Global Herbal Extract Market Size & Outlook, 2021-2030

The global herbal extract market size was estimated at USD 26,196.9 million in 2021 and is projected to reach USD 53,434.0 million by 2030, growing at a CAGR of 8.2% from 2022 to 2030.
Revenue, 2021 (US$M)
$26,196.9
Forecast, 2030 (US$M)
$53,434.0
CAGR, 2022 - 2030
8.2%
Report Coverage
Worldwide

Global herbal extract market highlights

  • The global herbal extract market generated a revenue of USD 29,863.0 million in 2023 and is expected to reach USD 53,434.1 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 8.7% by 2030.
  • In terms of segment, cherry accounted for a revenue of USD 3,253.7 million in 2023.
  • Curcumin is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.
  • Country-wise, India is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 29,863.0 million
Market revenue in 2030USD 53,434.1 million
Growth rate8.7% (CAGR from 2024 to 2030)
Largest segmentCherry
Fastest growing segmentCurcumin
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTurmeric, Rosemary, Ginseng, Aloe, Nutmeg, Sage, Garlic, Cranberry, Saw Palmetto, Cumin, Lecithin, Valerian, Cherry, Pygeum Africanum, Beet Root, Olive Leaf, Holy Basil, Elder Berry, Horehound, Lycium, Ginger, Orange, Cinnamon, Green Tea, Flax, Curcumin, Fenugreek Seed, Capsaicin, Anise, Ashwagandha, Kale

Other key industry trends

  • In terms of revenue, the North America accounted for 19.1% of the global herbal extract market in 2023.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, India is the fastest growing regional market and is projected to reach USD 9,952.8 million by 2030.

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Herbal Extract Market Companies

Name Profile # Employees HQ Website
Idobio Co. View profile 11-50 Xian Shi, Shaanxi, China, Asia http://www.idobio.com
Herbal Creations View profile 51-100 Naini Tal, Uttarakhand, India, Asia https://herbal-creations.com
Pioneer Enterprises View profile 51-100 Pune, Maharashtra, India, Asia https://www.pioneerentp.net
Bio Herbs View profile 51-100 Chía, Cundinamarca, Colombia, South America https://www.bioherbs.co
AllicinMedic View profile 1-10 Apeldoorn, Gelderland, The Netherlands, Europe https://www.allicinmedic.nl/
Vidya Herbs View profile 251-500 Bengaluru, Karnataka, India, Asia https://www.vidyaherbs.com
Alpspure Lifesciences View profile 11-50 New Delhi, Delhi, India, Asia https://www.alpspure.in
Botanic Healthcare View profile 101-250 Hyderabad, Andhra Pradesh, India, Asia https://www.botanichealthcare.net
Sydler View profile 11-50 Mumbai, Maharashtra, India, Asia http://www.sydlerindia.com
DohlerGroup View profile 5001-10000 Darmstadt, Hessen, Germany, Europe https://www.doehler.com/
Herbal Hills View profile 1-10 Kandivli, Maharashtra, India, Asia https://www.herbalhillswellness.com/
Martin Bauer Group View profile 1001-5000 Vestenbergsgreuth, Bayern, Germany, Europe https://www.martin-bauer-group.com/

Global herbal extract market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to herbal extract market will help companies and investors design strategic landscapes.


Cherry was the largest segment with a revenue share of 10.9% in 2021. Horizon Databook has segmented the Global herbal extract market based on turmeric, rosemary, ginseng, aloe, nutmeg, sage, garlic, cranberry, saw palmetto, cumin, lecithin, valerian, cherry, pygeum africanum, beet root, olive leaf, holy basil, elder berry, horehound, lycium, ginger, orange, cinnamon, green tea, flax, curcumin, fenugreek seed, capsaicin, anise, ashwagandha, kale covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Herbal Extract Product Outlook (Revenue, USD Million, 2018-2030)
    • Nutmeg
    • Sage
    • Saw Palmetto
    • Cumin
    • Pygeum Africanum
    • Beet Root
    • Holy Basil
    • Horehound
    • Ginseng
    • Aloe
    • Garlic
    • Lecithin
    • Lycium
    • Turmeric
    • Rosemary
    • Cherry
    • Olive Leaf
    • Elder Berry
    • Ginger
    • Orange
    • Cranberry
    • Valerian
    • Cinnamon
    • Others
    • Green Tea
    • Capsaicin
    • Anise
    • Kale
    • Flax
    • Curcumin
    • Fenugreek Seed
    • Ashwagandha
  • Global Herbal Extract Application Outlook (Revenue, USD Million, 2018-2030)
    • Food & Beverages
    • Pharmaceuticals
    • Nutraceuticals
    • Personal Care & Cosmetics
    • Animal Feed
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global herbal extract market , including forecasts for subscribers. This global databook contains high-level insights into Global herbal extract market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global herbal extract market size, by regions, 2018-2030 (US$M)

Top 10 countries: Herbal extract market size, 2021 (US$M)

Global herbal extract market share, by product, 2021 & 2030 (%, US$M)

Herbal extract market: Opportunity assessment by country

Global herbal extract market, by region, 2021 (US$M)

Global herbal extract market size, by regions, 2018-2030 (US$M)

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