Adaptogens Market 2022 Size, Growth Analysis Report, Forecast to 2028
The global adaptogen market is anticipated
to grow at a considerable CAGR of 8.8% during the forecast period. The factor
which can be seen as a driving pull to the growing demand foradaptogen market
is growing awareness of consumers towards more healthy clean food. Consumers
are nowadays getting more attracted towards organic and pure consumables.
Health benefits are the primary reason that adaptogens are used in food and
beverages industry. Adaptogens are used in the personal care and cosmetics
sector as a mixture of personal care products which is helps in reversing the
biological aging process. They help in releasing stress and maintaining a
healthy lifestyle. Adaptogens are considered helpful in increasing immunity and
they are rich in anti-oxidants. For instance, in Feb 2021, the market saw a
great rise in the sales of Ashwagandha which helps in maintaining stress
disorders, a chronic sleep disorder that has significantly increased after the
Coronavirus outbreak. This study was published in American Botanical Council’s
Journal Herbalgram.
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The global adaptogen market is segmented based on nature,
source, and application. Based on nature, the market is segmented into natural
and synthetic. Based on the source, the market is sub-segmented into
ashwagandha, ginseng, astragalus, turmeric, and others (cordyceps and holy
basil). Based on application the market is sub-segmented into food and
beverages, pharmaceuticals, nutraceuticals, cosmetics & personal care, and
animal feed. Among the above-mentioned segments, the cosmetics &personal
care segment is going to see considerable growth as adaptogens are used with
personal care products widely which help in reversing the aging process. This
benefit of adaptogens will make them in demand in the future as with changing
times, people are cautious about their personality and appearance.
Market Coverage
•
The market number available for – 2022-2028
•
Base year- 2020
•
Forecast period- 2022-2028
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
·
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
Company Profiles
•
Dabur India Ltd.
•
Emami Ltd.
•
Himalaya Drug Company
•
Herbal Hills
•
Kairali Ayurvedic Products Pvt.Ltd.
•
Maharishi Ayurveda
•
Organic India, Inc.
•
PLT Healthsolutions, Inc.
•
Patanjali Ayurveda
•
Planet Ayurveda
•
REBBL
•
Sun Pharmaceutical Industries Ltd.
•
Shri Baidyanath Ayurved Bhawan Pvt.Ltd.
•
Xi’an Greena Biotech Co.Ltd.
•
Xian Yuensun Biological Technology Co.Ltd
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