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Herb & Spice Extracts Market: Trends & Growth Insights
The global herb & spice extracts market is set to experience steady growth, with its value projected to rise from USD 17.7 billion in 2024 to USD 24.6 billion by 2034, driven by a CAGR of 4.5%. This growth is driven by increasing consumer demand for natural, plant-based ingredients in food, beverages, cosmetics, and nutraceuticals. Herb and spice extracts are widely used to enhance the flavor, aroma, color, and shelf life of products, leading to a surge in demand across multiple sectors.
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3069
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Food and Beverage
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