Global Psyllium Market Size & Outlook, 2023-2030
The psyllium industry worldwide is expected to reach a projected revenue of US$ 660.7 million by 2030. A compound annual growth rate of 9.7% is expected of the worldwide psyllium industry from 2024 to 2030.
Revenue, 2023 (US$M)
$347.8
Forecast, 2030 (US$M)
$660.7
CAGR, 2024 - 2030
9.7%
Report Coverage
Worldwide
Global psyllium market, 2018-2030 (US$M)
Global psyllium market highlights
- The global psyllium market generated a revenue of USD 347.8 million in 2023 and is expected to reach USD 660.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 9.6% by 2030.
- In terms of segment, psyllium seeds accounted for a revenue of USD 347.8 million in 2023.
- Psyllium Seeds is the most lucrative product 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 2023 | USD 347.8 million |
| Market revenue in 2030 | USD 660.7 million |
| Growth rate | 9.6% (CAGR from 2023 to 2030) |
| Largest segment | Psyllium seeds |
| Fastest growing segment | Psyllium Seeds |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Psyllium Seeds |
Other key industry trends
- In terms of revenue, the North America accounted for 40.8% of the global psyllium market in 2023.
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Psyllium Market Scope
Psyllium market segmentation & scope
Countries
U.S.
Canada
Mexico
Germany
France
Italy
Spain
UK
China
India
Japan
South Korea
UAE
Brazil
ANZ
Psyllium Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global psyllium market size, by regions, 2018-2030 (US$M)
Top 10 countries: Psyllium market size, 2023 (US$M)
Global psyllium market share, by product, 2023 & 2030 (%, US$M)
Psyllium market: Opportunity assessment by country
Global psyllium market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 72.8 | 84.5 | 103.5 | 116.6 | 129.7 | 142.0 | 156.1 | 170.7 | 187.4 | 206.6 | 228.8 | 254.3 | 283.8 | 10.5% |
| Europe | 59.4 | 68.5 | 83.3 | 93.2 | 103.0 | 112.0 | 122.4 | 133.0 | 145.1 | 158.9 | 175.0 | 193.3 | 214.4 | 9.8% |
| Asia Pacific | 40.1 | 45.8 | 55.2 | 61.2 | 67.0 | 72.1 | 78.0 | 84.0 | 90.6 | 98.3 | 107.1 | 117.1 | 128.5 | 8.7% |
| Latin America | 5.6 | 6.3 | 7.4 | 8.1 | 8.7 | 9.1 | 9.7 | 10.2 | 10.8 | 11.4 | 12.1 | 12.9 | 13.8 | 6.1% |
| MEA | 7.5 | 8.4 | 10.0 | 11.0 | 11.9 | 12.6 | 13.5 | 14.3 | 15.2 | 16.2 | 17.4 | 18.7 | 20.2 | 7.0% |
| Overall | 185.4 | 213.5 | 259.5 | 289.9 | 320.2 | 347.8 | 379.6 | 412.1 | 449.1 | 491.4 | 540.3 | 596.3 | 660.7 | 9.7% |
Related regional statistics
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