Amla Extract Market Size Worth $49.34 Billion By 2025 | CAGR: 4.9%

The global amla extract market size is expected to reach USD 49.34 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.9% from 2019 to 2025. Rising health consciousness coupled with growing demand for antioxidant rich products is expected to fuel the growth.

Rising awareness regarding numerous benefits of amla extract to improve body composition, weight loss, metabolism, immune and digestive system, and liver and heart health is anticipated to drive the product demand. The extract is a rich source of antioxidants and is effective for reducing the risk of heart diseases, high blood cholesterol level, signs of aging, cell damage, and inflammation. These advantages are anticipated to fuel the product demand in near future.

Potential demand for dietary supplements and functional foods is expected to drive the demand for amla extract powder and pulp, which in turn is projected to contribute to the market growth. Significant rise in application of the product in pharmaceutical industry is expected to drive the market in the forthcoming years.

Amla extract in the form of pulp is estimated to register the fastest CAGR of 5.2% over the forecast period. Major application of the pulp in the beverage and pharmaceutical industries is anticipated drive the growth of the segment. New product launches by major manufacturers are anticipated to bode well for the market growth. For instance, Neelamari Herbs recently launched Pure Amla Pulp Powder for hair and skin care.

Nutraceutical application segment is expected to expand at the fastest CAGR of 5.7% over the forecast period. Rising demand for dietary supplements with amla extract is anticipated to drive the segment growth. Various manufacturers have launched amla extract dietary supplements in the form of tablets, capsules, and powders to cater to the rising demand. For instance, Orgasia Biotech provides amla extract capsules to aid weight loss.

Asia Pacific generated a revenue of USD 10.58 billion in 2018 and is expected to continue holding the largest market share over the forecast period. Rising health consciousness and demand for vitamins, proteins, and other nutrients is projected to fuel the market growth. Companies engage in product development and new product launches to attain greater market share. For instance, Dabur recently launched Amla Plus under its brand Real Wellnezz. The product contains 100 percent amla juice content with no added colors, preservatives, and flavors.

Key players operating in the market are Biomax, Taiyo International, Arjuna Natural Extracts Ltd., Patanjali Ayurveda, Archerchem, Bhumi Amla, Sydler Group, Ri-Sun Bio Tech, Ambe Phyoextracts Pvt. Ltd., and Herbeno Herbals Pvt. Ltd.

 To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/amla-extract-market

Further key findings from the report suggest:

• Amla extract powder held the dominant market share of 63.89% in 2018 and is expected to expand at a CAGR of 4.7% from 2019 to 2025

• Asia Pacific led the amla extract market in 2018 with value of USD 10.58 billion and is anticipated to continue holding the largest market share over the forecast period

• Europe is anticipated to register the fastest CAGR during the forecast period owing to rising regional demand on account of increasing consumer awareness and changing lifestyle

• The market is highly competitive in nature with the presence of main players including Arjuna Natural Extracts Ltd., Patanjali Ayurveda, Archerchem, Bhumi Amla, Sydler Group, and others

• The manufacturers concentrate on new product launches and capacity expansions, to estimate existing and future demand patterns

Grand View Research has segmented the global amla extract market on the basis of type, application, and region:

Amla Extract Type Outlook (Revenue, USD Million, 2015 - 2025)

• Powder

• Pulp

Amla Extract Application Outlook (Revenue, USD Million, 2015 - 2025)

• Food & Beverages

• Pharmaceuticals

• Personal Care & Cosmetics

• Nutraceuticals

Amla Extract Regional Outlook (Revenue, USD billion, 2015 - 2025)

• North America

  • U.S.

• Europe

  • U.K.

  • Germany

• Asia Pacific

  • India

  • Japan

• Central & South America

  • Brazil

• Middle East & Africa

  • UAE