Global Triphala Extracts Market, By Form (Liquid, Powder, Capsule), Nature (Organic, Conventional), Application (Health Care, Dietary Supplements), Distribution Channel (B2B, B2C), 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 Triphala Extracts Market
Triphala extracts market size is expected to grow at a compound annual rate of 6.1% in the forecast period 2021 to 2028 and is likely to reach USD 1.58 billion by 2028. The rise in the product acceptance and usage is the factor responsible for the growth of triphala extracts market in the forecast period of 2021 to 2028.
Triphala is a type of herbal remedy or a polyherbal medicine, which is a mixture of three dried fruits. Triphala contains the powerful anti-inflammatory compounds which help in protecting against certain cancers and other chronic diseases.
The major growing factor towards triphala extracts market is the vast medical value of triphala. Furthermore, the easy availability of triphala powder as a functional food and dietary supplement in hypermarkets, health food stores and medical stores is also expected to heighten the overall demand for triphala 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 natural dietary supplements are also expected to serve as foremost drivers for the triphala extracts market at a global level. In addition, the rise in the popularity of triphala extracts based product in the developed market is also lifting the growth of the triphala extracts market.
However, the various side effects associated with triphala extracts such as gastrointestinal side effects, counting gas, stomach upset, cramps and diarrhea are projected to act as a restraint towards the growth of triphala extracts market, whereas the shortage of raw material can challenge the growth of the triphala extracts market.
Moreover, the rise in the various applications of the product in the healthcare industry and the high demand of the triphala extracts based products are expected to further generate new opportunities for the triphala extracts market in the forecast period of 2021 to 2028.
This triphala 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 triphala 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 Triphala Extracts Market Scope and Market Size
Triphala extracts market is segmented on the basis of form, nature, application 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 triphala extracts market has been segmented into liquid, powder and capsule.
- Based on nature, the triphala extracts market has been segmented into organic and conventional.
- On the basis of application, the triphala extracts market has been segmented into health care and dietary supplements.
- On the basis of distribution channel, the triphala extracts market has been segmented into B2B and B2C. B2C has further been segmented into store-based retailing and online retailing. Store-based retailing has further been sub-segmented into health food stores, medical stores and hypermarket/supermarket.
Triphala Extracts Market Country Level Analysis
Triphala extracts market is analyses and market size, volume information is provided by country, form, nature, application and distribution channel as referenced above.
The countries covered in the triphala 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 triphala extracts market due to the rise in the demand for triphala powder and easy availability.
The country section of the triphala 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 Triphala Extracts Market Share Analysis
Triphala 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 triphala extracts market.
The major players covered in the triphala extracts report are HERBAL CREATIONS, Arjuna Natural Pvt Ltd., Alpspure Lifesciences Private Limited, Prakruti Products, Herbochem, Sabinsa, UMA HERBAL PRODUCTS, Nisarg Life Sciences Private Limited, Cultivator Natural Products Pvt.Ltd., and GRENERA NUTRIENTS PVT LTD., 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.
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