Global Gotu Kola Extract Health Products Market Size, Share, and Trends Analysis Report, By Type (Liquid Form, Paste Form (Creams), and Solid Form (Tablets)), and By Application (Hospital & Clinics, Pharmaceutical Industries, and Others) Forecast Period (2022-2028)

The global gotu kola extract health products market is anticipated to grow at a significant CAGR of 3.1% during the forecast period (2022-2028). Gotu kola, also known as centella asiatica  is a tiny herbaceous plant. The Asia-Pacific region is home to gotu kola. The traditional herbal treatment and culinary uses of gotu kola extract are the most common. Ayurveda has employed gotu kola extract for thousands of years. Caffeine-free beverages containing gotu kola extract are used to prevent mental problems such as mental exhaustion, anxiety, depression, and sleeplessness. Antifungal and antibacterial properties of gotu kola extract are also utilized on wounds. Blood coagulation is aided by gotu kola extract. In addition to salad dressing and seasoning, gotu kola extract is also used in gourmet cuisine.

The demand for gotu kola extract is rising due to the increasing preference for natural medication over synthetic medicine. The constant rise in demand for antifungal, antibacterial, cardiovascular disease medicines, and other brain health supplements are among the primary factors driving the growth of the market. The natural medicine for the digestive system, weight management, immune system booster, cancer treatment, and blood pressure aid, among other things are also contributing considerably to the market growth. Scars can also be cured with gotu kola. The preference for natural cosmetics over chemical cosmetics is the primary driver of the gotu kola in the cosmetic industry.

The market players are also contributing significantly in the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, in order to stay competitive in the market. For instance, in June 2021, centella asiatica extract has been used by Cosmax Bio to create a new eye health component. The tropical medicinal plant, also known as gotu kola or pennywort, is native to Southeast Asia, Madagascar, and South Africa. The Korea-based supplement maker developed the supplement after study results revealed that the botanical extract was “useful for blocking or preventing age-related ocular damage/degeneration”.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Competitive Landscape- Himalaya Drug Co., NOW Foods, Organic India, NutraMarks, Inc., and Nature’s Answer (Bio-Botanica Inc.), among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Gotu Kola Extract Health Products Market Report by Segment

By Type

• Liquid Form
• Paste Form (Creams)
• Solid Form (Tablets)

By Application

• Hospital & Clinics
• Pharmaceutical Industries
• Others