Adaptogen Market
Global Adaptogen Market Size, Share & Trends Analysis Report by Nature (Natural and Synthetic), By Source (Ashwagandha, Ginseng, Astragalus, Turmeric and Others(Cordyceps & Holy Basil), and By Application (Food and Beverages, Pharmaceuticals, Neutraceuticals, Cosmetics & Personal Care and Animal Feed) Forecast 2022-2028 Update Available - Forecast 2024-2030
The global adaptogen market is anticipated to grow at a considerable CAGR of 8.8% during the forecast period. The factor which can be seen as a driving pull to the growing demand foradaptogen market is growing awareness of consumers towards more healthy clean food. Consumers are nowadays getting more attracted towards organic and pure consumables. Health benefits are the primary reason that adaptogens are used in food and beverages industry. Adaptogens are used in the personal care and cosmetics sector as a mixture of personal care products which is helps in reversing the biological aging process. They help in releasing stress and maintaining a healthy lifestyle. Adaptogens are considered helpful in increasing immunity and they are rich in anti-oxidants. For instance, in Feb 2021, the market saw a great rise in the sales of Ashwagandha which helps in maintaining stress disorders, a chronic sleep disorder that has significantly increased after the Coronavirus outbreak. This study was published in American Botanical Council’s Journal Herbalgram.
Impact of COVID-19 Pandemic on Global Adaptogen Market
Covid-19 Pandemic has affected every sector of the world in some way. However, there has been a rise in demand for natural, immunity booster food and beverages. Corona Virus has affected people who were weak with their immunity, and this poses a high demand for adaptogen-rich consumables. Adaptogen products help in increasing immunity and anti-oxidants are resistant to seasonal diseases. People were affected by sleep disorders during the pandemic. Adaptogens help in maintaining the sleep cycle.
Segmental Outlook
The global adaptogen market is segmented based on nature, source, and application. Based on nature, the market is segmented into natural and synthetic. Based on the source, the market is sub-segmented into ashwagandha, ginseng, astragalus, turmeric, and others (cordyceps and holy basil). Based on application the market is sub-segmented into food and beverages, pharmaceuticals, nutraceuticals, cosmetics & personal care, and animal feed. Among the above-mentioned segments, the cosmetics &personal care segment is going to see considerable growth as adaptogens are used with personal care products widely which help in reversing the aging process. This benefit of adaptogens will make them in demand in the future as with changing times, people are cautious about their personality and appearance.
Global Adaptogen Market Share by Source, 2021 (%)
Ashwagandha is Anticipated to Hold a Prominent Share in the Global Adaptogen Market
Ashwagandha is anticipated to hold a prominent market share in the global adaptogen market during the forecast period as it is widely used by pharmaceutical companies as an immunity booster. Consumers are finding alternatives to protein by going with adaptogen-rich products. Ashwagandha help in reducing blood sugar levels reduces stress and anxiety, helps in gaining strength for athletic sports. It also helps in maintaining mental body conditions with people who are going through a lot of stress and an imbalance in work life. Ashwagandha helps in reducing weight, dealing with hypertension, nourishing the skin, and maintaining body PH. It helps the human body to tackle hormonal imbalance. For instance, in Dec 2021, Glanbia Nutritional’s said it will use microencapsulation to boost effect of Ashwagandha in making health supplements and nutritional products.
Regional Outlooks
The global adaptogen market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). North America is anticipated to lead the adaptogen market during the forecast period. Growth factors are growing health consciousness among people and opting healthy drinks, food instead of alcohol. There is ample demand of energy food and drinks.
Global Adaptogen Market Growth, by Region 2022-2028
North America is Estimated to Hold the Major Share in the Global Adaptogen Market
Geographically, it is anticipated that the major share of the market will be taken by North America and this region will lead during the forecast period. A major factor for the regional growth attributed to the increasing mortalities in most parts of the US and a major reason for this is stress. Stress is the major cause for many other problems such as anxiety, high blood pressure, cardiac diseases, diabetes, and many other health disorders. Unhealthy lifestyle, junk food has made people suffer a lot along with increased obesity. Obesity is likely to cause many health issues among children and young population. For instance, in Dec 2021, one of the beverage and food giants PepsiCo and mondelez launched drinking water ranges and nut butter which have adaptogen-rich ingredients in them. These will provide healthy options that will rejuvenate the body and skin.
Market Players Outlook
The major companies serving the global adaptogen market include Amax Nutrasource Inc., Changsha Organic Herb Inc., MB-Holding Gmbw & Co. KG, Nutracap Labs, Nutra Industirs Inc., and others. The market players are working in a consistent way to provide their consumers with healthy and clean food and medicines. And for this they are adopting different market strategies such as mergers and acquisitions, new product launches, business expansion, partnership collaboration and others. For instance, in May 2021, Eat beyond has made a venture with Daydream Drinks, which is based in Canada and is an adaptogen-infused sparkling water brand.
The Report Covers
- Market value data analysis of 2022 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Adaptogen market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on The Global Adaptogens Market
• Recovery Scenario of Global Adaptogens Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Amax NutraSource Inc.
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Changsha Organic Herb Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. MB-Holding GmbH & Co. KG
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. NutraCap Labs
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Nutra Industries Inc.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Key Strategy Analysis
3.7. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Adaptogens Market by Nature
4.1.1. Natural
4.1.2. Synthetic
4.2. Global Adaptogens Market by Source
4.2.1. Ashwagandha
4.2.2. Ginseng
4.2.3. Astragalus
4.2.4. Turmeric
4.2.5. Others (Cordyceps and Holy Basil)
4.3. Global Adaptogens Market by Application
4.3.1. Food and Beverages
4.3.2. Pharmaceuticals
4.3.3. Nutraceuticals
4.3.4. Cosmetics and Personal Care
4.3.5. Animal Feed
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Dabur India Ltd.
6.2. Emami Ltd.
6.3. Himalaya Drug Company
6.4. Herbal Hills
6.5. Kairali Ayurvedic Products Pvt.Ltd.
6.6. Maharishi Ayurveda
6.7. Organic India, Inc.
6.8. PLT Healthsolutions, Inc.
6.9. Patanjali Ayurveda
6.10. Planet Ayurveda
6.11. REBBL
6.12. Sun Pharmaceutical Industries Ltd.
6.13. Shri Baidyanath Ayurved Bhawan Pvt.Ltd.
6.14. Xi’an Greena Biotech Co.Ltd.
6.15. Xian Yuensun Biological Technology Co.Ltd
1. GLOBAL ADAPTOGENS MARKET RESEARCH AND ANALYSIS BY NATURE, 2021-2028 ($ MILLION)
2. GLOBAL NATURAL ADAPTOGENS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL SYNTHETIC ADAPTOGENS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL ADAPTOGENS MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
5. GLOBAL ASHWAGANDHA AS AN ADAPTOGEN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL GINSENG AS AN ADAPTOGEN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL ASTRAGALUS AS AN ADAPTOGEN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL TURMERIC AS AN ADAPTOGEN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL OTHER(CORDYCEPS AND HOLY BASIL) ADAPTOGEN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL ADAPTOGEN MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
11. GLOBAL ADAPTOGEN IN FOOD AND BEVERAGES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL ADAPTOGEN IN PHARMACEUTICALS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL ADAPTOGEN IN NUTRACEUTICALS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL ADAPTOGEN IN COSMETICS AND PERSONAL CARE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL ADAPTOGEN IN ANIMAL FEED MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL ADAPTOGEN MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
17. NORTH AMERICAN ADAPTOGEN MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
18. NORTH AMERICAN ADAPTOGEN MARKET RESEARCH AND ANALYSIS BY NATURE, 2021-2028 ($ MILLION)
19. NORTH AMERICAN ADAPTOGEN MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
20. NORTH AMERICAN ADAPTOGEN MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
21. EUROPEAN ADAPTOGEN MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
22. EUROPEAN ADAPTOGEN MARKET RESEARCH AND ANALYSIS BY NATURE, 2021-2028 ($ MILLION)
23. EUROPEAN ADAPTOGEN MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
24. EUROPEAN ADAPTOGEN MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
25. ASIA-PACIFIC ADAPTOGEN MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
26. ASIA-PACIFIC ADAPTOGEN MARKET RESEARCH AND ANALYSIS NATURE, 2021-2028 ($ MILLION)
27. ASIA-PACIFIC ADAPTOGEN MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
28. ASIA-PACIFIC ADAPTOGEN MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
29. REST OF THE WORLD ADAPTOGEN MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
30. REST OF THE WORLD ADAPTOGEN MARKET RESEARCH AND ANALYSIS BY NATURE, 2021-2028 ($ MILLION)
31. REST OF THE WORLD ADAPTOGEN MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
32. REST OF THE WORLD ADAPTOGEN MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL ADAPTOGEN MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL ADAPTOGEN MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL ADAPTOGEN MARKET, 2021-2027 (%)
4. GLOBAL ADAPTOGEN MARKET SHARE BY NATURE, 2022 VS 2028 (%)
5. GLOBAL NATURAL ADAPTOGEN MARKET SHARE BY GEOGRAPHY, 2022 VS 2028 (%)
6. GLOBAL SYNTHETIC ADAPTOGEN MARKET SHARE BY GEOGRAPHY, 2022 VS 2028 (%)
7. GLOBAL ADAPTOGEN MARKET SHARE BY SOURCE, 2022 VS 2028 (%)
8. GLOBAL ASHWAGANDHA MARKET SHARE BY GEOGRAPHY, 2022 VS 2028 (%)
9. GLOBAL GINSENG MARKET SHARE BY GEOGRAPHY, 2022 VS 2028 (%)
10. GLOBAL ASTRAGALUS MARKET SHARE BY GEOGRAPHY, 2022 VS 2028 (%)
11. GLOBAL TURMERIC MARKET SHARE BY GEOGRAPHY, 2022 VS 2028 (%)
12. GLOBAL OTHER (CORDYCEPS AND HOLY BASIL) MARKET SHARE BY GEOGRAPHY, 2022 VS 2028 (%)
13. GLOBAL ADAPTOGEN MARKET SHARE BY APPLICATION, 2022 VS 2028 (%)
14. GLOBAL ADAPTOGEN IN FOOD AND BEVERAGES MARKET SHARE BY GEOGRAPHY, 2022 VS 2028 (%)
15. GLOBAL ADAPTOGEN INPHARMACEUTICALS MARKET SHARE BY GEOGRAPHY, 2022 VS 2028 (%)
16. GLOBAL ADAPTOGEN INNEUTRACEUTICALS MARKET SHARE BY GEOGRAPHY, 2022 VS 2028 (%)
17. GLOBAL ADAPTOGEN INCOSMETICS AND PERSONAL CARE MARKET SHARE BY GEOGRAPHY, 2022 VS 2028 (%)
18. GLOBAL ADAPTOGEN INANIMAL FEED MARKET SHARE BY GEOGRAPHY, 2022 VS 2028 (%)
19. GLOBAL ADAPTOGEN MARKET SHARE BY GEOGRAPHY, 2022 VS 2028 (%)
20. US ADAPTOGEN MARKET SIZE, 2021-2028 ($ MILLION)
21. CANADA ADAPTOGEN MARKET SIZE, 2021-2028 ($ MILLION)
22. UK ADAPTOGEN MARKET SIZE, 2021-2028 ($ MILLION)
23. FRANCE ADAPTOGEN MARKET SIZE, 2021-2028 ($ MILLION)
24. GERMANY ADAPTOGEN MARKET SIZE, 2021-2028 ($ MILLION)
25. ITALY ADAPTOGEN MARKET SIZE, 2021-2028 ($ MILLION)
26. SPAIN ADAPTOGEN MARKET SIZE, 2021-2028 ($ MILLION)
27. REST OF EUROPE ADAPTOGEN MARKET SIZE, 2021-2028 ($ MILLION)
28. INDIA ADAPTOGEN MARKET SIZE, 2021-2028 ($ MILLION)
29. CHINA ADAPTOGEN MARKET SIZE, 2021-2028 ($ MILLION)
30. JAPAN ADAPTOGEN MARKET SIZE, 2021-2028 ($ MILLION)
31. SOUTH KOREA ADAPTOGEN MARKET SIZE, 2021-2028 ($ MILLION)
32. REST OF ASIA-PACIFIC ADAPTOGEN MARKET SIZE, 2021-2028 ($ MILLION)
33. REST OF THE WORLD ADAPTOGEN MARKET SIZE, 2021-2028 ($ MILLION)
