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Adaptogens Market Size

  • Report ID: GMI5189
  • Published Date: Dec 2022
  • Report Format: PDF

Adaptogens Market Size

Adaptogens Market size was valued at over USD 10 billion in 2022 and is projected to depict a CAGR of more than 6.5% through the forecast years 2023-2032. Rising health consciousness will propel the demand for natural dietary supplements in Asia Pacific adaptogens industry.

 

The health and dietary supplements industry has recorded considerable expansion through the past three years of COVID -19, as people are making efforts for maintaining good health. These efforts include increasing physical fitness activities, inclusion of healthy diets, and consuming health supplements. With health and wellness being a key priority for consumers, adaptogen sales will continue to escalate in the forecast period.

 

Swanson Health Products, for example, offers dietary supplements integrated with adaptogenic extracts like ashwagandha, ginseng, reishi mushroom, rhodiola rosea, schizandra, under the brand name Adaptogenic Herbal Complex, as a response to daily stress along with supporting functioning of nervous and immune system.

 

Stringent regulations regarding the use of adaptogens may hinder industry expansion

The addition of adaptogens to daily life products is fairly recent, and thus its uses and benefits are not very popular in the market. Ongoing extensive research is bringing out more product advantages, but the regulations around apoptogenic use in products are not imposed in high scale yet. Thus, less awareness regarding the benefits and application of the product may make people skeptical about their usage, thereby hindering the business demand.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for adaptogens was valued at more than USD 10 billion in 2022 and is projected to depict a CAGR of more than 6.5% through the forecast years 2023-2032, owing to the rising need for immunity boosting supplements post the COVID-19 pandemic.

Owing to product benefits such as increasing immunity, lowered blood pressure, curing anxiety, and stress, it is expected that the global adaptogens industry share from ashwagandha will depict a CAGR of over 6.5% up to 2032.

Asia Pacific adaptogens industry size is anticipated to depict a CAGR of more than 6.5% through 2032, powered by steady growth in the pharmaceutical sector of the region.

REBBL, Organic India, Nutra Science Labs, Nutracap Labs, Organika Health Products Inc, PLT Health Solutions, Xi’an Greena Biotech Co. Ltd., Organic Herb Inc, Xian Yuensun Biological Technology Co. Ltd., and UNO VETCHEM form the competitive landscape of the global adaptogens industry.

Adaptogens Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 323
  • Countries covered: 20
  • Pages: 270
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