The global demand for Adaptogens Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2019 and foreseen to touch XX Kilo Tons by 2026 with a CAGR of XX% during 2020-2026.
Adaptogens are non-toxic plants, herbs, and roots that aid the human body in resisting stress. They can be consumed as supplements or as a part of a meal or tea. The commonly used adaptogens include ashwagandha, holy basil, ginseng, turmeric, and others. In the market there are natural as well as synthetic adaptogens are available. Adaptogens find various end-use applications in pharmaceuticals, nutraceuticals, food & beverages, and animal feed. Adaptogens are rich in anti-oxidants and offer various benefits to the body including the promotion of growth, enhanced immunization, reduction in physical and mental stress, anti-inflammatory effect, delayed aging and improved sleep. Furthermore, adaptogens help in preventing chronic respiratory and heart diseases. They balance the body’s physiological processes and thus ensure the proper functionality of the body organs.
The numerous health benefits offered by adaptogens are the major drivers of the global adaptogen market. The increasing consumer’s awareness of healthy food and beverages, growing dietary supplements and nutraceutical industries are the prime factors that are boosting the global adaptogen market. Growing usage of adaptogens in sports nutrition is further fuelling the global market. During COVID-19 pandemic the global adaptogen market is expected to thrive owing to key properties such as immunity-boosting and stress relaxation.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of adaptogens.
The entire adaptogens market has been sub-categorized into nature, source, end use and sales channel. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By End Use
- Holy Basil
By Sales Channel
- Food & Beverages
- Cosmetics & Personal Care
- Animal Feed
- Convenience Stores
- Specialty Stores
- Health & Wellness Stores
- Online Retailing
This section covers regional segmentation which accentuates on current and future demand for adaptogens market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Adaptogens Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the adaptogens market include REBBL, Nutra Industries Inc., Organic India, Xian Yuensun Biological Technology Co. Ltd., MB-Holding GmbH & Co. KG, PLT Health Solutions, Inc., Xi’an Greena Biotech Co. Ltd., Amax NutraSource, Inc., NutraCap Labs, Changsha Organic Herb Inc. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.