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Asia-Pacific Phytochemicals & Plant Extracts (Nutraceuticals) Market is Expected to Reach $1,463.6 million in 2018 - New Report by MicroMarket Monitor
Date:8/16/2014

(Denmark), among others.

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North America Phytochemicals & plant extracts (Nutraceuticals) Market
The phytochemicals and plant extracts (Nutraceuticals) market in North America had been valued at $576.3 million in the year 2013, and is projected to reach $930.1 million by 2018, at a CAGR of 8.3%. It is segmented on basis of applications and geographies.

The North American region faces problems such as cancer, diabetes, hypertension, and obesity to a large extent, due to changing lifestyles of the population in this region. Consumer concerns related to these diseases have created a massive market for nutraceuticals that incorporate natural plant extract ingredients. North America is a colossal market for plant extract and phytochemical ingredients, since a majority of the food processing and pharmaceutical companies are established in this region.

http://www.micromarketmonitor.com/market/north-america-phytochemicals-plant-extracts-nutraceuticals-3626739616.html

Europe Phytochemicals & plant extracts (Nutraceuticals) Market
The phytochemicals and plant extracts (Nutraceuticals) market in Europe had been valued at $710.18 million in the year 2012, and is estimated to reach $1,150.64 million by 2018, at a CAGR of 8.4%.It is segmented on basis of applications and geographies.

The European Union has implemented stringent norms against the utilization of chemical ingredients in food products, pharmaceuticals, and dietary supplements. This has caused manufacturers to utilize ingredients derived from natural sources. Plant extracts and phytochemicals are the obvious choices for this purpose. Therefore, this drives the market for plant extrac
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