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Market players are investing in research and development to introduce innovative sage extract-based products to cater to the growing demand for herbal medicines and organic ingredients
McCormick & Company, Inc. is a global leader in manufacturing, marketing, and distributing spices, seasoning mixes, condiments, and other flavourful products. The company was founded in 1889 and has since grown to operate over 40 manufacturing facilities in 21 countries. It is based in Maryland, United States.
Bio Botanica, Inc. was founded in 1972 and is headquartered in New York, United States. It offers botanical extracts derived from herbs, flowers, fruits, and vegetables, which are used in skincare, haircare, and dietary supplements. Bio Botanica also operates a research and development laboratory that explores the properties of botanical ingredients.
Badia Spices Inc. is an American manufacturer of spices and herbs founded in 1967 in Florida, United States. The company sells over 400 products, including raw spices and herbs, blended spices, and dried chili peppers, in the United States and more than 70 other countries.
Sage Herb Extract Market Growth
Sage Herb Extract Market Trends
Sage Herb Extract Market Share
Sage Herb Extract Manufacturers
Sage Herb Extract Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global sage herb extract market is being aided by the growth of the herbal medicine market, which is expected to grow at a CAGR of 5.8% in the forecast period of 2024-2032.
The major drivers of the market include the rising disposable incomes, the growing demand for herbal medicines in developing regions, and the product’s extensive range of applications in the food and cosmetic sectors.
Key trends aiding market expansion include the growing health consciousness, the rising demand for organic sage herb, and the increasing use of the product to protect the skin and promote strong and vigorous hair.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The major forms of sage herb extract in the market are powder and liquid.
Food and beverage, pharmaceuticals, and cosmetics, among others, are the significant end uses of sage herb extract.
The leading distribution channels in the market are direct and indirect.
Key players in the market are McCormick & Company, Inc., Badia Spices Inc., and Bio Botanica, Inc., among others.
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