Shilajit Market Size and Share

Shilajit Market (2025 - 2030)
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Shilajit Market Analysis by Mordor Intelligence

The shilajit market size is expected to reach USD 203.44 million in 2025 and is projected to reach USD 324.20 million by 2030, advancing at a 9.13% CAGR. The trajectory reflects accelerating demand for plant-based adaptogens, clearer regulatory pathways for fulvic-acid-standardized formulas, and rising consumer interest in healthy aging. Heritage positioning continues to anchor growth in Asia-Pacific, while clinical validation and clean-label claims drive adoption among North American shoppers. Innovation in delivery formats, from water-soluble powders to gummies, broadens the appeal of an ingredient once restricted to traditional resin forms. At the same time, the shilajit market faces pressing quality-control challenges that elevate the importance of third-party testing and traceable sourcing for brands seeking a durable competitive advantage.

Key Report Takeaways

  • By grade/quality, standard grade held 36.98% of the shilajit market share in 2024, whereas organic grade is set to expand at a 13.87% CAGR through 2030.
  • By form, capsules and tablets led with 34.08% revenue share in 2024; resin is forecast to grow at a 10.24% CAGR to 2030.
  • By application, sexual wellness captured 31.35% of the shilajit market size in 2024, while anti-aging is advancing at a 12.46% CAGR during the outlook period.
  • By distribution channel, pharmacies and drugstores accounted for 26.14% of the shilajit market share in 2024, yet online retail is climbing at an 11.84% CAGR on the back of digital-first purchasing habits.
  • By geography, Asia-Pacific commanded 39.75% of the shilajit market share in 2024; North America registers the fastest regional CAGR at 12.11% to 2030.

Segment Analysis

By Grade/Quality: Organic Certification Drives Premium Growth

In 2024, Standard Grade shilajit holds a 36.98% market share, underscoring its acceptance among mainstream consumers who prioritize basic quality and are price-sensitive in mass market channels. Meanwhile, Organic Grade variants are on a growth trajectory, expanding at a 13.87% CAGR through 2030. This surge is fueled by a rising consumer appetite for certified organic credentials and a readiness to pay premium prices for assured quality. Premium Grade products find their niche in the market, catering to discerning consumers who desire heightened purity standards but aren't fully committed to the certification process of organic variants.

This trend towards organic certification mirrors a larger shift in consumer behavior, emphasizing transparency and environmental stewardship. As a result, organic supplement sales are outpacing their conventional counterparts across all categories. Obtaining USDA Organic certification for shilajit is no small feat; it demands meticulous documentation of every step, from sourcing to processing and handling[3]Source: USDA, “National Organic Program Handbook,” usda.gov. Such rigorous standards create formidable barriers, favoring established manufacturers equipped with the necessary compliance infrastructure. This nuanced quality segmentation is especially evident in North America and Europe. Here, robust regulatory frameworks bolster organic labeling claims, and consumers exhibit a pronounced willingness to pay a premium for certified products.

Shilajit Market: Market Share by Grade or Quality
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

By Form: Resin Authenticity Challenges Capsule Convenience

In 2024, capsules and tablets command a 34.08% market share, reaping benefits from standardized dosing, extended shelf life, and a consumer base familiar with these traditional supplement formats. Convenience plays a pivotal role in mainstream market penetration; capsule formats sidestep taste barriers and dosing uncertainties, challenges that resin formats grapple with. While powder forms cater to those desiring versatile consumption methods, the "Others" category showcases emerging formats like gummies and liquid concentrates, tailored to specific consumer tastes.

Resin forms, though holding a smaller market share, are witnessing the fastest growth at a 10.24% CAGR. This surge is fueled by authenticity-driven consumers gravitating towards minimally processed alternatives and traditional consumption methods. The upward trajectory of resin growth underscores a more discerning consumer base, one that values processing methods and bioavailability. Educated consumers are increasingly aware that resin forms boast higher concentrations of bioactive compounds than their processed counterparts. Yet, the journey isn't without hurdles; resin formats grapple with issues of adulteration and the challenge of quality verification. Many consumers find themselves at a disadvantage, lacking reliable methods to gauge authenticity without resorting to laboratory tests.

By Application: Anti-Aging Momentum Challenges Sexual Wellness Leadership

In 2024, sexual wellness applications command a 31.35% market share, underscoring the established consumer awareness of shilajit's adaptogenic benefits for male vitality and performance. This segment thrives on direct-to-consumer marketing and social media, especially resonating with younger males who prefer natural solutions over pharmaceuticals. While applications for general health and immunity see consistent demand, beauty and skincare are emerging as consumers increasingly acknowledge fulvic acid's topical advantages.

Anti-aging applications, growing at a robust 12.46% CAGR, are fueled by a societal shift towards valuing healthspan over mere appearance. As baby boomers gravitate towards natural remedies for age-related issues, millennials are proactively embracing wellness strategies. This diversification in applications not only lessens the market's reliance on sexual wellness but also paves the way for marketing claims centered on cellular health, energy, and cognition. Furthermore, the anti-aging emphasis allows for premium pricing, with consumers showing a readiness to invest in solutions addressing multiple age-related challenges.

Shilajit Market: Market Share by Application
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

By Distribution Channel: E-commerce Disrupts Traditional Retail

In 2024, pharmacies and drugstores command a 26.14% market share, bolstered by professional endorsements and a deep-rooted consumer trust in traditional healthcare avenues. These time-honored channels not only lend credibility to shilajit products but also offer consultations, guiding consumers on proper usage and potential interactions. Meanwhile, supermarkets and hypermarkets cater to price-sensitive shoppers prioritizing convenience, and specialty health stores, along with direct-to-consumer avenues, round out the retail landscape. Online retail is on an upward trajectory, boasting an 11.84% CAGR, a testament to the seismic shifts in consumer buying habits, hastened by digital evolution and a pandemic-fueled e-commerce boom. 

This online surge finds its backbone in a younger demographic, notably at ease with purchasing supplements online. Yet, this digital expansion isn't without its hurdles: the rise of counterfeit products on major e-commerce platforms poses significant quality control challenges. This reality pushes genuine manufacturers to bolster brand protection efforts and ramp up consumer education. Furthermore, the evolution of online channels paves the way for direct-to-consumer strategies, enhancing profit margins and equipping manufacturers with invaluable consumer insights for refining product development and marketing strategies.

Geography Analysis

In 2024, Asia-Pacific secures a commanding 39.75% share of the market, capitalizing on its rich heritage in traditional medicine, well-established supply chains, and burgeoning manufacturing hubs in India, China, and Southeast Asia. The region's cultural affinity for Ayurvedic practices, combined with lower production costs, facilitates competitive pricing strategies. India's nutraceutical market, currently valued between USD 4-5 billion, is on track to surge to an estimated USD 18 billion by 2025, with shilajit playing a pivotal role in this growth[4]Source: Food Processing Ministry of India, “Indian Nutraceutical Market Outlook 2025,” fpoinida.gov.in. Manufacturers in the region are not only deepening their roots in the domestic market through heritage-centric branding and traditional medicine integration but are also setting their sights on lucrative export opportunities.

North America stands out as the region with the most rapid growth, boasting a robust 12.11% CAGR projected through 2030. This surge is largely attributed to a rising consumer inclination towards natural wellness solutions and clearer regulations surrounding dietary supplement safety. A testament to this growth is the U.S. emerging as the leading importer of health foods from China in 2024, underscoring a trend towards supply chain diversification and an escalating appetite for natural health products. North American consumers exhibit a pronounced willingness to invest in premium products, especially those with quality certifications. This trend paves the way for strategic positioning of value-added offerings. Furthermore, the region's advanced distribution networks and adept digital marketing strategies play a crucial role in educating consumers and bolstering brand recognition.

While Europe, South America, and the Middle East and Africa may represent smaller markets, they are witnessing notable growth, albeit with unique regulatory landscapes and consumer inclinations. In Europe, there's a pronounced emphasis on organic certifications and sustainability. In contrast, the emerging markets of South America and the MEA region prioritize affordability and fundamental quality benchmarks. This geographic diversification not only mitigates concentration risks but also opens doors for tailored product development and marketing strategies attuned to regional nuances.

Shilajit Market CAGR (%), Growth Rate by Region
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Get Analysis on Important Geographic Markets
Download PDF

Competitive Landscape

The shilajit market is highly fragmented, with the top five players holding only a small share. This scenario presents both opportunities for consolidation and challenges for competition. The fragmentation arises from several factors: low entry barriers for basic product manufacturing, varied consumer preferences for quality and format, and a lack of dominant brand recognition, unlike more established supplement categories. Companies with strong quality control and supply chain verification are at an advantage, especially as regulatory scrutiny tightens over concerns like heavy metal contamination and product authenticity.

Strategic trends show a divide: heritage-based positioning versus scientific validation. Traditional Ayurvedic firms such as Dabur and Baidyanath emphasize cultural authenticity, while newer players prioritize standardized formulations backed by clinical research. Patent filings in nutraceutical compositions highlight a trend of innovation, particularly in blending shilajit with other botanicals. For instance, applications for mineral pitch resin products underscore a focus on safety standards and enhanced bioavailability, as noted by Justia Patents.

Leading manufacturers are turning to technology, especially in quality assurance and supply chain transparency. Many are adopting blockchain tracking systems and third-party testing protocols, aiming to set their authentic products apart from counterfeits. Given the market's fragmented nature, there's a significant opportunity for companies to carve out trusted brands, provided they maintain consistent quality and implement effective consumer education strategies. For instance, companies that can effectively communicate the health benefits of shilajit, backed by scientific research, stand to gain a loyal customer base. Additionally, partnerships with health professionals for endorsements can further bolster brand credibility and trust in the market.

Shilajit Industry Leaders

  1. Pürblack

  2. Pure Himalayan Shilajit

  3. Dabur

  4. Baidyanath

  5. Nootropics Depot

  6. *Disclaimer: Major Players sorted in no particular order
Shilajit Market
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Need More Details on Market Players and Competitors?
Download PDF

Recent Industry Developments

  • June 2025: Dabur India launched its nutraceutical brand "Siens by Dabur," focusing on beauty, daily wellness, and gut health products, utilizing Japanese technology and marine collagen formulations. This strategic diversification represents Dabur's entry into the global nutraceuticals market beyond traditional Ayurvedic products, targeting science-backed ingredients to meet evolving consumer expectations.
  • May 2025: Baidyanath introduced 27 nutraceutical products under the Siddhayu brand at Vitafoods Europe 2025, targeting men's and women's health, healthy aging, and kids' nutrition with scientifically backed ingredients.
  • May 2025: Pharmavite celebrated the grand opening of its new USD 200 million gummy manufacturing facility in New Albany, Ohio, featuring a "Gummies Innovation Center of Excellence" for R&D of new gummy products.
  • April 2025: Steadfast Nutrition launched SteadShilajit Gold, a multifunctional supplement featuring shilajit, 24K gold (Swarna Vark), and Ayurvedic herbs like ashwagandha. The product targets enhanced vitality, fatigue combat, and cognitive health with high fulvic acid concentration, available in over 500 retail stores and online platforms.

Table of Contents for Shilajit Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rise of Functional and Goal-Oriented Supplements
    • 4.2.2 Innovation in Product Formulations and Formats
    • 4.2.3 Regulatory Recognition of Fulvic-acid-standardised Shilajit
    • 4.2.4 Heritage-Based Branding and Ayurveda’s Globalization
    • 4.2.5 Social-media–driven awareness in Gen-Z male wellness
    • 4.2.6 Inclusion of Shilajit in multi-herb gummies for women’s vitality
  • 4.3 Market Restraints
    • 4.3.1 Heavy Metal and Mycotoxin Contamination Risks
    • 4.3.2 Raw Material Scarcity and Geographic Dependence
    • 4.3.3 Adulteration and Unregulated Market Players
    • 4.3.4 Counterfeit Resin Proliferation on Online Marketplaces
  • 4.4 Consumer Demand Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Porter’s Five Forces
    • 4.6.1 Threat of New Entrants
    • 4.6.2 Bargaining Power of Buyers/Consumers
    • 4.6.3 Bargaining Power of Suppliers
    • 4.6.4 Threat of Substitute Products
    • 4.6.5 Intensity of Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Grade/Quality
    • 5.1.1 Standard Grade
    • 5.1.2 Premium Grade
    • 5.1.3 Organic Grade
  • 5.2 By Form
    • 5.2.1 Resin
    • 5.2.2 Capsules/Tablets
    • 5.2.3 Powder
    • 5.2.4 Others
  • 5.3 By Application
    • 5.3.1 Sexual Wellness
    • 5.3.2 Anti-aging
    • 5.3.3 General Health/Immunity
    • 5.3.4 Beauty and Skincare
    • 5.3.5 Others
  • 5.4 By Distribution Channel
    • 5.4.1 Supermarkets/Hypermarkets
    • 5.4.2 Pharmacies and Drugstores
    • 5.4.3 Online Retail
    • 5.4.4 Other Retail Distributors
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Rest of North America
    • 5.5.2 Europe
    • 5.5.3 Asia-Pacific
    • 5.5.3.1 India
    • 5.5.3.2 Rest of Asia-Pacific
    • 5.5.4 South America
    • 5.5.5 Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
    • 6.4.1 Pure Himalayan Shilajit
    • 6.4.2 Purblack
    • 6.4.3 Dabur
    • 6.4.4 Baidyanath
    • 6.4.5 Nootropics Depot
    • 6.4.6 aSquared Nutrition
    • 6.4.7 ACTIZEET
    • 6.4.8 Angel Gummies
    • 6.4.9 Blisque
    • 6.4.10 CHOQ LLC
    • 6.4.11 Vedikroots
    • 6.4.12 Dorado Nutrition
    • 6.4.13 Elm & Rye
    • 6.4.14 Lotus Blooming Herbs
    • 6.4.15 Natural Shilajit
    • 6.4.16 Nootrum
    • 6.4.17 Pahadi Amrut
    • 6.4.18 Rasayanam Ayurveda
    • 6.4.19 Upakarma Ayurveda
    • 6.4.20 Sunfood

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Global Shilajit Market Report Scope

By Grade/Quality
Standard Grade
Premium Grade
Organic Grade
By Form
Resin
Capsules/Tablets
Powder
Others
By Application
Sexual Wellness
Anti-aging
General Health/Immunity
Beauty and Skincare
Others
By Distribution Channel
Supermarkets/Hypermarkets
Pharmacies and Drugstores
Online Retail
Other Retail Distributors
By Geography
North America United States
Rest of North America
Europe
Asia-Pacific India
Rest of Asia-Pacific
South America
Middle East and Africa
By Grade/Quality Standard Grade
Premium Grade
Organic Grade
By Form Resin
Capsules/Tablets
Powder
Others
By Application Sexual Wellness
Anti-aging
General Health/Immunity
Beauty and Skincare
Others
By Distribution Channel Supermarkets/Hypermarkets
Pharmacies and Drugstores
Online Retail
Other Retail Distributors
By Geography North America United States
Rest of North America
Europe
Asia-Pacific India
Rest of Asia-Pacific
South America
Middle East and Africa
Need A Different Region or Segment?
Customize Now

Key Questions Answered in the Report

What is the current size of the shilajit market?

The shilajit market size is valued at USD 203.44 million in 2025 and is projected to reach USD 324.20 million by 2030 at a 9.13% CAGR.

Which region leads the shilajit market and which is growing fastest?

Asia-Pacific leads with 39.75% market share in 2024, while North America shows the fastest growth at a 12.11% CAGR through 2030.

Which product grade is expanding most rapidly?

Organic grade products are expanding at a 13.87% CAGR, outpacing standard and premium grades.

How are online channels impacting shilajit sales?

Online retail is advancing at an 11.84% CAGR, driven by convenience and direct-to-consumer strategies, but also faces challenges from counterfeit products.

Page last updated on: