Psyllium Market Analysis By Product Type (Seeds, Husks), By Form (Powder, Capsules, Granules, Wafers), By Origin (Organic, Non-organic), By Application (Dietary Supplements, Healthcare, Pharmaceuticals, Animal Feed, Cosmetics & Personal Care, Industrial), & By Region – Global Market Insights 2023 to 2033
Analysis of Psyllium Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Psyllium Market Outlook (2023 to 2033)
The global psyllium market is valued at US$ 281.77 million in 2023. The market is projected to expand swiftly at a CAGR of 9.2% and reach US$ 679.39 million by the end of 2033.
Rising awareness of various benefits of healthy eating habits is estimated to positively impact demand for psyllium around the world. Dietary concerns among many people are predicted to lead to the rising demand for functional food products that include psyllium. The pharmaceutical value of certain gel-forming psyllium to treat different health conditions, including diarrhea and IDBs (Inflammatory Bowel Diseases) is contributing to its increased demand.
- Sales of psyllium seeds are forecasted to advance at a CAGR of 10.5% and reach US$ 306.4 million by the end of 2033.
- Demand for psyllium in Germany is set to soar at 13.6% CAGR and reach a market valuation of US$ 69.30 million by the end of 2033.
Increasing demand for psyllium along with its derivatives in many cosmetics and personal care products is estimated to boost growth opportunities. Moreover, increasing concerns about qualitative food products and rising consciousness among several people about well-being are predicted to bolster demand for various types of psyllium products over the forecast period.
Rising per capita income is anticipated to lead to the increased spending capacity of respective people on different lifestyle products that include functional foods and nutraceuticals. Furthermore, rapid urbanization is estimated to positively impact the consumption of psyllium due to rising awareness about balanced food. Increasing consciousness about healthy eating habits along with the numerous medicinal advantages of psyllium powder and husk is also boosting its demand.
There are some substitutes to psyllium that are easily available around the world that are forecasted to have adverse impacts on product demand. In addition, the excessive intake of psyllium is predicted to lead to certain health problems that are projected to act as limitations against market growth.
Increased R&D investments by prominent manufacturers, rapid penetration of e-Commerce platforms, and rising use of psyllium products in the animal feed industry are anticipated to generate lucrative opportunities for key market players.
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Psyllium Market Size (2023)
US$ 281.77 Million
Forecasted Market Value (2033)
US$ 679.39 Million
Global Market Growth Rate (2023 to 2033)
India Market Growth Rate (2023 to 2033)
United Kingdom Market Growth Rate (2023 to 2033)
Dietary Supplements Segment Value (2033)
US$ 452.5 Million
China Market Value (2033)
US$ 135.20 Million
Key Companies Profiled
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Which Aspects are Prominently Driving Psyllium Market Growth?
“Surging Demand for Use of Psyllium in Cosmetics & Personal Care Products”
Demand for psyllium is increasing at a significant rate in various cosmetics and personal care products. Rising trends of self-grooming and increasing per capita income are projected to lead to increased expenditure on premium personal care products.
Psyllium is used in numerous personal care products to maintain skin health owing to the presence of some vital nutrients and vitamins. Psyllium-based personal grooming products are significantly used to prevent several skin problems, including acne and rashes.
“Growing Preference for Nutraceuticals and Functional Food Products”
There is a noteworthy increase in the demand for psyllium owing to its versatile properties and various applications. The increasing interest in nutraceuticals and functional food varieties, including psyllium, is predicted to open up opportunities for industry players.
Medicinal and pharmacological properties of psyllium are anticipated to contribute to its increased demand. Psyllium cures illnesses, including diabetes, inflammatory bowel diseases, provocative guts, colon diseases, etc. Moreover, rising interest in natural cures and increasing mindfulness about solid eating habits are estimated to drive market growth.
What’s Denting the Demand Growth for Psyllium Products?
“Excessive Consumption of Psyllium Leading to Health Complications”
Excessive consumption of psyllium husk is estimated to cause various health complications. It is found that certain fiber supplements manufactured from psyllium can interfere with the ability of the body to absorb some medications, including carbamazepine and aspirin, therefore restraining its demand.
“Availability of Intestinal Medicines Limiting Psyllium Consumption”
Sales of psyllium are predicted to encounter certain limitations due to the production of various intestinal medicines. Many people are adopting these medicines as they are available at economical prices. Moreover, the easy availability of intestinal medicines is predicted to adversely impact the demand for psyllium around the world over the coming 10 years.
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Which Initiatives are Start-ups Taking to Enhance Their Market Position?
“Focus on Development of Chemical-free Natural Compounds”
Product quality, hygiene, and taste are some key parameters that are estimated to help new entrants to increase their profit share. New companies that are providing information about pack contents and ingredients are predicted to gain consumers’ loyalty due to the rising demand for chemical-free natural compounds. Increased investment by new players in R&D activities to provide organic products is also estimated to help them to increase their profit share.
Which Determinant is Estimated to Boost the Sales of Psyllium in the United States?
“Growing Consumption of Dietary Supplements”
The United States market is projected to advance at a CAGR of 9.7% and reach a valuation of US$ 65.90 million by the end of 2033.
A majority of Americans are emphasizing the consumption of dietary supplements, including psyllium. They are also looking for functional ingredients that come with higher nutritional values. Therefore, an increase in the consumption of psyllium is estimated to be experienced in the country.
Why are Manufacturers of Psyllium Concentrating on the United Kingdom and Germany?
“Rising Consumption of Functional Food Products Due their Various Benefits”
Sales of psyllium in the United Kingdom market are estimated to expand at a CAGR of 11% and reach a value of US$ 55.03 million by the end of 2033. Demand for psyllium in Germany is predicted to register a CAGR of 13.6% and reach US$ 69.30 million by the end of 2033.
Increasing traction for healthy eating habits along with growing trends of wellness and health is predicted to have a positive impact on sales of functional food products, including psyllium. These countries are estimated to experience an increase in the demand for industrial husk over the coming decade.
Why are Manufacturers of Psyllium Significantly Investing in India?
“India: A Prominent Producer and Exporter of Psyllium”
Sales of psyllium in India are anticipated to advance at a CAGR of 12.4% and reach a valuation of US$ 259.52 million by the end of 2033. India holds a significant share in the production and export of psyllium. Germany and the United States are noteworthy importers of psyllium seeds and husks respectively.
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Why is Consumption of Psyllium Seeds Increasing at a Prolific Rate?
“Increasing Use of Psyllium Seeds for Pharmaceutical Purposes”
Demand for psyllium seeds is forecasted to expand at a CAGR of 10.5% and reach a valuation of US$ 306.4 million by the end of 2033.
Psyllium seeds are widely used in the pharmaceutical sector for multiple purposes, including the extraction of husks, etc. They are helpful to relieve diarrhea and constipation. In addition, they are also used to regulate blood sugar levels among diabetic patients and to treat hemorrhoids, irritable bowel syndrome, and other intestinal problems.
What Makes Psyllium a Popular Choice in Dietary Supplements?
“High Fiber Content of Psyllium Contributing Its Increased Use in Dietary Supplements”
Demand for psyllium in dietary supplements is projected to advance at a CAGR of 10.3% and reach US$ 452.5 million by the end of 2033.
Psyllium is used at a significant rate with other diet enhancers because of its high fiber value. Psyllium is consumed to fortify breakfast cereals. In addition, the consumption of psyllium is increasing in the organic food industry, particularly in some pet food. Diuretic and fibrous properties of psyllium are anticipated to boost its demand over the forecast period.
Key Market Players
Leading suppliers of psyllium are focusing on providing more effective, user-friendly, and natural products to target end users. They are investing in numerous R&D activities to provide psyllium products with clean labels and natural ingredients. Maintaining supply chain systems, ensuring product standards, etc., are some other noteworthy aspects that are projected to help industry players to gain a competitive edge in the market.
Key players in the psyllium market are Gayatri Psyllium Industries, Balisana Isabgol, JYOT Overseas Pvt. Ltd., Ispasen Remedies, Metamucil, Nature’s Way, Premcem Gums Pvt. Ltd., NOW Foods, K V Agro Products Ltd., Natren, Psyllium Labs LLC, Rainbow Light, Shubh Psyllium Industries, Shree Mahalaxmi Psyllium Pvt. Ltd., and Satnam Psyllium Industries.
Segmentation of Psyllium Industry Research
By Product Type :
By Form :
By Origin :
By Application :
- Dietary Supplements
- Animal Feed
- Cosmetics & Personal Care
By Region :
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
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The global psyllium market stands at US$ 281.77 million in 2023.
Worldwide demand for psyllium is predicted to soar at a CAGR of 9.2% from 2023 to 2033.
Sales of psyllium seeds are projected to increase at a significant rate and reach US$ 306.4 million by 2033.
The psyllium market in the United Kingdom is forecasted to expand at a CAGR of 11% through 2033.
Sales of psyllium in China are forecasted to register a prolific CAGR of 10.1% from 2023 to 2033.
Demand for psyllium in the Indian market is projected to surge at a CAGR of 12.4% from 2023 to 2033.
The global market for psyllium is forecasted to reach US$ 679.39 million by the end of 2033.