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The research time span covered by the report is from 2019 to 2030; it provides an overview of the Global Ashwagandha Market and also provides a deeper in-depth segmentation of the market by regions, product type and downstream industries.
The global Ashwagandha market size in 2023 is 46.8 million US dollars, and it is expected to be 102.7 million US dollars by 2030, with a compound annual growth rate of 11.90% expected in 2024-2030.
MARKET COMPETITIVE LANDSCAPE:
The main players in the Ashwagandha market include KSM66 Ashwagandha (U.S.), Bioprex Labs (India), Medikonda Nutrients (India), Aunutra (U.S.), and Herbochem (India). The share of the top 3 players in the Ashwagandha market is XX%.
REGION SHARE:
The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for XX%, Europe accounted for XX% of Ashwagandha market, and Asia Pacific accounted for XX%.
SEGMENT OVERVIEW:
The report segments the market by Type and Application. KSM-66 accounted for XX% of Ashwagandha market in 2023. Sensoril share of XX%.
1% Withanolides accounted for XX% of the Ashwagandha market in 2023. 2% Withanolides accounts for XX%.
For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.
As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.
Key Factors Considered:
COVID-19
The report describes the market scenario during and post the pandemic in the vision of upstream, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.
Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it's going to evolve in the years to come.
Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.
Chapter Outline
Chapter 1: Introduces the product overview, market scope, study objectives, and industry dynamic analysis, and then includes the global impact of the coronavirus disease (COVID-19).
Chapter 2: Analysis of the competitive environment of Ashwagandha market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the players' M&A and expansion in recent years.
Chapters 3-6: Segmented the global Ashwagandha market by type, application and region. Analyze the revenue of market segments from different perspectives.
Chapter 7: Analyzes the main companies in the Ashwagandha industry, including their main businesses, products/services, sales, revenue, gross margin, and the latest developments.
Chapter 8: Analyzes the Ashwagandha industry chain, including raw material analysis, sales and marketing, distributors and major downstream buyers.
Chapter 9: The main points and conclusions of the report.
Chapter 10: Concludes with an explanation of the data sources and research methods.
Highlights-Regions
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Asia Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Latin America
Brazil
Argentina
Mexico
MEA
Saudi Arabia
UAE
Turkey
Player list
KSM66 Ashwagandha (U.S.)
Bioprex Labs (India)
Medikonda Nutrients (India)
Aunutra (U.S.)
Herbochem (India)
HERBAL CREATIONS (India)
Dabur (India)
Patanjali Ayurved (India)
Carrubba, Inc (U.S.)
Himalaya Global Holdings Ltd (India)
Types list
KSM-66
Sensoril
Hydro-alcoholic Ashwagandha
Crude Ashwagandha
Application list
1% Withanolides
2% Withanolides
2.5% Withanolides
5% Withanolides
10% Withanolides
Table of Content
1 Study Coverage
1.1 Ashwagandha Product Introduction
1.2 Global Ashwagandha Outlook 2019 VS 2024 VS 2030
1.3 United States Ashwagandha Outlook 2019 VS 2024 VS 2030
1.4 Ashwagandha Market Size, United States VS Global, 2019-2030
1.4.1 The Market Share of United States Ashwagandha in Global, 2019-2030
1.4.2 The Growth Rate of Ashwagandha Market Size, United States VS Global, 2019 VS 2024 VS 2030
1.5 Ashwagandha Market Dynamics
1.5.1 Ashwagandha Market Trends
1.5.2 Ashwagandha Market Drivers
1.5.3 Ashwagandha Market Challenges
1.5.4 Ashwagandha Market Restraints
1.6 Study Objectives
1.7 Years Considered
1.8 Coronavirus Disease (COVID-19) Impact on Global
2 Global Ashwagandha Competitor Landscape by Company
2.1 Global Ashwagandha Market Size by Company
2.1.1 Top Global Ashwagandha Player Ranked by Revenue (2024)
2.1.2 Global Ashwagandha Revenue by Player (2019-2024)
2.2 Global Ashwagandha Concentration Ratio (CR)
2.2.1 Ashwagandha Market Concentration Ratio (CR) (2019-2024)
2.2.2 Global Top 3 and Top 6 Largest Players of Ashwagandha in 2024
2.3 Global Ashwagandha Business Distribution, Business Type
2.3.1 Global Ashwagandha Players, Headquarters and Distribution
2.3.2 Players Ashwagandha Business Type
2.3.3 Date of International Players Enter into Ashwagandha Market
2.4 Players Mergers & Acquisitions, Expansion Plans
2.5 United States Ashwagandha Market Size by Company
2.5.1 Top United States Ashwagandha Player s Ranked by Revenue (2024)
2.5.2 United States Ashwagandha Revenue by Player (2019-2024)
3 Ashwagandha Market Segment by Type
3.1 Ashwagandha Market Segment by Type
3.2 Global Ashwagandha Market Size by Type
3.3 United States Ashwagandha Market Size by Type
4 Ashwagandha Market Segment by Application
4.1 Ashwagandha Market Segment by Application
4.2 Global Ashwagandha Market Size by Application
4.3 United States Ashwagandha Market Size by Application
5 Global Ashwagandha Market Size by Region
5.1 Global Ashwagandha Market Size by Region: 2019 VS 2024 VS 2030
5.2 Global Ashwagandha Market Size in Value by Region (2019-2030)
5.2.1 Global Ashwagandha Revenue by Region: 2019-2024
5.2.2 Global Ashwagandha Revenue by Region: 2024-2030
5.3 Global Ashwagandha Market Size in Volume by Region (2019-2030)
5.3.1 Global Ashwagandha Volume by Region: 2019-2024
5.3.2 Global Ashwagandha Volume by Region: 2024-2030
6 Segment in Regional Level & Country Level
6.1 North America
6.1.1 North America Ashwagandha Market Size YoY Growth 2019-2030
6.1.2 North America Ashwagandha Market Facts & Figures by Country (2019-2030)
6.1.3 U.S.
6.1.4 Canada
6.2 Asia Pacific
6.2.1 Asia Pacific Ashwagandha Market Size YoY Growth 2019-2030
6.2.2 Asia Pacific Ashwagandha Market Facts & Figures by Country (2019-2030)
6.2.3 China
6.2.4 Japan
6.2.5 South Korea
6.2.6 India
6.2.7 Australia
6.2.8 Southeast Asia
6.3 Europe
6.3.1 Europe Ashwagandha Market Size YoY Growth 2019-2030
6.3.2 Europe Ashwagandha Market Facts & Figures by Country (2019-2030)
6.3.3 Germany
6.3.4 France
6.3.5 UK
6.3.6 Italy
6.3.7 Russia
6.4 Latin America
6.4.1 Latin America Ashwagandha Market Size YoY Growth 2019-2030
6.4.2 Latin America Ashwagandha Market Facts & Figures by Country (2019-2030)
6.4.3 Mexico
6.4.4 Brazil
6.4.5 Argentina
6.5 Middle East and Africa
6.5.1 Middle East and Africa Ashwagandha Market Size YoY Growth 2019-2030
6.5.2 Middle East and Africa Ashwagandha Market Facts & Figures by Country (2019-2030)
6.5.3 Turkey
6.5.4 Saudi Arabia
6.5.5 UAE
7 Company Profiles
7.1 KSM66 Ashwagandha (U.S.)
7.1.1 KSM66 Ashwagandha (U.S.) Company Details
7.1.2 Description and Business Overview
7.1.3 Ashwagandha Introduction
7.1.4 KSM66 Ashwagandha (U.S.) Ashwagandha Revenue, Sales, and Gross Margin (2019-2024)
7.1.5 KSM66 Ashwagandha (U.S.) Recent Development
7.2 Bioprex Labs (India)
7.2.1 Bioprex Labs (India) Company Details
7.2.2 Description and Business Overview
7.2.3 Ashwagandha Introduction
7.2.4 Bioprex Labs (India) Ashwagandha Revenue, Sales, and Gross Margin (2019-2024)
7.2.5 Bioprex Labs (India) Recent Development
7.3 Medikonda Nutrients (India)
7.3.1 Medikonda Nutrients (India) Company Details
7.3.2 Description and Business Overview
7.3.3 Ashwagandha Introduction
7.3.4 Medikonda Nutrients (India) Ashwagandha Revenue, Sales, and Gross Margin (2019-2024)
7.3.5 Medikonda Nutrients (India) Recent Development
7.4 Aunutra (U.S.)
7.4.1 Aunutra (U.S.) Company Details
7.4.2 Description and Business Overview
7.4.3 Ashwagandha Introduction
7.4.4 Aunutra (U.S.) Ashwagandha Revenue, Sales, and Gross Margin (2019-2024)
7.4.5 Aunutra (U.S.) Recent Development
7.5 Herbochem (India)
7.5.1 Herbochem (India) Company Details
7.5.2 Description and Business Overview
7.5.3 Ashwagandha Introduction
7.5.4 Herbochem (India) Ashwagandha Revenue, Sales, and Gross Margin (2019-2024)
7.5.5 Herbochem (India) Recent Development
7.6 HERBAL CREATIONS (India)
7.6.1 HERBAL CREATIONS (India) Company Details
7.6.2 Description and Business Overview
7.6.3 Ashwagandha Introduction
7.6.4 HERBAL CREATIONS (India) Ashwagandha Revenue, Sales, and Gross Margin (2019-2024)
7.6.5 HERBAL CREATIONS (India) Recent Development
7.7 Dabur (India)
7.7.1 Dabur (India) Company Details
7.7.2 Description and Business Overview
7.7.3 Ashwagandha Introduction
7.7.4 Dabur (India) Ashwagandha Revenue, Sales, and Gross Margin (2019-2024)
7.7.5 Dabur (India) Recent Development
7.8 Patanjali Ayurved (India)
7.8.1 Patanjali Ayurved (India) Company Details
7.8.2 Description and Business Overview
7.8.3 Ashwagandha Introduction
7.8.4 Patanjali Ayurved (India) Ashwagandha Revenue, Sales, and Gross Margin (2019-2024)
7.8.5 Patanjali Ayurved (India) Recent Development
7.9 Carrubba, Inc (U.S.)
7.9.1 Carrubba, Inc (U.S.) Company Details
7.9.2 Description and Business Overview
7.9.3 Ashwagandha Introduction
7.9.4 Carrubba, Inc (U.S.) Ashwagandha Revenue, Sales, and Gross Margin (2019-2024)
7.9.5 Carrubba, Inc (U.S.) Recent Development
7.10 Himalaya Global Holdings Ltd (India)
7.10.1 Himalaya Global Holdings Ltd (India) Company Details
7.10.2 Description and Business Overview
7.10.3 Ashwagandha Introduction
7.10.4 Himalaya Global Holdings Ltd (India) Ashwagandha Revenue, Sales, and Gross Margin (2019-2024)
7.10.5 Himalaya Global Holdings Ltd (India) Recent Development
8 Industry Chain and Sales Channels Analysis
8.1 Ashwagandha Value Chain Analysis
8.2 Ashwagandha Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Distributors List
8.3 Ashwagandha Production Mode & Process
8.4 Ashwagandha Sales and Marketing
8.4.1 Magnetic Coupled Mixers Sales Channels
8.4.2 Magnetic Coupled Mixers Distributors
8.5 Magnetic Coupled Mixers Customers
9 Research Findings and Conclusion
10 Methodology and Data Source
10.1 A Methodology
10.1.1 Research Process
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 B Data Source
10.2.1 Legal Disclaimer
Tables & Figures:
List of Tables and Figures
Figure Ashwagandha Product Picture
Table Global Ashwagandha Revenue, ($), 2019 VS 2024 VS 2030
Figure Global Ashwagandha Market Size 2019-2030 ($)
Table United States Ashwagandha Revenue, ($), 2019 VS 2024 VS 2030
Figure United States Ashwagandha Market Size 2019-2030 ($)
Figure United States Ashwagandha Market Share in Global, in Value 2019-2030
Table Ashwagandha CAGR in Value, United States VS Global, 2019 VS 2024 VS 2030
Table Ashwagandha Market Trends
Table Ashwagandha Market Drivers
Table Ashwagandha Market Challenges
Table Ashwagandha Market Restraints
Figure Ashwagandha Report Years Considered
Figure (COVID-19) Impact on Global Economic Growth 2019, 2020, 2021
Figure Population infected by the Covid-19 of Major Countries
Table Top Ashwagandha Players in Global Market, Ranking by Revenue (2024)
Table Global Ashwagandha Revenue by Player, ($), 2019-2024
Table Global Ashwagandha Revenue Share by Player, 2019-2024
Table Global Ashwagandha Players Market Concentration Ratio (CR5)
Figure The Top 3 and 6 Largest Players of Ashwagandha in the World: Market Share by Ashwagandha Revenue in 2024
Table Top Players of Ashwagandha in Global Market, Headquarters and Distribution
Table Players Ashwagandha Business Type
Table Date of International Players Enter into Ashwagandha Market
Table Players Mergers & Acquisitions, Expansion Plans
Table Top Ashwagandha Players in United States Market, Ranking by Revenue (2024)
Table United States Ashwagandha Revenue by Player, ($), 2019-2024
Table United States Ashwagandha Revenue Share by Player, 2019-2024
Table Global Ashwagandha Revenue by Type: 2024 VS 2030 ($)
Figure Global Ashwagandha Market Share by Type in 2024 & 2030
Figure Global Ashwagandha Revenue by Type (2019-2030) & ($)
Figure Global Ashwagandha Revenue Market Share in Value by Type (2019-2030)
Table United States Ashwagandha Revenue by Type: 2024 VS 2030 ($)
Figure United States Ashwagandha Market Share by Type in 2024 & 2030
Figure United States Ashwagandha Revenue by Type (2019-2030) & ($)
Figure United States Ashwagandha Revenue Market Share in Value by Type (2019-2030)
Table Global Ashwagandha Revenue by Application: 2024 VS 2030 ($)
Figure Global Ashwagandha Market Share by Application in 2024 & 2030
Figure Global Ashwagandha Revenue by Application (2019-2030) & ($)
Figure Global Ashwagandha Revenue Market Share in Value by Application (2019-2030)
Table United States Ashwagandha Revenue by Application: 2024 VS 2030 ($)
Figure United States Ashwagandha Market Share by Application in 2024 & 2030
Figure United States Ashwagandha Revenue by Application (2019-2030) & ($)
Figure United States Ashwagandha Revenue Market Share in Value by Application (2019-2030)
Table Global Ashwagandha Market Size by Region ($): 2019 VS 2024 VS 2030
Figure Global Ashwagandha Market Size Market Share by Region: 2019 VS 2024 VS 2030
Table Global Ashwagandha Revenue by Region (2019-2024) & ($)
Table Global Ashwagandha Revenue Forecast by Region (2024-2030) & ($)
Table Global Ashwagandha Revenue Market Share by Region (2019-2030)
Table Global Ashwagandha Volume by Region (2019-2024) & ($)
Table Global Ashwagandha Volume Forecast by Region (2024-2030) & ($)
Table Global Ashwagandha Volume Market Share by Region (2019-2030)
Figure North America Ashwagandha Revenue Growth Rate 2019-2030
Table North America Ashwagandha Revenue by Country (2019-2030) & ($)
Figure U.S. Ashwagandha Revenue Growth Rate (2019-2030) & ($)
Figure Canada Ashwagandha Revenue Growth Rate (2019-2030) & ($)
Figure Asia Pacific Ashwagandha Revenue Growth Rate 2019-2030 ($)
Table Asia Pacific Ashwagandha Revenue by Country (2019-2030) & ($)
Figure China Ashwagandha Revenue Growth Rate (2019-2030) & ($)
Figure Japan Ashwagandha Revenue Growth Rate (2019-2030) & ($)
Figure South Korea Ashwagandha Revenue Growth Rate (2019-2030) & ($)
Figure India Ashwagandha Revenue Growth Rate (2019-2030) & ($)
Figure Australia Ashwagandha Revenue Growth Rate (2019-2030) & ($)
Figure Southeast Asia Ashwagandha Revenue Growth Rate (2019-2030) & ($)
Figure Europe Ashwagandha Revenue Growth Rate 2019-2030 ($)
Table Europe Ashwagandha Revenue by Country (2019-2030) & ($)
Figure Germany Ashwagandha Revenue Growth Rate (2019-2030) & ($)
Figure France Ashwagandha Revenue Growth Rate (2019-2030) & ($)
Figure UK Ashwagandha Revenue Growth Rate (2019-2030) & ($)
Figure Italy Ashwagandha Revenue Growth Rate (2019-2030) & ($)
Figure Russia Ashwagandha Revenue Growth Rate (2019-2030) & ($)
Figure Latin America Ashwagandha Revenue Growth Rate 2019-2030 ($)
Table Latin America Ashwagandha Revenue by Country (2019-2030) & ($)
Figure Mexico Ashwagandha Revenue Growth Rate (2019-2030) & ($)
Figure Brazil Ashwagandha Revenue Growth Rate (2019-2030) & ($)
Figure Argentina Ashwagandha Revenue Growth Rate (2019-2030) & ($)
Figure Middle East and Africa Ashwagandha Revenue Growth Rate 2019-2030 ($)
Table Middle East and Africa Ashwagandha Revenue by Country (2019-2030) & ($)
Figure Turkey Ashwagandha Revenue Growth Rate (2019-2030) & ($)
Figure Saudi Arabia Ashwagandha Revenue Growth Rate (2019-2030) & ($)
Figure UAE Ashwagandha Revenue Growth Rate (2019-2030) & ($)
Table KSM66 Ashwagandha (U.S.) Company Details
Table Description and Business Overview
Table Ashwagandha Introduction
Table KSM66 Ashwagandha (U.S.) Ashwagandha Revenue, Sales, and Gross Margin (2019-2024) (Million USD)
Table KSM66 Ashwagandha (U.S.) Recent Development
Table Bioprex Labs (India) Company Details
Table Description and Business Overview
Table Ashwagandha Introduction
Table Bioprex Labs (India) Ashwagandha Revenue, Sales, and Gross Margin (2019-2024) (Million USD)
Table Bioprex Labs (India) Recent Development
Table Medikonda Nutrients (India) Company Details
Table Description and Business Overview
Table Ashwagandha Introduction
Table Medikonda Nutrients (India) Ashwagandha Revenue, Sales, and Gross Margin (2019-2024) (Million USD)
Table Medikonda Nutrients (India) Recent Development
Table Aunutra (U.S.) Company Details
Table Description and Business Overview
Table Ashwagandha Introduction
Table Aunutra (U.S.) Ashwagandha Revenue, Sales, and Gross Margin (2019-2024) (Million USD)
Table Aunutra (U.S.) Recent Development
Table Herbochem (India) Company Details
Table Description and Business Overview
Table Ashwagandha Introduction
Table Herbochem (India) Ashwagandha Revenue, Sales, and Gross Margin (2019-2024) (Million USD)
Table Herbochem (India) Recent Development
Table HERBAL CREATIONS (India) Company Details
Table Description and Business Overview
Table Ashwagandha Introduction
Table HERBAL CREATIONS (India) Ashwagandha Revenue, Sales, and Gross Margin (2019-2024) (Million USD)
Table HERBAL CREATIONS (India) Recent Development
Table Dabur (India) Company Details
Table Description and Business Overview
Table Ashwagandha Introduction
Table Dabur (India) Ashwagandha Revenue, Sales, and Gross Margin (2019-2024) (Million USD)
Table Dabur (India) Recent Development
Table Patanjali Ayurved (India) Company Details
Table Description and Business Overview
Table Ashwagandha Introduction
Table Patanjali Ayurved (India) Ashwagandha Revenue, Sales, and Gross Margin (2019-2024) (Million USD)
Table Patanjali Ayurved (India) Recent Development
Table Carrubba, Inc (U.S.) Company Details
Table Description and Business Overview
Table Ashwagandha Introduction
Table Carrubba, Inc (U.S.) Ashwagandha Revenue, Sales, and Gross Margin (2019-2024) (Million USD)
Table Carrubba, Inc (U.S.) Recent Development
Table Himalaya Global Holdings Ltd (India) Company Details
Table Description and Business Overview
Table Ashwagandha Introduction
Table Himalaya Global Holdings Ltd (India) Ashwagandha Revenue, Sales, and Gross Margin (2019-2024) (Million USD)
Table Himalaya Global Holdings Ltd (India) Recent Development
Figure Ashwagandha Value Chain
Table Key Raw Materials
Table Major Distributors of Ashwagandha with Contact Information
Table Research Process
Figure Bottom-up and Top-down Approaches for This Report
Research Methodology:
U.S. Ashwagandha Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
Market Size |
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Market Position of Top Company |
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Qualitative Analysis |
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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Market Segments(by Application, by Type) |
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Total Market |
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