April 2025
The global natural extracts market revenue surpassed USD 14.49 billion in 2025 and is predicted to attain around USD 28.04 billion by 2033, growing at a CAGR of 8.67%. The demand for natural extracts is increasing due to the rise in the trend of vegetarianism across the globe.
Natural extracts are substances extracted from natural sources like fruits, flowers, plants, and herbs. These extracts are derived from different processes that are meant to focus on and capture the essential compounds in the source material. This extract possesses various bioactive compounds. Such as essential oils, antioxidants, phytochemicals, vitamins, and minerals. Natural extracts are extensively utilized in different industries like cosmetics, food and beverages, pharmaceuticals, and nutraceuticals.
Increasing Demand for Eco-Friendly Ingredients
Cosmetic and personal care industries provide a wide range of plant-based products because the need for such products is high, particularly in emerging economies like the U.K. and the U.S. This factor also opens new avenues for the major players in the natural extracts market. Also, increasing concerns about the environmental effects of using traditional chemical ingredients have also helped boost the extensive adoption of sustainable products.
Expanding Application Areas
Plant extracts have many applications in various industries, such as functional food and beverages, pharmaceuticals, nutraceuticals, cosmetics, and even new areas like cannabis. Furthermore, consumers are scrutinizing product ingredients, finding formulations with natural, recognizable components free from artificial additives. Emerging economies are expecting a growth in demand for natural ingredients and natural flavors.
Increasing Demand for Plant-Based Extracts
Consumers are seeking plant-based and natural products; this trend is boosting the demand for plant-based extracts. Market players are also emphasizing producing plant-based extracts specific to this surge in demand. Furthermore, there is a rising trend of utilizing natural extracts in beverage products and functional food like health supplements and energy drinks, which is fueling the growth of the market.
Asia Pacific dominated the natural extracts market in 2024. The dominance of the region can be attributed to the growing demand for natural extracts from pharmaceutical, food and beverage, and cosmetic industries. Moreover, the major countries in the region have a well-established pharmaceutical and food and beverage industry. The region has a surging food and beverage market, which can impact market growth positively.
North America is expected to grow at the fastest rate in the natural extracts market over the forecast period. The region's growth can be attributed to the increasing demand for organic and natural food products. Furthermore, the region also boasts the presence of major market players such as Cargill, Incorporated, Archer Daniels Midland Company DuPont de Nemours, Inc., etc.
Report Attribute | Key Statistics |
Market Revenue in 2025 | USD 14.49 Billion |
Market Revenue by 2033 | USD 28.04 Billion |
CAGR | 8.67% |
Quantitative Units | Revenue in USD million/billion, Volume in units |
Largest Market | North America |
Base Year | 2024 |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
By Material
By Therapeutic Area
By Application
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