Herbal Extract Market, By Type, By Application, By Geography

Description

The Herbal Extract Market size is valued at US$ 41.8 Billion in 2024 and is expected to reach US$ 81.1 Billion by 2031, growing at a compound annual growth rate (CAGR) of 9.9% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2023/2024:	US$ 41.8 Bn
Historical Data for:	2019 to 2023	Forecast Period:	2024 - 2031
Forecast Period 2023/2024 to 2030/2031 CAGR:	9.90%	2030/2031 Value Projection:	US$ 81.1 Bn

Figure 1. Herbal Extract Market Share (%), By Region, 2024

The global herbal extract market has been gaining significant traction over the past few years due to the increasing consumer awareness about the health benefits of herbal extracts. Herbal extracts are concentrated forms of plants that are prepared by removing the active compounds and esssential constituents from herbs. They are known to provide several health-promoting properties including anti-inflammatory, antioxidant and anti-microbial effects. The rising preference for natural remedies over synthetic drugs for various health conditions like headaches, indigestion, stress etc. is pushing the demand for herbal extracts significantly. Moreover, the growth of functional food and beverage industry utilizing herbal extracts is also supporting the market expansion.

Market Dynamics:

The global herbal extract market is driven by the increasing health-consciousness among consumers and growing popularity of herbal medicines. However, pricing pressures owing to high production costs and lack of standardized regulations for herbal products across various countries are restricting the market growth. On the positive side, ongoing research activities to identify new applications of herbal extracts in cosmetics, pharmaceuticals and agrochemicals industries are expected to create new profitable opportunities for players in this market over the coming years. Moreover, growing urbanization and rising disposable income levels in developing regions are augmenting the demand for herbal extracts from functional food and beverage producers. The demand for natural health supplements has been steadily rising in the past few years. Consumers are becoming increasingly health conscious and prefer consuming natural products to maintain overall wellness. Herbal extracts are commonly used in dietary supplements due to their high nutritional and medicinal properties.

Key features of the study:

This report provides in-depth analysis of the global herbal extract market, and provides market size (US$ Bn ) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global herbal extract market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Botanic Healthcare, VIDYA HERBS Pvt. Ltd, Allicin Pharm, HerbalHills, Acara bioherb PVt. LTD., Pioneer Enterprises (I) Private Limited, Sydler India Pvt. Ltd, Herbal Creations, Alpspure Lifesciences Private Limited, IDOBIO CO., LTD., Dohler GMB, MartinBauer.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global herbal extract market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global herbal extract market.

Detailed Segmentation

Herbal Extract Market, By Type:
- Turmeric
- Rosemary
- Ginseng
- Aloe
- Nutmeg
- Sage
- Garlic
- Cranberry
- Saw Palmetto
- Cumin
- Lecithin
- Valerian
- Cherry
- Pygeum Africanum
- Beet Root
- Olive Leaf
- Holy Basil
- Elder Berry
- Horehound
- Lycium
- Ginger
- Orange
- Cinnamon
- Green Tea
- Flax
- Curcumin
- Fenugreek Seed
- Capsaicin
- Anise
- Ashwagandha
- Kale
Herbal Extract Market, By Application:
- Personal Care & Cosmetics
- Food & Beverages
- Animal Feed
- Pharmaceuticals
- Nutraceuticals
Herbal Extract Market, By Regional:
- North America
- Europe
- Asia Pacific
- Central & South America
- Middle East & Africa
Top Companies in Herbal Extract Market:
- Botanic Healthcare,
- VIDYA HERBS Pvt. Ltd,
- Allicin Pharm,
- HerbalHills,
- Acara bioherb PVt. LTD.,
- Pioneer Enterprises (I) Private Limited,
- Sydler India Pvt. Ltd,
- Herbal Creations,
- Alpspure Lifesciences Private Limited,
- IDOBIO CO., LTD.,
- Dohler GMB,

Product Code: CMI6595

Table of Content:

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purerview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Improving Health Consciousness
Growing Acceptance of Herbal Medicines
Restraints
Stringent Regulations are a Roadblock for the Market
Lack of Standardization Poses Quality Issues
Opportunities
New product development through research and innovation
Rising investments and partnerships in the market
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Herbal Extract Market- Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Herbal Extract Market, By Type: 2019 - 2031 ( US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019- 2031
- Segment Trends
Turmeric
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Rosemary
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Ginseng
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Aloe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Nutmeg
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Sage
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Cranberry
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Saw Palmetto
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Cumin
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Lecithin
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Valerian
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Cherry
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Pygeum Africanum
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Beet Root
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Olive Leaf
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Holy Basil
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Elder Berry
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Horehound
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Lycium
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Ginger
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Orange
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Cinnamon
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Green Tea
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Flax
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Curcumin
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Fenugreek Seed
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Capsaicin
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Anise
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Ashwagandha
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
kale
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)

6. Herbal Extract Market, By Application: 2019 - 2031 (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Personal Care & Cosmetics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Food & Beverages
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Animal feed
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Pharmaceuticals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)
Nutraceuticals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Bn)

7. Herbal Extract Market, By Region, 2019 - 2031 (US$ Bn)

Introduction
- Market Share Analysis, By Country, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, For Country 2019 -2031
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2024-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2024-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2024-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2024-2031,(US$ Bn)
U.S.
Canada
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2024-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2024-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2024-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2024-2031,(US$ Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2024-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2024-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2024-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2024-2031,(US$ Bn)
China
India
Japan
South Korea
ASEAN
Rest of Asia Pacific
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2024-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2024-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2024-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2024-2031,(US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2024-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2024-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2024-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2024-2031,(US$ Bn)
GCC Countries
Israel
South Africa
North Africa
Central Africa
Rest of Middle East

8. Company Profiles - Herbal Extract Market

Botanic Healthcare
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
VIDYA HERBS Pvt. Ltd
Allicin Pharm
Herbal Hills
Alpspure Lifesciences Private Limited
Pioneer Enterprises (I) Private Limited
Dohler GMB
MartinBauer

9. References and Research Methodology

References
Research Methodology
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