Global Herb & Spice Extracts Market Overview
The global Herb & Spice Extracts market was valued at USD 18.7 billion in 2026 and is projected to reach USD 34.2 billion by 2036, growing at a CAGR of 6.5%. Herb and spice extracts are widely used in food & beverages, personal care, pharmaceuticals, and nutraceuticals due to their flavor-enhancing, preservative, and therapeutic properties.
Segments Analysis
By Product Type
· Herb Extracts (basil, rosemary, thyme, oregano, mint, sage)
· Spice Extracts (pepper, cinnamon, clove, turmeric, ginger, cardamom)
· Blended Extracts (custom formulations for food and personal care)
By Form
· Powder
· Liquid
· Encapsulated Extracts
· Oleoresins
· Others (spray-dried, paste form)
By Application
· Food & Beverages (seasonings, sauces, bakery, dairy, meat products)
· Personal Care (cosmetics, skincare, aromatherapy)
· Pharmaceuticals (nutraceuticals, herbal medicines, dietary supplements)
· Animal Feed (natural additives for livestock health)
· Others (functional beverages, wellness products)
Regional Analysis
· North America: Strong demand in food & beverages and nutraceuticals; U.S. leads adoption.
· Europe: Growth driven by clean-label and organic trends; Germany, U.K., and France are major markets.
· Asia-Pacific: Fastest-growing region; India, China, and Japan dominate production due to traditional herbal medicine and food industries.
· South America: Brazil and Argentina show rising demand in food & beverage and herbal supplements.
· Middle East & Africa: Moderate growth; demand driven by traditional medicine and food applications.
Porter’s Five Forces
· Threat of New Entrants: Moderate; requires quality certifications and supply chain networks.
· Bargaining Power of Suppliers: High; raw herbs and spices depend on agricultural yields and regional availability.
· Bargaining Power of Buyers: High; buyers demand cost efficiency, organic certification, and traceability.
· Threat of Substitutes: Moderate; synthetic flavorings compete but natural extracts are preferred.
· Industry Rivalry: High; global players compete on innovation, sustainability, and pricing.
SWOT Analysis
Strengths
· Natural, clean-label appeal.
· Wide applications across industries.
Weaknesses
· Seasonal dependency of raw materials.
· Higher costs compared to synthetic alternatives.
Opportunities
· Rising demand for organic and functional foods.
· Expansion in nutraceuticals and personal care.
Threats
· Price volatility due to agricultural risks.
· Competition from synthetic flavorings.
Trend Analysis
· Increasing use in functional foods and beverages.
· Rising demand in organic and clean-label personal care products.
· Growth in nutraceuticals and herbal supplements.
· Adoption of advanced extraction technologies (supercritical CO₂, ultrasonic extraction).
Drivers & Challenges
Drivers
· Growth in global food & beverage industry.
· Rising consumer preference for natural and organic products.
· Expansion in pharmaceuticals and nutraceuticals.
Challenges
· Seasonal variability in raw material supply.
· High production costs for advanced extraction methods.
· Regulatory hurdles for product approvals.
Value Chain Analysis
1. Raw Material Suppliers (herbs, spices, organic farms)
2. Manufacturers (extract processors, oleoresin producers)
3. Distributors & Traders
4. End-Use Industries (food, personal care, pharmaceuticals)
5. Consumers (households, healthcare providers, FMCG companies)
Key Players
· Givaudan SA
· Kerry Group Plc.
· Takasago International Corporation
· Döhler GmbH
· Sensient Technologies Corporation
· Archer Daniels Midland Company
· Ajinomoto Co. Inc.
· Symrise AG
· Firmenich SA
· Naturex SA
· Kalsec Inc.
· Olam International
· Foodchem International Corporation
· McCormick & Company Inc.
· Frutarom Industries Ltd.
· Robertet SA
· Synthite Industries Ltd.
· International Taste Solutions Ltd.
· Organic Herb Inc.
· British Pepper & Spice Company
· Additional Players: Indena SpA, Sabinsa Corporation, Vidya Herbs Pvt Ltd., Botanicals International, Arjuna Natural Extracts, Bio Botanica Inc., Natural Remedies Pvt Ltd., Blue Sky Botanics
Quick Recommendations for Stakeholders
· Manufacturers: Invest in advanced extraction technologies and organic certifications.
· Investors: Focus on Asia-Pacific for rapid growth in herbal medicine and food industries.
· Governments & Regulators: Support sustainable farming and traceability standards.
· Food & Beverage Companies: Expand product portfolios with natural flavoring extracts.
· Pharmaceutical & Nutraceutical Firms: Integrate herb & spice extracts in supplements and wellness products.
· Personal Care Brands: Leverage extracts for clean-label skincare and aromatherapy.
1. Market Overview of Herb & Spice Extracts
1.1 Herb & Spice Extracts Market Overview
1.1.1 Herb & Spice Extracts Product Scope
1.1.2 Market Status and Outlook
1.2 Herb & Spice Extracts Market Size by Regions:
1.3 Herb & Spice Extracts Historic Market Size by Regions
1.4 Herb & Spice Extracts Forecasted Market Size by Regions
1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth
1.5.1 North America
1.5.2 East Asia
1.5.3 Europe
1.5.4 South Asia
1.5.5 Southeast Asia
1.5.6 Middle East
1.5.7 Africa
1.5.8 Oceania
1.5.9 South America
1.5.10 Rest of the World
1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2021 Projections
1.6.2 Covid-19 Impact: Commodity Prices Indices
1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact Herb & Spice Extracts Sales Market by Type
2.1 Global Herb & Spice Extracts Historic Market Size by Type
2.2 Global Herb & Spice Extracts Forecasted Market Size by Type
2.3
3. Covid-19 Impact Herb & Spice Extracts Sales Market by Application
3.1 Global Herb & Spice Extracts Historic Market Size by Application
3.2 Global Herb & Spice Extracts Forecasted Market Size by Application
3.3 Food & Beverages
3.4 Personal Care
3.5 Pharmaceutical
3.6 Others
4. Covid-19 Impact Market Competition by Manufacturers
4.1 Global Herb & Spice Extracts Production Capacity Market Share by Manufacturers
4.2 Global Herb & Spice Extracts Revenue Market Share by Manufacturers
4.3 Global Herb & Spice Extracts Average Price by Manufacturers
5. Company Profiles and Key Figures in Herb & Spice Extracts Business
5.1 Givaudan SA
5.1.1 Givaudan SA Company Profile
5.1.2 Givaudan SA Herb & Spice Extracts Product Specification
5.1.3 Givaudan SA Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.2 Kerry Group Plc.
5.2.1 Kerry Group Plc. Company Profile
5.2.2 Kerry Group Plc. Herb & Spice Extracts Product Specification
5.2.3 Kerry Group Plc. Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.3 Takasago International corporation
5.3.1 Takasago International corporation Company Profile
5.3.2 Takasago International corporation Herb & Spice Extracts Product Specification
5.3.3 Takasago International corporation Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.4 Dohler GmbH
5.4.1 Dohler GmbH Company Profile
5.4.2 Dohler GmbH Herb & Spice Extracts Product Specification
5.4.3 Dohler GmbH Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.5 Sensient Technologies Corporation
5.5.1 Sensient Technologies Corporation Company Profile
5.5.2 Sensient Technologies Corporation Herb & Spice Extracts Product Specification
5.5.3 Sensient Technologies Corporation Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.6 Archer Daniels Midland Company
5.6.1 Archer Daniels Midland Company Company Profile
5.6.2 Archer Daniels Midland Company Herb & Spice Extracts Product Specification
5.6.3 Archer Daniels Midland Company Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.7 Ajinomoto Co. Inc.
5.7.1 Ajinomoto Co. Inc. Company Profile
5.7.2 Ajinomoto Co. Inc. Herb & Spice Extracts Product Specification
5.7.3 Ajinomoto Co. Inc. Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.8 Symrise AG
5.8.1 Symrise AG Company Profile
5.8.2 Symrise AG Herb & Spice Extracts Product Specification
5.8.3 Symrise AG Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.9 Firmenich S A
5.9.1 Firmenich S A Company Profile
5.9.2 Firmenich S A Herb & Spice Extracts Product Specification
5.9.3 Firmenich S A Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.10 Naturex SA
5.10.1 Naturex SA Company Profile
5.10.2 Naturex SA Herb & Spice Extracts Product Specification
5.10.3 Naturex SA Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.11 Kalsec Inc.
5.11.1 Kalsec Inc. Company Profile
5.11.2 Kalsec Inc. Herb & Spice Extracts Product Specification
5.11.3 Kalsec Inc. Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.12 Olam International
5.12.1 Olam International Company Profile
5.12.2 Olam International Herb & Spice Extracts Product Specification
5.12.3 Olam International Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.13 Foodchem International Corporation
5.13.1 Foodchem International Corporation Company Profile
5.13.2 Foodchem International Corporation Herb & Spice Extracts Product Specification
5.13.3 Foodchem International Corporation Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.14 McCormick and Company Inc
5.14.1 McCormick and Company Inc Company Profile
5.14.2 McCormick and Company Inc Herb & Spice Extracts Product Specification
5.14.3 McCormick and Company Inc Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.15 Frutarom Industries Ltd.
5.15.1 Frutarom Industries Ltd. Company Profile
5.15.2 Frutarom Industries Ltd. Herb & Spice Extracts Product Specification
5.15.3 Frutarom Industries Ltd. Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.16 Robertet SA
5.16.1 Robertet SA Company Profile
5.16.2 Robertet SA Herb & Spice Extracts Product Specification
5.16.3 Robertet SA Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.17 Synthite Industries Ltd.
5.17.1 Synthite Industries Ltd. Company Profile
5.17.2 Synthite Industries Ltd. Herb & Spice Extracts Product Specification
5.17.3 Synthite Industries Ltd. Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.18 International Taste Solutions Ltd.
5.18.1 International Taste Solutions Ltd. Company Profile
5.18.2 International Taste Solutions Ltd. Herb & Spice Extracts Product Specification
5.18.3 International Taste Solutions Ltd. Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.19 Organic Herb Inc.
5.19.1 Organic Herb Inc. Company Profile
5.19.2 Organic Herb Inc. Herb & Spice Extracts Product Specification
5.19.3 Organic Herb Inc. Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.20 British Pepper & spice Company
5.20.1 British Pepper & spice Company Company Profile
5.20.2 British Pepper & spice Company Herb & Spice Extracts Product Specification
5.20.3 British Pepper & spice Company Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.21 Market by Product Type
5.21.1 Market by Product Type Company Profile
5.21.2 Market by Product Type Herb & Spice Extracts Product Specification
5.21.3 Market by Product Type Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.22 Herb Extracts
5.22.1 Herb Extracts Company Profile
5.22.2 Herb Extracts Herb & Spice Extracts Product Specification
5.22.3 Herb Extracts Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.23 Spice Extracts
5.23.1 Spice Extracts Company Profile
5.23.2 Spice Extracts Herb & Spice Extracts Product Specification
5.23.3 Spice Extracts Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.24 Market by Form
5.24.1 Market by Form Company Profile
5.24.2 Market by Form Herb & Spice Extracts Product Specification
5.24.3 Market by Form Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.25 Powder
5.25.1 Powder Company Profile
5.25.2 Powder Herb & Spice Extracts Product Specification
5.25.3 Powder Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.26 Liquid
5.26.1 Liquid Company Profile
5.26.2 Liquid Herb & Spice Extracts Product Specification
5.26.3 Liquid Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.27 Others
5.27.1 Others Company Profile
5.27.2 Others Herb & Spice Extracts Product Specification
5.27.3 Others Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.28 Market by Application
5.28.1 Market by Application Company Profile
5.28.2 Market by Application Herb & Spice Extracts Product Specification
5.28.3 Market by Application Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.29 Food & Beverages
5.29.1 Food & Beverages Company Profile
5.29.2 Food & Beverages Herb & Spice Extracts Product Specification
5.29.3 Food & Beverages Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.30 Personal Care
5.30.1 Personal Care Company Profile
5.30.2 Personal Care Herb & Spice Extracts Product Specification
5.30.3 Personal Care Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.31 Pharmaceutical
5.31.1 Pharmaceutical Company Profile
5.31.2 Pharmaceutical Herb & Spice Extracts Product Specification
5.31.3 Pharmaceutical Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
5.32 Others
5.32.1 Others Company Profile
5.32.2 Others Herb & Spice Extracts Product Specification
5.32.3 Others Herb & Spice Extracts Production Capacity, Revenue, Price and Gross Margin
6. North America
6.1 North America Herb & Spice Extracts Market Size
6.2 North America Herb & Spice Extracts Key Players in North America
6.3 North America Herb & Spice Extracts Market Size by Type
6.4 North America Herb & Spice Extracts Market Size by Application
7. East Asia
7.1 East Asia Herb & Spice Extracts Market Size
7.2 East Asia Herb & Spice Extracts Key Players in North America
7.3 East Asia Herb & Spice Extracts Market Size by Type
7.4 East Asia Herb & Spice Extracts Market Size by Application
8. Europe
8.1 Europe Herb & Spice Extracts Market Size
8.2 Europe Herb & Spice Extracts Key Players in North America
8.3 Europe Herb & Spice Extracts Market Size by Type
8.4 Europe Herb & Spice Extracts Market Size by Application
9. South Asia
9.1 South Asia Herb & Spice Extracts Market Size
9.2 South Asia Herb & Spice Extracts Key Players in North America
9.3 South Asia Herb & Spice Extracts Market Size by Type
9.4 South Asia Herb & Spice Extracts Market Size by Application
10. Southeast Asia
10.1 Southeast Asia Herb & Spice Extracts Market Size
10.2 Southeast Asia Herb & Spice Extracts Key Players in North America
10.3 Southeast Asia Herb & Spice Extracts Market Size by Type
10.4 Southeast Asia Herb & Spice Extracts Market Size by Application
11. Middle East
11.1 Middle East Herb & Spice Extracts Market Size
11.2 Middle East Herb & Spice Extracts Key Players in North America
11.3 Middle East Herb & Spice Extracts Market Size by Type
11.4 Middle East Herb & Spice Extracts Market Size by Application
12. Africa
12.1 Africa Herb & Spice Extracts Market Size
12.2 Africa Herb & Spice Extracts Key Players in North America
12.3 Africa Herb & Spice Extracts Market Size by Type
12.4 Africa Herb & Spice Extracts Market Size by Application
13. Oceania
13.1 Oceania Herb & Spice Extracts Market Size
13.2 Oceania Herb & Spice Extracts Key Players in North America
13.3 Oceania Herb & Spice Extracts Market Size by Type
13.4 Oceania Herb & Spice Extracts Market Size by Application
14. South America
14.1 South America Herb & Spice Extracts Market Size
14.2 South America Herb & Spice Extracts Key Players in North America
14.3 South America Herb & Spice Extracts Market Size by Type
14.4 South America Herb & Spice Extracts Market Size by Application
15. Rest of the World
15.1 Rest of the World Herb & Spice Extracts Market Size
15.2 Rest of the World Herb & Spice Extracts Key Players in North America
15.3 Rest of the World Herb & Spice Extracts Market Size by Type
15.4 Rest of the World Herb & Spice Extracts Market Size by Application
16 Herb & Spice Extracts Market Dynamics
16.1 Covid-19 Impact Market Top Trends
16.2 Covid-19 Impact Market Drivers
16.3 Covid-19 Impact Market Challenges
16.4 Porter’s Five Forces Analysis
18 Regulatory Information
17 Analyst's Viewpoints/Conclusions
18 Appendix
18.1 Research Methodology
18.1.1 Methodology/Research Approach
18.1.2 Data Source
18.2 Disclaimer
Segments Analysis
By Product Type
· Herb Extracts (basil, rosemary, thyme, oregano, mint, sage)
· Spice Extracts (pepper, cinnamon, clove, turmeric, ginger, cardamom)
· Blended Extracts (custom formulations for food and personal care)
By Form
· Powder
· Liquid
· Encapsulated Extracts
· Oleoresins
· Others (spray-dried, paste form)
By Application
· Food & Beverages (seasonings, sauces, bakery, dairy, meat products)
· Personal Care (cosmetics, skincare, aromatherapy)
· Pharmaceuticals (nutraceuticals, herbal medicines, dietary supplements)
· Animal Feed (natural additives for livestock health)
· Others (functional beverages, wellness products)
Regional Analysis
· North America: Strong demand in food & beverages and nutraceuticals; U.S. leads adoption.
· Europe: Growth driven by clean-label and organic trends; Germany, U.K., and France are major markets.
· Asia-Pacific: Fastest-growing region; India, China, and Japan dominate production due to traditional herbal medicine and food industries.
· South America: Brazil and Argentina show rising demand in food & beverage and herbal supplements.
· Middle East & Africa: Moderate growth; demand driven by traditional medicine and food applications.
