"Market Intelligence that Adds Flavour to Your Success"

Herbal Extract Market Size, Share, and Analysis By Source (Mint, Lavender, Basil, and Others), By Form (Liquid and Powder), By Application (Food & Beverages, Pharmaceuticals, Personal Care, and Others), and Geography Forecast till 2023-2030

Region : Global | Report ID: FBI106202 | Status : Ongoing



Herbal extracts are derived from natural sources compared to their counter-products derived from chemicals and other synthetic agents. The use of chemical products is associated with several diseases that negatively affect the human body. Hence, the demand for natural ingredients such as herbal extracts has increased significantly in recent years. 

Countries such as China, India, Japan, among others, have large cultivation areas under herbal plants. These regions have developed traditional approaches to extract natural ingredients from the plants and produce different kinds of products. Additionally, the cost associated with the extraction of active ingredients is comparatively lower than synthetic compounds. Thus, the cost-effectiveness related to the use of natural ingredients helps companies to develop new products containing active ingredients obtained from herbal sources.

Purchasing and consumption patterns of consumers are also changing rapidly, with more emphasis on products that are composed of natural ingredients. As consumers are increasingly becoming health conscious,  the demand for natural ingredients is increasing rapidly. In developed economies, there is a growing trend of purchasing clean label products as they increase the transparency and traceability of the products.  

Despite the increasing demand for such products, there is a lack of standardization in the production process, affecting the quality of the materials manufactured by the process. The raw material prices may fluctuate due to the low productivity and growth of the herbs, thus causing volatility in the price of products manufactured using plant extracts. Additionally, the availability of other synthetic substitutes also restrains the herbal extracts market growth. 

Impact of COVID-19 on the Herbal Extracts Market

During the COVID-19 pandemic, the demand for food products that help boost immunity increased. Herbal products are natural and readily available in countries such as India and China; and have been traditionally used for treating various diseases and personal care products. Hence, scientific studies and trials are conducted on the human body using several products based on herbal extracts to identify the positive impact of these products on the patients.

Key Insights

The report will cover the following key insights:

  • Overview of parent/ related Market

  • Supply Chain Analysis

  • Industry SWOT Analysis

  • Impact of COVID-19 on Herbal Extracts Market


Different types of herbal plants such as aloe Vera, turmeric, and others are some of the ingredients used as herbal extracts. They are available in various forms, such as powder and liquid forms. The liquid form is widely used to produce different pharmaceuticals, personal care, and nutraceutical products.

Regional Analysis

To gain extensive insights into the market, Request for Customization

The Asia-Pacific is one of the largest markets that uses herbal extracts in manufacturing products such as pharmaceuticals, personal care products, and others. Countries such as India, China, and Japan produce different varieties of herbal products.  Consumers also have an age-old tradition of preferring to use products composed of herbal extracts. Hence, companies are also involved in developing new varieties of products consisting of herbal extracts to meet the growing demand in the market.  

Key Players Covered

The report will include key players such as S.A. Herbal Bioactives LLP, Herbochem, Changsha Luyuan Bio-Technology Co., Ltd., Döhler, Synthite Industries Ltd., Kalsec Inc., Naturex SA, Organic Herb Inc., and VIDYA HERBS.


By Source

 By Form

By Application

By Geography

  • Mint

  • Lavender

  • Basil

  • Others

  • Solid

  • Liquid

  • Pharmaceuticals

  • Personal Care & Cosmetics

  • Food & Beverages

  • Others

  • North America (U.S., Canada, and Mexico)

  • Europe (Germany, France, Italy, Spain, U.K., and Rest of Europe)

  • Asia Pacific (China, India, Japan, Australia, and Rest of APAC)

  • Middle East & Africa (UAE, South Africa, and Rest of MEA)

  • South America (Brazil, Argentina, and Rest of South America)  

Key Industry Developments

  • In 2021, India-based functional food and botanical ingredient supplier Manipal Group announced the launch of a new manufacturing facility specializing in herbal extracts production. These nutraceutical ingredients are used in the production of dietary supplements.

  • In June 2021, Vasu Healthcare Pvt Ltd., a Herbal company based in India, launched new herbal supplements range in the market. The product range was marketed under “Vasu Safe Herbs,” which helps promote people's overall health and well-being. 

  • In 2017, Sensient Flavors, a U.S.-based manufacturer of flavors, announced the launch of All Natural Flavor Collections, which includes herbal extracts as one of their key ingredients.

  • Ongoing
  • 2022
  • 2019-2021


  • $4850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Food & Beverages Clients

Health Canada

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.