Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
What key factors are powering the surge in the botanical extracts market right now?
The size of the botanical extracts market has seen robust growth in the past few years. The market will increase from $7.07 billion in 2024 to $7.72 billion in 2025, with a compound annual growth rate (CAGR) of 9.2%. The advancement during the historical period is due to factors such as traditional remedies, cultural and traditional usage, exploration and trade avenues, and beneficial government policies.
How fast Is the botanical extracts market expected to grow, and what’s its future value?
The size of the specialty foods industry is projected to experience an aggressive expansion in the coming years, with its value estimated to reach $473.56 billion by 2029, growing at a compound annual growth rate (CAGR) of 12.0%. This predicted surge during the forecast period is due to the change in retail environment, advancements in packaging and presentation tactics, the influence of varying cuisines and ethnicities, transparency and clean labeling, as well as development in culinary tourism. Furthermore, significant trends anticipated within the forecast period encompass e-commerce and directly selling to consumers, focusing on narrative and storytelling within brands, emphasizing localized and seasonal aspects, employing creative ingredients and flavors, and gourmet convenience foods.
Get your botanical extracts market report here!
https://www.thebusinessresearchcompany.com/report/botanical-extracts-global-market-report
What are the leading drivers of growth in the botanical extracts market?
The escalating need for convenience food items is fueling the growth of the botanical extracts market. Convenience food is synonymous with tertiary processed food that is ready-to-eat. Botanical extracts, plant substances with potent medicinal properties, are employed to amplify color and flavor in high-fat and ready-to-eat food products like meat. They are also valued in the food industry for their health benefits. As such, the market for botanical extracts is set to expand due to the rising demand for convenience foods. In 2022, for example, the U.S. Department Of Agriculture’s Economic Research Service, a government agency, reported that 11.3% of total food expenditures by U.S. consumers were spent on food consumed outside the home. This underscores that the increasing demand for convenience food items is the force behind the expansion of the botanical extracts market.
What are the key segments defining the botanical extracts market?
The botanical extracts market covered in this report is segmented –
1) By Technology: CO2 Extraction, Solvent Extraction, Steam Distillation, Enfleurage, Other Technologies
2) By Source: Spices, Herbs, Flowers, Leaves, Other Sources
3) By Form: Liquid, Powder, Semi-Solid
4) By Application: Food And Beverages, Pharmaceutical And Nutraceutical, Cosmetics
Subsegments:
1) By CO2 Extraction: Supercritical CO2 Extraction, Subcritical CO2 Extraction
2) By Solvent Extraction: Ethanol Extraction, Hexane Extraction, Other Solvent-Based Methods
3) By Steam Distillation: Traditional Steam Distillation, Water Distillation
4) By Enfleurage: Cold Enfleurage, Hot Enfleurage
5) By Other Technologies: Microwave-Assisted Extraction, Ultrasound-Assisted Extraction, Cold Press Extraction
Get your free sample now – explore exclusive market insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8744&type=smp
Who are the key players steering the development of the botanical extracts market?
Major companies operating in the botanical extracts market include International Flavors & Fragrances Inc., Himalaya Herbal Healthcare, Blue Sky Botanics Ltd., Naturex, Synthite Industries Ltd., Nexira, Layn Natural Ingredients Corp., Indesso, Dohler GmbH, Hunan Nutramax Inc., Haldin Natural, Nutra Green Biotechnology Co. Ltd., Kalsec Inc., Arjuna Natural Pvt. Ltd., Shaanxi Jiahe Phytochem Co. Ltd., Tianjin Jianfeng Natural Products Co. Ltd., Bio-Botanica Inc., Nature’s Power Nutraceuticals Corp., Synergy Flavors, Martin Bauer Group, Lipoid-Kosmetik, Phytochem India, Plant Extracts International Inc., Kuber Impex Ltd., Ransom Naturals Ltd., MB-Holding GmbH & Co KG, Frutarom Industries Ltd., Biomax Life Sciences Ltd., Organic Herb Inc., Xi’an Sgonek Biological Technology Co. Ltd.
What emerging trends are influencing the growth of the botanical extracts market?
Product innovation has emerged as a significant trend within the botanical extracts market, with major market players seeking to develop extracts boasting enhanced bioavailability. For instance, in September 2022, Layn Natural Ingredients, a company based in China that specialises in the creation of unique natural and functional botanical extracts, introduced bio Quercitrin, representing a highly bioavailable variant of Quercetin that is ideal for nutraceutical applications. Bio+Quercitrin, a potent antioxidant flavonoid, is unique for its ability to eradicate free radicals and reduce oxidative stress. The fact that it contains a ribose molecule renders Bio Quercitrin from Layn six times more permeable and absorbable in the small intestine than conventional Quercetin. Apart from acting as a replacement for regular Quercetin, Layn bio+Quercitrin also functions as a stable, soluble, and bioavailable version that is perfect as a standalone supplement or as a component in formulations for human and pet health.
Unlock exclusive market insights – purchase your research report now for a swift delivery!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8744
Which regions are most influential in expanding the botanical extracts market?
North America was the largest region in the botanical extracts market share in 2024. The regions covered in the botanical extracts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Browse Through More Similar Reports By The Business Research Company:
Dairy Alternatives Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/dairy-alternatives-global-market-report
Natural Food Colors And Flavors Global Market Report 2024
Functional Food Ingredients Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/functional-food-ingredients-global-market-report
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on:
