How big is the plant extract market | Suppliers & Company list 2025

How big is the plant extract market?

The market growth is driven by rising demand for natural ingredients in food, beverages, pharmaceuticals, and cosmetics, coupled with increasing consumer preference for herbal and plant-based products. Expanding use of plant extracts in functional foods, nutraceuticals, and personal care products is also contributing to market expansion.

Key Growth Drivers of the Plant Extract Market

• Increased tendency of the natural and herbal ingredients in various industries
• There is an increase in the consumption of functional foods and nutraceuticals.
• Increasing applications in the cosmetic and personal care industry in skin and hair preparations
• Raising health consciousness and changing to clean-label products
• Improved technology in extraction of higher yield and purity

Plant Extract Market Trends

The plant extract market is witnessing trends such as increased applications in dietary supplements and herbal medicines, development of advanced extraction technologies like supercritical CO₂ extraction, and growing popularity of essential oils and botanical extracts in aromatherapy. In addition, the market is enjoying the phenomenon of clean-labels and natural wellness, which is prompting food and cosmetic firms to give up artificial additives in favour of those of vegetal origins. Increasing awareness among the consumers about preventive care is also contributing to the high growth in demand.

Emerging Developments in the Plant Extract Market

The plant extract market is experiencing developments like collaborations between food and pharma companies to create plant-based functional ingredients, the launch of plant extract-infused beverages, and integration of sustainable sourcing practices. Firms are investing in organic-certified and traced plant extracts; research trends are moving towards the production of extracts with greater bioavailability and stability relevant to the nutraceutical and pharmaceutical sectors.

List of Leading Companies in the Plant Extract Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Givaudan SA

Givaudan produces high-quality plant extracts for flavours, fragrances, and nutraceuticals, serving global food, beverage, and cosmetic industries with sustainable sourcing practices.

2. Symrise AG

Symrise specializes in natural plant extracts for flavours, fragrances, and active ingredients in cosmetics and dietary supplements, supporting clean-label and sustainable product trends.

3. Kerry Group plc

Kerry Group develops plant-derived extracts for food, beverage, and nutritional products, focusing on taste, health benefits, and clean-label solutions globally.

4. Indena S.p.A.

Indena produces standardized plant extracts for pharmaceuticals, nutraceuticals, and cosmetics, emphasizing quality, traceability, and sustainable cultivation of raw materials.

5. Martin Bauer Group

Martin Bauer Group manufactures herbal and plant extracts for the food, beverage, pharmaceutical, and nutraceutical markets, with a strong focus on organic and sustainable sourcing.

6. Euromed S.A.

Euromed provides standardized botanical extracts and phytochemicals for dietary supplements, functional foods, and cosmetic applications, ensuring high efficacy and quality control.

7. Naturex (a Givaudan company)

Naturex develops natural plant extracts for food, beverage, and health markets, focusing on antioxidants, flavours, and functional ingredients with sustainable cultivation practices.

8. Starwest Botanicals, Inc.

Starwest Botanicals offers a wide range of plant extracts, herbs, and essential oils for nutraceutical, cosmetic, and culinary applications, emphasizing organic and high-quality sourcing.

9. Roxlor, LLC

Roxlor supplies plant extracts for dietary supplements and functional foods, providing standardized, high-potency formulations for global nutraceutical and health product manufacturers.

10. Finzelberg GmbH & Co. KG

Finzelberg specializes in plant-based extracts and standardized phytochemicals for pharmaceutical, nutraceutical, and cosmetic applications, maintaining strict quality and regulatory compliance.

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