식물 추출물 시장 규모는 2023년 520억 8,000만 달러로 평가되었습니다. 2031년에는 851억 달러에 달할 것으로 예상되며, 2024년부터 2031년까지 연평균 6.33% 성장할 것으로 예상됩니다. 식물 추출물은 잎, 꽃, 씨앗, 뿌리, 껍질 등 다양한 식물 성분을 용매 추출, 증류 및 침지하여 만든 물질입니다. 이들 추출물의 약효, 향기, 영양가가 높은 것은 페놀, 알칼로이드, 플라보노이드, 테르펜 등 생리활성물질이 풍부하게 함유되어 있기 때문입니다. 천연 유래 및 건강상의 이점으로 인해 식물 추출물은 의약품, 화장품, 음료, 식품, 건강 보조 식품 및 기타 산업에서 자주 사용되고 있습니다. 천연 및 유기농 제품에 대한 소비자의 관심 증가와 추출 기술의 향상으로 식물 추출물은 큰 잠재력을 가지고 있습니다. 식물 추출물은 다양한 식물 화학 물질의 건강상의 이점에 대한 연구가 진행됨에 따라 기능성 식품, 건강 보조 식품, 맞춤형 의료 등 더 많은 분야에서 사용될 것으로 예상됩니다.
식물 추출물 시장은 지속가능성에 대한 관심이 높아지면서 다양한 산업에서 식물 유래 성분을 사용하게 되면서 성장할 것으로 예상됩니다. 이에 따라 식물 추출물은 환경과 건강을 고려한 제품을 만드는 데 필수적인 성분으로 자리매김할 것으로 보입니다.
세계 식물 추출물 시장을 형성하는 주요 시장 역학
주요 시장 성장 촉진요인
천연 및 유기농 제품에 대한 수요 증가:
식물 추출물 시장은 천연 유기농 제품에 대한 소비자의 욕구 증가에 힘입어 성장하고 있습니다. 유기농무역협회에 따르면 2020년 미국 유기농 식품 매출은 전년 대비 12.8% 증가한 564억 달러에 달할 것으로 예상됩니다. 식품, 음료, 화장품, 의약품에 사용되는 식물 기반 추출물도 이러한 움직임의 일부입니다.
건강에 대한 관심 증가와 예방적 건강관리:
식물 유래 제품이 건강에 좋다는 인식이 확산되면서 기능성 식품과 건강보조식품에 함유된 식물 추출물에 대한 수요가 증가하고 있으며, Global Wellness Institute에 따르면 2018년 세계 웰니스 부문은 4조 5,000억 달러 규모에 달할 것으로 추산된다, 2023년까지 연평균 5.3%의 속도로 성장할 것으로 예상됩니다.
식물요법 연구 개발 증가:
제약 연구 개발에서 식물 추출물에 대한 수요는 식물 기반 치료법에 대한 관심이 증가함에 따라 증가하고 있습니다. 세계보건기구(WHO)의 추산에 따르면, 전 세계 인구의 80%가 식물 추출물을 자주 사용하는 전통 의학에서 주요 치료를 받고 있습니다.
주요 과제
품질의 일관성:
원료 공급원, 추출 기술, 기후 조건 등의 차이로 인해 식물 추출물의 품질을 일정하게 유지하는 것은 상당한 문제입니다. 최종 제품의 강도와 효능은 다른 배치의 식물에 포함 된 활성 화학 물질의 농도에 따라 달라질 수 있습니다. 의약품 및 건강 보조 식품과 같이 정확한 복용량에 의존하는 카테고리에서는 이러한 차이가 표준화 문제를 일으킬 수 있습니다. 이 문제는 규제된 추출 절차나 품질 관리 시스템이 없기 때문에 최종 제품의 일관성을 유지하기 어렵게 만듭니다.
공급망 혼란:
공급망 혼란:식물 추출물 시장은 원료 공급에 크게 의존하고 있으며, 그 공급은 농법, 지정학적 문제, 환경적 이유에 따라 좌우됩니다. 자연재해, 기후 변화, 주요 조달 지역의 정치적 불안은 중요한 식물의 부족을 유발하고 공급망에 혼란을 초래할 수 있습니다. 이러한 혼란은 비용 상승과 생산 지연으로 이어질 수 있습니다. 또한, 소규모 농가에 의존하거나 특정 식물을 야생에서 채취하는 것도 공급망에 예측 불가능성을 초래할 수 있습니다.
높은 연구 개발비:
식물 추출물 시장 개척을 위한 연구개발(R&D)은 특히 생리활성 화학물질의 탐색, 분리, 유효성 확인과 관련하여 많은 자금이 필요합니다. 치료 효과를 기대할 수 있는 새로운 식물 추출물을 찾기 위해서는 많은 실험실 작업, 임상시험, 안전성 평가가 필요합니다. 이러한 작업에는 많은 시간과 자원이 필요하며, 이는 연구개발비용을 증가시킵니다. 이러한 금전적 부담은 중소기업이 감당할 수 없는 수준이며, 기술 혁신과 신제품 창출에 걸림돌이 될 수 있습니다. 또한 긴 연구개발 기간은 제품 출시 지연의 원인이 되어 기업 시장 경쟁력을 떨어뜨릴 수 있습니다.
불순물 및 오염:
식물 추출물의 불순물과 오염은 제품의 효능과 안전성을 유지하는 데 심각한 장애물이 될 수 있습니다. 농약, 중금속, 인공 화합물 등의 오염 물질은 고객의 건강을 해칠 뿐만 아니라 추출물의 품질을 떨어뜨릴 수 있습니다. 또 다른 심각한 문제는 불순물 혼입으로, 양을 늘리거나 효능을 재현하기 위해 값싸고 품질이 좋지 않은 성분을 추출물에 첨가할 때 발생합니다. 이러한 문제는 제품 회수, 법적 처벌, 고객 신뢰 하락으로 이어질 수 있습니다. 식물 추출물의 진위 여부와 순도를 보장하기 위해서는 엄격한 테스트와 품질 관리 절차가 필요하며, 이는 비용이 많이 듭니다.
주요 동향 :
천연 유기농 제품에 대한 수요 증가 :
합성 물질로 인한 잠재적 건강 위험에 대한 소비자의 인식이 높아지면서 소비자들은 보다 자연스럽고 유기농적인 제품을 찾고 있습니다. 식물 추출물은 식품, 화장품, 건강보조식품 등 다양한 산업에서 수요가 증가하고 있습니다. 식물 추출물은 더 안전하고 환경 친화적 인 것으로 간주되기 때문에 미용에서 건강 보조 식품에 이르기까지 다양한 제품에서 선택되고 있습니다. 기업들은 천연 성분을 강조한 신선한 레시피를 고안하여 식물 추출물에 대한 수요를 확대하고 있습니다. 클린 라벨 제품에 대한 소비자 수요는 식물 추출물 시장 확대를 지속적으로 촉진할 것으로 예상됩니다.
기능성 식품 및 음용식품의 확대:
기능성 식품 및 음료 시장은 사람들이 기본적인 영양 이상의 건강상의 이점을 제공하는 제품을 찾고 있기 때문에 빠르게 성장하고 있습니다. 면역력 향상, 염증 억제, 항산화 물질 공급 능력으로 인해 생리활성 화합물을 많이 함유한 식물 추출물이 기능성 식품 및 음료에 점점 더 많이 사용되고 있습니다. 과일, 허브, 향신료 등 다양한 식물 추출물에 대한 수요가 이러한 추세에 힘입어 증가하고 있습니다. 식물 추출물 시장은 기능성 식품 및 음료에 대한 소비자 수요 증가와 식물 추출물의 건강상의 이점에 대한 지식이 증가함에 따라 성장하고 있습니다.
퍼스널케어 및 화장품 산업의 성장:
식물 추출물은 스킨 케어, 헤어 케어 및 기타 미용 제품의 성분으로 퍼스널케어 및 화장품 산업에서 점점 더 중요한 위치를 차지하고 있습니다. 천연 화장품과 유기농 화장품에는 위험한 물질이 포함되어 있지 않고 보습, 노화 방지, 피부 진정 등의 이점이 있기 때문에 고객들은 천연 화장품과 유기농 화장품에 주목하고 있습니다. 이러한 추세에 따라 녹차, 카모마일, 알로에 베라와 같은 식물 추출물이 다양한 화장품에 첨가되고 있습니다. 이 사업에서 식물 추출물에 대한 수요는 천연 미용 제품을 찾는 추세와 합성 화학 물질과 관련된 잠재적 위험에 대한 소비자의 인식이 높아짐에 따라 주도하고 있습니다.
맞춤 영양 및 의료:
특정 건강 수요를 충족시키기 위해 맞춤형 식물 추출물에 대한 수요는 개인 맞춤형 영양 및 의료의 확대 추세에 힘입어 증가하고 있습니다. 유전체학 및 생명공학의 발전으로 개인의 유전적 구성, 생활습관 및 의학적 문제에 기반한 맞춤형 영양 보충제 및 치료법 개발이 가능해졌습니다. 식물 추출물은 특정 건강 문제에 특히 유익한 다양한 생리활성 화학물질을 함유하고 있어 이러한 개인화 전략에 적합합니다. 맞춤형 건강 솔루션에 대한 고객 수요 증가는 특히 제약 및 건강 보조 식품 산업에서 식물 추출물 시장의 혁신과 확장에 박차를 가할 것으로 예상됩니다.
Plant Extracts Market size was valued at USD 52.08 Billion in 2023 and is projected to reach USD 85.1 Billion by 2031 , growing at a CAGR of 6.33% from 2024 to 2031. Plant extracts are materials made by solvent extraction, distillation, or maceration from different plant components, such as leaves, flowers, seeds, roots, and bark. These extracts' medicinal, aromatic, and nutritional qualities are attributed to their abundance of bioactive substances such as phenolics, alkaloids, flavonoids, and terpenes. due to their natural origin and alleged health benefits, plant extracts are frequently employed in industries like medicines, cosmetics, food and beverage, and nutraceuticals. Plant extracts have great potential due to growing consumer interest in natural and organic products and improvements in extraction techniques. Plant extracts are anticipated to be used in more fields, such as functional foods, dietary supplements, and customized medicine, as studies on the health advantages of different plant chemicals continue.
The market for plant extracts is anticipated to grow as a result of the increased emphasis on sustainability and the usage of plant-based ingredients in a variety of industries. This will position plant extracts as essential components in the creation of environmentally and health-conscious goods.
The key market dynamics that are shaping the global plant extracts market include:
Key Market Drivers:
Growing Demand for Natural and Organic Products:
The market for plant extracts is being driven by consumers' growing desire for natural and organic products. Sales of organic food in the US hit USD 56.4 Billion in 2020, up 12.8% from the year before, according to the Organic Trade Association. Plant-based extracts that are utilized in food, drinks, cosmetics, and medications are also part of this movement.
Rising Health Consciousness and Preventive Healthcare:
As people become more aware of the advantages of plant-based goods for their health, there is a demand for plant extracts in functional foods and supplements. The global wellness sector, according to the Global Wellness Institute, was estimated to be worth USD 4.5 Trillion in 2018 and is expected to expand at a 5.3% annual pace until 2023.
Increasing Research and Development in Phytomedicine:
The need for plant extracts in pharmaceutical research and development is being driven by the increasing interest in plant-based therapies. According to estimates from the World Health Organization, 80% of people on the planet receive their primary medical treatment from traditional medicine, which frequently uses plant extracts.
Key Challenges:
Quality Consistency:
As there are differences in raw material sources, extraction techniques, and climatic circumstances, maintaining consistency in the quality of plant extracts is a considerable problem. The strength and effectiveness of the finished product can vary depending on the concentration of active chemicals in different batches of plants. For categories that depend on exact dosages, such as medicines and nutraceuticals, this variation might cause problems with standardization. This problem is made more difficult by the absence of regulated extraction procedures and quality control systems, which makes it challenging to preserve consistency in the finished product.
Supply Chain Disruptions:
The market for plant extracts is heavily reliant on raw material supply, which is influenced by farming practices, geopolitical concerns, and environmental reasons. Natural catastrophes, climate change, and political unrest in important sourcing areas can cause shortages of vital plants, which can cause supply chain disruptions. The market's capacity to satisfy rising demand may be hampered by these disruptions, which may also lead to higher costs and manufacturing delays. Another layer of unpredictability to the supply chain is the reliance on small-scale farmers and wild gathering of certain plants.
High R&D Costs:
Significant funding is needed for research and development (R&D) in the market for plant extracts, especially when it comes to locating, isolating, and confirming the effectiveness of bioactive chemicals. Finding novel plant extracts with therapeutic promise requires a lot of laboratory work, clinical trials, and safety evaluations. These tasks need a lot of time and resources, which drives up R&D expenses. These financial obligations may be unaffordable for smaller businesses, which would hinder their capacity to innovate and create new goods. Long R&D timeframes can also cause delays in product introductions, which hurts a company's ability to compete in the market.
Adulteration and Contamination:
Plant extract adulteration and contamination provide serious obstacles to preserving the efficacy and safety of products. Contaminants like pesticides, heavy metals, or artificial compounds can harm customers' health as well as lower the quality of the extracts. Another significant worry is adulteration, which occurs when less expensive or subpar ingredients are added to an extract to boost volume or replicate its benefits. These problems may result in product recalls, legal ramifications, and a decline in customer confidence. Strict testing and quality control procedures are necessary to guarantee the genuineness and purity of plant extracts, and they can be expensive.
Key Trends:
Rising Demand for Natural and Organic Products:
As consumers become more aware of the potential health risks linked with synthetic substances, they are looking for more natural and organic products. Plant extracts are becoming more and more in demand across a range of industries, including food, cosmetics, and nutraceuticals. Plant extracts are chosen in goods ranging from beauty to dietary supplements since they are seen to be safer and more environmentally friendly. Businesses are creating fresh recipes that highlight natural components, which is expanding the demand for plant extracts. It is anticipated that consumer demand for clean-label goods will continue to propel market expansion for plant extracts.
Expansion of Functional Foods and Beverages:
The market for functional foods and beverages is expanding quickly as people look for goods that provide health advantages over and above basic nutrition. Due to their ability to improve immunity, reduce inflammation, and provide antioxidants, plant extracts-which are high in bioactive compounds-are being used more and more in functional foods and beverages. Demand for a variety of plant extracts, including those made from fruits, herbs, and spices, is being driven by this trend. The market for plant extracts is growing as a result of rising consumer demand for functional foods and drinks and growing knowledge of the advantages of plant extracts for health.
Growth in the Personal Care and Cosmetics Industry:
Plant extracts are becoming a more important component of skincare, haircare, and other beauty products in the personal care and cosmetics industries. Customers turn to natural and organic cosmetics since they don't contain any risky substances and provide advantages including moisturizing, anti-aging, and skin-soothing qualities. Plant extracts such as green tea, chamomile, and aloe vera are being incorporated into a variety of cosmetic products due to this trend. The demand for plant extracts in this business is being driven by the trend towards natural beauty products and the growing consumer awareness of the possible hazards associated with synthetic chemicals.
Personalized Nutrition and Medicine:
Demand for plant extracts customized to meet specific health demands is being driven by the expanding trend of personalized nutrition and medicine. The creation of personalized nutritional supplements and treatments based on an individual's genetic composition, way of life, and medical issues is now possible due to developments in genomics and biotechnology. Plant extracts are a good fit for this individualized strategy since they include a wide variety of bioactive chemicals that can be specifically beneficial for certain health issues. It is anticipated that growing customer demand for customized health solutions will spur innovation and expansion in the plant extracts market, especially in the pharmaceutical and nutraceutical industries.
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Here is a more detailed regional analysis of the global plant extracts market:
North America:
North America is the dominant region in the plant extracts market. The in North America toward natural and organic products across a range of industries is propelling the market for plant extracts. According to the Council for Responsible Nutrition, the number of Americans reporting supplement use increased from 65% in 2009 to 77% in 2019, indicating a significant increase in the industry's use of plant extracts. The region's strong affinity for plant-derived products is highlighted by this growing desire for natural health solutions and the robust demand for plant-based foods, which reached a market value of USD 7 Billion in 2020. The CDC says that six out of ten persons in the United States suffer from a chronic illness, which increases demand for preventative healthcare solutions and fuels the trend further. This interest in plant-based treatments for chronic diseases is also fueling this trend.
The market for plant extracts is growing due to the efforts of the pharmaceutical and cosmetics businesses. With an increasing interest in plant-derived chemicals for medication development, the National Center for Complementary and Integrative Health (NCCIH) spent USD 151.9 Million in natural product research in 2020, including plant extracts. The market for natural cosmetics is expanding at a similarly rapid pace, with North America being essential to its anticipated global expansion. The market for plant extracts in North America is anticipated to continue growing as customers look for clean-label and eco-friendly products. This trend will be aided by improvements in product development and a growing focus on sustainability and health.
Asia Pacific:
Asia Pacific is the region with the fastest growth in plant extracts. Leading the way in this growth are nations like China and India, who are capitalizing on their extensive understanding of natural treatments and rich botanical legacy. For instance, the traditional Chinese medicine (TCM) sector in China has grown significantly, with over 2,000 producers of TCM extracts and an estimated USD 122 billion in industrial production by 2020. This increase is a reflection of the expanding regional trend toward natural health solutions and preventative care, which is driving demand for plant-based goods in both traditional and modern uses.
Apart from their solid base in traditional medicine, plant extracts are becoming more and more popular in the Asia Pacific region's nutraceutical and cosmetics sectors due to customer preferences for natural components. The region's rich biodiversity, which offers a huge resource for innovative plant extracts and draws large R&D investments, supports this rise even more. With countries like Japan witnessing a rising integration of traditional herbal medicines into modern healthcare systems, the Asia Pacific plant extracts market is positioned for continuous growth as health awareness rises and plant-based products gain widespread appeal.
The Global Plant Extracts Market is Segmented on the basis of Type, Form, Application, And Geography.
Based on Type, the market is fragmented into Phytomedicines and Herbal Extracts, Essential Oils, Spices, and Flavors and Fragrances. The market for plant extracts has traditionally been ruled by phytomedicines and herbal extracts due to their long history of use for medical purposes across many cultures. Essential oils are becoming the fastest-growing market due to their increased use in wellness, cosmetics, and aromatherapy goods. The demand for these natural components is being driven by their strong aromatic characteristics and possible health advantages.
Based on Form, the market is segmented into Dry Extracts and Liquid Extracts. Liquid extracts are dominant due to their adaptability and broad use in nutritional supplements, medicines, and cosmetics, making them easy to incorporate into a variety of formulations. Dry extracts are the fastest-growing market, due to their extended shelf life, simplicity of storage, and rising demand in the nutraceutical and functional food industries, where concentrated versions are favored for accurate dose and stability.
Based on Application, the market is segmented into Food and Beverage, Pharmaceuticals, Cosmetics and Personal Care, and Agriculture. Pharmaceuticals have long held a dominant position in the plant extracts market, owing to their traditional use in medical formulations. Cosmetics and Personal Care are emerging as the fastest-growing segment, as customers demand natural and plant-based ingredients in their beauty and skincare products. The desire for synthetic-free products is driving the segment's rise.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.