Plant Extracts Market Size, Trends, Analysis, and Outlook By Product (Oleoresins, Essential Oils, Flavonoids, Alkaloids, Carotenoids, Others), By Source (Food & beverages, Cosmetics, Pharmaceuticals, Dietary Supplements, Others), By Form (Dry, Liquid), By

Plant Extracts Market Size, Trends, Analysis, and Outlook By Product (Oleoresins, Essential Oils, Flavonoids, Alkaloids, Carotenoids, Others), By Source (Food & beverages, Cosmetics, Pharmaceuticals, Dietary Supplements, Others), By Form (Dry, Liquid), By Application (Herbs & spices, Fruits & vegetables, Flowers), by Country, Segment, and Companies, 2024-2032


Global Plant Extracts Market Size is valued at $38.6 Billion in 2024 and is forecast to register a growth rate (CAGR) of 11.3% to reach $90.9 Billion by 2032.

The plant extracts market is expanding due to the increasing use of natural ingredients in food, beverages, and dietary supplements. Plant extracts such as essential oils, alkaloids, and flavonoids are valued for their health benefits and flavoring properties. Clean-label and natural product trends are fueling growth.

Plant Extracts Market Drivers, Trends, Opportunities, and Growth Opportunities

The comprehensive report presents unique market trends and challenges shaping the outlook for industry stakeholders. The Future of Plant Extracts survey report provides the market size outlook across types, applications, and segments globally and regionally. It also offers data-driven insights and actionable recommendations for companies in the Plant Extracts industry.

Key market trends defining the global Plant Extracts demand in 2025 and Beyond

The Plant Extracts industry remains an attractive hub for both domestic and global vendors. As we enter 2025, demand from end-user sectors, changes in consumption patterns, new product launches, and widening distribution channels will play major roles.

Plant Extracts Market Segmentation- Industry Share, Market Size, and Outlook to 2032

Rising demand for diverse products and applications fuels the increased investments in niche segments. Leading companies focus on generating a large share of their future revenue growth by expanding into these niche segments. The report presents a market size outlook across segments, supporting companies scaling up production with a focus on potential countries.

Key strategies adopted by companies within the Plant Extracts industry

Leading Plant Extracts companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions. In particular, companies that leverage advanced technologies to achieve operational excellence are set to gain significant revenues. The report details the key strategies adopted by the top 10 Plant Extracts companies.

Plant Extracts Market Study- Strategic Analysis Review

The market research report dives deep into qualitative factors shaping the market, empowering you to make informed decisions.
  • Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
  • Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
  • Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
  • Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
Plant Extracts Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Plant Extracts industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. With actual data for 2023, the report forecasts the market size outlook from 2024 to 2032 in three scenarios: low case, reference case, and high case.

Plant Extracts Country Analysis and Revenue Outlook to 2032

The report analyzes 22 countries worldwide, including key driving forces and market size outlook from 2021 to 2032. Additionally, it includes region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America. For each region, the market size outlook by segments is forecast for 2032.

North America Plant Extracts Market Size Outlook- Companies plan for focused investments in a changing environment

The US remains the market leader in North America, driven by a large consumer base, well-established providers, and strong infrastructure. Leading companies focus on new product launches in a changing environment. The US GDP is expected to grow from $28,781.1 Billion in 2024 to $36,621 Billion in 2030, driving demand for various Plant Extracts market segments. Similarly, strong market demand encourages Canadian Plant Extracts companies to invest in niche segments. Mexico's investment in technological advancements positions it for significant market expansion.

Europe Plant Extracts Market Size Outlook- Companies investing in assessing consumers, categories, competitors, and capabilities.

The German Plant Extracts industry remains the major market for companies in the European Plant Extracts industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Plant Extracts market fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and addressing niche consumer segments.

Asia Pacific Plant Extracts Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing pool of consumer base, robust consumption expenditure, and increasing investments in manufacturing drive the demand for Plant Extracts in Asia Pacific. In particular, China, India, and South East Asian Plant Extracts markets present a compelling outlook for 2032, attracting both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate market changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.

Latin America Plant Extracts Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to higher purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Plant Extracts Market Size Outlook- continues its upward trajectory across segments.

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Plant Extracts market potential. Fuelled by increasing consumption expenditure of individuals and growing population drive the demand for Plant Extracts.

Plant Extracts Company Profiles

The global Plant Extracts market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. The leading companies included in the study are Archer Daniels Midland Company (ADM), Carbery Group, Givaudan SA, International Flavors & Fragrances Inc, Kalsec Inc, Kangcare bioindustry co. Ltd, Kerry Group Plc, Symrise AG, Synthite Industries Ltd.

Recent Plant Extracts Market Developments

The global Plant Extracts market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Plant Extracts Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2032 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis
  • Pricing Analysis
  • Value Chain Analysis
  • SWOT Profile
  • Market Dynamics- Trends, Drivers, Challenges
  • Porter’s Five Forces Analysis
  • Macroeconomic Impact Analysis
  • Case Scenarios- Low, Base, High
Market Segmentation:

Product

Oleoresins

Essential Oils

Flavonoids

Alkaloids

Carotenoids

Others

Source

Food & beverages

Cosmetics

Pharmaceuticals

Dietary Supplements

Others

Form

Dry

Liquid

Application

Herbs & spices

Fruits & vegetables

Flowers

Geographical Segmentation:
  • North America (3 markets)
  • Europe (6 markets)
  • Asia Pacific (6 markets)
  • Latin America (3 markets)
  • Middle East Africa (5 markets)
Companies

Archer Daniels Midland Company (ADM)

Carbery Group

Givaudan SA

International Flavors & Fragrances Inc

Kalsec Inc

Kangcare bioindustry co. Ltd

Kerry Group Plc

Symrise AG

Synthite Industries Ltd

Formats Available: Excel, PDF, and PPT


Chapter 1: Executive Summary
1.1 Study Scope
1.2 Market Definition
1.3 Report Guide
1.3.1 Country Coverage
1.3.2 Companies Profiled
1.3.3 Study Period: 2018 to 2023 and 2024 to 2032
1.3.4 Units
1.4 Abbreviations
Chapter 2. Plant Extracts Market Overview- 2025
2.1 An Introduction to the Global Plant Extracts Markets
2.2 Key Statistics
2.3 Region Benchmarking, 2024
2.4 Country Positioning Matrix, 2024
Chapter 3. Strategic Analysis Review
3.1 Plant Extracts Industry Stakeholders
3.2 Value Chain Analysis
3.3 Porter’s Five Forces Analysis
3.4 SWOT Profile
3.5 Recent Market Developments
Chapter 4. Impact Analysis and Scenario Forecasts
4.1 Russia-Ukraine Conflict Analysis
4.2 COVID-19: Post Pandemic Recovery Analysis
4.3 US Inflation and Sluggish Growth in China
4.4 Focus on Sustainability
4.5 Low Growth Case Scenario: Global Plant Extracts Market Outlook to 2032
4.6 Reference Case Scenario: Global Plant Extracts Market Outlook to 2032
4.7 High Growth Case Scenario: Global Plant Extracts Market Outlook to 2032
Chapter 5: Plant Extracts Market Dynamics
5.1 Key Plant Extracts Market Trends
5.2 Potential Plant Extracts Market Opportunities
5.3 Key Market Challenges
Chapter 6: Global Plant Extracts Market Analysis and Outlook to 2032
6.1 Global Market Outlook by Segments, 2021 to 2032
6.2 Product
Oleoresins
Essential Oils
Flavonoids
Alkaloids
Carotenoids
Others
Source
Food & beverages
Cosmetics
Pharmaceuticals
Dietary Supplements
Others
Form
Dry
Liquid
Application
Herbs & spices
Fruits & vegetables
Flowers
6.3 Global Market Outlook by Region, 2021 to 2032
Chapter 7: North America Plant Extracts Market Analysis and Outlook to 2032
7.1 North America Market Outlook by Segments, 2021- 2032
7.2 Product
Oleoresins
Essential Oils
Flavonoids
Alkaloids
Carotenoids
Others
Source
Food & beverages
Cosmetics
Pharmaceuticals
Dietary Supplements
Others
Form
Dry
Liquid
Application
Herbs & spices
Fruits & vegetables
Flowers
7.3 North America Market Outlook by Country, 2021- 2032
7.3.1 United States Plant Extracts Market Size Forecast, 2021- 2032
7.3.2 Canada Plant Extracts Market Size Forecast, 2021- 2032
7.3.3 Mexico Plant Extracts Market Size Forecast, 2021- 2032
Chapter 8: Europe Plant Extracts Market Analysis and Outlook to 2032
8.1 Europe Market Outlook by Segments, 2021- 2032
8.2 Product
Oleoresins
Essential Oils
Flavonoids
Alkaloids
Carotenoids
Others
Source
Food & beverages
Cosmetics
Pharmaceuticals
Dietary Supplements
Others
Form
Dry
Liquid
Application
Herbs & spices
Fruits & vegetables
Flowers
8.3 Europe Market Outlook by Country, 2021- 2032
8.3.1 Germany Plant Extracts Market Size Forecast, 2021- 2032
8.3.2 France Plant Extracts Market Size Forecast, 2021- 2032
8.3.3 United Kingdom Plant Extracts Market Size Forecast, 2021- 2032
8.3.4 Spain Plant Extracts Market Size Forecast, 2021- 2032
8.3.5 Italy Plant Extracts Market Size Forecast, 2021- 2032
8.3.6 Russia Plant Extracts Market Size Forecast, 2021- 2032
8.3.7 Rest of Europe Plant Extracts Market Size Forecast, 2021- 2032
Chapter 9: Asia Pacific Plant Extracts Market Analysis and Outlook to 2032
9.1 Asia Pacific Market Outlook by Segments, 2021- 2032
9.2 Product
Oleoresins
Essential Oils
Flavonoids
Alkaloids
Carotenoids
Others
Source
Food & beverages
Cosmetics
Pharmaceuticals
Dietary Supplements
Others
Form
Dry
Liquid
Application
Herbs & spices
Fruits & vegetables
Flowers
9.3 Asia Pacific Market Outlook by Country, 2021- 2032
9.3.1 China Plant Extracts Market Size Forecast, 2021- 2032
9.3.2 India Plant Extracts Market Size Forecast, 2021- 2032
9.3.3 Japan Plant Extracts Market Size Forecast, 2021- 2032
9.3.4 South Korea Plant Extracts Market Size Forecast, 2021- 2032
9.3.5 Australia Plant Extracts Market Size Forecast, 2021- 2032
9.3.6 South East Asia Plant Extracts Market Size Forecast, 2021- 2032
9.3.7 Rest of Asia Pacific Plant Extracts Market Size Forecast, 2021- 2032
Chapter 10: South America Plant Extracts Market Analysis and Outlook to 2032
10.1 South America Market Outlook by Segments, 2021- 2032
10.2 Product
Oleoresins
Essential Oils
Flavonoids
Alkaloids
Carotenoids
Others
Source
Food & beverages
Cosmetics
Pharmaceuticals
Dietary Supplements
Others
Form
Dry
Liquid
Application
Herbs & spices
Fruits & vegetables
Flowers
10.3 South America Market Outlook by Country, 2021- 2032
10.3.1 Brazil Plant Extracts Market Size Forecast, 2021- 2032
10.3.2 Argentina Plant Extracts Market Size Forecast, 2021- 2032
10.3.3 Rest of South America Plant Extracts Market Size Forecast, 2021- 2032
Chapter 11: Middle East and Africa Plant Extracts Market Analysis and Outlook to 2032
11.1 Middle East and Africa Market Outlook by Segments, 2021- 2032
11.2 Product
Oleoresins
Essential Oils
Flavonoids
Alkaloids
Carotenoids
Others
Source
Food & beverages
Cosmetics
Pharmaceuticals
Dietary Supplements
Others
Form
Dry
Liquid
Application
Herbs & spices
Fruits & vegetables
Flowers
11.3 Middle East and Africa Market Outlook by Country, 2021- 2032
11.3.1 Saudi Arabia Plant Extracts Market Size Forecast, 2021- 2032
11.3.2 The UAE Plant Extracts Market Size Forecast, 2021- 2032
11.3.3 Rest of Middle East Plant Extracts Market Size Forecast, 2021- 2032
11.3.4 South Africa Plant Extracts Market Size Forecast, 2021- 2032
11.3.4 Rest of Africa Plant Extracts Market Size Forecast, 2021- 2032
Chapter 12: Competitive Landscape
12.1 Competitive Analysis- Product Profile, SWOT, Financial Profiles
12.2 Key Companies Profiled in the Study
12.3 Archer Daniels Midland Company (ADM)
Carbery Group
Givaudan SA
International Flavors & Fragrances Inc
Kalsec Inc
Kangcare bioindustry co. Ltd
Kerry Group Plc
Symrise AG
Synthite Industries Ltd
Chapter 13: Sources and Research Methodology
13.1 Primary and Secondary Sources
13.2 Research Methodology
13.3 Data Triangulation and Validation
13.4 Assumptions and Limitations
13.5 Forecast Methodology
Appendix
A: Highlights of the Q4-2024 Version
B: Conclusion and Future Recommendations
C: Customization Options
D: Contact Information
List of Figures
Figure 1: Country Analysis: Largest Market Share (%)- 2024 vs. 2032
Figure 2: GDP (Current Prices) Outlook by Country, 2010- 2032
Figure 3: Population Outlook by Country, 2010- 2032
Figure 4: Inflation Outlook by Country (%), 2024- 2032
Figure 5: Global Plant Extracts Market Outlook by Type, 2021- 2032
Figure 6: Global Plant Extracts Market Outlook by Application, 2021- 2032
Figure 7: Global Plant Extracts Market Outlook by Region, 2021- 2032
Figure 8: North America Plant Extracts Market Snapshot, Q4-2024
Figure 9: North America Plant Extracts Market Size Forecast by Type, 2021- 2032
Figure 10: North America Plant Extracts Market Size Forecast by Application, 2021- 2032
Figure 11: North America Plant Extracts Market Share by Country, 2023
Figure 12: Europe Plant Extracts Market Snapshot, Q4-2024
Figure 13: Europe Plant Extracts Market Size Forecast by Type, 2021- 2032
Figure 14: Europe Plant Extracts Market Size Forecast by Application, 2021- 2032
Figure 15: Europe Plant Extracts Market Share by Country, 2023
Figure 16: Asia Pacific Plant Extracts Market Snapshot, Q4-2024
Figure 17: Asia Pacific Plant Extracts Market Size Forecast by Type, 2021- 2032
Figure 18: Asia Pacific Plant Extracts Market Size Forecast by Application, 2021- 2032
Figure 19: Asia Pacific Plant Extracts Market Share by Country, 2023
Figure 20: South America Plant Extracts Market Snapshot, Q4-2024
Figure 21: South America Plant Extracts Market Size Forecast by Type, 2021- 2032
Figure 22: South America Plant Extracts Market Size Forecast by Application, 2021- 2032
Figure 23: South America Plant Extracts Market Share by Country, 2023
Figure 24: Middle East and Africa Plant Extracts Market Snapshot, Q4-2024
Figure 25: Middle East and Africa Plant Extracts Market Size Forecast by Type, 2021- 2032
Figure 26: Middle East and Africa Plant Extracts Market Size Forecast by Application, 2021- 2032
Figure 27: Middle East and Africa Plant Extracts Market Share by Country, 2023
Figure 28: United States Plant Extracts Market Size Outlook, $ Million, 2021- 2032
Figure 29: Canada Plant Extracts Market Size Outlook, $ Million, 2021- 2032
Figure 30: Mexico Plant Extracts Market Size Outlook, $ Million, 2021- 2032
Figure 31: Germany Plant Extracts Market Size Outlook, $ Million, 2021- 2032
Figure 32: France Plant Extracts Market Size Outlook, $ Million, 2021- 2032
Figure 33: United Kingdom Plant Extracts Market Size Outlook, $ Million, 2021- 2032
Figure 34: Spain Plant Extracts Market Size Outlook, $ Million, 2021- 2032
Figure 35: Italy Plant Extracts Market Size Outlook, $ Million, 2021- 2032
Figure 36: Russia Plant Extracts Market Size Outlook, $ Million, 2021- 2032
Figure 37: Rest of Europe Plant Extracts Market Size Outlook, $ Million, 2021- 2032
Figure 38: China Plant Extracts Market Size Outlook, $ Million, 2021- 2032
Figure 39: India Plant Extracts Market Size Outlook, $ Million, 2021- 2032
Figure 40: Japan Plant Extracts Market Size Outlook, $ Million, 2021- 2032
Figure 41: South Korea Plant Extracts Market Size Outlook, $ Million, 2021- 2032
Figure 42: Australia Plant Extracts Market Size Outlook, $ Million, 2021- 2032
Figure 43: South East Asia Plant Extracts Market Size Outlook, $ Million, 2021- 2032
Figure 44: Rest of APAC Plant Extracts Market Size Outlook, $ Million, 2021- 2032
Figure 45: Brazil Plant Extracts Market Size Outlook, $ Million, 2021- 2032
Figure 46: Argentina Plant Extracts Market Size Outlook, $ Million, 2021- 2032
Figure 47: Rest of LATAM Plant Extracts Market Size Outlook, $ Million, 2021- 2032
Figure 48: Saudi Arabia Plant Extracts Market Size Outlook, $ Million, 2021- 2032
Figure 49: UAE Plant Extracts Market Size Outlook, $ Million, 2021- 2032
Figure 50: South Africa Plant Extracts Market Size Outlook, $ Million, 2021- 2032
Figure 51: Research Methodology
Figure 52: Forecast Methodology
List of Tables
Table 1: Market Scope and Segmentation
Table 2: Global Plant Extracts Market Size Outlook, $Million, 2021 to 2032
Table 3: Low Case Scenario Forecasts
Table 4: Reference Case Scenario Forecasts
Table 5: High Growth Scenario Forecasts
Table 6: Global Plant Extracts Market Size Outlook by Segments, 2021- 2032
Table 7: Global Plant Extracts Market Size Outlook by Region, 2021- 2032
Table 8: Country Mapping, 2023 vs. 2032
Table 9: North America- Plant Extracts Market Outlook by Type, 2021- 2032
Table 10: North America- Plant Extracts Market Outlook by Country, 2021- 2032
Table 11: Europe - Plant Extracts Market Outlook by Type, 2021- 2032
Table 12: Europe - Plant Extracts Market Outlook by Country, 2021- 2032
Table 13: Asia Pacific - Plant Extracts Market Outlook by Type, 2021- 2032
Table 14: Asia Pacific - Plant Extracts Market Outlook by Country, 2021- 2032
Table 15: South America- Plant Extracts Market Outlook by Type, 2021- 2032
Table 16: South America- Plant Extracts Market Outlook by Country, 2021- 2032
Table 17: Middle East and Africa - Plant Extracts Market Outlook by Type, 2021- 2032
Table 18: Middle East and Africa - Plant Extracts Market Outlook by Country, 2021- 2032
Table 19: Business Snapshots of Leading Plant Extracts Companies
Table 20: Product Profiles of Leading Plant Extracts Companies
Table 21: SWOT Profiles of Leading Plant Extracts Companies

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