Global Brahmi Extracts Market, By Form (Liquid, Powder), Nature (Organic, Conventional), End User (Food and Beverage Industry, Pharmaceutical Industry, Personal Care Industry), Distribution Channel (Direct, Indirect) Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Brahmi Extracts Market
Brahmi extracts market size is expected to grow at a compound annual rate of 5.8% in the forecast period 2021 to 2028 and is likely to reach USD 1.08 billion by 2028. The rise in the product acceptance and usage is the factor responsible for the growth of brahmi extracts market in the forecast period of 2021 to 2028.
Brahmi also known as the Bacopa Monnieri is an herb mostly used in the ayurveda treatment for asthma and epilepsy. Apart from the treatment of these diseases, brahmi is also broadly established to have magical curing power for many other diseases.
The major growing factor towards brahmi extracts market is the rise in usage as nutritional drink ingredient and as herb in food peroration. Furthermore, the rise in the use as brain health wellness supplement in the pharmaceutical industries is also expected to heighten the overall demand for brahmi extracts market over the forecast period of 2021 to 2028. Moreover, the rise in demand due to the medicinal purpose and rise in the trend of using and herbal medicine are also expected to serve as foremost drivers for the brahmi extracts market at a global level. In addition, the medicines have comparatively low side effects when compared to the conventional medicine which is also one of the compelling factor among consumers to go for herbal remedies rather conventional thus is also lifting the growth of the brahmi extracts market.
However, the various side effects associated with brahmi extracts, low product availability coupled with low consumer awareness and stringent regulation rules can bare the brahmi products are projected to act as a restraint towards the growth of brahmi extracts market, whereas the improper alignment between supply and demand can challenge the growth of the brahmi extracts market.
Moreover, the rise in the consumption, increase in the application in the food and beverage industry and the rise in the trend of herbal remedies among the consumers are expected to further generate new opportunities for the brahmi extracts market in the forecast period of 2021 to 2028.
This brahmi 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 brahmi extracts market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Brahmi Extracts Market Scope and Market Size
Brahmi extracts market is segmented on the basis of form, nature, end user and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- The form segment of the brahmi extracts market has been segmented into liquid and powder.
- Based on nature, the brahmi extracts market has been segmented into organic and conventional.
- On the basis of end user, the brahmi extracts market has been segmented into food and beverage industry, pharmaceutical industry and personal care industry.
- On the basis of distribution channel, the brahmi extracts market has been segmented into direct and indirect. Indirect has further been segmented into supermarket/hypermarket, pharmacy stores, online retail and others.
Brahmi Extracts Market Country Level Analysis
Brahmi extracts market is analyses and market size, volume information is provided by country, form, nature, end user and distribution channel as referenced above.
The countries covered in the brahmi extracts market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific leads the brahmi extracts market due to the rise in the consumption and product availability as brahmi extracts is being used traditionally. North America and Europe is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 due to the rise in the trend of herbal remedies among the consumers.
The country section of the brahmi extracts market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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 Brahmi Extracts Market Share Analysis
Brahmi 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 brahmi extracts market.
The major players covered in the brahmi extracts report are NESSO, Sabinsa, Synthite Industries Ltd., AuNutra Industries Inc., The Himalaya Drug Company, Dabur India Limited, ORGANIC INDIA, ShantiNatural, HERBAL CREATIONS, Thangam Extracts, Kumaon Exports Pvt. Ltd., Greenjeeva, Arjuna Natural Pvt Ltd., All Pure Organics, Aushadhi Herbal, Alpspure Lifesciences Private Limited, Bio Actives Japan Corporation and Patanjali Ayurved among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
SKU-