Global Gymnema Extract Market Growth 2023-2029

Global Gymnema Extract Market Growth 2023-2029

Gymnema is a woody climbing shrub, native to Asia, especially India & Sri Lanka and Africa. The Gymnema also scientifically known as Gymnema sylvestre has been used traditionally for centuries as an Ayurvedic medicine in India and is known as “Gurmar” which means the destroyer of sugar as the extract of the plant leaves contains active ingredient known as gurmarin which suppresses the sweet receptor of the tongue.

LPI (LP Information)' newest research report, the “Gymnema Extract Industry Forecast” looks at past sales and reviews total world Gymnema Extract sales in 2022, providing a comprehensive analysis by region and market sector of projected Gymnema Extract sales for 2023 through 2029. With Gymnema Extract sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Gymnema Extract industry.

This Insight Report provides a comprehensive analysis of the global Gymnema Extract landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Gymnema Extract portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Gymnema Extract market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gymnema Extract and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Gymnema Extract.

The global Gymnema Extract market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Gymnema Extract is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Gymnema Extract is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Gymnema Extract is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Gymnema Extract players cover Himalaya Global Holdings, Bio-Botanica, NutriGold, Hawaii Pharm and Starwest Botanicals, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Gymnema Extract market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Liquid
Powder

Segmentation by application
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Himalaya Global Holdings
Bio-Botanica
NutriGold
Hawaii Pharm
Starwest Botanicals

Key Questions Addressed in this Report

What is the 10-year outlook for the global Gymnema Extract market?

What factors are driving Gymnema Extract market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Gymnema Extract market opportunities vary by end market size?

How does Gymnema Extract break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.