Plant Extract Market
The plant extract market consists of naturally derived, concentrated substances from plants used for their functional, therapeutic, or nutritional benefits. Key customers include the food & beverage, cosmetics, pharmaceutical, and dietary supplement industries. Growth is primarily driven by rising consumer demand for clean-label, plant-based products, a growing focus on wellness and sustainability, and ongoing innovation in extraction technologies to improve yield and purity.
CAGR
11.3%
Compound Annual Growth Rate
Current Value
$53.0B
Estimated 2026
Projected Value
$124.9B
By 2034
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