South Korea Foliage Extract Market was valued at USD 0.15 Billion in 2022 and is projected to reach USD 0.3 Billion by 2030, growing at a CAGR of 9.5% from 2024 to 2030.
The South Korea foliage extract market is experiencing a significant surge in demand as industries recognize its diverse applications and health benefits. As a leading player in the global herbal extract market, South Korea has developed a robust supply chain for foliage extracts, which are extracted from various plant species for their medicinal, cosmetic, and culinary uses. The country’s rich biodiversity and advanced extraction techniques contribute to its strong foothold in this niche market.
The primary drivers behind the growth of the foliage extract market in South Korea are the increasing consumer demand for natural and plant-based products. With growing health awareness, industries such as cosmetics, pharmaceuticals, and food & beverages are turning to foliage extracts for their various beneficial properties. For instance, many companies are incorporating these extracts into skincare products due to their anti-inflammatory and antioxidant effects. Additionally, foliage extracts are increasingly being utilized in dietary supplements and functional foods as they offer numerous health-promoting compounds such as flavonoids and polyphenols.
In the pharmaceutical industry, the demand for foliage extracts is being driven by a rise in the consumption of herbal medicines. Many traditional Korean herbal remedies rely on foliage extracts, which are believed to support overall health and wellness. This trend is supported by an increasing focus on natural remedies over synthetic drugs, particularly in the wake of rising concerns regarding side effects of chemically synthesized medications.
Industries requiring foliage extracts are also seeing significant benefits from their use in the food sector, where extracts are added to beverages, snacks, and other consumables for their unique flavors and potential health advantages. The rising popularity of plant-based and organic products among South Korean consumers has made foliage extracts an attractive addition to product formulations.
Moreover, advancements in extraction technology, such as supercritical CO2 extraction, have enhanced the purity and concentration of extracts, making them even more valuable in industrial applications. As the foliage extract market continues to evolve, it is expected to expand even further, driven by innovation in both extraction techniques and product development.
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Beijing Gingko Group
Afriplex (PTY) Ltd.
Shaanxi Tianrun Phytochemical Co. Ltd.
Huzhou Rongkai Foliage Extract Co.
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FHUZHOU RONGKAI FOLIAGE EXTRACT Co. Ltd
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Foliage Extract Market
Essential Oils
Herbal Extracts
Waters and Hydrosols
Powder Formulations
Tinctures
Leaves
Stems
Flowers
Roots
Seeds
Steam Distillation
Cold Pressing
Solvent Extraction
CO2 Extraction
Infusion and Maceration
Food and Beverages
Cosmetics and Personal Care
Pharmaceuticals
Nutrition and Dietary Supplements
Aromatherapy and Spa
Commercial Manufacturers
Retailers
Health and Wellness Professionals
Individual Consumers
Research Institutions
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Foliage Extract Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Foliage Extract Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Foliage Extract Market, By Type
6. South Korea Foliage Extract Market, By Application
7. South Korea Foliage Extract Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Foliage Extract Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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