With a CAGR of more than 10 percent during the last few years, Indian herbal extracts market has shown great dynamism. This can be attributed to the several factors which trigger this growth such as the rise in the consumer awareness about the medicinal benefits of herbal products, the growing interest in organic alternatives, and the resurgence of Ayurveda medicinal system among many others. Increasing volumes of chronic conditions and growing worries about the adverse effects of chemical drugs are among the factors fueling customer demand for more useful, all-natural products. Plant or herb extracts, which are the most recent discoveries, can be considered as an alternative medicine to numerous maladies including depression, anxiety, intestinal problems, and skin disorders.

Government incentives to develop the traditional herbal medicine market have just been a catalyst to the growth of herbal extract market. There are new programs, research centers that have attracted attention from the market and made it possible for them to create and market new herbal formulas. The strict regulatory reform on the quality and control of the herbal products has also raised the confidence of the consumers in the natural products. The extracts of herbal medicine are experiencing a considerable growth in the demand for all those sectors, namely pharmaceuticals, nutraceuticals, cosmetics, and personal care. With more people showing willingness to use natural remedies, herbal ingredients are finding a place in the development of pharmaceutical formulations.

Keeping tabs on this market, India Pharma Outlook hasshortlistedtheselect few companiesfrom this sectorthat have exhibited an unrelenting pursuit of excellence. By proving their dedication tofulfilling customer expectationsand contributing to the market’s evolution through their innovative disposition, these firmsare blazing a trail for others to follow and setting an example for them.

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