US Herbal Supplements Market 2019 Size at a Projected CAGR Of 7.9 % with Key Players Vitakem Nutraceutical, Arizona Natural Products, ABH Pharma, Sunfood Nutraceuticals, Herb Pharm

Adroit Market Research published a report on the, “US Herbal Supplements Market Size 2017 By Type (Echinacea, Ginseng, Gingko Biloba, Garlic, St. John's Wort, Peppermint, Ginger, Soy, Chamomile, Others), By Channel (Mass Market, Natural & Healthcare, Direct Sales), By Application (Food & Beverage, Pharmaceutical, Personal care) and Forecast 2018 to 2025”

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In the past years 2017, US herbal supplements market size was registered at USD 8.03 Billion. It is augmented to increase and reach the market up to USD 14.69 Billion with a CAGR of 7.9% in terms of revenue in the coming years. Several advantages of health related to the consumption of herbal supplements are developing their importance and US herbal supplements market is anticipated to increase in the coming future. Increase in the significance of the herbal supplements in health food leads to the rise of the direct sales of the herbal products. Several health-conscious people are choosing the herbal supplements nutrition is growing.

The growing importance of herbal supplements in health food has resulted in an increase of direct sales of these products. The number of health-conscious people favoring easy-to-consume nutrition is increasing. These factors are projected to support the growth of the US herbal supplement market over the forecast period between 2018 and 2025.

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US customers are preferring to consume the smaller part of the supplements that are containing high nutrition and protein, due to the increase in awareness for the general health. Many of the population of US are concentration on diet and exercise to reduce the weight. Believing in the information that the US has the maximum obese populations across the globe and the opportunity for the US herbal supplements market is monstrous. These factors are playing the major role in increasing the demand for the growth of US herbal supplements market in the coming future.

US consumers are cutting down on fats and prefer to eat smaller portions that contain higher protein and nutrition, owing to rising awareness regarding general health. Majority of the US population relies on exercise and diet to lose weight. Bearing in the fact that the US has one of the largest obese populations in the world, the scope of opportunity for the US herbal market is humungous. These factors are likely to play an important role in driving the growth of the US herbal supplement market over the next seven years.

Several herbal supplements related to the pain, inflammation and mood swings are getting popular, introducing herbal supplements like Cannabidiol (CBD) is propelled to increase the US herbal supplement market growth. Traditional herbs like ginseng, garlic, gingko biloba and Echinacea are controlling the US herbal supplements industry on the basis of their better properties.

Key factors that are participating in the growth of the US herbal supplements industry are increasing the focus towards the increase in spending on wellness and health, awareness for preventive healthcare and natural products. Increase in the elderly population related to the increase in the occurrences of the chronic conditions is boosting the demand for US herbal supplements market growth in the coming future.

Growth in the expenditure on wellness and health and increasing level of disposable income, especially in the developing regions are estimated to propel the demand for US herbal supplements market growth. Herbal supplements are maintaining the levels of cholesterol, reducing stress and regulating the digestive system. Therefore, increase in the awareness for the advantages of health provided by herbal products is anticipated to drive the development of US herbal supplements market.

The threat of developing the disease because of the sedentary lifestyle like obesity and diabetes is developed among the customers because of which they depend on the US herbal supplements for the management of the disease. Additionally, because of the medicinal properties, US herbal supplements are used in preventing the disease and the trend of healthcare will fuel the growth of US herbal supplements market.

US herbal supplements market is segmented into the application, channel and type. In considering the application, the market is divided into personal care, pharmaceutical, and food & beverage. On the basis of the channel, the market is divided into direct sales, natural & health food and mass market. Based on the type, the market is divided into chamomile, soy, ginger, peppermint, St. John’s Wort, garlic, gingko biloba, ginseng and Echinacea.

Key players involved in the US herbal supplements market analysis are Vitakem Nutraceutical, Arizona Natural Products, ABH Pharma, Sunfood Nutraceuticals, Herb Pharm and more.

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Key segments of the US herbal supplements market

Type Overview, 2015-2025 (USD Billion)
• Echinacea
• Ginseng
• Gingko biloba
• Garlic
• St. John's wort
• Peppermint
• Ginger
• Soy
• Chamomile
• Others

Channel Overview, 2015-2025 (USD Billion)
• Mass Market
• Natural & Health Food
• Direct Sales

Application Overview, 2015-2025 (USD Billion)
• Food & beverage
• Pharmaceutical
• Personal care

Reasons for the study

• While studying the demand for herbal supplements, we came across the fact that high nutrition content and low cost herbal products are preferred in the U.S.
• Among various herbal supplements Echinacea holds major market share and combination herbs is projected to gain major market revenue share over the forecast period.
• New herb type, such as CBD and others are gaining major consumer attention hence other segment is the fastest growing segment in the U.S. herbal supplements market

What does the report include?
• The U.S. herbal supplements market study provides an in-depth analysis of the various type of herbs, channel of distribution, and application of herbal supplements.
• The study also involves in-depth insights about various regulations adopted by FDA to improve the sale of herbal supplements in U.S.
• Drivers, restraints and opportunities for the market have been covered in the study
• The study covers the different aspects of the value chain including the trends of the U.S. herbal supplements market.
• The U.S. herbal supplements market report covers qualitative and quantitative analysis of the market segmented on the basis of type, channel and application
• Historical, current and forecast market data is provided for all the segments on a country basis
• The study includes detailed profiles of key participants of the market based on product offerings, geographical presence, financial performance and recent initiative

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