing ~% of the overall revenues during FY'2017. The sales of aloe vera extracts constituted INR ~ crore in the overall revenues from sales of herbal extracts to companies operating in the food and beverages industry in the country during FY'2017. The growing sales of bitter gourd juices have added to the sales of the extracts from the herb, contributing ~% to the overall market revenues during FY'2017. The total sales of extract produced from Jamun constituted INR ~ crore in the overall sales by the market players to the F&B sector in the country during FY'2017. The sales of ginger and turmeric extract to food and beverage companies accounted for ~% and ~% respectively of the overall sales during FY'2017. The sales of Boswellia accounted for ~% of the overall revenues generated by the herbal extracts manufacturers from their sales to food and beverages customers during FY'2017.

Snapshot on India Oleoresins and Essential Oils Market: Oleoresins are pure extracts of spices or herbs. Kancor Ingredients was the first market player in India manufacturing oleoresin of black pepper, followed by Synthite Industries Limited and Plant Lipids. Other leading market players include Arjuna Natural Extracts Ltd. and Sami Labs Limited. As per several industry reports, India held over ~% in the global oleoresins production in FY'2017.

India's oleoresins market increased from INR ~ crore during FY'2012 to INR ~ crore during FY'2017, at a CAGR of ~% during the same period. The market for oleoresins has been increasing due to the rising demand for packaged spices and the use of spice mixes in food applications. The allowance of ~% foreign direct investment (FDI) in five plantation crops, which include cardamom via the automatic route has attracted foreign funds in cardamom plantation, thus having a positive effect on the extraction volumes of oleoresins.

Major Herbs Used to Extract Oleoresins: The most used herbs for oleoresins extraction are turmeric, black pepper, paprika, capsicum, ginger, garlic, and onion. In terms of volume, oleoresins from paprika had the largest contribution in the market, whereas, in terms of value, oleoresins from turmeric led the overall revenues during FY'2017.

India Oleoresins Market Future Outlook and Projections: The market for oleoresins in India is expected to incline from INR ~ crore during FY'2017 to INR ~ crore during FY'2022, at a CAGR of ~% during the same period. The Asia Pacific is projected to drive the growth of the market owing to the development of the food processing industry in the developing nations including India, China, and Indonesia.

Competitive Scenario in India Herbal Extracts Market: The overall market is concentrated among the top seven players which hold the majority of the share. Major players in the herbal extracts market in the country include Arjuna Natural Extracts Ltd., Synthite Industries Limited, Sami Labs Limited, Vidya Herbs Private Limited, OmniActive Health Technologies Ltd., Indfrag Limited, and K.Patel Phyto Extractions Pvt. Ltd.

Synthite Industries dominated the market revenues in India Herbal Extracts Market, contributing INR ~ crore during FY'2017. Plant Lipids Pvt Limited acquired the second position in terms of market revenues, majorly driven by its manufacturing facilities in India. The company had a ~% share in the market revenues during FY'2017. Sami Labs Ltd is the third largest herbal extract player in India. OmniActive Health Technologies Ltd. constituted a share of ~% in the Indian herbal extracts market during FY'2017. Arjuna Natural Extracts Ltd. had a share of INR ~ crore in the overall revenues generated by all herbal extracts market players in India during FY'2017. Indfrag Limited acquired a share of ~% in the overall revenues generated by the India herbal extracts market during FY'2017 and Vidya Herbs Private Limited accounted for INR ~ crore of the market revenues during the same year. Catering to the leading pharmaceutical companies in the country through its product portfolio of herbal extracts, K.Patel Phyto Extractions Pvt. Ltd. had a share of ~ in the overall market revenues during FY'2017.

India Herbal Extracts Market Future Outlook and Projections: The revenues generated by herbal extracts market players in India are projected to augment to INR ~ crore by FY'2022 from INR ~ crore during FY'2017, registering a CAGR of ~ during the period FY'2017-FY'2022. The sales of herbal extracts to pharmaceuticals and nutraceutical industry in the country are projected to dominate the market with a share of ~% in the overall market revenues during FY'2022. The shift of people from packaged food with high chemical content to dietary supplements with herbal extracts will make F&B customers contribute INR ~ crore to the overall market revenues during FY'2022.

Key Topics Covered in the Report:

India Herbal Extracts Market Overview
Value Chain Analysis of India Herbal Extracts Market
India Herbal Extracts Market Size by Revenue
Market Segmentation - By End Users (Pharmaceuticals and Nutraceuticals, Cosmetics, and Food & Beverages Industries); By Export Sales and Domestic Sales
India Pharmaceuticals and Nutraceuticals Herbal Extracts Market
India Cosmetics Herbal Extracts Market
India Food and Beverages Herbal Extracts Market
Snapshot on India Oleoresins and Essential Oils Market
Pricing Analysis in India Herbal Extracts Market
SWOT Analysis of India Herbal Extracts Market
Trends and Developments in India Herbal Extracts Market
Competitive Scenario in India Herbal Extracts Market
Market Share of Major Players in India Herbal Extracts Market
Company Profiles of Major Players in India Herbal Extracts Market
Investment Model for Setting up Herbal Extract Manufacturing Plant in India
Future Outlook and Projections for India Herbal Extracts Market
Analyst Recommendations
Macro-Economic Factors Impacting India Herbal Extracts Market

Products

India herbal extracts market has shown an impressive growth rate in 2017 owing to growing preference of the people to use herbal products over other conventional and chemical-based products.

Companies

Synthite Industries Limited,
Plant Lipids Private Limited,
Sami Labs Limited,
Kancor Ingredients,
OmniActive Health Technologies Ltd.,
Arjuna Natural Extracts Ltd.,
Indfrag Limited,
Vidya Herbs Private Limited,
K.Patel Phyto Extractions Pvt. Ltd.,
Sydler India,
Alpspure Lifesciences Private Limited,
Cymbio Pharma Pvt. Ltd.,
Sai Phytoceuticals Pvt. Ltd.,
Sanat Products Ltd.

1. Executive Summary

Market Overview and Present Scenario
India Herbal Extracts Market Segmentation
India Pharmaceutical and Nutraceutical Herbal Extract Market
India Cosmetics Herbal Extracts Market
India Food and Beverages Herbal Extracts Market
Snapshot on India Oleoresins Market
Competitive Scenario in India Herbal Extracts Market
India Herbal Extracts Market Future Outlook and Projections

2. Research Methodology

2.1. Market Definitions
2.2. Abbreviations
2.3. Market Sizing and Modeling
General Approach – Market Sizing
Market Sizing – India Herbal Extracts Market
Variables (Dependent and Independent)
Multi Factor Based Sensitivity Model
Regression Matrix
Limitations
Final Conclusion

3. Comparison of India Herbal Extracts Market with Global Herbal Extracts Market

4. Introduction of India Herbal Extracts Market

5. Value Chain Analysis of India Herbal Extracts Market

Challenges in the Value Chain

6. India Herbal Extracts Market Size, FY'2012-FY'2017

7. India Herbal Extracts Market Segmentation

7.1. By End Users (Pharmaceuticals and Nutraceuticals, Cosmetics, and Food & Beverages), FY'2017
7.2. By Export Sales and Domestic Sales, FY'2017

8. India Pharmaceuticals and Nutraceuticals Herbal Extracts Market

8.1. India Pharmaceuticals and Nutraceuticals Herbal Extracts Market Segmentation, FY'2017
8.1.1. By Major Herbal Extracts, FY'2017
8.1.2. By Application, FY'2017

9. India Cosmetics Herbal Extracts Market

9.1. India Cosmetics Herbal Extracts Market Segmentation, FY'2017
9.1.1. By Major Herbs, FY'2017
9.1.2. By Application, FY'2017

10. India Food and Beverages Herbal Extracts Market

10.1. India Food and Beverages Herbal Extracts Market Segmentation, FY'2017
10.1.1. By Major Herbs, FY'2017
10.1.2. By Application, FY'2017

11. Snapshot on India Oleoresins and Essential Oils Market

Introduction to Oleoresins and Essential Oils Market
India Oleoresins and Essential Oils Market Size, FY'2012 – FY'2017
Major Herbs Used in Oleoresins and Essential Oils Extraction
Market Share of Major Players in India Oleoresins and Essential Oils Market, FY'2017
India Oleoresins and Essential Oils Market Future Outlook and Projections, FY'2017 – FY'2022

12. Pricing Analysis in India Herbal Extracts Market

13. Trends and Developments in India Herbal Extracts Market

13.1. Increasing Acceptance of Plant Extract Based Products
13.2. Introduction of Herbal Products by Cosmetics Brands
13.3. Innovations and New Product Launches in India Herbal Extracts Market
13.4. Mergers and Acquisitions in the Market
13.5. Market Players are looking to Shift Manufacturing Facility Outside India
13.6. Growing Use of Herbal Extracts in Veterinary Medicines

14. Government Regulations in India Herbal Extracts Market

15. SWOT Analysis of India Herbal Extracts Market

16. Competitive Scenario in India Herbal Extracts Market, FY'2017

17. Market Share of Major Players in India Herbal Extracts Market, FY'2017

18. Company Profiles of Major Players in India Herbal Extracts Market

18.1. Synthite Industries Limited
18.2. Plant Lipids Private Limited
18.3. Sami Labs Limited
18.4. Kancor Ingredients Limited
18.5. OmniActive Health Technologies Ltd.
18.6. Arjuna Natural Extracts Ltd.
18.7. Indfrag Limited
18.8. Vidya Herbs Private Limited
18.9. Other Major Players (K.Patel Phyto Extractions Pvt. Ltd, Sydler India, Alpspure Lifesciences Private Limited, Cymbio Pharma Pvt. Ltd, Sai Phytoceuticals Pvt. Ltd, and Sanat Products Ltd)

19. Investment Model for Setting up Herbal Extract Manufacturing Plant in India

General Requirements before Manufacturing Herbal Extracts
Implementation Schedule for Setting up Herbal Extract Manufacturing Plant in India
Herbal Extracts Manufactruing Process
Setting up a Herbal Extract Manufacturing Plant

20. India Herbal Extracts Market Future Outlook and Projections, FY'2018-FY'2022

20.1. By End Users (Pharmaceuticals and Nutraceuticals, Cosmetics, and Food & Beverages Industries), FY'2022
20.2. By Export Sales and Domestic Sales, FY'2022

21. Analyst Recommendations for Existing and Potential Players in India Herbal Extracts Market

22. Macro Economic Factors Impacting India Herbal Extracts Market, FY'2012-FY'2022

22.1. India Beauty, Cosmetics and Grooming Industry, FY'2012-FY'2022
22.2. India Pharmaceutical Industry, FY'2012-FY'2022
22.3. Aging Population of India, FY'2012-FY'2022
22.4. India Wellness Industry, FY'2012-FY'2022

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