Press release
Adaptogens Market 2023 : Trends, Growth, Major Players Analysis And Forecast 2032 | REBBL, Nutra Industries Inc., Organic India, Xian Yuensun Biological Technology Co. Ltd., PLT Health Solutions Inc.
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Adaptogens Global Market Report 2023 identifies the rising demand for healthy food and beverages as the major driver for the Adaptogens market's growth in the forecast period. Increasing health consciousness among the global population is driving the demand for healthy food and beverages. Healthy foods and beverages with rich nutrients are needed to maintain the body's health and energy levels. Adaptogens help the body respond to stress, anxiety, fatigue, and overall well-being. The rising demand for healthy food and beverages will create demand for adaptogens that which are an essential component of healthy food and beverages due to their herbal properties.
The global adaptogens market size grew from $9.79 billion in 2022 to $10.7 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The adaptogens market size is expected to grow to $15.37 billion in 2027 at a CAGR of 9.5%.
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Major competitors in the Adaptogens market are REBBL, Nutra Industries Inc., Organic India, Xian Yuensun Biological Technology Co. Ltd., PLT Health Solutions Inc., Xi'an Greena Biotech Co. Ltd., Amax NutraSource Inc., NutraCap Labs, Changsha Organic Herb Inc., Organic Herb Inc., Nutra Science Labs and Organika Health Products Inc.
A key trend in the Adaptogens market includes the adaptogen drink. The adaptogens are potential ingredients that counterattack the effects of stress, anxiety, and fatigue and promote healing. Adaptogen drink is made like a regular drink with whole fruit juices, organic adaptogens, and aromatherapeutic superfoods. Adaptogen drink is a new trend due to their excellent uses such as instant energy-boosting, fast replacement to tea and coffee, soothing nighttime drink, and other health benefits. It is an essential drink for people with low mental energy or high mental or physical fatigue.
Read More On The Global Adaptogens Market Report Here:
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The Adaptogens market is segmented -
By Nature: Organic, Synthetic
By Source: Ashwagandha, Ginseng, Astragalus, Holi Basil, Rhodiola Rosea, Schisandra, Adaptogenic mushrooms, Other Sources
By Distribution Channel: Online, Offline
By Application: Food And Beverages, Dietary And Sports Supplements, Pharmaceutical, Cosmetics, Animal Feed
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Adaptogens market.
The Business Research Company's "Global Adaptogens Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Adaptogens Market Include:
1. Executive Summary
2. Adaptogens Market Characteristics
3. Adaptogens Market Trends And Strategies
4. Adaptogens Market - Macro Economic Scenario
5. Adaptogens Market Size And Growth
……
26. Africa Adaptogens Market
27. Adaptogens Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Adaptogens Market
29. Adaptogens Market Future Outlook and Potential Analysis
30. Appendix
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