Global Amla Extracts Market – Industry Trends and Forecast to 2029

Amla Extracts Market Analysis and Size

In recent years, as more consumers seek safe and effective products, there has been a rapid shift away from synthetic products and to more natural and organic products. Amla extracts are high in antioxidants and flavonoids. They have a wide range of applications in the food, beverage, and cosmetic industries.

Data Bridge Market Research analyses that the amla extracts market which was valued at USD 39.43 billion in 2021 is expected to reach the value of USD 60.74 billion by 2029, at a CAGR of 5.55% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.

Amla Extracts Market Scope and Segmentation

Market Definition

Amla, also known as Indian Gooseberry, is an important therapeutic plant in Ayurveda and is botanically known as Phyllanthus Emilia. Amla extract has antioxidant, immunomodulatory, and anti-aging properties, which increase its use in the pharmaceutical and personal care industries.

Amla Extracts Market Dynamics

Drivers

• The increase application of amla extracts in the dietary supplements industries

Amla extract is commonly used in the production of dietary supplements. Dietary supplements containing amla extracts help with blood sugar regulation, blood pressure regulation, weight management, disease prevention, and exercise recovery. It comes in capsules, liquids, and powder form. Consumption of dietary supplements has increased in recent years, and the market is expected to grow at an exponential rate in the near future. Rising healthcare costs and a subsequent emphasis on preventive medicine are driving growth in the global dietary supplement market. Consumers' health consciousness is growing worldwide, impacting the sales of dietary supplements as healthy alternatives to conventional medication.

• Shift in the lifestyle as well as growing demand from the personal care industry

An increasing working population, rising demand for ready-to-use products, and expanding retail markets are some of the factors expected to drive global market growth during the forecast period. The rising popularity of amla as a natural ingredient in personal care products is expected to fuel growth in the global amla capsule market. Rising disposable income levels, rising food and beverage expenditure, and rising consumer awareness of healthy lifestyles are also expected to drive amla extracts market growth.

Opportunity

Growing global demand for organic products is expected to create a lucrative opportunity for market participants in the coming years. Because amla's functional properties are in high demand, manufacturers in the global amla market are constantly introducing new and innovative products. In order to broaden their product portfolio and increase overall sales, they are also introducing ready-to-consume variants. They are also investing in innovative marketing strategies and celebrity endorsements, which are expected to drive market growth in the coming years.

Restraints

One of the major constraints is the current scarcity of raw materials needed to manufacture amla extract-containing products. Another significant constraint is that the prices of these raw materials can vary dramatically over a week or even on a single day. Because of this unpredictability, food and beverage companies may find it difficult to plan overall production for a given period.

This amla extracts market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the amla extracts market contact Data Bridge Market Research for an Analyst Brief, our amla will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Amla Extracts Market

Sales of amla extract products increased significantly as a result of the covid-19 pandemic. Demand for amla extract products increased as the pandemic tested people's immune systems, as amla has been shown to improve the immune system. The products stored in inventories were quickly sold as people began stockpiling products, even though the production volume after that was significantly reduced due to a reduced workforce and the closure of most manufacturing plants indefinitely. Sales of amla extract products increased significantly in countries affected by the pandemic, such as India and the United States.

Global Amla Extracts Market Scope

The amla extracts market is segmented on the basis of type, application and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Powder
• Pulp

Application

• Diabetes
• Skin and Collagen
• Heart Health
• Blood Vessel Health
• Others

End user

• Food & Beverages
• Pharmaceuticals
• Nutraceutical
• Personal Care & Cosmetics
• Others

Amla Extracts Market Regional Analysis/Insights

The amla extracts market is analysed and market size insights and trends are provided by country, type, application and end user as referenced above.

The countries covered in the amla extracts market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominating amla extract market. This region's growth is attributed to the increasing adoption of various amla-based products in countries such as Japan and India. Furthermore, rising consumer awareness of the benefits of amla-based extracts is fuelling market growth.

Europe is likely to be the fastest-growing region during the forecast period. Regional growth is driven by rising amla product awareness and rising demand for cosmetic industry. Furthermore, European consumer spending on protein supplements has increased significantly, positively driving market growth.

Market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Amla Extracts Market Share Analysis

The amla extracts market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to amla extracts market.

Some of the major players operating in the amla extracts market are:

• Givaudan (Switzerland)
• Sensient Technologies Corporation (U.S.)
• Symrise (Germany)
• Kangcare (China)
• P.T. INDESSO AROMA (Indonesia)
• P.T. Haldin Pacific Semesta. (U.S.)
• VidyaHerbs (India)
• Tokiwa Phytochemical Co. Ltd. (Japan)
• NATIVE EXTRACTS Pty Ltd. (Australia)
• Shaanxi Jiahe Phytochem Co., Ltd. (China)
• Synthite Industries Ltd. (India)
• Döhler, International Flavors & Fragrances, Inc. (Germany)
• Martin Bauer Group (Germany)
• Arjuna Natural Pvt Ltd (India)
• Organic Herb Inc. (China)
• Plant Extracts International Inc (U.S.)

SKU-54120