The Latin America, Middle East and Africa Amla Extract Market would witness market growth of 5.5% CAGR during the forecast period (2021-2027).
Amla extract is obtained from the fruit called amla which is also known as Indian Gooseberry, which is also a local fruit in the Middle East. It is often utilized to decrease the cholesterol level that helps with inflammation and cardiovascular health. It offers a broad range of health benefits. The changing preference of people towards natural and healthy food items, along with the increasing health concerns among the population will support the growth of the amla extract market.
In some parts of this region, people are increasingly investing in natural skin and hair care products and amla-based skin and hair care products are gaining popularity across the globe. This will further increase the demand for amla extract and augment the regional growth of the amla extract market during the forecast period.
The regular consumption of amla can give a person various health benefits such as eyesight improvement, skin rejuvenation, boosting the immune system, and regulating the blood sugar level. Due to the prevalence of pandemic situation and an increasing number of diseases, people are becoming more aware of maintaining a healthy lifestyle and food habits. Experts suggest that a healthy food pattern and dietary supplements can boost the immune system and protect a person from various diseases.
Thus, people are demanding highly nutritious food items which can offer a wide variety of health benefits. This shift in preference of consumers towards healthy food supplements will further escalate the demand for amla extract in the market. In addition, the increasing awareness among people regarding the health benefits of amla will drive the growth of the market during the forecast period.
The Powder market dominated the Saudi Arabia Amla Extract Market by Type in 2020, thereby, achieving a market value of $637 Million by 2027, growing at a CAGR of 5.5 % during the forecast period. The Pulp market is expected to witness a CAGR of 7% during (2021-2027).
Based on Application, the market is segmented into Food & Beverages, Personal Care & Cosmetics, Pharmaceuticals, Nutraceuticals, and Others. Based on Type, the market is segmented into Powder and Pulp. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Amla Extract Market is Predict to reach $51.8 Billion by 2027, at a CAGR of 4.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Taiyo International (Taiyo Kagaku Corporation), Arjuna Natural Pvt. Ltd., Sydler Group, Risun Bio-Tech, Inc., Patanjali Ayurved Limited, Ambe Phytoextracts Pvt. Ltd., Biomax Lifesciences Ltd., Innophos Holdings, Jiva Botanicals LLC, and Paradise Herbs & Essentials, Inc.
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