Product Code: ETC009959 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia Plant Extracts Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting high at -0.01% in 2025, the market steadily declines to -0.01% by 2029.
Saudi Arabia plant extracts market size was valued at $40.3 million in 2025 and is projected to reach a value of $54.8 million by 2031, registering a CAGR of 5.24% over the forecast period (2025-2031). The increased use of plant extracts as dietary supplements, food additives, therapeutic agents, and cosmetics ingredients has been driving the demand for these products in Saudi Arabia. Additionally, growing health consciousness among consumers due to rising awareness about the benefits associated with natural products has further driven the market growth in Saudi Arabia.
The major factors driving the growth of this market are increasing consumer preference for organic and natural products coupled with rising disposable income levels of individuals leading to higher spending power on personal care & cosmetics items; rapid urbanization resulting in changing lifestyle patterns; launching new innovative product offerings targeting different age groups; introduction of new product categories like nutraceuticals amongst others which have led to an overall positive outlook for the industry over recent years . Furthermore, growing popularity for ready-to-eat convenience foods containing added nutrition through diverse sources such as proteins/fats/carbohydrates from plant sources are expected to drive up consumption during coming years.
The main challenges faced by manufacturers operating within this sector include stringent rules governing production processes, high costs involved in R&D activities along with technological advancements and innovations required for manufacturing process optimization & cost reduction efforts which add additional burden onto firms margins. Apart from that availability and access to raw materials also present significant challenge especially when it comes down sourcing them from international suppliers or countries located far away geographically thus adding extra transportation cost & time delays into calculation impacting bottom line profitability figures across companies operating within this niche segment . Moreover environmental regulations related emissions control imposed by local authorities can also prove detrimental if not taken seriously .
However, high production costs and stringent government regulations may hinder the growth of this market over the forecast period. Additionally, COVID-19 pandemic has caused disruption in supply chains leading to reduced sales volume due to economic slowdown across various countries including Saudi Arabia which could affect revenue generation in near future.
The key players operating in this market include Archer Daniels Midland Company, Barentz International Holding BV., Naturex S.A., Kancor Ingredients Ltd., Kalsec Inc., Synthite Industries Ltd., AMsilk GmbH, Blue California Co., BI Nutraceuticals Inc., Ungerer & Company, etc. These companies have been focusing on strategic initiatives such as product launches and collaborations with international vendors to expand their reach into new markets and boost their product portfolio along with increasing customer base in existing markets like Middle East countries including Saudi Arabia.
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 Saudi Arabia Plant Extracts Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Plant Extracts Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Plant Extracts Market - Industry Life Cycle |
3.4 Saudi Arabia Plant Extracts Market - Porter's Five Forces |
3.5 Saudi Arabia Plant Extracts Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Saudi Arabia Plant Extracts Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.7 Saudi Arabia Plant Extracts Market Revenues & Volume Share, By Source Types, 2021 & 2031F |
4 Saudi Arabia Plant Extracts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of plant extracts |
4.2.2 Growing demand for natural and organic products in Saudi Arabia |
4.2.3 Rising investments in research and development for plant extract applications |
4.3 Market Restraints |
4.3.1 Regulatory challenges and stringent government policies related to plant extracts |
4.3.2 Limited availability of raw materials for plant extract production |
4.3.3 Fluctuating prices of plant extracts due to supply chain disruptions |
5 Saudi Arabia Plant Extracts Market Trends |
6 Saudi Arabia Plant Extracts Market, By Types |
6.1 Saudi Arabia Plant Extracts Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Plant Extracts Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Saudi Arabia Plant Extracts Market Revenues & Volume, By Spices, 2021-2031F |
6.1.4 Saudi Arabia Plant Extracts Market Revenues & Volume, By Essential oils, 2021-2031F |
6.1.5 Saudi Arabia Plant Extracts Market Revenues & Volume, By Flavors & fragrances, 2021-2031F |
6.1.6 Saudi Arabia Plant Extracts Market Revenues & Volume, By Phytomedicines & herbal extracts, 2021-2031F |
6.2 Saudi Arabia Plant Extracts Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Plant Extracts Market Revenues & Volume, By Pharmaceuticals & dietary supplements, 2021-2031F |
6.2.3 Saudi Arabia Plant Extracts Market Revenues & Volume, By Food & beverages, 2021-2031F |
6.2.4 Saudi Arabia Plant Extracts Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.2.5 Saudi Arabia Plant Extracts Market Revenues & Volume, By Others , 2021-2031F |
6.3 Saudi Arabia Plant Extracts Market, By Source Types |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Plant Extracts Market Revenues & Volume, By Leaves, 2021-2031F |
6.3.3 Saudi Arabia Plant Extracts Market Revenues & Volume, By Fruits, Flowers, and Bulbs, 2021-2031F |
6.3.4 Saudi Arabia Plant Extracts Market Revenues & Volume, By Rhizomes & roots , 2021-2031F |
6.3.5 Saudi Arabia Plant Extracts Market Revenues & Volume, By Barks & stems, 2021-2031F |
6.3.6 Saudi Arabia Plant Extracts Market Revenues & Volume, By Others , 2021-2031F |
7 Saudi Arabia Plant Extracts Market Import-Export Trade Statistics |
7.1 Saudi Arabia Plant Extracts Market Export to Major Countries |
7.2 Saudi Arabia Plant Extracts Market Imports from Major Countries |
8 Saudi Arabia Plant Extracts Market Key Performance Indicators |
8.1 Number of new product launches containing plant extracts in the Saudi Arabian market |
8.2 Growth in the number of plant extract manufacturers in Saudi Arabia |
8.3 Investment in technology and innovation for plant extract processing in the region |
9 Saudi Arabia Plant Extracts Market - Opportunity Assessment |
9.1 Saudi Arabia Plant Extracts Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Saudi Arabia Plant Extracts Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.3 Saudi Arabia Plant Extracts Market Opportunity Assessment, By Source Types, 2021 & 2031F |
10 Saudi Arabia Plant Extracts Market - Competitive Landscape |
10.1 Saudi Arabia Plant Extracts Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Plant Extracts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |