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Botanical Supplements Market Size, Status, Global Demand, Share And Regional Outlook 2022
Botanical Supplements Market
The regions covered in the botanical supplements market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest botanical supplements market share.
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The botanical supplement market consists of sales of botanical supplements by entities (organizations, sole traders, and partnerships) that manufacture and sell a wide range of health products made from plants, including their oils, roots, seeds, berries, and flowers. A botanical is a plant or plant part that has medical or therapeutic characteristics, as well as flavour and aroma. Botanical supplements are made from botanicals that are used to maintain and improve health.
Key competitors in the botanical supplements market include The Himalaya Drug Company, Blackmores Limited, Glanbia Nutritionals, Gaia Herbs LLC.
The global botanical supplements market size is expected to grow from $48.01 billion in 2021 to $51.48 billion in 2022 at a compound annual growth rate (CAGR) of 7.24%. The growth in the market is mainly due to the companies' rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global botanical supplement market size is expected to reach $69.33 billion in 2026 at a CAGR of 7.72%.
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TBRC's report segments the global botanical supplements market:
1) By Source: Herbs, Leaves, Spices, Flowers, Others
2) By Form: Powder, Liquid, Tablets, Capsules, Others
3) By Application: Energy and Weight Management, Bone and Joint Health, Gastrointestinal Health, Immunity, Cardiac Health, Diabetes, Anti-Cancer, Others
4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Read Further On The Botanical Supplements Market Here:
https://www.thebusinessresearchcompany.com/report/botanical-supplements-global-market-report
The Table Of Contents Includes:
1. Executive Summary
2. Botanical Supplements Market Characteristics
3. Botanical Supplements Market Trends And Strategies
4. Impact Of COVID-19 On Botanical Supplements
5. Botanical Supplements Market Size And Growth
.....
27. Botanical Supplements Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Botanical Supplements Market
29. Botanical Supplements Market Future Outlook and Potential Analysis
30. Appendix
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