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    US Botanical Extracts Market

    ID: MRFR/F-B & N/19641-HCR
    200 Pages
    Snehal Singh
    September 2025

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

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    US Botanical Extracts Market Research Report — Forecast till 2035 Infographic
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    Table of Contents

    US Botanical Extracts Market Summary

    The US Botanical Extracts market is projected to grow from 1.4 billion USD in 2024 to 3.5 billion USD by 2035, reflecting a robust growth trajectory.

    Key Market Trends & Highlights

    US Botanical Extracts Key Trends and Highlights

    • The market is expected to expand at a compound annual growth rate (CAGR) of 8.69 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 3.5 billion USD, indicating strong demand for botanical extracts.
    • In 2024, the market is valued at 1.4 billion USD, highlighting its current significance in the industry.
    • Growing adoption of natural ingredients due to increasing consumer preference for health and wellness is a major market driver.

    Market Size & Forecast

    2024 Market Size 1.4 (USD Billion)
    2035 Market Size 3.5 (USD Billion)
    CAGR (2025-2035) 8.69%

    Major Players

    Ginkgo BioWorks, BASF, Green Mountain Coffee Roasters, NutraMarks, Kalsec, Plant Extracts International, Botanicals Plus, Valley Foods, Naturex, Avoca, Herb Pharm, Herbalife Nutrition, Indena, Sundown Naturals

    US Botanical Extracts Market Trends

    The US Botanical Extracts Market is witnessing significant trends driven by consumer demand for natural and organic products. The growing awareness of health and wellness among consumers is encouraging the shift towards plant-based ingredients, which is a key driver in this market. Additionally, the rising interest in herbal remedies and traditional medicines is steering more people towards botanical extracts for health applications. This increased focus on natural ingredients creates opportunities for manufacturers to innovate and expand their product lines, tapping into the herbal skincare and dietary supplement sectors.

    Recent trends show a surge in the popularity of sustainable sourcing practices and environmentally friendly production methods.Many consumers in the US are seeking transparency in ingredient sourcing, leading companies to adopt ethical practices that promote sustainability. This trend is amplified by factors such as the US government’s commitment to environmental protection and the promotion of organic agricultural practices. Consequently, there’s a growing market for certified organic botanical extracts, which aligns with consumer preferences for clean-label products.

    Further opportunities exist for businesses to explore partnerships with local farmers and suppliers, which not only supports regional economies but also ensures the freshness and availability of raw materials.Moreover, the recent increase in e-commerce and online shopping platforms offers avenues for companies to reach more consumers who are transitioning to digital purchasing methods. As health trends continue to evolve, the US Botanical Extracts Market stands at a dynamic intersection of innovation, sustainability, and consumer demand for natural wellness solutions.

    US Botanical Extracts Market Drivers

    Market Segment Insights

    US Botanical Extracts Market Segment Insights:

    US Botanical Extracts Market Segment Insights:

    Botanical Extracts Market Form Insights

    Botanical Extracts Market Form Insights

    The US Botanical Extracts Market is experiencing remarkable growth, driven by increasing consumer awareness regarding natural ingredients and their applications across various industries including food, cosmetics, and pharmaceuticals. The Form segment of this market, which comprises mainly of Powder and Liquid, plays a crucial role in meeting diverse consumer demands. Powders are particularly favored for their versatility and ease of use in formulations, while liquids offer superior solubility which is often required in beverages and personal care products.As the demand for plant-based and organic products remains high, these forms are becoming essentials in product offerings across multiple sectors.

    The market dynamics favor products that can be integrated easily into existing formulations without compromising quality. Liquid extracts, due to their concentrated nature and quick absorption, are witnessing considerable traction in the health and wellness sectors, especially in dietary supplements where bioavailability is a priority. On the other hand, powdered extracts are prominent within the culinary domain, preferred for their prolonged shelf life and ease of storage.Additionally, the rise of health-conscious consumers in the US is pushing brands to innovate and expand their product lines with botanical extracts in both forms.

    This surge in innovation and product diversification could significantly boost the US Botanical Extracts Market revenue. However, challenges such as stringent regulations and sourcing issues related to raw materials could impact growth trajectories. Overall, the Form segment is not only significant for market statistics but is pivotal for ongoing trends focused on sustainability and health benefits.The appeal for botanicals in both powder and liquid forms continues to shape consumer choices, supporting a dynamic and evolving marketplace.

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

    Botanical Extracts Market Source Insights

    Botanical Extracts Market Source Insights

    The Source segment of the US Botanical Extracts Market plays a vital role in driving the industry forward, reflecting significant trends in consumer preferences toward natural and organic ingredients. Herbs and spices are essential components, offering flavors, fragrances, and health benefits that resonate with increasing health consciousness among consumers.

    The demand for these ingredients has been bolstered by a shift towards clean label products, where consumers seek transparency in sourcing and a preference for botanical extracts over synthetic alternatives.Fruits also hold a crucial position in this market, leveraging their natural sweetness and rich nutrient profiles, appealing particularly to the growing wellness trend. The US botanical extracts landscape showcases a robust growth trajectory, supported by increased application across food and beverage, cosmetics, and pharmaceuticals. The expansion of culinary arts and holistic health practices further elevates the significance of these natural sources, showcasing their potential to dominate the market.

    As herbal remedies gain traction within the wellness community, both herbs and fruits are positioned as fundamental elements in creating innovative and health-centric solutions that meet evolving consumer demands.This segment, therefore, is expected to maintain its prominence as part of the larger US Botanical Extracts Market industry, paving the way for enriched product formulations in line with market growth expectations.

    Botanical Extracts Market Application Insights

    Botanical Extracts Market Application Insights

    The Application segment of the US Botanical Extracts Market encompasses a diverse range of industries, reflecting the growing consumer inclination towards natural products. Within this segment, food applications have gained traction as botanical extracts are increasingly viewed as valuable components for flavor enhancement and preservative qualities. Similarly, the beverage industry is leveraging these extracts to develop healthier and more appealing options, catering to evolving consumer preferences for wellness-oriented drinks.

    In the realm of Personal Care, botanical extracts play a significant role, as they offer effective solutions for skincare, haircare, and cosmetics, aligning with the rising demand for clean and ethical beauty products.Pharmaceuticals and Nutraceuticals also represent a key area within this segment, with botanical extracts serving as vital ingredients in herbal medicines and dietary supplements, driven by a heightened focus on holistic health. As consumers increasingly seek alternatives to synthetic ingredients, the Applications segment demonstrates substantial potential for expansion, driven by market trends emphasizing sustainability, health, and wellness across the US industries.

    Insights from market growth point towards the necessity for innovation and adaptation in product formulations to meet these consumer demands effectively.

    Get more detailed insights about US Botanical Extracts Market Research Report — Forecast till 2035

    Regional Insights

    Key Players and Competitive Insights

    The US Botanical Extracts Market is experiencing significant growth due to the rising consumer demand for natural and organic ingredients across various sectors, including food and beverage, cosmetics, and pharmaceuticals. The competitive landscape is characterized by a diverse array of players, ranging from small startups focused on niche products to well-established corporations with a broad product portfolio. Companies operating in this market are increasingly investing in research and development to innovate and improve extraction techniques, as well as to enhance product purity and potency.

    The proliferation of health and wellness trends among consumers has led to heightened competition, with firms striving to differentiate themselves through quality, sustainability, and effective marketing strategies. Key players are also leveraging strategic partnerships and collaborations to expand their distribution networks and reach a wider audience, while regulatory compliance and quality assurance remain essential factors influencing market dynamics.Ginkgo BioWorks has established a strong presence in the US Botanical Extracts Market by leveraging its unique platform for designing custom microbes for a variety of applications.

    The company focuses on harnessing the power of biotechnology to produce high-quality botanical extracts that meet the evolving needs of consumers and industries alike. Ginkgo BioWorks' strengths lie in its cutting-edge technology, which allows for the rapid development and scaling of extraction processes, ensuring consistency and efficacy of its products. With a commitment to sustainability and a strong focus on innovation, Ginkgo BioWorks has positioned itself as a leader in the botanical extracts space, catering to a clientele that values transparency and quality in natural ingredients.

    Its ability to adapt to changing consumer preferences and trends further enhances its competitive edge within the marketplace.BASF holds a prominent position in the US Botanical Extracts Market, underpinned by its broad range of key products and services tailored to various industries including personal care, food, and pharmaceuticals. The company benefits from its extensive research and development capabilities, ensuring that it remains at the forefront of innovation in botanical extracts. BASF's strengths are reinforced through its robust supply chain and global presence, which enables it to deliver high-quality extracts consistently across different regions.

    Additionally, BASF actively pursues strategic mergers and acquisitions to enhance its product offerings and market reach, thereby solidifying its competitive advantage. Its commitment to sustainability and ethical sourcing practices further resonates with consumers who prioritize environmentally friendly products, making BASF a formidable player in the US Botanical Extracts Market.

    Key Companies in the US Botanical Extracts Market market include

    Industry Developments

    The US Botanical Extracts Market has witnessed several significant developments recently. Companies such as Ginkgo BioWorks and BASF are advancing their use of advanced biotechnologies to produce sustainable botanical extracts, driven by increasing consumer demand for natural ingredients in various sectors including food, beverages, and personal care products. In September 2023, NutraMarks announced a strategic partnership with Green Mountain Coffee Roasters aimed at enhancing their herbal extract offerings, which underscores a growing trend towards collaboration for innovation in botanical products.

    Additionally, Kalsec expanded its extraction capabilities in August 2023, focusing on natural color and flavor solutions, reflecting the market's shift towards clean-label products. While there have not been prominent mergers or acquisitions reported since June 2022, the overall market valuation continues to grow, supported by a surge in demand for botanical ingredients, peaking in 2023. New regulations related to herbal products and extraction processes from the Food and Drug Administration (FDA) are also influencing market dynamics, promoting transparency and safety.

    Companies like Herbalife Nutrition and Indena are increasingly focusing on Research and Development to stay ahead in this rapidly evolving market landscape.

    Market Segmentation

    Outlook

    Report Scope

    Report Scope:
    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 1.26(USD Billion)
    MARKET SIZE 2024 1.4(USD Billion)
    MARKET SIZE 2035 3.5(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 8.687% (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 Ginkgo BioWorks, BASF, Green Mountain Coffee Roasters, NutraMarks, Kalsec, Plant Extracts International, Botanicals Plus, Valley Foods, Naturex, Avoca, Herb Pharm, Herbalife Nutrition, Indena, Sundown Naturals
    SEGMENTS COVERED Form, Source, Application
    KEY MARKET OPPORTUNITIES Natural health product demand surge, E-commerce channels growth, Increased popularity of herbal supplements, Expansion in cosmetics industry, Sustainable sourcing practices adoption
    KEY MARKET DYNAMICS Growing health consciousness, Increasing demand for natural products, Regulatory challenges and compliance, Rising applications in food industry, Expanding use in cosmetics and skincare
    COUNTRIES COVERED US

    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 projected market size of the US Botanical Extracts Market in 2024?

    The US Botanical Extracts Market is expected to be valued at 1.4 USD Billion in 2024.

    What will the market size of the US Botanical Extracts Market be by 2035?

    By 2035, the US Botanical Extracts Market is projected to reach a value of 3.5 USD Billion.

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

    The market is anticipated to grow at a CAGR of 8.687% from 2025 to 2035.

    What are the key segments in the US Botanical Extracts Market by form?

    The market is segmented into two primary forms: Powder and Liquid.

    What is the estimated market value for Powder in the US Botanical Extracts Market in 2024?

    The Powder segment is valued at approximately 0.6 USD Billion in 2024.

    What is the projected market value for Liquid in the US Botanical Extracts Market in 2035?

    The Liquid segment is expected to reach a market value of around 2.0 USD Billion by 2035.

    Who are the major competitors in the US Botanical Extracts Market?

    Key players include Ginkgo BioWorks, BASF, Green Mountain Coffee Roasters, and Herbalife Nutrition, among others.

    What are the application areas driving growth in the US Botanical Extracts Market?

    Major applications include food and beverages, dietary supplements, and personal care products.

    What emerging trends are shaping the US Botanical Extracts Market?

    Trends include a growing demand for natural and organic products and increasing consumer awareness of health benefits.

    What challenges does the US Botanical Extracts Market face amid current economic conditions?

    Challenges include fluctuating raw material prices and stringent regulatory requirements affecting market 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 Gathering Process
    20. Breakdown of Primary Respondents
    21. Forecasting Model
    22. Market Size Estimation
    23. Bottom-Up Approach
    24. Top-Down Approach
    25. Data Triangulation
    26. Validation
    27. MARKET DYNAMICS
    28. Overview
    29. Drivers
    30. Restraints
    31. Opportunities
    32. MARKET FACTOR ANALYSIS
    33. Value chain Analysis
    34. Porter's Five Forces Analysis
    35. Bargaining Power of Suppliers
    36. Bargaining Power of Buyers
    37. Threat of New Entrants
    38. Threat of Substitutes
    39. Intensity of Rivalry
    40. COVID-19 Impact Analysis
    41. Market Impact Analysis
    42. Regional Impact
    43. Opportunity and Threat Analysis
    44. US Botanical Extracts Market, BY Form (USD Billion)
    45. Powder
    46. Liquid
    47. US Botanical Extracts Market, BY Source (USD Billion)
    48. Herbs & Spices
    49. Fruits
    50. US Botanical Extracts Market, BY Application (USD Billion)
    51. Food
    52. Beverages
    53. Personal Care
    54. Pharmaceuticals & Nutraceuticals
    55. Competitive Landscape
    56. Overview
    57. Competitive Analysis
    58. Market share Analysis
    59. Major Growth Strategy in the Botanical Extracts Market
    60. Competitive Benchmarking
    61. Leading Players in Terms of Number of Developments in the Botanical Extracts Market
    62. Key developments and growth strategies
    63. New Product Launch/Service Deployment
    64. Merger & Acquisitions
    65. Joint Ventures
    66. Major Players Financial Matrix
    67. Sales and Operating Income
    68. Major Players R&D Expenditure. 2023
    69. Company Profiles
    70. Ginkgo BioWorks
    71. Financial Overview
    72. Products Offered
    73. Key Developments
    74. SWOT Analysis
    75. Key Strategies
    76. BASF
    77. Financial Overview
    78. Products Offered
    79. Key Developments
    80. SWOT Analysis
    81. Key Strategies
    82. Green Mountain Coffee Roasters
    83. Financial Overview
    84. Products Offered
    85. Key Developments
    86. SWOT Analysis
    87. Key Strategies
    88. NutraMarks
    89. Financial Overview
    90. Products Offered
    91. Key Developments
    92. SWOT Analysis
    93. Key Strategies
    94. Kalsec
    95. Financial Overview
    96. Products Offered
    97. Key Developments
    98. SWOT Analysis
    99. Key Strategies
    100. Plant Extracts International
    101. Financial Overview
    102. Products Offered
    103. Key Developments
    104. SWOT Analysis
    105. Key Strategies
    106. Botanicals Plus
    107. Financial Overview
    108. Products Offered
    109. Key Developments
    110. SWOT Analysis
    111. Key Strategies
    112. Valley Foods
    113. Financial Overview
    114. Products Offered
    115. Key Developments
    116. SWOT Analysis
    117. Key Strategies
    118. Naturex
    119. Financial Overview
    120. Products Offered
    121. Key Developments
    122. SWOT Analysis
    123. Key Strategies
    124. Avoca
    125. Financial Overview
    126. Products Offered
    127. Key Developments
    128. SWOT Analysis
    129. Key Strategies
    130. Herb Pharm
    131. Financial Overview
    132. Products Offered
    133. Key Developments
    134. SWOT Analysis
    135. Key Strategies
    136. Herbalife Nutrition
    137. Financial Overview
    138. Products Offered
    139. Key Developments
    140. SWOT Analysis
    141. Key Strategies
    142. Indena
    143. Financial Overview
    144. Products Offered
    145. Key Developments
    146. SWOT Analysis
    147. Key Strategies
    148. Sundown Naturals
    149. Financial Overview
    150. Products Offered
    151. Key Developments
    152. SWOT Analysis
    153. Key Strategies
    154. References
    155. Related Reports
    156. US Botanical Extracts Market SIZE ESTIMATES & FORECAST, BY FORM, 2019-2035 (USD Billions)
    157. US Botanical Extracts Market SIZE ESTIMATES & FORECAST, BY SOURCE, 2019-2035 (USD Billions)
    158. US Botanical Extracts Market SIZE ESTIMATES & FORECAST, BY APPLICATION, 2019-2035 (USD Billions)
    159. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    160. ACQUISITION/PARTNERSHIP
    161. MARKET SYNOPSIS
    162. US BOTANICAL EXTRACTS MARKET ANALYSIS BY FORM
    163. US BOTANICAL EXTRACTS MARKET ANALYSIS BY SOURCE
    164. US BOTANICAL EXTRACTS MARKET ANALYSIS BY APPLICATION
    165. KEY BUYING CRITERIA OF BOTANICAL EXTRACTS MARKET
    166. RESEARCH PROCESS OF MRFR
    167. DRO ANALYSIS OF BOTANICAL EXTRACTS MARKET
    168. DRIVERS IMPACT ANALYSIS: BOTANICAL EXTRACTS MARKET
    169. RESTRAINTS IMPACT ANALYSIS: BOTANICAL EXTRACTS MARKET
    170. SUPPLY / VALUE CHAIN: BOTANICAL EXTRACTS MARKET
    171. BOTANICAL EXTRACTS MARKET, BY FORM, 2025 (% SHARE)
    172. BOTANICAL EXTRACTS MARKET, BY FORM, 2019 TO 2035 (USD Billions)
    173. BOTANICAL EXTRACTS MARKET, BY SOURCE, 2025 (% SHARE)
    174. BOTANICAL EXTRACTS MARKET, BY SOURCE, 2019 TO 2035 (USD Billions)
    175. BOTANICAL EXTRACTS MARKET, BY APPLICATION, 2025 (% SHARE)
    176. BOTANICAL EXTRACTS MARKET, BY APPLICATION, 2019 TO 2035 (USD Billions)
    177. BENCHMARKING OF MAJOR COMPETITORS

    US 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

     

     

     

     

     

     

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