Rising Preference For Natural and Plant-Based Products Driving Growth Of The Ayurvedic Herbal Extract Market: Strengthening the Growth Trajectory of the Ayurvedic Herbal Extract Market

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What Is the Expected CAGR for the Ayurvedic Herbal Extract Market Through 2025?
In recent times, the market size of ayurvedic herbal extracts has witnessed robust growth. It is projected to expand from $48.47 billion in 2024 to $52.25 billion in 2025, with a compound annual growth rate (CAGR) of 7.8%. Factors contributing to the growth during the historic period include cultural heritage and tradition, heightened consumer awareness, government backing and regulatory infrastructure, an increase in chronic health issues, and opportunities brought by globalization and export activities.

What's the Projected Size of the Global Ayurvedic Herbal Extract Market by 2029?
The market size of ayurvedic herbal extracts is forecasted to witness robust expansion in the upcoming years, reaching $69.59 billion by 2029 with a compound annual growth rate (CAGR) of 7.4%. This progress throughout the prediction period can be accounted to the rising interest in wellness and preventive healthcare, advancements in technology relating to extraction and formulation, growth in consumer spending on natural products, expansion of distribution networks, and investment in research and development. The primary trends anticipated during the forecast span involve an increasing inclination towards natural and organic products, technological sophistication in extraction and formulation processes, growing volume of research and development undertakings, regulatory aid and standardization, and increasing healthcare expenses leading to a proactive focus on health.

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Top Growth Drivers in the Ayurvedic Herbal Extract Industry: What's Accelerating the Market?
The swelling inclination towards naturally derived and plant-based goods is anticipated to drive the ayurvedic herbal extract market's expansion. Natural and plant-based products are items sourced from nature, especially plants, with minimal processing and no synthetic additives or chemicals. The demand for these products is augmenting due to health awareness, environmental considerations, the clean label movement, and dietary shifts to vegetarian and vegan pathways. Ayurvedic herbal extracts meet their philosophy of using unadulterated, natural components for health and wellness enhancement, heightening their allure and effectiveness for consumers looking for comprehensive and conventional medical resolutions. For example, as per the Plant Based Foods Association, a trade body based in the US, the sales of plant-based food in terms of dollars escalated by 6.6% in 2022, reaching $8 billion, a rise from $7.5 billion in the previous year. Consequently, the escalated preference for natural and plant-based goods is fueling the ayurvedic herbal extract market's growth.

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What Trends Will Shape the Ayurvedic Herbal Extract Market Through 2029 and Beyond?
Leading businesses in the ayurvedic herbal extract market are crafting ayurvedic wellness products to meet the expanding consumer desire for natural healthcare options, improve their product offerings, and exploit the growing fascination with holistic and traditional medicinal methods. These wellness items use natural components and age-old medicinal wisdom to harmonize the body, foster general well-being, and encourage healing. For instance, Zydus Wellness, an Indian consumer goods company, launched an immunity-enhancing drink, Complan Immuno-Gro, in July 2024. The main purpose of introducing this Ayurvedic-based immune-enhancing drink was to enhance children's memory, growth, and immunity. The drink is packed with over 20 Ayurvedic ingredients like brahmi, ashwagandha, and amla, known for their health advantages, mainly in immunity bolstering. Launching this product in Tamil Nadu, a targeted marketing strategy featuring actress from South India, Sneha, was employed with the aim of enlightening parents about natural healthcare alternatives for common seasonal immune concerns, particularly in children.

What Are the Main Segments in the Ayurvedic Herbal Extract Market?
The ayurvedic herbal extract market covered in this report is segmented -

1) By Type: Ashwagandha, Ajwain, Bramhi, Ginseng, Cardamom, Cumin, Basil, Neem, Licorice Root, Other Types
2) By Form: Liquid Or Tinctures, Powders, Essential Oils, Other Forms
3) By Application: Food And Beverages, Personal Care And Cosmetics, Pharmaceutical And Nutraceutical, Animal Feed

Subsegments:
1) By Ashwagandha: Root Extract, Leaf Extract, Organic Ashwagandha Extract, Standardized Ashwagandha Extract (Withanolides), Ashwagandha Powder, Ashwagandha Capsules Or Tablets
2) By Ajwain: Ajwain Seed Extract, Ajwain Oil Extract, Standardized Ajwain Extract (Thymol), Ajwain Powder, Ajwain For Digestive Health Supplements
3) By Brahmi: Brahmi Leaf Extract, Brahmi Powder, Bacopa Monnieri Extract, Standardized Brahmi Extract (Bacosides), Brahmi Capsules OrTablets, Brahmi Oil For Hair Care
4) By Ginseng: Asian Ginseng (Panax Ginseng) Extract, American Ginseng Extract, Ginseng Root Powder, Standardized Ginseng Extract (Ginsenosides), Red Ginseng Extract, Ginseng Capsules Or Tablets
5) By Cardamom: Green Cardamom Extract, Black Cardamom Extract, Cardamom Oil Extract, Cardamom Powder, Standardized Cardamom Extract (Essential Oils)
6) By Cumin: Cumin Seed Extract, Cumin Oil Extract, Cumin Powder, Standardized Cumin Extract (Thymol), Cumin For Digestive Health Supplements
7) By Basil: Holy Basil (Tulsi) Extract, Tulsi Leaf Extract, Organic Basil Extract, Standardized Basil Extract (Ursolic Acid), Basil Oil Extract For Stress Relief, Basil Capsules Or Tablets
8) By Neem: Neem Leaf Extract, Neem Bark Extract, Neem Oil Extract, Organic Neem Extract, Standardized Neem Extract (Azadirachtin), Neem Powder For Skin Care
9) By Licorice Root: Licorice Root Extract, Standardized Licorice Extract (Glycyrrhizin), Licorice Root Powder, Organic Licorice Root Extract, Licorice Root For Respiratory Health, Licorice Extract Capsules Or Tablets
10) By Other Types: Turmeric Extract, Tulsi Extract, Amla Extract, Moringa Extract, Shatavari Extract, Gotu Kola Extract, Ginger Extract, Triphala Extract, Fenugreek Extract

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Which Top Companies are Driving Growth in the Ayurvedic Herbal Extract Market?
Major companies operating in the ayurvedic herbal extract market are Dabur India Limited, Aimil Pharmaceuticals Ltd., Emami Group, Charak Pharma Pvt. Ltd., Swanson Health Products Inc., Vasu Healthcare Pvt. Ltd., Nature's Way Products Inc., Natural Remedies Pvt. Ltd., Gaia Herbs Inc., Maharishi AyurVeda Products International Inc., Organic India Private Limited, Sriveda Sattva Private Limited, Shree Baidyanath Ayurved Bhawan Pvt. Ltd., Kairali Ayurvedic Group, Patanjali Ayurved Limited, Sandu Pharmaceuticals Ltd., Botanic Healthcare Private Limited, Himalaya Global Holdings Ltd., Ayush Herbs Inc., Zandu Pharmaceuticals Works Ltd., Ancient Greenfiels Private Limited, Vicco Laboratories, Natreon Inc., Kerala Ayurveda Limited, Herbal Hills Wellness

Which Regions Will Dominate the Ayurvedic Herbal Extract Market Through 2029?
Asia-Pacific was the largest region in the ayurvedic herbal extract market in 2023, and is expected to be the fastest-growing region in the forecast period. The regions covered in the ayurvedic herbal extract market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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