Centella Asiatica Extract Market Report 2026

The centella asiatica extract market size has grown strongly in recent years. It will grow from $1.51 billion in 2025 to $1.63 billion in 2026 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to growth of herbal medicine adoption, increasing use of botanical extracts in cosmetics, expansion of traditional medicine markets, rising consumer awareness of natural skincare, availability of plant extraction technologies.

The centella asiatica extract market size is expected to see strong growth in the next few years. It will grow to $2.22 billion in 2030 at a compound annual growth rate (CAGR) of 8%. The growth in the forecast period can be attributed to growing demand for clean beauty products, expansion of clinical skincare applications, increasing investments in botanical research, rising popularity of ingestible beauty supplements, growth of premium herbal ingredient sourcing. Major trends in the forecast period include rising demand for natural and herbal ingredients, expansion of skin-repair and healing formulations, growing use in sensitive skin products, increasing adoption in nutraceutical supplements, enhanced focus on traceable botanical sourcing.

The growing demand for natural skincare products is expected to drive the expansion of the centella asiatica extracts market in the coming years. Natural skincare products are cosmetic or therapeutic formulations made using ingredients sourced from nature, such as plants, minerals, and essential oils, without synthetic chemicals or artificial additives. The rising preference for natural skincare is largely driven by increased consumer awareness of the potential adverse effects of synthetic ingredients, along with a stronger inclination toward eco-friendly and sustainable alternatives. Centella asiatica extract is widely used in natural skincare formulations due to its soothing, healing, and anti-inflammatory properties, which help enhance skin hydration, stimulate collagen production, and reduce the appearance of scars and fine lines. For instance, in May 2025, according to COSMOS-standard AISBL, a Belgium-based non-profit certification organization, more than 32,500 cosmetic products across 81 countries had obtained COSMOS ORGANIC or COSMOS NATURAL certification, along with over 12,400 certified raw materials, including botanical extracts. Therefore, the increasing demand for natural skincare products is fueling the growth of the centella asiatica extracts market.

Major companies operating in the centella asiatica extract market are concentrating on developing advanced solutions, such as high-purity and standardized plant-derived actives, to enhance skin-repair effectiveness, improve anti-inflammatory performance, and address growing consumer demand for natural, efficient, and skin-friendly ingredients. High-purity botanical actives are specialized plant-based extracts produced using optimized extraction and stabilization techniques to ensure consistent potency, safety, and targeted skin benefits. For example, in October 2025, Plamed Green Science Group, a China-based botanical ingredient manufacturer, introduced PMRepair Centella at in-cosmetics Asia 2025. This next-generation Centella asiatica-derived active is formulated to deliver improved skin repair, anti-inflammatory, and antioxidant benefits through standardized extraction methods and optimized bioactive composition. Designed to support formulation accuracy and enhanced product performance, PMRepair Centella provides a powerful natural solution for soothing damaged skin and reinforcing the skin barrier.

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. Through this acquisition, Tata Consumer Products Ltd. seeks to strengthen its health and wellness portfolio, expand its footprint in the organic and premium food segment, and capitalize on synergies to accelerate growth in both domestic and international markets. Organic India Private Limited is an India-based company that produces organic wellness products, including Centella asiatica extract, with a strong emphasis on sustainable and ethical sourcing practices.

Major companies operating 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, Purito Cosmetics.

Asia-Pacific was the largest region in the centella asiatica extract market in 2025, and it is expected to be the fastest-growing region in the forecast period. The regions covered in the centella asiatica extract market report are Asia-Pacific, South East Asia, 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, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

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 that 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.

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