Rosemary Extract Market is predicted to reach USD 1.735 billion at a CAGR of 5.20% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Rosemary Extract Market”.

The Rosemary Extract market is estimated to register a CAGR of 5.20% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Rosemary Extract market— Kemin Industries, Inc., Geneham Pharmaceutical Co.,Ltd, International Flavors & Fragrances Inc., DuPont., Flavorchem Corporation, FLAVEX Naturextrakte GmbH, Kalsec Inc., Naturalin Bio-Resources Co., Ltd., Hunan E.K HERB Co., Ltd., Kerry Group plc.

Access full report @ https://www.marketresearchfuture.com/reports/rosemary-extract-market-13991

Market Highlights

The global Rosemary Extract market is accounted to register a CAGR of 5.20% during the forecast period and is estimated to reach USD 1.735 billion by 2032.

The rosemary extract market is experiencing robust growth driven by increasing consumer preference for natural and clean label ingredients in the food and beverage industry. As awareness of the health benefits of rosemary extract rises, its demand as a natural preservative with antioxidant properties is soaring. The expanding food and beverage sector, coupled with regulatory support and ongoing research and development, further contribute to the market's positive trajectory. Additionally, the versatility of rosemary extract, extending beyond food into cosmetic and pharmaceutical applications, adds to its market appeal and highlights its potential for diverse industries.

Segment Analysis

The global Rosemary Extract market has been segmented based on form, application and sales channel.

On the basis of form, the market is segmented into Liquid, Powder and Others. The liquid segment was attributed to holding the largest market share in 2022, due to their versatility and ease of incorporation across diverse industries.

Based on application, the global Rosemary Extract market has been segmented into Food, Beverages, Personal Care, Nutraceutical, Pharmaceutical and Others. The food segment was expected to hold the largest market share in 2022, due to its versatile use as a natural antioxidant and preservative.

Based on sales channel, the global Rosemary Extract market has been segmented into Direct Sales and Indirect Sales. The direct sales segment was expected to hold the largest market share in 2022, due to its ability to establish direct connections with consumers and provide personalized interactions.

Regional Analysis

The global Rosemary Extract market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Rosemary Extract market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Rosemary Extract market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Rosemary Extract market comprises of Middle East, Africa, and Latin America.

The largest market share for Rosemary Extract was maintained by the North American regional sector. This increase is attributed to a strong consumer shift towards natural and clean label products. The region's well-established food and beverage industry places a significant emphasis on incorporating natural preservatives like rosemary extract, aligning with consumer preferences for healthier choices. Moreover, a proactive regulatory environment and increased awareness of the antioxidant properties of rosemary extract contribute to its widespread adoption in North American markets.

Moreover, the Europe market has been persistently growing over the forecast period. The demand for Rosemary Extract is driven by a growing demand for natural and sustainable ingredients in the food and cosmetic industries. The region's emphasis on clean label products, coupled with rising consumer awareness of the health benefits associated with rosemary extract, fuels its adoption as a natural preservative and antioxidant.

Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period due to the region's burgeoning food and beverage industry and a growing consumer awareness of health and wellness. As consumers in Asia Pacific seek natural and functional ingredients, the antioxidant properties of rosemary extract make it increasingly popular, while the expanding processed food sector further propels its demand in the region.

Furthermore, the rest of the world's Rosemary Extract market is divided into the Middle East, Africa, and Latin America. This growth is attributed to the rising interest in healthy and natural ingredients, coupled with a growing awareness of the health benefits of rosemary extract, is driving its market growth.

Key Findings of the Study

• The global Rosemary Extract market is expected to reach USD 1.735 billion by 2032, at a CAGR of 5.20% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to the rising demand for natural and healthy ingredients in the food and beverage industry, coupled with the growing awareness of the antioxidant and preservative properties of rosemary extract.


• Based on form, the liquid segment was attributed to holding the largest market in 2022, with an approximate market share of 45–50%.


• Kemin Industries, Inc., Geneham Pharmaceutical Co.,Ltd, International Flavors & Fragrances Inc., DuPont., Flavorchem Corporation, FLAVEX Naturextrakte GmbH, Kalsec Inc., Naturalin Bio-Resources Co., Ltd., Hunan E.K HERB Co., Ltd., Kerry Group plc.