Botanicals Market Size
Market Size in USD Bn
CAGR6.7%
| Study Period | 2025-2032 |
| Base Year of Estimation | 2024 |
| CAGR | 6.7% |
| Market Concentration | High |
| Major Players | DSM, AmbePhytoextracts, Berje, Indesso, Lipoid Kosmetic and Among Others |
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Botanicals Market Analysis
The Global Botanicals Market is estimated to be valued at USD 119.84 Billion in 2025 and is expected to reach USD 188.69 Billion by 2032, growing at a compound annual growth rate (CAGR) of 6.7% from 2025 to 2032. Increasing awareness about the medicinal properties and various health benefits of botanicals is driving more consumers to use botanical products. There is rising demand for botanical supplements and ingredients that support immunity, gut health, memory and heart health. Many major personal care and food & beverage brands are focusing on introducing novel product lines containing botanical extracts.
The market is witnessing positive trends like increased R&D activities focused on identifying new botanicals and their properties. Many startups are entering the space and developing innovative products containing natural botanical extracts. The COVID-19 pandemic has further boosted the market as consumers are looking to boost their immunity through botanical products.