Medicinal Plant Extracts Market Research Report-Forecast to 2027

Global Medicinal Plant Extracts Market Information: by Type (Spices, Essential Oils, Phytochemicals, Herbal Extracts and others), by Part (Leaf, Seed, Shell and others), by Application (Medicinal Products, Personal Care and others), by Form (Powder, Oil and others) and by Regions - Forecast to 2027

ID: MRFR/CR/2753-HCR | February 2021 | Region: Global | 110 pages

Impact of Covid-19 Outbreak on Medicinal Plant Extracts Market


The coronavirus disease has been declared as a worldwide epidemic by the World Health Organization (WHO). As of second week of May 2020, there are more than 4 million coronavirus cases with over 2,77,000 death rates across the globe. This disease has a variable impact in different countries depending on their cultural norms, mitigation efforts and health infrastructure and each country is working their way out to fight against the pandemic. However, there are various research studies stating the usefulness of medicinal plant extracts against coronavirus. The researchers are working on various medicinal plant extract to fight COVID-19. For instance, The Department of Thai Traditional Medicine and Government Pharmaceutical Organisation signed a memorandum of understanding on February 2020 on research into the medicinal plant Andrographis paniculate with an eye to developing a drug that can inhibit or kill the Covid-19 virus. Moreover, in India on April 2020, The Jawaharlal Nehru Tropical Botanical Garden and Research Institute (JNTBGRI) in Thiruvananthapuram district’s Palode has received the approval of Indian Council of Medical Research (ICMR), the nodal agency dealing with COVID-19 in India, to test whether extraction from plants could be effective in the treatment of the virus. Thus, these on-going research on medicinal plant extracts as a remedy to COVID-19 is contributing to the market growth of medicinal plant extracts.


Medicinal plant extracts are the substances which are majorly as well as widely used for treating diseases as they are used in medicines and in personal care products as well as others. Amid the constant fear and panic of COVID-19 pandemic, consumers are highly concerned of keeping a check on their health which is expected to increase the sales of dietary supplements across the globe. Moreover, consumer shift to plant-derived supplements is influencing the growth of medicinal plant extracts in the medicinal products.


In the current scenario, it has become important to boost the immunity to fight coronavirus along with maintaining hygiene and following all medical advisories that have been laid down. Even the guidelines provided by WHO (World Health Organization) in their COVID-19 analysis, they suggest the world population to consume immunity boosting foods. Thus, the demand for medicinal plant extracts carrying properties of boosting human immunity is at the surge in the pharmaceuticals & nutraceuticals industry.


However, the worldwide lockdown has also affected the farming practices which has highly impacted the supply of raw materials of medicinal plant extracts. Moreover, COVID-19 impact to logistics also contribute to the increased prices of raw materials which increases the cost for medicinal plant extracts manufacturers. With barriers to cross-border transportation of commodities in this pandemic situation, the manufacturers are highly dependent on local raw material suppliers which increases the bargaining power of the suppliers. Thus, the increased raw material prices followed by high demand for medicinal plant extracts would lead to an increased price of medicinal plant extracts for next few years.

1. Executive Summary

2. Market Introduction

2.1 Definition

2.2 Scope of the study

2.2.1 Research Objectives

2.2.2 Assumptions

2.2.3 Limitations

2.3 Markets Structure

2.4 Stakeholders

3. Impact of COVID-19 on the market

3.1 Impact on product availability

3.2 Impact on supply chain

3.3 Impact on store-based vs online sales

3.4 Impact on pricing

3.5 Impact on consumer buying behaviour

3.6 Short-term & long-term impact on market growth

4. Research Methodology

4.1 Research application

4.2 Secondary Research

4.3 Primary Research

4.4 Forecast Model

4.5 Market Size Estimation

5. Market Dynamics

5.1 Drivers

5.2 Restraints

5.3 Opportunities

5.4 Challenges

6. Market Trends

6.1 Trends in Supply/Certifications

6.2 Trends in Demand/Consumption

6.3 Emerging Markets (Supply & Demand)

6.5 Emerging Brands

6.5 Trade (Import-export) Analysis

6.6 Innovations in Certifications/application

6.7 Macroeconomic indicators Analysis for top 5 Producing countries

7. Market Factor Analysis

7.1 Introduction

7.2 Value Chain Analysis

7.3 Porter’s Five Forces

7.5 Supply Chain Analysis

8. Market by Type

8.1 Introduction

8.2 Market size (sub segments)

8.2.1 Spices

8.2.2 Essential Oils

8.2.3 Phytochemicals

8.2.5 Herbal Extracts

8.2.5 Others

9. Market by Part

9.1 Introduction

9.2 Market size (sub segments)

9.2.1 Leaf

9.2.2 Seed

9.2.3 Shell

9.2.5 Others

10. Market by Application

10.1 Introduction

10.2 Market size (sub segments)

10.2.1 Medicinal Products

10.2.2 Personal Care

10.2.3 Others

11. Market by Form

11.1 Introduction

11.2 Market size (sub segments)

11.2.1 Powder

11.2.2 Liquid

11.2.3 Oil

11.2.5 Others

12. Market by Region

12.1 Introduction

12.1.1 North America

12.1.1.1 U.S.

12.1.1.2 Canada

12.1.1.3 Mexico

12.2 Europe

12.2.1 Introduction

12.2.1.1 Germany

12.2.1.2 France

12.2.1.3 Italy

12.2.1.5 U.K

12.2.1.5 Rest of Europe

12.3 Asia Pacific

12.3.1 Introduction

12.3.1.1 China

12.3.1.2 India

12.3.1.3 Japan

12.3.1.5 Rest of Asia Pacific

12.5 RoW

12.5.1 Introduction

12.5.1.1 Brazil

12.5.1.2 Argentina

12.5.1.3 Egypt

12.5.1.5 South Africa

12.5.1.5 Others

13. Competitive landscape

13.1 Introduction

13.2 Certifications Launch/Development

13.3 Partnerships and collaborations

13.5 Acquisitions

13.5 Business Expansion

14. Company Profiles

14.1 Organic Herb Inc (China)

14.2 Plant Extracts International Inc (U.S.)

14.3 ARJUNA NATURAL EXTRACTS LTD (India)

14.5 Phytovation (U.K.)

14.5 Sigma-Aldrich Co. LLC (U.S.)

14.6 Indfrag (India)

14.7 KANCOR (India)

LIST OF TABLES

TABLE 1 PESTLE ANALYSIS - U.S.

TABLE 2 PESTLE ANALYSIS- IRELAND

TABLE 3 PESTLE ANALYSIS- CHINA

TABLE 5 PESTLE ANALYSIS- JAPAN

TABLE 5 PESTLE ANALYSIS- GERMANY

TABLE 6 KEY SUPPLIERS OF RAW MATERIALS FOR ORGANIC ORGANIC FERTILIZERS

TABLE 7 GLOBAL ORGANIC ORGANIC FERTILIZERS MARKET, BY TYPE, (2020–2027), USD MILLION

TABLE 8 GLOBAL ORGANIC ORGANIC FERTILIZERS MARKET, BY PART, (2020–2027), USD MILLION

TABLE 9 GLOBAL ORGANIC ORGANIC FERTILIZERS MARKET, BY APPLICATION, (2020–2027), USD MILLION

TABLE 10 GLOBAL ORGANIC ORGANIC FERTILIZERS MARKET, BY FORM, (2020–2027), USD MILLION

TABLE 11 GLOBAL ORGANIC ORGANIC FERTILIZERS SALES AND GROWTH RATE (2020–2027) USD MILLION

TABLE 12 GLOBAL ORGANIC ORGANIC FERTILIZERS MARKET TOP 5 COUNTRIES

TABLE 13 GLOBAL ORGANIC ORGANIC FERTILIZERS MARKET TOP COMPANIES-USD MILLION

TABLE 15 NORTH AMERICAN ORGANIC ORGANIC FERTILIZERS MARKET, BY TYPE, (2020–2027) USD MILLION

TABLE 15 NORTH AMERICAN ORGANIC ORGANIC FERTILIZERS MARKET, BY PART, (2020–2027) USD MILLION

TABLE 16 NORTH AMERICAN ORGANIC ORGANIC FERTILIZERS MARKET, BY APPLICATION, (2020–2027), USD MILLION

TABLE 17 NORTH AMERICAN ORGANIC ORGANIC FERTILIZERS MARKET, BY FORM, (2020–2027), USD MILLION

TABLE 18 EUROPEAN ORGANIC ORGANIC FERTILIZERS MARKET, BY TYPE, (2020–2027) USD MILLION

TABLE 19 EUROPEAN ORGANIC ORGANIC FERTILIZERS MARKET, BY PART, (2020–2027) USD MILLION

TABLE 20 EUROPEAN ORGANIC ORGANIC FERTILIZERS MARKET, BY APPLICATION, (2020–2027), USD MILLION

TABLE 21 EUROPEAN ORGANIC ORGANIC FERTILIZERS MARKET, BY FORM, (2020–2027), USD MILLION

TABLE 22 APAC ORGANIC ORGANIC FERTILIZERS MARKET, BY TYPE, (2020–2027) USD MILLION

TABLE 23 APAC ORGANIC ORGANIC FERTILIZERS MARKET, BY PART, (2020–2027) USD MILLION

TABLE 25 APAC ORGANIC ORGANIC FERTILIZERS MARKET, BY APPLICATION, (2020–2027), USD MILLION

TABLE 25 APAC ORGANIC ORGANIC FERTILIZERS MARKET, BY FORM, (2020–2027), USD MILLION

TABLE 26 REST OF THE WORLD ORGANIC ORGANIC FERTILIZERS MARKET, BY TYPE, (2020–2027) USD MILLION

TABLE 27 REST OF THE WORLD ORGANIC ORGANIC FERTILIZERS MARKET, BY PART (2020–2027) USD MILLION

TABLE 28 REST OF THE WORLD ORGANIC FERTILIZERS MARKET, BY APPLICATION, (2020–2027), USD MILLION

TABLE 29 REST OF THE WORLD ORGANIC ORGANIC FERTILIZERS MARKET, BY FORM, (2020–2027), USD MILLION

TABLE 30 COMPETITIVE LANDSCAPING BASED ON FINACIALS DURING THE YEAR 2016

LIST OF FIGURES

FIGURE 1 RESEARCH METHODOLOGY

FIGURE 2 PRIMARY DATA ANALYSIS APPROACH

FIGURE 3 SECONDARY DATA ANALYSIS APPROACH

FIGURE 5 TREND IN ORGANIC ORGANIC FERTILIZERS IMPORTS 2012-15

FIGURE 5 GROWTH RATE IN ORGANIC ORGANIC FERTILIZERS IMPORTS 2012-15

FIGURE 6 ORGANIC ORGANIC FERTILIZERS IMPORTS MARKET SHARE BY TOP 5 IMPORTERS (2012 VS 2015)

FIGURE 7 TREND IN ORGANIC ORGANIC FERTILIZERS EXPORTS 2012-15

FIGURE 8 GROWTH RATE ORGANIC ORGANIC FERTILIZERS EXPORTS 2012-15

FIGURE 9 ORGANIC ORGANIC FERTILIZERS EXPORTS MARKET SHARE BY TOP 5 EXPORTERS (2012 VS 2015)

FIGURE 10 VALUE CHAIN ANALYSIS

FIGURE 11 COST ANALYSIS: ORGANIC ORGANIC FERTILIZERS

FIGURE 12 PORTER’S FIVE FORCES ANALYSIS

FIGURE 13 ORGANIC ORGANIC FERTILIZERS MARKET TRENDS BY TYPE

FIGURE 15 ORGANIC ORGANIC FERTILIZERS MARKET TRENDS BY PART

FIGURE 15 ORGANIC ORGANIC FERTILIZERS MARKET TRENDS BY APPLICATION

FIGURE 16 ORGANIC ORGANIC FERTILIZERS MARKET TRENDS BY FORM

FIGURE 17 FINANCIALS