Herbal Supplements Global Market Advancements Highlighted by Key Trends Industry Analysis and Growth Opportunities
The herbal supplements market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
What’s The Global Herbal Supplements Market Size?
The herbal supplements market size is expected to see strong growth in the next few years. It will grow to $66.77 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to continued consumer education, expanding aging population, global wellness trend, personalization and customization, market innovations and product diversity. Major trends in the forecast period include eco-friendly packaging solutions, cultural and traditional influences, collaborations and partnerships, rising demand for personalized nutrition.
Top Companies In The Herbal Supplements Market
Major companies operating in the herbal supplements market report are Archer Daniels Midland Company, Glanbia plc, Herbalife Nutrition International of America Inc., NBTY Inc., Dabur India Ltd., Blackmores Limited, Swanson Health Products, Weleda AG, Now Health Group, Nutraceutical International Corporation, Ricola AG, DSM Nutritional Products Ltd., Dr. Willmar Schwabe GmbH & Co. KG, Jarrow Formulas Inc., Taiji Group, Gaia Herbs, Arizona Natural Products LLC, Bio-Botanica Inc., Sunfood Nutraceuticals, Solgar Inc., ABCO Laboratories Inc., Nature’s Bounty Co., Wonder Laboratories, Ancient Greenfields Pvt. Ltd., NaturaLife Asia Co. Ltd., Herbochem Sdn. Bhd., Third Coast Herb Co., Wellness Origin Indy, Kunming Pharmaceutical Corporation, Herbal Africa, Rainbow Light Nutritional Systems Inc., MegaFood, Barlean’s Organic Oils LLC, NutriGold Inc., Premier Health Products Ltd., Z Natural Foods
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Herbal Supplements Market Drivers And Trends with Instances
The rise in health-conscious consumers is significantly boosting the herbal supplements market. Herbal supplements, valued for their health benefits and chemical-free nature, are increasingly used to support diets and address common ailments. The International Food Information Council’s 2022 survey showed that 52% of Americans followed a diet or eating pattern in the past year, up from previous years.
This growing health consciousness is driving the herbal supplements market. Investments in research and development, such as Amway’s collaboration with IIT Bombay to enhance herbal product offerings, are further advancing market growth.
Herbal Supplements Market Segmentation
The herbal supplements market covered in this report is segmented –
1) By Form: Tablets, Capsules, Liquid, Powder And Granules, Soft Gels
2) By Sources: Leaves, Fruits, Roots, Vegetables, Barks
3) By Application: Food And Beverages, Pharmaceuticals, Personal Care
4) By Distribution: Store Based, Non-Store Based
Table of Contents
1. Introduction
• Overview of the Herbal Supplements Market
• Comprehensive Analysis of Herbal Supplements Market
2. Herbal Supplements Market Drivers and Restraints
• Drivers and Restraints For Historic And Forecast Period
3. Herbal Supplements Market Segmentation
• By Form
• By Sources
• By Application
• By Distribution
4. Competitive Landscape And Company Profiles In The Herbal Supplements Market
• Overview
• Products and Services
• Strategy
5. Herbal Supplements Market Regional And Country Analysis
• By Region
• By Country
6. Market Trends And Opportunities In Herbal Supplements Market
• Technological Advancements
• Emerging Trends
7. Herbal Supplements Market Future Outlook and Potential Analysis
• Growth Strategies
• New Opportunities
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Herbal supplements refer to a plant-based substance that is believed to be helpful in maintaining or treating health. It aids in strengthening immunity without causing adverse effects and is more successful in relieving symptoms, particularly when treating allergies.
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