Ashwagandha Market Share, Trends, Forecast 2030

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Ashwagandha Market Size Worth USD 113.9 Million
in 2030
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Rapidly growing adoption of ayurvedic medicine is
a key factor driving ashwagandha market revenue
growth
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Our Model
Market Analysis
Financial Analysis
Distribution Channel Analysis
Brand Analysis
Custom Market Intelligence
Competitor Analysis
Product Analysis
Custom Research
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Demand Analysis
Risk Analysis
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Business Plan Parameters
End Use Analysis
Demand Availability Analytics
Market Entry Strategy
Restructuring Revival
New Product Strategy
Product Planning / Strategy
SWOT Analysis
Marketing / Distribution Channel Feasibility
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Customer Identification Survey
Competitive Landscape / MA Feasibility
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Market Summary
The global ashwagandha market size reached USD
42.8 Million in 2021 and is expected to register
a revenue CAGR of 11.4 during the forecast
period, according to latest analysis by Emergen
Research. Ashwagandha market revenue growth is
driven by factors such as rapid increase in
demand for ashwagandha supplements, increasing
popularity of ashwagandha owing to its
nutritional health benefits, and surge in
demand for ashwagandha in functional food
beverages and pharmaceutical industries.
Ashwagandha has been utilized for medicinal
reasons in ayurveda and sold as a nutritional
supplement in numerous countries throughout
ancient periods. 
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Market Summary
Some Key Highlights From the Report The powder
segment accounted for a significant revenue share
in 2021. The powdered form of ashwagandha can
also be mixed with liquids, such as water, juice,
honey, or milk, to facilitate its rapid
absorption by body. Powdered Ashwagandha contains
only natural ingredients in its composition and
there are no additives or chemicals used in this
process. This powder provides body with essential
nutrients such as protein, carbohydrates, dietary
fiber, vitamin C, and calcium. The online retail
segment accounted for a moderate revenue share in
2021. Major benefits offered by online purchases
of ashwagandha, including availability,
convenience, easy direct delivery of goods to
doorstep, and a convenient way of payment, among
others, are expected to drive expansion of the
online segment over the forecast period. The
dietary supplements segment accounted for a
significant revenue share in 2021. Dietary
supplements are in high demand since they provide
consumers with numerous advantages. Dietary
supplements are beneficial owing to combination
of ingredients included within them. Researchers
are witnessing launch of the most significant
immunity-boosting chemicals in the market, as
importance of a healthy immune system increases.
Ashwagandha plant has been utilized to cure a
variety of illnesses.
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Market Summary
Some major companies in the global market report
include NutriBoost B.V, Xi an Sost Biotech Co.,
Ltd, Aunutra Industries Inc., Himalaya Global
Holdings Ltd, Sabinsa, Carrubba, Inc. Herbs
Village, Banyan Botanicals, Dabur, and Patanjali
Ayurved. Request Free Sample Copy_at_
https//www.emergenresearch.com/request-sample/133
1
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Market Summary
Emergen Research has segmented the global
ashwagandha market based on type, application,
distribution channel, and region Type Outlook
(Revenue, USD Million 2019-2030) Powder Capsules
Others Application Outlook (Revenue, USD Million
2019-2030) Food Beverage Industry Pharmaceutical
Industry Cosmetic Personal Care
Industry Dietary Supplements Household Others Dist
ributional Channel Outlook (Revenue, USD Million
2019-2030) B2B B2C Read More_at_ https//www.emergen
research.com/industry-report/ashwagandha-market
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Parameter Details
Market Size Estimation Period 2020-2028
Base Year Considered 2020
Historical Data 2017-2019
Forecast Period 2021-2028
Quantitative Units Revenue in USD million CAGR from 2020 to 2028
Segments Covered Types, Application, End-Users, Regions more.
Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Customization Scope 10 hours of free customization expert consultation
Pricing and Purchase Options Explore Different Purchase Options Request for Discount to Avail New Year Discount
MARKET SEGMENTATION
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Regional Share Dynamics
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