New York, NY -- (SBWIRE) -- 10/30/2018 -- Rosemary Extract market Outlook: Rosemary extract is derived from the leaves of the perennial herb Rosmarinus officinalis. It has three primary components namely Rosemarinic acid, Ursolic acid and Carnosic acid. Rosemary extract market is expected to increase over the forecast year owing to its application in the food and beverages industry as a food additive and an antioxidizing agent. Rosemary extract is a natural alternative for food preservation which prevents oxidation rancidity and food spoilage. Rosemary extract is responsible for enhancing the shelf life of the food products without compromising the taste, aroma and nutritious value of food products.
Besides being a potential food preservative, rosemary extract has many therapeutic and health benefits. Rosemary extract is good for the heart, lungs, gastrointestinal tract, and liver. Rosemary extract serves as a tonic, cardiac stimulant and an astringent. It helps in regulating anemia and blood pressure. Rosemary extract is used in skin care and cosmetics, as it possesses astringency. It helps in maintaining the elasticity and luster of the skin while reducing skin brittleness. Rosemary extract also pacifies anxiety, nervous tension and other symptoms of depression.
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Consumer preference towards clean label products has opened the way for rosemary extract:
There is increasing awareness among consumers regarding the negative health impact of artificial additives which has made consumers opt for products that are natural and clean labeled. Rosemary extract is a natural food preservative which is competing with the synthetic counterparts to extend the shelf life of the food products. With increasing clean label movement and consumer awareness, the demand for rosemary extract in the food and beverage industry is anticipated to grow over the forecast period. Besides, the growing processed food industry has fuelled the need for food preservative rosemary extract.
The growing cosmetic and skin care industry is also contributing to the increasing market demand for rosemary extract as it is used as an astringent and anti-inflammatory agent in skin care products. Rosemary extract is also used to subdued symptoms of depression and anxiety in people and relaxes mind and body.
Global Rosemary Extract market: Market Participants:
The key market participants identified across the value chain of the global Rosemary Extract market are: Monteloeder, KINGHERBS, Kemin Industries, Inc., Merck KGaA, Kalsec Inc., E. I. du Pont de Nemours and Company, Flavex Naturextrakte GmbH, Vitiva d.d., Naturex S.A., Foodchem International Corporation
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Opportunities for Rosemary Extract market participants:
The market for rosemary extract will cite a growing demand over the forecast period owing to the fact that it is a potential alternative to synthetic food preservative and fulfills consumers demand of being a clean label product. Several manufacturers are launching rosemary extract blends for prevention of meat, poultry and dairy products seeing the shifting trend of consumers towards natural products. With increasing demand for processed food and beverages and growing per capita income of the population in developing regions like the Asia Pacific, the need for food preservative rosemary extract will pace up.
The regions like North America will be a major market for rosemary extract as consumers are well aware of the adverse health impact of artificial additives on health. Besides, the growing application of rosemary extract in cosmetics and skin care will result in increasing market demand for the extract. The therapeutic and health benefits of rosemary extract will further boost the demand for rosemary extract over the forecast year.
Brief Approach to Research Rosemary Extract Market:
A modelling-based approach and triangulation methodology will be followed to estimate data covered in this report. A detailed market understanding and assessment of the applications, types, forms and end uses of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data is collected at a regional level, consolidated and synthesized at a global level to estimate the overall market sizes
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.