Natural Extracts Industry Outlook | Market Opportunities, Trends & Competitive Analysis To 2031

Market Size and Growth

✦ The market was valued at approximately USD$ 11.1 billion in 2022 and is on a trajectory to reach over USD$ 23.2 billion by 2031, reflecting strong, sustained growth. with a CAGR of 9.6% during the forecast period 2024-2031.

✦ The driving force behind this expansion is a combination of surging global demand, technological advancements, and significant investments in new infrastructure projects.

Mergers and Acquisition

A key trend is the development of bio-derived natural extracts from renewable sources like plant waste and algae to improve sustainability.

The India-based company OfBusiness acquired Elixir Extracts in April 2025, expanding its presence in the herb and spice-based products sector.

Major companies are investing in digital olfaction technology and AI to analyze and develop new benzenoid-based fragrance and flavor compounds.

Groupe Berkem launched a Global Plant Exploration program in late 2024 to advance botanical extract innovation through sustainable sourcing and traceability.

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The Natural Extracts includes bioactive compounds obtained from plants, herbs, fruits, and other natural sources, used in food, beverages, cosmetics, and pharmaceuticals for flavoring, coloring, preservation, and health benefits.

Key players:

The section also contains information related to the new product launches, mergers, acquisitions, collaborations, etc., to give a clear understanding about the competitive landscape prevailing in the global market. With an emphasis on strategies there have been several primary developments done by major companies such as

Symrise AG
Mane Kancor
Synthite Industries Ltd.
Ransom Naturals Ltd.
India Essential Oils
A.G. Industries
Flavex Naturextrakte GmbH
Arjuna Natural Pvt. Ltd.
Robertet Group
Sami Spices

Market Segments:

By Product: (Herbal Extracts, Essential Oils, Natural Colors, Oleoresins, Dried Crops)

By Application: (Personal Care & Cosmetics, Food & Beverage, Animal Feed, Pharmaceuticals, Nutraceuticals, Others)

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Research Process

Both primary and secondary data sources have been used in the global Natural Extracts Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Regional Analysis for Natural Extracts Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

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Chapter Outline

⏩ Market Overview: The report analyzes key drivers, challenges, and opportunities shaping the industry, providing a clear picture of the forces at play.

⏩ Market Landscape: A thorough evaluation of leading industry players, including their financial performance, key product offerings, and strategic initiatives

⏩ Companies Profiles: The global Natural Extracts market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: A detailed breakdown of market trends, size, and growth projections across major regions, including North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

⏩ Market Segments: An interpretation of how various segments by end-user, application, and type contribute to the market's overall value and growth..

⏩ Market Forecast: Production Side: Expert analysis on the production and value forecasts for the market, offering a glimpse into its trajectory.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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✅ Market Volatility & Emerging Risks Analysis
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✅ Import-Export Data Monitoring

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