The North America Amla Extract Market would witness market growth of 4.3% CAGR during the forecast period (2021-2027). Amla is fruit, which is also known as Indian gooseberry. It is classified as one of the super fruits due to the enormous health benefits it offers to the consumer.
The scientific name of the amla plant is Emblica officinalis and it is widely cultivated in various parts of the world. Amla has a wide range of nutrients like iron, phosphorous, carbon, vitamins, calcium, salt, and amino acids. In addition, amla is very useful in different health conditions and an immunity booster.
Amla extract is primarily available in the form of juice, paste and pulp. It is majorly used in various medications and beauty products due to the presence of antioxidants. These antioxidants help in treating ulcer and various diseases. In addition, amla also has high number of anti-inflammatory properties which are beneficial in treating different inflammatory diseases. Amla extract is one of the core ingredients in the production of numerous beauty products & wellness foods. It is specifically used in hair care products to reduce hair loss and improve hair texture.
Countries like Canada and the US are witnessing an increase in the demand for amla extract due to the increasing awareness among the population regarding the health benefits of amla. Population in this region is adopting natural products in their daily routine and thus, the demand for amla extract is estimated to surge in the coming years.
The Amla extract market in North America will register a steady growth during the forecast period. It is due to the increasing awareness among people and the growing demand for amla extract from countries like Canada. People are getting more aware of the benefits of consuming amla along with the shifting preference of people towards adopting natural-ingredient based food & beverage products, which would accelerate the growth of the regional amla extract market.
The US market dominated the North America Personal Care & Cosmetics Market by Country in 2020, thereby, achieving a market value of $2,579.2 Million by 2027, growing at a CAGR of 3.2 % during the forecast period. The Canada market is experiencing a CAGR of 6.2% during (2021-2027). Additionally, The Mexico market would witness a CAGR of 5.3% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Amla Extract Market is Estimated to Reach USD 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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