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North America Ashwagandha Supplements Market Size & Outlook

The ashwagandha supplements market in North America is expected to reach a projected revenue of US$ 433.2 million by 2030. A compound annual growth rate of 8.3% is expected of North America ashwagandha supplements market from 2024 to 2030.

Revenue, 2023 (US$M)
$248.4
Forecast, 2030 (US$M)
$433.2
CAGR, 2024 - 2030
8.3%
Report Coverage
North America

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

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MEA Ashwagandha Supplements Market Outlook

North America ashwagandha supplements market highlights

  • The North America ashwagandha supplements market generated a revenue of USD 248.4 million in 2023.
  • The market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
  • In terms of segment, capsules was the largest revenue generating form in 2023.
  • Capsules is the most lucrative form segment registering the fastest growth during the forecast period.


North America data book summary

Market revenue in 2023USD 248.4 million
Market revenue in 2030USD 433.2 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
Key market players worldwideNOW Foods, Swanson Group, Otsuka Pharmaceutical, Himalaya Wellness, Dabur India


Other key industry trends

  • In terms of revenue, North America region accounted for 37.0% of the global ashwagandha supplements market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 417.1 million by 2030.

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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

Name Profile # Employees HQ Website

North America ashwagandha supplements market

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