United States Natural Extracts Market 2025 | Growth Drivers, Key Players & Investment Opportunities

Market Size and Growth

The Global Natural Extracts Market reached US$ 11.1 billion in 2022 and is expected to reach US$ 23.2 billion by 2030, growing with a CAGR of 9.6% during the forecast period 2024-2031.

Key Development:

Natural Extracts Industry: Recent Developments

United States

✅ In August 2025 - Gaia Herbs expanded its portfolio by acquiring a U.S.-based functional mushroom startup. This strategic move aims to enhance its natural wellness product offerings, catering to the growing demand for plant-based health solutions.

✅ In July 2025 - Healthy Extracts anticipates record sales for Q2 2025, driven by the launch of three new product formulations targeting sleep and gut health. These products are poised to contribute significantly to the company's revenue growth and profitability.

✅ In July 2025 - BioVivo Science inaugurated a 100,000 sq ft cGMP-certified botanical extraction facility in Jeffersonville, Indiana. This $70 million investment aims to enhance domestic production and supply chain traceability, focusing on U.S.-grown American ginseng.

Japan

✅ In August 2025 - Morinaga launched functional mushroom-based beverages in Japan, targeting immunity and mental focus. This initiative reflects the growing consumer interest in natural, plant-based wellness products in the Japanese market.

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Natural Extracts are concentrated substances obtained from plants, herbs, fruits, or other natural sources, rich in bioactive compounds such as antioxidants, vitamins, and phytochemicals. They are widely used in food and beverages, dietary supplements, cosmetics, pharmaceuticals, and functional products to provide flavor, color, aroma, and health benefits. Growing consumer demand for clean-label, plant-based, and wellness-focused products is driving innovation and adoption of natural extracts across multiple industries.

Recent Mergers and Acquisitions

United States: Recent M&A in Natural Extracts

✅In August 2025 - Reliance Consumer Products Limited (RCPL), the FMCG division of Reliance Industries Limited (RIL), acquired a majority stake in Naturedge Beverages Private Limited. This strategic move marks RCPL's entry into the herbal and functional beverage market, aligning with the growing consumer preference for wellness and herb-based drinks.

✅ In February 2025 - Sabinsa Corporation acquired Nature's Formulary, an Ayurvedic wellness brand. This acquisition enhances Sabinsa's portfolio in the natural health sector, combining Nature's Formulary's expertise in Ayurvedic formulations with Sabinsa's advanced research and development capabilities.

✅ In December 2024 - CV Sciences, Inc., specializing in hemp extracts and other science-backed natural ingredients, entered into a definitive purchase agreement to acquire Extract Labs. This acquisition aims to expand CV Sciences' product offerings in the natural extracts market.

Japan: Recent M&A in Natural Extracts & Wellness

✅ In August 2025 - Bioriginal Food & Science Corp, a subsidiary of Cooke Inc., acquired a Japanese company specializing in plant-based oils and extracts. This strategic move expands Bioriginal's presence in Asia, enhancing its capabilities in the natural ingredients sector.

✅ In July 2025 - Mitsubishi Corporation, through its subsidiary Cermaq, acquired salmon farming operations from Norway's Grieg Seafood for $1 billion. This acquisition positions Cermaq as the world's second-largest salmon farming group, aligning with the growing global demand for sustainable protein sources.

✅ In June 2025 - ITC Limited announced the completion of its acquisition of Sresta Natural Bioproducts Private Ltd (SNBPL) for up to ₹472.5 crore. This acquisition strengthens ITC's presence in the organic and natural food segment, aligning with its diversification strategy.

✅ In May 2025 - Shionogi Inc. finalized an agreement to acquire Japan Tobacco Inc.'s pharmaceutical business, including Torii Pharmaceutical. This acquisition aims to strengthen Shionogi's capabilities in drug discovery and development, particularly in small molecule drugs.

✅ In March 2025 - Asahi Group Foods, a subsidiary of Asahi Group Holdings, signed a share transfer agreement to acquire 100% of Leiber GmbH, a German company specializing in brewer's yeast-related products. This acquisition enhances Asahi's presence in the global yeast market.

Key Players:

-> 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 and Sami Spices.

Growth Forecast Projected:

The Global Natural Extracts Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

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.

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Key Segments:

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

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

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)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Natural Extracts producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Natural Extracts revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ

What is the current size of the Natural Extracts Market?

A: In 2022, the Natural Extracts Market was valued at US$ 11.1 billion , reflecting its strong industry presence.

Q2: How large is the Natural Extracts Market expected to be by 2030?

A: By 2030, industry forecasts suggest the Natural Extracts Market will grow to around US$ 23.2 billion , demonstrating significant expansion.

Q3: What is the growth rate of the Natural Extracts Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 9.6% during the forecast period from 2024 to 2031.

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