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Botanical Supplement Market Is Expected To Exhibit Significant Growth Over 2031
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Factors that Affected the Global Supplement Market
• Market players are introducing various liquid products free from artificial colors and flavors making the taste natural. This eliminates the need for intricate brewing processes, powder scooping, or the use of multiple ingredients. For instance, in October 2023, Martin Bauer launched a line of premium tea and botanical syrups. These syrups provide brilliant flavors, enhanced functionalities, and vibrant colors to a wide range of beverages, from lemonades and lattes to cocktails. The collection consists of 6 syrups including Black Tea, Green Tea, Matcha, Butterfly Pea Flower, Hibiscus, and Energy Blend.
• Market players are introducing their brands in online stores. Simplifies the buying process, allowing consumers to easily pick and choose what they prefer. To cater diverse dietary preferences and free from artificials. For instance, Wellness Brand Lemme introduced botanical supplements in Amazon's US stores. Their products are vegan, gluten-free, non-GMO, and free of corn syrup, gelatin, artificial sweeteners, synthetic colors, and sugar alcohol.
The major companies serving the global botanical supplement market include Nature's Bounty Co., Himalaya Drug Company, Amway Corp., GNC Holdings Inc., and Gaia Herbs, LLC among others. The market players are considerably contributing to the market growth by adopting various strategies, including mergers and acquisitions, partnerships, collaborations, funding, and advancement in their cloud offerings to stay competitive in the market. For instance, in April 2023, Seppic entered into a partnership with Botalys, a Belgian start-up working in the cultivation of rare and medicinal plants. The research partnership will focus on the co-development of new ingredients as well as distribution contracts in various markets and geographies for Botalys' Ginseng-based products.
A full report of Botanical Supplement Market available @ https://www.omrglobal.com/industry-reports/botanical-supplement-market
Botanical Supplement Market Report Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
Company Profiles
• Ancient Greenfields Pvt. Ltd.
• Archer Daniels Midland Co.
• Arizona Natural Products
• Axys Nutrition Products Pvt. Ltd.
• Bio-Botanica Inc.
• Blackmores Ltd.
• Gaia Herbs, Inc.
• Glanbia PLC
• Healthy Origins USA
• Herbalife International of America, Inc.
• Herbochem
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Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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