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Botanical Supplements Market in Australia and New Zealand is anticipated to touch US$ 9.0 Billion at a CAGR of 8.5% from 2023 to 2033
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The rising interest in plant-based diets and alternative medicine is driving the growth of the botanical supplements market in Australia and New Zealand. Consumers are becoming more aware of the health benefits of natural products and are seeking out botanical supplements to support their overall health and wellness.
Australia and New Zealand is expected to grow at a compound annual growth rate (CAGR) of 6.4% from 2021 to 2028. This growth can be attributed to factors such as increasing disposable income, a growing aging population, and rising awareness about the benefits of botanical supplements.
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Companies Covered in This Report -
Blackmores Limited
Vitaco Holdings Limited
Integria Healthcare
Bioglan
Deep Blue Health (NZ) Co. Limited
Phytomed
NZ Herbals
Sanderson
Others
In terms of product type, the market can be segmented into capsules, tablets, liquids, and powders. Capsules are the most popular form of botanical supplements, as they are easy to take and provide a consistent dosage. However, liquids and powders are also gaining popularity, as they offer more flexibility in dosing and can be easily mixed into beverages or food.
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Market Segmentation : Australia New Zealand Herbal Supplements Market
Botanical Supplements Market in Australia and New Zealand Market By Form : Tablets, Capsules, Powder, Liquid
Botanical Supplements Market in Australia and New Zealand Market By Product Type : Beauty Supplement, Bone and Joint Supplement, Body Building Supplement, Digestive & Heart Supplement, Supplement for Immune System, Brain Supplement, Supplement for Weight Loss, Others (Vision Supplement, Menopause Supplement)
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