Global Herbal Supplements Market By Product (Moringa, Echinacea, Flaxseeds, Turmeric, Ginger, Ginseng), Formulation (Tablets, Capsules, Liquid, Powder & Granules, Soft Gels, Others), Consumer (Pregnant Women, Adult, Paediatric, Geriatric), Source (Leaves, Fruits & Vegetable, Barks, Roots, Others), Function (Medicinal, Aroma, Others), Application (Pharmaceutical, Personal Care, Food & Beverages, Others), Distribution Channel (Offline Stores, Online Stores), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa), Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Herbal Supplements Market
Herbal supplements market is expected to reach USD 85.1 billion by 2027 growing at a growth rate of 6.60% in the forecast period 2020 to 2027. Growing demand for natural products among population will create new opportunity for the market.
Rising awareness about preventive healthcare among population is expected to enhance the market growth. Some of the other factors such as increasing cases of chronic diseases, rising disposable income, rising awareness about the advantages of herbal supplements, growing demand for dietary supplements among population and increasing health consciousness among population will further accelerate the herbal supplements market in the forecast period of 2020 to 2027.
Strict rules & regulations associated with the herbal supplements and fewer acknowledgements are expected to hamper the market growth in the mentioned forecast period.
This herbal supplements market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research herbal supplements market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Herbal Supplements Market Scope and Market Size
Herbal supplements market is segmented of the basis of product, formulation, consumer, source, function, application and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product, the herbal supplements market is segmented into moringa, echinacea, flaxseeds, turmeric, ginger and ginseng.
- Formulation segment of the herbal supplements market is divided into tablets, capsules, liquid, powder & granules, soft gels and others.
- Based on consumer, the herbal supplements market is segmented into pregnant women, adult, paediatric and geriatric.
- The source segment is divided into leaves, fruits & vegetable, barks, roots and others.
- On the basis of function, the herbal supplements market is divided into medicinal, aroma and others.
- Based on application, the herbal supplements market is segmented into pharmaceutical, personal care, food & beverages and others.
- On the basis of distribution channel, the herbal supplements market is divided into offline stores and online stores.
Herbal Supplements Market Country Level Analysis
Herbal supplements market is analyses and market size, volume information is provided by product, formulation, consumer, source, function, application and distribution channel as referenced above.
The countries covered in the herbal supplements market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Asia-Pacific dominates the herbal supplements market in the forecast period 2020 to 2027. This is due to growing prevalence for conventional medicine for better disease management and rising geriatric population is expected to enhance the demand for herbal supplements in the region.
The country section of the herbal supplements market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Herbal Supplements Market Share Analysis
Herbal supplements market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to herbal supplements market.
The major players covered in the herbal supplements report are Jarrow Formulas, Inc., Gaia Herbs, NOW Foods, Bio-Botanica Inc., NBTY, Solgar Inc., Ancient GreenFields Pvt Ltd., Bactolac Pharmaceutical, Inc., Bionova., Sunfood Nutraceuticals, SMPNutra.com, Cedar Bear Naturales, Biolife Technologies, ABH nature's products., Atlantic Essentials Products, INC., TVS Biotech, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
Customization Available : Global Herbal Supplements Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.