Middle East & Africa Plant-based Api Market Size & Outlook
Related Markets
MEA plant-based api market highlights
- The MEA plant-based api market generated a revenue of USD 1,702.5 million in 2024.
- The market is expected to grow at a CAGR of 6.5% from 2025 to 2033.
- In terms of segment, pharmaceuticals was the largest revenue generating end use in 2024.
- Nutraceuticals is the most lucrative end use segment registering the fastest growth during the forecast period.
- Country-wise, Kuwait is expected to register the highest CAGR from 2025 to 2033.
MEA data book summary
| Market revenue in 2024 | USD 1,702.5 million |
| Market revenue in 2033 | USD 3,014.3 million |
| Growth rate | 6.5% (CAGR from 2025 to 2033) |
| Largest segment | Pharmaceuticals |
| Fastest growing segment | Nutraceuticals |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pharmaceuticals, Nutraceuticals, Herbal Based Industries |
| Key market players worldwide | Basf SE, Evonik Industries AG, Cargill, Kothari Petrochemicals, Brains Bioceutical, Indo Phytochem Pharmaceuticals, Hempharm, Roquette America, Arboris, Givaudan SA |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.4% of the global plant-based api market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2033.
- MEA is the fastest growing regional market and is projected to reach USD 3,014.3 million by 2033.
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Plant-based API Market Scope
Plant-based API Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Arboris | View profile | 11-50 | Savannah, Georgia, United States, North America | https://www.arboris-us.com |
| Hempharm | View profile | 1-10 | Merlin, Oregon, United States, North America | http://hempharm.com |
| Indo Phytochem Pharmaceuticals | View profile | 11-50 | Kala Amb, Himachal Pradesh, India, Asia | https://www.indophytochem.com |
| Brains Bioceutical | View profile | 11-50 | Vancouver, British Columbia, Canada, North America | https://brainsbioceutical.com/ |
| Kothari Petrochemicals | View profile | 51-100 | Chennai, Tamil Nadu, India, Asia | http://www.kotharipetrochemicals.com |
| Roquette America | View profile | 5001-10000 | Gurnee, Illinois, United States, North America | https://www.roquette.com/ |
| Givaudan SA | View profile | 16263 | Chemin de la Parfumerie 5, Vernier, Switzerland, 1214 | https://www.givaudan.com |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
| Evonik Industries AG | View profile | 33409 | Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 | https://www.evonik.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
Middle East & Africa plant-based api 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 plant-based api market will help companies and investors design strategic landscapes.
Pharmaceuticals was the largest segment with a revenue share of 67.6% in 2024. Horizon Databook has segmented the Middle East & Africa plant-based api market based on pharmaceuticals, nutraceuticals, herbal based industries covering the revenue growth of each sub-segment from 2021 to 2033.
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Our clientele includes a mix of plant-based api market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa plant-based api market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa plant-based api market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
MEA plant-based api market size, by country, 2021-2033 (US$M)
Middle East & Africa Plant-based API Market Outlook Share, 2024 & 2033 (US$M)
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