Bergamot Extract Market
Bergamot Extract Market
The market for Bergamot Extract was estimated at $136 million in 2023; it is anticipated to increase to $214 million by 2030, with projections indicating growth to around $296 million by 2035.
Report Summary
Table of Contents
Methodology
Market Data
Global Bergamot Extract Market Outlook
Revenue, 2023 (US$M)
$136M
Forecast, 2033 (US$M)
$260M
CAGR, 2023 - 2033
6.7%
The Bergamot Extract industry revenue is expected to be around $154.8 million in 2024 and expected to showcase growth with 6.7% CAGR between 2025 and 2034. <p>Bergamot extract, derived from the bergamot orange, is valued for its potential health benefits and unique fragrance, making it popular in dietary supplements, pharmaceuticals, cosmetics, and the food and beverage industries. In 2023, the bergamot extract market was valued at approximately USD 136 million, with projections to reach USD 214 million by 2030 and potentially USD 296 million by 2035, growing at a CAGR of 6.7%. This growth is driven by increasing consumer demand for natural ingredients in health and wellness products and rising interest in functional foods.</p><p>Bergamot extract is known for its anti-inflammatory, antioxidant, and antimicrobial properties, which support its widespread applications. As natural and organic products gain popularity in personal care and dietary supplements, bergamot extract is positioned for continued growth, benefiting from its multipurpose use in health-related and cosmetic products</p>
Market Key Insights
- The Bergamot Extract market is projected to grow from $136.0 million in 2023 to $260 million in 2033. This represents a CAGR of 6.7%, reflecting rising demand across Dietary Supplements, Pharmaceuticals and Cosmetics.
- Horphag Research, NutraGreen Biotechnology, Indena are among the leading players in this market, shaping its competitive landscape.
- U.S. and Italy are the top markets within the Bergamot Extract market and are expected to observe the growth CAGR of 4.4% to 6.4% between 2023 and 2030.
- Emerging markets including India, Brazil and South Korea are expected to observe highest growth with CAGR ranging between 7.7% to 9.2%.
- Transition like Shift Toward Natural Ingredients in Cosmetics is expected to add $18.2 million to the Bergamot Extract market growth by 2030
- The Bergamot Extract market is set to add $124 million between 2023 and 2033, with manufacturer targeting Personal Care & Food & Beverage End User projected to gain a larger market share.
- With Rising health awareness and demand for natural ingredients, and Expansion of functional foods and dietary supplements, Bergamot Extract market to expand 91% between 2023 and 2033.
Opportunities in the Bergamot Extract
Advances in extraction and processing technologies enhance the purity and potency of bergamot extract, attracting more applications
Growth Opportunities in North America and Europe
North America Outlook
<p>The North American market is driven by demand in supplements and personal care, supported by health-conscious consumers. Key players like Givaudan and Univar Solutions are prominent in this region</p>
Europe Outlook
<p>Europe, especially Italy and France, shows strong demand for bergamot extract in dietary supplements and cosmetics, with companies like Capua 1880 and Nexira leading the market</p>
Market Dynamics and Supply Chain
01
Driver: Rising Health Awareness and Demand for Natural Ingredients, and Increasing Popularity in the Personal Care Industry
Increasing consumer preference for natural and plant-based products supports the demand for bergamot extract, especially in supplements and cosmetics Bergamot extract’s skin benefits and pleasant aroma drive its application in personal care products, supporting market growth in the cosmetics sector<br>The growing trend of functional foods boosts bergamot extract usage for its potential health benefits, especially in heart health supplements
02
Restraint: High Production Costs and Limited Bergamot Supply, and Potential for Skin Sensitivity
The cost of bergamot and production limits supply and makes bergamot extract relatively expensive, impacting market growth<br>Bergamot extract can cause skin sensitivity in some users, requiring careful formulation in cosmetics
03
Opportunity: Increased Use in Functional Beverages and Growth in Emerging Health and Wellness Markets
Bergamot extract’s flavor profile and health benefits make it an appealing addition to functional beverages, supporting its use in the growing market for healthy drinks<br>The expansion of health and wellness markets in emerging economies presents new opportunities for bergamot extract in supplements and personal care
04
Challenge: Regulatory Challenges
Varying regulations across regions can impact the bergamot extract market, especially in pharmaceutical and food applications
Supply Chain Landscape
1
Raw Material Supplier
Capua 1880
Berje
2
Manufacturer
Horphag Research
Nexira
3
Distributor
Univar Solutions
Brenntag
4
End-User
Procter & Gamble
L’Oreal
Twinings
1
Raw Material Supplier
Capua 1880
Berje
2
Manufacturer
Horphag Research
Nexira
3
Distributor
Univar Solutions
Brenntag
4
End-User
Procter & Gamble
L’Oreal
Twinings
*The illustration highlights the key stakeholders within the supply chain ecosystem.
Applications of Bergamot Extract in Dietary Supplements, Pharmaceuticals and Cosmetics
Dietary Supplements
<p>Bergamot extract is widely used in supplements due to its cholesterol-lowering and heart health benefits. Leading suppliers include Horphag Research and NutraGreen Biotechnology</p>
Pharmaceuticals
<p>In pharmaceuticals, bergamot extract offers therapeutic properties, used in formulations for cardiovascular and metabolic health. Key providers like Indena and Nexira specialize in these applications</p>
Cosmetics
<p>Bergamot extract's refreshing aroma and skin-friendly properties make it a popular ingredient in skincare and haircare products. Companies like Givaudan and Symrise incorporate it into fragrances and personal care products</p>
Food and Beverages
<p>In the food and beverage industry, bergamot extract is used as a flavoring agent, adding a citrusy note to teas, beverages, and confectioneries. Major providers include Döhler and Kerry Group</p>
Recent Developments
October 2024
<p><strong>Horphag Research</strong> launched a new line of bergamot extract supplements targeting heart health and metabolic support</p>
July 2024
<p><strong>Givaudan</strong> introduced a sustainable bergamot extract for the cosmetics industry, focusing on eco-friendly sourcing and extraction</p>
April 2024
<p><strong>Nexira</strong> expanded its production capacity for bergamot extract to meet rising demand in the health and wellness sector</p>
Recent advancements in bergamot extract focus on sustainable sourcing and health applications. Horphag Research’s supplement line supports heart health, Givaudan enhances sustainability in cosmetics, and Nexira expands production for wellness markets
Impact of Industry Transitions on the Bergamot Extract Market
As a core segment of the Nutraceuticals industry,
the Bergamot Extract market develops in line with broader industry shifts.
Over recent years, transitions such as Shift Toward Natural Ingredients in Cosmetics and Advancements in Extraction and Formulation have redefined priorities
across the Nutraceuticals sector,
influencing how the Bergamot Extract market evolves in terms of demand, applications and competitive dynamics.
These transitions highlight the structural changes shaping long-term growth opportunities.
01
Shift Toward Natural Ingredients in Cosmetics
The cosmetics industry increasingly favors natural ingredients, with bergamot extract gaining popularity for its refreshing scent and skin-friendly properties
02
Advancements in Extraction and Formulation
New extraction methods preserve the bioactive compounds in bergamot extract, enhancing its effectiveness in health and wellness products