Lemon Balm Extract Market

By Formulation;

Capsules, Cream & Paste, Liquid and Powder Form

By End Use;

Additives and Herbal Use

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn236640764 Published Date: September, 2025 Updated Date: November, 2025

Lemon Balm Extract Market Overview

Lemon Balm Extract Market (USD Million)

Lemon Balm Extract Market was valued at USD 1,720.73 million in the year 2024. The size of this market is expected to increase to USD 2,498.13 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.5%.


Lemon Balm Extract Market

*Market size in USD million

CAGR 5.5 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.5 %
Market Size (2024)USD 1,720.73 Million
Market Size (2031)USD 2,498.13 Million
Market ConcentrationMedium
Report Pages336
1,720.73
2024
2,498.13
2031

Major Players

  • Nature's Way Products, LLC
  • NOW Foods
  • Bio-Botanica Inc.
  • Swanson Health Products
  • NutraMarks, Inc.
  • Amax NutraSource, Inc.
  • Mountain Rose Herbs
  • Starwest Botanicals
  • Biomax Formulations Ltd.
  • Xi'an Lyphar Biotech Co., Ltd.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Lemon Balm Extract Market

Fragmented - Highly competitive market without dominant players


The Lemon Balm Extract Market is experiencing strong growth as demand rises across nutraceutical, pharmaceutical, and cosmetic applications. Celebrated for its antioxidant and calming properties, the ingredient has gained significant traction, with usage climbing by over 30% among health-conscious consumers. Its alignment with the clean-label and plant-based movement further amplifies its market position.

Rising Health and Wellness Trends
An increasing focus on stress management and holistic wellness fuels demand for lemon balm supplements. Nearly 40% of consumers are now choosing herbal over synthetic alternatives, positioning lemon balm as a natural solution for better sleep and digestive support. Its versatility has strengthened its adoption in the dietary supplement space.

Adoption in Food and Beverages
The use of lemon balm extract in functional foods and drinks is on the rise, showing an uptake of 25% in infused teas and blends. Its refreshing taste and bioactive compounds add both flavor and wellness appeal, making it a preferred choice in consumer-centric food and beverage innovations.

Future Growth Prospects
Growing trust in natural remedies and preventive care continues to boost opportunities. With nearly 55% of supplement brands expanding herbal offerings, lemon balm extract is positioned for wider use. Ongoing R&D and product innovations will help unlock new growth avenues across wellness-driven markets.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Formulation
    2. Market Snapshot, By End Use
    3. Market Snapshot, By Region
  4. Lemon Balm Extract Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing consumer awareness of health benefits.
        2. Demand in cosmetics and personal care.
        3. Pharmaceutical applications.
      2. Restraints
        1. Seasonal supply chain issues.
        2. Regulatory hurdles.
        3. Price volatility.
      3. Opportunities
        1. Growth in food and beverage sectors.
        2. Emerging markets.
        3. Advancements in extraction technologies.
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Lemon Balm Extract Market, By Formulation, 2021 - 2031 (USD Million)
      1. Capsules
      2. Cream & Paste
      3. Liquid
      4. Powder Form
    2. Lemon Balm Extract Market, By End Use, 2021 - 2031 (USD Million)
      1. Additives
      2. Herbal Use
    3. Lemon Balm Extract Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Martin Bauer GmbH & Co. KG
      2. Foodchem International Corporation
      3. Nexira Inc.
      4. Xi’an Hao-Xuan Bio-Tech Co., Ltd.
      5. Jiaherb Inc.
      6. Productos Quimicos Gonmisol SA
      7. Go Nutra
      8. BulkSupplements
      9. Natures Way Products, LLC
      10. NOW Foods
      11. Bio-Botanica Inc.
      12. Swanson Health Products
      13. NutraMarks, Inc.
      14. Amax NutraSource, Inc.
      15. Starwest Botanicals
  7. Analyst Views
  8. Future Outlook of the Market