Global Plant-based Api Market Size & Outlook, 2023-2030
The plant-based api industry worldwide is expected to reach a projected revenue of US$ 44,652.6 million by 2030. A compound annual growth rate of 5.9% is expected of the worldwide plant-based api industry from 2024 to 2030.
Revenue, 2023 (US$M)
$29,887.2
Forecast, 2030 (US$M)
$44,652.6
CAGR, 2024 - 2030
5.9%
Report Coverage
Worldwide
Global plant-based api market, 2018-2030 (US$M)
Related Markets
Global plant-based api market highlights
- The global plant-based api market generated a revenue of USD 29,887.2 million in 2023 and is expected to reach USD 44,652.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.9% by 2030.
- In terms of segment, pharmaceuticals accounted for a revenue of USD 18,922.6 million in 2023.
- Nutraceuticals is the most lucrative end use 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, Kuwait is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 29,887.2 million |
| Market revenue in 2030 | USD 44,652.6 million |
| Growth rate | 5.9% (CAGR from 2023 to 2030) |
| Largest segment | Pharmaceuticals |
| Fastest growing segment | Nutraceuticals |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pharmaceuticals, Nutraceuticals, Herbal Based Industries |
Other key industry trends
- In terms of revenue, the North America accounted for 34.1% of the global plant-based api market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Kuwait is the fastest growing regional market and is projected to reach USD 149.9 million by 2030.
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Plant-based API Market Scope
Plant-based api market segmentation & scope
Others
Plant-based API Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global plant-based api 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 plant-based api market will help companies and investors design strategic landscapes.
Pharmaceuticals was the largest segment with a revenue share of 63.31% in 2023. Horizon Databook has segmented the Global plant-based api market based on pharmaceuticals, nutraceuticals, herbal based industries covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Plant-based API End Use Outlook (Revenue, USD Million, 2018-2030)
- Pharmaceuticals
- Nutraceuticals
- Herbal Based Industries
- Others
- Global Plant-based API Molecule Type Outlook (Revenue, USD Million, 2018-2030)
- Alkaloids
- Anthocyanins
- Flavonoids
- Phenolic Acids
- Terpenoids
- Lignans and Stilbenes
- Others
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Our clientele includes a mix of plant-based api market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global plant-based api market , including forecasts for subscribers. This global databook contains high-level insights into Global plant-based api market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global plant-based api market size, by regions, 2018-2030 (US$M)
Top 10 countries: Plant-based api market size, 2023 (US$M)
Global plant-based api market share, by end use, 2023 & 2030 (%, US$M)
Plant-based Api Market: Opportunity Assessment By Country
Global plant-based api market, by region, 2023 (US$M)
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