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The size of global sage herb extract market is being aided by the growth of the herbal medicine market, which is expected to grow at a CAGR of 5.8% in the forecast period of 2024-2032.
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Sage herb extract is used to cure inflammations and infections of the mouth and throat, and digestive disorders. It is also used as a fertility drug. In addition, the extract finds its applications in the form of a culinary herb. Many herbs are made using sage leaf, which has provided impetus to the market.
The rising demand for organic ingredients and the increasing use of sage herb extract in various applications such as food and beverages, pharmaceuticals, and cosmetics are contributing to the sage herb extract market expansion. Furthermore, the growing health consciousness and the use of sage herb extract to protect the skin and promote strong and vigorous hair are other factors guiding the market’s growth.
Increasing demand for herbal medicines, growing use of sage extract in cosmetics, and wide applications in food and beverage industry are factors shaping the sage herb extract market
February 2024
Stratum Nutrition has expanded its portfolio with the acquisition of Sibelius Sage, a unique S. officinalis (sage) extract clinically proven to improve memory and attention with a single dose. The acquisition solidifies Stratum's position as a leading supplier of science-backed ingredients for human health.
January 2023
Michigan State University researchers have discovered new molecular adaptations in ancient mint plants, including sage. Sage, a natural antimicrobial, is effective against tuberculosis, and this finding opens the door for further exploration of its potential uses.
July 2022
Sierra Sage Herbs, a female-founded all-natural body care company, launched its plant-based first-aid collection on a health-e commerce. The collection includes products such as Burn Repair, First Aid, Pain Relief, Poison Ivy, and Tattoo Aftercare salves, all formulated with natural ingredients.
Growing demand for herbal medicines
The sage herb extract market growth is driven by the increasing demand for herbal medicines over synthetic medications. This trend is fuelled by the growing awareness of the health benefits of herbal remedies.
Rising use in cosmetics and personal care
Another key trend in sage herb extract market is the growing use of sage extract in cosmetics and personal care products. Sage extract is valued for its antioxidant and anti-inflammatory properties, which make it an effective ingredient in skincare and haircare products.
Expanding applications in food and beverage
Sage extract is used as a flavouring agent and preservative in various food products, such as sauces, marinades, and teas. The trend towards healthier and more natural food options is driving the demand for sage extract in this sector.
Several studies regarding the sage herb extract have shown positive results in controlling, preventing, or curing numerous diseases naturally. The components in sage herb extract like flavonoids, terpenoids, and essential oils have been proven beneficial in shielding the body against oxidative stress, virus infection, inflammation, and free radical damages, among others. This has led to the rise in the consumer confidence in the products containing sage herb, thus, influencing the sage herb extract market development.
Moreover, consumers are becoming more environmentally conscious and are seeking out products that are produced using eco-friendly methods. This trend is driving the demand for organic sage herb extract, which is expected to continue growing as consumers become more aware of sustainable production practices.
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The EMR’s report titled “Sage Herb Extract Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Market Breakup by Nature
Market Breakup by Form
Market Breakup by End Use
Market Breakup by Distribution Channel
Market Breakup by Region
Organic sage herb extract is expected to witness rising demand due to the shift towards eco-friendly products
Organic sage herb extract is derived from organic sage plants that are grown without the use of synthetic pesticides, herbicides, or fertilisers. This type of extract is considered more natural and is often preferred by consumers who prioritise health and wellness. Meanwhile, conventional sage herb extract is derived from conventionally grown sage plants that may use synthetic pesticides, herbicides, or fertilisers. This type of extract is often less expensive than organic sage herb extract but may have potential environmental and health impacts.
As per sage herb extract market analysis, the organic segment is expected to gain popularity over the forecast period, driven by the increasing demand for natural and organic products in various industries such as food, beverages, and cosmetics and the growing awareness of the health benefits of organic sage herb extract.
Increasing consumer awareness regarding the health benefits and versatility of sage extract has driven its demand across different end-use segments
Sage extract is used as a flavour enhancer in various food and beverage products due to its distinct aroma and taste. The growing demand for natural flavours and ingredients has driven the use of sage extract in the food and beverage industry. Sage extract is also used in the pharmaceutical industry due to its potential health benefits and medicinal properties. It is known to possess anti-inflammatory, antioxidant, antiseptic, antibacterial, and expectorant properties, which is why it used in herbal medicines and supplements, to treat conditions like digestive disorders, high cholesterol, and diabetes.
Furthermore, the cosmetics industry is another significant end user in sage herb extract market report. Sage extract is used in various skincare and personal care products due to its anti-aging properties and ability to prevent sagging skin, wrinkles, and fine lines. It is also used in massage oils and aromatherapy applications to provide relief from muscular pains and to stimulate the mind. The growing demand for natural ingredients in cosmetics has further boosted the use of sage extract in the industry.
Market players are investing in research and development to introduce innovative sage extract-based products to cater to the growing demand for herbal medicines and organic ingredients
McCormick & Company, Inc. is a global leader in manufacturing, marketing, and distributing spices, seasoning mixes, condiments, and other flavourful products. The company was founded in 1889 and has since grown to operate over 40 manufacturing facilities in 21 countries. It is based in Maryland, United States.
Bio Botanica, Inc. was founded in 1972 and is headquartered in New York, United States. It offers botanical extracts derived from herbs, flowers, fruits, and vegetables, which are used in skincare, haircare, and dietary supplements. Bio Botanica also operates a research and development laboratory that explores the properties of botanical ingredients.
Badia Spices Inc. is an American manufacturer of spices and herbs founded in 1967 in Florida, United States. The company sells over 400 products, including raw spices and herbs, blended spices, and dried chili peppers, in the United States and more than 70 other countries.
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North American region dominates the market due to the high demand for natural and organic products in the regional industries
The North American sage herb extract market is expected to grow significantly in the coming years, driven by the rising demand for natural products in the food, beverage, and cosmetic industries. In 2022, Sibelius, a leading manufacturer of sage extract, announced the expansion of its production facility in the United States to meet the increasing demand for its products.
The Asia Pacific region also holds a sizable sage herb extract market share as China’s expanding pharmaceutical industry is a significant consumer of sage extract due to its potential health benefits and medicinal properties. Chinese companies like Wuhan Dahua and App Chem-Bio are major manufacturers of sage extract in the region.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
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 Nature |
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Breakup by Form |
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Breakup by End Use |
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Breakup by Distribution Channel |
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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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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Sage Herb Extract Market Growth
Sage Herb Extract Market Trends
Sage Herb Extract Market Share
*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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The global sage herb extract market is being aided by the growth of the herbal medicine market, which is expected to grow at a CAGR of 5.8% in the forecast period of 2024-2032.
The major drivers of the market include the rising disposable incomes, the growing demand for herbal medicines in developing regions, and the product’s extensive range of applications in the food and cosmetic sectors.
Key trends aiding market expansion include the growing health consciousness, the rising demand for organic sage herb, and the increasing use of the product to protect the skin and promote strong and vigorous hair.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The major forms of sage herb extract in the market are powder and liquid.
Food and beverage, pharmaceuticals, and cosmetics, among others, are the significant end uses of sage herb extract.
The leading distribution channels in the market are direct and indirect.
Key players in the market are McCormick & Company, Inc., Badia Spices Inc., and Bio Botanica, Inc., among others.
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