United States Herbal Extracts Market was valued at USD 2.7 Billion in 2022 and is projected to reach USD 4.9 Billion by 2030, growing at a CAGR of 7.9% from 2024 to 2030.
The US Herbal Extracts Market is witnessing rapid growth due to rising consumer demand for natural and plant-based products. This trend is driven by increasing awareness about the health benefits of herbal extracts, which are believed to promote overall well-being and manage specific health conditions. The market includes a wide range of herbal extracts, from common herbs like ginseng and echinacea to exotic ones such as turmeric and ashwagandha. The rise of plant-based diets and organic wellness trends has significantly contributed to the expansion of this market.
Herbal extracts are typically used in dietary supplements, functional foods, beverages, and cosmetics. In fact, the dietary supplements segment is one of the largest consumers of herbal extracts, as people look to herbal alternatives for boosting immunity, improving digestion, and supporting mental clarity. With the growing demand for natural wellness solutions, more brands are incorporating these ingredients into their product lines, further fueling market expansion.
Several factors have been driving the market's growth. For one, increasing consumer awareness of the dangers of synthetic ingredients in food and personal care products has pushed many toward herbal alternatives. Additionally, the rise of e-commerce has made it easier for consumers to access a variety of herbal products, contributing to market expansion. According to recent market reports, the US Herbal Extracts Market is expected to continue growing at a robust pace, with increasing investments from both established brands and startups.
The key players in the market are focusing on innovations to cater to the increasing demand for high-quality herbal extracts. Companies are enhancing their extraction methods, creating new formulations, and improving product efficacy to stay competitive. This market is also seeing a rise in demand for organic and ethically sourced extracts, as consumers become more conscious of sustainability and product origins.
As the demand for health-conscious alternatives grows, it’s clear that the US Herbal Extracts Market will continue to expand in the coming years. Like the growing interest in sectors like the 100 Gigabit Fiber Optic Transceiver Market, herbal extracts are carving out their own niche in the wellness industry, promising substantial opportunities for investors and businesses.
Get an In-Depth Research Analysis of the US Herbal Extracts Market Size And Forecast [2025-2032]
Martin Bauer
Indena
Euromed
Naturex
Bio-Botanica
Maypro
Sabinsa
Pharmchem (Avocal Inc.)
Natural
Xi’an Shengtian
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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 US Herbal Extracts Market
Herbal Powder Extracts
Herbal Liquid Extracts
Herbal Dry Extracts
Pharmaceuticals
Food and Beverages
Cosmetics and Personal Care
Dietary Supplements
Capsules
Tablets
Syrups
Powders
Creams
Herbs
Flowers
Roots
Seeds
Leaves
Solvent Extraction
Cold Press Extraction
Steam Distillation
Supercritical Fluid Extraction
Others
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 US Herbal 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. US Herbal Extracts Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Herbal Extracts Market, By Type
6. US Herbal Extracts Market, By Application
7. US Herbal Extracts Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Herbal Extracts Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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