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Amla Extracts Market size
Amla Extracts Market size was valued at USD 41.3 billion in 2022 and is estimated to expand at a CAGR of 5.4% between 2023 and 2032. Amla has been used for centuries in Ayurvedic medicine for its potential immune-boosting, digestive, and rejuvenating properties. The popularity of Ayurvedic practices has brought amla extracts into the spotlight. Consumers are gravitating towards natural and plant-based products, and amla extracts align well with this trend as they are derived from a natural source.
Amla extracts are rich in vitamin C, antioxidants, and phytochemicals, making them appealing to health-conscious consumers seeking natural sources of nutrients and potential health benefits.
Report Attributes | Details |
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Base Year: | 2022 |
Market Size in 2022: | USD 41.3 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 5.4% |
2032 Value Projection: | USD 70.1 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 250 |
Tables, Charts & Figures: | 301 |
Segments covered: | Form, Nature, Function, End-use, Distribution Channel, Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Ensuring consistent quality and standardized content of active compounds, such as vitamin C and antioxidants, can be challenging due to natural variations in amla fruits. Sourcing a reliable and consistent supply of high-quality amla fruits can be difficult, leading to fluctuations in raw material availability and pricing. As demand for amla extracts grows, there's a risk of overharvesting and unsustainable practices, which can have negative ecological and social impacts. Thus, the risks associated with Amla extracts may drive down the acceptance rate, further hampering the amla extracts market growth.
COVID-19 Impact
Social distancing measures and workforce disruptions have impacted production capacities and operational efficiency, affecting the timely processing and extraction of amla extracts. Thus, the reduced number of COVID-19 cases and implementation of subsequent strategies by government and non-government organizations is set to drive the market revenue.
Amla Extracts Market Trends
Consumers are increasingly seeking natural and plant-based solutions for health and wellness. Amla extracts align with this trend as they are derived from a natural source and offer potential health benefits. The COVID-19 pandemic has heightened consumer interest in products that support immune health. Amla extracts, rich in vitamin C and antioxidants, are being recognized for their potential immune-boosting properties.
Amla Extracts Market Analysis
The amla extracts market from powder form segment dominated around USD 12.6 billion revenue in 2022. Amla extract powder is commonly used in dietary supplements due to its convenience and potential health benefits, driving demand among health-conscious consumers.
Organic segment accounted for 60% of the amla extracts market share in 2022. Organic amla extracts resonate with consumers seeking products with clean labels and minimal processing, aligning with transparency and authenticity.
The amla extracts market from antioxidant segment is anticipated to grow at 5.2% CAGR through 2032. Consumers are increasingly seeking products with antioxidant properties to support overall well-being and protect against oxidative stress.
Based on end-use, the Food & Beverages segment will gain remarkable momentum during the forecast timeline. Amla extracts are incorporated into snacks to enhance their nutritional content, appealing to health-conscious snackers.
Based on distribution channel, the Online Retail segment is expected to show tremendous growth till 2032. Online retail offers the convenience of shopping from home, making it an attractive option for consumers seeking a hassle-free shopping experience.
U.S. amla extracts market size held over USD 8.9 billion in 2022. North American consumers are increasingly focused on health and wellness, seeking natural products like amla extracts to support their well-being.
Amla Extracts Market Share
Some of the major companies operating in the amla extracts market are :
- Dabur India Ltd.
- Organic India Pvt. Ltd.
- NutraGenesis LLC
- Natreon Inc.
- Avestia Pharma
- Ambe Phytoextracts Pvt. Ltd.
- Herbeno Herbals Pvt. Ltd.
- Ayurceutics
- Rusmolco
- Ambe NS Agro Products Pvt. Ltd.
- Aloecorp Inc.
- NOW Health Group, Inc.
- Indigo Herbs Ltd.
- Vitane Pharmaceuticals Inc.
- Surya Herbal Ltd.
These companies focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
Amla Extracts Industry News:
- In May 2022, Arjuna Natural, a natural extract manufacturer unveiled their fast-acting pain reliever for post-workout aches. The product name, Rhuleave-K gives fast acute musculoskeletal pain relief across the body.
This amla extracts market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Billion & Units from 2018 to 2032, for the following segments:
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Market, By Form
- Powder
- Liquid
- Capsules
- Tablets
- Others
Market, By Nature
- Organic
- Inorganic
Market, By Function
- Antioxidant
- Digestive Health
- Skin Care
- Immune Support
- Cardiovascular Health
- Weight Management
- Hair Care
- Others
Market, By End-use
- Food & Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- Dietary Supplements
- Others
Market, By Distribution Channel
- Online Retail
- Supermarkets & Hypermarkets
- Specialty Stores
- Pharmacies & Drugstores
- Others
The above information has been provided for the following regions and countries:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Indonesia
- Malaysia
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Egypt
Frequently Asked Questions (FAQ) :