LONDON, April 28, 2022 (GLOBE NEWSWIRE) — According to The Business Research Company’s research report on the amla extract market, rising health consciousness is driving the amla extract market’s growth. 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. According to the International Food Information Council’s (IFIC) 2020 food and health survey, Americans have a strong interest in becoming more health-conscious, with 43% following a specific diet or eating pattern in 2020, up 38% from 2019. Thus, rising health consciousness is driving the amla extract market.
The global amla extract market share is expected to grow from $37.70 billion in 2021 to $39.20 billion in 2022 at a compound annual growth rate (CAGR) of 3.98%. Global amla extract market growth is mainly due to the companies’ rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $45.87 billion in 2026 at a CAGR of 4.01%.
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Caplets are gaining popularity among amla extract market trends. Companies in the amla extracts market are focusing on producing the amla caplets to expand their market share. A caplet is a compressed mixture of some ingredients, which will be similar to a tablet, but is formed into a capsule shape. Amla caplets are produced in a cGMP facility and contain no magnesium stearate or capsules made of animal gelatin and no artificial tableting glue. For instance, in the year 2020, Indian pharmaceutical company Himalaya launched the Amla 60 Caplets in the Amla extracts market.
Major players in the amla extract market are Paradise Herbs & Essentials, Inc, Bhumi Amla, Ambe Phytoextracts Pvt. Ltd, Ri-Sun Bio-Tech, Sydler Group, Biomax, Taiyo International, Innophos Holdings, Patanjali Ayurveda, Jiva Botanicals LLC, Herbeno Herbals Pvt. Ltd., NutraGenesis, Xcul Amla Oil, Jaison Pvt and Neelamari Herbs
The global amla extract market is segmented by type into powder, pulp; by application into food and beverages, pharmaceuticals, personal care and cosmetics, nutraceuticals; by end-use into diabetes, radiation protection, skin and collagen, heartbeat.
Asia Pacific was the largest region in the amla extract market in 2021. Europe is expected to be the fastest-growing region in the global amla extract market during the forecast period. The regions covered in the global amla market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Amla Extract Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provide amla extract market overviews, amla extract market analyze and forecast market size and growth for the whole market, amla extract market segments and geographies, amla extract market trends, amla extract market drivers, amla extract market restraints, amla extract market leading competitors’ revenues, profiles and market shares in over 1,000 industry reports, covering over 2,500 market segments and 60 geographies.
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