Plant Extract Market Report 2025 (Global Edition)

Global Plant Extract Market Report 2025 Market Size Split by Product type (Oleoresins, Essential Oils, Flavonoids, Alkaloids, Carotenoids, Other types), by Application (Pharmaceutical & dietary supple...

Plant Extract Market Report Description

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Plant Extract Market Insights Video

Competitive Landscape of the Plant Extract Market

The key players in the competitive environment of the plant extracts market are strategizing collaborations, innovations, and acquisitions to expand their market competitiveness. Intense competition is happening among companies offering a wide range of plant extracts for various industries and is driving ongoing R&D efforts to differentiate and capture market share.

In July 2022, Symrise introduced Maison Lautier 1795 (fragrance), a natural brand, and its first three product lines. The emphasis is on artisan, sustainably grown Mediterranean flowers and plants, adding to the company's scent product portfolio.

(Source: https://www.symrise.com/fileadmin/symrise/News/2022/pdf/220706_Symrise_PR_Maison_Lautier.pdf)

In November 2021, Sensient debuted Boundless, introducing a line of chili-based extracts in its flavors & extracts segment. Boundless offers a variety of chili profiles, including Ancho Chili, Chipotle Chili, Green Jalapeno, Habanero Chili, and Red Jalapeno. This will help the company meet the growing demand for new flavors.

(Source: https://www.foodbusinessnews.net/articles/20630-sensient-adding-boundless-line-of-chili-based-extracts)

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

• International Flavors & Fragrances Inc. (US)
• Givaudan (Switzerland)
• Symrise (Germany)
• Kerry Group Plc (Ireland)
• ADM (US)
• Synthite Industries Ltd (India)
• Kalsec Inc. (US)
• Kangcare Bioindustry Co Ltd (China)
• Carbery Group (Ireland)
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of Plant Extract Market

Which Region Dominates the Plant 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. North America's plant extract market is strong, pushed by factors like developing client preference for natural ingredients and the expanding applications of plant extracts throughout various industries. In the USA and Canada, there is a sturdy demand for plant-derived products in sectors inclusive of pharmaceuticals, meals and beverages, cosmetics, and dietary supplements. The region boasts advanced extraction technology and stringent regulatory requirements, ensuring incredible extracts that meet marketplace needs. Additionally, increasing recognition regarding the fitness blessings of plant-based merchandise and the growing recognition of herbal dietary supplements make contributions to marketplace increase. With a nicely mounted infrastructure and a focal point on innovation, North America stays a key participant within the global plant extract market, offering adequate opportunities for each neighborhood and international players.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific region holds a sizeable percentage inside the global plant extract marketplace due to its rich biodiversity, conventional herbal medicine practices, and growing call for natural substances in diverse industries. Countries like China, India, and Southeast Asian nations contribute appreciably to the market with their significant botanical sources and lengthy-status natural traditions. Factors such as a growing patron focus approximately health and well-being, growing disposable incomes, and a shift closer to natural and natural merchandise similarly drive the demand for plant extracts within the region. Additionally, the presence of a massive manufacturing base and supportive regulatory surroundings for botanical merchandise contribute to the boom of the plant extract market inside the Asia-Pacific location.

The current report Scope analyzes Plant 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 Plant Extract Market Analysis

According to Cognitive Market Research, the global Plant Extract Market size was estimated at USD 35125.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 14050.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Plant Extract Market with a market size of USD 11085.51 million in 2024 and is projected to grow at a CAGR of 9.0% during the forecast period. The advancements in extraction technologies and processing methods improve the efficiency and quality of plant extracts, enhancing their usability and versatility in different applications.
• The Canada Plant Extract Market had a market share of USD 1686.01 million in 2024 and is projected to grow at a CAGR of 10.0% during the forecast period. Canada's strong reputation for environmental stewardship drives demand for plant-derived ingredients across industries such as food and beverages, healthcare, and personal care.
• The Mexico Plant Extract Market is projected to witness growth at a CAGR of 9.7% during the forecast period, with a market size of USD 1278.56 million in 2024

Europe Plant Extract Market Analysis

According to Cognitive Market Research,  the global Plant Extract Market size was estimated at USD 35125.2 Million, out of which Europe held the market of more than 30% of the global revenue with a market size of USD 10537.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.5% from 2024 to 2031.

• The United Kingdom Plant Extract Market had a market share of USD 1770.31 million in 2024 and is projected to grow at a CAGR of 10.3% during the forecast period. In the UK, increasing health consciousness and the preference for clean-label ingredients drive the adoption of plant extracts in functional foods, supplements, and herbal remedies.
• The France Plant Extract Market is projected to grow at a CAGR of 8.7% during the forecast period, reaching a market size of USD 969.46 million in 2024.
• According to Cognitive Market Research, the Germany Plant Extract Market size was valued at USD 2086.44 million in 2024 and is projected to grow at a CAGR of 9.7% during the forecast period. In Germany's reputation for technological innovation fosters advancements in extraction techniques, enhancing the efficiency and purity of plant extracts.
• The Italy Plant Extract Market is projected to grow at a CAGR of 8.9% during the forecast period, reaching a market size of USD 906.23 million in 2024.
• The Russian Plant Extract Market is projected to grow at a CAGR of 8.5% during the forecast period, reaching a market size of USD 1633.32 million in 2024.
• The Spanish Plant Extract Market is projected to grow at a CAGR of 8.6% during the forecast period, reaching a market size of USD 864.08 million in 2024.
• The Luxembourg Plant Extract Market is projected to grow at a CAGR of 9.6% during the forecast period, reaching a market size of USD 326.66 million in 2024.
• The Portugal Plant Extract Market is projected to grow at a CAGR of 9.3% during the forecast period, reaching a market size of USD 221.29 million in 2024.
• The Greece Plant Extract Market is projected to grow at a CAGR of 9.8% during the forecast period, reaching a market size of USD 126.45 million in 2024.
• The rest of Europe's Plant Extract Market is projected to witness growth at a CAGR of 8.2% during the forecast period, with a market size of USD 1633.32 million in 2024

Asia Pacific Plant Extract Market Analysis

According to Cognitive Market Research, the global Plant Extract Market size was estimated at USD 35125.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 8078.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Plant Extract Market size was valued at USD 3635.46 million in 2024 and is projected to grow at a CAGR of 12.5% during the forecast period. China's position as a major global supplier of plant-based raw materials strengthens its role in the international plant extract market.
• The Japan Plant Extract Market is projected to grow at a CAGR of 11.5% during the forecast period, reaching a market size of USD 1114.87 million in 2024.
• The India Plant Extract Market had a market share of USD 949.46 million in 2024 and is projected to grow at a CAGR of 14.8% during the forecast period. The increasing consumer awareness of health and wellness drives demand for natural and Ayurvedic products in which plant extracts play a significant role.
• The South Korean pocket Projector market is projected to grow at a CAGR of 12.1% during the forecast period, reaching a market size of USD 807.88 million in 2024.
• The Australian Plant Extract Market is projected to grow at a CAGR of 12.7% during the forecast period, reaching a market size of USD 420.10 million in 2024.
• The South East Asia Plant Extract Market is projected to grow at a CAGR of 14.0% during the forecast period and reach a market size of USD 557.44 million in 2024.
• The Rest of the Asia Pacific Plant Extract Market is projected to witness growth at a CAGR of 12.8% during the forecast period, with a market size of USD 573.59 million in 2024

South America Plant Extract Market Analysis

According to Cognitive Market Research, the global Plant Extract Market size was estimated at USD 35125.2 Million, out of which Latin America market of more than 5% of the global revenue with a market size of USD 1756.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Plant Extract Market size was valued at USD 751.68 million in 2024 and is projected to grow at a CAGR of 11.0% during the forecast period. Brazil's strong tradition of herbal medicine and natural remedies fuels domestic demand for plant extracts in pharmaceuticals, dietary supplements, and traditional medicine.
• The Argentina Plant Extract Market had a market share of USD 295.05 million in 2024 and is projected to grow at a CAGR of 11.3% during the forecast period. The rising interest in sustainable and eco-friendly practices promotes the development of ethical sourcing and organic cultivation methods, further boosting the market.
• The Colombia Plant Extract Market is projected to grow at a CAGR of 10.2% during the forecast period, reaching a market size of USD 156.31 million in 2024.
• The Peru Plant Extract Market is projected to grow at a CAGR of 10.6% during the forecast period, reaching a market size of USD 144.01 million in 2024.
• The Chile Plant Extract Market is projected to grow at a CAGR of 10.7% during the forecast period, reaching a market size of USD 126.45 million in 2024.
• The Rest of the Latin America Plant Extract Market is projected to witness growth at a CAGR of 9.5% during the forecast period, with a market size of USD 282.76 million in 2024

Middle East Plant Extract Market Analysis

According to Cognitive Market Research, the global Plant Extract Market size was estimated at USD 35125.2 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 702.50 million in 2024. It will grow at a compound annual growth rate (CAGR) of 10.7% from 2024 to 2031.

• The GCC Countries' Plant Extract Market is projected to witness growth at a CAGR of 11.5% during the forecast period, reaching USD 300.67 million in 2024. Government initiatives promoting sustainable agriculture and local manufacturing encourage investment in botanical extraction facilities, boosting the market.
• The Egypt Plant Extract Market is projected to grow at a CAGR of 11.0% during the forecast period, reaching a market size of USD 73.76 million in 2024.
• The South Africa Plant Extract Market is projected to grow at a CAGR of 11.7% during the forecast period, reaching a market size of USD 111.00 million in 2024. Government initiatives supporting the development of the natural products industry and promoting indigenous knowledge systems contribute to market growth.
• The Turkey Plant Extract Market is projected to grow at a CAGR of 10.2% during the forecast period, reaching a market size of USD 60.42 million in 2024.
• The Nigeria Plant Extract Market is projected to grow at a CAGR of 9.8% during the forecast period, reaching a market size of USD 73.76 million in 2024.
• The Rest of the MEA Plant Extract Market is projected to witness growth at a CAGR of 9.7% during the forecast period, with a market size of USD 82.90 million in 2024

Plant Extract Market Analysis

Plant Extract Market Product Segment Analysis

Oleoresins are concentrated extracts derived from numerous spices and herbs. They contain unstable vital oils and non-volatile additives of the plant fabric. This type of extract often keeps the flavor, aroma, and healing residences of the original plant in a mighty shape. Oleoresins discover extensive applications in food flavoring, prescribed drugs, cosmetics, and aromatherapy due to their intense flavor profiles and healing benefits.

Essential oils, alternatively, are exceptionally focused hydrophobic liquids extracted from flora via distillation or bloodless pressing. They capture the essence of the plant's perfume and are normally used in aromatherapy, perfumery, cosmetics, and flavoring dealers. Essential oils are prized for their aromatic characteristics and therapeutic homes, which include rest, pressure comfort, and antimicrobial effects.

• Oleoresins
• Essential Oils
• Flavonoids
• Alkaloids
• Carotenoids
• Other types

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 Plant Extract Industry. Request a Free Sample PDF!

Plant Extract Market Application Segment Analysis

Medicinal & dietary supplements represent a significant segment of the plant extracts market. The demand for plant-based medicines and nutritional supplements increases as consumers become more aware of natural remedies and wellness; plant products are valued for their healing and nutritional benefits and are provided among various health products.

The food and beverage industry is also an important player in the plant extracts market. Consumers are increasingly looking for natural ingredients in their food and beverages, preferring plant-based ingredients over additives. Plant extracts act as natural color enhancers in a wide range of foods and beverages. The demand for plant-based products in the food and beverage industry is expected to continue to expand due to the growing trend towards cleaner labels and healthier eating habits.

• Pharmaceutical & dietary supplements
• Food & beverage
• Cosmetics
• Others

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

Plant Extract Sources Segment Analysis

Fruits: This category includes extracts from various fruits such as berries, citrus fruits, and tropical fruits. Fruits are valued for their high content of vitamins, antioxidants, and other bioactive compounds. Fruit extracts are widely used in the food and beverage industry to enhance flavor, color, and nutritional value. In addition, it is used in pharmaceuticals and cosmetics for its potential health and skin benefits.

Flowers and Flowers: Extracts of flowers and flowers include a wide variety of plants, including rose, lavender, saffron, and garlic. This juice is prized for its fragrance, therapeutic benefits, and unique taste. It is widely used in the fragrance industry for the manufacture of perfumes, fragrances, and pharmaceutical products. Additionally, flower-bulb essences are gaining traction in natural healing and skin care products due to their renowned anti-inflammatory, anti-viral, and anti-youth properties.

• Fruits
• Flowers and bulbs
• Leaves
• Barks & stems
• Rhizomes & roots
• Others

Plant Extract Form Segment Analysis

Powdered plant extracts are valued for their versatility and ease of use. They are handy for systems into various merchandise, inclusive of supplements, cosmetics, and purposeful foods. Powdered extracts regularly have an extended shelf life compared to liquid forms, making them suitable for garage and transportation. Additionally, they offer particular dosing, making them preferred in industries in which correct measurements are essential.

Liquid plant extracts are prized for their rapid absorption and bioavailability. They are frequently applied in industries inclusive of prescription drugs and liquids in which brief shipping of bioactive compounds is important. Liquid extracts are also desired for their capacity to capture a broader spectrum of phytochemicals, presenting a more complete range of fitness benefits.

• Powder
• Liquid

Plant Extract Method Segment Analysis

Maceration involves soaking plant material in a solvent to dissolve active compounds. It's a flexible method appropriate for various plant parts and is especially powerful for more difficult materials. This process permits for efficient extraction of compounds like polyphenols and alkaloids, supplying a huge spectrum of programs in industries ranging from prescribed drugs to cosmetics .

Infusion includes steeping plant material in a liquid without heating, relying on time to facilitate extraction. This mild manner is normally used for delicate plant parts like vegetation and leaves, keeping unstable compounds together with crucial oils and flavonoids. Infusion unearths sizable use in herbal teas, aromatherapy, and herbal flavorings.

• Maceration
• Infusion
• Decoction
• Percolation
• Soxhlet
• Ultrasound-assisted extraction
• Supercritical Fluid extraction
• Photonics process
• Microwave-assisted extraction
• Others

Author's Detail

Ashwini Moharir

Research Analyst at Cognitive Market Research

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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