The global market for Brahmi is estimated at US$174.6 Million in 2023 and is projected to reach US$280.1 Million by 2030, growing at a CAGR of 7.0% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the Brahmi market is driven by several factors. Firstly, the rising awareness and acceptance of Ayurvedic and herbal medicine worldwide have significantly boosted the demand for Brahmi as a natural cognitive enhancer. Secondly, the increasing prevalence of cognitive disorders, such as Alzheimer`s disease and other forms of dementia, has led to a greater interest in preventive measures and treatments, including the use of Brahmi supplements. Additionally, advancements in extraction and formulation technologies have improved the efficacy and accessibility of Brahmi products. The expansion of e-commerce platforms has also facilitated the global distribution and availability of Brahmi supplements, making it easier for consumers to access these products. Moreover, strategic marketing efforts highlighting the scientific validation of Brahmi`s benefits have attracted a broader consumer base, including those who may have been skeptical of herbal supplements. Finally, the growing trend of mental wellness and self-care has further driven the market, as individuals increasingly seek natural ways to enhance their cognitive health and overall well-being.
The growth in the Brahmi market is driven by several factors. Firstly, the rising awareness and acceptance of Ayurvedic and herbal medicine worldwide have significantly boosted the demand for Brahmi as a natural cognitive enhancer. Secondly, the increasing prevalence of cognitive disorders, such as Alzheimer`s disease and other forms of dementia, has led to a greater interest in preventive measures and treatments, including the use of Brahmi supplements. Additionally, advancements in extraction and formulation technologies have improved the efficacy and accessibility of Brahmi products. The expansion of e-commerce platforms has also facilitated the global distribution and availability of Brahmi supplements, making it easier for consumers to access these products. Moreover, strategic marketing efforts highlighting the scientific validation of Brahmi`s benefits have attracted a broader consumer base, including those who may have been skeptical of herbal supplements. Finally, the growing trend of mental wellness and self-care has further driven the market, as individuals increasingly seek natural ways to enhance their cognitive health and overall well-being.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Powders Form Brahmi segment, which is expected to reach US$124.0 Million by 2030 with a CAGR of a 7.7%. The Capsules & Tablets Form Brahmi segment is also set to grow at 6.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $47.6 Million in 2023, and China, forecasted to grow at an impressive 11.2% CAGR to reach $61.8 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Brahmi Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Brahmi Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Brahmi Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Ayurvedant Pvt Ltd, Dabur India Limited, Herbal Creations, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 36 Featured):
- Ayurvedant Pvt Ltd
- Dabur India Limited
- Herbal Creations
- Himalaya Wellness Company
- Morpheme Remedies
- Natures velvet Life Care
- Organic India Pvt Ltd
- Patanjali Ayurved Limited
- Riaan Wellness Pvt. Ltd. (Vansaar)
- Sabinsa Corp.
- Shanti Natural Extracts
- Shree Baidyanath Ayurved Bhawan Pvt,Ltd
- Shriji Herbal Products
- Vadik Herbs
- VedaOils USA
- Vrikshaveda;
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Ayurvedant Pvt Ltd
- Dabur India Limited
- Herbal Creations
- Himalaya Wellness Company
- Morpheme Remedies
- Natures velvet Life Care
- Organic India Pvt Ltd
- Patanjali Ayurved Limited
- Riaan Wellness Pvt. Ltd. (Vansaar)
- Sabinsa Corp.
- Shanti Natural Extracts
- Shree Baidyanath Ayurved Bhawan Pvt,Ltd
- Shriji Herbal Products
- Vadik Herbs
- VedaOils USA
- Vrikshaveda;
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 378 |
Published | December 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 174.6 Million |
Forecasted Market Value ( USD | $ 280.1 Million |
Compound Annual Growth Rate | 7.0% |
Regions Covered | Global |
No. of Companies Mentioned | 16 |