The global medicinal plant extract market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The growth of this market is attributed to the increasing demand for natural products and herbal extracts in the pharmaceutical industry. The increasing awareness about medicinal plants and their benefits among consumers has also led to an increase in demand for these products.
The global medicinal plant extract market by type includes spices, essential oils, herbal extracts, phytochemicals, leafs, seeds and petals. The spices segment accounted for the largest share of this market in 2018 due to its wide range of applications such as flavoring food items or adding flavorings in beverages or sauces. Essential oils are used as fragrances or flavors in perfumes and cosmetics while herbal extracts are used as medicines or dietary supplements. Phytochemicals are compounds found naturally occurring in plants that have been shown to have beneficial effects on human health such as antioxidants which help protect cells from damage caused by free radicals that can lead to cancerous cells developing within the body.
Some Of The Growth Factors Of This Market:
- The global population is increasing, which will lead to an increase in the demand for medicinal plants.
- The rise of chronic diseases such as diabetes and cancer will also lead to an increase in the demand for medicinal plants.
- There is a growing interest in natural remedies, which will also lead to an increase in the demand for medicinal plants.
- There are many new drugs being developed that are based on plant extracts, which will also lead to an increase in the demand for medicinal plants.
- The rise of biotechnology companies that specialize in developing medicines from plant extracts.
Industry Growth Insights published a new data on “Medicinal Plant Extract Market”. The research report is titled “Medicinal Plant Extract Market research by Types (By Type, Spices, Essential Oils, Herbal Extracts, Phytochemicals, By Part, Leaf, Seed, Petal, Other), By Applications (Medicinal, Cosmetic, Personal Care, Other), By Players/Companies Organic Herb Inc, Plant Extracts International Inc, Indfrag, Phytovation, KANCOR, Sigma-Aldrich Co. LLC, Arjuna Natural Extracts Ltd”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medicinal Plant Extract Market Research Report
By Type
By Type, Spices, Essential Oils, Herbal Extracts, Phytochemicals, By Part, Leaf, Seed, Petal, Other
By Application
Medicinal, Cosmetic, Personal Care, Other
By Companies
Organic Herb Inc, Plant Extracts International Inc, Indfrag, Phytovation, KANCOR, Sigma-Aldrich Co. LLC, Arjuna Natural Extracts Ltd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Medicinal Plant Extract Market Report Segments:
The global Medicinal Plant Extract market is segmented on the basis of:
Types
By Type, Spices, Essential Oils, Herbal Extracts, Phytochemicals, By Part, Leaf, Seed, Petal, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medicinal, Cosmetic, Personal Care, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Organic Herb Inc
- Plant Extracts International Inc
- Indfrag
- Phytovation
- KANCOR
- Sigma-Aldrich Co. LLC
- Arjuna Natural Extracts Ltd
Highlights of The Medicinal Plant Extract Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- By Type
- Spices
- Essential Oils
- Herbal Extracts
- Phytochemicals
- By Part
- Leaf
- Seed
- Petal
- Other
- By Application:
- Medicinal
- Cosmetic
- Personal Care
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medicinal Plant Extract Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A medicinal plant extract is a product made from the whole or part of a medicinal plant.
Some of the major companies in the medicinal plant extract market are Organic Herb Inc, Plant Extracts International Inc, Indfrag, Phytovation, KANCOR, Sigma-Aldrich Co. LLC, Arjuna Natural Extracts Ltd.
The medicinal plant extract market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medicinal Plant Extract Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Medicinal Plant Extract Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Medicinal Plant Extract Market - Supply Chain
4.5. Global Medicinal Plant Extract Market Forecast
4.5.1. Medicinal Plant Extract Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medicinal Plant Extract Market Size (000 Units) and Y-o-Y Growth
4.5.3. Medicinal Plant Extract Market Absolute $ Opportunity
5. Global Medicinal Plant Extract Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Medicinal Plant Extract Market Size and Volume Forecast by Type
5.3.1. By Type
5.3.2. Spices
5.3.3. Essential Oils
5.3.4. Herbal Extracts
5.3.5. Phytochemicals
5.3.6. By Part
5.3.7. Leaf
5.3.8. Seed
5.3.9. Petal
5.3.10. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Medicinal Plant Extract Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Medicinal Plant Extract Market Size and Volume Forecast by Application
6.3.1. Medicinal
6.3.2. Cosmetic
6.3.3. Personal Care
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Medicinal Plant Extract Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Medicinal Plant Extract Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Medicinal Plant Extract Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Medicinal Plant Extract Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Medicinal Plant Extract Demand Share Forecast, 2019-2026
9. North America Medicinal Plant Extract Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Medicinal Plant Extract Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Medicinal Plant Extract Market Size and Volume Forecast by Application
9.4.1. Medicinal
9.4.2. Cosmetic
9.4.3. Personal Care
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Medicinal Plant Extract Market Size and Volume Forecast by Type
9.7.1. By Type
9.7.2. Spices
9.7.3. Essential Oils
9.7.4. Herbal Extracts
9.7.5. Phytochemicals
9.7.6. By Part
9.7.7. Leaf
9.7.8. Seed
9.7.9. Petal
9.7.10. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Medicinal Plant Extract Demand Share Forecast, 2019-2026
10. Latin America Medicinal Plant Extract Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Medicinal Plant Extract Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Medicinal Plant Extract Market Size and Volume Forecast by Application
10.4.1. Medicinal
10.4.2. Cosmetic
10.4.3. Personal Care
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Medicinal Plant Extract Market Size and Volume Forecast by Type
10.7.1. By Type
10.7.2. Spices
10.7.3. Essential Oils
10.7.4. Herbal Extracts
10.7.5. Phytochemicals
10.7.6. By Part
10.7.7. Leaf
10.7.8. Seed
10.7.9. Petal
10.7.10. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Medicinal Plant Extract Demand Share Forecast, 2019-2026
11. Europe Medicinal Plant Extract Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Medicinal Plant Extract Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Medicinal Plant Extract Market Size and Volume Forecast by Application
11.4.1. Medicinal
11.4.2. Cosmetic
11.4.3. Personal Care
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Medicinal Plant Extract Market Size and Volume Forecast by Type
11.7.1. By Type
11.7.2. Spices
11.7.3. Essential Oils
11.7.4. Herbal Extracts
11.7.5. Phytochemicals
11.7.6. By Part
11.7.7. Leaf
11.7.8. Seed
11.7.9. Petal
11.7.10. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Medicinal Plant Extract Demand Share, 2019-2026
12. Asia Pacific Medicinal Plant Extract Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Medicinal Plant Extract Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Medicinal Plant Extract Market Size and Volume Forecast by Application
12.4.1. Medicinal
12.4.2. Cosmetic
12.4.3. Personal Care
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Medicinal Plant Extract Market Size and Volume Forecast by Type
12.7.1. By Type
12.7.2. Spices
12.7.3. Essential Oils
12.7.4. Herbal Extracts
12.7.5. Phytochemicals
12.7.6. By Part
12.7.7. Leaf
12.7.8. Seed
12.7.9. Petal
12.7.10. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Medicinal Plant Extract Demand Share, 2019-2026
13. Middle East & Africa Medicinal Plant Extract Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Medicinal Plant Extract Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Medicinal Plant Extract Market Size and Volume Forecast by Application
13.4.1. Medicinal
13.4.2. Cosmetic
13.4.3. Personal Care
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Medicinal Plant Extract Market Size and Volume Forecast by Type
13.7.1. By Type
13.7.2. Spices
13.7.3. Essential Oils
13.7.4. Herbal Extracts
13.7.5. Phytochemicals
13.7.6. By Part
13.7.7. Leaf
13.7.8. Seed
13.7.9. Petal
13.7.10. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Medicinal Plant Extract Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Medicinal Plant Extract Market: Market Share Analysis
14.2. Medicinal Plant Extract Distributors and Customers
14.3. Medicinal Plant Extract Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Organic Herb Inc
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Plant Extracts International Inc
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Indfrag
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Phytovation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. KANCOR
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sigma-Aldrich Co. LLC
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Arjuna Natural Extracts Ltd
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
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