1 Global Supercritical CO2 Extraction Equipment Market Size (Revenue) and CAGR (2024-2033)
In 2024, the global Supercritical CO2 Extraction Equipment market is projected to reach a total value of 147.36 million USD. This equipment utilizes carbon dioxide (CO2) at elevated temperatures and pressures to extract soluble compounds from natural products. The extraction process involves flowing liquid CO2 through a pump, where the pressure rises above the critical pressure, and the temperature reaches the critical temperature, turning CO2 into a supercritical fluid that can efficiently extract various compounds.
The market is expected to grow at a Compound Annual Growth Rate (CAGR) of 5.23% from 2024 to 2033. This growth is attributed to the increasing demand for efficient and environmentally friendly extraction methods across various industries, including food and fragrance, pharmaceuticals, and chemical processing.
Figure Global Supercritical CO2 Extraction Equipment Market Size (M USD) and CAGR 2024-2033
2 Supercritical CO2 Extraction Equipment Market Growth Drivers and Opportunities
The growth of the Supercritical CO2 Extraction Equipment market is driven by several factors. Firstly, the advantages of supercritical carbon dioxide as a solvent, such as its non-flammable, relatively cheap, and non-toxic nature, make it an attractive option for industries seeking sustainable extraction methods. Additionally, the technology’s ability to protect heat-labile compounds from degradation due to its low critical temperature is a significant advantage. The market also benefits from technological advancements, such as the development of co-solvents and pretreatment methods that enhance extraction efficiency.
Furthermore, the increasing demand for natural and organic products in the food, fragrance, and pharmaceutical industries is driving the adoption of supercritical CO2 extraction techniques. The market opportunities are further expanded by the growing legalization and acceptance of CBD and other cannabis-derived products, which rely on precise and efficient extraction processes. These factors collectively contribute to the market’s robust growth trajectory.
3 Supercritical CO2 Extraction Equipment Market Restraints and Challenges
Despite its growth potential, the Supercritical CO2 Extraction Equipment market faces certain constraints and challenges. The high cost of equipment and the technical difficulties associated with operating under high-pressure conditions are significant barriers. The complexity of optimizing extraction parameters for supercritical carbon dioxide also poses a challenge, as these parameters are not as well-known as those of conventional solvents.
Additionally, the market must contend with the development of other supercritical fluids that could potentially offer advantages in specific applications. These challenges necessitate ongoing research and development to improve the efficiency and cost-effectiveness of supercritical CO2 extraction processes.
4 Global Supercritical CO2 Extraction Equipment Market Size and Share by Type in 2024
The global Supercritical CO2 Extraction Equipment market is segmented by type, with different capacities catering to various applications. In 2024, the market revenue share is forecasted to be largest for the <15 L category, accounting for 28.57% of the total market revenue. This category is expected to maintain its dominance due to its versatility and suitability for a wide range of applications. The 16-50 L category is projected to be the fastest-growing segment, with a forecasted revenue share of 16.26% in 2024. This growth is attributed to the increasing demand for mid-sized extraction equipment that can handle larger volumes efficiently.
The market also includes categories such as 51-100 L, 101-200 L, and >200 L, each serving specific industry needs. The >200 L category, although smaller in market share, is crucial for large-scale industrial applications.
Table Global Supercritical CO2 Extraction Equipment Market Size and Share by Type in 2024
Type | Market Size (M USD) 2024 | Market Share 2024 |
<15 L | 42.11 | 28.57% |
16-50 L | 23.96 | 16.26% |
51-100 L | 26.66 | 18.09% |
101-200 L | 26.83 | 18.21% |
>200 L | 27.80 | 18.87% |
5 Global Supercritical CO2 Extraction Equipment Market Size and Share by Application in 2024
The global Supercritical CO2 Extraction Equipment market is segmented by application, with each segment catering to specific industry needs. In 2024, the market is forecasted to be dominated by the Food and Fragrance Industry, which is expected to account for 40.08% of the total market revenue. This segment’s dominance is attributed to the increasing demand for natural flavors and fragrances, which are efficiently extracted using supercritical CO2 technology.
The Pharmaceutical Industry is another significant segment, projected to hold 24.57% of the market share in 2024. The use of supercritical CO2 extraction in this sector is driven by the need for pure and high-quality extracts for pharmaceutical compounds.
Chemical Processing is also a notable application area, with a forecasted market share of 16.56% in 2024. This segment benefits from the versatility of supercritical CO2 as a solvent for various chemical separation processes. The “Others” category, which includes a diverse range of applications, is expected to contribute 18.79% to the total market revenue in 2024. This category’s growth is indicative of the expanding use of supercritical CO2 extraction technology across multiple industries.
Table Global Supercritical CO2 Extraction Equipment Market Size and Share by Application in 2024
Application | Market Size (M USD) 2024 | Market Share 2024 |
Food and Fragrance Industry | 59.07 | 40.08% |
Pharmaceutical Industry | 36.21 | 24.57% |
Chemical Processing | 24.40 | 16.56% |
Others | 27.69 | 18.79% |
6 Global Supercritical CO2 Extraction Equipment Market Share by Region in 2024
The global Supercritical CO2 Extraction Equipment market has different market sizes in different regions. In 2024, the United States is projected to lead the market with a revenue share of 45.04%, reflecting the country’s strong industrial base and advanced technological capabilities. Europe follows closely, with a forecasted market share of 21.82% in 2024, driven by the region’s focus on sustainable technologies and robust industrial sectors.
China is expected to hold 11.35% of the market share, showcasing the country’s growing industrial prowess and investment in advanced extraction technologies. Japan, with its emphasis on precision and quality, is forecasted to contribute 3.82% to the market revenue in 2024. India, a rapidly developing market, is projected to have a share of 2.48%, indicating the country’s potential for growth in this sector.
The Middle East and Africa, accounting for 2.90% of the market share in 2024, are also developing their capacities in this field. The regional segmentation underscores the global reach and diverse development trajectories of the Supercritical CO2 Extraction Equipment market, highlighting opportunities and challenges across different geographies.
Figure Global Supercritical CO2 Extraction Equipment Market Share by Region in 2024
7 Analysis of Major Players in Supercritical CO2 Extraction Equipment Market
7.1 Isolate Extraction
Company Profile: Isolate Extraction Systems, established in 2012 and headquartered in the USA, is a leading provider of high-performance CO2 extraction equipment. The company specializes in advanced closed-loop machines designed for botanical and industrial applications, offering both liquid and supercritical CO2 conditions.
Business Overview: Isolate Extraction Systems prioritizes industry standards, utilizing advanced technologies and stringent quality control measures. The company ensures exceptional results through unbeatable customer service, extensive experience, and top-notch quality. The dedicated team is always ready to provide technical guidance and comprehensive support.
Product Offered: The CDMH.200-2X-2F Industrial CO2 Extraction System is engineered for industrial applications, boasting unmatched versatility, unwavering efficiency, and uncompromising control. The fully automated control system with a user-friendly touchscreen interface empowers precise control over the extraction process.
Financial Performance: In 2024, Isolate Extraction is projected to achieve a revenue of 36.26 million USD with a gross margin of 33.50%.
7.2 Careddi Supercritical
Company Profile: Careddi Supercritical, established in 2001 and headquartered in China, specializes in the study and production of sci-tech equipment and instruments. The company is a leading manufacturer and provider of supercritical CO2 extraction machines, supplying clients worldwide with high reputation supercritical CO2 extraction machines of the latest technology at competitive prices.
Business Overview: Careddi Supercritical focuses on providing supercritical CO2 extraction machines for various material oils extraction, especially for hemp CBD oil extraction. The company’s reputation is built on delivering top-tier, industry-leading products and services.
Product Offered: The Careddi supercritical CO2 extraction system is used under high pressure and suitable temperature to extract valuable content from material (solid or liquid). The technology is suitable for extraction and purification of heat-sensitive compounds, providing an inert environment to avoid oxidation and ensuring fast extraction speed.
Financial Performance: Careddi Supercritical is forecasted to generate a revenue of 25.17 million USD in 2024, with a gross margin of 30.11%.
7.3 Vitalis Extraction
Company Profile: Vitalis Extraction, founded in 2016 and headquartered in Canada, was one of the first companies to make large-scale supercritical CO2 extraction of natural ingredients accessible. The company continues to pioneer innovations that push the limits of extraction and refinement to support the success of clients, big and small.
Business Overview: As a vertically integrated original equipment manufacturer (OEM) of CO2-based technologies, Vitalis Extraction is known for reliable solutions that provide great economics, high performance, and environmental sustainability. The company’s technologies stem from core competency in CO2 handling and application engineering.
Product Offered: The Vitalis Polaramax™ system allows for mono solvent mode (CO2) or multi-solvent mode (CO2 plus cosolvent) operation, consuming relatively little electricity and switching back and forth as desired. The system combines the benefits of CO2 with the optional added efficacy of injecting small amounts of cosolvent.
Financial Performance: Vitalis Extraction is expected to achieve a revenue of 8.54 million USD in 2024, with a gross margin of 33.77%.
