Global Fermented Plant Extracts Market: Overview
The global fermented plant extracts market is anticipated to observe growth in the years to come, thanks to the growing inclination of consumers to switch to healthier lifestyle. In addition, it has been observed that more customers are opting for organic and natural products as well in a bid to stay fit and healthy. Fermented plant extract has alleviated the problems of consumers when it comes to utilization of solid compost manure, thereby offering an option of effective and nutritious solutions for farmers. Besides, the process of production of fermented plants is not very expensive and consumer are more willing to procure them owing to the benefits that they come with for animals and plants. These factors are expected to bolster growth of the global fermented plant extracts market in the years to come.
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Fermented plant extract refers to a plant functional food that has its origin in Japan. These extracts make use of different types of plants as its raw material and are fermented utilizing different microorganisms so as to prepare beverage or any other such product. With the presence of abundant active substance and nutrients, fermented plant extracts come with many benefits not only for human health but also for several industrial purposes. The global fermented plant extracts market is estimated to hold promising growth opportunities for the market players due to the presence of several bioactive agents promising multiple functionalities.
Product, form, application, and region are the four important parameters based on which the global fermented plant extracts market has been classified.
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Global Fermented Plant Extracts Market: Notable Developments
One of the relevant and important developments of the market that gives a quick view of the dynamics pertaining to global fermented plant extracts market is mentioned as below:
- In 2015, Korea based cosmetic company, MJ Group carried out clinical demonstration and efficacy assessment of fermented proteins at the Korea Research Institute of Bio-Science. The company also finished the process of technology patent transfer in 2017.
Some of the prominent organizations in the global fermented plant extracts market comprise the below-mentioned:
- Dongyang Lianfeng Biological Technology Co., Ltd
- The Beauty Chef Creams And Cleansers
- Brad Biophotonic Skin Care
- Southern Health Foods Pvt Ltd
- Biosa Danmark ApS
- MJ Group
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