Press release
Global Shilajit Extract Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth
Global Shilajit Extract MarketGlobal Shilajit Extract market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029.
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Report Scope
The market for shilajit extract is expanding, and this is largely due to its rich historical medical background. For ages, Tibetan and Ayurvedic medicine has used shilajit, a naturally occurring chemical obtained from the Altai and Himalayan mountain regions. The market is growing because of the revived interest in its therapeutic benefits sparked by its historical usage as a revitalizing and rejuvenating agent. The market for Shilajit Extract has been driven primarily by the increase in the general public's knowledge and acceptance of Ayurvedic health practices. The market for Shilajit extracts has expanded as customers look for all-natural, holistic solutions. As a result of the market's products and the emphasis on Ayurveda's concepts of harmony and balance in the body, Shilajit is becoming more widely accepted as a health supplement.
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Segment by Type
• 40% Fulvic Acid
• 50% Fulvic Acid
• Others
Segment by Application
• Cosmetic
• Food and Beverage
• Others
By Company
Undersun, Creative Enzymes, VISTERRA, Botanic Healthcare, Alpspure Lifesciences, HERBOIL CHEM, Shaanxi Huachen Biotech, Xi'an Changyue Biological Technology, XI'AN ALADDIN BIOLOGICAL TECHNOLOGY, Mufan Biologyc
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