The report presents a comprehensive overview of industry trends, growth share and the competitive landscape in 200 pages.
“Ashwagandha Extract Market” report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Ashwagandha Extract Market by region.
Global Ashwagandha Extract Market is valued at approximately USD 0.86 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 11.4% over the forecast period 2022-2029
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Ashwagandha also known as Indian Ginseng is a herb native to Asia and Africa. Ashwagandha extract is made with its roots and leaves. Ashwagandha contains Sitoindosides and acylsterylglucosides which are said to be anti-stress agents. Consumption of Ashwagandha offers various health benefits such as, boosting testosterone levels in men, improving memory, lowering blood sugar and fat, increasing muscle strength, relieving stress & anxiety and preventing insomnia among others. Moreover, large consumption of Ashwagandha can cause several side effects such as cause stomach upset, diarrhoea, and vomiting among others. The increasing consumption of dietary supplements and growing demand for nutritional & medical benefits of ashwagandha as well as strategic initiatives from leading market players are key factors accelerating the market growth.
The increasing consumption of healthcare supplements worldwide is contributing to the growth of the Global Ashwagandha Extract market. For instance, according to Statista – in 2021, the global dietary supplement market was valued at USD 137 billion, and the market is forecast to grow to USD 185.1 billion by 2025. Also, growing penetration of e-commerce platforms and rising number of health-conscious individuals would create a lucrative growth prospectus for the market over the forecast period. However, high costs and side effects associated with Ashwagandha extract impede the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Ashwagandha Extract Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is the leading region in terms of global market share owing to the increasing consumption of herbal supplements and increasing penetration of e-commerce platforms in the region. Whereas North America is expected to grow at the highest growth rate during the forecast period, owing to factors such as rising number of health-conscious individuals as well as increasing penetration of leading market players in the region.
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Major market players included in this report are:
- The Himalaya Drug Company
- Dabur India Ltd.
- Emami Limited
- Kairali Ayurvedic Group
- P&G
- Patanjali Ayurved Limited
- Kerry Group PLC
- Shree Baidyanath Ayurveda Bhawan Pvt. Ltd.
- Taos Herb Company
- Unilever PLC
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Form
Powder
Capsules/Tablets
Others
By Application
Sports Nutrition
Food and Beverages,
Dietary Supplements
Others
By Distribution Channel
Business to Business
Business to Consumer
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
ROLA
Rest of the World
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Report Include:
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
Key Market Features in Global Market:The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the Market opportunities, market risk, and market overview of this industry?
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