The global plant extracts market is set to witness robust growth, expanding from USD 47.54 billion in 2025 to USD 85.28 billion by 2030, registering a strong CAGR of 12.4% during the forecast period. This growth is largely driven by the accelerating global shift toward natural, plant-based, clean-label, and chemical-free ingredients across industries.
Plant extracts are rich in high-value bioactive compounds, including essential oils, oleoresins, flavonoids, alkaloids, carotenoids, and other botanical derivatives. These ingredients are increasingly incorporated into a wide range of applications such as food and beverages, pharmaceuticals, dietary supplements, cosmetics, and personal care products. Moreover, growing consumer awareness around preventive healthcare, functional nutrition, and natural wellness solutions continues to fuel demand, reinforcing the expanding adoption of plant-derived ingredients worldwide.
Top 10 Companies in the Plant Extracts Market
- Givaudan (Switzerland)
- International Flavors & Fragrances Inc. (US)
- Sensient Technologies Corporation (US)
- Symrise AG (Germany)
- DSM-Firmenich (Netherlands)
- Synthite Industries Ltd (India)
- Indesso (Indonesia)
- Cargill Incorporated (US)
- ADM (US)
- Kerry Group (Ireland)
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- Givaudan (Switzerland)
Givaudan is a global leader in flavors, fragrances, and plant-derived ingredients. In the Plant Extracts Market, Givaudan leverages its strong R&D and sustainable sourcing programs to deliver high-quality botanical extracts for food, beverage, and personal care. Its focus on clean-label and natural solutions positions the company as a preferred supplier amid rising consumer demand for plant-based ingredients. Givaudan’s investments in traceability and responsible agriculture further support its competitive advantage in premium plant extracts.
- International Flavors & Fragrances Inc. (US)
International Flavors & Fragrances (IFF) is a major player in plant extracts through its comprehensive portfolio of natural flavors, fragrances, and functional botanicals. IFF’s acquisition of Frutarom significantly expanded its plant extract capabilities, enhancing its ability to deliver tailored solutions across food, beverage, health & wellness, and personal care. IFF’s innovation centers worldwide drive new plant extract applications that align with consumer preferences for natural and plant-powered products.
- Sensient Technologies Corporation (US)
Sensient Technologies is a diversified global supplier of natural colorants, flavors, and plant extracts. The company is known for its high-purity botanical extracts used in food & beverage, nutraceuticals, and cosmetics. Sensient’s focus on advanced extraction technologies and strong quality systems ensures consistent performance and regulatory compliance. Its global footprint and customer support services make Sensient a key contributor to the growth of the plant extracts industry.
- Symrise AG (Germany)
Symrise is a leading provider of natural extracts and plant-based solutions, serving food and beverage, fragrance, and nutrition markets. With a strategic emphasis on sustainability and innovation, Symrise develops botanical extracts that meet increasing industry demands for natural, clean-label ingredients. Its strong integration of upstream sourcing and formulation capabilities enhances supply chain security and product differentiation in the competitive plant extracts market.
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- DSM-Firmenich (Netherlands)
Formed through the merger of DSM and Firmenich, DSM-Firmenich combines deep expertise in microbiology, fermentation, and botanical sciences. The company’s plant extract portfolio encompasses natural flavors, functional botanicals, and specialty ingredients for nutrition and wellness. DSM-Firmenich’s focus on scientific excellence and sustainability supports the development of plant extracts that deliver health benefits while meeting stringent regulatory standards.
- Synthite Industries Ltd (India)
Synthite Industries is a major Indian producer of spice-based and botanical extracts, catering to global flavors & fragrances, food, and nutraceutical markets. Known for its extensive range of natural plant extracts, including oleoresins and essential oils, Synthite emphasizes local sourcing, proprietary extraction technologies, and consistent quality. Its strong positioning in spice botanicals makes it a key player in the plant extracts segment, especially for natural flavor and aroma solutions.
- Indesso (Indonesia)
Indesso is a specialty ingredients company with roots in Indonesia’s rich botanical biodiversity. It focuses on natural extracts such as vanilla, galangal, ginger, lemongrass, and other tropical botanicals. Through sustainable cultivation and processing practices, Indesso supplies high-quality plant extracts for food, beverage, nutraceutical, and cosmetics industries. The company’s geographical advantage and commitment to traceability enhance its role in the expanding global plant extracts market.
- Cargill Incorporated (US)
Cargill is a global agricultural and food ingredients powerhouse with a growing focus on plant-derived solutions. In the plant extracts market, Cargill supplies natural plant proteins, fibers, polyphenols, and specialty botanical extracts for food, beverages, and health applications. Its integrated supply chain—from farm sourcing to ingredient production—supports sustainable and scalable plant extract solutions that align with consumer priorities for natural, transparent, and functional ingredients.
- Archer Daniels Midland Company (ADM) (US)
ADM is a leading provider of agricultural commodities and plant-based ingredients, including plant extracts used in food, nutrition, and personal care. ADM’s extensive processing capabilities and investments in biotechnology enable the production of high-value botanical extracts and functional plant ingredients. Through strategic partnerships and innovation initiatives, ADM continues to expand its presence in targeted plant extract segments such as antioxidants, fibers, and flavor botanicals.
- Kerry Group (Ireland)
Kerry Group is a global leader in taste and nutrition, with a strong portfolio of natural flavors, botanical extracts, and plant-based ingredients. Kerry’s plant extracts support clean-label solutions in food & beverage, dairy, nutrition, and wellness products. Its R&D focus on consumer trends and sensory quality enables the development of tailored plant extract solutions that deliver both functional and taste benefits. Kerry’s global reach and technical expertise keep it at the forefront of market growth in natural plant-derived ingredients.
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Plant Extracts Market – Key Themes Across Companies
- Sustainability & Traceability: Many players prioritize responsible sourcing and environmental stewardship.
- Innovation & Differentiation: R&D investments drive advanced extraction methods and application-specific botanical solutions.
- Clean-Label Demand: Rising consumer preference for natural, plant-based products fuels market expansion.
- Global Sourcing Networks: Strategic access to diverse botanicals enhances competitive positioning.
- Regulatory Compliance: Quality systems and certifications support global market access.