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Lucintel Forecasts The Global Thyme Extract Market To Grow With A Cagr Of 6% From 2025 To 2031

According to a market report by Lucintel, the future of the global thyme extract market looks promising with opportunities in the household, commercial, and industrial markets. The global thyme extract market household, commercial, and industrial markets. The major drivers for this market are the rising demand for herbal products, the growing use in pharmaceuticals, and the increase in natural flavor usage.
A more than 150-page report to understand trends, opportunity and forecast in global thyme extract market to 2031 by product type (liquid extract, powder extract, and oil extract), distribution channel (online retail, supermarkets/hypermarkets, specialty stores, and others), application (food & beverages, pharmaceuticals, cosmetics, nutraceuticals, and others), end use (household, commercial, and industrial), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the product type category, liquid extract is expected to witness the highest growth over the forecast period.
Within the end use category, household is expected to witness the highest growth.
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In terms of region, North America is expected to witness the highest growth over the forecast period.
Kalsec, Symrise, Givaudan, Frutarom Industries, Young Living Essential Oils, DoTERRA International, Naturex, Albert Vieille, Berje, The Lebermuth Company are the major suppliers in the thyme extract market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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