Adaptogen market is anticipated to grow at a considerable CAGR of 8.8% during the forecast period. The factor which can be seen as a driving pull to the growing demand foradaptogen market is growing awareness of consumers towards more healthy clean food. Consumers are nowadays getting more attracted towards organic and pure consumables. Health benefits are the primary reason that adaptogens are used in food and beverages industry. Adaptogens are used in the personal care and cosmetics sector as a mixture of personal care products which is helps in reversing the biological aging process. They help in releasing stress and maintaining a healthy lifestyle. Adaptogens are considered helpful in increasing immunity and they are rich in anti-oxidants. For instance, in Feb 2021, the market saw a great rise in the sales of Ashwagandha which helps in maintaining stress disorders, a chronic sleep disorder that has significantly increased after the Coronavirus outbreak. This study was published in American Botanical Council’s Journal Herbalgram.
The global adaptogen market is segmented based on nature, source, and application. Based on nature, the market is segmented into natural and synthetic. Based on the source, the market is sub-segmented into ashwagandha, ginseng, astragalus, turmeric, and others (cordyceps and holy basil). Based on application the market is sub-segmented into food and beverages, pharmaceuticals, nutraceuticals, cosmetics & personal care, and animal feed. Among the above-mentioned segments, the cosmetics &personal care segment is going to see considerable growth as adaptogens are used with personal care products widely which help in reversing the aging process. This benefit of adaptogens will make them in demand in the future as with changing times, people are cautious about their personality and appearance.
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Adaptogens Market Segmentation
By Nature
- Natural
- Synthetic
By Source
- Ashwagandha
- Ginseng
- Astragalus
- Turmeric
- Others (Cordyceps and Holy Basil)
By Application
- Food and Beverages
- Pharmaceuticals
- Nutraceuticals
- Cosmetics and Personal Care
- Animal Feed
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
Company Profiles
- Dabur India Ltd.
- Emami Ltd.
- Himalaya Drug Company
- Herbal Hills
- Kairali Ayurvedic Products Pvt.Ltd.
- Maharishi Ayurveda
- Organic India, Inc.
- PLT Healthsolutions, Inc.
- Patanjali Ayurveda
- Planet Ayurveda
- REBBL
- Sun Pharmaceutical Industries Ltd.
- Shri Baidyanath Ayurved Bhawan Pvt.Ltd.
- Xi’an Greena Biotech Co.Ltd.
- Xian Yuensun Biological Technology Co.Ltd
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