Worldwide Herbal Supplements Market is anticipated to hit $ 92.95 billion by 2023 at a CAGR of 7.1%

Ozone Market Reports projects that the Herbal Supplements market size will grow from USD 61.59 Billion in 2017 to USD 92.95 Billion by 2023, at an estimated CAGR of 7.1%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

The herbal supplements market based on sources has been segmented into leaves, barks, fruits & vegetables, and roots. Leaves of herbal plants contain medicinal properties, which are extracted for the production of herbal supplements. Ginkgo biloba and Camellia sinensis (green tea) are some of the common leaf extracts used to make these supplements. The demand for herbal products in medicines, food & beverage, and cosmetics has led to the growth of the leaves segment in the herbal supplements market.

By Market Players:
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. ,

By Source:
Leaves , Barks , Fruits & Vegetables , Roots , Others

By Application:
Pharmaceuticals , Food & Beverages , Personal Care , Others,

By Function:
Medicinal , Aroma , Other Functions, ,

By Form:
Capsules & Tablets , Powder , Syrups , Oils , Others
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