UAE Plant-based Api Market Size & Outlook, 2023-2030

The plant-based api market in the UAE is expected to reach a projected revenue of US$ 145.3 million by 2030. A compound annual growth rate of 3% is expected of the UAE plant-based api market from 2024 to 2030.
Revenue, 2023 (US$M)
$117.9
Forecast, 2030 (US$M)
$145.3
CAGR, 2024 - 2030
3%
Report Coverage
UAE

UAE plant-based api market highlights

  • The UAE plant-based api market generated a revenue of USD 117.9 million in 2023 and is expected to reach USD 145.3 million by 2030.
  • The UAE market is expected to grow at a CAGR of 3% from 2024 to 2030.
  • In terms of segment, pharmaceuticals was the largest revenue generating end use in 2023.
  • Nutraceuticals is the most lucrative end use segment registering the fastest growth during the forecast period.

Plant-based api market data book summary

Market revenue in 2023USD 117.9 million
Market revenue in 2030USD 145.3 million
Growth rate3% (CAGR from 2023 to 2030)
Largest segmentPharmaceuticals
Fastest growing segmentNutraceuticals
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPharmaceuticals, Nutraceuticals, Herbal Based Industries
Key market players worldwideBasf SE, Evonik Industries AG, Cargill, Kothari Petrochemicals, Brains Bioceutical, Indo Phytochem Pharmaceuticals, Hempharm, Roquette America, Arboris, Givaudan SA

Other key industry trends

  • In terms of revenue, UAE accounted for 0.4% of the global plant-based api market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Middle East & Africa, Saudi Arabia plant-based api market is projected to lead the regional market in terms of revenue in 2030.
  • Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 455.3 million by 2030.

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Plant-based API Market Companies

Name Profile # Employees HQ Website

UAE 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 63.27% in 2023. Horizon Databook has segmented the UAE plant-based api market based on pharmaceuticals, nutraceuticals, herbal based industries covering the revenue growth of each sub-segment from 2018 to 2030.


  • UAE Plant-based API End Use Outlook (Revenue, USD Million, 2018-2030)
    • Pharmaceuticals
    • Nutraceuticals
    • Herbal Based Industries
    • Others
  • UAE 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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Target buyers of UAE plant-based api market databook

  • Our clientele includes a mix of plant-based api market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 country-level data and insights on the UAE plant-based api market , including forecasts for subscribers. This country databook contains high-level insights into UAE plant-based api market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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UAE plant-based api market size, by end use, 2018-2030 (US$M)

UAE Plant-based API Market Outlook Share, 2023 & 2030 (US$M)

UAE plant-based api market size, by end use, 2018-2030 (US$M)

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