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Demand for ashwagandha from 2015 to 2020 Vs. Future Market Projections for 2021-2031
Introduction: Discover The Proven Health Benefits Of Ashwagandha
Ayurvedic supplements have for years provided a balance between mind, body and spirit and has long been recognized as a path towards healthy living. Ashwagandha, also known as Indian Ginseng is an herb that has been used by people in India for centuries. The plant has many benefits, like improving immune system function, increasing energy levels, and helping in reduce anxiety. It also appears to have anti-inflammatory effects. The herb can also be used to treat anxiety, insomnia, menopause symptoms, urinary problems, and thyroid problems. This herb has no known side effects and should usually not interact with any other medications. The plant can be consumed in many ways including infusion (tea), capsules, powder or fresh leaves, however it is recommended that it should not be taken for more than six months.
Ashwagandha is a herb that grows in India, Nepal, Sri Lanka, China, and Yemen. It has been used for centuries in Ayurveda for maintaining mental sharpness, physical strength, and healthy aging. Recent studies have shown that it has potential to be an effective treatment for depression, anxiety, insomnia, diabetes mellitus type 2, inflammation-related diseases like arthritis or colon cancer. Modern science has helped to validate the ancient ways and ashwagandha herb is one such example. The use of ashwagandha is not limited to spiritual and religious rituals; it also holds benefits for those seeking holistic solutions.
Market Dynamics: Ashwagandha Shows Promising Results In Mental Health
The global ashwagandha market was valued at US$ 38.5 Mn in 2020 and is projected to register а САGR of 6.1% by 2031.
In the past several decades, there has been a surge in popularity for holistic and herbal healthcare due to its continued persistence in the use of natural products. One herb that has seen a drastic increase in popularity is Ashwagandha, which is a plant with a long history in many cultures. Ashwagandha's medicinal properties have been used for centuries, from the ancient Ayurveda culture to modern day medicine. In recent years, an increasing number of people have been diagnosed with diseases such as diabetes, heart disease and cancer. These chronic ailments are a result of a sedentary lifestyle that neglects the body's need for movement and healthy nutrients. As a result, there has been a significant increase in demand for nutrients that promote fitness and vitality.
Insufficient sleep is a prevalent problem across the globe for various age groups, due to the many factors that can intervene. Sleep-related problems are not just about feeling tired due to lack of rest, but it has been shown that lack of quality sleep has serious physical and mental health implications. There are many causes for reduced sleep quality, but there are also ways to combat the problem. Many research studies have shown that Ashwagandha was found to be beneficial for improving sleep and reducing symptoms of stress. The symptoms of stress that were reduced with the use of Ashwagandha include mental fatigue, anxiety, and depression symptoms.
These factors are expected to bolster the projected profit margins for this market during the forecast period.
Market Trends: Indian Government Is Heavily Investing In Ayurveda
Ayurveda is a form of alternative medicine that is widely used in India, and has become increasingly popular in the United States as well. The Government of India is extensively promoting the usage of ayurvedic products through awareness programs. India’s Ministry of Ayurveda, Yoga, Naturopathy, Unani, Siddha, Sowa-Rigpa and Homoeopathy (AYUSH) set up in 2021, has actively invested in developing education, research and propagation of indigenous alternative medicine systems in India.
Moreover, consumers are more inclined to pay for certain products that provide health and wellness benefits, and that will additionally serve as a driving factor for the market for Ayurvedic herbs. Despite their infancy, Ayurvedic herbs and their products are in the early stages in many areas, such as Argentina, Canada, and Peru. Ayurvedic herbs companies that have not entered this area yet are in prime position to increase their market share by offering Ayurvedic herbs products, while promoting their relevant health benefits.
COVID-19 Impact Analysis: Folks Turn To Traditional Cures For Coronavirus
Coronavirus disease (COVID-19) caused by the virus SARS-CoV-2 continues to swiftly spread as a global pandemic. Organic-labeled items have endured a gigantic demand from retailers selling these items. Although this trend is more widespread than just boosting immunity, multiple stores and groceries reporting on this trend have cited the consumer interest in these products. Herbal products like Ashwagandha, Dabur Giloy Ghanvati, and Dabur Health Juices like Amla juice, Giloy-Neem-Tulsi Juice etc., have seen growth in sales, as reported by Ayurvedic companies like Dabur. Businesses marketing these products sighted an association between the outbreak of the coronavirus and immunity and the government’s encouragement of Ayurveda and yoga for mild and moderate infections, as well for aiding recovery after COVID-19.
Which Are The Key Players In The Ashwagandha Market?
The ashwagandha market landscape appears highly fragmented, with a significant chunk being dominated by Chinese and Indian domestic players.
- Xi'an Lyphar Biotech
- NutriBoost B.V.
- Xian Sost Biotech
- AuNutra Industries Inc.
- Himalaya Global Holdings Ltd.
- Amax NutraSource, Inc.
- Sabinsa Company
- Carrubba Inc.
- Herbs Village
- Banyan Botanicals
- Other Players
Report Scope
- Forecast Period: 2022-2031
- Actual Year: 2021
- Historical Data Available for: 2015-2020
Key Segments Covered
Ashwagandha Market, By Product Type
- Powder
- Capsules
- Others
Ashwagandha Market, By Distribution Channel
- Hypermarkets / Supermarkets
- Retail Pharmacies
- Online Markets
- Other Distribution Channels
Ashwagandha Market, By Application
- Food & Beverages
- Pharmaceuticals
- Cosmetic & Personal Care Products
- Dietary Supplements
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
- Xi'an Lyphar Biotech
- NutriBoost B.V.
- Xian Sost Biotech
- AuNutra Industries Inc.
- Himalaya Global Holdings Ltd.
- Amax NutraSource, Inc.
- Sabinsa Company
- Carrubba Inc.
- Herbs Village
- Banyan Botanicals
- Other Players
-
- Chapter 1 Global Ashwagandha Market Outlook
- 1.1 Introduction
- 1.2 Segmentation of Ashwagandha Market Based On Product Type, Distribution Channel, Application and Region
- 1.3 Market Drivers
- 1.4 Market Restraints
- 1.5 Market Opportunities
- 1.6 Market Trends
- 1.7 Macro-economic Factors
- 1.8 Regulatory Framework
- 1.9 Global Ashwagandha Pricing Analysis by Region, 2021
- 1.10 Opportunity Map Analysis
- 1.10.1 Optimistic Scenario
- 1.10.2 Likely Scenario
- 1.10.3 Conservative Scenario
- 1.11 Opportunity Orbits
- 1.12 Market Investment Feasibility Index
- 1.13 PEST Analysis
- 1.14 PORTER’S Five Force Analysis
- 1.15 Drivers & Restraints Impact Analysis
- 1.16 Marketing Strategy
- 1.17 Product Life Cycle Analysis
- 1.18 Value Chain Analysis
- 1.19 Cost Structure Analysis
- 1.20 Regional Market Share and BPS Analysis in Ashwagandha Market
- 1.21 COVID-19 Impact Analysis
- Chapter 2 Global Ashwagandha Market Overview
- 2.1 Global Ashwagandha Market Value & Volume Comparison by Product Type (2015-2031)
- 2.1.1 Market Value & Volume Market Share by Product Type in 2021
- 2.1.2 Market Attractiveness Analysis by Product Type, 2015–2022
- 2.2 Global Ashwagandha Market Value & Volume Comparison by Distribution Channel (2015-2031)
- 2.2.1 Market Value & Volume Market Share by Distribution Channel in 2021
- 2.2.2 Market Attractiveness Analysis by Distribution Channel, 2015–2022
- 2.3 Global Ashwagandha Market by Application
- 2.3.1 Market Value & Volume Comparison by Application (2015-2031)
- 2.3.2 Market Value & Volume Market Share by Application in 2021
- 2.3.3 Market Attractiveness Analysis by Application, 2015–2022
- 2.4 Global Ashwagandha Market Outlook by Region
- 2.4.1 Market Value & Volume Comparison by Region (2015-2031)
- 2.4.2 Market Value & Volume Market Share by Region in 2021
- 2.4.3 Market Attractiveness Analysis by Region, 2015–2022
- 2.5 Global Ashwagandha Market Outlook (2015-2031)
- 2.5.1 Market Value & Volume (2015–2022)
- 2.5.2 Market Value & Volume (2023-2031)
- 2.6 Global Ashwagandha Market Value & Volume by Regions
- 2.6.1 Market Value & Volume Comparison by Region (2015–2022)
- 2.6.2 Market Value & Volume Comparison by Region (2023-2031)
- 2.7 Global Ashwagandha Market Value & Volume by Product Type
- 2.7.1 Market Value & Volume Comparison by Product Type (2015–2022)
- 2.7.2 Market Value & Volume Comparison by Product Type (2023-2031)
- 2.8 Global Ashwagandha Market Value & Volume by Distribution Channel
- 2.8.1 Market Value & Volume Comparison by Distribution Channel (2015–2022)
- 2.8.2 Market Value & Volume Comparison by Distribution Channel (2023-2031)
- 2.9 Global Ashwagandha Market Value & Volume by Application
- 2.9.1 Market Value & Volume Comparison by Application (2015–2022)
- 2.9.2 Market Value & Volume Comparison by Application (2023-2031)
- 2.10 Global Ashwagandha Market Y-o-Y Growth Rate Comparison 2016–2031
- 2.10.1 Market Y-o-Y Growth Rate by Region
- 2.10.2 Market Y-o-Y Growth Rate by Product Type
- 2.10.3 Market Y-o-Y Growth Rate by Distribution Channel
- 2.10.4 Market Y-o-Y Growth Rate by Application
- 2.11 Global Ashwagandha Market Share Comparison 2015–2030
- 2.11.1 Market Share by Region
- 2.11.2 Market Share by Product Type
- 2.11.3 Market Share by Distribution Channel
- 2.11.4 Market Share by Application
- 2.1 Global Ashwagandha Market Value & Volume Comparison by Product Type (2015-2031)
- Chapter 3 North America Ashwagandha Market Overview
- 3.1 North America Ashwagandha Market by Product Type
- 3.1.1 Market Value & Volume Comparison by Product Type (2015-2031)
- 3.1.2 Market Value & Volume Market Share by Product Type in 2021
- 3.2 North America Ashwagandha Market Value & Volume Comparison by Distribution Channel (2015-2031)
- 3.2.1 Market Value & Volume Market Share by Distribution Channel in 2021
- 3.2.2 Market Attractiveness Analysis by Distribution Channel, 2015–2022
- 3.3 North America Ashwagandha Market by Application
- 3.3.1 Market Value & Volume Comparison by Application (2015-2031)
- 3.3.2 Market Value & Volume Market Share by Application in 2021
- 3.3.3 Market Attractiveness Analysis by Application, 2015–2022
- 3.4 North America Ashwagandha Market Outlook by Region
- 3.4.1 Market Value & Volume Comparison by Region (2015-2031)
- 3.4.2 Market Value & Volume Market Share by Region in 2021
- 3.4.3 Market Attractiveness Analysis by Region, 2015–2022
- 3.5 North America Ashwagandha Market Outlook (2015-2031)
- 3.5.1 Market Value & Volume (2015–2022)
- 3.5.2 Market Value & Volume (2023-2031)
- 3.6 North America Ashwagandha Market Value & Volume by Regions
- 3.6.1 Market Value & Volume Comparison by Region (2015–2022)
- 3.6.2 Market Value & Volume Comparison by Region (2023-2031)
- 3.7 North America Ashwagandha Market Value & Volume by Product Type
- 3.7.1 Market Value & Volume Comparison by Product Type (2015–2022)
- 3.7.2 Market Value & Volume Comparison by Product Type (2023-2031)
- 3.8 North America Ashwagandha Market Value & Volume by Distribution Channel
- 3.8.1 Market Value & Volume Comparison by Distribution Channel (2015–2022)
- 3.8.2 Market Value & Volume Comparison by Distribution Channel (2023-2031)
- 3.9 North America Ashwagandha Market Value & Volume by Application
- 3.9.1 Market Value & Volume Comparison by Application (2015–2022)
- 3.9.2 Market Value & Volume Comparison by Application (2023-2031)
- 3.10 North America Ashwagandha Market Y-o-Y Growth Rate Comparison 2016–2031
- 3.10.1 Market Y-o-Y Growth Rate by Region
- 3.10.2 Market Y-o-Y Growth Rate by Product Type
- 3.10.3 Market Y-o-Y Growth Rate by Distribution Channel
- 3.10.4 Market Y-o-Y Growth Rate by Application
- 3.11 Market Share Comparison 2015–2030
- 3.11.1 Market Share by Region
- 3.11.2 Market Share by Product Type
- 3.11.3 Market Share by Distribution Channel
- 3.11.4 Market Share by Application
- 3.1 North America Ashwagandha Market by Product Type
- Chapter 4 Europe Ashwagandha Market Overview
- 4.1 Europe Ashwagandha Market by Product Type
- 4.1.1 Market Value & Volume Comparison by Product Type (2015-2031)
- 4.1.2 Market Value & Volume Market Share by Product Type in 2021
- 4.2 Europe Ashwagandha Market Value & Volume Comparison by Distribution Channel (2015-2031)
- 4.2.1 Market Value & Volume Market Share by Distribution Channel in 2021
- 4.2.2 Market Attractiveness Analysis by Distribution Channel, 2015–2022
- 4.3 Europe Ashwagandha Market by Application
- 4.3.1 Market Value & Volume Comparison by Application (2015-2031)
- 4.3.2 Market Value & Volume Market Share by Application in 2021
- 4.3.3 Market Attractiveness Analysis by Application, 2015–2022
- 4.4 Europe Ashwagandha Market Outlook by Region
- 4.4.1 Market Value & Volume Comparison by Region (2015-2031)
- 4.4.2 Market Value & Volume Market Share by Region in 2021
- 4.4.3 Market Attractiveness Analysis by Region, 2015–2022
- 4.5 Europe Ashwagandha Market Outlook (2015-2031)
- 4.5.1 Market Value & Volume (2015–2022)
- 4.5.2 Market Value & Volume (2023-2031)
- 4.6 Europe Ashwagandha Market Value & Volume by Regions
- 4.6.1 Market Value & Volume Comparison by Region (2015–2022)
- 4.6.2 Market Value & Volume Comparison by Region (2023-2031)
- 4.7 Europe Ashwagandha Market Value & Volume by Product Type
- 4.7.1 Market Value & Volume Comparison by Product Type (2015–2022)
- 4.7.2 Market Value & Volume Comparison by Product Type (2023-2031)
- 4.8 Europe Ashwagandha Market Value & Volume by Distribution Channel
- 4.8.1 Market Value & Volume Comparison by Distribution Channel (2015–2022)
- 4.8.2 Market Value & Volume Comparison by Distribution Channel (2023-2031)
- 4.9 Europe Ashwagandha Market Value & Volume by Application
- 4.9.1 Market Value & Volume Comparison by Application (2015–2022)
- 4.9.2 Market Value & Volume Comparison by Application (2023-2031)
- 4.10 Europe Ashwagandha Market Y-o-Y Growth Rate Comparison 2016–2031
- 4.10.1 Market Y-o-Y Growth Rate by Region
- 4.10.2 Market Y-o-Y Growth Rate by Product Type
- 4.10.3 Market Y-o-Y Growth Rate by Distribution Channel
- 4.10.4 Market Y-o-Y Growth Rate by Application
- 4.11 Europe Ashwagandha Market Share Comparison 2015–2030
- 4.11.1 Market Share by Region
- 4.11.2 Market Share by Product Type
- 4.11.3 Market Share by Distribution Channel
- 4.11.4 Market Share by Application
- 4.1 Europe Ashwagandha Market by Product Type
- Chapter 5 Asia-Pacific Ashwagandha Market Overview
- 5.1 Asia-Pacific Ashwagandha Market by Product Type
- 5.1.1 Market Value & Volume Comparison by Product Type (2015-2031)
- 5.1.2 Market Value & Volume Market Share by Product Type in 2021
- 5.2 Asia-Pacific Ashwagandha Market Value & Volume Comparison by Distribution Channel (2015-2031)
- 5.2.1 Market Value & Volume Market Share by Distribution Channel in 2021
- 5.2.2 Market Attractiveness Analysis by Distribution Channel, 2015–2022
- 5.3 Asia-Pacific Ashwagandha Market by Application
- 5.3.1 Market Value & Volume Comparison by Application (2015-2031)
- 5.3.2 Market Value & Volume Market Share by Application in 2021
- 5.3.3 Market Attractiveness Analysis by Application, 2015–2022
- 5.4 Asia-Pacific Ashwagandha Market Outlook by Region
- 5.4.1 Market Value & Volume Comparison by Region (2015-2031)
- 5.4.2 Market Value & Volume Market Share by Region in 2021
- 5.4.3 Market Attractiveness Analysis by Region, 2015–2022
- 5.5 Asia-Pacific Ashwagandha Market Outlook (2015-2031)
- 5.5.1 Market Value & Volume (2015–2022)
- 5.5.2 Market Value & Volume (2023-2031)
- 5.6 Asia-Pacific Ashwagandha Market Value & Volume by Regions
- 5.6.1 Market Value & Volume Comparison by Region (2015–2022)
- 5.6.2 Market Value & Volume Comparison by Region (2023-2031)
- 5.7 Asia-Pacific Ashwagandha Market Value & Volume by Product Type
- 5.7.1 Market Value & Volume Comparison by Product Type (2015–2022)
- 5.7.2 Market Value & Volume Comparison by Product Type (2023-2031)
- 5.8 Asia-Pacific Ashwagandha Market Value & Volume by Distribution Channel
- 5.8.1 Market Value & Volume Comparison by Distribution Channel (2015–2022)
- 5.8.2 Market Value & Volume Comparison by Distribution Channel (2023-2031)
- 5.9 Asia-Pacific Ashwagandha Market Value & Volume by Application
- 5.9.1 Market Value & Volume Comparison by Application (2015–2022)
- 5.9.2 Market Value & Volume Comparison by Application (2023-2031)
- 5.10 Asia-Pacific Ashwagandha Market Y-o-Y Growth Rate Comparison 2016–2031
- 5.10.1 Market Y-o-Y Growth Rate by Region
- 5.10.2 Market Y-o-Y Growth Rate by Product Type
- 5.10.3 Market Y-o-Y Growth Rate by Distribution Channel
- 5.10.4 Market Y-o-Y Growth Rate by Application
- 5.11 Asia-Pacific Ashwagandha Market Share Comparison 2015–2030
- 5.11.1 Market Share by Region
- 5.11.2 Market Share by Product Type
- 5.11.3 Market Share by Distribution Channel
- 5.11.4 Market Share by Application
- 5.1 Asia-Pacific Ashwagandha Market by Product Type
- Chapter 6 Latin America Ashwagandha Market Overview
- 6.1 Latin America Ashwagandha Market by Product Type
- 6.1.1 Market Value & Volume Comparison by Product Type (2015-2031)
- 6.1.2 Market Value & Volume Market Share by Product Type in 2021
- 6.2 Latin America Ashwagandha Market Value & Volume Comparison by Distribution Channel (2015-2031)
- 6.2.1 Market Value & Volume Market Share by Distribution Channel in 2021
- 6.2.2 Market Attractiveness Analysis by Distribution Channel, 2015–2022
- 6.3 Latin America Ashwagandha Market by Application
- 6.3.1 Market Value & Volume Comparison by Application (2015-2031)
- 6.3.2 Market Value & Volume Market Share by Application in 2021
- 6.3.3 Market Attractiveness Analysis by Application, 2015–2022
- 6.4 Latin America Ashwagandha Market Outlook by Region
- 6.4.1 Market Value & Volume Comparison by Region (2015-2031)
- 6.4.2 Market Value & Volume Market Share by Region in 2021
- 6.4.3 Market Attractiveness Analysis by Region, 2015–2022
- 6.5 Latin America Ashwagandha Market Outlook (2015-2031)
- 6.5.1 Market Value & Volume (2015–2022)
- 6.5.2 Market Value & Volume (2023-2031)
- 6.6 Latin America Ashwagandha Market Value & Volume by Regions
- 6.6.1 Market Value & Volume Comparison by Region (2015–2022)
- 6.6.2 Market Value & Volume Comparison by Region (2023-2031)
- 6.7 Latin America Ashwagandha Market Value & Volume by Product Type
- 6.7.1 Market Value & Volume Comparison by Product Type (2015–2022)
- 6.7.2 Market Value & Volume Comparison by Product Type (2023-2031)
- 6.8 Latin America Ashwagandha Market Value & Volume by Distribution Channel
- 6.8.1 Market Value & Volume Comparison by Distribution Channel (2015–2022)
- 6.8.2 Market Value & Volume Comparison by Distribution Channel (2023-2031)
- 6.9 Latin America Ashwagandha Market Value & Volume by Application
- 6.9.1 Market Value & Volume Comparison by Application (2015–2022)
- 6.9.2 Market Value & Volume Comparison by Application (2023-2031)
- 6.10 Latin America Ashwagandha Market Y-o-Y Growth Rate Comparison 2016–2031
- 6.10.1 Market Y-o-Y Growth Rate by Region
- 6.10.2 Market Y-o-Y Growth Rate by Product Type
- 6.10.3 Market Y-o-Y Growth Rate by Distribution Channel
- 6.10.4 Market Y-o-Y Growth Rate by Application
- 6.11 Latin America Ashwagandha Market Share Comparison 2015–2030
- 6.11.1 Market Share by Region
- 6.11.2 Market Share by Product Type
- 6.11.3 Market Share by Distribution Channel
- 6.11.4 Market Share by Application
- 6.1 Latin America Ashwagandha Market by Product Type
- Chapter 7 Middle East & Africa Ashwagandha Market Overview
- 7.1 Middle East & Africa Ashwagandha Market by Product Type
- 7.1.1 Market Value & Volume Comparison by Product Type (2015-2031)
- 7.1.2 Market Value & Volume Market Share by Product Type in 2021
- 7.2 Middle East & Africa Ashwagandha Market Value & Volume Comparison by Distribution Channel (2015-2031)
- 7.2.1 Market Value & Volume Market Share by Distribution Channel in 2021
- 7.2.2 Market Attractiveness Analysis by Distribution Channel, 2015–2022
- 7.3 Middle East & Africa Ashwagandha Market by Application
- 7.3.1 Market Value & Volume Comparison by Application (2015-2031)
- 7.3.2 Market Value & Volume Market Share by Application in 2021
- 7.3.3 Market Attractiveness Analysis by Application, 2015–2022
- 7.4 Middle East & Africa Ashwagandha Market Outlook by Region
- 7.4.1 Market Value & Volume Comparison by Region (2015-2031)
- 7.4.2 Market Value & Volume Market Share by Region in 2021
- 7.4.3 Market Attractiveness Analysis by Region, 2015–2022
- 7.5 Middle East & Africa Ashwagandha Market Outlook (2015-2031)
- 7.5.1 Market Value & Volume (2015–2022)
- 7.5.2 Market Value & Volume (2023-2031)
- 7.5 Middle East & Africa Ashwagandha Market Value & Volume by Regions
- 7.6.1 Market Value & Volume Comparison by Region (2015–2022)
- 7.6.2 Market Value & Volume Comparison by Region (2023-2031)
- 7.7 Middle East & Africa Ashwagandha Market Value & Volume by Product Type
- 7.7.1 Market Value & Volume Comparison by Product Type (2015–2022)
- 7.7.2 Market Value & Volume Comparison by Product Type (2023-2031)
- 7.8 Middle East & Africa Ashwagandha Market Value & Volume by Distribution Channel
- 7.8.1 Market Value & Volume Comparison by Distribution Channel (2015–2022)
- 7.8.2 Market Value & Volume Comparison by Distribution Channel (2023-2031)
- 7.9 Middle East & Africa Ashwagandha Market Value & Volume by Application
- 7.9.1 Market Value & Volume Comparison by Application (2015–2022)
- 7.9.2 Market Value & Volume Comparison by Application (2023-2031)
- 7.10 Middle East & Africa Ashwagandha Market Y-o-Y Growth Rate Comparison 2016–2031
- 7.10.1 Market Y-o-Y Growth Rate by Region
- 7.10.2 Market Y-o-Y Growth Rate by Product Type
- 7.10.3 Market Y-o-Y Growth Rate by Distribution Channel
- 7.10.4 Market Y-o-Y Growth Rate by Application
- 7.11 Middle East & Africa Ashwagandha Market Share Comparison 2015–2030
- 7.11.1 Market Share by Region
- 7.11.2 Market Share by Product Type
- 7.11.3 Market Share by Distribution Channel
- 7.11.4 Market Share by Application
- 7.1 Middle East & Africa Ashwagandha Market by Product Type
- Chapter 8 Global Ashwagandha Market Company Profiles
- 8.1 Market Competition Scenario Analysis, By Company
- 8.2 Competitor Landscape
- 8.3 Company Share Analysis
- 8.4 Company Profiles
- 8.4.1 Xi'an Lyphar Biotech
- 8.4.1.1 Company Overview
- 8.4.1.2 Business Description
- 8.4.1.3 Product Portfolio
- 8.4.1.4 Key Financials
- 8.4.1.5 Key Developments
- 8.4.1.6 SWOT Analysis
- 8.4.2 NutriBoost B.V.
- 8.4.2.1 Company Overview
- 8.4.2.2 Business Description
- 8.4.2.3 Product Portfolio
- 8.4.2.4 Key Financials
- 8.4.2.5 Key Developments
- 8.4.2.6 SWOT Analysis
- 8.4.3 Xian Sost Biotech
- 8.4.3.1 Company Overview
- 8.4.3.2 Business Description
- 8.4.3.3 Product Portfolio
- 8.4.3.4 Key Financials
- 8.4.3.5 Key Developments
- 8.4.3.6 SWOT Analysis
- 8.4.4 AuNutra Industries Inc.
- 8.4.4.1 Company Overview
- 8.4.4.2 Business Description
- 8.4.4.3 Product Portfolio
- 8.4.4.4 Key Financials
- 8.4.4.5 Key Developments
- 8.4.4.6 SWOT Analysis
- 8.4.5 Himalaya Global Holdings Ltd.
- 8.4.5.1 Company Overview
- 8.4.5.2 Business Description
- 8.4.5.3 Product Portfolio
- 8.4.5.4 Key Financials
- 8.4.5.5 Key Developments
- 8.4.5.6 SWOT Analysis
- 8.4.6 Amax NutraSource, Inc.
- 8.4.6.1 Company Overview
- 8.4.6.2 Business Description
- 8.4.6.3 Product Portfolio
- 8.4.6.4 Key Financials
- 8.4.6.5 Key Developments
- 8.4.6.6 SWOT Analysis
- 8.4.7 Sabinsa Company
- 8.4.7.1 Company Overview
- 8.4.7.2 Business Description
- 8.4.7.3 Product Portfolio
- 8.4.7.4 Key Financials
- 8.4.7.5 Key Developments
- 8.4.7.6 SWOT Analysis
- 8.4.8 Sabinsa Company
- 8.4.8.1 Company Overview
- 8.4.8.2 Business Description
- 8.4.8.3 Product Portfolio
- 8.4.8.4 Key Financials
- 8.4.8.5 Key Developments
- 8.4.8.6 SWOT Analysis
- 8.4.9 Herbs Village
- 8.4.9.1 Company Overview
- 8.4.9.2 Business Description
- 8.4.9.3 Product Portfolio
- 8.4.9.4 Key Financials
- 8.4.9.5 Key Developments
- 8.4.9.6 SWOT Analysis
- 8.4.10 Banyan Botanicals
- 8.4.10.1 Company Overview
- 8.4.10.2 Business Description
- 8.4.10.3 Product Portfolio
- 8.4.10.4 Key Financials
- 8.4.10.5 Key Developments
- 8.4.10.6 SWOT Analysis
- 8.4.11 Other Key Players
- 8.4.1 Xi'an Lyphar Biotech
- Chapter 9 Research Methodology
- 9.1 Research Methodology
- 9.2 Primary Research
- 9.3 Secondary Research
- 9.4 Report Scope
- Chapter 10 About Us
- 10.1 Who we are:
- Chapter 11 Disclaimer
- Chapter 1 Global Ashwagandha Market Outlook
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Frequently Asked Questions (FAQ)
Ashwagandha is an adaptogen that helps your body deal with stress. Ashwagandha also provides various benefits for your body and brain, too. As an example, it may help improve brain function, decrease blood sugar and cortisol levels, and help address signs of depression and anxiety.
Ashwagandha is typically safe when taking for up to 3 months. The long-term health of ashwagandha is not known. Large amounts of ashwagandha may cause stomach upset, diarrhea, and vomiting. Rarely, liver problems may occur.
A single bottle of ashwagandha supplements in form of powder, tablets and capusles, typically range from US$ 12 – US$ 40.
In the US, the ashwagandha supplements market grew to US$ 10.5 Mn in 2019, and is expected to reach US$ 17.5 Mn by 2026, growing at a CAGR of over 6% between 2020 and 2026.
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