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Ashwagandha Extract Market : USD 1387.1 Billion, increasing at a CAGR of 8.12% from 2024 to 2032 | NOW Foods, Gaia Herbs, Carrubba Inc.

05-21-2024 11:53 AM CET | Food & Beverage

Press release from: Introspective Market Research

Ashwagandha Extract

Ashwagandha Extract

Ashwagandha, an Ayurvedic Rasayana, can serve as an effective recovery tonic with several beneficial properties including neuroprotection, antistress effects, arthritis relief and tumor removal, analgesia relief as well as being analgesic and anti-inflammatory properties.

Ashwagandha contains compounds which will relax the mind, lower edema, reduce blood weight, and balance out your immune system. Ashwagandha is commonly utilized as an adaptogen and used to treat various stress related ailments.
Ashwagandha root powder provides more of an "entire plant" experience, while Ashwagandha root extricate provides concentrated doses of its active components that may assist the body with managing both physical and emotional strain.

Read More : https://introspectivemarketresearch.com/reports/ashwagandha-extract-market/

The global Ashwagandha extract market was valued at USD 687.1 billion in 2023 and is likely to reach USD 1387.1 billion by 2032, increasing at a CAGR of 8.12% from 2024 to 2032.

๐“๐จ ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐๐ƒ๐… ๐›๐ซ๐จ๐œ๐ก๐ฎ๐ซ๐ž ๐จ๐Ÿ ๐จ๐ฎ๐ซ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐จ๐ง ๐€๐ฌ๐ก๐ฐ๐š๐ ๐š๐ง๐๐ก๐š ๐„๐ฑ๐ญ๐ซ๐š๐œ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ : https://introspectivemarketresearch.com/request/16872

The Ashwagandha Extract Market is segmented into Type, Form, Application, and region. By Type, the market is categorized into Organic and conventional. By Form, the market is categorized into Liquid, Powder, and capsule. By Application, the market is categorized into pharmaceuticals, cosmetics, and others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

Market Dynamics and Factors :

โ€ข This quality alone makes it a valuable asset in our busy, modern lifestyles where stress is everywhere and harmful to health. To managing stress, ashwagandha has powerful anti-inflammatory properties that can alleviate a variety of inflammatory conditions, such as arthritis and inflammatory bowel disease. Its immunomodulatory effect strengthens the immune system and helps the body fight more effectively against infections and diseases.

โ€ข Ashwagandha is valued for its potential to support hormonal balance, especially in men and women with imbalances related to stress, aging or reproductive health. It can help regulate thyroid hormones, testosterone levels in men and hormone levels in women, promoting overall well-being.

โ€ข Consumers are turning to herbal preparations and traditional medicines to maintain their health and well-being. As a staple herb in Ayurveda with a rich history of use, ashwagandha fits perfectly into this trend, offering a natural alternative to synthetic supplements. Ongoing research continues to demonstrate ashwagandha's multiple health benefits, which include the immune system, cognitive health, hormonal balance, and cardiovascular health. As evidence accumulates, consumer confidence in ashwagandha as a health supplement grows.

The Ashwagandha Extract Report Highlight :

By Type : Consumers are increasingly looking for natural and organic products due to concerns about synthetic chemicals and pesticides used in conventional farming. Organic ashwagandha aligns with this preference for clean, natural, and sustainable products. Perceived Health Benefits like, stress reduction and reduced anxiety improve mood etc.
Organic certification assures consumers that the items are devoid of synthetic pesticides, herbicides, and other hazardous chemicals. With rising worries about the environmental and health consequences of conventional agriculture, customers are ready to pay a premium for organically certified items such as ashwagandha extract. Expansion of the Supplement industry, the industry is quickly developing, driven by rising awareness.

By Application : Research shows that ashwagandha can affect neurotransmitters such as serotonin and gamma-aminobutyric acid (GABA) to reduce anxiety and elevate mood. Studies show that ashwagandha can improve memory, concentration and cognitive function. It is believed to have neuroprotective properties that can improve mental well-being.

As consumers appreciate a holistic approach to wellness, the demand for supplements containing ashwagandha extract is increasing. These supplements are available in a variety of forms, including capsules, powders and tinctures, to suit a wide range of customer tastes and lifestyles. Growing awareness of the potential health benefits of ashwagandha, supported by scientific research and good anecdotal evidence, has increased demand for the supplement category.

Key Industry Developments in the Market:

โ€ข In March 2024, Partners and Banyan Botanicals announce a partnership to lower carbon emissions in the herbal supply chain.

โ€ข In Nov 2023, Ashwagandha Organic, a new supplement type, has been introduced by Himalaya Wellness, a business that specializes in herbal supplements and plant-based personal care products.

Top 10 Key Players :

โ€ข Patanjali Ayurved Limited (India)
โ€ข Dabur India Ltd (India)
โ€ข Himalaya Wellness (India)
โ€ข NOW Foods (USA)
โ€ข Gaia Herbs (USA)
โ€ข Banyan Botanicals (USA)
โ€ข Nutrilite Products (USA)
โ€ข Zandu Realty Ltd. (India)
โ€ข Kerry Group plc (Ireland)
โ€ข NutriScience Innovations, LLC (USA)

๐“๐จ ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐ญ๐ก๐ข๐ฌ ๐€๐ฌ๐ก๐ฐ๐š๐ ๐š๐ง๐๐ก๐š ๐„๐ฑ๐ญ๐ซ๐š๐œ๐ญ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ : https://introspectivemarketresearch.com/inquiry/16872

Market Regional Insights:

โ€ข The nation brags broad ashwagandha development over differing locales like Madhya Pradesh, Rajasthan, Punjab, Haryana, and Gujarat, profiting from favorable climate and soil conditions. India's wealthy legacy of Ayurveda has long recognized the restorative potential of ashwagandha, sustaining its improvement inside the nation. These combined variables have impelled India to the cutting edge of the ashwagandha extricate industry.

โ€ข Asia Pacific holds the biggest advertise share, with India driving due to its wealthy legacy in Ayurveda and vigorous conviction in home grown supplements. India's dominance within the ashwagandha extricate advertise within the Asia-Pacific locale stems from different components.

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๐€๐›๐จ๐ฎ๐ญ ๐ฎ๐ฌ:
Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assisting our clients to grow and have a successful impact on the market. Our team at IMR is ready to assist our clients to flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, that specializes in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.

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