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    South Korea Botanical Extracts Market

    ID: MRFR/F-B & N/46030-HCR
    128 Pages
    Snehal Singh
    September 2025

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

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    South Korea Botanical Extracts Market Research Report - Forecast Till 2035 Infographic
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    Table of Contents

    South Korea Botanical Extracts Market Summary

    The South Korea Botanical Extracts market is projected to grow significantly from 179.0 USD Million in 2024 to 479 USD Million by 2035.

    Key Market Trends & Highlights

    South Korea Botanical Extracts Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 9.36% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 479 USD Million, indicating robust growth potential.
    • In 2024, the market is valued at 179.0 USD Million, showcasing a strong foundation for future expansion.
    • Growing adoption of natural ingredients in cosmetics and food products due to increasing consumer awareness is a major market driver.

    Market Size & Forecast

    2024 Market Size 179.0 (USD Million)
    2035 Market Size 479 (USD Million)
    CAGR (2025-2035) 9.36%

    Major Players

    Sabinsa Corporation, Nature's Way, Nutraceutical Corporation, Allergan, Amorepacific, Miseal, Nexira, Kwangdong Pharmaceutical, LG Household and Health Care, Sempio Foods Company, A.J. Knudsen, Herbaflore, Herbalife Nutrition Ltd, Hanmi Pharmaceutical, Ilhwa

    South Korea Botanical Extracts Market Trends

    The growing customer preference for natural and organic products is behind the significant rise of the South Korean botanical extracts market. Demand for botanical extracts is rising across a number of industries, including food and beverage, cosmetics, and pharmaceuticals, as consumers become more conscious of their advantages.

    Government programs encouraging sustainable practices and healthy lifestyles further assist this move towards natural ingredients, which is consistent with South Korea's emphasis on environmental awareness and well-being. The growing demand for plant-based formulations and herbal supplements presents potential opportunities in the South Korean industry.

    Given the noticeable trend of using plant extracts in skincare and haircare products, the beauty and personal care sector has a lot of promise. Brands may take advantage of South Korea's dominance in the global beauty market by investigating cutting-edge botanical compositions that appeal to customers seeking products that are both safe and effective.

    As consumers look for community support and information on natural products, the growth of social media and internet platforms is also having an impact on their behavior. South Korea is a promising region for growth in this market because of the dynamic environment being created for botanical extracts by the fusion of traditional expertise with contemporary uses.

    South Korea Botanical Extracts Market Drivers

    Market Segment Insights

    Botanical Extracts Market Form Insights

    The South Korea Botanical Extracts Market, with its focus on various forms, is witnessing a notable expansion as consumers increasingly prioritize natural and plant-derived products in their daily lives. The Form segment is a critical component of this market, characterized primarily by two key categories: Powder and Liquid.

    The Powder segment enjoys significant popularity due to its versatility and ease of incorporation into various applications such as dietary supplements, food products, and cosmetics. Powders derived from botanical sources allow for precise dosage control, making them an attractive choice for consumers as they can seamlessly integrate these supplements into their routines.

    Meanwhile, the Liquid form is favored for its rapid absorption rates, making it ideal for those seeking immediate health benefits. Liquid extracts are often employed in beverages and personal care products, reflecting consumer preferences for quick and effective solutions.

    The rising trend of wellness and preventative healthcare in South Korea has catalyzed the growth of both forms, leading to an increase in availability and innovation within these product categories. Additionally, as consumer awareness of traditional Korean herbal remedies grows, there is an escalating demand for these botanical extracts in both domestic and export markets.

    This evolving landscape is supported by favorable government policies that promote natural ingredient sourcing and sustainable practices, empowering local producers. Challenges remain in terms of strict regulatory requirements and quality control, yet the opportunities for expansion and innovation in the Form segment continue to drive the South Korea Botanical Extracts Market forward.

    Botanical Extracts Market Source Insights

    The South Korea Botanical Extracts Market, especially focusing on the Source segment, has been witnessing a gradual shift towards natural extracts driven by consumer demand for organic and plant-based products. In this landscape, herbs and spices, as well as fruits, emerge as significant contributors to the market.

    The health benefits associated with herbal extracts, such as anti-inflammatory and antioxidant properties, have led to their increased popularity among health-conscious consumers. Additionally, fruits offer unique flavors and nutritional advantages, further enhancing their importance in culinary applications and dietary supplements.

    This growing trend towards the use of botanicals in cosmetics, food, and beverages is also supported by an expanding interest in sustainable sourcing methods, aligning with South Korea's commitment to environmentally friendly practices.

    Overall, this Source segment is characterized by its diverse range of applications and a strong alignment with health and wellness trends, making it a pivotal area within the broader South Korea Botanical Extracts Market.

    Botanical Extracts Market Application Insights

    The Application segment of the South Korea Botanical Extracts Market plays a vital role in driving revenue and growth within the industry. This segment is diverse, encompassing areas such as Food, Beverages, Personal Care, and Pharmaceuticals and Nutraceuticals.

    The Food and Beverages applications utilize botanical extracts for their flavoring and natural preservative properties, reflecting a significant shift toward health-conscious consumption trends among South Koreans. Personal Care products leverage these extracts for their natural origins and skin benefits, aligning with the growing consumer preference for clean and sustainable beauty products.

    The Pharmaceuticals and Nutraceuticals segment is significant as it provides health benefits and preventive care solutions, positioning itself as increasingly dominant in an aging population that seeks natural alternatives for wellness.

    Overall, the South Korea Botanical Extracts Market segmentation reflects a clear trend toward integrating natural and organic ingredients into everyday products, supported by consumer demand for health, wellness, and sustainability alongside growing investments in research and development.

    While the sub-segments differ in their applications, they collectively contribute to the overarching growth and innovation within the South Korea Botanical Extracts Market.

    Get more detailed insights about South Korea Botanical Extracts Market Research Report - Forecast Till 2035

    Regional Insights

    Key Players and Competitive Insights

    The South Korea Botanical Extracts Market is witnessing dynamic growth and intensifying competition, largely driven by increasing consumer awareness regarding health and wellness along with a corresponding rise in demand for natural ingredients in food, cosmetics, and pharmaceuticals.

    This market is marked by the presence of various global and local players who are continually enhancing their product offerings to cater to diverse consumer needs. The competitive landscape is characterized by companies investing in research and development to innovate and introduce new botanical extracts that offer various health benefits.

    Furthermore, the consumer trend towards cleaner labels and organic products has encouraged many manufacturers to source and utilize plant-derived extracts, thereby increasing the competitive rivalry in this sector. As sustainability becomes a focus, companies are emphasizing the ethical sourcing of botanical materials and their environmental impact, shaping the competitive strategy in the market.

    Sabinsa Corporation has established a strong foothold in the South Korea Botanical Extracts Market by leveraging its extensive research and development capabilities. The company is noted for its high-quality botanical extracts that adhere to strict quality standards and regulations.

    Leveraging its decades of expertise, Sabinsa has cultivated a reputation for innovation by developing novel products that cater to the rising demand for health-oriented supplements. Its strong distribution network and collaborations with other firms enhance its market presence in South Korea, allowing it to reach diverse segments effectively.

    The company’s commitment to sustainability and ethical sourcing strengthens its brand image, further contributing to its competitive edge in the region. Sabinsa Corporation's emphasis on science-backed efficacy and safety in its products continues to resonate well with consumers increasingly concerned about the origins and benefits of their health supplements.

    Nature's Way also plays a significant role in the South Korea Botanical Extracts Market by offering a diverse range of herbal products and dietary supplements. Known for its commitment to quality and efficacy, Nature's Way ensures that its extracts are formulated from the finest sources, meeting rigorous quality control measures.

    The company is recognized for its prominent product lines that include herbal extracts, vitamins, and immune support supplements which align well with current market trends towards preventive healthcare. Its strong market presence is supported by effective marketing strategies that emphasize the natural origin and health benefits of its products.

    Nature's Way continually seeks to strengthen its competitive position through strategic partnerships and collaborations, focusing on expanding its distribution channels across South Korea. The company remains committed to innovation and consumer education, ensuring that its extensive portfolio meets the evolving preferences of health-conscious consumers in this region.

    Key Companies in the South Korea Botanical Extracts Market market include

    Industry Developments

    Recent developments in the South Korea Botanical Extracts Market reflect growth and increased interest from key players. Companies like Sabinsa Corporation and Nature's Way are actively expanding their portfolios, focusing on natural and organic products, catering to a rising consumer preference for health-conscious and sustainable options.

    In September 2023, Allergan announced a strategic initiative to enhance its product line with botanical extracts, emphasizing its role in skincare formulations. Major players like Amorepacific and LG Household and Health Care are investing significantly in Research and Development to innovate new extraction technologies.

    There have been notable mergers, such as Miseal's acquisition of a local herbal brand in July 2023, which aligns with the trend of companies aiming to diversify their product offerings. Furthermore, the market valuation for firms involved in botanical extracts has seen positive growth, with forecasts estimating a compound annual growth rate of over 5% from 2023 to 2028.

    This expansion is supported by the South Korean government's initiatives promoting traditional herbal medicine, enhancing the integration of botanical extracts into both food and cosmetic sectors, thus driving overall market dynamics.

    Market Segmentation

    Outlook

    • Food
    • Beverages
    • Personal Care
    • Pharmaceuticals & Nutraceuticals

    Botanical Extracts Market Form Outlook

    • Powder
    • Liquid

    Botanical Extracts Market Source Outlook

    • Herbs & Spices
    • Fruits

    Botanical Extracts Market Application Outlook

    • Food
    • Beverages
    • Personal Care
    • Pharmaceuticals & Nutraceuticals

    Report Scope

    Report Scope
    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 162.54(USD Million)
    MARKET SIZE 2024 179.01(USD Million)
    MARKET SIZE 2035 479.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 9.36% (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 Million
    KEY COMPANIES PROFILED Sabinsa Corporation, Nature's Way, Nutraceutical Corporation, Allergan, Amorepacific, Miseal, Nexira, Kwangdong Pharmaceutical, LG Household and Health Care, Sempio Foods Company, A.J. Knudsen, Herbaflore, Herbalife Nutrition Ltd, Hanmi Pharmaceutical, Ilhwa
    SEGMENTS COVERED Form, Source, Application
    KEY MARKET OPPORTUNITIES Rising demand for natural ingredients, Expanding herbal cosmetics sector, Growing wellness and health trends, Increasing application in food industry, Surge in eco-conscious consumer preferences
    KEY MARKET DYNAMICS growing health consciousness, increasing demand for natural products, expanding applications in cosmetics, government support for herbal industry, rise of e-commerce platforms
    COUNTRIES COVERED South Korea

    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 market size of the South Korea Botanical Extracts Market in 2024?

    The South Korea Botanical Extracts Market is expected to be valued at 179.01 million USD in 2024.

    What is the projected market size for the South Korea Botanical Extracts Market by 2035?

    By 2035, the market is anticipated to grow to 479.0 million USD.

    What is the expected CAGR for the South Korea Botanical Extracts Market from 2025 to 2035?

    The expected compound annual growth rate is 9.36% during the period from 2025 to 2035.

    What is the market size for powdered botanical extracts in South Korea in 2024?

    The powdered botanical extracts market is valued at 67.2 million USD in 2024.

    What will be the market size for powdered extracts by 2035?

    The market for powdered extracts is projected to reach 198.9 million USD by 2035.

    What is the market size for liquid botanical extracts in South Korea in 2024?

    The liquid botanical extracts market is valued at 111.81 million USD in 2024.

    What will the liquid botanical extracts market size be in 2035?

    The market for liquid botanical extracts is anticipated to grow to 280.1 million USD by 2035.

    Who are the key players in the South Korea Botanical Extracts Market?

    Major players include Sabinsa Corporation, Nature's Way, and Allergan among others.

    What are some emerging trends in the South Korea Botanical Extracts Market?

    The market is witnessing trends towards natural products, health consciousness, and increased usage in nutraceuticals.

    What challenges does the South Korea Botanical Extracts Market face?

    Challenges include regulatory hurdles and competition from synthetic alternatives affecting growth.

    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. South Korea Botanical
    48. Extracts Market, BY Form (USD Million)
    49. Powder
    50. Liquid
    51. South Korea Botanical
    52. Extracts Market, BY Source (USD Million)
    53. Herbs & Spices
    54. Fruits
    55. South Korea Botanical
    56. Extracts Market, BY Application (USD Million)
    57. Food
    58. Beverages
    59. Personal Care
    60. Pharmaceuticals & Nutraceuticals
    61. Competitive Landscape
    62. Overview
    63. Competitive Analysis
    64. Market share Analysis
    65. Major Growth Strategy in the
    66. Botanical Extracts Market
    67. Competitive Benchmarking
    68. Leading Players in Terms of Number of Developments
    69. in the Botanical Extracts Market
    70. Key developments and growth strategies
    71. New Product Launch/Service
    72. Deployment
    73. Merger
    74. & Acquisitions
    75. Joint Ventures
    76. Major Players Financial Matrix
    77. Sales and Operating Income
    78. Major Players R&D Expenditure.
    79. Company Profiles
    80. Sabinsa Corporation
    81. Financial Overview
    82. Products Offered
    83. Key Developments
    84. SWOT Analysis
    85. Key Strategies
    86. Nature's Way
    87. Financial Overview
    88. Products Offered
    89. Key Developments
    90. SWOT Analysis
    91. Key Strategies
    92. Nutraceutical Corporation
    93. Financial Overview
    94. Products Offered
    95. Key Developments
    96. SWOT Analysis
    97. Key Strategies
    98. Allergan
    99. Financial Overview
    100. Products Offered
    101. Key Developments
    102. SWOT Analysis
    103. Key Strategies
    104. Amorepacific
    105. Financial Overview
    106. Products Offered
    107. Key Developments
    108. SWOT Analysis
    109. Key Strategies
    110. Miseal
    111. Financial Overview
    112. Products Offered
    113. Key Developments
    114. SWOT Analysis
    115. Key Strategies
    116. Nexira
    117. Financial Overview
    118. Products Offered
    119. Key Developments
    120. SWOT Analysis
    121. Key Strategies
    122. Kwangdong Pharmaceutical
    123. Financial Overview
    124. Products Offered
    125. Key Developments
    126. SWOT Analysis
    127. Key Strategies
    128. LG Household and Health Care
    129. Financial Overview
    130. Products Offered
    131. Key Developments
    132. SWOT Analysis
    133. Key Strategies
    134. Sempio Foods Company
    135. Financial Overview
    136. Products Offered
    137. Key Developments
    138. SWOT Analysis
    139. Key Strategies
    140. A.J. Knudsen
    141. Financial Overview
    142. Products Offered
    143. Key Developments
    144. SWOT Analysis
    145. Key Strategies
    146. Herbaflore
    147. Financial Overview
    148. Products Offered
    149. Key Developments
    150. SWOT Analysis
    151. Key Strategies
    152. Herbalife Nutrition Ltd
    153. Financial Overview
    154. Products Offered
    155. Key Developments
    156. SWOT Analysis
    157. Key Strategies
    158. Hanmi Pharmaceutical
    159. Financial Overview
    160. Products Offered
    161. Key Developments
    162. SWOT Analysis
    163. Key Strategies
    164. Ilhwa
    165. Financial Overview
    166. Products Offered
    167. Key Developments
    168. SWOT Analysis
    169. Key Strategies
    170. References
    171. Related Reports
    172. LIST
    173. Of tables
    174. South Korea Botanical Extracts Market SIZE ESTIMATES
    175. & FORECAST, BY FORM, 2019-2035 (USD Billions)
    176. South Korea Botanical Extracts Market SIZE ESTIMATES
    177. & FORECAST, BY SOURCE, 2019-2035 (USD Billions)
    178. South Korea Botanical Extracts Market SIZE ESTIMATES
    179. & FORECAST, BY APPLICATION, 2019-2035 (USD Billions)
    180. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    181. ACQUISITION/PARTNERSHIP
    182. LIST
    183. Of figures
    184. MARKET SYNOPSIS
    185. SOUTH KOREA BOTANICAL EXTRACTS MARKET ANALYSIS BY FORM
    186. SOUTH KOREA BOTANICAL EXTRACTS MARKET ANALYSIS BY SOURCE
    187. SOUTH KOREA BOTANICAL EXTRACTS MARKET ANALYSIS BY APPLICATION
    188. KEY BUYING CRITERIA OF BOTANICAL EXTRACTS MARKET
    189. RESEARCH PROCESS OF MRFR
    190. DRO
    191. ANALYSIS OF BOTANICAL EXTRACTS MARKET
    192. DRIVERS
    193. IMPACT ANALYSIS: BOTANICAL EXTRACTS MARKET
    194. RESTRAINTS
    195. IMPACT ANALYSIS: BOTANICAL EXTRACTS MARKET
    196. SUPPLY
    197. / VALUE CHAIN: BOTANICAL EXTRACTS MARKET
    198. BOTANICAL
    199. EXTRACTS MARKET, BY FORM, 2025 (% SHARE)
    200. BOTANICAL
    201. EXTRACTS MARKET, BY FORM, 2019 TO 2035 (USD Billions)
    202. BOTANICAL EXTRACTS MARKET, BY SOURCE, 2025 (% SHARE)
    203. BOTANICAL EXTRACTS MARKET, BY SOURCE, 2019 TO 2035 (USD Billions)
    204. BOTANICAL EXTRACTS MARKET, BY APPLICATION, 2025 (% SHARE)
    205. BOTANICAL EXTRACTS MARKET, BY APPLICATION, 2019 TO 2035 (USD Billions)
    206. BENCHMARKING
    207. OF MAJOR COMPETITORS

    South Korea Botanical Extracts Market Segmentation

    • Botanical Extracts Market By Form (USD Million, 2019-2035)
      • Powder
      • Liquid
    • Botanical Extracts Market By Source (USD Million, 2019-2035)
      • Herbs & Spices
      • Fruits
    • Botanical Extracts Market By Application (USD Million, 2019-2035)

      • Food
      • Beverages
      • Personal Care
      • Pharmaceuticals & Nutraceuticals
    Report Infographic
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    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

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    Case Study

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