The Australia botanicals market size was valued at USD 4.86 Billion in 2024. The market is further projected to grow at a CAGR of 6.20% between 2025 and 2034, reaching a value of USD 8.87 Billion by 2034.
Base Year
Historical Year
Forecast Year
Notably, there are more than 140 botanical gardens across Australia.
The Flora of Australia online by the Australian Biological Resources Study (ABRS) provides comprehensive information on Australia’s plant life.
Regulatory bodies, such as the Food and Drug Administration (FDA), have imposed restrictions on artificial flavourings, which is further promoting the use of botanicals.
Prominent companies in the market are Pocket Herbs & Produce, The Pharmaceutical Plant Company Pty Ltd, and The Herbal Extract Company of Australia.
Value in USD Billion
2025-2034
Australia Botanicals Market Outlook
*this image is indicative*
According to Australia botanicals market analysis, the growth of the market is driven by the increasing demand for organic and natural raw materials and the rising consumer preference for cleaner-label products. These factors have significantly influenced consumer choices, leading to a surge in sales of botanical ingredients across markets.
The botanicals market is also witnessing a shift towards sustainable sourcing of botanical ingredients and adherence to ethical practices. Consumers and stakeholders are placing importance on environmental impact, biodiversity conservation, and fair-trade practices, influencing market players to adopt sustainable sourcing strategies to meet consumer expectations.
One example is the sourcing of organic Shea Nuts from highland farms in Guinea, West Africa, by Mac's Shortbread Company Pty. Ltd. Implemented in September 2023, this sourcing allowed for lower-waste harvesting and production of premium shea butter rich in vitamins and natural extracts, supporting local village farmers and their families through fair trade practices. Another example is the partnership between Babo Botanicals and a woman-owned farm in Australia for sourcing Eucalyptus Oil using 100% renewable energy. This sustainable approach was established in May 2022. It ensures responsible farming practices and aligns with the company's commitment to using botanical ingredients sourced ethically and sustainably.
In applications, botanical ingredients like turmeric, beetroot, green tea, fenugreek seeds, and liquorice root are commonly used in animal feed industry for their various health benefits and nutritional support. These botanicals serve as natural additives that contribute to the overall well-being of animals, providing functional advantages such as anti-inflammatory properties, antioxidant effects, appetite stimulation, and colour enhancement in animal feed formulations. This segment is expanding as consumers show a preference for natural and sustainable options in animal nutrition.
The pharmaceutical sector is also leveraging botanical ingredients, such as turmeric, ginseng, and ginger, for their medicinal properties and the segment is growing due to the rising demand for plant-based ingredients in healthcare products, aligning with consumer preferences for natural remedies. Moreover, in the cosmetics & skincare segment, consumers are increasingly choosing products with botanical extracts for their natural and beneficial properties, which is propelling Australia botanicals market growth. For example, botanical extracts like aloe vera or green tea are commonly used in skincare products due to their soothing and antioxidant properties.
Australia Botanicals Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Source
Market Breakup by Form
Market Breakup by Application
Market Breakup by Region
Market players are focused on sourcing botanicals using sustainable and ethical practises to comply with regulations and strengthen their market positioning.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2024, the market reached an approximate value of USD 4.86 Billion.
The market is expected to grow at a CAGR of 6.20% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach USD 8.87 Billion by 2034.
The market is being driven due to growing demand for natural ingredients in food, cosmetics, and medicines; rise of plant-based diets, and increasing use of botanicals in pharmaceuticals.
Key trends aiding the market expansion are the use of botanicals as an herbal remedy and growing emphasis on transparency in labelling of ingredients.
Regions considered in the market are New South Wales, Victoria, Queensland, Western Australia, and Australian Capital Territory, among others.
Different applications of botanicals are dietary supplements, food and beverage, animal feed, pharmaceutical, cosmetics and skincare, among others.
Liquid and powder forms are considered in the report.
Key players in the market are Pocket Herbs & Produce, The Pharmaceutical Plant Company Pty Ltd, The Herbal Extract Company of Australia, Southern Light Herbs, Three Springs Farm, and Planet Organic, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Source |
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| Breakup by Form |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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