Withania somnifera, often known as Ashwagandha, is a common plant used in Ayurvedic treatment. It is a tiny shrub that is a member of the Solanaceae family. It could be beneficial for a variety of illnesses, mostly as a nervine tonic (has a soothing effect on nerves). Ashwagandha is also known as Indian winter cherry or Indian ginseng. The rasayana (tonic) virtue of ashwagandha is well recognized. Rasayana is an herbal or metallic concoction that promotes happiness and a youthful state of physical and mental health. Rise in demand for natural functional food and drinks and rise in inclination of the people toward healthy lifestyle and rise in spending on healthy and fortified food is likely to boost the ashwagandha extract market demand during the forecast period.
The ashwagandha extract market was valued at $864.30 million in 2021, and is estimated to reach $2.5 billion by 2031, growing at a CAGR of 11.4% from 2022 to 2031.
Request For Free PDF: https://www.alliedmarketresearch.com/request-sample/17254
The players operating in the global ashwagandha extract industry have adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report 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 and Unilever PLC.
Regional Outlook:
On the basis of region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Spain, Italy, Russia and Rest of Europe), Asia-Pacific (China, Japan, India, Australia and New Zealand, South Korea and Rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, Turkey and Rest of LAMEA).
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the ashwagandha extract market analysis from 2021 to 2031 to identify the prevailing ashwagandha extract market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the ashwagandha extract market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
Buy Now & Get Exclusive Discount on this Report : https://www.alliedmarketresearch.com/checkout-final/a037278890e2896c3d15dd4c2e5f15c1
Related Reports:
Nutraceutical Ingredients Market
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com