The Global Liquid Botanical Extract Market was valued at USD 8.92 Billion in 2024 and is projected to reach USD 13.65 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.1% during the forecast period (2024–2030). This robust growth is driven by increasing consumer preference for natural and organic ingredients, rising demand in functional food and beverage applications, and the expanding use of botanical extracts in pharmaceuticals and personal care products.

As the health and wellness trend continues to gain momentum globally, the focus shifts to the key ingredient suppliers who are pioneering extraction technologies, ensuring supply chain sustainability, and meeting stringent quality standards. In this blog, we profile the Top 10 Companies in the Liquid Botanical Extract Industry—a dynamic mix of flavor and fragrance giants, specialty ingredient suppliers, and dedicated botanical processors shaping the future of natural products.

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🔟 1. International Flavors & Fragrances Inc. (IFF)

Headquarters: New York, New York, USA
Key Offering: A comprehensive portfolio of liquid botanical extracts for flavors, fragrances, and health solutions.

IFF is a global leader following its merger with DuPont’s Nutrition & Biosciences business, creating a powerhouse in natural ingredients. Their Health & Biosciences division leverages advanced biotechnology and traditional extraction methods to produce high-purity botanical extracts used in nutraceuticals, food, and beverage applications worldwide.

Sustainability and Innovation Initiatives:

• Commitment to 100% sustainably sourced palm-derived ingredients by 2025

• Investment in green extraction technologies to reduce environmental footprint

• Extensive R&D in bioavailability enhancement of botanical actives

Download FREE Sample Report: Liquid Botanical Extract Market – View in Detailed Research Report

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9️⃣ 2. Kerry Group

Headquarters: Tralee, County Kerry, Ireland
Key Offering: Taste and nutrition solutions including a wide range of liquid botanical extracts.

Kerry Group’s extensive portfolio serves the food, beverage, and pharmaceutical industries with natural extracts derived from spices, herbs, fruits, and other botanicals. Their global presence and application expertise make them a preferred partner for clean-label product development.

Sustainability and Innovation Initiatives:

• Beyond the Horizon sustainability strategy targeting reduced carbon intensity

• Development of proprietary extraction methods for maximum potency retention

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8️⃣ 3. Kalsec Inc.

Headquarters: Kalamazoo, Michigan, USA
Key Offering: Natural spice and herb extracts, hop extracts, and vegetable extracts.

A family-owned company with over 60 years of experience, Kalsec specializes in natural extract solutions for flavor, color, and wellness. Their vertically integrated operations from sourcing to extraction ensure consistent quality and traceability for food and beverage manufacturers globally.

Sustainability and Innovation Initiatives:

• DyeTrain® program ensuring supply chain transparency and sustainable sourcing

• Continuous improvement in water and energy efficiency across manufacturing facilities

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7️⃣ 4. PT. Indesso Aroma

Headquarters: Jakarta, Indonesia
Key Offering: Natural aroma chemicals and botanical extracts from Indonesian sourced materials.

Leveraging Indonesia’s rich biodiversity, PT. Indesso Aroma produces high-quality botanical extracts, particularly from spices like clove, nutmeg, and cinnamon. Their strategic location provides access to premium raw materials for the global flavor and fragrance market.

Sustainability and Innovation Initiatives:

• Direct engagement with local farming communities for sustainable sourcing

• Implementation of green chemistry principles in extraction processes

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6️⃣ 5. Bell Flavors & Fragrances

Headquarters: Northbrook, Illinois, USA
Key Offering: Customized flavor systems and botanical extracts for diverse applications.

With over a century of experience, Bell Flavors & Fragrances offers innovative botanical extract solutions tailored to specific customer needs. Their global network of flavorists and application specialists develops extracts that meet regional taste preferences and regulatory requirements.

Sustainability and Innovation Initiatives:

• Partnerships with certified organic and sustainable farms

• Investment in state-of-the-art extraction and purification technologies

Download FREE Sample Report: Liquid Botanical Extract Market – View in Detailed Research Report

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5️⃣ 6. Synergy Flavors

Headquarters: Wauconda, Illinois, USA
Key Offering: Natural flavor extracts and taste modulation solutions.

A Carbery Group company, Synergy Flavors specializes in creating authentic taste experiences using natural botanical extracts. Their expertise spans dairy, beverage, and savory applications, with a strong focus on clean-label trends and natural flavor enhancement.

Sustainability and Innovation Initiatives:

• Development of upcycled ingredient solutions from food processing side streams

• Carbon reduction targets aligned with parent company sustainability goals

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4️⃣ 7. Martin Bauer Group

Headquarters: Vestenbergsgreuth, Germany
Key Offering: Tea extracts, herbal extracts, and phytopharmaceutical ingredients.

As a specialist in plant-based ingredients for over 90 years, Martin Bauer Group has established itself as a leader in tea and herbal extracts. Their vertically integrated supply chain ensures full traceability from cultivation to finished extract, serving the beverage, dietary supplement, and pharmaceutical industries.

Sustainability and Innovation Initiatives:

• Extensive sustainability programs with partner farms across 40+ countries

• Pioneering work in water-soluble and standardized botanical extracts

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3️⃣ 8. Synthite Industries Ltd.

Headquarters: Kolenchery, Kerala, India
Key Offering: Spice oleoresins, botanical extracts, and essential oils.

Synthite is the world’s largest producer of spice oleoresins, leveraging India’s position as the spice capital. Their advanced extraction facilities and strong farmer partnerships enable consistent supply of high-quality botanical extracts to global customers in food, personal care, and pharmaceutical sectors.

Sustainability and Innovation Initiatives:

• Direct sourcing from over 100,000 farmers ensuring fair trade practices

• Significant investments in green technology for reduced solvent consumption

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2️⃣ 9. Ransom Naturals Ltd.

Headquarters: Hitchin, Hertfordshire, UK
Key Offering: High-quality tinctures and liquid botanical extracts.

With a heritage dating back to 1914, Ransom Naturals specializes in traditional extraction methods combined with modern quality control. They produce a wide range of liquid botanical extracts primarily for the herbal medicine, beverage, and natural health product industries.

Sustainability and Innovation Initiatives:

• Long-term partnerships with certified organic growers

• Continuous improvement in extraction efficiency and waste reduction

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1️⃣ 10. Kuber Impex Ltd.

Headquarters: Mumbai, Maharashtra, India
Key Offering: Botanical extracts, herbal extracts, and phytochemicals.

Kuber Impex has established itself as a reliable global supplier of standardized botanical extracts. Their strong presence in the Asian market and competitive pricing make them a key player in supplying cost-effective natural ingredient solutions to various industries.

Sustainability and Innovation Initiatives:

• Focus on sustainable wildcrafting and cultivation practices

• Investment in advanced analytical capabilities for quality assurance

Read Full Report: Liquid Botanical Extract Market – View in Detailed Research Report

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🌿 Outlook: The Future of Liquid Botanical Extracts Is Natural and Scientifically Validated

The liquid botanical extract market is experiencing a paradigm shift toward evidence-based natural solutions. While traditional applications continue to dominate, the industry is rapidly innovating in extraction technologies, standardization methods, and clinical validation to meet increasingly sophisticated consumer demands.

📈 Key Trends Shaping the Market:

• Rising demand for organic and sustainably sourced botanical ingredients

• Growing scientific validation of botanical efficacy in health applications

• Advancements in extraction technologies enhancing bioavailability and potency

• Expansion into new applications including pet food, cosmetics, and functional beverages

Read Full Report: Liquid Botanical Extract Market – View in Detailed Research Report

The companies listed above are not only supplying natural ingredients—they’re driving the scientific validation and sustainable sourcing that will define the future of plant-based solutions across multiple industries.