Centella Asiatica Extract Market Report 2025 (Global Edition)

Global Centella Asiatica Extract Market Report 2025 Market Size Split by Product Type (Powder Extract, Liquid Extract, Oil Extract, Capsules/Tablets, Tinctures), by Application (Cosmetics & Personal C...

Centella Asiatica Extract Market Report Description

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Competitive Landscape of the Centella Asiatica Extract Market

The Centella Asiatica extract market features several key players competing for market share. Additionally, numerous smaller companies and suppliers operate in the market, contributing to its competitive landscape. Innovation, product quality, and marketing strategies are key factors driving competition within the industry.

Top Companies Market Share in Centella Asiatica Extract Industry: (In no particular order of Rank)

• Guangxi Changzhou Natural Pharmaceutical Co Ltd
• Frank Biochem Co Ltd
• Lotion crafter LLC
• Alchem International Pvt Ltd
• S. V. Agro Food
• Sabinsa Corporation
• Botanic Healthcare
• Others
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Regional Analysis of the Centella Asiatica Extract Market

Which Region will dominate the Centella Asiatica Extract Market in 2024?

According to Cognitive Market Research, North America dominated the Market in 2024 and accounted for around 40% of the global revenue. It is due to the increasing consumer awareness about its health benefits and the rising demand for natural and plant-based ingredients in various industries. The region's robust healthcare and cosmetics sectors are driving the demand for Centella Asiatica extract as an active ingredient in skincare and medicinal products. Additionally, the growing popularity of traditional and herbal medicine practices is further fueling the market growth in North America. With the presence of market players and the availability of advanced extraction technologies, North America is expected to continue dominating the Centella Asiatica extract market in the region.

Which Region is Expanding at the Fastest CAGR?

The European region is witnessing due to the increasing consumer awareness about the health benefits of this herbal extract. The region is characterized by a growing demand for natural and organic products, which has led to a raise in the use of Centella Asiatica extract in various industries, such as cosmetics, pharmaceuticals, and food and beverages. Additionally, the presence of stringent regulations regarding the use of herbal ingredients in products has contributed to the market's growth as consumers seek safe and effective alternatives to synthetic ingredients.

The current report Scope analyzes Centella Asiatica Extract Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Centella Asiatica Extract Market Analysis

According to Cognitive Market Research, the global Centella Asiatica Extract market size was estimated at USD XX Million, out of which North America held the major Market of more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031. In North America, Centella Asiatica Extract sales dominate, fuelled by increasing consumer awareness about the health benefits of Centella Asiatica Extract, growing demand for natural and organic skincare products, rising prevalence of skin disorders such as acne and eczema, and the expanding cosmetics industry. Additionally, the growing adoption of herbal remedies and traditional medicine practices further fuels the demand for Centella Asiatica Extract in the region.

Country Analysis

• According to Cognitive Market Research, the US had a major share in the Centella Asiatica Extract market, with a market size of USD XX million in 2024. The market is projected to grow at a CAGR of 2.0% during the forecast period due to growing demand for natural and plant-based skincare products coupled with a rise in the prevalence of skin disorders. 
• The Canada Centella Asiatica Extract market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 3.0% during the forecast period. Canada's rising demand for natural and herbal skincare products, coupled with a growing trend towards clean and sustainable beauty, further fuel market growth.
• The Mexico Centella Asiatica Extract market is projected to grow at a CAGR of 2.7% during the forecast period, with a market size of USD XX million in 2024.

 

Europe Centella Asiatica Extract Market Analysis

Cognitive Market Research shows a market value of USD XX million in 2024 and is projected to expand at a compound annual growth rate (CAGR) of 2.5% from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD XX million. Europe’s growth is driven by increasing awareness of the health benefits associated with Centella Asiatica, such as its anti-inflammatory and antioxidant properties. Additionally, the rising demand for natural and plant-based ingredients in skincare and personal care products is driving the market growth. Furthermore, the growing trend of using herbal and traditional remedies in cosmetics and pharmaceuticals is fueling the demand for Centella Asiatica Extract in Europe.

• The United Kingdom Centella Asiatica Extract market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 3.3% during the forecast period. In the UK, Centella Asiatica Extract sales are propelled by the presence of leading skincare brands incorporating it into their products. 
• The France Radar Mitigation Systems market is projected to grow at a CAGR of 1.7% during the forecast period, reaching USD XX million in 2024.
• According to Cognitive Market Research, the German Centella Asiatica Extract market was valued at USD XX million in 2024 and is projected to grow at a CAGR of 2.7% during the forecast period. In Germany, Centella Asiatica Extract sales surged due to increasing consumer awareness about its health benefits and growing demand for natural and herbal skincare products. 
• The Italy Centella Asiatica Extract market is projected to grow at a CAGR of 1.9% during the forecast period, with a market size of USD XX million in 2024.
• The Russian Centella Asiatica Extract market is projected to grow at a CAGR of 1.5% during the forecast period, with a market size of USD XX million in 2024.
• The Spain Centella Asiatica Extract market is projected to grow at a CAGR of 1.6% during the forecast period, reaching a market size of USD XX million in 2024.
• The Luxembourg Centella Asiatica Extract market is projected to grow at a CAGR of 2.6% during the forecast period, with a market size of USD XX million in 2024.
• The Portugal Centella Asiatica Extract market is projected to grow at a CAGR of 2.3% during the forecast period, with a market size of USD XX million in 2024.
• The Greece Centella Asiatica Extract market is projected to grow at a CAGR of 2.8% during the forecast period, reaching a market size of USD XX million in 2024.
• The Rest of Europe's Radar Mitigation Systems market is projected to grow at a CAGR of 1.2% during the forecast period, reaching USD XX million in 2024.

 

Asia Pacific Centella Asiatica Extract Market Analysis

According to Cognitive Market Research, the global Centella Asiatica Extract market size was estimated at USD XX Million, out of which Asia Pacific held the Market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031. The Asia Pacific region is experiencing growth due to increasing awareness about the health benefits of Centella Asiatica Extract, including its potential to improve skin health and cognitive function. Additionally, the rising popularity of natural and herbal products among consumers is driving the growth of the market. Furthermore, the growing cosmetic and pharmaceutical industries in the region are also contributing to market expansion.

• According to Cognitive Market Research, the China Centella Asiatica Extract market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 5.5% during the forecast period. Centella Asiatica Extract sales surged in China due to rising demand for natural skincare products and growing applications in cosmetics and pharmaceuticals.
• The Japan Centella Asiatica Extract market is projected to grow at a CAGR of 4.5% during the forecast period, with a market size of USD XX million in 2024. The demand is augmented by Japan's growing consumer demand for natural skincare products and the increasing popularity of traditional herbal remedies.
• The India Centella Asiatica Extract market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 7.8% during the forecast period. 
• The South Korean Centella Asiatica Extract market is projected to grow at a CAGR of 5.1% during the forecast period, with a market size of USD XX million in 2024.
• The Australian Centella Asiatica Extract market is projected to grow at a CAGR of 5.7% during the forecast period, with a market size of USD XX million in 2024.
• The Southeast Asia Centella Asiatica Extract market is projected to grow at a CAGR of 7.0% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of the Asia Pacific Centella Asiatica Extract market is projected to grow at a CAGR of 5.8% during the forecast period, reaching a market size of USD XX million in 2024.

 

South America Centella Asiatica Extract Market Analysis

According to Cognitive Market Research, the global Centella Asiatica Extract market size was estimated at USD XX Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031. Centella Asiatica Extract sales in Latin America are experiencing growth due to the growing consumer awareness about the health benefits of herbal extracts, increasing demand for natural skincare and cosmetic products, and the rising prevalence of chronic skin conditions. Additionally, the region's rich biodiversity and traditional use of botanical extracts contribute to the market's growth. The popularity of Centella Asiatica Extract is further boosted by its anti-inflammatory, antioxidant, and wound-healing properties, driving its adoption across various industries.

• According to Cognitive Market Research, Brazil's Centella Asiatica Extract market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period. Centella Asiatica Extract sales flourish in Brazil due to rising awareness about skincare and beauty products.
• The Argentina Centella Asiatica Extract market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 4.3% during the forecast period. Argentina's commitment to the increasing demand for natural ingredients in cosmetics and skin care products augments the demand.
• The Colombia Centella Asiatica Extract market is projected to grow at a CAGR of 3.2% during the forecast period, with a market size of USD XX million in 2024.
• The Peru Centella Asiatica Extract market is projected to grow at a CAGR of 3.6% during the forecast period, with a market size of USD XX million in 2024.
• The Chile Centella Asiatica Extract market is projected to grow at a CAGR of 3.7% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of the Latin America Centella Asiatica Extract market is projected to grow at a CAGR of 2.5% during the forecast period, with a market size of USD XX million in 2024.

 

Middle East Centella Asiatica Extract Market Analysis

According to Cognitive Market Research, the global Centella Asiatica Extract market size was estimated at USD XX Million, out of which the Middle East and Africa held the major Market of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031. MEA experiences an upswing in Centella Asiatica Extract sales driven by increasing demand for natural ingredients in cosmetics and skincare products. The region's growing population and rising disposable income contribute to the market's expansion. Additionally, awareness about the health benefits of Centella Asiatica Extract, such as its anti-inflammatory and antioxidant properties, further boosts its demand in the region.

• According to Cognitive Market Research, the GCC Countries Centella Asiatica Extract market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 4.5% during the forecast period. Centella Asiatica Extract sales flourish in the GCC Countries due to the increasing awareness about its health benefits, including its antioxidant and anti-inflammatory properties.
• The Egypt Centella Asiatica Extract market is projected to grow at a CAGR of 4.0% during the forecast period, with a market size of USD XX million in 2024.
• The South African Centella Asiatica Extract market is projected to grow at a CAGR of 4.7% during the forecast period, reaching USD XX million in 2024. Centella Asiatica Extract sales flourish in South Africa due to the growing demand for natural and herbal products, coupled with increasing disposable income.
• The Turkey Centella Asiatica Extract market is projected to grow at a CAGR of 3.2% during the forecast period, with a market size of USD XX million in 2024.
• The Nigerian Radar Mitigation Systems market is projected to grow at a CAGR of 2.8% during the forecast period, reaching a market size of USD XX million in 2024.
• The Rest of the MEA Centella Asiatica Extract market is projected to grow at a CAGR of 2.7% during the forecast period, reaching a market size of USD XX million in 2024.

 

Centella Asiatica Extract Market Analysis

Product Type Segment Analysis of Centella Asiatica Extract Market

Quality management is the major parameter to meet specific standards and specifications, reliability and consistency. The chemical and material industry is full of various types of chemicals and it is necessary to focus on quality management because it may affect environment & other equipment. Raw materials plays an important role in this industry. The chemical industry converts these raw materials into primary, secondary, and tertiary products. Fluctuations in raw material prices may impact the market growth in the near future. This study includes the revenue generation of each type in each region for the year 2021 to 2033. Additionally it also provides detailed supply chain analysis along with current trends in the market which are expected to propel the market growth in the coming year.

Product Type of Centella Asiatica Extract analyzed in this report are as follows:

• Powder Extract
• Liquid Extract
• Oil Extract
• Capsules/Tablets
• Tinctures

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Centella Asiatica Extract Industry. Request a Free Sample PDF!

Centella Asiatica Extract  Application Segment Analysis

According to Cognitive Market Research, cosmetics hold a prominent market share. In the cosmetic industry, Centella Asiatica Extract is widely used in skincare products due to its anti-inflammatory, antioxidant, and wound-healing properties. It is often included in creams, serums, and lotions aimed at improving skin texture, reducing acne, and preventing aging signs.

Pharmaceuticals are the fastest-growing category over the forecast period. Centella Asiatica Extract is utilized in various medicinal products such as ointments, gels, and supplements for its potential health benefits, including promoting circulation, reducing inflammation, and supporting cognitive function.

• Cosmetic
• Pharmaceutical
• Others

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Centella Asiatica Extract End User Segment Analysis

• Individual Consumers
• Cosmetic Manufacturers
• Pharmaceutical Companies
• Nutraceutical Companies
• Spa & Wellness Centers
• R&D and Academic Institutions

Centella Asiatica Extract Distribution Channel Segment Analysis

• Online Retail/E-commerce
• Pharmacies/Drug Stores
• Specialty Health Stores
• Supermarkets & Hypermarkets
• Direct Sales (B2B/Bulk Suppliers)
• Distributors/Wholesalers

Author's Detail

Ashwini Moharir

Research Analyst at Cognitive Market Research

LinkedIn

Profile

Enthusiastic and analytical market research professional with 2 years of hands-on experience in tracking market trends, evaluating consumer behavior, and supporting strategic decision-making. Proficient in designing surveys, conducting interviews, and synthesizing insights from both primary and secondary sources. Successfully contributed to research projects across sectors such as retail, personal care, and industrial markets. Brings a keen eye for detail, strong data interpretation skills, and a passion for uncovering what drives markets forward. Comfortable working in fast-paced environments and collaborating across departments to deliver clear, actionable findings.

Author's Conclusion