The global brahmi market size reached US$ 317 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 572 Million by 2028, exhibiting a growth rate (CAGR) of 10.0% during 2023-2028.
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| Brahmi Market Forecast 2023-2028 |
Brahmi: Uses and Application:
Brahmi, scientifically known as Bacopa monnieri, is a perennial herb. It is highly regarded for its medicinal properties, particularly in traditional Ayurvedic medicine. Brahmi is characterized by its small, oblong leaves and purple or white flowers, and it is commonly found in aquatic environments. One of the key features of Brahmi is its use as a nootropic agent, believed to improve cognitive function, enhance memory, and alleviate anxiety. It contains bioactive compounds such as bacosides, which are credited for its neuroprotective properties. These compounds are said to interact with neurotransmitters in the brain, promoting mental clarity and focus.
Brahmi is also valued for its potential antioxidant properties, and it is often included in formulations designed to combat oxidative stress. In the realm of herbal medicine, Brahmi stands out for its multifaceted benefits, ranging from cognitive enhancement to potential stress relief. Therefore, it continues to be an important plant in both traditional and modern therapeutic practices.
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Brahmi Market Trends and Growth Drivers:
The market for Brahmi, scientifically known as Bacopa monnieri, is experiencing remarkable growth, fueled by an array of factors. One of the primary drivers is the burgeoning demand for natural cognitive enhancers and stress-relief supplements, especially among health-conscious consumers in both developing and developed nations. This trend is further accelerated by the increasing awareness of mental health issues and the importance of holistic well-being.
Additionally, Brahmi's relevance in traditional Ayurvedic medicine has led to its acceptance and adoption across various cultures, contributing to its global demand. Moreover, the ongoing research into the potential neurological benefits of Brahmi has intensified its use. The herb's rich profile of bioactive compounds, like bacosides, lends it unique neuroprotective characteristics such as enhancing memory, alleviating anxiety, and improving overall cognitive function. Its antioxidant properties further contribute to its reputation as a comprehensive health supplement.
Consequently, the use of Brahmi is expanding beyond its traditional role to newer applications in modern nutraceuticals, pharmaceuticals, and even cosmeceuticals. Parallel to these market dynamics, substantial investments are being made in the research and development sector focused on Brahmi. Research initiatives are primarily directed at confirming its long-claimed benefits through scientific validation, improving its bioavailability, and investigating its potential uses in treating neurological diseases.
Recent studies, for example, are examining the effects of Brahmi on neuroplasticity and its possible role in the treatment or management of neurodegenerative conditions like Alzheimer's disease. These advancements not only strengthen the therapeutic credibility of Brahmi but also align with the broader wellness trends aiming for sustainable and natural health solutions. Industries specializing in herbal supplements and natural therapies are increasingly recognizing Brahmi's diverse benefits. This acknowledgment has expanded its market reach, facilitating new product developments ranging from Brahmi-infused teas and oils to complex formulations in cognitive enhancement supplements.
In line with the growing consumer focus on sustainability and natural health, Brahmi products are also undergoing certifications for organic and sustainable farming practices.
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Brahmi Key Companies Covered:
- Baidyanath Group
- Dabur India Ltd.
- Herbal Creations
- Himalaya Global Holdings Ltd.
- Natures Velvet Lifecare
- Organic India Pvt Ltd.
- Patanjali Ayurved Limited
- Sabinsa Corp.
- Shriji Herbal Products
- Vadik Herbs
What is included in market segmentation?
The report has segmented the market into the following categories:
Form Insights:
- Oil
- Tablet
- Powder
- Tonics
End User Insights:
- Food and Beverages Industry
- Pharmaceutical Industry
- Personal Care Industry
Regional Insight:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
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Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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