Cosmetic Grade Centella Asiatica Extract Market Size, Share, Growth, and Industry Analysis, By Types (Liquid, Powder) , Applications (Skin Care, Makeup, Others) and Regional Insights and Forecast to 2033

Cosmetic Grade Centella Asiatica Extract Market Size

The Cosmetic Grade Centella Asiatica Extract Market was valued at USD 18.97 million in 2024 and is expected to reach USD 20.66 million in 2025, growing to USD 40.87 million by 2033. This reflects a compound annual growth rate (CAGR) of 8.9% over the forecast period from 2025 to 2033.

The US Cosmetic Grade Centella Asiatica Extract Market is poised for significant growth, driven by increasing demand for natural skincare ingredients, rising consumer awareness of herbal extracts, and expanding applications in anti-aging and skincare formulations across the beauty and personal care industry.

The Cosmetic Grade Centella Asiatica Extract Market is growing rapidly due to increasing consumer demand for natural skincare solutions. Centella Asiatica is highly valued for its anti-aging, anti-inflammatory, and skin-healing properties, making it a key ingredient in serums, creams, masks, and lotions. The market is driven by rising awareness of plant-based skincare, particularly in Asia-Pacific, which holds over 40% of the global market share. South Korea, China, and India lead in production, benefiting from abundant raw material availability. Additionally, the shift toward chemical-free, organic formulations is influencing product innovation and increasing the adoption of Centella-based cosmetics worldwide.

Cosmetic Grade Centella Asiatica Extract Market Trends

The Cosmetic Grade Centella Asiatica Extract Market is experiencing significant growth due to rising consumer preference for clean beauty and natural skincare solutions. Over 60% of skincare brands now incorporate Centella Asiatica in their formulations, recognizing its collagen-boosting, hydrating, and skin-soothing benefits. The demand for moisturizing (35%), healing (25%), and anti-aging (30%) products containing Centella Asiatica is increasing, with serums and lotions accounting for over 40% of product usage.

The male grooming sector, representing nearly 20% of the market, is expanding as brands introduce Centella-infused aftershave balms and face creams for skin repair and hydration. Meanwhile, supermarkets and hypermarkets contribute 36% of global Centella cosmetics sales, while online sales account for over 30%, driven by platforms like Amazon, Sephora, and YesStyle.

Geographically, Asia-Pacific dominates with over 40% of market share, fueled by K-Beauty trends and strong skincare industry growth. North America and Europe are emerging as key markets, with 25% and 20% shares, respectively, as consumers increasingly prioritize organic and dermatologist-recommended skincare products. This trend is pushing brands to invest in research, product innovation, and sustainable ingredient sourcing to meet the growing demand.

Cosmetic Grade Centella Asiatica Extract Market Dynamics

The Cosmetic Grade Centella Asiatica Extract Market is shaped by shifting consumer preferences, growing scientific backing, and increasing demand for natural skincare solutions. The market is witnessing strong adoption in anti-aging, moisturizing, and skin-healing formulations, with over 60% of skincare brands incorporating Centella Asiatica in their products. The growing influence of K-Beauty, online retail expansion, and clean beauty trends are fueling industry growth. However, challenges such as supply chain instability, quality control issues, and the high cost of organic cultivation impact market expansion. With rising interest in sustainable and botanical skincare, key players are investing in research and product innovation to capitalize on emerging opportunities.

Drivers of Market Growth

"Increasing Demand for Natural and Organic Skincare"

The growing consumer preference for chemical-free cosmetics is driving demand for Centella Asiatica-infused products. Nearly 70% of consumers now prioritize natural and organic skincare, leading brands to replace synthetic ingredients with botanical extracts. Additionally, over 50% of dermatologists recommend Centella-based formulations due to their anti-inflammatory and wound-healing benefits. The shift towards vegan and cruelty-free beauty products, with more than 45% of skincare users actively seeking such alternatives, is further boosting the market for plant-based skincare solutions.

"Expansion of Online and Retail Distribution Channels"

The rise of e-commerce platforms and specialty beauty retailers has made Centella Asiatica products widely accessible. Online platforms contribute to over 30% of total skincare sales, with major brands leveraging digital marketing and influencer endorsements to promote their products. Supermarkets and hypermarkets contribute another 36% of global Centella cosmetics sales, offering mass-market visibility and promotional campaigns that drive consumer engagement.

Market Restraints

"Supply Chain Limitations and Seasonal Dependency"

The availability of high-quality Centella Asiatica is heavily dependent on climatic conditions. The plant thrives in specific environments, making droughts, floods, and soil degradation major challenges for suppliers. Over 40% of raw material shortages in the industry are attributed to environmental disruptions affecting herbal ingredient yields. Additionally, ensuring organic certification adds to the cost and complexity of production, with 20% of brands facing difficulties in sourcing pesticide-free and sustainable Centella extracts.

"Regulatory and Quality Control Challenges"

The cosmetic industry is highly regulated, with over 35% of new herbal skincare formulations facing delays due to compliance issues. Different regions impose varying quality standards for botanical extracts, requiring brands to undergo extensive testing and certification processes. This results in higher costs and longer product development timelines, limiting the entry of smaller brands into the market.

Market Opportunities

"Growth in the Men’s Grooming Sector"

The male grooming market is expanding rapidly, with 20% of Centella-based skincare sales now attributed to men’s products. Demand for post-shave balms, anti-aging creams, and facial serums containing Centella Asiatica is increasing as men adopt skincare routines focusing on hydration and skin repair. Brands are launching gender-neutral and male-specific Centella-infused products to tap into this growing segment.

"Innovation in Hybrid Skincare Products"

The rise of multifunctional skincare is opening new opportunities for Centella Asiatica. Over 50% of skincare consumers prefer hybrid products, such as tinted moisturizers with healing properties, sunscreens with anti-inflammatory effects, and serums infused with multiple botanical extracts. Companies investing in scientifically backed formulations and dermatologist-endorsed skincare have a competitive advantage in the market.

Market Challenges

"High Production and Formulation Costs"

Extracting pure and potent Centella Asiatica compounds requires advanced processing techniques, contributing to higher manufacturing costs. Brands must balance quality, pricing, and profitability, with premium Centella skincare products costing up to 30% more than conventional alternatives. This pricing disparity limits mass-market adoption, making affordability a challenge for consumers in price-sensitive regions.

"Intense Market Competition and Brand Differentiation"

With over 60% of skincare brands incorporating Centella Asiatica, market saturation is a growing concern. Companies must invest in research, unique formulations, and brand storytelling to differentiate their products. Marketing strategies leveraging influencer collaborations, dermatologist endorsements, and scientific validation are essential to gain a competitive edge.

Segmentation Analysis

The Cosmetic Grade Centella Asiatica Extract Market is segmented based on type and application, which determines its usage across various skincare and cosmetic formulations. The two primary types—liquid and powder extracts—cater to different formulation needs. The application segment covers skincare, makeup, and other uses, with over 60% of Centella Asiatica extract being used in skincare formulations. The demand for powder-based extract is growing due to its higher concentration and extended shelf life, while liquid extract is preferred in serums and toners. The segmentation highlights the diverse functionality of Centella Asiatica, making it a key ingredient in modern cosmetics.

By Type

• Liquid Centella Asiatica Extract: The liquid form of Centella Asiatica extract is widely used in serums, essences, and facial mists, as it blends seamlessly with water-based formulations. Nearly 55% of Centella-infused skincare products use the liquid extract due to its quick absorption and lightweight texture. The soothing and hydrating properties of the liquid extract make it ideal for sensitive and acne-prone skin products. Additionally, it is a key component in anti-aging and brightening formulas, with 40% of premium skincare brands incorporating liquid Centella extract in facial treatments and hydrating solutions.
• Powder Centella Asiatica Extract: Powdered Centella Asiatica extract is gaining popularity due to its higher concentration, longer shelf life, and ease of formulation. It is commonly used in face masks, powder-based exfoliants, and pressed skincare products. Approximately 45% of Centella-based formulations utilize the powder extract, as it allows for customization and high-potency applications. The powder form is also used in DIY skincare products and professional-grade cosmetics, where precise ingredient control is essential. As demand for organic and preservative-free skincare increases, the powdered extract is becoming a preferred choice for eco-conscious consumers.

By Application

• Skin Care: The skincare segment dominates, accounting for over 60% of the market share. Centella Asiatica extract is a staple ingredient in moisturizers, anti-aging serums, acne treatments, and sensitive skin products. More than 70% of Centella-based skincare formulations focus on wound healing, hydration, and collagen synthesis. The rising demand for herbal skincare and dermatologist-recommended solutions has further propelled its usage in calming and soothing formulations.
• Makeup: The makeup industry is integrating Centella Asiatica extract into BB creams, foundations, primers, and setting sprays, accounting for approximately 20% of the total market share. The anti-inflammatory and skin-repairing properties make it a valuable ingredient in long-wear cosmetics that provide both skincare benefits and coverage. Many K-beauty and premium brands are incorporating Centella to create skin-friendly makeup solutions, appealing to consumers who prefer hybrid beauty products.
• Others: Beyond traditional skincare and makeup, Centella Asiatica extract is used in fragrances, body lotions, hair care, and pharmaceutical skincare treatments, accounting for around 20% of its applications. Its use in scalp treatments, post-procedure skincare, and herbal-based wellness products is expanding as more consumers seek multi-functional plant-based solutions in their beauty routines.

Regional Outlook

The Cosmetic Grade Centella Asiatica Extract Market is expanding across multiple regions, with Asia-Pacific dominating due to its strong manufacturing base and high consumer demand. North America and Europe are experiencing significant growth due to increasing consumer awareness of natural skincare. The Middle East & Africa is emerging as a potential market, with rising demand for organic beauty products. Each region has unique growth drivers, distribution channels, and consumer preferences, influencing the overall market landscape.

North America

The North American market accounts for approximately 25% of the global Cosmetic Grade Centella Asiatica Extract Market, with the United States leading the region. The increasing demand for clean beauty and dermatologically tested skincare has fueled Centella-infused product adoption. More than 40% of U.S. consumers prefer plant-based skincare solutions, leading to rising sales in luxury skincare brands and organic product lines. E-commerce platforms like Amazon, Sephora, and Ulta Beauty contribute over 35% of sales in the region. The demand for Centella-based serums, anti-aging creams, and soothing treatments is growing, especially among millennials and Gen Z consumers.

Europe

Europe holds nearly 20% of the global market share, with Germany, France, and the UK driving growth. The rising preference for organic skincare, particularly in France and Germany, has led to increased demand for Centella-infused formulations. Over 50% of European consumers seek cosmetics with natural ingredients, and Centella-based products are among the top choices. The EU regulations on synthetic chemicals have encouraged brands to replace artificial additives with plant-based alternatives, further boosting the market. The retail sector dominates sales, with 30% of Centella-based products sold through supermarkets and department stores.

Asia-Pacific

The Asia-Pacific region leads the global market with over 40% share, driven by South Korea, China, and India. The K-beauty industry plays a crucial role, with more than 50% of Korean skincare brands incorporating Centella Asiatica extract in their formulations. China is experiencing rapid market growth, with Centella-infused products ranking among the top skincare purchases. India is emerging as a strong player due to the Ayurvedic and herbal skincare trend, with over 60% of herbal cosmetic brands including Centella Asiatica in their product lines. Online shopping dominates in the region, with over 45% of sales generated through e-commerce platforms.

Middle East & Africa

The Middle East & Africa market is gradually expanding, accounting for around 15% of the global market. The GCC countries, including the UAE and Saudi Arabia, are experiencing increased demand for luxury skincare products infused with botanical ingredients. Over 30% of premium beauty brands in the region now offer Centella-based products, targeting consumers seeking high-performance natural skincare. In Africa, South Africa leads the market, with a growing preference for herbal cosmetics among over 40% of skincare users. The market is highly influenced by international imports, with global brands penetrating the region through online sales and premium retail outlets.

List of Key Cosmetic Grade Centella Asiatica Extract Market Companies Profiled

• BASF
• Indena S.p.A.
• Symrise
• Croda
• Seppic
• Lipoid Kosmetik AG
• Sabinsa Corporation
• Botanic Healthcare
• Herbal Creations
• Hubei Yuancheng Saichuang Technology

Top 2 Companies with the Highest Market Share

• BASF – Holds approximately 18% of the global market share, leading in Centella-based ingredient innovation for skincare and personal care applications.
• Symrise – Accounts for around 15% of the market, specializing in high-quality botanical extracts and advanced skincare formulations.

Investment Analysis and Opportunities

The Cosmetic Grade Centella Asiatica Extract Market is witnessing significant investment as demand for plant-based and clean beauty formulations continues to rise. Over $2 billion has been invested globally in botanical skincare research in the past five years, with Centella Asiatica emerging as a key ingredient due to its anti-aging, anti-inflammatory, and skin-repairing benefits. Leading cosmetic brands are directing more than 30% of their R&D budgets toward the development of innovative Centella-infused skincare and makeup products, including serums, BB creams, and tinted moisturizers that offer both skincare and cosmetic benefits. The market's rapid expansion is also fueled by consumer preference for organic, vegan, and cruelty-free cosmetics, with over 45% of new product launches falling under the sustainable beauty category.

Emerging markets, particularly in Asia-Pacific, hold over 40% of the global market share, making them a prime area for investment. South Korea alone accounts for more than 50% of global Centella-infused skincare exports, solidifying its role as a dominant force in the market. China and India are also experiencing strong demand, with the Ayurvedic and herbal beauty sector expanding at an unprecedented rate. Meanwhile, in North America and Europe, luxury skincare brands are investing heavily in premium Centella-infused formulations, with over 20% of high-end cosmetic brands incorporating Centella-based products to cater to the growing clean beauty trend.

Sustainability is another key focus, with more than 60% of Centella Asiatica production relying on organic farming methods. Companies are investing in fair-trade ingredient sourcing, eco-friendly packaging, and carbon-neutral supply chains to meet the rising regulatory standards and consumer demand for transparency. More than 30% of cosmetic manufacturers are shifting towards ethically sourced botanical extracts, recognizing that sustainability is not just a trend but a long-term market shift.

The rise of e-commerce and direct-to-consumer (DTC) sales is also transforming the industry, with online beauty sales increasing by over 35% annually. Brands are leveraging AI-driven skincare recommendations, influencer marketing, and social media-driven beauty trends to enhance consumer engagement and drive sales. The growing adoption of personalized skincare solutions, powered by Centella Asiatica's proven benefits, is creating lucrative investment opportunities in digital beauty platforms, subscription-based skincare models, and AI-powered skin analysis technologies. As the global beauty industry shifts towards nature-derived, science-backed, and sustainable skincare solutions, investments in Centella Asiatica extract-based formulations are expected to yield high returns and long-term market stability.

New Product Development

The cosmetic industry is witnessing an influx of innovative products featuring Centella Asiatica extract, driven by its growing demand for skin repair and anti-aging benefits. Korean beauty brands are at the forefront of these developments, with Etude launching the "Soon Jung pH 5.5 Relief Toner", which incorporates Madecassoside, a bioactive compound in Centella Asiatica that enhances skin hydration and soothes irritation. Another notable launch is Jumiso Super Soothing Cica and Aloe Essence Toner, which blends Centella Asiatica with Aloe Vera to provide deep hydration and repair damaged skin barriers. These products cater to a market segment seeking gentle, effective skincare solutions with natural ingredients.

The Neogen Dermalogy Real Cica Pad is another breakthrough, offering pre-soaked exfoliating pads infused with Centella Asiatica to promote skin renewal while minimizing sensitivity. Additionally, 2024 trends highlight the rise of Centella-infused nourishing makeup and hybrid skincare products. For instance, HEVATOX Gold Ampoule and House of PLLA HOP+ 24k Gold Volumizing Sheet Mask combine Centella Asiatica with gold-based formulations, targeting luxury skincare consumers seeking anti-aging and firming benefits.

As consumer preference shifts towards hydrating and repair-focused skincare, more brands are launching Centella-based ampoules, serums, and mists. The ongoing trend of seven-layer hydration techniques in K-beauty has further fueled the adoption of Centella Asiatica in toners and essence products, making it a key ingredient in moisturizing skincare routines. With sustained innovation, the global market for Centella Asiatica-infused cosmetics is expected to expand significantly in premium skincare and mass-market products alike.

Recent Developments in the Cosmetic Grade Centella Asiatica Extract Market (2023-2025)

• Expansion of Sustainable Sourcing Initiatives (2023): Leading manufacturers have increased efforts to sustainably source Centella Asiatica due to rising consumer demand for organic and ethically sourced ingredients. Companies are now collaborating with farmers in South Korea, India, and China to ensure consistent supply chains while meeting global sustainability standards.

• Launch of High-Purity Centella Asiatica Extracts (2024): Several cosmetic companies have introduced high-purity Centella Asiatica extracts with enhanced bioavailability. These extracts contain a higher concentration of active compounds such as madecassoside and asiaticoside, making them more effective for skin rejuvenation and healing.

• Integration into Advanced Skincare Formulations (2024): The ingredient is now incorporated into multifunctional skincare products, such as anti-aging serums, BB creams, and hydrating masks. This trend aligns with consumer demand for all-in-one skincare solutions that provide hydration, anti-inflammatory properties, and wound healing benefits.

• Increased Regulatory Approvals for Cosmetic Use (2023-2024): With stricter global regulations on cosmetic ingredients, Centella Asiatica extract has received approvals in several markets, including the U.S., EU, and Japan. Regulatory bodies have recognized its efficacy and safety in personal care products, boosting its market adoption.

• Growth in Biotech-Driven Extraction Methods (2025): Innovations in biotechnology have led to new extraction techniques that enhance the purity and stability of Centella Asiatica extracts. Companies are using enzyme-assisted extraction and fermentation processes to increase yield and effectiveness while reducing waste and environmental impact.

REPORT COVERAGE

The Cosmetic Grade Centella Asiatica Extract Market report provides a comprehensive analysis of market trends, key growth drivers, challenges, and future opportunities. The report extensively covers market segmentation, including product types such as liquid and powder extracts, along with their applications in skincare, makeup, and other cosmetic formulations. With the increasing demand for herbal and plant-based beauty products, Centella Asiatica extract has gained widespread adoption across various cosmetic and personal care segments. The report highlights that more than 60% of newly launched skincare products in Asia-Pacific now incorporate Centella Asiatica as a key ingredient, reflecting its strong consumer preference.

Geographically, the report examines market performance across North America, Europe, Asia-Pacific, and the Middle East & Africa, detailing regional consumption patterns, production trends, and emerging markets. Asia-Pacific holds over 40% of the global market share, with South Korea leading exports, while North America and Europe are witnessing increased demand for clean-label and sustainable beauty solutions. The report also delves into investment trends, technological advancements in extraction processes, and regulatory landscape updates that impact the market growth trajectory.

Additionally, it profiles leading manufacturers such as BASF, Indena S.p.A., Symrise, Croda, and Sabinsa Corporation, providing insights into their product portfolios, strategic initiatives, and recent developments. The report also outlines pricing trends, supply chain analysis, and consumer behavior shifts, ensuring a detailed and data-driven overview of the Cosmetic Grade Centella Asiatica Extract Market.