Global Psyllium Product Market, By Nature (Organic, Conventional), Product Type (Psyllium Seed, Psyllium Capsules, Psyllium Husk, Psyllium Husk Powder, Psyllium Industrial Powder), Application (Residential, Commercial), End User (Food and Beverages, Pharmaceuticals, Dietary Supplements, Nutraceuticals, Cosmetics and Personal Care, Animal Feed, Others), Distribution Channel (Online, Offline), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Psyllium Product Market
The psyllium product market size is expected to grow at a compound annual rate of 9.00% in the forecast period 2021 to 2028 and is likely to reach USD 0.428 billion by 2028. The rise in the awareness regarding the benefits of healthy eating lifestyle is the factor responsible for the growth of psyllium product market in the forecast period of 2021 to 2028.
Psyllium products consist of seeds and husk that are used for various health benefits as well as industrial purposes. Psyllium products are the rich source of various necessary dietary fibers and are exploited on a large scale for in food as well as pharmaceutical industry.
The major growing factor towards psyllium product market is the high demand for psyllium and its derivatives in cosmetics and personal care products. Furthermore, the increase in concerns regarding good quality food products and rise in consciousness towards well-being are also expected to heighten the overall demand for psyllium product market over the forecast period of 2021 to 2028. Moreover, the rise in the per capita income and rapid urbanization are also expected to serve as foremost drivers for the psyllium product market at a global level. In addition, the increase in consciousness towards healthy eating habits and various medicinal advantages of psyllium husk and powder are also lifting the growth of the psyllium product market.
However, the easy availability of variety of substitutes for psyllium product and excess intake can lead to various health problems thus are projected to act as a restraint towards the growth of psyllium product market, whereas the rise in preference of consumers towards other products can challenge the growth of the psyllium product market.
Moreover, the high R&D investments by various manufacturers, rise in the use of psyllium products in animal feed industry as a laxative and rapid penetration of E-commerce across the world are expected to further generate new opportunities for the psyllium product market in the forecast period of 2021 to 2028.
This psyllium product market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the psyllium product market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Psyllium Product Market Scope and Market Size
The psyllium product market is segmented on the basis of nature, product type, application, end user and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on nature, the psyllium product market has been segmented into organic and conventional.
- On the basis of product type, the psyllium product market has been segmented into psyllium seed, psyllium capsules, psyllium husk, psyllium husk powder and psyllium industrial powder.
- On the basis of application, the psyllium product market has been segmented into commercial and residential.
- Based on end user, the psyllium product market has been segmented into food and beverages, pharmaceuticals, dietary supplements, nutraceuticals, cosmetics and personal care, animal feed and others.
The distribution channel segment of the psyllium product market has been segmented into online and offline.
Psyllium Product Market Country Level Analysis
The psyllium product market is analyses and market size, volume information is provided by country, nature, product type, application, end user and distribution channel as referenced above.
The countries covered in the psyllium product market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America leads the psyllium product market due to the increase in the use of functional ingredients and high consumption of dietary supplements. Europe is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 due to the increase in the healthy eating habits and rise in the trend of health and wellness.
The country section of the psyllium product market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Psyllium Product Market Share Analysis
The psyllium product market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to psyllium product market.
The major players covered in the psyllium product report are NOW Foods, Nature's Sunshine Products of Australia Pty Ltd., Patanjali Ayurved, Dabur India Ltd., Rama Gum Industries Limited, PROCTER & GAMBLE, Puritan's Pride, Inc., Reckitt Benckiser Group PLC, Premcem Gums Pvt. Ltd., JYOT Overseas Pvt. Ltd., Psyllium Labs LLC, Satnam Psyllium Industries, Balisana Isabgol, Gayatri Psyllium Industries, Shree Mahalaxmi psyllium Pvt. Ltd., Ispasen Remedies, SHUBH, Keyur Industries, Vraj Psyllium and Abhyuday Indutries among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.