The global rosehip extract market is expected to slingshot from USD 324.0 million in 2024 to USD 547.0 million by 2034. Through the forecast period, the CAGR of the market is highlighted to be 5.1%.
| Attributes | Key Insights |
|---|---|
| Estimated Global Rosehip Extract Market Size (2024E) | USD 324.0 million |
| Projected Rosehip Extract Market Value (2034F) | USD 547.0 million |
| Value-based CAGR (2024 to 2034) | 5.1% |
The rosehip extract is driven by the high concentration of bioactive components present in rosehips, especially natural antioxidants like vitamin C, polyphenols, and carotenoids. Due to its potential skincare benefits, rosehip botanical extracts are widely used in cosmetic and personal care products.
Consumers worldwide are redefining what it means to stay healthy, and this shift is boosting the demand for health products. Increasing awareness and interest in natural remedies for health issues such as osteoarthritis and post-surgical pain is contributing to the expansion of the rosehip extract market.
Extracted rosehip finds applications beyond supplements and skincare, in many food and beverage products. Examples of such products are herbal teas, juices, and functional foods-all categories that are driven by interest from consumers who want to add health-promoting ingredients to their diets.
With the rise of e-commerce platforms, it is very easy for consumers to gain access to rosehip extract products nowadays. Online sales channels allow companies to reach a broad customer base and showcase several rosehip extract-based products.
Exclusive Offer: 30% Off on Regional Reports
Get a free sample report and customize your regions for a 30% discount on your regional report!
The global rosehip extract sales grew at a CAGR of 4.3% from 2019 to 2023. The growth of rosehip extracts from 2019 to 2023 can be attributed to a convergence of factors:
Through 2034, the rosehip extract market is expected to book a 5.1% CAGR.
The table below shows the estimated growth rates of the top five countries. The United States, China, and India are set to record high CAGRs of 4.5%, 5.6%, and 6.4%, respectively, through 2034.
| Countries | Projected CAGR (2024 to 2034) |
|---|---|
| United States | 4.5% |
| United Kingdom | 3.4% |
| China | 5.6% |
| India | 6.4% |
| Japan | 4.1% |
The table below explains the rosehip extract market size of the top five countries for 2034. Among them, the United States is anticipated to remain at the forefront by reaching a valuation of USD 103.9 million. The United Kingdom is expected to reach around USD 54.7 million by 2034, less than China's USD 98.4 million.
| Countries | Market Size (2034) |
|---|---|
| United States | USD 103.9 million |
| United Kingdom | USD 54.7 million |
| China | USD 98.4 million |
| India | USD 49.2 million |
| Japan | USD 38.2 million |
The United States rosehip extract industry is invoked to book a CAGR of 4.5% during the forecast period. By 2034, the market in the United States is expected to reach USD 103.9 million.
Rosehip extract demand in China is expected to register a steady CAGR of 5.6% during the forecast period, helped by the following factors:
Japan's rosehip extract market is anticipated to reach the height of around USD 38.2 million by 2034 due to a mix of factors including:
The demand for rosehip extracts is increasing in the United Kingdom, with a projected CAGR of 3.4% through 2034. The following factors influence demand in the United Kingdom:
The rosehip extract market is forecasted to book a CAGR of 6.4% in India over the forecast period. The factors driving the market’s growth are as follows:
Check Free Sample Report & Save 40%!
Select your niche segments and personalize your insights for smart savings. Cut costs now!
The section below shows the liquid extract segment dominating by product form. It is predicted to hold a market share of 5.6% in 2024. Based on end-use, the cosmetics and personal care segment is anticipated to generate a dominant share through 2024. It is set to hold a share of 7.1% in 2024.
| Segment | Market Share (2024) |
|---|---|
| Liquid Extract (Product Form) | 5.6% |
| Cosmetics and Personal Care (End-use) | 7.1% |
The demand for liquid rosehip extracts is expected to be prominent, based on the product form.
Based on end-use, the cosmetics and personal care segment is expected to hold a significant market share in 2024.
The leading manufacturers of rosehip extracts strive to enhance the quality of their products continually to match the altering set of expectations and needs of consumers. They are implementing complex strategies for mergers, acquisitions, partnerships, distribution agreements, collaborations, advertisements, and celebrity endorsements to further strengthen their positions in the market.
For instance
The market is set to reach USD 324.0 million in 2024.
Demand for rosehip extracts is slated to expand at a 5.1% CAGR by 2034.
The market is set to reach USD 547.0 million in 2034.
S.A. Herbal Bioactives LLP, Afriplex, and Spectrum Chemical are the key players.
The liquid extract segment is estimated to hold a significant market share in 2024.
| Estimated Market Size (2024E) | USD 46.5 billion |
|---|---|
| Projected Market Value (2034F) | USD 81 billion |
| Value-based CAGR (2024 to 2034) | 5.7% |
| Market Estimated Revenue (2023E) | USD 1,243.6 million |
|---|---|
| Market Projected Revenue (2033F) | USD 4,986.4 million |
| Market Value-based CAGR (2023 to 2033) | 14.9% |
| Estimated Value (2032) | USD 30.9 Billion |
|---|---|
| Value-based CAGR | 11% |
Explore Functional Food Ingredients Insights
View Reports
Rosehip Extract Market
Thank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.
