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Explored in latest research Psyllium Husk Market Size & Share, Growth, Trends, and Forecast 2017 - 2025
The main objective of this report is to define, describe, and forecast the global “Psyllium Husk” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Psyllium husk Market: Introduction: Psyllium husk is obtained from genus Plantago. The husk is commercially used for mucilage production used in laxatives and other application of the same. The psyllium plant is native to South East Asia with India dominating the production by volume globally. The psyllium is high in soluble fiber content with detoxing effect over digestive system makes it a very apt nutraceutical and OTC pharmaceutical ingredient. Psyllium husk is available in powder and as the whole husk. Psyllium husk dust is produced during the production psyllium husk powder which has application in construction and animal feed industry. Psyllium husk market is expected to be dominated by the North America region owing to its large laxative drug and supplement market. The natural origin of the psyllium husk and offering in organic is anticipated to drive the market over the forecast period.
Psyllium husk Market: Segmentation: The psyllium husk market is segmented on the basis of origin, offering, and application.
On the basis of origin, the psyllium husk market can be segmented into conventional and organic. The organic segment to witness high CAGR over the forecast period owing to the global trend of organic and natural based supplements and nutraceuticals. The conventional segment is expected dominate in terms of volume share owing to cost-effectiveness and low residue presence in the final product.
On the basis of offering, the psyllium husk market can be segmented into whole, powder, and dust. The whole segment is expected to dominate the global psyllium market in terms of volume share. The powder segment is anticipated to see strong CAGR over the forecast period owing to its increased application in supplement and pharmaceutical market.
On the basis of application, the psyllium husk market can be segmented into dietary supplements, pharmaceutical, animal feed, and others. The dietary supplement segment is anticipated to dominate the global psyllium husk market owing to its high demand in the sector. The pharmaceutical segment is also anticipated to see significant growth rate over the forecast period.
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Psyllium husk Market: Region-wise Outlook: North America is expected to dominate the global psyllium husk market over the forecast period resulted by the booming supplement market in the region and natural based pharmaceutical market in the region. The Asia Pacific to follow next which is attributed to its traditional use in the region as a remedy for problems occurring with digestive system. Europe to see significant growth for organic psyllium husk resulted by the regulation placed by the authorities for curving out GMO and non-organic ingredients in supplements and pharmaceutical in the region. Latin America and the Middle East and Africa to post substantial volume consumption owing to the increasing aged population in the region.
Psyllium husk Market: Drivers and Restraints: The psyllium husk market is expected to be driven by the increasing demand for natural remedies in OTC pharmaceutical segments as they are considered to be more beneficial and contents less side effects over synthetic offerings. Increasing working class population in developing region is aligned with the increasing laxative drug consumption due to sedentary lifestyle resulting in demand for psyllium husk over the regions. The aging population is susceptible to digestive problem which is attributed to fuel demand for psyllium husk in developed region with an aging population.
The psyllium market is expected to face restraint from other natural laxatives available in the market with added benefits and also from the synthetic laxative available at comparatively cheaper cost.
Psyllium husk Market: Key Players: The global player for the Psyllium husk market are JYOT Overseas Pvt. Ltd., Satnam Psyllium Industries, Psyllium Labs LLC, Gayatri Psyllium Industries, Balisana Isabgol, Rama Gum Industries Limited, Premcem Gums Pvt. Ltd. and K V Agro Products Ltd.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
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Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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