Global Botanical Market Industry Outlook 2024–2030: Growth Dynamics, Functional Ingredients, E-Commerce Expansion, and Strategic Opportunities

The global botanical market is witnessing robust growth driven by rising consumer demand for natural, plant-based, and functional ingredients across food & beverages, pharmaceuticals, dietary supplements, and personal care industries. Valued at USD 80.79 billion in 2024, the market is projected to reach USD 122.89 billion by 2030, growing at a CAGR of 7.24% from 2025 to 2030.