Types of Plant Extract Drugs are categorized by extraction methods and botanical sources. Herbal extracts (50%), such as echinacea and ginseng, are widely used for their therapeutic properties. Essential oils (30%), derived from aromatic plants like lavender and peppermint, cater to both pharmaceutical and holistic health markets. Botanical formulations (20%), including standardized plant-based compounds, dominate prescription drugs due to bioavailability advantages. This market taxonomy underscores how type-specific attributesโe.g., purity, extraction complexity, and regulatory approvalโdictate market share. Herbal and essential oil segments drive accessibility, while botanical formulations align with clinical-grade standards, collectively expanding the market through product diversification.