Psyllium Market Size, Share & Business Outlook Report, 2030
Psyllium Market Growth & Trends
The global psyllium market size is estimated to reach
USD 660.7 million in 2030 and is anticipated to expand at a CAGR of 9.7% from
2024 to 2030, according to a new report by Grand View Research, Inc. The rising
prevalence of chronic diseases such as diabetes, obesity, and gastrointestinal
disorders has increased the demand for natural dietary fibers like psyllium.
Consumers are increasingly adopting healthier lifestyles and seeking dietary
supplements and functional foods that promote digestive health and weight
management. Psyllium's soluble fiber content effectively aids in regulating
bowel movements and lowering cholesterol levels, enhancing its appeal in dietary
and pharmaceutical applications.
Regulatory approvals from health authorities such as the Food and
Drug Administration (FDA) in the United States and European Food Safety
Authority (EFSA) in Europe further validated the psyllium's health claims and
safety for consumption. This regulatory support boosts consumer confidence and
encourages manufacturers to incorporate psyllium into a wide range of products,
including dietary supplements, pharmaceuticals, and functional foods, driving
the market for psyllium during the forecast period.
Furthermore, the pharmaceutical and nutraceutical sectors
represent substantial growth opportunities for the psyllium market. Psyllium is
widely used as an active ingredient in laxatives, fiber supplements, and
dietary fiber formulations due to its natural origin and regulatory approval
for health claims related to digestive health. Manufacturers are innovating in
product formulations to cater to specific health needs, such as products
targeting irritable bowel syndrome (IBS) and constipation, further augmenting
the growth and demand for psyllium during the forecast period.
Moreover, the global trend towards natural and plant-based
ingredients in food and beverages has positively influenced the demand for
psyllium. As consumers seek clean label products and healthier alternatives to
synthetic ingredients, psyllium's natural origin and functional benefits make
it an attractive ingredient for food formulators. Psyllium is used in a variety
of food applications, including bakery products, cereals, snacks, and
beverages, to enhance fiber content without compromising taste or texture.
Manufacturers are responding to this trend by incorporating psyllium into new
product formulations and promoting its nutritional benefits to meet consumer preferences
for natural and sustainable food choices. This is expected to further drive the
demand for the psyllium market during the forecast period.
Major players in the psyllium market include Satnam Psyllium
Industries; Virdhara International; Premcem Gums Pvt. Ltd.; Jyotindra
International; Abhyuday Industries; Shree Mahalaxmi Psyllium Pvt. Ltd.; Ispasen
Remedies Private Limited; Rajganga Agro Product Pvt. Ltd.; Gayatri Psyllium
Industries; Shubh Psyllium Industries; Psyllium Labs LLC; and Keyur Industries.
Manufacturers are expanding their product portfolios to cater to diverse
consumer preferences and industry requirements. This includes offering
different forms of psyllium such as whole husk, husk powder, and psyllium
seeds, each tailored for specific applications in pharmaceuticals, dietary
supplements, functional foods, and beverages.
Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/psyllium-market-report
Psyllium Market Report Highlights
- North America is
expected to grow with a CAGR of 10.5% over the forecast period from 2024
to 2030, driven by increasing consumer awareness of dietary fibers and the
growing trend towards natural health supplements.
- The psyllium
husk powder market is expected to grow at a CAGR of 12.3% from 2024 to
2030. Psyllium powder is highly soluble and can be easily incorporated
into various food products, beverages, and dietary supplements, making it
a preferred choice for both consumers and manufacturers.
- The organic
psyllium market is expected to grow with a CAGR of 12.6% over the forecast
period. Organic psyllium is cultivated without the use of synthetic
pesticides or fertilizers, making it an attractive option for consumers
seeking clean-label and environmentally friendly products, leading to
increasing demand for organic psyllium.
- Psyllium
application in dietary supplements is expected to growth with a CAGR of
11.2% from 2024 to 2030. Psyllium is a rich source of soluble fiber, which
helps regulate bowel movements, reduce cholesterol levels, and manage
blood sugar levels, making it a popular ingredient in dietary supplements.
Psyllium Market Segmentation
Grand View Research has segmented the global psyllium market on
the basis of product, nature, application, and region:
Psyllium Product Outlook (Revenue, USD Million, 2018 - 2030)
- Psyllium Seeds
- Whole Psyllium
Husk
- Psyllium Husk
Powder
Psyllium Nature Outlook (Revenue, USD Million, 2018 - 2030)
- Organic
- Conventional
Psyllium Application Outlook (Revenue, USD Million, 2018 - 2030)
- Food &
Beverages
- Dietary
Supplements
- Pharmaceuticals
- Animal Feed
- Others
Psyllium Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- Central &
South America
- Middle East
& Africa
List of Key Players in Psyllium Market
- Satnam Psyllium
Industries
- Virdhara
International
- Premcem Gums
Pvt. Ltd.
- Jyotindra
International
- Abhyuday
Industries
- Shree Mahalaxmi
Psyllium Pvt. Ltd.
- Ispasen Remedies
Private Limited
- Rajganga Agro
Product Pvt. Ltd.
- Gayatri Psyllium
Industries
- Shubh Psyllium
Industries
- Psyllium Labs
LLC
- Keyur Industries
Browse Full Report: https://www.grandviewresearch.com/industry-analysis/psyllium-market-report
Comments
Post a Comment