Amla Extract Market

Amla Extract Market Outlook from 2024 to 2034

The global amla extract industry value reached USD 43.7 billion in 2023. Over the forecast period, the value is anticipated to rise at 5.7% CAGR. The sector is predicted to increase from USD 46.5 billion in 2024 to USD 81 billion in 2034.

Growth in the amla extract sector is expected as there has been a rise in demand for antioxidant-rich products, and consumers are becoming more health conscious. The extracts have several health benefits such as helping in weight loss, improving metabolism and the immune system, they also have been found to improve liver health while reducing the chances of heart diseases and high cholesterol.

There has been a rise in the use of amla in personal care, cosmetics, and pharmaceuticals this is also a cause for increased growth. As e-commerce becomes a dominant force, companies are investing in robust strategies to inflate reach and enhance the overall customer experience.

The extracts are a rich source of vitamin C and carotene, making these useful for treating skin and hair problems, cancer prevention, stress management, and mental health. Companies nowadays are focusing more on sustainability and ethical sourcing to ensure that the company supports eco-friendly cultivation methods, fair trade practices, and transparent supply chains.

Clean label production, openness about sourcing methods, and conveyance of actual product benefits are attracting more health-conscious consumers also to boost consumer trust and confidence in their new products businesses should invest in regulatory compliance and quality.

Attributes	Description
Estimated Global Amla Extract Market Size (2024E)	USD 46.5 billion
Projected Global Amla Extract Market Value (2034F)	USD 81 billion
Value-based CAGR (2024 to 2034)	5.7%

Key Industry Highlights

Natural and organic products have seen a surge in demand with amla extract as their main ingredient. Consumers from various Industries like pharmaceuticals, cosmetics, and food supplements are being attracted to extract because of amla’s health benefits and antioxidant properties.

Consumers favoring natural ingredients are increasing the demand for amla-based products in cosmetics and personal care. Amla being rich in antioxidants and vitamin C is also used in functional foods and beverages.

Research and development initiatives in amla extract’s sector has increased product innovations and consumers’ confidence in amla extract’s effectiveness.

Amla extract a natural ingredient rooted in Ayurveda has less awareness among regions where Ayurveda is not very well-known, educational and marketing efforts are being made to increase awareness and growth among such regions.

The availability of amla extracts is affected by several factors such as supply chain disruption, crop disease, climate issues, and most important one being seasonal fluctuations in amla fruit production and supply these factors pose challenges for manufacturers and retailers limiting potential growth.

2019 to 2023 Global Amla Extract Sales Analysis Compared to Demand Forecast for 2024 to 2034

The growth of sector from 2019 to 2023 was at a CAGR of 7.4% reaching to USD 43.7 billion by 2023. Awareness of health benefits of natural and herbal products, amla extract particularly has increased the demand of these products.

For centuries amla has been an important ingredient in traditional medicines and Ayurveda and hence is in high demand as a natural remedy in the regions where Ayurveda is prevalent.

Skincare and hair care products have seen a rise in demand for natural products. This trend can also be seen in functional foods and dietary supplements with amla being a popular choice. Research and development into amla extracts have further opened potential applications and newer health benefits of amla, which has led to product innovation and fueled consumer interest.

Development in extraction technology has improved the quality and efficiency of making amla-based products more easily available to consumers.

Country-wise Insights

The United States is expected to be the top player in North America, having a CAGR of 5.9% during the forecasted period. In the East Asian market, Japan is anticipated to observe a CAGR of 7.3% by 2034. And in the European market UK is projected to witness a rise at 6.9% CAGR by 2034.

Countries	CAGR 2024 to 2034
United States	5.9%
United Kingdom	6.9%
China	6.5%
Japan	7.3%
South Korea	8%

Increasing Demand for Ayurveda and Herbal Products to Propel Demand in the United States

During the forecast period, United States is expected to observe a rise at a CAGR of 5.9%. There has been an increase in consumers who are looking out for natural remedies and supplements which contain antioxidants and have high vitamin C.

Rise in interest for Ayurveda is also causing an increase in demand for herbal products, amla being the key ingredient in Ayurveda has increased acceptance from consumers from United States who are seeking alternatives for the conventional pharmaceutical products.

Booming Food and Beverages Industry to Uplift the United Kingdom

By 2034, the United Kingdom is projected to rise at a CAGR of 6.9%. The country’s dietary supplement sector is growing, with amla extracts being used in these supplements for immune support, skin health, and wellness.

There has been a rise in use of amla in functional foods and beverages like juice, tea, and energy bars for consumers that are health conscious. Amla extract has also seen an increase in inculcation into products of cosmetics and personal care due to its nourishing and revitalizing properties.

Surging Focus on Marketing Campaigns to Create Opportunities for Companies in China

China is anticipated to reach USD 12.8 billion by 2034. Over the forecast period, demand in the country is set to increase at a steady CAGR of 6.5%.

The increase in e-commerce has made amla extract-based products more easily available to consumers, even reaching various retail stores which are surging the growth. Promotional Campaigns are also being done by companies highlighting the benefits of amla including antioxidant properties, immunity-boosting effects, and benefits in skincare and haircare.

Category-wise Insights

The section below analyzes the leading segments of the sector. In terms of form, the powder segment accounted for a share of 38% in 2023. Based on nature, the organic segment held a share of 64% in 2023.

Growing Use in Food and Beverages to Push Sales of Powdered Extracts

Segment	Powder (Form)
Value Share (2023)	38%

Over the forecast period, demand for powder form is forecast to rise at a CAGR of 5.5%. The segment is projected to experience rapid growth due to high convenience, cost-effectiveness, and increased shelf life of amla extracts in powder form. This form is set to be used in the food and beverage sector as well as in household recipes like smoothies and shakes.

Powdered amla is further gaining high popularity in the pharmaceuticals sector as the form does not change the taste and texture of the original fruit, making the product more appropriate for consumers. This trend is contributing to the rising demand for powdered amla extracts in the market.

Consumers to Look for Organic Extracts with Rising Health Consciousness

Segment	Organic (Nature)
Value Share (2023)	64%

There is a rise in searches by consumers seeking products that are free from any chemicals, pesticides, and additives this is where the growing preference for organic amla extracts comes into play. This ingredient being natural and sustainable goes along with the eco-friendly agriculture principles and environment protection.

The reason why organic products are highly sought after is because they are perceived as healthier and nutritious compared to conventional products, this makes organic amla extracts highly sought after and beneficial for health.

The product’s claim for being organic is confirmed by the organic certifications as the products must follow the government guidelines. The rise in a number of health conscious consumers is also driving the growth of the segment.

Competition Outlook

The market is intensely competitive with all the companies trying to capitalize on the rising demand for natural and functional ingredients in the food, beverages, pharmaceutical, and cosmetics industries. The main focus of companies is on new product launches, partnerships, and acquisitions to expand their portfolio and reach out to new consumer segments.

Research and development in extraction process of amla is also fuelling growth. The report has listed some key amla extract manufacturers and retailers which includes Dabur India Ltd., Organic India Pvt. Ltd., NutraGenesis LLC, and Natreon Inc. The primary focus for leading companies is to opt for environment friendly practices, certifications for products, and fulfil the growing demand for natural ingredients.

Industry Updates

• In 2023, Ranavat, headquartered in India, introduced Regenerative Veda Bond Complex Shampoo and Conditioner, a haircare product containing amla extract, ashwagandha, and sunflower seed oil.
• In 2023, Patanjali, an India-based company, introduced Divya WeightGo, an ayurvedic weight loss medication containing amla and ashwagandha extracts, which can be used during exercise to reduce weight.
• In 2023, Colgate-Palmolive, headquartered in the United States, launched a new toothpaste called 'Colgate for Diabetics', containing a clinically proven formula with madhunashini, neem, jamun seed extract, and amla.

Leading Amla Extract Brands

• Dabur India Ltd.
• Organic India Pvt. Ltd.
• NutraGenesis LLC
• Natreon Inc.
• Avestia Pharma
• Ambe Phytoextracts Pvt. Ltd.
• Herbeno Herbals Pvt. Ltd.
• Ayurceutics
• Rusmolco
• Indigo Herbs Ltd.
• Aloecorp Inc.

Key Segments of Market Report

By Form:

As per form, the sector has been categorized into powder, liquid, capsules, tablets, and others.

By Nature:

In terms of nature, the sector is divided into organic and inorganic.

By Function:

The industry is segregated into antioxidant, digestive health, skin care, immune support, cardiovascular health, weight management, hair care, and others.

By End-use:

A few of the leading end-uses include food and beverage, pharmaceuticals, cosmetic and personal care, dietary supplements, and others.

By Distribution Channel:

A few of the important distribution channels include online retail, supermarkets and hypermarkets, specialty stores, pharmacies and drugstores, and others.

By Region:

Industry analysis has been carried out in key countries of North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and the Middle East and Africa.

Frequently Asked Questions

What is the future of amla extracts?

The sector is set to witness a CAGR of 5.7% by 2034.

What was the worth of the market from 2019 to 2023?

The sector witnessed a CAGR of 7.4% from 2019 to 2023.

How big is the amla extract industry?

In 2034, the sector is anticipated to reach USD 81 billion.

Who are the leading manufacturers?

NutraGenesis LLC, Natreon Inc., and Avestia Pharma.

Is there a market for amla extracts?

The sector is set to reach USD 46.5 billion by 2024.

Which form would lead the industry?

The powder segment is estimated to hold a significant share in 2024.