Chebula Extract Market: Outlook

Chebula Extract, commonly known as Harda Extract, is obtained from Chebula or Terminalia Chebula, a native plant of Southern Asia to South-western China, widely grown in India, Pakistan, China, Laos, Vietnam, Malaysia and various African and Asian countries. Chebula is a folk medicine extensively cultivated in Taiwan. Chebula Extract is also referred to as Haritaki Extract. It is used in traditional medicine to cure diabetes and uncontrollable tumours in South-western China and India. The Chebula plant has immunomodulatory and antibacterial properties.

Chebula extract also performs a variety of biological functions including antibacterial, antidiabetic and anticancer activities. The demand for Chebula Extract has been increasing due to its various applications in health care products and cosmetics as people nowadays are opting for natural cosmetic and herbal products. Chebula Extract is a well-known Ayurvedic medicine used for the treatment of heart diseases. It helps cure diseases such as hemorrhoids, sore throat, heartburn and constipation. It also increases libido and provides relief for cough and cold, piles and Anemia. Attributing to the increase in the demand for this product, investors who have invested in the Chebula Extract market can expect high returns in the coming period.

Increasing Demand for Herbal Medicines with Fewer Side-Effects

Herbal medicines have been gaining traction around the globe, especially Asia Pacific, and thus, the demand for Chebula Extract has also been rising. Globally, people are more inclined towards safer treatment options and Chebula Extract is a natural product extract that does not have any side-effects. In addition, Chebula Extract also possesses anti-inflammation and antioxidant properties and thus, is used in cosmetic products as well. Chebula Extract is used as a dying agent in the textile industry and witnesses huge demand from the industry as the chemicals used in dying are carcinogenic.

Global Chebula Extract Market: Segmentation

On the basis of source, the global chebula extract market has been segmented as:

  • Organic
  • Conventional

On the basis of form, the global chebula extract market has been segmented as:

  • Solid
  • Liquid
  • Raw powder

On the basis of end use, the global chebula extract market has been segmented as:

  • Pharmaceutical Industry
  • Cosmetic Industry
  • Textile Industry

On the basis of distribution channel, the global chebula extract market has been segmented as:

  • Direct
  • Indirect
  • Medical Store
  • Mixed Store
  • Chemist/Druggist
  • Supermarkets

Global Chebula Extract Market: Market Participants

Some of the key manufacturers and suppliers operating in the Chebula Extract market are Thangam Extracts, S.A Herbal Bioactives LLP, Nucleus Biotech, Tulsi Amrit Pvt. Ltd., Jairamdass Khushiram Impex Pvt. Ltd., Shree Botanicals, Sciyu Biotech Co., Ltd., Shanghai Yaokuo Herbal Biological Technology Co., Ltd. Navchetana Kendra Health Care Private Limited, Hiya India Biotech (p) Ltd., National Organics Pvt, Ltd. and Shanghai Touchhealthy Biotechnology Co., Ltd. A large number of players in the healthcare industry are keen on introducing Chebula Extract in their product portfolios, which is also expected to increase the demand for Chebula Extract in the future.

Opportunities for Market Participants

People across the globe are preferring herbal medicines for safe and effective treatment with fewer side effects, especially in Asia Pacific (rural areas). The cost effectiveness of herbal medicines further adds to their popularity. Also, Chebula Extract can act as a good replacement for dying chemicals in the textile industry as it is not carcinogenic and almost all the chemicals used in the textile industry for dying are carcinogenic. Thus, the introduction of Chebula Extract in the textile market can create new avenues for market growth. The increasing trend of opting for natural healthcare and cosmetic product is also expected to have a significant impact on the consumption of Chebula Extract during the forecast period.

Global Chebula Extract Market: Regional Outlook

In terms of production, South Asia from India, Nepal and China (Yunnan) are prominent regions across the globe. Chebula is extensively cultivated in Taiwan, Vietnam and Malaysia. The demand for Chebula Extract in these regions is much higher as compared to others as people in these regions opt for herbal or natural treatments. Chebula Extract is also used in cosmetics and textile industries and hence, the Chebula Extract markets in other regions such as the U.S. and Europe are also expected to register strong growth during the forecast period.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Chebula Extract Market

Pre Book