| Product Code: ETC315624 | Publication Date: Aug 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s botanical ingredients import market in 2024 saw significant growth, with key exporting countries being Vietnam, Indonesia, Afghanistan, Australia, and even India itself. Despite this, the market remained relatively unconcentrated, as indicated by the low Herfindahl-Hirschman Index (HHI). With a strong compound annual growth rate (CAGR) of 15.54% from 2020 to 2024 and a notable growth rate of 22.62% from 2023 to 2024, the future looks promising for the botanical ingredients import sector in India. This robust growth underscores the increasing demand for botanical ingredients in the country.

The India botanical ingredients market is witnessing significant growth as the food, beverage, and nutraceutical industries utilize these natural extracts for various applications. This market`s outlook is driven by factors such as the increasing demand for botanical ingredients in functional foods, dietary supplements, and herbal formulations, the growth of the health and wellness sector, and the adoption of botanical ingredients for their health-promoting and therapeutic properties. Additionally, the development of organic and sustainable sourcing for botanical extracts and the rising focus on natural and plant-based solutions are further contributing to market growth.
The India botanical ingredients market is witnessing significant growth as the natural and herbal products industry utilizes these ingredients in various applications. This market`s outlook is driven by factors such as the increasing demand for botanical ingredients in dietary supplements, herbal medicines, and natural cosmetics, the growth of the wellness and alternative medicine sectors, and the adoption of botanical ingredients for their health-promoting and therapeutic properties. Additionally, the development of organic and sustainably sourced botanical ingredients and the rising focus on plant-based and clean label products are further contributing to market growth. The growing interest in traditional and herbal remedies in India is also driving the demand for botanical ingredients in the country.
The India botanical ingredients market is witnessing steady growth as the food, cosmetics, and healthcare industries utilize these natural extracts for various applications. This market`s outlook is driven by factors such as the increasing demand for botanical ingredients in functional foods, herbal supplements, and natural cosmetics, the growth of the natural and organic product sectors, and the adoption of botanical extracts for their nutritional and therapeutic properties. However, challenges such as sourcing and traceability of botanical ingredients and regulatory compliance may impact the market`s growth.
The India botanical ingredients market is witnessing significant growth as the food, beverage, and nutraceutical industries utilize these natural ingredients for various applications. This market`s outlook is driven by factors such as the increasing demand for botanical ingredients in functional foods, dietary supplements, and herbal products, the growth of the health and wellness sector, and the adoption of botanicals for their nutritional and therapeutic properties. Additionally, the development of organic and sustainable sourcing methods for botanical ingredients and the rising focus on clean label and natural products are further contributing to market growth. The COVID-19 pandemic had some impact on the market, with changes in consumer behavior and disruptions in supply chain challenges. However, it is expected to recover with the rebound in the health and wellness industry and the growing demand for natural and plant-based solutions.
The India botanical ingredients market is witnessing steady growth as the food, beverage, and healthcare industries utilize these natural extracts for various applications. This market`s outlook is driven by factors such as the increasing demand for botanical ingredients in functional foods, herbal supplements, and natural flavors, the growth of the health and wellness sectors, and the adoption of botanical extracts for their health-promoting and aromatic properties. Additionally, the development of sustainable and ethically sourced botanical ingredients and the rising focus on clean and natural labeling are further contributing to market growth. Some of the key players in the India botanical ingredients market include BotaniCare Extracts, NaturalHerbs Ltd., and FlavorBotanicals.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Botanical Ingredients Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Botanical Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 India Botanical Ingredients Market - Industry Life Cycle |
3.4 India Botanical Ingredients Market - Porter's Five Forces |
3.5 India Botanical Ingredients Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 India Botanical Ingredients Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 India Botanical Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Botanical Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of botanical ingredients |
4.2.2 Growing demand for natural and organic products in the beauty and personal care industry |
4.2.3 Rising preference for traditional and Ayurvedic remedies in India |
4.3 Market Restraints |
4.3.1 Seasonal variations in the availability of botanical ingredients |
4.3.2 Lack of standardized regulations for sourcing and quality control |
4.3.3 Price fluctuations due to factors like climate change and geopolitical issues |
5 India Botanical Ingredients Market Trends |
6 India Botanical Ingredients Market, By Types |
6.1 India Botanical Ingredients Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 India Botanical Ingredients Market Revenues & Volume, By Form, 2021-2031F |
6.1.3 India Botanical Ingredients Market Revenues & Volume, By Powder, 2021-2031F |
6.1.4 India Botanical Ingredients Market Revenues & Volume, By Liquid, 2021-2031F |
6.2 India Botanical Ingredients Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 India Botanical Ingredients Market Revenues & Volume, By Herbs, 2021-2031F |
6.2.3 India Botanical Ingredients Market Revenues & Volume, By Leaves, 2021-2031F |
6.2.4 India Botanical Ingredients Market Revenues & Volume, By Spices, 2021-2031F |
6.2.5 India Botanical Ingredients Market Revenues & Volume, By Flowers, 2021-2031F |
6.2.6 India Botanical Ingredients Market Revenues & Volume, By Others, 2021-2031F |
6.3 India Botanical Ingredients Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Botanical Ingredients Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.3 India Botanical Ingredients Market Revenues & Volume, By Dietary Supplements, 2021-2031F |
6.3.4 India Botanical Ingredients Market Revenues & Volume, By Personal Care & Cosmetics, 2021-2031F |
6.3.5 India Botanical Ingredients Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.6 India Botanical Ingredients Market Revenues & Volume, By Others, 2021-2031F |
7 India Botanical Ingredients Market Import-Export Trade Statistics |
7.1 India Botanical Ingredients Market Export to Major Countries |
7.2 India Botanical Ingredients Market Imports from Major Countries |
8 India Botanical Ingredients Market Key Performance Indicators |
8.1 Percentage increase in adoption of botanical ingredients in mainstream consumer products |
8.2 Number of partnerships between botanical ingredient suppliers and beauty/personal care brands |
8.3 Growth in the number of Ayurvedic and traditional medicine practitioners incorporating botanical ingredients in their treatments. |
9 India Botanical Ingredients Market - Opportunity Assessment |
9.1 India Botanical Ingredients Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 India Botanical Ingredients Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 India Botanical Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Botanical Ingredients Market - Competitive Landscape |
10.1 India Botanical Ingredients Market Revenue Share, By Companies, 2024 |
10.2 India Botanical Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |