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Herbal Supplements Market 2023: Industry Insights, New Trends, Growth, And Forecast To 2032
Herbal Supplements Market
Herbal Supplements Market Size, Growth Rate, And Forecast
The global herbal supplements market size grew from $10.14 billion in 2022 to $10.91 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The herbal supplements market size is expected to grow to $14.79 billion in 2027 at a CAGR of 7.9%.
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Herbal Supplements Market Drivers
The increase in number of health-conscious consumers is significantly driving the growth of the herbal supplements market. Herbal supplements have numerous health benefits and are chemical-free. They are used to supplement diets and cure common ailments.
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Herbal Supplements Market Segments
• By Form: Tablets, Capsules, Liquid, Powder And Granules, Soft Gels
• By Sources: Leaves, Fruits, Roots, Vegetables, Barks
• By Application: Food And Beverages, Pharmaceuticals, Personal Care
• By Distribution: Store Based, Non-Store Based
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the herbal supplements market.
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Herbal Supplements Market Key Players
Major competitors in the herbal supplements market include Ancient Greenfields PVT Ltd., Archer Daniels Midland Company, Arizona Natural Products, Bio-Botanica Inc., Blackmores, Herbalife International of America, Inc., Ricola, Solgar, Inc., Jarrow Formulas, Inc., Glanbia PLC, Gaia Herbs, NBTY, Inc., Nature's Bounty, NaturaLife Asia Co., Ltd., Nutraceutical International Corporation, herbochem, Swanson Health Products, Third Coast Herb Co., Now Health Group, Herbal Africa, Sunfood Nutraceuticals, Wonder Labs, Wellness Origin Indy, ABCO Laboratories, Inc., Dabur, Weleda, Schwabe, Kunming Pharma, Taiji, DSM, and Rainbow Light Nutritional Systems.
The Business Research Company's "Global Herbal Supplements Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Herbal Supplements Market Include:
1. Executive Summary
2. Herbal Supplements Market Characteristics
3. Herbal Supplements Market Trends And Strategies
4. Herbal Supplements Market - Macro Economic Scenario
5. Herbal Supplements Market Size And Growth
……
26. Africa Herbal Supplements Market
27. Herbal Supplements Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Herbal Supplements Market
29. Herbal Supplements Market Future Outlook And Potential Analysis
30. Appendix
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