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India Ashwaghanda Market to 2032

Overview

The India Ashwaghanda Market is expected to reach a 9.04 USD Million by 2032 and is projected to grow at a CAGR of 17.78% from 2025 to 2032.

Revenue, 2024 (USD Million)
3.58
Forecast, 2032 (USD Million)
9.04
CAGR, 2024 - 2032
17.78%
Report Coverage
India

India Ashwaghanda Market 2018-2032 USD Million

India Ashwaghanda Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 3.58 USD Million
  • Projected Market Size (2032): 9.04 USD Million
  • CAGR (2025-2032): 17.78%

Key Findings of India Ashwaghanda Market

  • The India Ashwaghanda Market was valued at 3.58 USD Million in 2024.
  • The India Ashwaghanda Market is likely to grow at a CAGR of 17.78% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Food & Beverages in Application Segment accounted for the largest share of the market with a revenue of 3.58 USD Million
  • The fastest growing segment Improved Immunity in Function Segment grew Fastest with a CAGR of 19.47% during the forecast period from 2024 to 2032.

India Ashwaghanda Market Scope

India Ashwaghanda Market Segmentation & Scope
Application
  • Sports Nutrition
  • Dietery Supplements
  • Food & Beverages
  • Others
  • Pharmaceutical
Withanolides Content
  • Others
  • 1% Withanolides
  • 2% Withanolides
  • 2.5% Withanolides
  • 10% Withanolides
  • 5% Withanolides
Product
  • Ashwagandha Leaf Products1
  • Ashwagandha Leaf and Root Mix Product1
  • Ashwagandha Root Product1
Type
  • Crude Ashwagandha
  • Hydro-Alcoholic Ashwagandha
  • Sensoril1
  • KSM-66
Category
  • Regular
  • Full Spectrum
Form
  • Liquid
  • Capsule and pills
  • Powder
Function
  • Others
  • Overall Wellbeing
  • Muscle Strength
  • Improved Stamina
  • Improved Immunity
  • Brain Health
  • Reduced Anxiety And Stress

India Ashwaghanda Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Million
Market Value in 2024 3.58 USD Million
Market Value in 2032 9.04 USD Million
CAGR (2025-2032) 17.78%
Historic Data 2016-2023
Market Segments Covered Application,Withanolides Content,Product,Type,Category,Form,Function

Regional Insights:

  • Leading Market (2024-2032): India, leading in terms of revenue 3.58 USD Million in 2024
    • Key Country: India, leading in terms of revenue with value of 3.58 USD Million in 2024.

Segments and Scope

  • India Ashwaghanda Market to 2032, By Application
    • Food & Beverages is the largest segment in India Ashwaghanda Market to 2032 with a revenue of 3.58 USD Million in the year 2024.
    • Sports Nutrition is the Fastest growing segment in India Ashwaghanda Market to 2032 with a Growth rate of 17.78 % in forecast period 2025-2032.
  • India Ashwaghanda Market to 2032, By Withanolides Content
    • 5% Withanolides is the largest segment in India Ashwaghanda Market to 2032 with a revenue of 1.14 USD Million in the year 2024.
    • 10% Withanolides is the Fastest growing segment in India Ashwaghanda Market to 2032 with a Growth rate of 18.32 % in forecast period 2025-2032.
  • India Ashwaghanda Market to 2032, By Product
    • Ashwagandha Root Product1 is the largest segment in India Ashwaghanda Market to 2032 with a revenue of 2.07 USD Million in the year 2024.
    • Ashwagandha Leaf and Root Mix Product1 is the Fastest growing segment in India Ashwaghanda Market to 2032 with a Growth rate of 17.64 % in forecast period 2025-2032.
  • India Ashwaghanda Market to 2032, By Type
    • KSM-66 is the largest segment in India Ashwaghanda Market to 2032 with a revenue of 2.24 USD Million in the year 2024.
    • Sensoril1 is the Fastest growing segment in India Ashwaghanda Market to 2032 with a Growth rate of 17.75 % in forecast period 2025-2032.
  • India Ashwaghanda Market to 2032, By Category
    • Full Spectrum is the largest segment in India Ashwaghanda Market to 2032 with a revenue of 2.11 USD Million in the year 2024.
    • Full Spectrum is the Fastest growing segment in India Ashwaghanda Market to 2032 with a Growth rate of 18.25 % in forecast period 2025-2032.
  • India Ashwaghanda Market to 2032, By Form
    • Powder is the largest segment in India Ashwaghanda Market to 2032 with a revenue of 1.83 USD Million in the year 2024.
    • Capsule and pills is the Fastest growing segment in India Ashwaghanda Market to 2032 with a Growth rate of 17.49 % in forecast period 2025-2032.
  • India Ashwaghanda Market to 2032, By Function
    • Reduced Anxiety And Stress is the largest segment in India Ashwaghanda Market to 2032 with a revenue of 1.06 USD Million in the year 2024.
    • Improved Immunity is the Fastest growing segment in India Ashwaghanda Market to 2032 with a Growth rate of 18.64 % in forecast period 2025-2032.

India Ashwaghanda Market Company Share Analysis

 
Company Name Company Share Analysis
Patanjali Ayurved
Dabur India limited
Herbochem
KSM66 Ashwagandha
Sami-Sabinsa Group
India Ashwaghanda Market Company Share Analysis

India Ashwaghanda Market Geographical Sales Distribution, 2018-2032 USD Million

India Ashwaghanda Market Geographical Sales Distribution, 2018-2032 USD Million

India Ashwaghanda Market Company Profiling

India Ashwaghanda Market Company Profiling

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Frequently Asked Questions
The India Ashwaghanda Market is segmented based on Segmentation Application,Withanolides Content,Product,Type,Category,Form,Function.
India Ashwaghanda Market was valued at USD 3.58(Revenue in USD Million) in 2021.
India Ashwaghanda Market is projected to grow at a CAGR of 17.78% during the forecast period of 2024 to 2032.
The Food & Beverages segment is expected to dominate the India Ashwaghanda Market, holding a largest market share of 3.58 USD Million in 2024

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India Ashwaghanda Market Scope

India Ashwaghanda Market Segmentation & Scope
Application
  • Sports Nutrition
  • Dietery Supplements
  • Food & Beverages
  • Others
  • Pharmaceutical
Withanolides Content
  • Others
  • 1% Withanolides
  • 2% Withanolides
  • 2.5% Withanolides
  • 10% Withanolides
  • 5% Withanolides
Product
  • Ashwagandha Leaf Products1
  • Ashwagandha Leaf and Root Mix Product1
  • Ashwagandha Root Product1
Type
  • Crude Ashwagandha
  • Hydro-Alcoholic Ashwagandha
  • Sensoril1
  • KSM-66
Category
  • Regular
  • Full Spectrum
Form
  • Liquid
  • Capsule and pills
  • Powder
Function
  • Others
  • Overall Wellbeing
  • Muscle Strength
  • Improved Stamina
  • Improved Immunity
  • Brain Health
  • Reduced Anxiety And Stress
Frequently Asked Questions
The India Ashwaghanda Market is segmented based on Segmentation Application,Withanolides Content,Product,Type,Category,Form,Function.
India Ashwaghanda Market was valued at USD 3.58(Revenue in USD Million) in 2021.
India Ashwaghanda Market is projected to grow at a CAGR of 17.78% during the forecast period of 2024 to 2032.
The estimated market value of the India Ashwaghanda Market for final year is USD 9.04 (USD Million).

India Ashwaghanda Market Company Profiling

India Ashwaghanda Market Company Profiling
Frequently Asked Questions
The India Ashwaghanda Market is segmented based on Segmentation Application,Withanolides Content,Product,Type,Category,Form,Function.
India Ashwaghanda Market was valued at USD 3.58(Revenue in USD Million) in 2021.
India Ashwaghanda Market is projected to grow at a CAGR of 17.78% during the forecast period of 2024 to 2032.
The estimated market value of the India Ashwaghanda Market for final year is USD 9.04 (USD Million).

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