Ashwagandha Market to Exhibit a Remarkable CAGR of 11.61% by 2031, Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook

Data Bridge Market Research analyzes that the global ashwagandha market is expected to reach USD 128,912.32 thousand by 2031, which is USD 53,538.91 thousand in 2023, registering a CAGR of 11.61% during the forecast period of 2024 to 2031.

Ashwagandha is a natural herb that is used for treating a variety of health conditions. It is commonly known as Withania somnifera, also recognized as Indian ginseng, poison gooseberry, and winter cherry has been used from ancient times in many cultures for its health benefits as the Indian ayurvedic system uses Withania somnifera as medicine Rasayana (tonic), particularly as a nerve tonic.

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Some of the major players operating in the ashwagandha market report are KSM66 Ashwagandha (Ixoreal Biomed) (U.S.), Sami-Sabinsa Group (India), Dabur India Limited (India), Himalaya Wellness Company(India), Swanson (U.S.), Zanducare (A Subsidiary of Emami Ltd.) (India), Patanjali AyurvedIndia, Herbochem(India), Apex International (India), Kerry Group plc (Ireland), KAIRALI AYURVEDIC PRODUCTS PRIVATE LIMITED (India), Bioprex Labs (India), Natreon Inc. (U.S.), Medikonda Nutrients (India), Carrubba Inc. (U.S.), Organic India Pvt. Ltd. (India), Zoic Pharmaceuticals (India), Creative Enzymes (U.S.), Aunutra Industries Inc. (U.S.) among others.

Competitive Landscape and Global Ashwagandha Market Share Analysis :

The ashwagandha market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies focus related to global ashwagandha market.

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