Rosemary Extract Market Overview:
Rosemary extract is used as a flavouring and natural food preservative that helps extend the shelf life of the food products, and it is competing with synthetic counterparts. It is known to have various health benefits, and thus are used in development of many pharmaceutical drugs. These extracts are powerful antioxidants that help in many chronic diseases such as Alzheimer, protect cells from carcinogens, increase potency of vitamin E, reduce hypertension and allergy symptoms, especially to dust mites, and other. Rosemary extract is also used in skin care and cosmetics as it possesses the property of astringency. It helps maintain the elasticity and lustre of the skin while reducing skin brittleness. It is also being renowned for its property to aid anxiety, nervous tension and other symptoms of depression.
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What is the Size of the Rosemary Extract Market?
According to the research report, Research Cosmos analysts believe that in the next few years, Rosemary Extract market size will be further expanded, we expect that by 2021, the market size of the Rosemary Extract will reach 420 million USD.
Rosemary Extract Market Geographical Presence:
Geographically, the market is spread across North America, Europe, Asia-Pacific and LAMEA. North America and Asia Pacific are estimated to emerge as the most lucrative markets because of the easy trade flows and investment opportunities in these regions. Other Mediterranean countries, including Turkey, Spain, and Morocco are rapidly growing and are expected to become commercial production hubs for Rosemary extracts in the global market.
Rosemary Extract Market Key Players: Givaudan SA, Kerry Group Plc., Takasago International Corporation, Archer Daniels Midland Company, Dohler GmbH Sensient Technologies Corporation, Ajinomoto Co., Symrise AG, Firmenich S A, Naturex SA, Kalsec Inc., Olam International, Foodchem International Corporation, McCormick and Company, etc.
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