India Shilajit Market Size & Outlook, 2025-2030
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India shilajit market highlights
- The India shilajit market generated a revenue of USD 18.7 million in 2024 and is expected to reach USD 36.3 million by 2030.
- The India market is expected to grow at a CAGR of 11.7% from 2025 to 2030.
- In terms of segment, liquid was the largest revenue generating form in 2024.
- Capsules/Tablets is the most lucrative form segment registering the fastest growth during the forecast period.
Shilajit market data book summary
| Market revenue in 2024 | USD 18.7 million |
| Market revenue in 2030 | USD 36.3 million |
| Growth rate | 11.7% (CAGR from 2025 to 2030) |
| Largest segment | Liquid |
| Fastest growing segment | Capsules/Tablets |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Liquid, Powder, Capsules/Tablets |
| Key market players worldwide | Undersun Fitness, Visterra, Botanic Healthcare, Alpspure Lifesciences, Shaanxi Xingmao Industry Co., Cymbiotika LLC |
Other key industry trends
- In terms of revenue, India accounted for 9.8% of the global shilajit market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China shilajit market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 36.3 million by 2030.
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Shilajit Market Scope
Shilajit Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Undersun Biomedtech | View profile | 501-1000 | Chino, California, United States, North America | https://underherb.com |
| Cymbiotika LLC | View profile | 101-250 | San Diego, California, United States, North America | http://Cymbiotika.com |
| Alpspure Lifesciences | View profile | 11-50 | New Delhi, Delhi, India, Asia | https://www.alpspure.in |
| Botanic Healthcare | View profile | 101-250 | Hyderabad, Andhra Pradesh, India, Asia | https://www.botanichealthcare.net |
| Visterra | View profile | 51-100 | Cambridge, Massachusetts, United States, North America | http://www.visterrainc.com |
| Shaanxi Xingmao Industry Co. | View profile | 51-100 | Yanta, Shaanxi, China, Asia | http://www.xingmaosurgical.com |
India shilajit market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to shilajit market will help companies and investors design strategic landscapes.
Liquid was the largest segment with a revenue share of 67.91% in 2024. Horizon Databook has segmented the India shilajit market based on liquid, powder, capsules/tablets covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of country-level data and insights on the India shilajit market , including forecasts for subscribers. This country databook contains high-level insights into India shilajit market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India shilajit market size, by form, 2018-2030 (US$M)
India Shilajit Market Outlook Share, 2024 & 2030 (US$M)
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