The Business Research Company’s report on the Plant Extracts Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
Which emerging drivers are set to accelerate the growth of the plant extracts market further?
The rapid growth in the vegan trend is significantly contributing to the growth of the plant extract market. A vegan refers to a person who doesn’t consume animal products, including meat, eggs, or dairy products. Vegan people consume plant-based products to fulfil their nutritional requirements. For instance, according to the Plant-Based Foods Association (PBFA), a US-based trade association, retail sales of plant-based foods in the United States increased by 6,6%in 2022. Therefore, the rapid growth in vegan trends is driving the growth of the plant extract market.
Access Your Free Sample of the Global Plant Extracts Market Report – Get Insights Now!
Plant Extracts Market Report 2025- Plant Extracts Market Size, Growth Sample
What are the key factors influencing the forecasted market size of the plant extracts industry?
The plant extracts market size has grown strongly in recent years. It will grow from $30.31 billion in 2024 to $33.16 billion in 2025 at a compound annual growth rate (CAGR) of 9.4%. The growth in the historic period can be attributed to increasing consumer awareness, rising demand for natural ingredients, expanding applications in pharmaceuticals, globalization of trade.
The plant extracts market size is expected to see rapid growth in the next few years. It will grow to $49.2 billion in 2029 at a compound annual growth rate (CAGR) of 10.4%. The growth in the forecast period can be attributed to growing popularity of functional foods, expanding cosmetics and personal care industry, government initiatives supporting herbal products, environmental sustainability concerns. Major trends in the forecast period include rising research and development activities, technological advancements in extraction techniques, focus on superfoods, personalization of nutraceuticals, innovations in extraction methods, emergence of plant-based meat alternatives, integration of traditional medicine, clean label movement.
Gain Exclusive Market Insights—Customize Your Research Report Today For Fast Delivery!
Plant Extracts Market Report 2025- Plant Extracts Market Size, Growth Customise
Who are the leading competitors in the plant extracts market?
Major companies operating in the plant extracts market include Naturex S. A., Berkem S. A., Kuber Impex Ltd., Organic Herb Inc., Givaudan S. A., Arjuna Natural Pvt Ltd., Synthite Industries Private Ltd., Martin Bauer Group, Tokiwa Phytochemical Co Ltd., Native Extracts Pty Ltd., Symrise AG, Sensient Technologies Corporation, PT Indesso Aroma, Vidya Herbs Pvt Ltd., Plant Extracts International Inc., Indena S. p. A., Nutra Green Biotechnology Co Ltd., Nantong Sihai Plant Extracts Co. Ltd., Schwabe Group, Provital Group, Chenguang Biotech Group Co Ltd., Kangcare Bioindustry Co. Ltd., International Flavors & Fragrances Inc., Kerry Group plc, Archer Daniels Midland Company, Kalsec Inc., Carbery Group, Koninklijke DSM N. V., Döhler GmbH, Vital Herbs, Sydler India Pvt. Ltd., Plantnat, Sabinsa Corporation, Nexira
Which emerging trends are set to transform the plant extracts market landscape?
Major companies operating in the plant extracts market are focusing on developing innovative products such as PrimeLock, vegan-friendly solution that replicates animal fat cells, helping food companies enhance plant-based product development and consumer to drive revenues in their market. For instance, in February 2022, Givaudan, Switzerland-based flavors and fragrance industry, launched PrimeLock+, a natural, vegan-friendly solution. PrimeLock encapsulates and protects both flavor and fat, releasing them gradually during cooking and consumption. This process helps maintain the desired juiciness in plant-based items like burgers and sausages, which often lose moisture during cooking. The technology allows for a reduction of up to 75% of the fat and 30% of the calories in plant-based products without compromising on taste or texture
How do different geographies compare in terms of market share and growth potential in the plant extracts market?
Asia-Pacific was the largest region in the plant extracts market in http://2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the plant extracts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Order Your Report Now For Swift Delivery
Plant Extracts Market Report 2025- Plant Extracts Market Size, Growth
Which major segments of the plant extracts market are experiencing the fastest growth?
The plant extracts market covered in this report is segmented –
1) By Type: Spices, Essential Oils And Natural Extracts, Flavors And Fragrance, Phytomedicines And Herbal Extracts, Phytochemicals, Other Types
2) By Source: Fruits, Flowers And Bulbs, Leaves, Rhizomes And Roots, Barks And Stems, Other Sources
3) By Application: Pharmaceuticals, Food And Beverages, Cosmetics, Other Applications
Subsegments:
1) By Spices: Whole Spices, Ground Spices, Spice Extracts
2) By Essential Oils And Natural Extracts: Aromatherapy Oils, Carrier Oils, Concentrated Extracts
3) By Flavors And Fragrance: Natural Flavoring Agents, Fragrance Oils, Flavoring Extracts
4) By Phytomedicines And Herbal Extracts: Herbal Supplements, Medicinal Plant Extracts, Traditional Herbal Remedies
5) By Phytochemicals: Alkaloids, Terpenoids, Polyphenols
6) By Other Types: Nutraceuticals, Cosmetic Plant Extracts, Feed Additives
Purchase The Exclusive Report Now To Unlock Valuable Market Insights:
Plant Extracts Market Report 2025- Plant Extracts Market Size, Growth
How is the plant extracts market defined?
Plant extracts refer to a method intended to extract specific plant-based ingredients. This process separates solids from liquids by bringing a solid (the plant) into contact with the liquid (the solvent), which is then used to solubilize and contain the valuable plant components. They have medicinal, aromatic, anti-inflammatory, antifungal, antimicrobial, antiparasitic, antiprotozoal, and antioxidant effects.
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: The Business Research Company | LinkedIn
