The global rhodiola rosea supplement market is anticipated to grow at a CAGR of 8.1%during the forecast period (2022-2028). Consumers are increasingly embracing rhodiola rosea supplements as part of their daily routine as their interest and worries about personal health and well-being grew. The commercial requirement of rhodiola rosea is mostly supplied by wild plants, and rising demand has resulted in overharvesting of the plant, resulting in a shortage of raw material and, as a result, an increase in the price of rhodiola rosea extract-based products. Consumers are becoming more aware of tailored medicines and treatment as their reliance on the internet grows and the health supplement market becomes more volatile. The internet is an important shopping medium that helps to lower obstacles to accessing nutritional supplements on the market.
Rhodiola has long been recognized as an adaptogen, a natural ingredient that boosts the body’s overall stress resilience. Taking adaptogens during times of stress is supposed to help the person cope better with difficult events. Burnout symptoms, which can emerge as a result of persistent stress, have been proven to be improved by Rhodiola. For instance, in March 2022, according to a scientific brief released today by the World Health Organization (WHO), the global prevalence of anxiety and sadness soared by a staggering 25% in the first year of the COVID-19 pandemic.
Some major players in the market include BulkSupplements, Gaia Herbs, Inc., Jarrow Formulas, NOW Health Group, Inc., NutraChamps, Perfect Supplements, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Product Form
- By Application
- By Distribution Channel
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape– BulkSupplements, Gaia Herbs, Inc., Jarrow Formulas, NOW Health Group, Inc., NutraChamps, Perfect Supplements, among others.
A full report Rhodiola Rosea Supplement Market of is available at: https://orionmarketreports.com/rhodiola-rosea-supplement-market/96542/
Global Rhodiola Rosea Supplement Market Report by Segment
By Product Form
- Powder
- Capsule
By Indication
- Anxiety
- Depression
- Fatigue
- Other
By Distribution Channel
- Online
- Offline
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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