Botanical Ingredients Market - Forecasts from 2025 to 2030

The botanical ingredients market is estimated at US$206.538 million in 2025 and is expected to grow at a CAGR of 7.14%, attaining US$291.538 million by 2030.

Botanical ingredients are natural components derived from various parts of plants, including herbs, roots, leaves, seeds, and fruits. These ingredients find applications across multiple sectors, such as cosmetics, personal care, and food and beverages. They are also utilized in the preparation of botanical drugs and essential oils. The global market offers a diverse range of botanical ingredients, including essential oils, extracts, and plant essences. In the skincare and personal care sectors, botanical ingredients are known for their ability to enhance nourishment and hydration while providing a rich source of vitamins and antioxidants. The increasing demand for cosmetics and personal care products is a significant factor driving the growth of the botanical ingredients market. Ingredients like essential oils, leaves, and seeds play a crucial role in various cosmetic and skincare products. Additionally, the rising consumer preference for herbal remedies is expected to further boost market growth.

Key Drivers of the Botanical Ingredients Market

• Growing Demand for Cosmetics and Personal Care Products: The global demand for cosmetics and personal care items is a primary driver of the botanical ingredient market. These ingredients are widely used in products such as fragrances, serums, essential oils, and moisturizers. They provide high levels of antioxidants and act as anti-inflammatory agents, offering benefits for various skin conditions like rosacea, photoaging, and skin cancer.

The cosmetics and personal care sector has seen significant growth, particularly in developing economies such as India, Vietnam, and Brazil. According to a report from the Cosmetic, Toiletry, and Perfumery Association, the total cosmetics market in the UK and Europe reached EUR 96 billion in 2023, with a growth rate of 9.1%, up from 7.5% in 2022. Lithuania experienced the highest growth rate at approximately 19.4%, followed by Hungary at 18.3% and Bulgaria at 15%. Germany and France remain dominant players in the European cosmetics market with sales totaling EUR 15.853 billion and EUR 13.749 billion respectively.

Geographical Outlook

The Asia Pacific region is expected to hold a significant share of the global botanical ingredients market due to the rising demand for herbal ingredients across various sectors such as food, beverages, pharmaceuticals, and cosmetics. India stands out as a major producer and adopter of herbal products. The Indian government has implemented policies and initiatives to promote the production and use of herbal ingredients in multiple sectors, particularly in pharmaceuticals and cosmetics. Additionally, the increasing demand for cosmetics and personal care products in this region is anticipated to further drive growth in the botanical ingredients market during the forecast period.

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Report Coverage:

• Historical data & forecasts from 2022 to 2030
• Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
• Competitive Positioning, Strategies, and Market Share Analysis
• Revenue Growth and Forecast Assessment of segments and regions including countries
• Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

The Botanical Ingredients Market is segmented and analyzed as:

• By Type
  • Plant Extract
  • Essential Oils
  • Others
• By Ingredient Source
  • Herbs
  • Roots
  • Leaves
  • Seeds
  • Nuts
  • Berries
  • Others
• By Application
  • Food and Beverage
  • Pharmaceutical
  • Personal Care and Cosmetics
  • Animal Care
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Spain
    • Italy
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Indonesia
    • Thailand
    • Taiwan
    • Others