Brahmi Extracts Market grow at a compound annual rate of 5.8% in the forecast period

 

Market Analysis and Insights : Global Brahmi Extracts Market

Brahmi extracts market size is expected to grow at a compound annual rate of 5.8% in the forecast period 2021 to 2028 and is likely to reach USD 1.08 billion by 2028. The rise in the product acceptance and usage is the factor responsible for the growth of brahmi extracts market in the forecast period of 2021 to 2028.

Brahmi also known as the Bacopa Monnieri is an herb mostly used in the ayurveda treatment for asthma and epilepsy. Apart from the treatment of these diseases, brahmi is also broadly established to have magical curing power for many other diseases.

The major growing factor towards brahmi extracts market is the rise in usage as nutritional drink ingredient and as herb in food peroration. Furthermore, the rise in the use as brain health wellness supplement in the pharmaceutical industries is also expected to heighten the overall demand for brahmi extracts market over the forecast period of 2021 to 2028. Moreover, the rise in demand due to the medicinal purpose and rise in the trend of using and herbal medicine are also expected to serve as foremost drivers for the brahmi extracts market at a global level. In addition, the medicines have comparatively low side effects when compared to the conventional medicine which is also one of the compelling factor among consumers to go for herbal remedies rather conventional  thus is also lifting the growth of the brahmi extracts market.

However, the various side effects associated with brahmi extracts, low product availability coupled with low consumer awareness and stringent regulation rules can bare the brahmi products are projected to act as a restraint towards the growth of brahmi extracts market, whereas the improper alignment between supply and demand can challenge the growth of the brahmi extracts market.

Moreover, the rise in the consumption, increase in the application in the food and beverage industry and the rise in the trend of herbal remedies among the consumers are expected to further generate new opportunities for the brahmi extracts market in the forecast period of 2021 to 2028.

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