Global Plant-based Api Market Size & Outlook, 2025-2033

The global plant-based api market size was estimated at USD 31,782.8 million in 2024 and is projected to reach USD 53,209.6 million by 2033, growing at a CAGR of 5.9% from 2025 to 2033.
Revenue, 2024 (US$M)
$31,782.8
Forecast, 2033 (US$M)
$53,209.6
CAGR, 2025 - 2033
5.9%
Report Coverage
Worldwide

Global plant-based api market, 2021-2033 (US$M)

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Global plant-based api market highlights

  • The global plant-based api market generated a revenue of USD 31,782.8 million in 2024 and is expected to reach USD 53,209.6 million by 2033.
  • The market is expected to grow at a CAGR (2025 - 2033) of 5.9% by 2033.
  • In terms of segment, pharmaceuticals accounted for a revenue of USD 21,320.2 million in 2024.
  • 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 2024.
  • Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2033.

Global data book summary

Market revenue in 2024USD 31,782.8 million
Market revenue in 2033USD 53,209.6 million
Growth rate5.9% (CAGR from 2025 to 2033)
Largest segmentPharmaceuticals
Fastest growing segmentNutraceuticals
Historical data covered2021 - 2023
Base year for estimation2024
Forecast period covered2025 - 2033
Quantitative unitsRevenue in USD million
Market segmentationPharmaceuticals, 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 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2033.
  • By country, Mexico is the fastest growing regional market and is projected to reach USD 510.6 million by 2033.

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Plant-based API Market Scope

Plant-based api market segmentation & scope
Pharmaceuticals
Nutraceuticals
Herbal Based Industries
Others
Alkaloids
Anthocyanins
Flavonoids
Phenolic Acids
Terpenoids
Lignans and Stilbenes
Others

Plant-based API Market Companies

Name Profile # Employees HQ Website
Arboris View profile 11-50 Savannah, Georgia, United States, North America https://www.arboris-us.com
Hempharm View profile 1-10 Merlin, Oregon, United States, North America http://hempharm.com
Indo Phytochem Pharmaceuticals View profile 11-50 Kala Amb, Himachal Pradesh, India, Asia https://www.indophytochem.com
Brains Bioceutical View profile 11-50 Vancouver, British Columbia, Canada, North America https://brainsbioceutical.com/
Kothari Petrochemicals View profile 51-100 Chennai, Tamil Nadu, India, Asia http://www.kotharipetrochemicals.com
Roquette America View profile 5001-10000 Gurnee, Illinois, United States, North America https://www.roquette.com/
Givaudan SA View profile 16263 Chemin de la Parfumerie 5, Vernier, Switzerland, 1214 https://www.givaudan.com
Cargill View profile 10001+ Minneapolis, Minnesota, United States, North America http://www.cargill.com
Evonik Industries AG View profile 33409 Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 https://www.evonik.com
Basf SE View profile 111855 Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 https://www.basf.com

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 67.08% in 2024. 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 2021 to 2033.


  • Global Plant-based API End Use Outlook (Revenue, USD Million, 2021-2033)
    • Pharmaceuticals
    • Nutraceuticals
    • Herbal Based Industries
    • Others
  • Global Plant-based API Molecule Type Outlook (Revenue, USD Million, 2021-2033)
    • Alkaloids
    • Anthocyanins
    • Flavonoids
    • Phenolic Acids
    • Terpenoids
    • Lignans and Stilbenes
    • Others

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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 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Global plant-based api market size, by regions, 2021-2033 (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, 2024 (US$M)

Global plant-based api market size, by regions, 2021-2033 (US$M)

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