Ashwagandha Extract Market Size- By Application, By Distribution Channel, By Form, By Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Ashwagandha Extract Market Introduction and Overview
According to SPER market research, 'Ashwagandha Extract Market Size- By Application, By Distribution Channel, By Form, By Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Global Ashwagandha Extract Market is predicted to reach USD 3.11 billion by 2033 with a CAGR of 11.61%.
Ayurvedic medicine places a lot of importance on the herb ashwagandha. This is one of India's healthcare systems and one of the oldest medical systems in the world. Ashwagandha is regarded as a Rasayana in Ayurveda medicine. This implies that it promotes physical and mental youth maintenance. The plant may have neuroprotective and anti-inflammatory properties. Numerous medical disorders are rooted in inflammation, and the body can be shielded from a range of ailments by lowering inflammation.
The COVID-19 outbreak in 2020 had a favourable effect on the ashwagandha extract industry. Its benefits for both physical and mental health helped to explain this in significant part. As COVID-19 spread, more and more people started leading healthy lifestyles and started eating food that was naturally fortified and functional. This was a consequence of the physical and emotional ailments that individuals suffered from. During COVID-19, ashwagandha extract sales increased due to the above listed circumstances.
Scope of the Report:
Report Metric Details
Market size available for years 2019-2033
Base year considered 2022
Forecast period 2023-2033
Segments covered By Application, By Distribution Channel, By Form, By Type
Regions covered North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
Companies Covered Arjuna Natural Extracts Ltd., Ideal Natural Extract, Ixoreal Biomed Pvt. Ltd., Kerry Group, Life Extension, Naturalin Bio-Resources Co. Ltd., Phyto Life Sciences Pvt. Ltd., Quad Lifesciences Pvt. Ltd., Sabinsa Corporation, Taos Herb Company and others
Global Ashwagandha Extract Market Segmentation:
By Application: Based on the Application, Global Ashwagandha Extract Market is segmented as; Dietary Supplements, Food and Beverages, Sports Nutrition
By Distribution Channel: Based on the Distribution Channel, Global Ashwagandha Extract Market is segmented as; Business to Business, Business to Consumer
By Type: Based on the Type, Global Ashwagandha Extract Market is segmented as; General Health, Immunity Health, Stress and Anxiety, Weight Loss
By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
Table of Contents
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER's internal database
2.1.4. Premium insight from KOL's
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Ashwagandha Extract Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER's Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Ashwagandha Extract Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Ashwagandha Extract Market
7. Global Ashwagandha Extract Market, By Application (USD Million)
7.1. Global Ashwagandha Extract Market Value Share and Forecast, By Application, 2023-2033
7.2. Dietary Supplements
7.3. Food and Beverages
7.4. Sports Nutrition
8. Global Ashwagandha Extract Market, By Distribution Channel (USD Million)
8.1. Global Ashwagandha Extract Market Value Share and Forecast, By Distribution Channel, 2023-2033
8.2. Business to Business
8.3. Business to Consumer
9. Global Ashwagandha Extract Market, By Form (USD Million)
9.1. Global Ashwagandha Extract Market Value Share and Forecast, By Form, 2023-2033
9.2. Capsules/Tablets
9.3. Powder
10. Global Ashwagandha Extract Market, By Type (USD Million)
10.1. Global Ashwagandha Extract Market Value Share and Forecast, By Type, 2023-2033
10.2. General Health
10.3. Immunity Health
10.4. Stress and Anxiety
10.5. Weight Loss
11. Global Ashwagandha Extract Market Forecast, 2019-2033 (USD Million)
11.1. Global Ashwagandha Extract Market Size and Market Share
12. Global Ashwagandha Extract Market, By Application 2019-2033 (USD Million)
12.1. Global Ashwagandha Extract Market Size and Market Share By Application (2019-2026)
12.2. Global Ashwagandha Extract Market Size and Market Share By Application (2027-2033)
13. Global Ashwagandha Extract Market, By Distribution Channel, 2019-2033 (USD Million)
13.1. Global Ashwagandha Extract Market Size and Market Share By Distribution Channel (2019-2026)
13.2. Global Ashwagandha Extract Market Size and Market Share By Distribution Channel (2027-2033)
14. Global Ashwagandha Extract Market, By Form, 2019-2033 (USD Million)
14.1. Global Ashwagandha Extract Market Size and Market Share By Form (2019-2026)
14.2. Global Ashwagandha Extract Market Size and Market Share By Form (2027-2033)
15. Global Ashwagandha Extract Market, By Type, 2019-2033 (USD Million)
15.1. Global Ashwagandha Extract Market Size and Market Share By Type (2019-2026)
15.2. Global Ashwagandha Extract Market Size and Market Share By Type (2027-2033)
16. Global Ashwagandha Extract Market, By Region, 2019-2033 (USD Million)
16.1. Global Ashwagandha Extract Market Size and Market Share By Region (2019-2026)
16.2. Global Ashwagandha Extract Market Size and Market Share By Region (2027-2033)