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The global plant extracts market size is accounted at USD 39.04 billion in 2025 and is forecasted to hit around USD 100.19 billion by 2034, representing a CAGR of 11.04% from 2025 to 2034. The North America market size was estimated at USD 35.16 billion in 2024 and is expanding at a CAGR of 11.18% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.
The global plant extracts market size accounted for USD 35.16 billion in 2024 and is expected to exceed around USD 100.19 billion by 2034, growing at a CAGR of 11.04% from 2025 to 2034. The plant extracts market is being driven by factors such as changing lifestyles, consumer awareness, increased use of natural ingredient-based products, and biotechnological breakthroughs. Furthermore, macroeconomic variables such as rising consumer disposable incomes, R&D, imports and exports, agriculture industry growth, ageing populations, and population increase have all influenced plant extract demand positively in recent years. Plant extracts are becoming increasingly popular in a number of industries, including food & beverage, cosmetics, perfumes, medicines, and nutraceuticals.
The integration of artificial intelligence into the plant science offering the wide range applications including crop yielding predictions, early disease diagnosis, accurate plant species identification, and precision agriculture optimizations. AI could helps in biodiversity conservation and ecological research with the image recognition, and machine learning technology. AI helps in identifying the herbal properties of plants and makes informed decisions regarding the type of medicine, food additive, or supplements that can be derived from the plants.
The U.S. plant extracts market size was evaluated at USD 9.84 billion in 2024 and is projected to be worth around USD 28.61 billion by 2034, growing at a CAGR of 11.26% from 2025 to 2034.
North America held a significant share in plant extracts market in 2024. As sustainability becomes more important, consumers in North America are increasingly interested in ethically sourced plant extracts. The growing awareness of environmental impact and sustainable agriculture practices is pushing brands to use plant extracts that are responsibly sourced. North American countries, particularly the United States and Canada, have a well-established regulatory framework that ensures the safety and efficacy of plant-based products. This fosters consumer trust and encourages the use of plant extracts in various applications.
Asia Pacific is observed to be the fastest growing region in the upcoming years. The demand for plant-based ingredients in cosmetics and personal care products is rapidly growing in Asian countries. Plant extracts such as aloe vera, green tea, chamomile, and lavender are widely used for their moisturizing, anti-aging, and soothing properties in skin and hair care products. The availability of a wide variety of plants with medicinal properties in the region contributes to a sustainable supply of plant extracts. This aligns with both consumer demand for locally sourced and traditional ingredients and the increasing trend toward sustainable sourcing practices in global markets.
The plant extracts are the mixture of aromatic secondary metabolites includes the phenolic acids, phenols, terpenoid, terpene, flavonoids, and sometimes fatty acids. It can be derived from different types of plants and parts of plants such as fruits, flowers, roots, leaf, and other parts. It is eco-friendly type of products which contains no toxic materials and economically efficient. The increasing demand for herbal food and supplements driving the growth of the market.
| Report Coverage | Details |
| Market Size in 2025 | USD 39.04 Billion |
| Market Size in 2034 | USD 100.19 Billion |
| Growth Rate from 2025 to 2034 | CAGR of 11.04% |
| Base Year | 2024 |
| Largest Market | North America |
| Fastest Growing Market | Asia Pacific |
| Forecast Period | 2025 to 2034 |
| Segments Covered | Product, Application, Source, Form, Method, Region |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Increasing adoption from the healthcare sector
The increasing adoption of the plant extracts from the wide range of healthcare applications and offers the several health benefits in the human body such as it used as the anti-inflammatory, antioxidants, hypoglycemic, anticancer, and antiobesity which boosts the demand for the plants extracts market. plant extract is one of the important part of the food industry and serve as the important additive due to their antimicrobial and antibacterial properties.
Unawareness and high cost
The lack of awareness regarding the medicinal properties related to the plant extract an the high cost of the herbal medicine with slower treatment process is restraining the growth of the market.
Advancements in natural medicines
The increasing demand for natural or herbal medication by the population due to its no side effects and efficiency in the treatment of disease. Plant extracts are one of the important part of the herbal and natural medicine. There are different plants and part of the plants are having the different medicinal properties. The rising investment on the development of the Ayurvedic medicine infrastructure and the ongoing research and development process on the further uses of the plant extracts are driving the growth opportunity for the market.
The phytomedicines & herbal extracts segment dominated the market in 2024. Phytomedicines & Herbal Extracts are also known as herbal medicine, herbal products, or botanical products which is used to treat the different types of health conditions with the herbal or natural medication. These type of medication is used made by the plant extract. The rising inclination towards the herbal medications and natural resource of medication driving the demand for the phytomedicines & herbal extracts segment.
The essential oils segment accounted for significant growth in the market during the predicted period. The essential oils are the fragrant oil that made from the different type of the plant extract with having the several health benefits includes stress reduction, aids sleeps, fungal infection, and helps from the prevention of number of disease.
The leaves segment led the market in 2024. The plant leaves extraction is the source of type of process in which the extraction of oils or supplement is extracted and separated by the leaves. Leaves plant extract is having natural coloring and sweetening agents and can be used as the capping agents, reducing agents, and in the green synthesis of metal NPs using plants.
The Fruits Flowers & Bulbs segment expects notable growth in the market during the forecast period. The fruits, flowers & bulbs have several health benefits. There are number of medicinal properties found in different parts of the plant in which the fruit provides the different medicinal properties, flowers like clove and chamomile flowers are filled with number of medicinal properties while the garlic bulb and onion species are had their own nutritional value.
The food and beverages segment dominated the market in 2024. The growth of the food and beverages industry owing to the rising population and their inclination toward natural food and medicinal supplements are driving the integration of plant extracts into the food and beverage industry. Additionally, the rising investment by the number of players into the herbal supplements further boosts the growth of the segment.
The Pharmaceuticals & Dietary Supplements segment expects significant growth in the market during the forecast period. The inclination towards the herbal and sustainability in the treatment and medication of disease for the long-term cure is driving the adoption of the plant extract in the pharmaceuticals & dietary supplements.
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