Centella Asiatica Extract Global Market Report 2025

The centella asiatica extract market size has grown strongly in recent years. It will grow from $1.39 billion in 2024 to $1.51 billion in 2025 at a compound annual growth rate (CAGR) of 8.4%. The growth during the historic period can be attributed to several factors, including the rising demand for natural skincare ingredients, increased dermatological research, greater e-commerce penetration, growth in the functional food sector, and the expansion of Korean skincare brands.

The centella asiatica extract market size is expected to see strong growth in the next few years. It will grow to $2.06 billion in 2029 at a compound annual growth rate (CAGR) of 8.1%. The growth during the forecast period can be attributed to several factors, including rising interest in adaptogens and wellness drinks, the expanding male skincare segment, the increasing prevalence of skin conditions, expansion into pet care and veterinary dermatology, and growth in anti-aging products. Key trends during this period include advancements in extraction technologies, bioavailability enhancement techniques, personalized skincare and health solutions, hybrid formulations, and microencapsulation for improved delivery systems.

The increasing demand for natural skincare products is expected to drive the growth of the centella asiatica extracts market moving forward. Natural skincare products are cosmetic or therapeutic items made from ingredients derived from nature, such as plants, minerals, and essential oils, without the use of synthetic chemicals or artificial additives. This growing demand is driven by heightened consumer awareness of the potential harmful effects of synthetic chemicals and a growing preference for eco-friendly, sustainable alternatives. Centella asiatica extract is widely used in natural skincare products for its soothing, healing, and anti-inflammatory properties, which help improve skin hydration, promote collagen production, and reduce the appearance of scars and fine lines. For instance, in March 2023, the British Beauty Council reported that 56,000 products and ingredients were awarded the COSMOS certification in 2022, marking a 22% year-on-year growth. Thus, the rising demand for natural skincare products is fueling the growth of the centella asiatica extracts market.

Leading companies in the centella asiatica extract market are focusing on developing innovative products, such as natural active cosmetic ingredients, to enhance the effectiveness of their products by targeting specific skin concerns. They leverage the proven benefits of centella asiatica, which is known for its soothing, anti-aging, and skin-healing properties. A natural active cosmetic ingredient is a plant-derived or naturally sourced compound used in skincare and beauty products to deliver beneficial effects, such as moisturizing, anti-aging, or soothing properties. For example, in May 2022, Givaudan Active Beauty, a Switzerland-based company specializing in the development of ingredients for personal care, launched Centella Cast, a natural active cosmetic ingredient designed to reduce the appearance of stretch marks. Centella Cast utilizes the powerful skin-healing properties of Centella asiatica to improve skin texture and elasticity, resulting in smoother, more even skin. This product provides a safe, effective, and innovative solution for preventing and treating stretch marks in skincare.

In April 2024, Tata Consumer Products Ltd., an India-based fast-moving consumer goods company, acquired a 99.99% stake in Organic India Private Limited from Fabindia Limited for $0.2317 billion. With this acquisition, Tata Consumer Products Ltd. aims to strengthen its health and wellness portfolio, expand its presence in the organic and premium food segment, and leverage synergies to accelerate growth both in India and globally. Organic India Private Limited is an India-based company that manufactures organic wellness products, including Centella Asiatica extract, with a focus on sustainable and ethical sourcing practices.

Major players in the centella asiatica extract market are BASF SE, L'Oréal S.A., Estee Lauder Companies Inc., Givaudan S.A., Amorepacific Corporation, Croda International, Franken Biochem Co. Ltd., Indena S.P.A., Guangxi Changzhou Natural Pharmaceutical, Sederma Inc., Alkaloids Corporation, Sabinsa Corporation, Alchem International Pvt. Ltd., Botanic Healthcare Pvt. Ltd., Lipoid Kosmetik AG, Seppic, S.V. Agro Food, Benton Cosmetics Co. Ltd., Lotion Crafter LLC, SkinRx Lab, and Purito Cosmetics.

Asia-Pacific was the largest region in the centella asiatica extract market in 2024, and it is expected to be the fastest-growing region in the forecast period. The regions covered in centella asiatica extract report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the centella asiatica extract market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Centella asiatica extract is a natural ingredient derived from the leaves and stems of the centella asiatica plant, known for its rich content of bioactive compounds, including asiaticoside and madecassoside. These compounds are valued for their healing, anti-inflammatory, and skin-repairing properties, and are commonly used in both cosmetic and pharmaceutical products to promote skin regeneration and soothe sensitive or damaged skin.

The main types of products containing centella asiatica extract include liquid extracts, powdered extracts, creams and gels, infused oils, capsules, and tablets. A liquid extract of centella asiatica is a concentrated form of the plant’s active compounds, typically dissolved in a solvent and utilized for its therapeutic and cosmetic benefits. These products are distributed through various channels, such as online stores, supermarkets, and specialty stores. The key end users of centella asiatica extract include beauty product manufacturers, pharmaceutical companies, nutraceutical companies, retailers, and end consumers.

The centella asiatica extract market research report is one of a series of new reports that provides centella asiatica extract market statistics, including the centella asiatica extract industry global market size, regional shares, competitors with the centella asiatica extract market share, detailed centella asiatica extract market segments, market trends, and opportunities, and any further data you may need to thrive in the centella asiatica extract industry. This centella asiatica extract market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The centella asiatica extract market consists of sales of serums, lotions, oil-based extracts, hair care products, and oral supplements. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.