Global Botanical Ingredients Market Size & Outlook
The botanical ingredients industry worldwide is expected to reach a projected revenue of US$ 281,415.4 million by 2030. A compound annual growth rate of 7% is expected of the worldwide botanical ingredients industry from 2024 to 2030.
Revenue, 2023 (US$M)
$175,444.7
Forecast, 2030 (US$M)
$281,415.4
CAGR, 2024 - 2030
7%
Report Coverage
Worldwide
Global botanical ingredients market, 2018-2030 (US$M)
Related Markets
Global botanical ingredients market highlights
- The global botanical ingredients market generated a revenue of USD 175,444.7 million in 2023 and is expected to reach USD 281,415.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7% by 2030.
- In terms of segment, powder accounted for a revenue of USD 105,698.4 million in 2023.
- Liquid is the most lucrative form segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 175,444.7 million |
| Market revenue in 2030 | USD 281,415.4 million |
| Growth rate | 7% (CAGR from 2023 to 2030) |
| Largest segment | Powder |
| Fastest growing segment | Liquid |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Powder, Liquid |
Other key industry trends
- In terms of revenue, the North America accounted for 34.5% of the global botanical ingredients market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 61,070.1 million by 2030.
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Botanical Ingredients Market Scope
Botanical ingredients market segmentation & scope
Bakery & Confectionery
Sauces & Dressings
Others
Energy Drinks
Sports Drinks
Functional Juices
Others
Dietary Supplements
Personal Care & Cosmetics
Pharmaceuticals
Others
Botanical Ingredients Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global botanical ingredients market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to botanical ingredients market will help companies and investors design strategic landscapes.
Powder was the largest segment with a revenue share of 60.25% in 2023. Horizon Databook has segmented the Global botanical ingredients market based on powder, liquid covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Botanical Ingredients Form Outlook (Revenue, USD Million, 2018-2030)
- Powder
- Liquid
- Global Botanical Ingredients Source Outlook (Revenue, USD Million, 2018-2030)
- Herbs
- Leaves
- Spices
- Flowers
- Others
- Global Botanical Ingredients Application Outlook (Revenue, USD Million, 2018-2030)
- Food & Beverages
- Food
- Bakery & Confectionery
- Sauces & Dressings
- Others
- Beverages
- Energy Drinks
- Sports Drinks
- Functional Juices
- Others
- Food
- Dietary Supplements
- Personal Care & Cosmetics
- Pharmaceuticals
- Others
- Food & Beverages
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Target buyers of Global botanical ingredients market databook
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Our clientele includes a mix of botanical ingredients market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global botanical ingredients market , including forecasts for subscribers. This global databook contains high-level insights into Global botanical ingredients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global botanical ingredients market size, by regions, 2018-2030 (US$M)
Top 10 countries: Botanical ingredients market size, 2023 (US$M)
Global botanical ingredients market share, by form, 2023 & 2030 (%, US$M)
Botanical Ingredients Market: Opportunity Assessment By Country
Global botanical ingredients market, by region, 2023 (US$M)
Related regional statistics
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