Global Botanicals Market 2024-2028

Global Botanicals Market 2024-2028


The botanicals market is forecasted to grow by USD 7852.7 mn during 2023-2028, accelerating at a CAGR of 15.22% during the forecast period. The report on the botanicals market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for food and beverages with botanical ingredients, consumer awareness about side effects of synthetic ingredients, and immunity boosting properties of herbal medicines.

Technavio's botanicals market is segmented as below:

By Source
  • Herbs
  • Spices
  • Flowers
  • Others
By Geographical Landscape
  • Europe
  • North America
  • Asia
  • Rest of World (ROW)
This study identifies the growing demand for organic herbal cosmetics as one of the prime reasons driving the botanicals market growth during the next few years. Also, increasing use of herbs and spices in north america and rise in online retailing of botanicals will lead to sizable demand in the market.

The report on the botanicals market covers the following areas:
  • Botanicals market sizing
  • Botanicals market forecast
  • Botanicals market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading botanicals market vendors that include AmbePhytoextracts Pvt. Ltd., Bell Flavors and Fragrances GmbH, Berje Inc., BI Nutraceuticals, Blue Sky Botanics Ltd., Dohler GmbH, Indesso, International Flavors and Fragrances Inc., Kalsec Inc., Kuber Impex Ltd., Lipoid Kosmetic AG, Nutra Green Biotechnology Co. Ltd., Prakruti Products Pvt. Ltd., Prinova Group LLC, Ransom Naturals Ltd., Rutland Biodynamics Ltd., Synergy Flavors Inc., Synthite Industries Pvt. Ltd., The Herbarie at Stoney Hill Farm Inc., and Umalaxmi Organics Pvt. Ltd.. Also, the botanicals market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Source
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Botanicals Market 2018 - 2022
Historic Market Size - Data Table on Global Botanicals Market 2018 - 2022 ($ million)
4.2 Source segment analysis 2018 - 2022
Historic Market Size - Source Segment 2018 - 2022 ($ million)
4.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.4 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Source
6.1 Market segments
Chart on Source - Market share 2023-2028 (%)
Data Table on Source - Market share 2023-2028 (%)
6.2 Comparison by Source
Chart on Comparison by Source
Data Table on Comparison by Source
6.3 Herbs - Market size and forecast 2023-2028
Chart on Herbs - Market size and forecast 2023-2028 ($ million)
Data Table on Herbs - Market size and forecast 2023-2028 ($ million)
Chart on Herbs - Year-over-year growth 2023-2028 (%)
Data Table on Herbs - Year-over-year growth 2023-2028 (%)
6.4 Spices - Market size and forecast 2023-2028
Chart on Spices - Market size and forecast 2023-2028 ($ million)
Data Table on Spices - Market size and forecast 2023-2028 ($ million)
Chart on Spices - Year-over-year growth 2023-2028 (%)
Data Table on Spices - Year-over-year growth 2023-2028 (%)
6.5 Flowers - Market size and forecast 2023-2028
Chart on Flowers - Market size and forecast 2023-2028 ($ million)
Data Table on Flowers - Market size and forecast 2023-2028 ($ million)
Chart on Flowers - Year-over-year growth 2023-2028 (%)
Data Table on Flowers - Year-over-year growth 2023-2028 (%)
6.6 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ million)
Data Table on Others - Market size and forecast 2023-2028 ($ million)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Source
Market opportunity by Source ($ million)
Data Table on Market opportunity by Source ($ million)
7 Customer Landscape
7.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
8.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
8.3 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
8.4 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ million)
Data Table on North America - Market size and forecast 2023-2028 ($ million)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
8.5 Asia - Market size and forecast 2023-2028
Chart on Asia - Market size and forecast 2023-2028 ($ million)
Data Table on Asia - Market size and forecast 2023-2028 ($ million)
Chart on Asia - Year-over-year growth 2023-2028 (%)
Data Table on Asia - Year-over-year growth 2023-2028 (%)
8.6 Rest of World (ROW) - Market size and forecast 2023-2028
Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
8.7 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
8.8 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ million)
Data Table on China - Market size and forecast 2023-2028 ($ million)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
8.9 UK - Market size and forecast 2023-2028
Chart on UK - Market size and forecast 2023-2028 ($ million)
Data Table on UK - Market size and forecast 2023-2028 ($ million)
Chart on UK - Year-over-year growth 2023-2028 (%)
Data Table on UK - Year-over-year growth 2023-2028 (%)
8.10 Canada - Market size and forecast 2023-2028
Chart on Canada - Market size and forecast 2023-2028 ($ million)
Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Chart on Canada - Year-over-year growth 2023-2028 (%)
Data Table on Canada - Year-over-year growth 2023-2028 (%)
8.11 India - Market size and forecast 2023-2028
Chart on India - Market size and forecast 2023-2028 ($ million)
Data Table on India - Market size and forecast 2023-2028 ($ million)
Chart on India - Year-over-year growth 2023-2028 (%)
Data Table on India - Year-over-year growth 2023-2028 (%)
8.12 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 BI Nutraceuticals
BI Nutraceuticals - Overview
BI Nutraceuticals - Product / Service
BI Nutraceuticals - Key offerings
11.4 Blue Sky Botanics Ltd.
Blue Sky Botanics Ltd. - Overview
Blue Sky Botanics Ltd. - Product / Service
Blue Sky Botanics Ltd. - Key offerings
11.5 Dohler GmbH
Dohler GmbH - Overview
Dohler GmbH - Product / Service
Dohler GmbH - Key offerings
11.6 Indesso
Indesso - Overview
Indesso - Product / Service
Indesso - Key offerings
11.7 International Flavors and Fragrances Inc.
International Flavors and Fragrances Inc. - Overview
International Flavors and Fragrances Inc. - Business segments
International Flavors and Fragrances Inc. - Key news
International Flavors and Fragrances Inc. - Key offerings
International Flavors and Fragrances Inc. - Segment focus
11.8 Kalsec Inc.
Kalsec Inc. - Overview
Kalsec Inc. - Product / Service
Kalsec Inc. - Key offerings
11.9 Prinova Group LLC
Prinova Group LLC - Overview
Prinova Group LLC - Product / Service
Prinova Group LLC - Key offerings
11.10 Ransom Naturals Ltd.
Ransom Naturals Ltd. - Overview
Ransom Naturals Ltd. - Product / Service
Ransom Naturals Ltd. - Key offerings
11.11 Synergy Flavors Inc.
Synergy Flavors Inc. - Overview
Synergy Flavors Inc. - Product / Service
Synergy Flavors Inc. - Key offerings
11.12 Synthite Industries Pvt. Ltd.
Synthite Industries Pvt. Ltd. - Overview
Synthite Industries Pvt. Ltd. - Product / Service
Synthite Industries Pvt. Ltd. - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Global Market Characteristics
Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits5: Executive Summary - Chart on Market Segmentation by Source
Exhibits6: Executive Summary - Chart on Incremental Growth
Exhibits7: Executive Summary - Data Table on Incremental Growth
Exhibits8: Executive Summary - Chart on Company Market Positioning
Exhibits9: Parent Market
Exhibits10: Data Table on - Parent Market
Exhibits11: Market characteristics analysis
Exhibits12: Value Chain Analysis
Exhibits13: Offerings of companies included in the market definition
Exhibits14: Market segments
Exhibits15: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits16: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits17: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits18: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits19: Historic Market Size - Data Table on Global Botanicals Market 2018 - 2022 ($ million)
Exhibits20: Historic Market Size - Source Segment 2018 - 2022 ($ million)
Exhibits21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits23: Five forces analysis - Comparison between 2023 and 2028
Exhibits24: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits29: Chart on Market condition - Five forces 2023 and 2028
Exhibits30: Chart on Source - Market share 2023-2028 (%)
Exhibits31: Data Table on Source - Market share 2023-2028 (%)
Exhibits32: Chart on Comparison by Source
Exhibits33: Data Table on Comparison by Source
Exhibits34: Chart on Herbs - Market size and forecast 2023-2028 ($ million)
Exhibits35: Data Table on Herbs - Market size and forecast 2023-2028 ($ million)
Exhibits36: Chart on Herbs - Year-over-year growth 2023-2028 (%)
Exhibits37: Data Table on Herbs - Year-over-year growth 2023-2028 (%)
Exhibits38: Chart on Spices - Market size and forecast 2023-2028 ($ million)
Exhibits39: Data Table on Spices - Market size and forecast 2023-2028 ($ million)
Exhibits40: Chart on Spices - Year-over-year growth 2023-2028 (%)
Exhibits41: Data Table on Spices - Year-over-year growth 2023-2028 (%)
Exhibits42: Chart on Flowers - Market size and forecast 2023-2028 ($ million)
Exhibits43: Data Table on Flowers - Market size and forecast 2023-2028 ($ million)
Exhibits44: Chart on Flowers - Year-over-year growth 2023-2028 (%)
Exhibits45: Data Table on Flowers - Year-over-year growth 2023-2028 (%)
Exhibits46: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits47: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits48: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits49: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits50: Market opportunity by Source ($ million)
Exhibits51: Data Table on Market opportunity by Source ($ million)
Exhibits52: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits53: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits54: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits55: Chart on Geographic comparison
Exhibits56: Data Table on Geographic comparison
Exhibits57: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits58: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits59: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits60: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits61: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits62: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits63: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits64: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits65: Chart on Asia - Market size and forecast 2023-2028 ($ million)
Exhibits66: Data Table on Asia - Market size and forecast 2023-2028 ($ million)
Exhibits67: Chart on Asia - Year-over-year growth 2023-2028 (%)
Exhibits68: Data Table on Asia - Year-over-year growth 2023-2028 (%)
Exhibits69: Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
Exhibits70: Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
Exhibits71: Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
Exhibits72: Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
Exhibits73: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits74: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits75: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits76: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits77: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits78: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits79: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits80: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits81: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibits82: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibits83: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits84: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits85: Chart on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits86: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits87: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibits88: Data Table on Canada - Year-over-year growth 2023-2028 (%)
Exhibits89: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibits90: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibits91: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibits92: Data Table on India - Year-over-year growth 2023-2028 (%)
Exhibits93: Market opportunity By Geographical Landscape ($ million)
Exhibits94: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits95: Impact of drivers and challenges in 2023 and 2028
Exhibits96: Overview on criticality of inputs and factors of differentiation
Exhibits97: Overview on factors of disruption
Exhibits98: Impact of key risks on business
Exhibits99: Companies covered
Exhibits100: Matrix on companies position and classification
Exhibits101: BI Nutraceuticals - Overview
Exhibits102: BI Nutraceuticals - Product / Service
Exhibits103: BI Nutraceuticals - Key offerings
Exhibits104: Blue Sky Botanics Ltd. - Overview
Exhibits105: Blue Sky Botanics Ltd. - Product / Service
Exhibits106: Blue Sky Botanics Ltd. - Key offerings
Exhibits107: Dohler GmbH - Overview
Exhibits108: Dohler GmbH - Product / Service
Exhibits109: Dohler GmbH - Key offerings
Exhibits110: Indesso - Overview
Exhibits111: Indesso - Product / Service
Exhibits112: Indesso - Key offerings
Exhibits113: International Flavors and Fragrances Inc. - Overview
Exhibits114: International Flavors and Fragrances Inc. - Business segments
Exhibits115: International Flavors and Fragrances Inc. - Key news
Exhibits116: International Flavors and Fragrances Inc. - Key offerings
Exhibits117: International Flavors and Fragrances Inc. - Segment focus
Exhibits118: Kalsec Inc. - Overview
Exhibits119: Kalsec Inc. - Product / Service
Exhibits120: Kalsec Inc. - Key offerings
Exhibits121: Prinova Group LLC - Overview
Exhibits122: Prinova Group LLC - Product / Service
Exhibits123: Prinova Group LLC - Key offerings
Exhibits124: Ransom Naturals Ltd. - Overview
Exhibits125: Ransom Naturals Ltd. - Product / Service
Exhibits126: Ransom Naturals Ltd. - Key offerings
Exhibits127: Synergy Flavors Inc. - Overview
Exhibits128: Synergy Flavors Inc. - Product / Service
Exhibits129: Synergy Flavors Inc. - Key offerings
Exhibits130: Synthite Industries Pvt. Ltd. - Overview
Exhibits131: Synthite Industries Pvt. Ltd. - Product / Service
Exhibits132: Synthite Industries Pvt. Ltd. - Key offerings
Exhibits133: Inclusions checklist
Exhibits134: Exclusions checklist
Exhibits135: Currency conversion rates for US$
Exhibits136: Research methodology
Exhibits137: Information sources
Exhibits138: Data validation
Exhibits139: Validation techniques employed for market sizing
Exhibits140: Data synthesis
Exhibits141: 360 degree market analysis
Exhibits142: List of abbreviations

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