| Product Code: ETC13083202 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Belgium continued to import significant quantities of ashwagandha extract, with top exporters including Metropolitan France, China, Spain, India, and Germany. Despite the diverse sources, the market remained relatively unconcentrated, as indicated by the low Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was -2.15%, suggesting a slight decline in demand over the period. However, there was a positive growth rate of 4.43% from 2023 to 2024, indicating a potential resurgence in interest for ashwagandha extract in the Belgian market.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium Ashwagandha Extract Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Ashwagandha Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Ashwagandha Extract Market - Industry Life Cycle |
3.4 Belgium Ashwagandha Extract Market - Porter's Five Forces |
3.5 Belgium Ashwagandha Extract Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Belgium Ashwagandha Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Belgium Ashwagandha Extract Market Revenues & Volume Share, By Ingredient Type, 2021 & 2031F |
3.8 Belgium Ashwagandha Extract Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Belgium Ashwagandha Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of ashwagandha extract |
4.2.2 Growing demand for natural and herbal supplements |
4.2.3 Rising prevalence of stress-related disorders and increasing focus on mental health |
4.3 Market Restraints |
4.3.1 Limited availability of high-quality ashwagandha extract |
4.3.2 Regulatory challenges related to herbal supplement industry in Belgium |
5 Belgium Ashwagandha Extract Market Trends |
6 Belgium Ashwagandha Extract Market, By Types |
6.1 Belgium Ashwagandha Extract Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Ashwagandha Extract Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Belgium Ashwagandha Extract Market Revenues & Volume, By Powder, 2021 - 2031F |
6.1.4 Belgium Ashwagandha Extract Market Revenues & Volume, By Capsules, 2021 - 2031F |
6.1.5 Belgium Ashwagandha Extract Market Revenues & Volume, By Tincture, 2021 - 2031F |
6.2 Belgium Ashwagandha Extract Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Belgium Ashwagandha Extract Market Revenues & Volume, By Supplements, 2021 - 2031F |
6.2.3 Belgium Ashwagandha Extract Market Revenues & Volume, By Skincare, 2021 - 2031F |
6.2.4 Belgium Ashwagandha Extract Market Revenues & Volume, By Cognitive Health, 2021 - 2031F |
6.3 Belgium Ashwagandha Extract Market, By Ingredient Type |
6.3.1 Overview and Analysis |
6.3.2 Belgium Ashwagandha Extract Market Revenues & Volume, By Herbal Extract, 2021 - 2031F |
6.3.3 Belgium Ashwagandha Extract Market Revenues & Volume, By Adaptogen, 2021 - 2031F |
6.3.4 Belgium Ashwagandha Extract Market Revenues & Volume, By Adaptogenic Herb, 2021 - 2031F |
6.4 Belgium Ashwagandha Extract Market, By Form |
6.4.1 Overview and Analysis |
6.4.2 Belgium Ashwagandha Extract Market Revenues & Volume, By Capsule, 2021 - 2031F |
6.4.3 Belgium Ashwagandha Extract Market Revenues & Volume, By Tablet, 2021 - 2031F |
6.4.4 Belgium Ashwagandha Extract Market Revenues & Volume, By Liquid, 2021 - 2031F |
7 Belgium Ashwagandha Extract Market Import-Export Trade Statistics |
7.1 Belgium Ashwagandha Extract Market Export to Major Countries |
7.2 Belgium Ashwagandha Extract Market Imports from Major Countries |
8 Belgium Ashwagandha Extract Market Key Performance Indicators |
8.1 Consumer awareness and perception of ashwagandha extract benefits |
8.2 Number of new product launches containing ashwagandha extract in the Belgian market |
8.3 Research and development investments in innovative formulations and applications of ashwagandha extract |
9 Belgium Ashwagandha Extract Market - Opportunity Assessment |
9.1 Belgium Ashwagandha Extract Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Belgium Ashwagandha Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Belgium Ashwagandha Extract Market Opportunity Assessment, By Ingredient Type, 2021 & 2031F |
9.4 Belgium Ashwagandha Extract Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Belgium Ashwagandha Extract Market - Competitive Landscape |
10.1 Belgium Ashwagandha Extract Market Revenue Share, By Companies, 2024 |
10.2 Belgium Ashwagandha Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |