Adaptogens Market Size | COVID-19 Impact Analysis | Forecast to 2027
The global adaptogens market is expected to grow at a significant CAGR during the forecast period (2021-2027). Adaptogens are herbal products that aid the body in dealing with physical and mental stress. Some adaptogens, such as Holy Basil, can be eaten whole, while others can be taken as supplements or brewed into teas. Adaptogens are products that alter the body’s hormone balance, allowing people to function normally even in stressful situations. Adaptogens come in a variety of forms, each with its unique set of benefits.
Adaptogens such as Ashwagandha Tulsi, Basil Leaves, and Asian
Ginseng can aid with hormonal imbalances brought on by long-term stress. When
it comes to coping with acute stress triggers in the body, Siberian Ginseng
(also known as Eleutherococcus senticosus), Rhodiola, and Schisandra can aid.
Siberian Ginseng is also utilized to support the body's immunological system.
Rhodiola is a herb that might support energy and memory. Schisandra has been
shown to support the liver work better. Arctic Root is a cold-climate plant
that grows in Asia and Europe and is believed to support minor health issues
including headaches and flu. Cordyceps, a type of fungus that is thought to
help maintain the body's hormonal balance by neutralizing and balancing
hormones.
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The rising incidence of stress across the globe is one of
the key growth drivers of the global adaptogen market. As per the American
Institute of Stress, 73% of people have stress that affects their mental
health, and 48% of people have sleep problems as a result of stress. Adaptogens
can show to be a potential medicinal remedy for stress, owing to the rising
levels of stress. The increased demand for healthy foods and beverages is
another growth driver for adaptogens. Adaptogens, which come in powdered form,
can be added to meals to support reduce stress and improve mental clarity. It's
also becoming more popular as an alternative for cannabidiol (CBD), which is
driving the market growth.
The key companies operating in the industry are highly inclined towards
the adoption of different growth strategies including product launches,
partnerships and collaborations, mergers and acquisitions, and geographical
expansion to remain competitive in the marketplace. For instance, in April
2019, Rebbl has introduced three new plant-based, indulgent beverages that
provide functional advantages owing to adaptogenic ingredients including
ashwagandha. The company is also focusing to improve its sustainability and
transparency by investing in local economies and using organic and sustainable
agriculture practices. Yerba Mate Mint Latte, Hazelnut Chocolate Protein, and
Mint Chip Protein are among the new varieties of the "super herb
elixirs." As the beverages are sweetened with organic coconut sugar and
stevia extract, they have a low sugar content (4g per bottle). The new line
comprised a wide selection of "super herbs" and adaptogens are
utilized at optimal levels of efficacy. At the same time, there are no gums,
thickeners, or artificial flavours in the drinks. Moringa, matcha, ashwagandha,
maca, and reishi are among the herbs in the new beverage line, all of which
have functional benefits, according to the company.
Market
Coverage
• The market number available
for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
·
By Nature
·
By Source
·
By Application
• Regions covered-
·
North America
·
Europe
·
Asia-Pacific
·
Rest of the World
• Competitive
Landscape: REBBL Inc., Nutracap Labs, and Organika Health Products
Inc., among others.
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Global Adaptogens Market Report by Segment
By Nature
·
Natural
·
Synthetic
·
By Source
·
Ashwagandha
·
Ginseng
·
Astragalus
·
Turmeric
·
Others (Cordyceps and Holy Basil)
By Application
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Food and Beverages
·
Pharmaceuticals
·
Nutraceuticals
·
Cosmetics and Personal Care
·
Animal Feed
Global Adaptogens Market by Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of the World
·
Latin America
·
Middle East & Africa
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