Herbal extracts are substances extracted from the plant using different solvents—some combination of water, alcohol, chemicals, or other liquid that works to draw out beneficial plant components.
Although herbal extracts come in many forms, they have one common feature. Extracts represent naturally occurring phytochemicals (plant produced compounds) that have been removed from the inert structural material of the plant that produced them. The main advantage of using extracts over raw herb is that once extracted from the plant matrix, the phytochemicals bypass the need for digestion and are far more readily absorbable.
India herbal extracts market has recorded phenomenal growth over the years with rising awareness among the people about the health benefits of consuming herbal products. 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.
Global herbal extracts market has been growing at a continuous pace because of its various health benefits and increasing awareness about side effects from using chemical based products. Even at the times of recession the demand of herbal products is not much affected as people desire to maintain their health when the treatments are costlier. Herbal extracts are substances which are obtained by crushing, distilling, comminuting, and juicing various herbs. The processes are designed to maximum the potency of a particular herb. The global herbal extracts market is predicted to exhibit a 7.52% CAGR from 2018 to 2023.
The herbal plants with several medicinal properties are used to treat a variety of disease conditions. Furthermore, a single plant may contain many chemical constituents such as phenols, glycosides, polysaccharides, alkaloids, resins, and terpenoids which demonstrate therapeutic activities in more than one medical conditions.