Botanical Extracts Market Updates

Global Botanical Extracts Market size was valued at USD 7.18 Billion in 2023 and is poised to grow from USD 6.51 Billion in 2024 to USD 14.26 Billion by 2032, growing at a CAGR of 10.3% during the forecast period (2025-2032).

Botanical extract providers should focus on increasing awareness regarding health benefits of their offerings. Use of innovative extraction technologies and sourcing extracts from sustainable sources are also key opportunities for companies as per this global botanical extracts market forecast. 'Blue Sky Botanics Ltd', 'Dohler', 'Frutarom Industries Ltd.', 'Kalsec Inc.', 'P.T. Haldin Pacific Semesta', 'Prinova Group LLC.', 'PT. INDESSO AROMA.', 'Ransom Naturals Ltd', 'Synergy Flavors Inc', 'Synthite Industries Private Ltd.'

Botanical extracts are recognized for their numerous health benefits, including antioxidant, anti-inflammatory, antimicrobial, and immune-boosting properties. With rising chronic diseases like diabetes, cardiovascular issues, and obesity, consumers actively seek preventive healthcare solutions through natural supplementation. Increasing awareness regarding the health benefits associated with the use of botanical extracts is also projected boost revenue generation in the future.

Shift Toward Organic and Sustainable Sourcing: Consumers are increasingly demanding organic, sustainably sourced botanical extracts. Brands are emphasizing eco-friendly harvesting methods, fair trade practices, and transparent supply chains to appeal to environmentally conscious buyers. As climate change and biodiversity concerns grow, manufacturers are investing in regenerative agriculture and sustainable wildcrafting to ensure long-term resource availability.

Are Botanical Extracts Popular in the European Region?