Pharmaceutical Plant Extracts Market size was valued at USD 2.5 Billion in 2024 and is forecasted to grow at a CAGR of 7.5% from 2026 to 2033, reaching USD 4.8 Billion by 2033.
The global pharmaceutical plant extracts market has experienced significant growth, with its size valued at USD 30.87 billion in 2023. Projections indicate that the market will reach USD 71.93 billion by 2031, reflecting a compound annual growth rate (CAGR) of 11.34% from 2024 to 2031. This growth is driven by increasing consumer preference for natural and plant based medicines, advancements in extraction technologies, and a rising emphasis on preventive healthcare. Regionally, Asia Pacific has emerged as a dominant force in the market. In 2021, the region accounted for a significant share of the global plant extracts market, driven by robust local and international demand. Countries like India and China contribute substantially, with India producing over 60,000 generic drugs across 60 therapeutic categories and exporting pharmaceutical products worth $25.3 billion in the 2022 2023 financial year. Europe also holds a substantial market share, with countries such as Germany, Italy, and France leading the demand for plant based medicines. North America follows closely, with a strong nutraceuticals industry in the U.S. and Canada propelling the demand for various plant extracts.
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Indena
Network
Schwabe
Pharmachem
Naturex
Ipsen
Provital Group
Bioforce
Euromed
Sabinsa
Tsumura&Co
Chenguang Biotech
Rainbow
BGG
Organic Herb
Conba Group
Gaoke Group
JiaHerb
Green-Health
Lgberry
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Pharmaceutical Plant Extracts Market
Plant-based Extracts
Herbal-based Extracts
Flower-based Extracts
Root-based Extracts
Leaf-based Extracts
Organic Plant Extracts
Synthetic Plant Extracts
Pharmaceutical
Cosmetics and Personal Care
Food and Beverages
Dietary Supplements
Liquid Extracts
Powder Extracts
Solid Extracts
Solvent Extraction
Steam Distillation
Cold Press Extraction
Supercritical Fluid Extraction
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Pharmaceutical Plant Extracts Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Pharmaceutical Plant Extracts Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Pharmaceutical Plant Extracts Market, By Type
6. Global Pharmaceutical Plant Extracts Market, By Application
7. Global Pharmaceutical Plant Extracts Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Pharmaceutical Plant Extracts Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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