Ashwagandha Extract Market Upcoming Future And Their Trends
Global Ashwagandha Extract Market Research report presents an in-depth analysis of the Ashwagandha Extract Market size, growth, share, segments, manufacturers, forecast, competition landscape, and growth opportunity. This report also focuses on key trends, market drivers, challenges, standardization, deployment models, future roadmap, revenue, and forecast. Moreover, this research report categorizes the global Ashwagandha Extract Market by companies, region, type, and end-user industry.
The global ashwagandha extract market was valued at $864.3 million in 2021, and is projected to reach $2.5 billion by 2031, growing at a CAGR of 11.4% from 2022 to 2031.
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Major Ashwagandha Extract Market Manufacturers covered in the market report include:
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.
Key Drivers & Trends
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.
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