Rising at 7.3% CAGR, Adaptogens Market Size to Reach $20.3 billion by 2031

The Adaptogens Market report is a useful source of information for new entrants, shareholders, frontrunners, and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗧𝗵𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙 𝗢𝗳 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁: https://www.alliedmarketresearch.com/request-sample/17240

The Adaptogens Market Size was valued at $10.3 billion in 2021, and is estimated to reach $20.3 billion by 2031, growing at a CAGR of 7.3% from 2022 to 2031. The report offers detailed segmentation of the global adaptogens market based on source, end use, application, distribution channel, and region. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on fastest growing segments and highest revenue generation that is mentioned in the report.

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬

The major players analyzed for global Adaptogens Industry are Dabur India Ltd, Emami Limited, kairali ayurvedic group, Himalaya Wellness, Colgate-Palmolive Company, Procter & Gamble, Patanjali Ayurved Limited, Shahnaz Ayurveda Pvt. Ltd., Shree Baidyanath Ayurveda Bhawan Pvt. Ltd, Unilever, ENOMARK BIOTECH (ENOMARK HEALTHCARE), Riaan Wellness Pvt. Ltd., Givaudan International SA (NATUREX S.A.), PLT Health Solutions, and INDENA S.P.A.

By application, the market is segregated into food & beverage, dietary & sports supplements, cosmetic, animal feed, and pharmaceutical. The food & beverage segment is anticipated to grow at the highest rate during the forecast period, it is attributed to the growth in preference for healthy eating habits among consumer and these adaptogen can be easily blended into different food & beverages.

As per distribution channel, the market is categorized into supermarkets & hypermarkets, specialty stores, online sales channel, and others. The specialty store channel is expanding at the fastest rate due to the discounts, vast selection, and unique shopping experience it offers.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 (320 𝐏𝐚𝐠𝐞𝐬 𝐏𝐃𝐅 𝐰𝐢𝐭𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞𝐬, 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬) 𝐚𝐭: https://www.alliedmarketresearch.com/checkout-final/65a90b4e890c0accf87f94e4fe7f5ab3

Depending on end use, the market is fragmented into powder, capsules, tea & beverage, and others. Among these, the conventional occupied the major Adaptogens Market Share, and is projected to maintain its dominance during the forecast period. This is attributed to its numerous benefits such as it is easy to blend with various liquids including milk, water, and coffee.

Based on end use, the powder segment held the largest market share in 2021, holding more than one-third of the global adaptogens market share. Moreover, the same segment is set to maintain its dominant position during the forecast period. However, the capsules segment, on the other hand, is expected to cite the highest CAGR of 9.6% during the forecast timeline.

On basis of distribution channel, the business to consumer segment held the highest market share in 2021, holding nearly two-thirds of the global adaptogens market share, and is anticipated to maintain its leading position during the forecast timeline. Furthermore, the business to consumer segment, on the other hand, is expected to record the highest CAGR of 7.8% during the forecast timespan. The report also includes segments such as business to business segment.

𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐄𝐧𝐪𝐮𝐢𝐫𝐲: https://www.alliedmarketresearch.com/purchase-enquiry/17240

By application, the market is segregated into food & beverage, dietary & sports supplements, cosmetic, animal feed, and pharmaceutical. The food & beverage segment is anticipated to grow at the highest rate during the forecast period, it is attributed to the growth in preference for healthy eating habits among consumer and these adaptogen can be easily blended into different food & beverages.

𝗕𝗿𝗼𝘄𝘀𝗲 𝗦𝗶𝗺𝗶𝗹𝗮𝗿 𝗥𝗲𝗽𝗼𝗿𝘁𝘀:

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