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Psyllium Husk Powder Market Trends

  • Report ID: GMI9016
  • Published Date: Apr 2024
  • Report Format: PDF

Psyllium Husk Powder Market Trends

The market for psyllium husk powder has grown steadily in recent years, mostly due to rising consumer knowledge of the advantages that dietary fiber offers. Psyllium husk powder has been increasingly popular due to growing worries about digestive health and the prevalence of diseases like constipation and irritable bowel syndrome (IBS). There has also been a growing need for natural and effective alternatives.

In addition, the market has profited from the wider movement of consumers to adopt better lifestyles and actively seek out products that enhance their general well-being. The expansion of the psyllium husk powder market has also been facilitated by its adaptability, since it can be effortlessly mixed with a wide range of food and drink items.

The market is confronted with obstacles, nevertheless, including rivalry from substitute fiber sources and worries about allergies and product quality. Businesses in the psyllium husk powder industry must concentrate on innovation, product differentiation, and strict quality control procedures in order to seize possibilities and overcome obstacles. In addition, targeted marketing campaigns highlighting the special health advantages and practicality of psyllium husk powder can support market expansion in the face of shifting consumer tastes and rivalry.

Authors: Kiran Pulidindi , Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of psyllium husk powder reached USD 283 million in 2023 and is set to witness 5.5% CAGR from 2024-2032, owing to its popularity in a variety of businesses due to its remarkable nutritional and therapeutic qualities worldwide.

The conventional segment recorded USD 185.4 million in 2023, due to being produced on a larger scale due to economies of scale and streamlined manufacturing techniques.

North America market was valued at USD 89.7 million in 2023, attributed to a sizable consumer base and growing knowledge of the health advantages of psyllium husk powder in the region.

Konsyl pharmaceuticals, Now food, Organic india, Patanjali ayurved limited, Raj ganga agro pvt ltd, Satnam psyllium industries, Shree mahalaxmi psyllium pvt ltd, Urvesh psyllium industries limited, and Yerba prime, are some of the major psyllium husk powder companies worldwide.

Psyllium Husk Powder Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 255
  • Countries covered: 21
  • Pages: 300
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