Global Herbal Extract Market 2023-2027

Global Herbal Extract Market 2023-2027


The herbal extract market is forecasted to grow by USD 29.19 bn during 2022-2027, accelerating at a CAGR of 12.97% during the forecast period. The report on the herbal extract 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 increasing demand for food and beverages with herbal ingredients, the growth of herbal medicine, and growing consumer awareness of the side effects of allopathic medicines.

Technavio's herbal extract market is segmented as below:

By Application
  • Pharmaceuticals
  • Personal care
  • Others
By Type
  • Liquid
  • Powder
By Geographical Landscape
  • APAC
  • North America
  • Europe
  • Middle East and Africa
  • South America
This study identifies the increasing prevalence in customized herbal blends as one of the prime reasons driving the herbal extract market growth during the next few years. Also, the availability of plant-based alternatives in food and beverages and manufacturers leveraging digital platforms and e-commerce channels will lead to sizable demand in the market.

The report on the herbal extract market covers the following areas:
  • Herbal extract market sizing
  • Herbal extract market forecast
  • Herbal extract 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 herbal extract market vendors that include Dohler GmbH, Herbal Creations, Herbochem, India Essential Oils, K. Patel Phyto Extractions Pvt. Ltd., Kalsec Inc., MB Holding GmbH and Co. KG, Mountain Rose Herbs, Naturalin Bio Resources Co. Ltd., Naturex SA, Organic Herb Inc., Ransom Naturals Ltd., SA Herbal Bioactives LLP, Sami Spices, Shaanxi Jiahe Phytochem Co. Ltd., Starwest Botanicals.com Inc., Synergy Flavors Inc., Synthite Industries Pvt. Ltd., Vidya Herbs Pvt. Ltd., and Natures Way Brands LLC. Also, the herbal extract 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.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Chart on Market Overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Chart on Global Market Characteristics
      • Table Executive Summary - Chart on Market by Geography
      • Table Executive Summary - Chart on Market Segmentation by Application
      • Table Executive Summary - Chart on Market Segmentation by Type
      • Table Executive Summary - Chart on Incremental Growth
      • Table Executive Summary - Data Table on Incremental Growth
      • Table Executive Summary - Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2022
    • Market outlook: Forecast for 2022-2027
      • Table Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
  • Historic Market Size
    • Global herbal extract market 2017 - 2021
      • Table Historic Market Size - Data Table on global herbal extract market 2017 - 2021 ($ billion)
    • Application Segment Analysis 2017 - 2021
      • Table Historic Market Size - Application Segment 2017 - 2021 ($ billion)
    • Type Segment Analysis 2017 - 2021
      • Table Historic Market Size - Type Segment 2017 - 2021 ($ billion)
    • Geography Segment Analysis 2017 - 2021
      • Table Historic Market Size - Geography Segment 2017 - 2021 ($ billion)
    • Country Segment Analysis 2017 - 2021
      • Table Historic Market Size - Country Segment 2017 - 2021 ($ billion)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2022 and 2027
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers - Impact of key factors in 2022 and 2027
    • Threat of new entrants
      • Table Threat of new entrants - Impact of key factors in 2022 and 2027
    • Threat of substitutes
      • Table Threat of substitutes - Impact of key factors in 2022 and 2027
    • Threat of rivalry
      • Table Threat of rivalry - Impact of key factors in 2022 and 2027
    • Market condition
      • Table Chart on Market condition - Five forces 2022 and 2027
  • Market Segmentation by Application
    • Market segments
      • Table Chart on Application - Market share 2022-2027 (%)
      • Table Data Table on Application - Market share 2022-2027 (%)
    • Comparison by Application
      • Table Chart on Comparison by Application
      • Table Data Table on Comparison by Application
    • Pharmaceuticals - Market size and forecast 2022-2027
      • Table Chart on Pharmaceuticals - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Pharmaceuticals - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Pharmaceuticals - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Pharmaceuticals - Year-over-year growth 2022-2027 (%)
    • Personal care - Market size and forecast 2022-2027
      • Table Chart on Personal care - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Personal care - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Personal care - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Personal care - Year-over-year growth 2022-2027 (%)
    • Others - Market size and forecast 2022-2027
      • Table Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Others - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Others - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application ($ billion)
      • Table Data Table on Market opportunity by Application ($ billion)
  • Market Segmentation by Type
    • Market segments
      • Table Chart on Type - Market share 2022-2027 (%)
      • Table Data Table on Type - Market share 2022-2027 (%)
    • Comparison by Type
      • Table Chart on Comparison by Type
      • Table Data Table on Comparison by Type
    • Liquid - Market size and forecast 2022-2027
      • Table Chart on Liquid - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Liquid - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Liquid - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Liquid - Year-over-year growth 2022-2027 (%)
    • Powder - Market size and forecast 2022-2027
      • Table Chart on Powder - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Powder - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Powder - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Powder - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type ($ billion)
      • Table Data Table on Market opportunity by Type ($ billion)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2022-2027 (%)
      • Table Data Table on Market share by geography 2022-2027 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2022-2027
      • Table Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • North America - Market size and forecast 2022-2027
      • Table Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on North America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on North America - Year-over-year growth 2022-2027 (%)
    • Europe - Market size and forecast 2022-2027
      • Table Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • Middle East and Africa - Market size and forecast 2022-2027
      • Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • South America - Market size and forecast 2022-2027
      • Table Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on South America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on South America - Year-over-year growth 2022-2027 (%)
    • China - Market size and forecast 2022-2027
      • Table Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on China - Year-over-year growth 2022-2027 (%)
      • Table Data Table on China - Year-over-year growth 2022-2027 (%)
    • US - Market size and forecast 2022-2027
      • Table Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on US - Year-over-year growth 2022-2027 (%)
      • Table Data Table on US - Year-over-year growth 2022-2027 (%)
    • India - Market size and forecast 2022-2027
      • Table Chart on India - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on India - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on India - Year-over-year growth 2022-2027 (%)
      • Table Data Table on India - Year-over-year growth 2022-2027 (%)
    • Germany - Market size and forecast 2022-2027
      • Table Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • Canada - Market size and forecast 2022-2027
      • Table Chart on Canada - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Canada - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
      • Table Data Tables on Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increasing demand for food and beverages with herbal ingredients
      • Growth of herbal medicine
      • Growing consumer awareness on side effects of allopathic medicines
    • Market challenges
      • Providing high-quality herbal products
      • High production cost
      • Shortage of raw materials
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2022 and 2027
    • Market trends
      • Increasing prevalence in customized herbal blends
      • Availability of plant-based alternatives in food and beverages
      • Manufacturers leveraging digital platforms and e-commerce channels
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Dohler GmbH
      • Table Dohler GmbH - Overview
      • Table Dohler GmbH - Product / Service
      • Table Dohler GmbH - Key offerings
    • Herbal Creations
      • Table Herbal Creations - Overview
      • Table Herbal Creations - Product / Service
      • Table Herbal Creations - Key offerings
    • Herbochem
      • Table Herbochem - Overview
      • Table Herbochem - Product / Service
      • Table Herbochem - Key offerings
    • K. Patel Phyto Extractions Pvt. Ltd.
      • Table K. Patel Phyto Extractions Pvt. Ltd. - Overview
      • Table K. Patel Phyto Extractions Pvt. Ltd. - Product / Service
      • Table K. Patel Phyto Extractions Pvt. Ltd. - Key offerings
    • Kalsec Inc.
      • Table Kalsec Inc. - Overview
      • Table Kalsec Inc. - Product / Service
      • Table Kalsec Inc. - Key offerings
    • MB Holding GmbH and Co. KG
      • Table MB Holding GmbH and Co. KG - Overview
      • Table MB Holding GmbH and Co. KG - Product / Service
      • Table MB Holding GmbH and Co. KG - Key offerings
    • Mountain Rose Herbs
      • Table Mountain Rose Herbs - Overview
      • Table Mountain Rose Herbs - Product / Service
      • Table Mountain Rose Herbs - Key offerings
    • Naturalin Bio Resources Co. Ltd.
      • Table Naturalin Bio Resources Co. Ltd. - Overview
      • Table Naturalin Bio Resources Co. Ltd. - Product / Service
      • Table Naturalin Bio Resources Co. Ltd. - Key offerings
    • Naturex SA
      • Table Naturex SA - Overview
      • Table Naturex SA - Product / Service
      • Table Naturex SA - Key offerings
    • Organic Herb Inc.
      • Table Organic Herb Inc. - Overview
      • Table Organic Herb Inc. - Product / Service
      • Table Organic Herb Inc. - Key offerings
    • SA Herbal Bioactives LLP
      • Table SA Herbal Bioactives LLP - Overview
      • Table SA Herbal Bioactives LLP - Product / Service
      • Table SA Herbal Bioactives LLP - Key offerings
    • Shaanxi Jiahe Phytochem Co. Ltd.
      • Table Shaanxi Jiahe Phytochem Co. Ltd. - Overview
      • Table Shaanxi Jiahe Phytochem Co. Ltd. - Product / Service
      • Table Shaanxi Jiahe Phytochem Co. Ltd. - Key offerings
    • Starwest Botanicals.com Inc.
      • Table Starwest Botanicals.com Inc. - Overview
      • Table Starwest Botanicals.com Inc. - Product / Service
      • Table Starwest Botanicals.com Inc. - Key offerings
    • Synthite Industries Pvt. Ltd.
      • Table Synthite Industries Pvt. Ltd. - Overview
      • Table Synthite Industries Pvt. Ltd. - Product / Service
      • Table Synthite Industries Pvt. Ltd. - Key offerings
    • Vidya Herbs Pvt. Ltd.
      • Table Vidya Herbs Pvt. Ltd. - Overview
      • Table Vidya Herbs Pvt. Ltd. - Product / Service
      • Table Vidya Herbs Pvt. Ltd. - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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