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Global Ashwagandha Supplements Market Size & Outlook

The ashwagandha supplements industry worldwide is expected to reach a projected revenue of US$ 1,168.3 million by 2030. A compound annual growth rate of 8.3% is expected of the worldwide ashwagandha supplements industry from 2024 to 2030.

Revenue, 2023 (US$M)
$670.6
Forecast, 2030 (US$M)
$1,168.3
CAGR, 2024 - 2030
8.3%
Report Coverage
Worldwide

Global ashwagandha supplements market, 2018-2030 (US$M)

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Related Markets

North America Ashwagandha Supplements Market Outlook

Europe Ashwagandha Supplements Market Outlook

Asia Pacific Ashwagandha Supplements Market Outlook

Latin America Ashwagandha Supplements Market Outlook

MEA Ashwagandha Supplements Market Outlook

Global ashwagandha supplements market highlights

  • The global ashwagandha supplements market generated a revenue of USD 670.6 million in 2023 and is expected to reach USD 1,168.3 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 8.3% by 2030.
  • In terms of segment, capsules accounted for a revenue of USD 670.6 million in 2023.
  • Capsules is the most lucrative form segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.


Global data book summary

Market revenue in 2023USD 670.6 million
Market revenue in 2030USD 1,168.3 million
Growth rate8.3% (CAGR from 2023 to 2030)
Largest segmentCapsules
Fastest growing segmentCapsules
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCapsules


Other key industry trends

  • In terms of revenue, the North America accounted for 37.0% of the global ashwagandha supplements market in 2023.

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Ashwagandha Supplements Market Scope

Ashwagandha supplements market segmentation & scope
Form
Capsules
Tablets & Pills
Powder
Liquid
Others
Distribution Channel
Hospital Pharmacy
Retail Pharmacy
Online Pharmacy
Regions
Latin America
Europe
North America
Middle East & Africa
Asia Pacific
Countries
U.S.
Canada
Mexico
Denmark
France
Germany
Italy
Norway
Spain
Sweden
UK
Brazil
Argentina
Australia
China
India
Japan
South Korea
Thailand
UAE
South Africa
Saudi Arabia
Kuwait

Ashwagandha Supplements Market Companies

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Global ashwagandha supplements market size, by regions, 2018-2030 (US$M)

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