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    North America Botanical Extracts Market

    ID: MRFR/F-B & N/46032-HCR
    Pages
    Snehal Singh
    September 2025

    North America Botanical Extracts Market Research Report: By Form (Powder, Liquid), By Source (Herbs & Spices, Fruits), By Application (Food, Beverages, Personal Care, Pharmaceuticals & Nutraceuticals), andBy Regional (US, Canada)- Forecast to 2035

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    North America Botanical Extracts Market Research Report - Forecast Till 2035 Infographic
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    Table of Contents

    North America Botanical Extracts Market Summary

    The North America Botanical Extracts market is projected to grow from 2 USD Billion in 2024 to 4.9 USD Billion by 2035.

    Key Market Trends & Highlights

    North America Botanical Extracts Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 8.49% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 4.9 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 2 USD Billion, reflecting a strong foundation for future expansion.
    • Growing adoption of botanical extracts in the food and beverage industry due to increasing consumer preference for natural ingredients is a major market driver.

    Market Size & Forecast

    2024 Market Size 2 (USD Billion)
    2035 Market Size 4.9 (USD Billion)
    CAGR (2025-2035) 8.49%

    Major Players

    Sabinsa Corporation, Ambo’s, Ginkgo BioWorks, Shaanxi Luyuan Pharmaceutical, Naturex, Frutarom Industries, Kalsec, Penta International, Natures Way, Givaudan, Mountain Rose Herbs, BioBotanica, Herb Research, Standardized Extracts, Alchem Life

    North America Botanical Extracts Market Trends

    Consumer desires for natural and organic products are driving notable trends in the North American botanical extracts market. Herbal supplements and functional meals that use botanical extracts are becoming more and more popular as consumers' health concerns grow.

    Growing public knowledge of the negative consequences of synthetic substances is driving this change as customers look for safer and healthier substitutes. In North America, regulatory backing is also essential because organizations encourage the use of plant-based components in food and drink, which spurs market innovation and expansion.

    There are several opportunities in the North American botanical extracts market, particularly given the region's growing demand for herbal products from the personal care, wellness, and cosmetics industries. Businesses are investigating the cultivation and extraction of native plants as a result of the shift towards sustainable and environmentally friendly techniques.

    In addition to being in line with customer values, this also creates opportunities for local sourcing, which can improve community involvement and lessen the effects of transportation. Additionally, businesses have the chance to expand their product lines to accommodate the growing number of vegans and vegetarians as a result of the increased emphasis on plant-based diets.

    The use of sophisticated extraction technology is one recent development that appeals to both producers and consumers by enabling botanical extracts with higher concentrations and purity. Additionally, the rise in e-commerce has changed the way botanical extracts are sold and promoted, giving businesses a larger customer base.

    Social media and online platforms have made it possible for brands to interact directly with customers, creating a sense of community and brand loyalty around natural products. The North American botanical extracts market is constantly changing, revealing a dynamic environment that places a high value on customer involvement, sustainability, and health.

    North America Botanical Extracts Market Drivers

    Market Segment Insights

    Botanical Extracts Market Form Insights

    The North America Botanical Extracts Market exhibits robust growth fueled by the increasing demand for natural ingredients across various industries, particularly in food and beverages, cosmetics, and pharmaceuticals. The Form segment, which comprises primarily of Powder and Liquid forms, plays a crucial role in this sector.

    The Powder form is often favored for its long shelf life, stability, and ease of incorporation into a variety of products, making it a significant choice for manufacturers aiming to enhance the nutritional profiles of food items and dietary supplements.

    This segment not only caters to the functional requirements of products but also aligns with consumer trends favoring convenience and health benefits. On the other hand, the Liquid form is gaining traction due to its versatility and immediate solubility, which is particularly appealing for applications in beverages and liquid supplements.

    The demand for Liquid botanical extracts is primarily driven by consumers’ preference for ready-to-use solutions that offer efficacy without the need for additional processing. Furthermore, both Powder and Liquid categories are being influenced by trends promoting sustainability and clean labels, leading to innovations in extraction methods and product formulations that emphasize purity and traceability.

    The enhancement of extraction technologies and a growing inclination toward organic and non-GMO products contribute positively to the market dynamics of these Forms.

    Botanical Extracts Market Source Insights

    The North America Botanical Extracts Market, particularly focusing on the Source segment, demonstrates substantial potential driven by various factors. The market is characterized by a diverse range of sources, with Herbs and Spices, as well as Fruits, playing pivotal roles in the industry.

    Herbs and Spices contribute significantly, as their natural flavors and health benefits have propelled their demand across food, beverage, and personal care sectors. Fruits, on the other hand, have gained traction due to their versatility and rising consumer preference for natural ingredients in dietary supplements and functional foods.

    The growth in health consciousness among consumers fuels the demand for Botanical Extracts, with an increasing emphasis on clean-label products. Moreover, the trend towards organic and sustainable sourcing enhances the appeal of these extracts, catering to environmentally aware consumers.

    The market is also influenced by ongoing innovations in extraction technologies, allowing for more efficient and high-quality product outputs. Overall, the Source segment of the North America Botanical Extracts Market remains essential as it aligns with consumer trends favoring natural and health-oriented products.

    Botanical Extracts Market Application Insights

    The North America Botanical Extracts Market, particularly in the Application segment, is showcasing significant diversification across various industries, including Food, Beverages, Personal Care, Pharmaceuticals, and Nutraceuticals.

    The Food and Beverages sector is significant due to the growing demand for natural flavoring and coloring agents, which resonates with consumer trends favoring organic and plant-based products. Personal Care applications leverage botanical extracts for their skin-friendly properties, aligning with the rising preference for clean-label beauty products.

    In Pharmaceuticals, botanical extracts are gaining traction for their therapeutic benefits, driving innovation in drug formulation and personalized medicine. Nutraceuticals are also notable, as they cater to health-conscious consumers seeking dietary supplements enriched with herbal components.

    The steady growth in these applications reflects the increasing health awareness among consumers in North America, spurred by a shift towards natural ingredients and holistic wellness approaches, positioning the North America Botanical Extracts Market favorably for sustained market growth.

    Get more detailed insights about North America Botanical Extracts Market Research Report - Forecast Till 2035

    Regional Insights

    The North America Botanical Extracts Market is witnessing considerable growth, primarily driven by increasing consumer demand for natural ingredients in various sectors, including food, cosmetics, and pharmaceuticals.

    Within this region, the United States and Canada are noteworthy contributors to market expansion, with the US holding a majority share due to its robust research and innovation capabilities in product development. The growing trend towards health and wellness, combined with a shift toward cleaner-label products, is further propelling the demand for botanical extracts.

    In Canada, the demand for organic and sustainably sourced botanicals is gaining traction, aligning with consumer preferences for environmentally friendly products. This regional dynamic fosters opportunities for manufacturers to develop products that cater specifically to local tastes and preferences.

    The active participation of government bodies in promoting herbal products also aids in driving the North America Botanical Extracts Market forward, reflecting a collective emphasis on sustainability, quality, and safety in the botanical extracts industry. This focus on quality and sourcing is essential, as it resonates with consumer expectations for transparency and excellence in natural products.

    North America Botanical Extracts Market Region

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Key Players and Competitive Insights

    The North America Botanical Extracts Market has witnessed significant growth in recent years, driven by an increasing consumer preference for natural and organic products across various industries including food and beverages, cosmetics, and health supplements.

    Competitive insights reveal a landscape characterized by both established companies and new entrants, each striving to capitalize on the surging demand for botanical extracts. The competition is primarily defined by innovation in product offerings, investment in research and development, and a firm commitment to sustainability and ethical sourcing practices.

    Market players continuously enhance their product portfolios with unique formulations tailored to meet evolving consumer preferences, which is vital for maintaining a competitive edge in this dynamic market. Regulatory compliance and quality assurance also play significant roles in shaping competitive strategies as companies navigate complex frameworks for natural products in North America.

    Sabinsa Corporation has carved out a strong position in the North America Botanical Extracts Market, attributed to its unwavering commitment to quality, innovation, and research. The company is known for its extensive range of botanical extracts that cater to the nutraceutical, food, and cosmetic industries.

    Its strengths lie in its rigorous quality control processes and deep-rooted expertise in herbal sciences, enabling it to deliver high-quality, clinically validated products. Sabinsa’s ability to maintain strong relationships with its supply chain, alongside a focus on sustainability, has reinforced its market presence in North America.

    The company's investments in scientific research not only enhance its product efficacy but also bolster its reputation as a trusted name in the botanical extracts domain.

    Ambo’s has established itself as a prominent player in the North America Botanical Extracts Market, recognized for its diverse range of high-quality botanical extracts used in various applications, including dietary supplements, natural food additives, and cosmetic formulations.

    The company's strength stems from its focus on sustainability and ethical sourcing practices, ensuring that its products meet the growing consumer demand for clean-label solutions. Ambo's has developed unique formulations that leverage traditional herbal knowledge combined with modern scientific methods, enhancing its appeal to health-conscious consumers.

    To strengthen its market position, Ambo’s has pursued strategic mergers and acquisitions within the region, allowing it to expand its product line and enhance its distribution capabilities. This proactive approach ensures that the company remains competitive in a market that is increasingly oriented toward innovation and responsiveness to consumer trends.

    Key Companies in the North America Botanical Extracts Market market include

    Industry Developments

    The North America Botanical Extracts Market has seen significant developments in recent months. Companies such as Sabinsa Corporation and Ginkgo BioWorks are focusing on sustainable extraction processes to support the growing demand for natural ingredients in various industries, including cosmetics and food.

    In June 2023, Shaanxi Luyuan Pharmaceutical expanded its product offerings, emphasizing the use of botanical extracts, which reflects the industry's shift toward natural solutions. Additionally, Naturex announced a strategic partnership in May 2023 with Givaudan to enhance their product portfolio, indicating a trend of collaboration among key players.

    The market has also witnessed increasing investment, with Frutarom Industries boosting its Research and Development efforts by investing in innovative extraction technologies. These advancements are expected to enhance product quality and expand market reach.

    Moreover, Kalsec reported a 15% growth in market valuation since 2022, driven by the rising health awareness among consumers and the demand for plant-based products. Over the last two years, there has been a notable increase in mergers and acquisitions, particularly with Penta International acquiring a major stake in Natures Way in early 2023, further consolidating market power in the sector.

    Market Segmentation

    Outlook

    • US
    • Canada

    Botanical Extracts Market Form Outlook

    • Powder
    • Liquid

    Botanical Extracts Market Source Outlook

    • Herbs & Spices
    • Fruits

    Botanical Extracts Market Regional Outlook

    • US
    • Canada

    Botanical Extracts Market Application Outlook

    • Food
    • Beverages
    • Personal Care
    • Pharmaceuticals & Nutraceuticals

    Report Scope

    Report Scope
    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 1.81(USD Billion)
    MARKET SIZE 2024 2.0(USD Billion)
    MARKET SIZE 2035 4.9(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 8.487% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Sabinsa Corporation, Ambo’s, Ginkgo BioWorks, Shaanxi Luyuan Pharmaceutical, Naturex, Frutarom Industries, Kalsec, Penta International, Natures Way, Givaudan, Mountain Rose Herbs, BioBotanica, Herb Research, Standardized Extracts, Alchem Life
    SEGMENTS COVERED Form, Source, Application, Regional
    KEY MARKET OPPORTUNITIES Natural product demand, Expanding dietary supplements market, Growing beauty and personal care sector, Increasing consumer awareness, Sustainable sourcing and production
    KEY MARKET DYNAMICS Growing demand for natural ingredients, Increasing health consciousness among consumers, Rising popularity of plant-based products, Expansion of the food and beverage industry, Regulatory support for herbal supplements
    COUNTRIES COVERED US, Canada

    Market Highlights

    Author
    Snehal Singh
    Assistant Manager - Research

    High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. By implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in Packaging, Construction, and Equipment domains. She handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.

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    FAQs

    What is the expected market size of the North America Botanical Extracts Market in 2024?

    The North America Botanical Extracts Market is expected to be valued at 2.0 billion USD in 2024.

    How much is the North America Botanical Extracts Market projected to be worth by 2035?

    By 2035, the North America Botanical Extracts Market is projected to reach 4.9 billion USD.

    What is the expected Compound Annual Growth Rate (CAGR) for the North America Botanical Extracts Market from 2025 to 2035?

    The market is expected to grow at a CAGR of 8.487% from 2025 to 2035.

    What will be the market size for powder forms of botanical extracts in 2035?

    The market size for powder forms of botanical extracts is projected to be 2.1 billion USD by 2035.

    What are the market valuations for liquid forms of botanical extracts in 2024 and 2035?

    In 2024, the liquid forms of botanical extracts will be valued at 1.2 billion USD, and by 2035 it is expected to reach 2.8 billion USD.

    Which region is expected to dominate the North America Botanical Extracts Market by 2035?

    The US is expected to dominate the market, projected to be valued at 2.9 billion USD by 2035.

    What will the Canadian market size for botanical extracts be in 2035?

    The Canadian market for botanical extracts is expected to reach 1.9 billion USD by 2035.

    Who are some of the key players in the North America Botanical Extracts Market?

    Key players include Sabinsa Corporation, Ginkgo BioWorks, Naturex, and Givaudan among others.

    What are the growth drivers for the North America Botanical Extracts Market?

    Growth drivers include increasing consumer demand for natural products and rising interest in health and wellness.

    What challenges does the North America Botanical Extracts Market face?

    Challenges include regulatory hurdles and competition from synthetic alternatives in the market.

    1. EXECUTIVE SUMMARY
    2. Market Overview
    3. Key Findings
    4. Market Segmentation
    5. Competitive Landscape
    6. Challenges and Opportunities
    7. Future Outlook
    8. MARKET INTRODUCTION
    9. Definition
    10. Scope of the study
    11. Research Objective
    12. Assumption
    13. Limitations
    14. RESEARCH METHODOLOGY
    15. Overview
    16. Data Mining
    17. Secondary Research
    18. Primary Research
    19. Primary Interviews and Information
    20. Gathering Process
    21. Breakdown of Primary Respondents
    22. Forecasting Model
    23. Market Size Estimation
    24. Bottom-Up Approach
    25. Top-Down Approach
    26. Data Triangulation
    27. Validation
    28. MARKET DYNAMICS
    29. Overview
    30. Drivers
    31. Restraints
    32. Opportunities
    33. MARKET FACTOR ANALYSIS
    34. Value
    35. chain Analysis
    36. Porter's
    37. Five Forces Analysis
    38. Bargaining Power of Suppliers
    39. Bargaining Power of Buyers
    40. Threat of New Entrants
    41. Threat of Substitutes
    42. Intensity of Rivalry
    43. COVID-19 Impact Analysis
    44. Market Impact Analysis
    45. Regional Impact
    46. Opportunity and Threat Analysis
    47. North America Botanical
    48. Extracts Market, BY Form (USD Billion)
    49. Powder
    50. Liquid
    51. North America Botanical
    52. Extracts Market, BY Source (USD Billion)
    53. Herbs & Spices
    54. Fruits
    55. North America Botanical
    56. Extracts Market, BY Application (USD Billion)
    57. Food
    58. Beverages
    59. Personal Care
    60. Pharmaceuticals & Nutraceuticals
    61. North America Botanical
    62. Extracts Market, BY Regional (USD Billion)
    63. US
    64. Canada
    65. Competitive Landscape
    66. Overview
    67. Competitive Analysis
    68. Market share Analysis
    69. Major Growth Strategy in the
    70. Botanical Extracts Market
    71. Competitive Benchmarking
    72. Leading Players in Terms of Number of Developments
    73. in the Botanical Extracts Market
    74. Key developments and growth strategies
    75. New Product Launch/Service
    76. Deployment
    77. Merger
    78. & Acquisitions
    79. Joint Ventures
    80. Major Players Financial Matrix
    81. Sales and Operating Income
    82. Major Players R&D Expenditure.
    83. Company Profiles
    84. Sabinsa Corporation
    85. Financial Overview
    86. Products Offered
    87. Key Developments
    88. SWOT Analysis
    89. Key Strategies
    90. Ambo’s
    91. Financial Overview
    92. Products Offered
    93. Key Developments
    94. SWOT Analysis
    95. Key Strategies
    96. Ginkgo BioWorks
    97. Financial Overview
    98. Products Offered
    99. Key Developments
    100. SWOT Analysis
    101. Key Strategies
    102. Shaanxi Luyuan Pharmaceutical
    103. Financial Overview
    104. Products Offered
    105. Key Developments
    106. SWOT Analysis
    107. Key Strategies
    108. Naturex
    109. Financial Overview
    110. Products Offered
    111. Key Developments
    112. SWOT Analysis
    113. Key Strategies
    114. Frutarom Industries
    115. Financial Overview
    116. Products Offered
    117. Key Developments
    118. SWOT Analysis
    119. Key Strategies
    120. Kalsec
    121. Financial Overview
    122. Products Offered
    123. Key Developments
    124. SWOT Analysis
    125. Key Strategies
    126. Penta International
    127. Financial Overview
    128. Products Offered
    129. Key Developments
    130. SWOT Analysis
    131. Key Strategies
    132. Natures Way
    133. Financial Overview
    134. Products Offered
    135. Key Developments
    136. SWOT Analysis
    137. Key Strategies
    138. Givaudan
    139. Financial Overview
    140. Products Offered
    141. Key Developments
    142. SWOT Analysis
    143. Key Strategies
    144. Mountain Rose Herbs
    145. Financial Overview
    146. Products Offered
    147. Key Developments
    148. SWOT Analysis
    149. Key Strategies
    150. BioBotanica
    151. Financial Overview
    152. Products Offered
    153. Key Developments
    154. SWOT Analysis
    155. Key Strategies
    156. Herb Research
    157. Financial Overview
    158. Products Offered
    159. Key Developments
    160. SWOT Analysis
    161. Key Strategies
    162. Standardized Extracts
    163. Financial Overview
    164. Products Offered
    165. Key Developments
    166. SWOT Analysis
    167. Key Strategies
    168. Alchem Life
    169. Financial Overview
    170. Products Offered
    171. Key Developments
    172. SWOT Analysis
    173. Key Strategies
    174. References
    175. Related Reports
    176. LIST
    177. Of tables
    178. North America Botanical Extracts Market SIZE ESTIMATES
    179. & FORECAST, BY FORM, 2019-2035 (USD Billions)
    180. North America Botanical Extracts Market SIZE ESTIMATES
    181. & FORECAST, BY SOURCE, 2019-2035 (USD Billions)
    182. North America Botanical Extracts Market SIZE ESTIMATES
    183. & FORECAST, BY APPLICATION, 2019-2035 (USD Billions)
    184. North America Botanical Extracts
    185. Market SIZE ESTIMATES & FORECAST, BY REGIONAL, 2019-2035 (USD Billions)
    186. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    187. ACQUISITION/PARTNERSHIP
    188. LIST
    189. Of figures
    190. MARKET SYNOPSIS
    191. NORTH AMERICA BOTANICAL EXTRACTS MARKET ANALYSIS BY FORM
    192. NORTH AMERICA BOTANICAL EXTRACTS MARKET ANALYSIS BY SOURCE
    193. NORTH AMERICA BOTANICAL EXTRACTS MARKET ANALYSIS BY APPLICATION
    194. NORTH AMERICA BOTANICAL EXTRACTS MARKET ANALYSIS BY REGIONAL
    195. KEY BUYING CRITERIA OF BOTANICAL EXTRACTS MARKET
    196. RESEARCH PROCESS OF MRFR
    197. DRO
    198. ANALYSIS OF BOTANICAL EXTRACTS MARKET
    199. DRIVERS
    200. IMPACT ANALYSIS: BOTANICAL EXTRACTS MARKET
    201. RESTRAINTS
    202. IMPACT ANALYSIS: BOTANICAL EXTRACTS MARKET
    203. SUPPLY
    204. / VALUE CHAIN: BOTANICAL EXTRACTS MARKET
    205. BOTANICAL
    206. EXTRACTS MARKET, BY FORM, 2025 (% SHARE)
    207. BOTANICAL
    208. EXTRACTS MARKET, BY FORM, 2019 TO 2035 (USD Billions)
    209. BOTANICAL EXTRACTS MARKET, BY SOURCE, 2025 (% SHARE)
    210. BOTANICAL EXTRACTS MARKET, BY SOURCE, 2019 TO 2035 (USD Billions)
    211. BOTANICAL EXTRACTS MARKET, BY APPLICATION, 2025 (% SHARE)
    212. BOTANICAL EXTRACTS MARKET, BY APPLICATION, 2019 TO 2035 (USD Billions)
    213. BOTANICAL EXTRACTS MARKET, BY REGIONAL, 2025 (% SHARE)
    214. BOTANICAL EXTRACTS MARKET, BY REGIONAL, 2019 TO 2035 (USD Billions)
    215. BENCHMARKING
    216. OF MAJOR COMPETITORS

    North America Botanical Extracts Market Segmentation

    • Botanical Extracts Market By Form (USD Billion, 2019-2035)
      • Powder
      • Liquid
    • Botanical Extracts Market By Source (USD Billion, 2019-2035)
      • Herbs & Spices
      • Fruits
    • Botanical Extracts Market By Application (USD Billion, 2019-2035)
      • Food
      • Beverages
      • Personal Care
      • Pharmaceuticals & Nutraceuticals
    • Botanical Extracts Market By Regional (USD Billion, 2019-2035)
      • US
      • Canada

    Botanical Extracts Market Regional Outlook (USD Billion, 2019-2035)

    • North America Outlook (USD Billion, 2019-2035)

      • North America Botanical Extracts Market by Form Type

        • Powder
        • Liquid
      • North America Botanical Extracts Market by Source Type

        • Herbs & Spices
        • Fruits
      • North America Botanical Extracts Market by Application Type

        • Food
        • Beverages
        • Personal Care
        • Pharmaceuticals & Nutraceuticals
      • North America Botanical Extracts Market by Regional Type

        • US
        • Canada
      • US Outlook (USD Billion, 2019-2035)
      • US Botanical Extracts Market by Form Type

        • Powder
        • Liquid
      • US Botanical Extracts Market by Source Type

        • Herbs & Spices
        • Fruits
      • US Botanical Extracts Market by Application Type

        • Food
        • Beverages
        • Personal Care
        • Pharmaceuticals & Nutraceuticals
      • CANADA Outlook (USD Billion, 2019-2035)
      • CANADA Botanical Extracts Market by Form Type

        • Powder
        • Liquid
      • CANADA Botanical Extracts Market by Source Type

        • Herbs & Spices
        • Fruits
      • CANADA Botanical Extracts Market by Application Type

        • Food
        • Beverages
        • Personal Care
        • Pharmaceuticals & Nutraceuticals
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