Press release
Herbal Supplements Market to reach USD 141.75 Bn by 2029, emerging at a CAGR of 7.21 percent and forecast (2022-2029)
Herbal Supplements Market
The Herbal Supplements Market report offers a detailed analysis of the market's scope and research methodology. The research is based on real output, demand, and supply data from 2021, with estimated numbers for 2022 provided by key players worldwide. Market forecasting until 2029 takes into account past data from 2017 to 2021, considering the impact of the global lockdown in 2020 and 2021.
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What are Herbal Supplements Market Dynamics?
The increasing prevalence of a sedentary lifestyle and a rising number of mental and health disorders have compelled consumers to seek safer, healthier, and more affordable alternatives. Herbal dietary supplements, derived from plants and known for their medicinal properties, have gained consumer trust globally. The demand for herbal supplements is driven by consumer awareness and their inclination to include these products in their daily diet. Additionally, high medical costs, tight government budgets, and rising prices for medical and diet products have prompted consumers to switch to more economical options like herbal supplements, which have proven to be safe and effective alternatives for physical and mental disorders.
While herbal supplements are often perceived as natural, it is important to use these products after thorough consultation with an herbalist or doctor, as they can have harmful side effects. Strict regulatory policies also limit market growth, and factors such as product availability, delivery style, and pricing can negatively impact the overall market.
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What is Herbal Supplements Market Segmentation?
by Form
• Powder
• Syrups
• Oils
• Capsules & Tablets
by Function
• Aroma
• Medicinal
by Consumer
• Pregnant women
• Adult
• Pediatric
• Geriatric
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Who are Herbal Supplements Market Key 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.
• Jarrow Formulas, Inc.
• Herbochem
• Nutrova
• Third Coast Herb Co.
• Healthy Origins USA
• NOW Health Group, Inc.
• Swanson Health
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Table of content for the Herbal Supplements Market includes:
1. Global Herbal Supplements Market: Research Methodology
2. Global Herbal Supplements Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Herbal Supplements Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Herbal Supplements Market Segmentation
• Global Market, by Form (2021-2029)
• Global Market, by Function (2021-2029)
• Global Market, by Consumer (2021-2029)
5. Regional Herbal Supplements Market (2021-2029)
• Regional Market, by Form (2021-2029)
• Regional Market, by Function (2021-2029)
• Regional Market, by Consumer (2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
To Gain More Insights into the Market Analysis, Browse Summary of the Research Report @ https://www.maximizemarketresearch.com/market-report/global-herbal-supplements-market/20657/
Regional Insights:
The Asia Pacific region dominated the Herbal Supplements Market in 2021, accounting for a 40% share. This dominance can be attributed to the high acceptance of traditional medicine, a large elderly population, and increased exports of herbal products. China and India are major exporters of herbal dietary supplements in this region. Furthermore, the North American region is expected to witness significant growth, with a projected CAGR of 5.7% through the forecast period. Lifestyle-related diseases, aging populations, busy lifestyles, and a positive attitude towards preventative health measures are driving the demand for herbal supplements in this region.
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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