Amla Extract Global Market Report 2024

Amla extract is derived from the Indian gooseberry (Phyllanthus emblica), known for its medicinal properties. This extract is utilized in various industries, including cosmetics, pharmaceuticals, and wellness, due to its anti-inflammatory benefits.

Amla extract comes in different forms, such as powder and pulp. Amla powder is created by grinding the leaves of the amla tree, finding applications in Ayurvedic medicine and cosmetic products. This extract is used in diverse sectors, including food and beverages, pharmaceuticals, personal care and cosmetics, and nutraceuticals. Its applications span areas such as diabetes management, radiation protection, skin health, collagen production, and heart health.

The amla extract market research report is one of a series of new reports that provides amla extract market statistics, including amla extract industry global market size, regional shares, competitors with market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the amla extract industry. This market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

The amla extract market size has grown steadily in recent years. It will grow from $41.28 billion in 2023 to $43.28 billion in 2024 at a compound annual growth rate (CAGR) of 4.8%. The historical growth of amla extract can be attributed to its utilization in traditional Ayurvedic medicine, dietary supplements, nutraceuticals, cosmetics, and pharmaceutical applications. Its popularity has also been influenced by traditional and cultural practices.

The amla extract market size is expected to see strong growth in the next few years. It will grow to $53.87 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%. The forecasted growth of amla extract is driven by increasing health awareness, demand for anti-aging and beauty products, the popularity of functional foods, ongoing research and development, and the expansion of the global market. Additionally, major trends in the forecast period include the prominence of functional foods and beverages, beauty and skincare products, the use of ayurvedic and herbal supplements, the rise of customized nutraceuticals, and the demand for organic and non-GMO products.

The growth of the amla extract market is being fueled by the increasing health consciousness among individuals. Amla extracts, renowned for their medicinal attributes, have become significant elements in herbal remedies and Ayurvedic practices, contributing to a broader acceptance as essential ingredients in health supplements. Amla, with its immunity-boosting, infection-fighting, weight management, and pain-relieving properties, has garnered attention for its holistic health benefits. Notably, statistics from the Australian Bureau of Statistics indicate a rise in health service usage in 2021-2022 compared to the previous year, with more visits to general practitioners, dentists, doctors, and emergency departments. This escalating health awareness serves as a driving force behind the expansion of the amla extract market.

The growth of the amla extraction market is anticipated to be further propelled by the increasing demand for dietary supplements. These supplements, comprising amla extracts, offer a convenient means of accessing the antioxidant-rich and vitamin C-packed properties of amla, supporting immune health and overall well-being. As evidenced in the CRN Consumer Survey on Dietary Supplements conducted by the Council for Responsible Nutrition, the usage of dietary supplements among Americans has been on a steady rise, with a significant increase reported in 2021. This escalating demand for dietary supplements notably contributes to the flourishing amla extraction market.

A prevalent trend in the amla extract market is the widespread popularity of amla caplets. Companies within this market sector are placing their focus on manufacturing amla caplets to gain a larger market share. These caplets, compressed mixtures presented in a capsule-like shape, are produced in cGMP facilities, devoid of magnesium stearate, animal gelatin-based capsules, or artificial tableting glue. For instance, the Indian pharmaceutical company Himalaya introduced the Amla 60 Caplets, representing the incorporation of this trend within the amla extract market.

Prominent companies within the amla extract market are directing their efforts towards developing innovative products, with a focus on offerings such as Amla berry extract. Recognized as an antioxidant powerhouse and notably rich in vitamin C, Amla extract holds the potential to brighten the skin and aid in the reduction of hyperpigmentation. Its incorporation into skincare products, including serums, anti-aging formulations, and herbal masks, serves to enhance the appeal and effectiveness of these products. A notable example of this innovation is the launch of Amla Berry extract in July 2022 by Native Extracts, an Australian botanical extract manufacturer. This extract is a part of their 'I-Beauty' range, thoughtfully curated to provide natural and sustainable ingredients for the beauty industry, tapping into the health benefits and rejuvenating properties associated with Amla Berry.

In July 2021, Indian consumer goods company Marico Limited took a strategic step by acquiring Apco Naturals, further expanding its product portfolio. This acquisition not only grants Marico access to a comprehensive range of ayurvedic and organic skin and hair care products but also strengthens its foothold in the Ayurveda-led beauty categories. Apco Naturals, an India-based herbal product manufacturer, served as a strategic addition to Marico Limited's business.

Major companies operating in the amla extract market include Paradise Herbs & Essentials Inc., Ambe Phytoextracts Pvt. Ltd., Ri-Sun Bio-Tech Inc., Sydler Group Pvt. Ltd., Biomax Ltd., Taiyo International Ltd., Innophos Holdings Ltd., Patanjali Ayurveda Ltd., Jiva Botanicals LLC, Herbeno Herbals Pvt. Ltd., NutraGenesis Pvt. Ltd., Xcul Amla Oil, Jaison Pvt. Ltd., Neelamari Herbs OPS Pvt. Ltd., Dabur India Ltd., Organic India Pvt. Ltd., NutraGenesis LLC, Natreon Inc., Avestia Pharma Pvt. Ltd., Skan Ayurceuticals Pvt. Ltd., Rusmolco LLC, Ambe NS Agro Products Pvt. Ltd., Aloecorp Inc., NOW Health Group Inc., Indigo Herbs Ltd., Arjuna Natural Extracts Ltd., Archerchem Pvt. Ltd., Sabinsa Corporation, Arjuna Natural Pvt Ltd., Bhagat Aromatics Limited, Aristo Pharmaceuticals Pvt. Ltd.

Asia-Pacific was the largest region in the amla extract market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the amla extract market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the amla extract market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The amla extract market consists of sales of amla powders, amla pulp, oils, capsules, and other amla extracts. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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