Siliconindia

There is a shift in universal trend from synthetic medicines to herbal medicines, as people started looking towards alternative medicine and products with natural ingredients. The end users are demanding for products with natural ingredients in Pharmaceuticals & Nutraceutical, Cosmetics and Food & Beverage industries. The increasing health consciousness among people and rising vegan trends are the factors driving plant extract market. The global plant extracts market is estimated at $30.8 billion in 2021 and is projected to reach $55.3 billion by 2026, growing at a CAGR of six percent from 2021 to...Read More

According to Expert Market Research report, the Indian organic food market stood at a value of $849.5 million in 2020. For the forecast period of 2021-26, the trend in the organic food market is expected to grow at a compound annual growth rate (CAGR) of about 20.5percent to reach about $2601 million by 2026. Covid-19 pandemic has accelerated the growth and demand for organic food, as people became more concerned about their health and saw it as a preventive health measure. In fact, this trend was reported all over the globe. There has been a growth in the organic food & beverage market globally,...Read More

The Indian sports and fitness goods market reached a value of $ 1,796 Million in 2020. IMARC Group expects the market to grow at a CAGR of 8.6 percent during 2021-2026. Seeing the alarming rate of rise in lifestyle diseases such as obesity, stroke, type 2 diabetes, heart disease and atherosclerosis, the young generation is  aware of the need to preserve health and fitness. Social media is another major catalyst in driving the market growth. With the mushrooming of fitness apps, individuals who are in need of fitness equipments multiplied. According to a report of mobile data and analytics provider App...Read More