In India, The major quantity of Amala is used making chayavanprash, ayurvedic medicines, cosmetic products and other value added products like preserve, juice, ready-to-serve drink, sherbet, jam, fruit bar, dehydrated amla whole or powder, mouth freshners, etc. Various herbal medicine manufacturing companies are using amla extracts to provide novel dietary supplements in herbal tea and powders forms. Effective production, processing and marketing of amla extracts is expected to boost the market size during the next decade. Amla also known as emblic or myrobalan, Indian gooseberry is well known over the world for its delicious fruits having rich medicinal properties and values. These are a very rich source of vitamin C having an ascorbic acid content ,and the second highest among all the fruits cultivated.The extract is a rich source of antioxidants and is effective for reducing the risk of heart diseases, high blood cholesterol levels, signs of aging, cell damage, and inflammation. The extract is also rich source of vitamin C and carotene and as a result. It can be used for the treatment of various skin and hair problems such as acne, skin pigmentation, scars, hair fall, dandruff, dry hair, and scalp infection among others. It is found useful for the prevention and treatment of cancer and is considered useful for stress management and mental health. Such diverse applications are anticipated to create growth opportunities for the market in the near future.
The global amla extract market size was valued at INR 25,820 Crores in 2018 and is expected to register a CAGR of 4.9% during the forecast period from 2019 to 2025. Rising health consciousness coupled with the growing demand for antioxidant-rich products is expected to fuel the growth. Rising awareness regarding numerous benefits of amla extract to improve body composition, weight loss, metabolism, immune and digestive system, and liver and heart health is anticipated to drive the product demand. These advantages are anticipated to further fuel the product demand.
Potential demand for dietary supplements and functional foods is expected to drive the demand for amla extract powder and pulp, which in turn is projected to contribute to the market growth. A significant rise in the application of the product in the pharmaceutical industry is expected to drive the amla extract market in the forthcoming years. Increasing consumption of amla extracts in food and beverage, personal care and cosmetics, pharmaceuticals, and nutraceutical industries is another factor driving the market growth. The use of the product in the treatment of urinary disorders, bronchitis, insomnia, asthma, hemorrhage, dyspepsia, anemia, and others is anticipated to drive the demand. India exports a significant amount of amla and amla extracts to countries like the U.S., Japan, Nepal, Bangladesh, Malaysia, Germany and the Netherlands.
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