Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Withania Somnifera Extract Market by Type (Capsule, Liquid), By Application (Health Products, Drug) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Withania Somnifera Extract Market by Type (Capsule, Liquid), By Application (Health Products, Drug) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 224598 4200 Pharma & Healthcare 377 214 Pages 4.8 (32)
                                          

Market Overview:


The global withania somnifera extract market is expected to register a CAGR of 7.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for health supplements and drugs across the globe. Withania somnifera extract is used as an ingredient in various health products and drugs owing to its medicinal properties. The key players in the global withania somnifera extract market are focusing on expanding their product portfolio and strengthening their distribution channels to cater to the growing demand for withania somnifera extract globally. The global withania somnifera extract market can be segmented on the basis of type, application, and region. On the basis of type, the global withania somnifera extract market can be segmented into capsule form and liquid form. Capsule form is expected to account for a larger share of the global withania somnifera Extract Market due to its ease of use and convenience over liquid form.


Global Withania Somnifera Extract Industry Outlook


Product Definition:


Withania Somnifera Extract is a natural supplement that is derived from the Withania somnifera plant. It has been used for centuries in traditional Indian medicine to treat a variety of health conditions. Some of the key benefits associated with Withania Somnifera Extract include improved energy levels, better cognitive function, reduced stress and anxiety, and enhanced overall well-being.


Capsule:


Capsule is a small package containing active ingredients. It plays an important role of protecting the ingredients inside from negative effects of environment and other factors. In addition, it also helps in smooth delivery of the contents to consumer’s body. Withania somnifera extract, commonly known as WS or WSE is widely used for treatment against depression and stress among others due to its ability to boost mood and reduce anxiety levels in consumers having mental fatigue syndrome (MFS).


Liquid:


Liquid is the suspension of active ingredients in a solvent. In this case, it is used for the extraction of Withania somnifera (WSS) extract. The plant has been traditionally used to treat conditions like stress, anxiety and depression as well as anemia. Modern research has also shown that it can help reduce symptoms associated with Parkinson’s disease and Alzheimer’s disease.


Application Insights:


The drug segment dominated the global withania somnifera extract market in 2017, accounting for over 60.0% share of the total revenue. Increasing incidences of sleeplessness and insomnia among adults as well as old-age people are expected to drive demand for medicines containing WSE in near future.


Moreover, increasing awareness about health benefits associated with Withania somnifera is anticipated to fuel product demand in the forthcoming years. For instance, Withanolides exhibit antioxidant activity which helps prevent degenerative diseases including heart disease and cancer by reducing oxidative stress on cells [8]. Thus, regular consumption of WSE extracts protects against neurodegenerative disorders such as Alzheimer¢â‚¬â„¢s disease by enhancing brain function [9]. Such health benefits offered by this herb are likely to increase product demand from pharmaceutical sector over the forecast period.


Regional Analysis:


North America dominated the global market in 2017. The region is expected to witness a rise in demand for natural products owing to growing consumer awareness regarding health and well-being. In addition, increasing R&D activities by major companies is projected to fuel the growth of this regional market over the forecast period.


Asia Pacific withania somnifera extract market is anticipated to grow at a significant rate during the forecast period due to rising disposable income coupled with improving healthcare infrastructure and economic development in emerging countries such as China, India, Malaysia & Vietnam.


Growth Factors:


  • Increasing demand for Withania Somnifera Extract from dietary supplements and nutraceuticals industry.
  • Rising awareness about the health benefits of Withania Somnifera Extract among consumers.
  • Growing popularity of herbal supplements and natural products over conventional medicines.
  • Proliferation of online retail channels that offer a wide range of Withania Somnifera Extract products at competitive prices.

Scope Of The Report

Report Attributes

Report Details

Report Title

Withania Somnifera Extract Market Research Report

By Type

Capsule, Liquid

By Application

Health Products, Drug

By Companies

Life Extension, Taos Herb Company, General Nutrition Centers, Jarrow Formulas, Huge Mountain, Organic India, The Vitamin Shoppe, NOW® Foods, Solgar, Piping Rock, Swanson

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

214

Number of Tables & Figures

150

Customization Available

Yes, the report can be customized as per your need.


Global Withania Somnifera Extract Market Report Segments:

The global Withania Somnifera Extract market is segmented on the basis of:

Types

Capsule, Liquid

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Health Products, Drug

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Life Extension
  2. Taos Herb Company
  3. General Nutrition Centers
  4. Jarrow Formulas
  5. Huge Mountain
  6. Organic India
  7. The Vitamin Shoppe
  8. NOW® Foods
  9. Solgar
  10. Piping Rock
  11. Swanson

Global Withania Somnifera Extract Market Overview


Highlights of The Withania Somnifera Extract Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Capsule
    2. Liquid
  1. By Application:

    1. Health Products
    2. Drug
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Withania Somnifera Extract Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Withania Somnifera Extract Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Withania somnifera extract is a plant-based product that has been traditionally used in India to improve sleep quality. It is also known as ashwagandha, withania, and winter cherry.

Some of the major players in the withania somnifera extract market are Life Extension, Taos Herb Company, General Nutrition Centers, Jarrow Formulas, Huge Mountain, Organic India, The Vitamin Shoppe, NOW® Foods, Solgar, Piping Rock, Swanson.

The withania somnifera extract market is expected to register a CAGR of 7.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Withania Somnifera Extract Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 Withania Somnifera Extract Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Withania Somnifera Extract Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the Withania Somnifera Extract Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global Withania Somnifera Extract Market Size & Forecast, 2018-2028       4.5.1 Withania Somnifera Extract Market Size and Y-o-Y Growth       4.5.2 Withania Somnifera Extract Market Absolute $ Opportunity

Chapter 5 Global Withania Somnifera Extract Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Withania Somnifera Extract Market Size Forecast by Type
      5.2.1 Capsule
      5.2.2 Liquid
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Withania Somnifera Extract Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Withania Somnifera Extract Market Size Forecast by Applications
      6.2.1 Health Products
      6.2.2 Drug
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Withania Somnifera Extract Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Withania Somnifera Extract Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Withania Somnifera Extract Analysis and Forecast
   9.1 Introduction
   9.2 North America Withania Somnifera Extract Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Withania Somnifera Extract Market Size Forecast by Type
      9.6.1 Capsule
      9.6.2 Liquid
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Withania Somnifera Extract Market Size Forecast by Applications
      9.10.1 Health Products
      9.10.2 Drug
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Withania Somnifera Extract Analysis and Forecast
   10.1 Introduction
   10.2 Europe Withania Somnifera Extract Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Withania Somnifera Extract Market Size Forecast by Type
      10.6.1 Capsule
      10.6.2 Liquid
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Withania Somnifera Extract Market Size Forecast by Applications
      10.10.1 Health Products
      10.10.2 Drug
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Withania Somnifera Extract Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Withania Somnifera Extract Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Withania Somnifera Extract Market Size Forecast by Type
      11.6.1 Capsule
      11.6.2 Liquid
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Withania Somnifera Extract Market Size Forecast by Applications
      11.10.1 Health Products
      11.10.2 Drug
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Withania Somnifera Extract Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Withania Somnifera Extract Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Withania Somnifera Extract Market Size Forecast by Type
      12.6.1 Capsule
      12.6.2 Liquid
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Withania Somnifera Extract Market Size Forecast by Applications
      12.10.1 Health Products
      12.10.2 Drug
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Withania Somnifera Extract Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Withania Somnifera Extract Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Withania Somnifera Extract Market Size Forecast by Type
      13.6.1 Capsule
      13.6.2 Liquid
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Withania Somnifera Extract Market Size Forecast by Applications
      13.10.1 Health Products
      13.10.2 Drug
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Withania Somnifera Extract Market: Competitive Dashboard
   14.2 Global Withania Somnifera Extract Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Life Extension
      14.3.2 Taos Herb Company
      14.3.3 General Nutrition Centers
      14.3.4 Jarrow Formulas
      14.3.5 Huge Mountain
      14.3.6 Organic India
      14.3.7 The Vitamin Shoppe
      14.3.8 NOW® Foods
      14.3.9 Solgar
      14.3.10 Piping Rock
      14.3.11 Swanson

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