Botanical Ingredients Market expected to reach US$291.538 million by 2030

botanical ingredients market

Botanical Ingredients Market Trends & Forecast

As per Knowledge Sourcing Intelligence (KSI) latest report,the botanical ingredients market is estimated at US$206.538 million in 2025 and is expected to grow at a CAGR of 7.14%, attaining US$291.538 million by 2030.

The botanical ingredients market is driven by increasing demand for botanical ingredients such as oils like coconut oil, jojoba oil, argan oil, and others; extracts like chamomile, green tea, and others; powders such as fruit and vegetable powder, and others such as beeswax and essential oils due to rising demand of consumers for natural and organic products for skincare, dietary supplements, functional foods and in other products. Thus, the growing health and wellness trend and increasing demand for natural and organic products in personal care are the major factors driving the market growth.

The market is witnessing a transformative shift towards tailored botanical solutions for catering to the growing demand for functional foods and dietary supplements due to a surge in demand for health and wellness products. The market is expanding into the emerging regions of Asia-Pacific to tap into the traditional culture of botanical use in daily life, where consumers are increasingly able to embrace high-quality, plant-based, premium botanical products due to the rise in disposable income. Additionally, the market is trending towards increasing use of staple ingredients in food, beverage, and supplement innovations.

The market is also transforming because of increasing product innovation, which is driving the market. There are advanced extraction technologies, such as supercritical fluid extraction and nanoencapsulation, which improve the purity of the ingredients, making them ready for new product formulations. There are increasingly new applications of botanical ingredients in botanical-infused serums, moisturizers, and anti-aging products. It is finding its emerging applications as natural flavors, colors, and preservatives in foods and beverages. Besides, the growing e-commerce boom and advancement in biotechnology are reshaping the market by increasing market accessibility and enabling the production of more efficient and cost-effective ingredients, respectively.

➥ View a sample of the report or purchase the complete study at: Botanical Ingredients Market Report

Botanical Ingredients Market Report Highlights

  • There is growing demand from personal care and cosmetics, dietary supplements, and functional foods.
  • The market is witnessing advancing techniques of ingredient extraction, improving its purity and bioavailability for new product formulations.
  • The market is shifting towards sustainably sourced botanical ingredients.
  • The market is growing into emerging regions such as Asia-Pacific, leveraging on its growing disposable income and deep-rooted botanical ingredients use culture.
  • The growing market of herbal medications is also offering huge opportunities for the market to grow.
  • Countries like India and China will be growing at a significant rate.

Botanical Ingredients Market Segmentation

Knowledge Sourcing Intelligence has segmented the global Botanical Ingredients Market based on Type, Ingredient source, Application, and Region:

Botanical Ingredients Market, By Type

  • Plant Extract
  • Essential Oils
  • Others

Botanical Ingredients Market, By Ingredient Source

  • Herbs
  • Roots
  • Leaves
  • Seeds
  • Nuts
  • Berries
  • Others

Botanical Ingredients Market, By Application

  • Food and Beverage
  • Pharmaceutical
  • Personal Care and Cosmetics
  • Animal Care
  • Others

Botanical Ingredients Market, By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Others
  • Middle East and Africa (MEA)
    • South Arabia
    • UAE
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Taiwan
    • Thailand
    • Indonesia
    • Others

Botanical Ingredients Market Key Players

  • Botanical Ingredients Ltd.
  • Kerry Group plc
  • ADM
  • International Flavors & Fragrances Inc
  • DSM-Firmenich
  • MartinBauer
  • Bell Flavors & Fragrances, Inc.
  • Givaudan
  • Döhler GmbH
  • Euroma
  • Nutrasorb, LLC
  • Ingex Botanicals
  • Botanic Healthcare
  • Phyto Life Sciences Pvt. Ltd.
  • Vinayak Ingredients (INDIA) Pvt. Ltd.

Report Coverage:

Report Metric Details
Growth Rate CAGR of 7.14%
Study Period 2020 to 2030
Historical Data 2020 to 2023
Base Year 2024
Forecast Period 2025 – 2030
Forecast Unit (Value) USD Million
Segmentation Type, Ingredient Source, Application, Geography
Geographical Segmentation North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in the Botanical Ingredients Market Botanical Ingredients Ltd., Kerry Group plc, ADM, International Flavors & Fragrances Inc, DSM-Firmenich
Customization Scope Free report customization with purchase

About Knowledge Sourcing Intelligence (KSI)

Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm headquartered in India. Backed by seasoned industry experts, we offer syndicated reports, customized research, and strategic consulting services. Our proprietary data analytics framework, combined with rigorous primary and secondary research, enables us to deliver high-quality insights that support informed decision-making. Our solutions empower businesses to gain a competitive edge in their markets. With deep expertise across ten key sectors, including ICT, Chemicals, Semiconductors, and Healthcare, we effectively address the diverse needs of our global clientele.