The global forskolin market size is estimated to reach USD 966.2 million by 2030, registering to grow at a CAGR of 11.8% from 2025 to 2030 according to a new report by Grand View Research, Inc. The growth is majorly driven by the rising demand from the pharmaceutical industry owing to its high medical value. The market is expected to grow because of end-users’ inclination from synthetically processed to naturally-derived ingredients. Forskolin has a wide range of application scope across various industries, such as food & beverages, pharmaceuticals, and cosmetics among others. It has been used as a traditional medicine in the field of ‘Ayurveda’ since ancient times, for the treatment of heart, abdominal, and respiratory diseases, among others.
Forskolin comes from the roots and stem of a plant named Coleus barbatus. This plant is from the mint family and can be found in some regions of Asia. Constant research and development activities carried out by major market players have proved its wide usability along with its advantages. During the COVID-19 pandemic, the pharmaceuticals and healthcare industries gained importance, thereafter, the demand for these products eventually increased. The increasing awareness among the growing population will also support the growth of this market. Materials with immense usage in the production of healthcare and medicinal products witness high demand in the market.
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The high purity segment captured the largest share of 67.7% in 2024, fueled by escalating consumer demand for premium-quality, effective supplements.
The dietary supplements application segment accumulated the largest share of 35.9% in 2024, owing to the growing consumer demand for natural weight management and wellness products.
Europe secured the largest market share of 32.6% in 2024, fueled by a surging demand for natural weight management solutions and increasing health-consciousness among consumers.
Grand View Research has segmented the global forskolin market based on purity, application, and region:
Forskolin Purity Outlook (Volume, Tons; Revenue, USD Thousand, 2018 - 2030)
Low
Medium
High
Forskolin Application Outlook (Volume, Tons; Revenue, USD Thousand, 2018 - 2030)
Food & Beverages
Cosmetics
Pharmaceuticals
Dietary Supplements
Others
Forskolin Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2018 - 2030)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
List of Key Players in Forskolin Market
Alchem International Ltd.
Nutra Green Biotechnology
Shaanxi Jiahe Phytochem
Glentham Life Sciences
Flavour Trove
Cymbio Pharma Pvt. Ltd.
Alpspure Lifesciences Pvt. Ltd.
Bioprex Labs
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