Global ashwagandha market is growing with the CAGR of 11.4% in the forecast period of 2022 to 2029 and expected to reach USD 102.72 million by 2029.
Global Ashwagandha Market Scope and Market Size:
On the basis of type, the global ashwagandha market is segmented into KSM-66, sensoril, hydro-alcoholic ashwagandha, and crude ashwagandha.
On the basis of product, the global ashwagandha market is segmented into ashwagandha root product, ashwagandha leaf products and ashwagandha leaf and root mix product.
On the basis of withanolides content, the global ashwagandha market is segmented into 1% withanolides, 2% withanolides, 2.5% withanolides, 5% withanolides, 10% withanolides and others.
Global Ashwagandha Market Analysis and Insights:
Global ashwagandha market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with the CAGR of 11.4% in the forecast period of 2022 to 2029 and expected to reach USD 102.72 million by 2029. The demand for the ashwagandha are high hence revenue generation is also high which is helping the market to grow in the region.
Ashwagandha is a natural herb, which is used for treating variety of health conditions. It is commonly known as Withania Somnifera, also recognized as Indian ginseng, poison gooseberry, and winter cherry has been used from ancient times in many cultures for its health benefits such as indian ayurvedic system uses withania somnifera as medicine Rasayana (tonic), particularly since a nerve tonic. Ashwagandha is considered an effective ingredient for maintaining the vitality and rejuvenation and boosting general health.
Ashwagandha Market Country Level Analysis:
The regions covered in the ashwagandha market report are North America, Europe, Asia-Pacific, South America, and Middle East and Africa. Further, by countries, ashwagandha market covers U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Norway, Switzerland, Netherlands, Belgium, Russia, Turkey, Rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, UAE, Saudi Arabia, Kuwait, and Rest of Middle East and Africa.
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Competitive Landscape and Ashwagandha Market Share Analysis:
Ashwagandha market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve.
Key Players Ashwagandha Market:
Bioprex Labs
Medikonda Nutrients
Greenjeeva,
Aunutra Industries Inc.
Sabinsa,
Carrubba INC.
Creative Enzymes
Major TOC of the Report:
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insight
Chapter Six: COVID-19 Impact on Aswagandha Market
Get TOC here: https://www.databridgemarketresearch.com/toc/?dbmr=global-ashwagandha-market
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