Economic Influences and Opportunities in Psyllium Husk Market
Psyllium Husk Market was valued at US$ 369.57 Mn. in 2022 and expected to grow at a CAGR of 7.3% during the forecast period (2023-2029), thanks to the growing trend of organic psyllium husk use which has boosted demand for Global Psyllium Husks Market.
Psyllium Husk Market Overview:
Psyllium Husk Market Segmentation:
The organic and conventional segments of the global psyllium husk market are based on the nature type segmentation. The market value of the organic segment, which leads the worldwide market, was estimated at US$ 102 million in 2020. since dangerous chemicals like pesticides, fertilizers, insecticides, etc. are absent from the organic sector. The poisonous chemical methyl bromide, which is used to treat psyllium that is grown conventionally, pollutes the environment. As a result, over the course of the forecast period, the organic segment is anticipated to grow at a CAGR of 3.2%.
The powder and dust segments of the global psyllium husk market are based on the offering segment. In 2020, the powder segment held a 72% share, making it the dominant segment in the global market. Customer satisfaction and improved storage stability.
The dietary supplements and pharmaceuticals segments of the global psyllium husk market are subdivided based on the application segment. With a 53% revenue share in 2020, the dietary supplement segment commanded the largest share of the global market. The key factors driving the global psyllium husk market are the product's 98% purity and 80% fiber content, which is what attracts consumers. Other factors include the product's ability to reduce unhealthy weight and increase awareness of its dietary benefits.
1 Global Psyllium Husk Market, by Nature type (2022-2029)
• Organic
• conventional
2 Global Psyllium Husk Market, by Offering (2022-2029)
• Power
• Dust
3 Global Psyllium Husk Market, by Application (2022-2029)
• Dietary supplements
• Pharmaceuticals
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Psyllium Husk Market Key Players: The key players are
1. JYOT Overseas
2. Keyur Industries
3. Satnam Psyllium Industries
4. Jyotindra International
5. Urvesh Psyllium Industries
6. Virdhara International
7. Shubh Psyllium Industries
8. Ispasen Remedies
9. Vraj Psyllium
10.Konpal Ispaghol
11.Shree Balaji Sat Isabgol Factory
12.Gayatri Psyllium Industries
13.Abhyuday Indutries
14.Rajganga Agro Product
15.Shree Mahalaxmi psyllium
16.Premcem Gums Pvt. Ltd
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Psyllium Husk Market Regional Analysis:
The Psyllium Husk market prediction research is created after a thorough examination of many geographical areas, including Asia-Pacific, Europe, North America, and the rest of the globe. North America has the greatest power over the Psyllium Husk market share and will continue to be a major shareholder in the global Psyllium Husk market.
COVID-19 Impact Analysis on Psyllium Husk Market: The COVID-19 impact on the Psyllium Husk market is also included in the report
Key Questions Answered in the Psyllium Husk Market Report are:
- What will be the CAGR of the Psyllium Husk market during the forecast period?
- Which segment emerged as the leading segment in the Psyllium Husk market?
- Which are the prominent players in the Psyllium Husk market?
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