Botanical Ingredient Suppliers See Rebound in High-Quality, Innovative Products

While the overall U.S. market for herbal products remains sluggish with 2-3% growth in consumer sales in 2004, suppliers of botanical raw materials reported some bright spots. Demand is rising for botanical ingredients in cosmetics, functional foods and pet products, although supplement sales remain relatively flat. Pricing for most commodities remains steady following a period of falling prices due to competition from Asia; however hurricanes along the Gulf Coast led to shortages of saw

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