• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor

    India Botanical Extracts Market

    ID: MRFR/F-B & N/46034-HCR
    128 Pages
    Snehal Singh
    September 2025

    India Botanical Extracts Market Research Report: By Form (Powder, Liquid), By Source (Herbs & Spices, Fruits), andBy Application (Food, Beverages, Personal Care, Pharmaceuticals & Nutraceuticals)- Forecast to 2035

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    India Botanical Extracts Market Research Report - Forecast Till 2035 Infographic
    Purchase Options
    $ 4,950.0
    $ 5,950.0
    $ 7,250.0

    India Botanical Extracts Market Summary

    The India Botanical Extracts market is projected to grow significantly from 447.5 USD Million in 2024 to 1007.7 USD Million by 2035.

    Key Market Trends & Highlights

    India Botanical Extracts Key Trends and Highlights

    • The market is expected to achieve a compound annual growth rate (CAGR) of 7.66 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 1007.7 USD Million, indicating robust growth potential.
    • In 2024, the market is valued at 447.5 USD Million, reflecting a strong foundation for future expansion.
    • Growing adoption of natural ingredients in cosmetics and personal care products due to increasing consumer awareness is a major market driver.

    Market Size & Forecast

    2024 Market Size 447.5 (USD Million)
    2035 Market Size 1007.7 (USD Million)
    CAGR (2025-2035) 7.66%

    Major Players

    Sabinsa Corporation, BASF, Axxence Aromatic, Agro Extracts, Himalaya Drug Company, Savanta, Kancor Ingredients, Alchem International, Plant Lipids, Natural Remedies, Synthite Industries, Herbal Creations, Natures Boost, Indfrag

    India Botanical Extracts Market Trends

    The market for botanical extracts in India is expanding significantly due to rising consumer awareness of the advantages of natural goods for health. Manufacturers are adopting plant-derived extracts to improve their product offerings as a result of consumers' growing preference for clean-label and organic components.

    Additionally, the demand for natural ingredients in the food, beverage, and nutraceutical industries is being influenced by India's expanding health-conscious populace. Additionally, the Indian government is encouraging the use of herbal goods and organic farming methods, both of which contribute to market expansion.

    There are several opportunities in the industry, especially as people become more aware of traditional Indian herbal remedies like Ayurveda. A wide variety of plant species are accessible due to India's tremendous biodiversity, and these can be used for extraction.

    Utilizing this biodiversity, distinctive items that appeal to both domestic and foreign customers searching for natural solutions can be produced. Businesses can take advantage of the expanding export market for herbal and Ayurvedic products to reach a wider audience outside of India. Trends in recent years have centered on ethical and sustainable procurement of botanical extracts.

    Customers are demanding openness in sourcing and production processes as they grow more knowledgeable. In order to have a minimal impact on the environment, Indian companies are starting to implement sustainable methods in their extraction procedures.

    Additionally, companies are able to meet growing demand while preserving product quality because of improvements in extraction technology that increase productivity. These patterns show how the market environment for botanical extracts in India is changing to one that is more accountable and sustainable.

    Market Segment Insights

    Botanical Extracts Market Form Insights

    The India Botanical Extracts Market, with its notable focus on the Form segment, is poised for growth driven by consumer preferences for both Powder and Liquid forms. The Powder form has gained momentum owing to its versatility in application across various sectors, including food, pharmaceuticals, and cosmetics.

    With the ever-increasing demand for organic and natural ingredients, this format allows for easy incorporation into products, catering to health-conscious consumers. Furthermore, the Liquid form is equally significant and popular in the dietary supplement and beverage industries due to its ease of use and rapid absorption properties within the body.

    Both forms cater to different requirements, with certain applications preferring Powder for its concentrated nature, while others gravitate towards Liquid for its convenience. This diversification enhances the overall India Botanical Extracts Market segmentation, as each form addresses distinct consumer needs.

    The growth drivers for these forms include the rising awareness of the health benefits associated with botanical extracts, as well as the increased acceptance of herbal and natural products among Indian consumers.

    Challenges in this segment can encompass regulatory hurdles and the need for standardized quality assurance, yet the growing trend toward sustainability and clean-label products presents significant opportunities. With the anticipated rise in demand for natural products, these forms of botanical extracts are expected to play a critical role in market expansion.

    Botanical Extracts Market Source Insights

    The India Botanical Extracts Market, particularly in the Source segment, is witnessing notable growth owing to an increasing demand for natural ingredients in various industries such as pharmaceuticals, cosmetics, and food and beverages. The focus on sourcing from Herbs and Spices has garnered significant attention due to their multifunctional properties and extensive applications.

    Indian herbs, known for their rich bioactive compounds, are becoming crucial in promoting wellness and enhancing flavor profiles in food products. Similarly, the contribution of fruits, which are often rich in vitamins and antioxidants, plays a vital role in catering to health-conscious consumers looking for natural extracts.

    This segment is characterized by a rising trend towards organic and sustainably sourced materials, reflecting changing consumer preferences. With India being one of the leading producers of various herbs and spices globally, the advantageous climatic conditions and diverse agricultural landscape further bolster its position in the botanical extracts market.

    The overall segmentation reflects a shift towards more natural and health-centric products, revealing opportunities for research and innovation within the India Botanical Extracts Market.

    Botanical Extracts Market Application Insights

    The Application segment of the India Botanical Extracts Market is witnessing notable growth, fueled by the increasing consumer awareness regarding natural and organic products. Each sub-segment is significant in driving overall market dynamics. The Food sector utilizes botanical extracts for flavor enhancement and natural preservatives, offering healthier alternatives to synthetic additives.

    In Beverages, the infusion of botanical ingredients not only caters to consumer preferences for healthier options but also enhances taste profiles. The Personal Care industry increasingly incorporates botanical extracts in skincare and cosmetic products, capitalizing on their skin-friendly and healing properties.

    Pharmaceuticals leverage these extracts for their therapeutic benefits, aligning with the rising trend toward natural remedies and holistic health solutions. Nutraceuticals, focusing on health-boosting properties, are becoming vital as consumers seek preventive health solutions.

    The evolving consumer base in India, which is prioritizing wellness and sustainability, significantly influences these segments, propelling the growth of the India Botanical Extracts Market. Moreover, support from governmental initiatives promoting herbal industries further cements the importance of these applications in the country’s economy.

    This market segmentation reflects the integral role that natural extracts play across various industries, resonating with the broader trend toward sustainable consumption.

    Get more detailed insights about India Botanical Extracts Market Research Report - Forecast Till 2035

    Key Players and Competitive Insights

    The competitive landscape of the India Botanical Extracts Market is characterized by a mix of well-established players and emerging companies, each vying for a share in a segment that has gained tremendous traction due to the rising consumer preference for natural and plant-derived products.

    This environment is significantly influenced by factors such as growing health consciousness among consumers, increasing demand for organic products in food and beverages, as well as the widespread use of botanical extracts in nutraceuticals and cosmetics.

    The market is not only driven by domestic consumption but also presents significant export opportunities, which attract both local firms and global entities seeking to capitalize on the burgeoning interest in herbal and organic solutions.

    Companies in this space are constantly innovating to develop new functional ingredients while adhering to stringent regulatory compliance to meet both domestic and international quality standards.

    Sabinsa Corporation maintains a strong presence in the India Botanical Extracts Market, leveraging its expertise in herbal research and sustainable sourcing. The company has earned a reputable standing due to its consistent commitment to quality and innovation, which resonates well with the growing consumer base that increasingly values natural and effective solutions.

    Sabinsa has established a diversified portfolio of plant-derived extracts, catering to the needs of the food, beverage, and nutraceutical industries. The company emphasizes research and development to introduce new products that align with consumer trends and health benefits, strengthening its position further in the competitive landscape.

    The brand’s dedication to sustainable practices, alongside a robust distribution network in India, positions Sabinsa as a formidable player in the botanical extracts market.

    BASF is another key player in the India Botanical Extracts Market, recognized for its comprehensive portfolio that spans various sectors, including pharmaceuticals, personal care, and food applications. The company focuses on providing high-quality botanical extracts that meet the evolving demands of Indian consumers who are leaning toward natural ingredients.

    BASF’s strengths lie in its innovative research capabilities and extensive experience in developing functional solutions that enhance the efficacy of products across multiple industries. The company has also executed strategic mergers and acquisitions aimed at expanding its product offerings and market reach within India, thus strengthening its competitive position.

    With an emphasis on sustainability and customer-centric solutions, BASF continues to solidify its standing in the botanical extracts space, ensuring that it meets the diverse needs of a dynamic market while contributing to the overall growth of the sector in India.

    Key Companies in the India Botanical Extracts Market market include

    Industry Developments

    Recent developments in the India Botanical Extracts Market reflect significant growth and interest among major players like Sabinsa Corporation, BASF, and Kancor Ingredients. The market has seen a notable surge in the demand for natural and organic products, driven by consumer preferences for herbal supplements and functional foods.

    In September 2023, BASF announced an expansion of its portfolio in natural ingredients, focusing on the growing trend of clean label products.

    In the mergers and acquisitions landscape, Alchem International acquired Agilex Flavors in August 2023, enhancing its capabilities in herbal extracts, while Savanta expanded its offerings by purchasing Herbal Creations in July 2023, signaling a trend toward consolidation in the market.

    The growth trajectory of the India Botanical Extracts Market is also supported by the Indian government's initiatives promoting the cultivation of medicinal plants, aiming to double the market valuation by 2025. In the past two years, the market witnessed an increase in investment, particularly in Research and Development, aiming to innovate and sustain competitive advantages.

    Major companies like Synthite Industries and Plant Lipids are investing significantly in sustainable practices, aligning with global sustainability goals.

    Market Segmentation

    Outlook

    • Food
    • Beverages
    • Personal Care
    • Pharmaceuticals & Nutraceuticals

    Botanical Extracts Market Form Outlook

    • Powder
    • Liquid

    Botanical Extracts Market Source Outlook

    • Herbs & Spices
    • Fruits

    Botanical Extracts Market Application Outlook

    • Food
    • Beverages
    • Personal Care
    • Pharmaceuticals & Nutraceuticals

    Report Scope

    Report Scope
    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 406.35(USD Million)
    MARKET SIZE 2024 447.53(USD Million)
    MARKET SIZE 2035 1007.67(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 7.658% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Sabinsa Corporation, BASF, B Nijmegen, Axxence Aromatic, Agro Extracts, Himalaya Drug Company, Savanta, Kancor Ingredients, Alchem International, Plant Lipids, Natural Remedies, Synthite Industries, Herbal Creations, Natures Boost, Indfrag
    SEGMENTS COVERED Form, Source, Application
    KEY MARKET OPPORTUNITIES Rising demand for natural ingredients, Growth in herbal cosmetics, Expanding dietary supplements market, Increasing health consciousness among consumers, Government support for herbal products
    KEY MARKET DYNAMICS increasing demand for natural products, rising consumer awareness about health, growing applications in cosmetics, regulatory support for herbal sourcing, expanding e-commerce distribution channels
    COUNTRIES COVERED India

    FAQs

    What is the market size of the India Botanical Extracts Market in 2024?

    The India Botanical Extracts Market is expected to be valued at 447.53 million USD in 2024.

    What is the projected market size for the India Botanical Extracts Market by 2035?

    The market is projected to reach a value of 1007.67 million USD by 2035.

    What is the expected CAGR for the India Botanical Extracts Market from 2025 to 2035?

    The market is expected to grow at a CAGR of 7.658 percent during the period from 2025 to 2035.

    Which form of botanical extracts is expected to dominate the market in 2024?

    In 2024, the liquid form of botanical extracts is expected to be valued at 268.72 million USD.

    What will be the market size for powdered botanical extracts by 2035?

    The powdered botanical extracts market is projected to reach 415.56 million USD by 2035.

    Who are the major players in the India Botanical Extracts Market?

    Key players include Sabinsa Corporation, BASF, and Himalaya Drug Company, among others.

    What trends are driving growth in the India Botanical Extracts Market?

    Increasing demand for natural products and rising health consciousness are key growth drivers.

    Are there any challenges currently facing the India Botanical Extracts Market?

    Challenges include regulatory hurdles and competition from synthetic alternatives.

    What applications are driving the demand for botanical extracts in India?

    Main applications include pharmaceuticals, dietary supplements, and cosmetic products.

    How does regionality impact the India Botanical Extracts Market?

    Variability in demand across different regions influences the market dynamics and growth opportunities.

    Report Infographic
    Free Sample Request

    Kindly complete the form below to receive a free sample of this Report

    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Victoria Milne Founder
    Case Study

    Chemicals and Materials