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Amla Extract Market Size, Share Analysis, Trends, And Forecast To 2033
Amla Extract Market
The amla extract market size is expected to see strong growth in the next few years. It will grow to $53.87 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to growing health awareness, anti-aging and beauty products, functional foods, research and development, global market expansion. Major trends in the forecast period include functional foods and beverages, beauty and skincare products, ayurvedic and herbal supplements, customized nutraceuticals, organic and non-gmo products.
Market Overview -
Amla extract refers to extracts from Indian gooseberry (Phyllanthus emblica). Amla extract is a high medicinal ayurvedic plant that contains anti-inflammatory properties and can be used in herbs and botanicals and is used by the cosmetic, pharmaceutical, and wellness industries.
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Elevated Health Awareness Sparks Remarkable Growth In The Amla Extract Market
Amla extract market growth is being driven by rising health awareness. Amla extracts are better known for their medicinal values, and they are also used in various forms and have thus become an important ingredient in herbal medicines and Ayurvedic. Amla improves immunity, fights infections, aids weight management, relieves pain, and others. For instance, according to the Australian Bureau of Statistics, the independent statutory agency of the Australian Government, in comparison to 2020-21, more people used health services in 2021-2022. People visited a GP (general practitioner) (83.6% versus 82.4%), visited a dentist (49.4% as opposed to 47.9%), visited a doctor (38.9% as opposed to 37.4%), and visited an emergency department (ED) at a hospital (14.8% as opposed to 13.4%).Thus, rising health awareness is driving the amla extract market.
Competitive Landscape -
Major companies operating in the amla extract market include Paradise Herbs & Essentials Inc., Ambe Phytoextracts Pvt. Ltd., Ri-Sun Bio-Tech Inc., Sydler Group Pvt. Ltd., Biomax Ltd., Taiyo International Ltd., Innophos Holdings Ltd., Patanjali Ayurveda Ltd., Jiva Botanicals LLC, Herbeno Herbals Pvt. Ltd., NutraGenesis Pvt. Ltd., Xcul Amla Oil, Jaison Pvt. Ltd., Neelamari Herbs OPS Pvt. Ltd., Dabur India Ltd., Organic India Pvt. Ltd., NutraGenesis LLC, Natreon Inc., Avestia Pharma Pvt. Ltd., Skan Ayurceuticals Pvt. Ltd., Rusmolco LLC, Ambe NS Agro Products Pvt. Ltd., Aloecorp Inc., NOW Health Group Inc., Indigo Herbs Ltd., Arjuna Natural Extracts Ltd., Archerchem Pvt. Ltd., Sabinsa Corporation, Arjuna Natural Pvt Ltd., Bhagat Aromatics Limited, Aristo Pharmaceuticals Pvt. Ltd.
Popularity Of Amla Caplets In The Market
Amla caplets are the key trend gaining popularity in the amla extract market. The companies in the amla extract market are focusing on producing the amla caplets to expand their market share. A caplet is a compressed mixture of some ingredients, which will be similar to a tablet, but is formed into a capsule shape. Amla caplets are produced in a cGMP facility and contain no magnesium stearate or capsules made of animal gelatin and no artificial tableting glue. For instance, Indian pharmaceutical company Himalaya launched the Amla 60 Caplets in the amla extract market.
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Key Segments -
The amla extract market covered in this report is segmented -
1) By Type: Powder, Pulp
2) By Application: Food And Beverages, Pharmaceuticals, Personal Care And Cosmetics, Nutraceuticals
3) By End Use: Diabetes, Radiation Protection, Skin And Collagen, Heartbeat
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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