PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1797345
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1797345
Global Jasmine Extracts Market to Reach US$2.3 Billion by 2030
The global market for Jasmine Extracts estimated at US$1.5 Billion in the year 2024, is expected to reach US$2.3 Billion by 2030, growing at a CAGR of 7.7% over the analysis period 2024-2030. Jasmine Essential Oil, one of the segments analyzed in the report, is expected to record a 9.0% CAGR and reach US$1.1 Billion by the end of the analysis period. Growth in the Jasmine Absolute segment is estimated at 5.5% CAGR over the analysis period.
The U.S. Market is Estimated at US$407.1 Million While China is Forecast to Grow at 12.2% CAGR
The Jasmine Extracts market in the U.S. is estimated at US$407.1 Million in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$500.8 Million by the year 2030 trailing a CAGR of 12.2% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.8% and 7.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR.
Global Jasmine Extracts Market - Key Trends & Drivers Summarized
Why Is Jasmine Extract Gaining Popularity in Diverse End-Use Applications?
Jasmine extract, derived from the flowers of Jasminum officinale or Jasminum sambac, is used extensively in fragrance, skincare, aromatherapy, and traditional medicine. Known for its rich floral aroma and potential calming properties, the extract is commonly found in perfumes, essential oils, facial serums, hair care, and herbal blends. Demand is increasing due to rising interest in natural and plant-based ingredients across personal care and wellness sectors.
The extract is also valued for its antimicrobial and antioxidant properties, making it a sought-after ingredient in herbal skincare and natural formulations. As consumer preferences shift toward botanical and functional beauty ingredients, jasmine extract is gaining attention for its dual role in sensory enhancement and topical benefits. This is driving inclusion across premium, clean-label, and luxury product segments.
What Extraction Methods and Product Formats Are Shaping Supply?
Jasmine extract is typically obtained through solvent extraction or steam distillation, with absolute oil being the most concentrated and aromatic form. Supercritical CO2 extraction is also being explored to achieve higher purity and preserve aromatic compounds. Producers are focusing on preserving natural integrity and minimizing synthetic processing to cater to natural beauty and wellness markets.
Product formats include essential oils, hydrosols, infusions, and powdered extracts, each tailored for specific applications such as perfumery, skincare, or aromatherapy. Cold-pressed and organic-certified options are gaining popularity among formulators seeking transparency and certification for ethical sourcing and sustainability. Blends of jasmine with other floral or herbal ingredients are also being introduced to create multi-functional product lines.
Where Is Market Growth Accelerating, and Who Are the Major End-Users?
Personal care brands, aromatherapy product manufacturers, and herbal supplement producers are the primary buyers of jasmine extract. Niche perfumery and luxury beauty sectors rely on jasmine absolutes for premium fragrance compositions, while spa and wellness centers use the extract in massage oils, diffusers, and skin treatments. Clean beauty startups and natural skincare formulators are increasingly sourcing jasmine for formulations focused on sensitive and aging skin.
Asia Pacific remains a key production hub due to favorable climatic conditions and established jasmine cultivation in countries like India, China, and Thailand. North America and Europe are major consumption markets, particularly in premium personal care and therapeutic applications. Global demand is also rising in natural household products and artisanal formulations.
What Is Driving Growth in the Jasmine Extracts Market?
Growth in the jasmine extracts market is driven by several factors including rising demand for botanical-based cosmetic and wellness products, growing interest in aromatherapy and therapeutic fragrances, and increasing availability of high-purity jasmine derivatives for industrial use. Advancements in extraction technologies, quality control, and organic cultivation practices are supporting consistent product availability.
End-use expansion into natural skincare, aromatherapy, spa wellness, and fragrance design is broadening application scope. Clean-label preferences, premiumization in beauty products, and wellness-focused product innovation are reinforcing jasmine extract’s role in holistic self-care. As botanical actives become central to product development across personal and lifestyle care segments, jasmine extract continues to find new relevance in global consumer markets.
SCOPE OF STUDY:
The report analyzes the Jasmine Extracts market in terms of units by the following Segments, and Geographic Regions/Countries:
Segments:
Product Type (Jasmine Essential Oil, Jasmine Absolute, Jasmine Concrete, Other Product Types); Distribution Channel (Online Distribution Channel, Supermarkets / Hypermarkets, Specialty Stores, Other Distribution Channels); Application (Cosmetics & Personal Care Application, Food & Beverages Application, Pharmaceuticals Application, Other Applications)
Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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