Synopsis
The global market for Plant Extracts was estimated to be worth US$ 42250 million in 2024 and is forecast to a readjusted size of US$ 79270 million by 2031 with a CAGR of 9.2% during the forecast period 2025-2031.
Plant extracts are concentrated substances obtained by extracting active ingredients from various parts of plants, such as leaves, roots, flowers, seeds, or bark, using solvents like water, ethanol, or other organic solvents. These extracts contain specific bioactive compounds, including alkaloids, flavonoids, terpenes, polyphenols, and glycosides, which are used for their therapeutic, nutritional, cosmetic, or functional properties. Plant extracts are widely applied in pharmaceuticals, nutraceuticals, cosmetics, food and beverage industries due to their natural origin and potential health benefits.
The global plant extracts market is driven by the growing consumer demand for natural and organic products across multiple industries, including food & beverage, pharmaceuticals, and cosmetics. With increasing awareness about the potential side effects of synthetic additives and chemical-based drugs, plant-based alternatives are gaining traction. The rise of herbal supplements and functional foods, fueled by health-conscious lifestyles and aging populations, has significantly boosted demand for bioactive plant compounds. Additionally, traditional medicine systems like Ayurveda and Traditional Chinese Medicine (TCM) are being integrated into mainstream health and wellness practices, further supporting market growth. Government support for natural product research and sustainable agriculture also plays a role, encouraging manufacturers to invest in innovative extraction technologies and clean-label formulations. Moreover, the growing interest in clean beauty and plant-based skincare products is expanding the application of plant extracts in the cosmetics sector.
Despite the optimistic outlook, the plant extracts market faces several challenges. One key issue is the variability in raw material quality due to differences in plant species, geographic origin, harvest time, and cultivation methods, which can affect the consistency and efficacy of extracts. Maintaining standardization and traceability across the supply chain is often difficult, particularly for small- and medium-sized producers. Additionally, the complex regulatory frameworks in different countries, particularly for nutraceutical and pharmaceutical applications, pose significant compliance hurdles. The lack of uniform quality standards and scientific validation for many plant extracts limits their acceptance in certain medical and scientific communities. Pricing volatility, driven by climate change and raw material scarcity, also creates uncertainties for manufacturers. Moreover, the increasing prevalence of adulterated or mislabeled extracts in the market threatens consumer trust and calls for stricter quality control and authentication measures.
This report aims to provide a comprehensive presentation of the global market for Plant Extracts, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Plant Extracts by region & country, by Type, and by Application.
The Plant Extracts market size, estimations, and forecasts are provided in terms of sales volume (MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Plant Extracts.
Market Segmentation
By Company
IFF
Givaudan
Schwabe
Chenguang Bio
Martin Bauer
Jiahe Bio
Synthite
Kalsec
Laiyin Bio
Indena
Sami-Sabinsa Group
CONBA Pharma
Lvzhijian Pharma
Natural Remedies
Arjuna Natural Extracts
Oukang Bio
Jiangsu Tiansheng
Lvman Bio
Hanzhong TRG Bio
Kanglong Bio
Segment by Type
Powdered extracts
Liquid extracts
Segment by Application
Botanical Preparations
Food & Beverage and Health Products
Skin Care Products
Feed
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Plant Extracts manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Plant Extracts in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Plant Extracts in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Index
Available Upon Request