Global Myrrh Extract Market Growth 2026-2032
Description
The global Myrrh Extract market size is predicted to grow from US$ 41.95 million in 2025 to US$ 58.03 million in 2032; it is expected to grow at a CAGR of 4.8% from 2026 to 2032.
In 2025, the global production of myrrh extract was approximately 640 tons, with an average selling price of about US$67 per kilogram. The production capacity in 2025 was 820 tons, with an average gross profit margin of approximately 20-30%. Myrrh extract is a natural active ingredient extracted from the resin of the myrrh tree, rich in terpenoids, volatile oils, and myrrhic acid. It possesses anti-inflammatory, antibacterial, and antioxidant properties and is commonly used in traditional medicine and modern health products.
The upstream of the myrrh extract industry is centered on natural myrrh resin as the core raw material; the downstream applications are widespread, including pharmaceuticals, cosmetics, health products, food, and traditional religious and cultural products. In the pharmaceutical field, it is used for anti-inflammatory, antibacterial, and wound healing purposes; in cosmetics, it serves as a natural active ingredient for anti-aging and repair; in the health product sector, it is used to develop dietary supplements for regulating blood lipids; and in the food industry and religious ceremonies, it is used as a spice or incense ingredient.
Myrrh extract, a plant-derived medicinal extract with a long history, has gained increasing attention in the global market in recent years, particularly in the pharmaceutical, cosmetic, and health supplement industries. Myrrh extract is rich in active ingredients with antibacterial, anti-inflammatory, wound-healing, and antioxidant properties, and is widely used in various medications and natural therapies, especially in traditional medicine. With the increasing consumer demand for natural ingredients and herbal products, the market demand for myrrh extract continues to rise.
In the cosmetics industry, myrrh extract has become an important ingredient in high-end skincare products due to its excellent anti-aging and anti-inflammatory effects, and is widely used in products for anti-aging, skin soothing, and treating skin problems. Meanwhile, in the health supplement industry, myrrh extract is used as a natural immune enhancer, antioxidant, and anti-inflammatory ingredient, driving its use in dietary supplements and functional foods.
Geographically, myrrh is primarily cultivated in Asia, with China and India playing significant roles in its production and use. The increasing demand for natural medicinal plant extracts in the European and American markets has driven the export and application of myrrh extract. Despite this, the market still faces challenges related to raw material supply and price fluctuations, which may affect its future development. However, with the popularization of phytotherapy and the rise of green health concepts, the market prospects for myrrh extract remain broad and are expected to continue to grow.
LP Information, Inc. (LPI) ' newest research report, the “Myrrh Extract Industry Forecast” looks at past sales and reviews total world Myrrh Extract sales in 2025, providing a comprehensive analysis by region and market sector of projected Myrrh Extract sales for 2026 through 2032. With Myrrh Extract sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Myrrh Extract industry.
This Insight Report provides a comprehensive analysis of the global Myrrh Extract landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Myrrh Extract portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Myrrh Extract market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Myrrh Extract and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Myrrh Extract.
This report presents a comprehensive overview, market shares, and growth opportunities of Myrrh Extract market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Liquid
Powder
Segmentation by Extraction Method:
Water Extract
Alcohol Extract
Supercritical CO₂ Extract
Others
Segmentation by Extract Ratio:
10:1
20:1
50:1
Other
Segmentation by Application:
Pharmaceutical
Cosmetics
Nutraceuticals
Food
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Shaanxi New Horizon Biotechnology
Xian Tianxingjian Natural Bio-products
Ciyuan Biology
Xian Jincuifang Plant Technology Development
Shaanxi Pioneer Biotech
Xian Clover Biotechnology
Shaanxi Sinuote Biotechnology
Key Questions Addressed in this Report
What is the 10-year outlook for the global Myrrh Extract market?
What factors are driving Myrrh Extract market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Myrrh Extract market opportunities vary by end market size?
How does Myrrh Extract break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
In 2025, the global production of myrrh extract was approximately 640 tons, with an average selling price of about US$67 per kilogram. The production capacity in 2025 was 820 tons, with an average gross profit margin of approximately 20-30%. Myrrh extract is a natural active ingredient extracted from the resin of the myrrh tree, rich in terpenoids, volatile oils, and myrrhic acid. It possesses anti-inflammatory, antibacterial, and antioxidant properties and is commonly used in traditional medicine and modern health products.
The upstream of the myrrh extract industry is centered on natural myrrh resin as the core raw material; the downstream applications are widespread, including pharmaceuticals, cosmetics, health products, food, and traditional religious and cultural products. In the pharmaceutical field, it is used for anti-inflammatory, antibacterial, and wound healing purposes; in cosmetics, it serves as a natural active ingredient for anti-aging and repair; in the health product sector, it is used to develop dietary supplements for regulating blood lipids; and in the food industry and religious ceremonies, it is used as a spice or incense ingredient.
Myrrh extract, a plant-derived medicinal extract with a long history, has gained increasing attention in the global market in recent years, particularly in the pharmaceutical, cosmetic, and health supplement industries. Myrrh extract is rich in active ingredients with antibacterial, anti-inflammatory, wound-healing, and antioxidant properties, and is widely used in various medications and natural therapies, especially in traditional medicine. With the increasing consumer demand for natural ingredients and herbal products, the market demand for myrrh extract continues to rise.
In the cosmetics industry, myrrh extract has become an important ingredient in high-end skincare products due to its excellent anti-aging and anti-inflammatory effects, and is widely used in products for anti-aging, skin soothing, and treating skin problems. Meanwhile, in the health supplement industry, myrrh extract is used as a natural immune enhancer, antioxidant, and anti-inflammatory ingredient, driving its use in dietary supplements and functional foods.
Geographically, myrrh is primarily cultivated in Asia, with China and India playing significant roles in its production and use. The increasing demand for natural medicinal plant extracts in the European and American markets has driven the export and application of myrrh extract. Despite this, the market still faces challenges related to raw material supply and price fluctuations, which may affect its future development. However, with the popularization of phytotherapy and the rise of green health concepts, the market prospects for myrrh extract remain broad and are expected to continue to grow.
LP Information, Inc. (LPI) ' newest research report, the “Myrrh Extract Industry Forecast” looks at past sales and reviews total world Myrrh Extract sales in 2025, providing a comprehensive analysis by region and market sector of projected Myrrh Extract sales for 2026 through 2032. With Myrrh Extract sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Myrrh Extract industry.
This Insight Report provides a comprehensive analysis of the global Myrrh Extract landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Myrrh Extract portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Myrrh Extract market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Myrrh Extract and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Myrrh Extract.
This report presents a comprehensive overview, market shares, and growth opportunities of Myrrh Extract market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Liquid
Powder
Segmentation by Extraction Method:
Water Extract
Alcohol Extract
Supercritical CO₂ Extract
Others
Segmentation by Extract Ratio:
10:1
20:1
50:1
Other
Segmentation by Application:
Pharmaceutical
Cosmetics
Nutraceuticals
Food
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Shaanxi New Horizon Biotechnology
Xian Tianxingjian Natural Bio-products
Ciyuan Biology
Xian Jincuifang Plant Technology Development
Shaanxi Pioneer Biotech
Xian Clover Biotechnology
Shaanxi Sinuote Biotechnology
Key Questions Addressed in this Report
What is the 10-year outlook for the global Myrrh Extract market?
What factors are driving Myrrh Extract market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Myrrh Extract market opportunities vary by end market size?
How does Myrrh Extract break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
98 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Myrrh Extract by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Myrrh Extract by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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