Verbena Officinalis Market
The market for Verbena Officinalis was estimated at $564 million in 2024; it is anticipated to increase to $875 million by 2030, with projections indicating growth to around $1.26 billion by 2035.
Global Verbena Officinalis Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Verbena Officinalis industry revenue is expected to be around $606.3 million in 2025 and expected to showcase growth with 7.6% CAGR between 2025 and 2034. The market value of Verbena Officinalis continues to rise because of its expanding use in different sectors. The market expansion results from three main factors which include multiple uses of the product and rising consumer knowledge about its advantages and expanding interest in organic and natural solutions. The market expansion of Verbena Officinalis continues to grow because of ongoing research in herbal medicine and wellness which demonstrates its enduring importance.
The perennial plant Verbena Officinalis exists under two names which are common vervain and wild hyssop while providing medicinal and therapeutic benefits to users. The plant displays attractive lavender flowers while showing strong resistance to different environmental conditions. The multiple uses of Verbena Officinalis extend throughout pharmaceutical manufacturing and cosmetic development and food and beverage production. The plant serves multiple purposes in manufacturing essential oils and herbal teas and skincare products because it contains anti inflammatory and antibacterial and calming properties.
Market Key Insights
- The Verbena Officinalis market is projected to grow from $563.5 million in 2024 to $1.17 billion in 2034. This represents a CAGR of 7.6%, reflecting rising demand across Herbal Medicine, Aromatherapy and Cosmetic Industry.
- Mountain Rose Herbs, Starwest Botanicals, Frontier Co-op are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Verbena Officinalis market and are expected to observe the growth CAGR of 4.9% to 7.3% between 2024 and 2030.
- Emerging markets including Brazil, South Korea and UAE are expected to observe highest growth with CAGR ranging between 8.7% to 10.5%.
- Transition like The Shift Towards Natural Remedies is expected to add $36 million to the Verbena Officinalis market growth by 2030.
- The Verbena Officinalis market is set to add $609 million between 2024 and 2034, with manufacturer targeting Cosmetic & Food & Beverage End-Users projected to gain a larger market share.
- With Rising demand for herbal medicine, and Increasing popularity of aromatherapy, Verbena Officinalis market to expand 108% between 2024 and 2034.