Plant Extracts Market, By Product Type, By Form, By Application, By Geography

Description

The plant extracts market is estimated to be valued at USD 42.54 Bn in 2024 and is expected to reach USD 89.43 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 11.2% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 42.54 Bn
Historical Data for:	2019 to 2023	Forecast Period:	2024 to 2031
Forecast Period 2024 to 2031 CAGR:	11.20%	2031 Value Projection:	US$ 89.43 Bn

Figure. Plant Extracts Market Share (%), By Region 2024

The global plant extracts market has seen substantial growth in recent years due to increasing demand from various end-use industries such as food and beverages, cosmetics, and pharmaceuticals. Plant extracts contain numerous bioactive compounds with several health benefits. Components, such as phytochemicals, antioxidants, polyphenols, and flavonoids extracted from plants, are commonly used in dietary supplements, functional foods, and cosmetic products due to their therapeutic properties. The rising health consciousness among consumers is a major driver for the increased consumption of plant derived ingredients in both developed and emerging economies worldwide. With rapid urbanization and growing prevalence of lifestyle diseases, the commercial applications of plant extracts are expected to significantly expand over the coming years.

Market Dynamics:

The global plant extracts market is driven by increasing health awareness, rising disposable incomes, and growth of end-use industries such as food and beverages, nutraceuticals, and cosmetics. Consumer preference for herbal and natural products free from synthetic ingredients is propelling the demand for plant extracts. However, high costs associated with R&D activities for developing new extraction methods and standardized extracts could hinder the market growth. Expanding applications of plant extracts in developing areas like organic farming and animal feed additives present lucrative opportunities. Stringent quality and safety regulations particularly for extracts used in pharmaceuticals and food pose a challenge to industry stakeholders.

Key Features of the Study:

This report provides in-depth analysis of the global plant extracts 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 approvals, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global plant extracts 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 Symrise AG, Sensient Technologies Corporation, International Flavors & Fragrance Inc., Givaudan, Synergy Flavors, Synthite Industries Private LTD, PT Indesso Aroma, Vidya Herbs Private Ltd., Nutra Green Biotechnology Co. Ltd, Kalsec Inc., Indena S.p.A., Naturex Inc., Mane Fils SA, Kalsec Inc., Dohler GmbH, Vidya Herbs , Indesso , Kangcare Bioindustry Co., Ltd, Martin Bauer GmbH & Co. KG, Native Extracts Pty. Ltd.
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 plant extracts 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 plant extracts market.

Detailed Segmentation-

By Product Type:
- Spices
- Essential Oils
- Phytochemicals
- Others
By Form:
- Dry
- Liquid
By Application:
- Pharmaceuticals
- Food and Beverages
- Personal Care
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Symrise AG
- Sensient Technologies Corporation
- International Flavors & Fragrance Inc.
- Givaudan
- Synergy Flavors
- Synthite Industries Private LTD
- PT Indesso Aroma
- Vidya Herbs Private Ltd.
- Nutra Green Biotechnology Co. Ltd
- Kalsec Inc.
- Indena S.p.A.
- Naturex Inc.
- V. Mane Fils SA
- Kalsec Inc.
- Dohler GmbH
- Vidya Herbs
- Indesso
- Kangcare Bioindustry Co., Ltd
- Martin Bauer GmbH & Co. KG
- Native Extracts Pty. Ltd.

Product Code: CMI1450

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

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

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
PEST Analysis
PORTER's Five Forces Analysis
Market Opportunities
Regulatory Scenario
Industry Trend
Mergers and Acquisitions

4. Global Plant Extracts Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Global Plant Extracts Market
Impact Analysis

5. Global Plant Extracts Market, By Product Type, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Carbonates
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Spices
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Essential Oils
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Phytochemicals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends

6. Global Plant Extracts Market, By Form, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Dry
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Liquid
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends

7. Global Plant Extracts Market, By Application, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Pharmaceuticals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Food and Beverages
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Personal Care
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends

8. Global Plant Extracts Market, By Region, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019-2031
North America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Form, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn))
- Market Size and Forecast, By Form, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Form, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Form, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Middle East & Africa
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Form, 2019 - 2031 (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East & Africa

9. Competitive Landscape

Market Share Analysis
Company Profiles
- Symrise AG
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Sensient Technologies Corporation
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- International Flavors & Fragrance Inc.
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Givaudan
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Synergy Flavors
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Synthite Industries Private LTD
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- PT Indesso Aroma
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Vidya Herbs Private Ltd.
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Nutra Green Biotechnology Co. Ltd
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Kalsec Inc.
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Indena S.p.A.
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Naturex Inc.
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- V. Mane Fils SA
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Kalsec Inc.
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Dohler GmbH
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Vidya Herbs
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Indesso
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Kangcare Bioindustry Co., Ltd
- Martin Bauer GmbH & Co. KG
- Native Extracts Pty. Ltd.

10. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

11. Section

References
Research Methodology
About Us and Sales Contact
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