Food Grade Botanical Extracts Market
The market for Food Grade Botanical Extracts was estimated at $6.7 billion in 2024; it is anticipated to increase to $12.0 billion by 2030, with projections indicating growth to around $19.4 billion by 2035.
Global Food Grade Botanical Extracts Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Food Grade Botanical Extracts industry revenue is expected to be around $7.4 billion in 2025 and expected to showcase growth with 10.1% CAGR between 2025 and 2034. The continuous rise in the demand for Food Grade Botanical Extract showcases its enduring importance across industries today. Several crucial factors fuel this trend such as the growing emphasis on using natural elements in food manufacturing processes the transition towards organic goods and the consumer inclination towards functional foods infused with health promoting botanical extracts. Recognizing the significance of these aspects, in our health society today greatly contributes to the consistent expansion of the Food Grade Botanical Extract industry sector.
Botanical extracts approved for food use are well known for their contribution to improving the health benefits and enrichening the nutritional content of food items across various industries such as food and beverage production pharmaceutical sectors cosmetics and nutraceutical fields Due to a growing interest in natural ingredients and plant-based additions the request for top notch botanical extracts suitable, for consumption is steadily increasing.
Market Key Insights
- The Food Grade Botanical Extracts market is projected to grow from $6.7 billion in 2024 to $17.6 billion in 2034. This represents a CAGR of 10.1%, reflecting rising demand across Nutraceutical, Food & Beverage and Cosmetics & Personal Care Industry.
- Naturex, Doehler, Kalsec are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Food Grade Botanical Extracts market and are expected to observe the growth CAGR of 7.4% to 10.6% between 2024 and 2030.
- Emerging markets including Brazil, South Africa and Indonesia are expected to observe highest growth with CAGR ranging between 9.7% to 12.6%.
- Transition like Adoption of Clean Label Products is expected to add $510 million to the Food Grade Botanical Extracts market growth by 2030.
- The Food Grade Botanical Extracts market is set to add $10.9 billion between 2024 and 2034, with manufacturer targeting Cosmetic & Personal Care & Nutraceuticals Application projected to gain a larger market share.
- With
increasing health consciousness among consumers, and
the emergence of clean label trend, Food Grade Botanical Extracts market to expand 162% between 2024 and 2034.
Opportunities in the Food Grade Botanical Extracts
Growth Opportunities in North America and Asia Pacific
Market Dynamics and Supply Chain
Driver: Increasing Health Consciousness among Consumers, and Technological advancements in extraction methods
Restraint: Regulatory Compliance
Opportunity: Strategic Alliances for Enhanced Market Penetration and Innovation in Food Technology
Challenge: High Production Cost
Supply Chain Landscape
Raw Material Cultivation
Processing & Extraction
Product Formulation
Distribution & Retailing
Raw Material Cultivation
Processing & Extraction
Product Formulation
Distribution & Retailing
Use Cases of Food Grade Botanical Extracts in Nutraceutical & & Beverage
Recent Developments
The global market scenario for Food Grade Botanical Extracts has witnessed significant shifts recently. This can be attributed to the increasing awareness and demand for natural products, especially in the food and beverage industry. These extracts, derived from plants and herbs, are finding widespread adoption due to their myriad health benefits, enhancing the nutritional profile of food products.