Bacopa monnieri is also known as brahmi, water hyssop, thyme-leaved gratiola, and the herb of grace is a staple plant. It grows in wet, tropical environments, and its ability to thrive underwater makes it popular for aquarium use. This plant is native to the wetlands of southern and Eastern India, Australia, Europe, Africa, Asia, and North and South America. Bacopa monnieri is a non-aromatic herb. Bacopa monnieri is basically used in Traditional Ayurvedic medicine to improve memory and to treat various ailments. Due to its ability to grow in water makes it a popular aquarium plant.
MARKET DYNAMICS
The brahmi market has witnessed significant growth owing to factors such as a wider application in the food and beverage industry, the pharmaceutical industry, and the personal care industry. The active constituent present in the brahmi herb increases the cerebral blood flow, and hence it is largely used as a brain health supplement. Brahmi repairs the damage hair follicles and makes them strong hence;, it is also used as a hair tonic. The increase in demand for natural health supplement products has gone up in the pharmaceutical market, which is further influencing this market. However, factors such as climatic changes may hamper the cultivation of brahmi. This, in turn, may affect the growth of brahmi coupled with the presence of other substitute products. Nevertheless, with the steady growth in the pharmaceutical and agriculture industry, the market players have the opportunity to invest in the brahmi market.
MARKET SCOPE
The "Global Brahmi Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the brahmi market with detailed market segmentation by type, end-use, distribution channel, and geography. The global brahmi market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading brahmi market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global brahmi market is segmented on the basis of type, end-use, and distribution channel. On the basis of type, the brahmi market is segmented into oil, powder, tablet, and tonic. Based on end-use, brahmi market is segmented into food and beverage industry, pharmaceutical industry, personal care industry, and others. The brahmi market on the basis of the distribution channel is classified into hypermarkets & supermarkets, specialty stores, online retailers, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global brahmi market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The brahmi market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the brahmi market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the brahmi market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global brahmi market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from brahmi market are anticipated to lucrative growth opportunities in the future with the rising demand for brahmi in the global market. Below mentioned is the list of few companies engaged in the brahmi market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the brahmi market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Dabur India Limited
- Morpheme Remedies
- Natures velvet Life Care
- Natures Velvet Lifecare
- Organic India Pvt Ltd
- Patanjali Ayurved Limited
- Sanofi-Aventis Healthcare Pty Ltd
- Shriji Herbal Products
- The Himalaya Drug Company
- Vadik Herbs