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Global Amla Extract Market 2021: By Type (Powder, Pulp), By Application (Food & Beverages, Pharmaceuticals, Personal Care & Cosmetics, Nutraceuticals)Global Amla Extract Market report produced by Trusted Business Insights is segmented on the basis of type, application, and region. Numerous primary and secondary research has been invested to ensure key factors and the impact these factors have on various aspects and scenarios in the target market. Research conclusions and findings were verified by industry experts before presenting it in the report. The Global Amla Extract market size was valued at USD $26.16 Billion in 2020, USD $27.16 Billion in 2021, forecasted to reach USD $28.19 Billion in 2022, and is projected to reach USD $37.99 Billion by 2030, and is anticipated to expand at a CAGR of 3.8% over the forecast period from 2020 to 2030.
OverviewThe scientific name of amla is Phyllanthus Emblica, which is also known in other names such as emblic, myrobalan, emblic myrobalan, malacca tree, and Indian gooseberry. The tree comes from the family of Phyllanthaceae. Amla has edible fruit, which is known by the same name. Regular intake of amla has got many health benefits such as making skin healthy and glowing and improves eyesight. In addition, daily intake of amla regulates blood sugar and lipids and boosts immune system. It can be eaten as pickles, murabba, and candies but taking it daily brings many health benefits. Amla extracts are known for anti-inflammatory properties. It reduces acid levels in stomach and fights inflammation. Important benefit of amla is that it is considered as the best food for anti-aging. The rich source of vitamin C in amla helps to boost immunity and prevents bacterial and viral ailments, such as cough and cold. Even, the polyphenols content in amla is known for fighting development of cancer cells. Thus, amla extract is considered highly medicinal.
DynamicsMajor factors driving growth in demand for amla extract are increasing demand for products with content of antioxidant and increasing health consciousness among consumers. These factors are expected to drive demand for amla extract in the global amla extract market over the forecast period. In addition, growing awareness about several benefits of amla extract, such as improving body composition, metabolism, weight loss, immune and digestive system, heart and liver health, are projected to increase demand for amla extract in the global amla extract market over the forecast period. As the extract is rich with antioxidants and is very effective for reducing heart-related diseases, the demand for the product is projected to increase. In addition, amla extract is good for reducing high blood cholesterol levels, cell damage, inflammation, and signs of aging. These advantages of the product on body are expected to further drive demand for amla extract in the global amla extract market. Another factor driving growth of the amla extract market is its increasing usage in food and beverage, pharmaceuticals, personal care products and cosmetics, and nutraceutical industries. In addition, potential demand for functional foods and dietary supplements is projected to further drive demand for the product. Moreover, increasing demand for amla extract-based items such as candies, pickles, juices, shampoos, capsules, conditioners, and hair oils is expected to fuel growth of the market globally. Use of amla extract in treatments of bronchitis, urinary disorders, asthma, insomnia, hemorrhage, anemia, dyspepsia, and others is projected to drive demand for the product.
Global Amla Extract Market Segment Analysis:By Type: Among the type segments, the powder segment accounts for highest revenue share as compared to the other segment, pulp. This can be attributed to its benefits including increasing immunity power and reducing the risk of various cardiovascular diseases. By Application: The food and beverage segment among the application segments is expected to dominate the market in terms of revenue share in the global amla extracts market, and the dominance is projected to continue over the forecast period. This growth of the segment can be attributed to increasing innovations to cater to the changing requirements of consumers.
Below are the leading companies profiled in this Amla Extract Market Report:
Chapter 1 Methodology and Scope