(MENAFN- Ameliorate Digital Consultancy)
Global kava root extract market is expected to grow at a CAGR of 8.2% during the forecast period of 2021-2027. The market was valued at USD 148.1 million in 2020 and is projected to reach USD 252.3 million by 2027. The growing demand for natural remedies for stress and anxiety, coupled with the increasing popularity of kava root extract as a dietary supplement, is driving the growth of this market.
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Kava root extract is a popular supplement that is derived from the kava plant, which is native to the South Pacific islands. It is known for its calming and anxiety-reducing effects and is often used as a natural remedy for stress and anxiety. In recent years, the demand for kava root extract has grown significantly, and the market for this supplement has expanded globally.
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Additionally, this study includes a prediction of the global market for kava root extract's sales in terms of absolute dollar opportunity. Additionally, it provides useful information based on anticipated developments in the kava root extract industry. Additionally, the study's findings may be used by new and developing market participants in the worldwide kava root extract market to make smart business decisions that will help both their companies and the market as a whole. Manufacturers, suppliers, distributors, and investors in the market for kava root extract might find the study useful. The information and data can be utilised by all market participants, as well as by professionals in the field, researchers, journalists, and business researchers.
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Key Segments of Global Kava root extract Market
Kava root extract Market By Nature : Organic , Conventional Kava root extract Market By Form : Liquid, Powder Kava root extract Market By Sales Channel : Hypermarkets/Supermarkets, Drug & Specialty Stores, Online Retail, Others Kava root extract Market By Region : North America, Latin America, Europe, South Asia, East Asia, Oceania, Middle East & Africa
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In conclusion, the global kava root extract market is expected to grow significantly during the forecast period due to the growing demand for natural remedies for stress and anxiety. The market is highly competitive, with several key players operating in the global market. The powder segment holds the largest market share, while the dietary supplement segment is expected to witness the highest growth rate. North America holds the largest market share, while the Asia-Pacific region is expected to witness the highest growth rate during the forecast period.
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