The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

 

As per The Business Research Company’s Amla Extract Global Market Report 2024, the amla extract market is expected to show significant growth in the forecast period.

 

The Amla extract market has experienced a steady ascent in recent years, with a compound annual growth rate (CAGR) of 4.8%. In 2023, the market size reached $41.28 billion, poised to touch $43.28 billion in 2024. Traditional ayurvedic medicine, nutraceutical and dietary supplements, cosmetics, personal care, pharmaceutical applications, and cultural use have been key drivers of this growth.

Key Market Figures:

• 2023 Market Size: $41.28 billion
• 2024 Projected Size: $43.28 billion
• CAGR (2023-2024): 4.8%

The Road Ahead: Projected Growth and Influencing Factors

The forecast for the amla extract market is promising, anticipating a surge to $53.87 billion by 2028 at a CAGR of 5.6%. This growth is attributed to a rise in health awareness, the popularity of anti-aging and beauty products, advancements in functional foods, increased research and development activities, and the expansion of the global market.

Projected Figures:

• 2028 Projected Size: $53.87 billion
• CAGR (2024-2028): 5.6%

Driving Forces:

• Growing health awareness
• Anti-aging and beauty product demand
• Advancements in functional foods
• Research and development initiatives
• Global market expansion

Dietary Supplements: Catalyst for Amla Extraction Market Growth

The escalating demand for dietary supplements is a pivotal factor propelling the amla extraction market. These supplements, containing amla extract, offer a convenient means to harness the antioxidant-rich and vitamin C-packed benefits of amla. The Council for Responsible Nutrition’s 2021 survey highlights that 4 out of 5 Americans use dietary supplements, projecting an 80% increase in users in 2021 alone.

Key Drivers:

• Increasing demand for dietary supplements
• Antioxidant-rich and vitamin C benefits
• Support for immune health and overall well-being

Market Players: Powerhouses Behind Amla Extract

Numerous companies contribute to the vibrant landscape of the amla extract market. Some major players include Paradise Herbs & Essentials Inc., Ambe Phytoextracts Pvt. Ltd., Ri-Sun Bio-Tech Inc., and more. These entities play a pivotal role in shaping the market’s growth through their innovative products and strategic market presence.

Major Companies:

• Paradise Herbs & Essentials Inc.
• Ambe Phytoextracts Pvt. Ltd.
• Ri-Sun Bio-Tech Inc.
• Patanjali Ayurveda Ltd.
• NOW Health Group Inc.

 

View More On The Amla Extract Market Report 2024 – https://www.thebusinessresearchcompany.com/report/amla-extract-global-market-report

 

Amla Berry Extract: Unveiling Beauty Secrets

In the beauty industry, amla extract takes center stage with its role in innovative products like Amla Berry extract. Renowned for being an antioxidant powerhouse and rich in vitamin C, Amla extract is a key ingredient in skincare products. It brightens the skin, aids in fading hyperpigmentation, and features prominently in serums, anti-aging formulations, and herbal masks.

Beauty Industry Impact:

• Amla extract in skincare products
• Antioxidant powerhouse
• Brightening and hyperpigmentation-fading properties

Strategic Acquisitions: Marico Limited Expands Portfolio

In July 2021, Marico Limited made a significant move by acquiring Apco Naturals, a herbal product manufacturer. This strategic acquisition broadened Marico’s portfolio, providing access to a range of ayurvedic and organic skin and hair care products. The undisclosed deal aimed to strengthen Marico’s position in the Ayurveda-led beauty categories.

Acquisition Highlights:

• Marico Limited acquires Apco Naturals
• Expansion into ayurvedic and organic skin and hair care products

Market Segmentation: Amla Extract’s Diverse Applications

The amla extract market is diverse, encompassing various types, applications, and end-use segments. The segmentation includes powder and pulp types, applications spanning food and beverages to pharmaceuticals, and end-use categories such as diabetes, radiation protection, skin and collagen, and heartbeat.

Market Segmentation:

1. Type: Powder, Pulp
2. Application: Food and Beverages, Pharmaceuticals, Personal Care and Cosmetics, Nutraceuticals
3. End Use: Diabetes, Radiation Protection, Skin and Collagen, Heartbeat

Regional Dynamics: Asia-Pacific Leads, Europe Emerges

In 2023, Asia-Pacific stood as the largest region in the amla extract market, while Europe is poised to emerge as the fastest-growing region in the forecast period. This dynamic regional shift underscores the global nature of the amla extract market.

Regional Outlook:

• Largest Region (2023): Asia-Pacific
• Fastest-Growing Region: Europe (Forecast Period)

 

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The Amla Extract Global Market Report 2024  provides an in-depth analysis on the amla extract market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the amla extract market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

 

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