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Gotu Kola Extract Market is expected to reach US$ 11.73 Bn by 2030

(Food-Beverage-News.Com, September 23, 2024 ) Gotu Kola Extract Market was valued US$ 9.41 Bn in 2023 and is estimated to reach approximately US$ 11.73 Bn by 2030 at a CAGR of about 3.2% during a forecast.



Centella Asiatica is the Latin name for Gotu Kola. It is a perennial plant commonly found in the Asia-Pacific area. Gotu Kola has been utilized in traditional medicine for numerous years, thanks to its potential health benefits. The plant is famous for its healing properties, treating various ailments such as wounds and skin conditions. The market for Gotu Kola Extract is boosted by the preference for natural medicine over synthetic medicine. The surge in the Global Gotu Kola Market is due to population growth, health issues, and a shift towards organic products, with the Asia-Pacific region being the largest consumer of Gotu Kola Extract. Gotu Kola Extract has been utilized in this area for many years as a traditional remedy for minor cuts and bruises. South America is in the second place. In this context, Gotu Kola is seen as a cost-effective and easily accessible immune system enhancer. Here, it is widely used in medicines and food items.



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Gotu Kola Extract Market Segmentation



By nature



Organic

Conventional



By Product



Powder

Crystal

Paste

Liquid



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By End-User



Food & Beverages Industry

Pharmaceutical Industry

Cosmetics Industry

Personal Care Products Industry

Others



Gotu Kola Extract Market Key Players:



NOW Foods

Nature’s Way Products LLC

The Himalaya Drug Company

Sigma-Aldrich Co., LLC

Organic India



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Maximize Market Research is leading Food and Beverages research firm, has also published the following reports:



Poppy Seed Market valued USD 235.64 Million in 2023 and is predicted to grow at a CAGR of 3.8 % to USD 305.94 Million by 2030.



Demineralized Whey Powder Ingredient Market: Global Industry Analysis and Forecast (2023-2029) by Nature, Product, Application, and Region.



About Maximize Market Research



Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities and technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics and communications, Internet of Things, Food and Beverages, Aerospace and defence, and other manufacturing sectors.

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