Global Adaptogens Market Report 2024: Size, Drivers, And Top Segments
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
The adaptogens market has seen substantial growth, increasing from <$10.67 billion in 2023 to <$11.67 billion in 2024, demonstrating a compound annual growth rate (CAGR) of 9.4%. This historical growth is linked to stress and lifestyle diseases, rising consumer awareness, the expansion of the nutraceutical industry, enhancement of athletic performance, and the adoption of holistic health practices. Looking towards 2028, the market is expected to expand rapidly, reaching <$17.11 billion with a CAGR of 10.0%. Contributing factors include innovations in functional foods and beverages, the growth of e-commerce, an aging population, the increasing use of adaptogens in beauty and skincare, and greater cultural acceptance. Key trends for the forecast period involve innovations in product formulations, the rise of direct-to-consumer channels, personalized nutrition, ongoing scientific research and clinical studies, and celebrity endorsements.
The rising demand for healthy food and beverages is expected to propel the growth of the adaptogens market. According to the Food & Health survey 2021 by the International Food Information Council, approximately 85% of Americans claimed that the pandemic had caused them to adjust their diet or cooking habits in some way, and additionally, 60% of Americans simply try to eat healthily. Thus, the rising demand for healthy food and beverages will drive the growth of the adaptogens market. The adaptogens market is anticipated to reach $1.5 billion in 2023, with a projected growth to $2.1 billion in 2024. By 2028, the market is expected to expand to $3.6 billion.
Get A Free Sample On The Adaptogens Global Market Report 2024 Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6703&type=smp
What Are The Key Trends That Influence Adaptogens Global Market Report 2024 Market Share Analysis?
The adaptogen drink is a key trend gaining popularity in the adaptogens market. Adaptogen drinks are beverages made with adaptogens, which are all-natural botanical ingredients with healing properties. These ingredients counteract the effects of stress, anxiety, and fatigue and promote healing. Adaptogen drinks are made with whole fruit juices, organic adaptogens, and aromatherapeutic superfoods. This new trend offers benefits such as instant energy boosting, a quick replacement for tea and coffee, a soothing nighttime drink, and other health advantages. Key companies are developing and offering adaptogen drinks to attract health-conscious customers, increase business, and gain a competitive edge. For instance, Rebbl, a US-based beverage company, offers adaptogen beverages in indulgent flavors, combining adaptogens like ashwagandha, super herbs, low sugar content, organic coconut sugar, and stevia extract without gums, thickeners, or artificial flavors. These beverages target health-conscious consumers and promote physiological stability and homeostasis.
Which Market Players Are Driving Growth In The Adaptogens Global Market Report 2024 Market?
Major companies operating in the market are Real Mushrooms LLC, Nature’s Way Products Inc., Swanson Health Products Inc., NOW Foods, Thorne Research Inc., Jarrow Formulas Inc., Organifi Inc., Douglas Laboratories Inc., Nutra Industries Inc, Organic India Pvt. Ltd., Gaia Herbs Inc., Pure Encapsulations Inc., Solaray Inc., PLT Health Solutions Inc, REBBL Inc, Aloha Medicinals Inc., Nootropics Depot LLC, Organixx LLC, Four Sigmatic Ltd., Vital Nutrients Inc., Mushroom Mountain LLC, Xian Yuensun Biological Technology Co. Ltd, Omica Organics Inc., MUD WTR Inc., Planetary Herbals Inc., Kaged Muscle LLC, Mycology Labs Inc., Herb Pharm LLC, Sun Potion LLC, Host Defense Mushrooms Inc.
How Is The Global Adaptogens Global Market Report 2024 Market Segmented?
The adaptogens market covered in this report is segmented –
1) By Nature: Organic, Synthetic
2) By Source: Ashwagandha, Ginseng, Astragalus, Holi Basil, Rhodiola Rosea, Schisandra, Adaptogenic mushrooms, Other Sources
3) By Distribution Channel: Online, Offline
4) By Application: Food And Beverages, Dietary And Sports Supplements, Pharmaceutical, Cosmetics, Animal Feed
Read The Full Adaptogens Global Market Report 2024 Market Report Here
https://www.thebusinessresearchcompany.com/report/adaptogens-global-market-report
The Adaptogens Global Market Report 2024 Global Market Report 2024 provides an overview of the adaptogens global market report 2024market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The adaptogens global market report 2024 market forecast analyzes adaptogens global market report 2024 market size, adaptogens global market report 2024 market share, leading competitor and their market positions.
The Table Of Content For The Adaptogens Global Market Report 2024 Market Include
1. Adaptogens Global Market Report 2024 Market Executive Summary
2. Adaptogens Global Market Report 2024 Market Segments
3. Adaptogens Global Market Report 2024 Market Size And Template Market Growth Rate
4. Key Adaptogens Global Market Report 2024 Market Trends
5. Major Adaptogens Global Market Report 2024 Market Drivers
……
25. Key Mergers And Acquisitions In The Adaptogens Global Market Report 2024 Market
26. Top Adaptogens Global Market Report 2024 Companies
27. Adaptogens Global Market Report 2024 Market Opportunities And Strategies
28. Adaptogens Global Market Report 2024 Market, Conclusions And Recommendations
29. Appendix
Learn More About The Business Research Company
The Business Research Company has published over 15000+ reports in 27 industries, spanning 60+ geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model