Psyllium Seed Market Definition
Psyllium is a form of fiber made from the husks of the Plantago ovata plant's seeds. It sometimes goes by the name ispaghula. It's most commonly known as a laxative. Psyllium is available in various forms such as psyllium seeds, psyllium husk, psyllium husk powder, psyllium industrial powder etc. Psyllium seeds can be consumed directly or in powdered form for medical purposes as it has various health benefits.
The market study is broken down by Type (Below 80% Purity, 80-85% Purity, 85-95% Purity and Above 95% Purity), by Application (Therapeutics application, Industrial application and Animal feed) and major geographies with country level splits.
The market is fragmented by key vendors who are focusing on production technologies, improving efficiency and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies
Keyur Industries (India), AEP Colloids (United States), Jyotindra International (India), Aatish Industries (India), Shree Balaji Sat Isabgol Factory (India), Oregon Wild Harvest (United States), Almira Impex (India), Satnam Psyllium (India), Rajganga Agro Product P Ltd (India) and Shubh Psyllium Industries (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are SHREE MAHALAXMI PSYLLIUM (India) and Omex Overseas (India).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Psyllium Seed market by Type, Application and Region.
On the basis of geography, the market of Psyllium Seed has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Offline will boost the Psyllium Seed market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Whole Seed will boost the Psyllium Seed market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Food will boost the Psyllium Seed market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- Growing use as traditional medicinal herb in Asian countries
Market Drivers
- Growing problems associated with constipation, diarrhea, high cholesterol, heart disease, blood pressure, and obesity
- Increasing use in pharmaceutical industry as it is used as thickening agent for capsule formation
Opportunities
- Highly adopted in cosmetic industry
Restraints
- Availability of other substitutes
Challenges
- Potential side effects from an increased dose
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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