Global Herbal Supplements
Market Report
2024
The global Herbal Supplements market size is USD 98.2 billion in 2024. The Herbal Supplements market will show strongest growth with a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031. This growth can be attributed to an escalating prevalence of health conditions.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Herbal Supplements market size is USD 98.2 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Herbal Supplements Market Sales Revenue 2024 | $ 98.2 Billion |
Global Herbal Supplements Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.7% |
Market Split by Source |
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Market Split by Function |
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Market Split by Form |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Herbal Supplements industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Herbal Supplements Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Herbal dietary supplements, which are also referred to as botanicals or plants, are a form of therapeutic dietary supplement. The primary objective of these plant-based dietary supplements is to enhance health. Active ingredients that are derived from botanicals are present in herbal supplements. Commercially available in the form of tablets, capsules, granules, or liquids, these dietary supplements possess medicinal properties. They are predominantly employed to treat a variety of maladies due to their medicinal properties. The demand for botanical supplements is anticipated to increase globally, with a particular emphasis on emergent economies, as a result of increasing disposable income levels and increased health and wellness expenditure.
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In July 2021, Nature Spoon LLC has been acquired by GenTech Holdings, a US-based company that specializes in the production of functional foods (like Nature Spoon). With this acquisition, GenTech Holdings expanded its product portfolio and geographical reach. The agreement also grants GenTech Holdings access to a new consumer segment.
(Source:https://www.fs.usda.gov/rm/pubs_series/wo/wo_ah732.pdf)
Top Companies Market Share in Herbal Supplements Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, Asia-Pacific dominated the market in 2024 and accounted for around 40% of the global revenue. The extensive use of traditional medicine in the treatment of a variety of diseases is one of the primary factors contributing to the regional market's largest share. A substantial geriatric population and an increasing number of botanical product exports are both contributing to market expansion. From China and India, herbal supplements are exported at the highest rates.
North America stands out as the fastest-growing region in the Herbal Supplements market. In the region, the industry is experiencing significant development due to the growing awareness of botanical-infused supplements and the increasing consumption of dietary supplements. The region is also expected to experience substantial development as a result of the region's high rates of obesity, which are caused by a diet that is devoid of any animal-based products, the rise of veganism, and increased awareness.
The current report Scope analyzes Herbal Supplements Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Herbal Supplements Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Herbal Supplements Industry growth. Herbal Supplements market has been segmented with the help of its Source, Function Form, and others. Herbal Supplements market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Herbal Supplements market.
Source of Herbal Supplements analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Herbal Supplements Industry. Request a Free Sample PDF!
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Herbal Supplements from 2019 to 2031. This will also help to analyze the demand for Herbal Supplements across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Function of Herbal Supplements are:
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Herbal Supplements market report 2024 Edition by contacting our team.
According to cognitive market research, Capsules & tablets is the dominant category as a result of the availability of a variety of botanical supplements in a variety of shapes and sizes, which are determined by the dosage in this form. Tablets and capsules are experiencing market expansion as a result of the increasing consumer preference for their user-friendliness. Additionally, the demand for tablets in the herbal supplement market has been increased by the rapid expansion of the pharmaceutical industry in emerging markets, including China and India.
Senior Research Associate at Cognitive Market Research
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over 3+ years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies. Her expertise lies in the ability to analyze complex data sets and deliver insights that drive business decisions. At Cognitive Market Research, she handles the market research related to Pharma and healthcare industry.
I am a dedicated and detail-oriented research analyst, committed to unraveling the stories hidden within data. With a solid foundation in market research & analysis, I thrive in the dynamic realm of research, where every dataset presents an opportunity for discovery. My passion lies in utilizing innovative approaches to distill complex information into strategic insights that empower organizations to make informed decisions.
I am committed to continuous professional development, regularly participating in workshops, attending conferences, and staying attuned to emerging trends in research methodologies to maintain the highest standards in my work. I played a vital role in conducting market research and competitive analysis. I have a proven track record of synthesizing diverse datasets, employing statistical models, and presenting comprehensive insights. My collaborative approach with cross-functional teams facilitated effective communication of findings, fostering a culture of data-driven decision-making within the organization.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Herbal Supplements Market is witnessing significant growth in the near future.
In 2023, the Leaves segment accounted for noticeable share of global Herbal Supplements Market and is projected to experience significant growth in the near future.
The Medicinal segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Archer Daniels Midland Company , Herbalife International of America and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Source | Leaves, Barks, Fruits & vegetables, Roots |
Function | Medicinal, Aroma |
Form | Capsules & tablets, Powder, Syrups, Oils |
Application | Pharmaceuticals, Food & beverages, Personal care |
List of Competitors | Archer Daniels Midland Company, Glanbia PLC, Herbalife International of America, Inc., Blackmores Limited, Nutraceutical International Corporation, Nbty, Inc., Arizona Natural Products, Ricola AG, Naturalife Asia Co., Ltd., Bio-Botanica Inc. |
This chapter will help you gain GLOBAL Market Analysis of Herbal Supplements. Further deep in this chapter, you will be able to review Global Herbal Supplements Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Herbal Supplements Market Trends North America Herbal Supplements Technological Road Map North America Herbal Supplements Market Drivers North America Herbal Supplements Market Restraints North America Herbal Supplements Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
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Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Source Analysis 2019 -2031, will provide market size split by Source. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Source Analysis 2019 -2031
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Chapter 11 Market Split by Function Analysis 2019 -2031
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Chapter 12 Market Split by Form Analysis 2019 -2031
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Chapter 13 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Herbal Supplements market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Leaves have a significant impact on Herbal Supplements market? |
What are the key factors affecting the Leaves and Barks of Herbal Supplements Market? |
What is the CAGR/Growth Rate of Medicinal during the forecast period? |
By type, which segment accounted for largest share of the global Herbal Supplements Market? |
Which region is expected to dominate the global Herbal Supplements Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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