Plant Extracts Market to Grow with a CAGR of 12.25% through 2030

Increasing consumer awareness and demand for natural and herbal products are factors driving the Global Plant Extracts market in the forecast period 2026-2030

According to TechSci Research report, “Plant Extracts Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, the Global Plant Extracts Market stood at USD 43.75 Billion in 2024 and is anticipated to grow with a CAGR of  12.25% in the forecast period, 2026-2030.

The natural and organic beauty industry is experiencing unprecedented growth, driven by consumer demand for plant-based skincare, haircare, and personal care solutions. Brands are actively integrating essential oils, herbal extracts, and fruit-derived bioactives into formulations, capitalizing on the rising preference for botanical cosmetics. The shift toward clean beauty and sustainability is accelerating, as consumers increasingly reject parabens, sulfates, and synthetic additives, pushing manufacturers to develop eco-friendly, plant-based formulations. Additionally, the K-Beauty and J-Beauty industries are leading the way in botanical skincare innovations, influencing global beauty trends. Major cosmetic brands are responding by launching plant-based serums, facial oils, and organic hair treatments, reinforcing the demand for high-quality plant extracts.

Technological advancements in extraction and processing are also revolutionizing the plant extracts market, making production more efficient and sustainable. Supercritical CO₂ extraction is ensuring high-purity, solvent-free extracts that retain their bioactive properties, while cold press and steam distillation remain crucial in the production of essential oils for fragrance and therapeutic applications. Fermentation and enzyme-assisted extraction techniques are enhancing the bioavailability of plant-derived compounds, particularly in functional foods and nutraceuticals. These innovations are reducing production costs, improving yields, and optimizing ingredient efficacy, making high-performance plant extracts more accessible to manufacturers across industries.

The shift toward natural, organic, and plant-based alternatives is now a defining force in food & beverages, pharmaceuticals, cosmetics, and nutraceuticals. Heightened consumer awareness of the health risks associated with synthetic additives is fueling demand for clean-label and plant-based alternatives. The food and beverage industry, in particular, is one of the largest consumers of plant extracts, incorporating them as natural flavoring agents, preservatives, and functional ingredients. Vanilla, citrus, mint, and stevia extracts are widely used as flavor enhancers, while the antimicrobial properties of botanical extracts are extending shelf life in food products. Additionally, the rising popularity of plant-based diets and functional foods is driving demand for herbal teas, fortified juices, and nutrient-rich beverages. The rapid expansion of the functional food and beverage sector, particularly in energy drinks, infused beverages, and plant-based nutrition, continues to accelerate the need for high-quality plant extracts, solidifying their position as essential ingredients in modern product formulations.

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The Global Plant Extracts Market is segmented into product type, application, regional distribution, and company

Based on its application, the Food & Beverages sector emerged as the dominant segment in the Global Plant Extracts Market. This dominance is driven by the growing consumer demand for natural, clean-label ingredients, functional foods, and plant-based alternatives, along with widespread industry adoption of plant extracts as natural flavor enhancers, preservatives, and health-boosting ingredients. The food and beverage industry is increasingly replacing synthetic additives and artificial flavors with plant-derived extracts, such as vanilla, citrus oils, stevia, mint, and herbal infusions. The shift toward natural ingredients is further fueled by regulatory pressure and consumer preference for clean-label products that are free from artificial chemicals. The rising demand for functional foods and beverages enriched with plant-based bioactives has driven the incorporation of extracts with antioxidant, antimicrobial, and anti-inflammatory properties. Ingredients such as green tea extracts, curcumin, ginger, ginseng, and aloe vera are now widely used in health drinks, fortified juices, herbal teas, and dietary supplements.

Based on region, North America is emerging as one of the fastest-growing markets in the Global Plant Extracts Industry, driven by rising consumer demand for natural and functional ingredients, increasing regulatory support for plant-based formulations, rapid expansion of the nutraceutical and clean-label food industries, and strong investments in botanical research and innovation. With a highly developed food & beverage sector, a booming wellness industry, and a growing shift toward plant-based alternatives, the region is expected to experience significant market expansion over the coming years. North American consumers are increasingly seeking plant-based, organic, and functional ingredients across multiple industries, including food & beverages, pharmaceuticals, personal care, and dietary supplements. The clean-label movement is reshaping the food industry, with consumers demanding natural flavors, botanical extracts, and preservative-free formulations. Extracts from turmeric, rosemary, stevia, and citrus are widely used in food and beverage products. The rising trend of health drinks, herbal teas, and plant-based protein shakes is fueling demand for extracts like ginseng, ashwagandha, green tea, and adaptogenic herbs. Botanical extracts are increasingly used in vegan formulations for flavor enhancement, fortification, and natural coloring, supporting the rise of plant-based meat, dairy-free beverages, and alternative proteins.

The North American nutraceutical industry is witnessing unprecedented growth, driven by rising consumer health awareness and increasing preference for plant-derived supplements. Consumers are turning to botanical extracts such as elderberry, echinacea, turmeric, and ginkgo biloba for immune support, cognitive health, and anti-inflammatory benefits. The legalization of CBD-infused products in the U.S. and Canada has led to a surge in demand for hemp-derived extracts in supplements, wellness products, and functional foods. There is growing interest in Ayurvedic and Traditional Chinese Medicine (TCM) ingredients, with extracts like ashwagandha, reishi mushrooms, and maca root gaining popularity in stress management and energy-boosting supplements.

Major companies operating in Global Plant Extracts Market are:

• Naturex Inc
• Groupe Berkem SA
• Kuber Impex Ltd
• Organic Herb Inc
• Plant Extracts International Inc
• Network Nutrition Pty Ltd
• Nantong Sihai plant extracts Co ltd
• Phytovation Ltd

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“The growing acceptance and legalization of cannabinoids, particularly CBD, have catapulted plant extracts into new frontiers. Cannabinoids are garnering attention for their potential therapeutic benefits, including anti-inflammatory and stress-relieving properties. The integration of cannabinoids into diverse product categories, from wellness supplements to skincare, reflects the dynamic expansion of the plant extracts market.,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Plant Extracts Market – Global Industry Size, Share, Trends, Opportunity, & Forecast, Segmented By Product Type (Oleoresins, Essential Oils, Flavonoids, Alkaloids, Carotenoids, Others), By Application (Food & Beverages, Cosmetics, Pharmaceuticals, Dietary Supplements, Others), By Region & Competition 2020-2030F", has evaluated the future growth potential of Global Plant Extracts Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Plant Extracts Market.

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