Overview and Scope
Amla extract refers to extracts from Indian gooseberry (Phyllanthus emblica). Amla extract is a high medicinal ayurvedic plant that contains anti-inflammatory properties and can be used in herbs and botanicals and is used by the cosmetic, pharmaceutical, and wellness industries.
Sizing and Forecast
The amla extract market size has grown steadily in recent years. It will grow from $41.28 billion in 2023 to $43.28 billion in 2024 at a compound annual growth rate (CAGR) of 4.8%. The growth in the historic period can be attributed to traditional ayurvedic medicine,nutraceutical and dietary supplements, cosmetics and personal care, pharmaceutical applications, traditional and cultural use.
The amla extract market size is expected to see strong growth in the next few years. It will grow to $53.87 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to growing health awareness, anti-aging and beauty products, functional foods, research and development, global market expansion. Major trends in the forecast period include functional foods and beverages, beauty and skincare products, ayurvedic and herbal supplements, customized nutraceuticals, organic and non-gmo products.
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Segmentation & Regional Insights
The amla extract market covered in this report is segmented –
1) By Type: Powder, Pulp
2) By Application: Food And Beverages, Pharmaceuticals, Personal Care And Cosmetics, Nutraceuticals
3) By End Use: Diabetes, Radiation Protection, Skin And Collagen, Heartbeat
Asia-Pacific was the largest region in the amla extract market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the amla extract market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
Amla extract market growth is being driven by rising health awareness. Amla extracts are better known for their medicinal values, and they are also used in various forms and have thus become an important ingredient in herbal medicines and Ayurvedic. Amla improves immunity, fights infections, aids weight management, relieves pain, and others. For instance, according to the Australian Bureau of Statistics, the independent statutory agency of the Australian Government, in comparison to 2020–21, more people used health services in 2021–2022. People visited a GP (general practitioner) (83.6% versus 82.4%), visited a dentist (49.4% as opposed to 47.9%), visited a doctor (38.9% as opposed to 37.4%), and visited an emergency department (ED) at a hospital (14.8% as opposed to 13.4%).Thus, rising health awareness is driving the amla extract market.
Key Industry Players
Major companies operating in the amla extract market include Paradise Herbs & Essentials Inc., Ambe Phytoextracts Pvt. Ltd., Ri-Sun Bio-Tech Inc., Sydler Group Pvt. Ltd., Biomax Ltd., Taiyo International Ltd., Innophos Holdings Ltd., Patanjali Ayurveda Ltd., Jiva Botanicals LLC, Herbeno Herbals Pvt. Ltd., NutraGenesis Pvt. Ltd., Xcul Amla Oil, Jaison Pvt. Ltd., Neelamari Herbs OPS Pvt. Ltd., Dabur India Ltd., Organic India Pvt. Ltd., NutraGenesis LLC, Natreon Inc., Avestia Pharma Pvt. Ltd., Skan Ayurceuticals Pvt. Ltd., Rusmolco LLC, Ambe NS Agro Products Pvt. Ltd., Aloecorp Inc., NOW Health Group Inc., Indigo Herbs Ltd., Arjuna Natural Extracts Ltd., Archerchem Pvt. Ltd., Sabinsa Corporation, Arjuna Natural Pvt Ltd., Bhagat Aromatics Limited, Aristo Pharmaceuticals Pvt. Ltd.
The amla extract market report table of contents includes:
1. Executive Summary
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List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Amla Extract Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Amla Extract Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Amla Extract Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 74: Paradise Herbs & Essentials Inc. Financial Performance
Table 75: Ambe Phytoextracts Pvt. Ltd. Financial Performance
Table 76: Ri-Sun Bio-Tech Inc. Financial Performance
Table 77: Sydler Group Pvt. Ltd. Financial Performance
Table 78: Biomax Ltd. Financial Performance
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