Press release
Herbal Supplements Market Soars to USD 144.15 Billion by 2030
The global ๐๐๐ซ๐๐๐ฅ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ is projected to grow at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2030, reaching an estimated value of approximately USD 144.15 billion by 2030, up from USD 88.7 billion in 2023.๐๐๐ซ๐๐๐ฅ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
Herbal supplements are plant-based dietary products that have been used for centuries across different cultures, such as in traditional Chinese and Ayurvedic medicine, for their therapeutic properties. These supplements, often in the form of tablets, capsules, powders, or liquids, are derived from plants and are known for their potential to treat a variety of health issues. As the demand for alternative medicine rises, especially due to their perceived natural and safe benefits, the herbal supplements market is experiencing significant growth, particularly in regions like North America, where products like ginseng and green tea extract have gained popularity for their health benefits.
๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฌ ๐๐ฎ๐ฌ๐ญ ๐ ๐๐ฅ๐ข๐๐ค ๐๐ฐ๐๐ฒ! https://www.maximizemarketresearch.com/request-sample/20657/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ซ๐๐๐ฅ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ:
The growing global awareness about healthy living, combined with the increasing prevalence of lifestyle diseases and mental health issues, is prompting more consumers to seek alternative health solutions. Herbal supplements offer a more affordable and natural alternative to conventional medicine, making them attractive to a health-conscious demographic. Additionally, the shift towards organic, plant-based products and increasing dissatisfaction with high medical costs further drives the demand for herbal supplements, creating a favorable market environment.
๐๐๐ซ๐๐๐ฅ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Consumers are increasingly inclined toward personalized nutrition and tailored herbal products, which has sparked interest in bespoke supplements. Moreover, the focus on natural and clean-label ingredients continues to rise, especially in health and wellness products. The market for sports nutrition and performance-enhancing herbal supplements is also growing rapidly, driven by athletes and fitness enthusiasts looking for natural ways to improve endurance and overall performance. This trend is expected to propel the herbal supplements market forward during the forecast period.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ + ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐๐ซ๐: https://www.maximizemarketresearch.com/inquiry-before-buying/20657/
๐๐๐ซ๐๐๐ฅ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
With advancements in technology and an increase in research and development investments in dietary supplements, there are ample opportunities for market growth. The rise of e-commerce platforms has also created new avenues for reaching a broader audience, allowing consumers access to a wide range of herbal supplements. Additionally, as demand for personalized supplements grows, the market is set to benefit from innovations in bespoke and tailored products. The expansion of sports nutrition supplements is expected to be a key growth driver, attracting consumers focused on fitness and wellness.
๐๐ก๐๐ญ ๐ข๐ฌ ๐๐๐ซ๐๐๐ฅ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ?
The global herbal supplements market is witnessing significant growth across various regions, with North America and Europe being the key players due to the high demand for natural and organic products. In regions like Asia-Pacific, traditional herbal remedies are increasingly being integrated into modern health regimens, further boosting market growth. The rising awareness about wellness, coupled with the growing popularity of herbal supplements in emerging economies, offers substantial opportunities for market expansion. However, regulatory challenges and cultural differences across regions can impact the growth trajectory and market penetration in certain areas.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐๐๐ค ๐ข๐ง๐ฌ๐ข๐๐? ๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ:๏ปฟ https://www.maximizemarketresearch.com/request-sample/20657/ ๏ปฟ๏ปฟ
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ซ๐๐๐ฅ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ
by Forms
Powders
Syrups
Tablets& Capsules
Others
by Distribution Channel
Pharmaceuticals
Personal Care
by Consumer
Online
Retail Stores
Others
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐๐ซ๐๐๐ฅ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
1. Archer Daniels Midland Company
2. Glanbia PLC
3. Herbalife International of America, Inc.
4. Blackmores Limited
5. Nutraceutical International Corporation
6. Nbty, Inc.
7. Arizona Natural Products
8. Ricola AG
9. Naturalife Asia Co., Ltd.
10. Bio-Botanica Inc
11. Jarrow Formulas, Inc
12. Herbochem
13. Nutrova
14. Third Coast Herb Co.
15. Healthy Origins USA
๐๐๐ญ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐๐ง ๐๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.maximizemarketresearch.com/market-report/global-herbal-supplements-market/20657/ ๏ปฟ๏ปฟ๏ปฟ๏ปฟ๏ปฟ
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Herbal Supplements Market Size and Competitive Landscape
Herbal Supplements Market Size, Share, Size & Forecast by different segment
Herbal Supplements Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Herbal Supplements Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Herbal Supplements 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
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐จ๐ฎ๐ซ ๐ญ๐จ๐ฉ-๐ฉ๐๐ซ๐๐จ๐ซ๐ฆ๐ข๐ง๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐๐ญ๐๐ฌ๐ญ ๐ญ๐ซ๐๐ง๐๐ฌ:
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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