Botanicals Market Size, Share, Forecast, & Trends Analysis
Meticulous Research®—a
leading global market research company, published a research report
titled ‘Botanicals Market—Global Opportunity Analysis and Industry
Forecast (2025-2032)’. According to this latest publication, the
Botanicals market is expected to reach $24.97
billion by 2032, at a CAGR of 9.0% from 2025 to 2032.
The growth of the
botanicals market is experiencing growth due to the rising demand for
botanicals in the food and beverage sector, increased consumer awareness
regarding the health benefits of botanical extracts, expansion within the
cosmetics and personal care industries, and an increasing preference for
natural and organic products. However, this growth is restrained by factors
such as volatility in raw material prices, the widespread availability of
synthetic alternatives, and issues related to standardization and quality
consistency.
In addition,
regulatory support and a growing demand for vegan beauty products present
significant opportunities for the players operating in this market.
Furthermore, the rising adoption of clean-label products and an increasing
awareness of health and wellness are prominent trends shaping the botanicals
market.
Key Players:
The botanicals market
is characterized by a moderately competitive scenario due to the presence of
many large- and small-sized global, regional, and local players. The key
players operating in the botanicals market are International Flavors &
Fragrances (U.S.), MB-Holding GmbH & Co. K.G. (Germany), Givaudan SA
(Switzerland), Bell Flavors& Fragrances (U.S.), Synergy Flavors (U.S.),
Blue Sky Botanics Ltd. (U.K.), Dohler GmbH (Germany), Synthite Industries Ltd.
(India), Cargill, Incorporated (U.S.), Kalsec Inc. (U.S.), Nexira (U.S.),
Botanical Ingredients Ltd. (Australia), Lipoid Kosmetic AG (Switzerland), and
Nutra Green Biotechnology Co., Ltd. (China).
The botanicals market
is segmented based on product type and distribution channel. This study also
evaluates industry competitors and analyzes the regional and country-level
markets.
Among the product
studied in this report, the
garlic extract segment is anticipated to hold the dominant position, with a
share of 30—35% of the market in 2025. This segment's
significant market share is primarily driven by its diverse medicinal
properties, including support for cardiovascular health, enhancement of the
immune system, and anti-inflammatory effects. Furthermore, its broad
applications across the food and beverage, cosmetics, and pharmaceutical
industries, along with its strong antimicrobial properties, contribute
significantly to market growth.
Among the form
studied in this report, the
powder segment is anticipated to hold the dominant position, with a large share
of the botanicals market in 2025. This segment's significant market share is
attributed to its versatility in applications, allowing for seamless
integration into various formulations. Its cost-effectiveness, resulting from
straightforward production processes, coupled with a comprehensive range of
active components, further enhances its appeal in the market.
Among the nature
studied in this report, the
non-organic segment is anticipated to hold the dominant position, with a large
share of the botanicals market in 2025. This segment's significant market share
is largely due to the widespread availability of non-organic botanical
extracts, as many companies offer these products without organic
certifications. Additionally, a large base of cost-conscious consumers who
prioritize price over organic certification—especially when the perceived
health benefits of non-organic botanicals are viewed as comparable to those of
their organic counterparts—further drives market growth.
Among the
application studied in this report, the cosmetics and personal care segment is anticipated to hold the
dominant position, with a large share of the botanicals market in 2025. This
segment's significant market share is driven by the expansive global cosmetics
and personal care industry and a growing consumer preference for natural and
organic ingredients.
This research report
analyzes major geographies and provides a comprehensive analysis of North
America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain,
Netherlands, Poland, Belgium, and Rest of Europe), Asia-Pacific (China, India,
Japan, Australia, South Korea, Indonesia, and Rest of Asia-Pacific), Latin
America (Brazil, Mexico, Argentina, and Rest of Latin America), and the Middle
East & Africa.
Among the
geographies studied in this report, Europe is anticipated to hold the dominant position, with aa share
of 35.8% of the market in 2025, followed by North America and
Asia-Pacific. North America's botanicals market is estimated to be worth
USD 4.64 billion in 2025. The significant share of this
regional market is driven by several key factors, including increased awareness
of natural and organic products, increased consumer spending on health and
wellness items, stringent regional regulations governing the use of synthetic
ingredients across various industries, and the widespread adoption of natural
ingredients in personal care and cosmetics.
Download Sample
Report: https://www.meticulousresearch.com/download-sample-report/cp_id=6021
Key Questions
Answered in the Report-
- What is the value of revenue generated by
the sale of botanicals?
- At what rate is the global demand for
botanicals projected to grow for the next five to seven years?
- What is the historical market size and
growth rate for the botanicals market?
- What are the major factors impacting the
growth of this market at global and regional levels?
- What are the major opportunities for
existing players and new entrants in the market?
- Which product, form, nature, and
application segments create major traction for the manufacturers in this
market?
- What are the key geographical trends in
this market? Which regions/countries are expected to offer significant
growth opportunities for the manufacturers operating in the botanicals
market?
- Who are the major players in the
botanicals market? What are their specific product offerings in this
market?
- What recent developments have taken place
in the botanicals market? What impact have these strategic developments
created on the market?
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