Global Herbal Supplements Industry Survey, Trends, Outlook, Overview and 2023 Forecast

Market Research Future adds new report of “Global Herbal Supplements Market Research Report- Forecast to 2023” it contains Company information, geographical data and Table of Content

Market Synopsis of Herbal Supplements

Market Scenario:

Herbal health supplements are herbal health products obtained from leaf, bark, seed, shell and other parts of plants which contains specific characteristics. Herbal supplements which are intended to provide the nutrients that may not be consumed in sufficient quantities by consumer due to lack of knowledge or unbalance diet. There are different types of herbal supplements available in the market which helpful to boost specific functionality in the human body. Herbal supplements for antioxidant, anti-aging and weight loss properties are highly in demand across the globe. Availability of herbal supplements in different delivery format and improvement in distribution channels will change the market dynamics in upcoming years.

Market Segments

  • Herbal supplements product has been segmented on the basis of Ingredients which comprises Stevia, Ginseng, Ginkgo, Epimedium, Green tea, Hawthorn, Aloe Vera
  • Herbal supplements product has been segmented on the basis of Delivery Format which comprises Capsule, liquid, Tablet, Powder
  • Herbal supplements product has been segmented on the basis of Function which Beauty Products, Antioxidant Digestive system, Weight loss, memory improvement, Regulation of blood system, Anti-aging

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Key Findings:

  • Capsule delivery format of herbal supplements is evaluated to grow at a higher rate compare to other delivery format of herbal supplements
  • Herbal Supplements for weight loss function will witness higher growth during the forecast period

Study Objectives of Herbal Supplements Market

  • Detail analysis of the market’s segments and sub-segments
  • To estimate and forecast market size by Ingredients, form, delivery format, function and region
  • To analyze key driving forces which are influencing the market
  • Region level market analysis and market estimation of North America, Europe, Asia, and rest of the world (ROW) and their countries
  • Value chain analysis & supply chain analysis of Herbal Supplements Market
  • Company profiling of major players in the market
  • Competitive strategy analysis and mapping key stakeholders in the market
  • Analysis of historical market trends and technologies along with current government regulatory requirements

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Key Players

The key players profiled in the Global Herbal Supplements Market are

  • Archer-Daniels-Midland Co. (U.S.)
  • Herbalife International of America, Inc. (U.S.)
  • Glanbia PLC (Ireland)
  • Ricola (Switzerland)
  • NBTY (U.S.)
  • Blackmores Limited (Australia)
  • Naturalife Asia Co. Ltd. (Seoul, Korea)

Intended Audience 

  • Herbal Supplements manufacturers
  • Pharmaceutical Industry
  • Agriculture Industry
  • Retailers and wholesalers
  • Traders, importers and exporters

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Regional Analysis

The Global Herbal Supplements Market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Asia Pacific region has the major market share followed by Europe region. Increasing Rising demand of herbal supplements for different functions mainly as an antioxidant, anti-aging and beauty products is boosting the herbal supplement market in Asia Pacific region. North America region will witness significant growth backed by growing demand of high quality herbal supplements especially from developed countries like U.S. and Canada. Increasing health awareness about health benefits of herbal supplements will play major to gain consumer attraction across the globe.

The Global Herbal Supplements Market is segmented under the following regions mentioned below:

North America

  • S.
  • Canada
  • Mexico

Europe

  • Germany
  • France
  • Italy
  • Spain
  • K.
  • Rest of Europe

Asia-Pacific

  • China
  • India
  • Australia
  • Japan
  • Rest of Asia Pacific

Rest of the world

  • Iran
  • Turkey
  • Saudi Arabia
  • South Africa

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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