Botanical Extraction Equipment Market

Botanical Extraction Equipment Market Overview

Consumer preference has a swift shift towards organic & natural products from synthetic products due to increasing awareness concerning the side effects of synthetic products. Increasing demand for natural products leads to advance in demand for botanical extracts. To get the extracts from plants, extraction process gain traction over conventional method of separation such as distillation or concentration, owing to its higher efficiency, technological advancement, and cost-effectiveness, which in turn create the demand for botanical extraction equipment.

The global market for botanical extraction equipment is likely to grow with a higher single-digit CAGR during the forecast period, owing to the rising awareness of health and wellness and shifting consumer preference towards organic products.

Botanical Extraction Equipment Market Dynamics

Botanical extraction equipment market is mainly driven by the rising awareness towards health & wellness and side effect of synthetic products use. Increasing demand for the organic product will require the sufficient amount of botanical extracts to fulfill the consumer demand to go organic, which in turn create the healthy environment for the botanical extraction equipment in the coming years.

The cannabis industry is one of the major industry, which create an ample amount of opportunity in the botanical extraction equipment market. Rapid legalization of cannabis and cannabis-infused products creates demand for Cannabidiol (CBD) & Tetrahydrocannabinol (THC), which obtained through extraction of cannabis increases in past few years. Cannabis industry is growing with a healthy growth rate of over 40% which is likely to boost the demand for botanical extraction equipment during the forecast period.

Besides, cost-effectiveness, efficiency, and requirement of low energy, the significant factor driving the market for botanical extraction equipment is the increase in inclination toward organic and herbal attributes in products, across various industries. Food & beverage industry and cosmetics industry generate the maximum demand for plant extracts owing to the increase in consumer demand for plant extract nutritional supplements and beauty products. This scenario is thereby expected to boost up the demand for the market during the forecast period.

Furthermore, the major challenge associated with the botanical extraction equipment is standardization and quality control at the time of multi herb extraction. Standardization which consists of a fixed amount of extracts per unit, per cycle consistency is difficult in medicinal herbs extraction as compared to chemical composition.

Botanical Extraction Equipment Market Regional Overview

North America dominates the global market for botanical extraction equipment owing to the presence of leading pharmaceutical manufacturers & cannabis extractors in the region. North America having the world’s leading market for cannabis due to early acceptance for medical as well as recreational purposes in most of the states. North America distantly followed by Europe and the Asia Pacific. Asia Pacific is expected to represent significant growth during the forecast period owing to the presence of world’s leading pharmaceutical industries in the region like India, China & Japan. Also, increasing demand for organic products and legalization of cannabis cultivation for industrial & medicinal purposes is likely to support the growth of botanical extraction equipment in the region.

Botanical Extraction Equipment Market Competition Landscape

Botanical extraction equipment market is consolidated in nature and is dominated by few leading players. Some of the prominent players in the global botanical extraction equipment market are

• Apeks Systems
• Eden Labs
• solate Extraction Systems Inc
• Chemvak cc
• United Science.(extraktLAB)
• Precision Extraction Solutions
• Cool Clean Technologies
• Alfa Laval
• GTech Bellmor 
• Pure Extraction among others

The research report presents a comprehensive assessment of the botanical extraction equipment market and contains deep insights, facts, historical and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to botanical extraction equipment market segments such as by equipment, capacity, source, form, application and region.

The Botanical Extraction Equipment Market report covers exhaustive analysis on:

• Botanical Extraction Equipment Market Segments
• Botanical Extraction Equipment Market Dynamics
• Botanical Extraction Equipment Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis for Botanical Extraction Equipment Market includes:

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of Latin America)
• Europe (EU-4, BENELUX, Nordic, U.K., Eastern Europe, Rest of Europe)
• East Asia (China, Japan & South Korea)
• South Asia (India, Malaysia, Thailand, Indonesia & rest of South Asia)
• Oceania (Australia & New Zealand)
• Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa, Rest of MEA)

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 botanical extraction equipment market segments and geographies.

Report Highlights:

• Detailed overview of parent market
• Changing botanical extraction equipment market dynamics in the industry
• In-depth botanical extraction equipment market segmentation
• Historical, current and projected botanical extraction equipment market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key botanical extraction equipment players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on botanical extraction equipment market performance
• Must-have information for botanical extraction equipment market players to sustain and enhance their market footprint

NOTE: Although care has been taken to maintain the highest levels of accuracy in reports, recent market/vendor-specific changes may time to reflect in the analysis.

Botanical Extraction Equipment Market Segmentation

For better understanding, global market for botanical extraction equipment analyzed under equipment, capacity, extraction source, application and region.

• By Equipment category

  • Supercritical CO2 Extractor
  • Solvent Extractor
  • Cold Press Extractor
  • Others

• By Capacity (per cycle)

  • Below 5 Kgs
  • 5 - 10 Kgs
  • 10 - 20 Kgs
  • Above 20 Kgs

• By Source

  • Leaves
  • Fruits, flowers, and bulbs
  • Rhizomes & roots 
  • Barks & stems
  • Others (seeds, pods, and berries)

• By Form

  • Solid
  • Liquid
  • Powder
  • Other

• By Application

  • Research and Academia
  • Extractors
  • End Product Manufacturers
    • Pharmaceuticals & dietary supplements
    • Food & beverages
    • Cosmetics
    • Others (personal care products and toiletries)

• By Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa (MEA)

NOTE: Although care has been taken to maintain the highest levels of accuracy in reports, recent market/vendor-specific changes may time to reflect in the analysis.