The global Herbal Supplements market is expected to grow from USD 5.99 billion in 2019 to USD 10.15 billion by 2027, at a CARG of 6.8% during the forecast period 2020-2027.
Herbal supplements are the products which are obtained from plants or their seeds, flowers, or oils and have strong effects on body with little or no effect. These have been used for many centuries and are believed to have natural healing properties. Herbal supplements are also called botanicals sometimes. Many people are switching towards herbal supplements because of its health benefits. Herbal supplements are mostly used for their remedies and medical properties for various diseases since decades. The demand for herbal supplements is increasing as customers (especially who are health conscious) are attracted by its natural label.
The awareness about preventive healthcare, spending on wellness and health, inclination towards natural products and increasing number of the self-directed consumer are the factors which drive the market of herbal supplements globally.
The study delivers a comprehensive analysis by source, function, form, application and region.
The source segment includes barks, roots, leaves, fruits & vegetables and others. The leaves have the largest share are herbal supplements are mostly made up by plant leaves.
The function segment includes aroma, medicinal and others. Medicinal segment has the largest share as it has no side effects which increases is demand.
The form segment includes oils, capsules & tablets, syrups, powder and others. Capsules & tablets section leads the market as many consumers prefer capsules and tables as its easy to consume.
The application segment includes Pharmaceuticals, personal care, food & beverages and others. Pharmaceuticals segment is the fastest growing segment due to consumer reliability in quality standards and effective results of herbal supplements.
The market is regionally divided into South America, North America, Europe, Middle East & Africa and Europe. Asia-Pacific region has the highest share.
The key players of this market are DSM Nutritional Products Ltd., Natures Aid, Bio-Botanica Inc., The Himalaya Drug Company, Twin lab Corporation, Martek Biosciences Corporation, Sundown Nutrition, I-Health Inc., ARKOPharma Pharmaceuticals Laboratories and Ricola AG.
Global Herbal SupplementsMarket Analysis And Forecast, By Source
Global Herbal SupplementsMarket Analysis And Forecast, By Function
Global Herbal SupplementsMarket Analysis And Forecast, By Form
Global Herbal SupplementsMarket Analysis And Forecast, By Application
Global Herbal Supplements Market Analysis And Forecast, By Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Source
4.3.2. Market Attractiveness Analysis By Form
4.3.3. Market Attractiveness Analysis By Function
4.3.4. Market Attractiveness Analysis By Application
4.3.5. Market Attractiveness Analysis By Region
4.4. Application Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.3. Restraints
5.4. Opportunities
5.5. Challenges
6. Global Herbal Supplements Market Analysis and Forecast, By Source
6.1. Segment Overview
6.2. Barks
6.3. Roots
6.4. Leaves
6.5. Fruits & Vegetables
6.6. Others
7. Global Herbal Supplements Market Analysis and Forecast, By Function
7.1. Segment Overview
7.2. Aroma
7.3. Medicinal
7.4. Others
8. Global Herbal Supplements Market Analysis and Forecast, By Form
8.1. Segment Overview
8.2. Oils
8.3. Capsules & Tablets
8.4. Syrups
8.5. Powder
8.6. Others
9. Global Herbal Supplements Market Analysis and Forecast, By Application
9.1. Segment Overview
9.2. Pharmaceuticals
9.3. Personal Care
9.4. Food & Beverages
9.5. Others
10. Global Herbal Supplements Market Analysis and Forecast, By Regional Analysis
10.1. Segment Overview
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. Germany
10.3.2. France
10.3.3. U.K.
10.3.4. Italy
10.3.5. Spain
10.4. Asia-Pacific
10.4.1. Japan
10.4.2. China
10.4.3. India
10.5. South America
10.5.1. Brazil
10.6. Middle East and Africa
10.6.1. UAE
10.6.2. South Africa
11. Global Herbal Supplements Market-Competitive Landscape
11.1. Overview
11.2. Market Share of Key Players in Global Herbal Supplements Market
11.2.1. Global Company Market Share
11.2.2. North America Company Market Share
11.2.3. Europe Company Market Share
11.2.4. APAC Company Market Share
11.3. Competitive Situations and Trends
11.3.1. Product Launches and Developments
11.3.2. Partnerships, Collaborations, and Agreements
11.3.3. Mergers & Acquisitions
11.3.4. Expansions
12. Company Profiles
12.1. DSM Nutritional Products Ltd
12.1.1. Business Overview
12.1.2. Company Snapshot
12.1.3. Company Market Share Analysis
12.1.4. Company Product Portfolio
12.1.5. Recent Developments
12.1.6. SWOT Analysis
12.2. Natures Aid
12.2.1. Business Overview
12.2.2. Company Snapshot
12.2.3. Company Market Share Analysis
12.2.4. Company Product Portfolio
12.2.5. Recent Developments
12.2.6. SWOT Analysis
12.3. Bio-Botanica Inc.
12.3.1. Business Overview
12.3.2. Company Snapshot
12.3.3. Company Market Share Analysis
12.3.4. Company Product Portfolio
12.3.5. Recent Developments
12.3.6. SWOT Analysis
12.4. The Himalaya Drug Company
12.4.1. Business Overview
12.4.2. Company Snapshot
12.4.3. Company Market Share Analysis
12.4.4. Company Product Portfolio
12.4.5. Recent Developments
12.4.6. SWOT Analysis
12.5. Twin lab Corporation
12.5.1. Business Overview
12.5.2. Company Snapshot
12.5.3. Company Market Share Analysis
12.5.4. Company Product Portfolio
12.5.5. Recent Developments
12.5.6. SWOT Analysis
12.6. Martek Biosciences Corporation
12.6.1. Business Overview
12.6.2. Company Snapshot
12.6.3. Company Market Share Analysis
12.6.4. Company Product Portfolio
12.6.5. Recent Developments
12.6.6. SWOT Analysis
12.7. Sundown Nutrition
12.7.1. Business Overview
12.7.2. Company Snapshot
12.7.3. Company Market Share Analysis
12.7.4. Company Product Portfolio
12.7.5. Recent Developments
12.7.6. SWOT Analysis
12.8. I-Health Inc
12.8.1. Business Overview
12.8.2. Company Snapshot
12.8.3. Company Market Share Analysis
12.8.4. Company Product Portfolio
12.8.5. Recent Developments
12.8.6. SWOT Analysis
12.9. ARKOPharma Pharmaceuticals Laboratories
12.9.1. Business Overview
12.9.2. Company Snapshot
12.9.3. Company Market Share Analysis
12.9.4. Company Product Portfolio
12.9.5. Recent Developments
12.9.6. SWOT Analysis
12.10. Ricola AG.
12.10.1. Business Overview
12.10.2. Company Snapshot
12.10.3. Company Market Share Analysis
12.10.4. Company Product Portfolio
12.10.5. Recent Developments
12.10.6. SWOT Analysis
List of Table
1. Global Herbal Supplements Market, By Source, 2017–2027 (USD Billion)
2. Global Barks Herbal Supplements Market, By Region, 2017–2027 (USD Billion)
3. Global Roots Herbal Supplements Market, By Region, 2017–2027 (USD Billion)
4. Global Leaves Herbal Supplements Market, By Region, 2017–2027 (USD Billion)
5. Global Fruits & Vegetables Herbal Supplements Market, By Region, 2017–2027 (USD Billion)
6. Global Others Herbal Supplements Market, By Region, 2017–2027 (USD Billion)
7. Global Herbal Supplements Market, By Function, 2017–2027 (USD Billion)
8. Global Aroma Herbal Supplements Market, By Region, 2017–2027 (USD Billion)
9. Global Medicinal Herbal Supplements Market, By Region, 2017–2027 (USD Billion)
10. Global Others Herbal Supplements Market, By Region, 2017–2027 (USD Billion)
11. Global Herbal Supplements Market, By Form, 2017–2027 (USD Billion)
12. Global Oils, Herbal Supplements Market, By Region, 2017–2027 (USD Billion)
13. Global Capsules & Tablets, Herbal Supplements Market, By Region, 2017–2027 (USD Billion)
14. Global Syrups, Herbal Supplements Market, By Region, 2017–2027 (USD Billion)
15. Global Powder, Herbal Supplements Market, By Region, 2017–2027 (USD Billion)
16. Global Others, Herbal Supplements Market, By Region, 2017–2027 (USD Billion)
17. Global Herbal Supplements Market, By Application, 2017–2027 (USD Billion)
18. Global Pharmaceuticals, Herbal Supplements Market, By Region, 2017–2027 (USD Billion)
19. Global Personal Care, Herbal Supplements Market, By Region, 2017–2027 (USD Billion)
20. Global Food & Beverages, Herbal Supplements Market, By Region, 2017–2027 (USD Billion)
21. Global Others, Herbal Supplements Market, By Region, 2017–2027 (USD Billion)
22. Global Herbal Supplements Market, By Region, 2017–2027 (USD Billion)
23. Global Herbal Supplements Market, By North America, 2017–2027 (USD Billion)
24. North America Herbal Supplements Market, By Source, 2017–2027 (USD Billion)
25. North America Herbal Supplements Market, By Function, 2017–2027 (USD Billion)
26. North America Herbal Supplements Market, By Form, 2017–2027 (USD Billion)
27. North America Herbal Supplements Market, By Application, 2017–2027 (USD Billion)
28. U.S. Herbal Supplements Market, By Source , 2017–2027 (USD Billion)
29. U.S. Herbal Supplements Market, By Function, 2017–2027 (USD Billion)
30. U.S. Herbal Supplements Market, By Form, 2017–2027 (USD Billion)
31. U.S. Herbal Supplements Market, By Application, 2017–2027 (USD Billion)
32. Canada Herbal Supplements Market, By Source, 2017–2027 (USD Billion)
33. Canada Herbal Supplements Market, By Function, 2017–2027 (USD Billion)
34. Canada Herbal Supplements Market, By Form, 2017–2027 (USD Billion)
35. Canada Herbal Supplements Market, By Application, 2017–2027 (USD Billion)
36. Mexico Herbal Supplements Market, By Source, 2017–2027 (USD Billion)
37. Mexico Herbal Supplements Market, By Function, 2017–2027 (USD Billion)
38. Mexico Herbal Supplements Market, By Form, 2017–2027 (USD Billion)
39. Mexico Herbal Supplements Market, By Application, 2017–2027 (USD Billion)
40. Europe Herbal Supplements Market, By Source , 2017–2027 (USD Billion)
41. Europe Herbal Supplements Market, By Function, 2017–2027 (USD Billion)
42. Europe Herbal Supplements Market, By Form, 2017–2027 (USD Billion)
43. Europe Herbal Supplements Market, By Application, 2017–2027 (USD Billion)
44. Germany Herbal Supplements Market, By Source , 2017–2027 (USD Billion)
45. Germany Herbal Supplements Market, By Function, 2017–2027 (USD Billion)
46. Germany Herbal Supplements Market, By Form, 2017–2027 (USD Billion)
47. Germany Herbal Supplements Market, By Application, 2017–2027 (USD Billion)
48. France Herbal Supplements Market, By Source , 2017–2027 (USD Billion)
49. France Herbal Supplements Market, By Function, 2017–2027 (USD Billion)
50. France Herbal Supplements Market, By Form, 2017–2027 (USD Billion)
51. France Herbal Supplements Market, By Application, 2017–2027 (USD Billion)
52. U.K Herbal Supplements Market, By Source, 2017–2027 (USD Billion)
53. U.K Herbal Supplements Market, By Function, 2017–2027 (USD Billion)
54. U.K Herbal Supplements Market, By Form, 2017–2027 (USD Billion)
55. U.K Herbal Supplements Market, By Application, 2017–2027 (USD Billion)
56. Italy Herbal Supplements Market, By Source , 2017–2027 (USD Billion)
57. Italy Herbal Supplements Market, By Function, 2017–2027 (USD Billion)
58. Italy Herbal Supplements Market, By Form, 2017–2027 (USD Billion)
59. Italy Herbal Supplements Market, By Application, 2017–2027 (USD Billion)
60. Spain Herbal Supplements Market, By Source , 2017–2027 (USD Billion)
61. Spain Herbal Supplements Market, By Function, 2017–2027 (USD Billion)
62. Spain Herbal Supplements Market, By Form, 2017–2027 (USD Billion)
63. Spain Herbal Supplements Market, By Application, 2017–2027 (USD Billion)
64. Asia Pacific Herbal Supplements Market, By Source , 2017–2027 (USD Billion)
65. Asia Pacific Herbal Supplements Market, By Function, 2017–2027 (USD Billion)
66. Asia Pacific Herbal Supplements Market, By Form, 2017–2027 (USD Billion)
67. Asia Pacific Herbal Supplements Market, By Application, 2017–2027 (USD Billion)
68. Japan Herbal Supplements Market, By Source , 2017–2027 (USD Billion)
69. Japan Herbal Supplements Market, By Function, 2017–2027 (USD Billion)
70. Japan Herbal Supplements Market, By Form, 2017–2027 (USD Billion)
71. Japan Herbal Supplements Market, By Application, 2017–2027 (USD Billion)
72. China Herbal Supplements Market, By Source , 2017–2027 (USD Billion)
73. China Herbal Supplements Market, By Function, 2017–2027 (USD Billion)
74. China Herbal Supplements Market, By Form, 2017–2027 (USD Billion)
75. China Herbal Supplements Market, By Application, 2017–2027 (USD Billion)
76. India Herbal Supplements Market, By Source , 2017–2027 (USD Billion)
77. India Herbal Supplements Market, By Function, 2017–2027 (USD Billion)
78. India Herbal Supplements Market, By Form, 2017–2027 (USD Billion)
79. India Herbal Supplements Market, By Application, 2017–2027 (USD Billion)
80. South America Herbal Supplements Market, By Source , 2017–2027 (USD Billion)
81. South America Herbal Supplements Market, By Function, 2017–2027 (USD Billion)
82. South America Herbal Supplements Market, By Form, 2017–2027 (USD Billion)
83. South America Herbal Supplements Market, By Application, 2017–2027 (USD Billion)
84. Brazil Herbal Supplements Market, By Source , 2017–2027 (USD Billion)
85. Brazil Herbal Supplements Market, By Function, 2017–2027 (USD Billion)
86. Brazil Herbal Supplements Market, By Form, 2017–2027 (USD Billion)
87. Brazil Herbal Supplements Market, By Application, 2017–2027 (USD Billion)
88. Middle East and Africa Herbal Supplements Market, By Source, 2017–2027 (USD Billion)
89. Middle East and Africa Herbal Supplements Market, By Function, 2017–2027 (USD Billion)
90. Middle East and Africa Herbal Supplements Market, By Form, 2017–2027 (USD Billion)
91. Middle East and Africa Herbal Supplements Market, By Application, 2017–2027 (USD Billion)
92. UAE Herbal Supplements Market, By Source, 2017–2027 (USD Billion)
93. UAE Herbal Supplements Market, By Function, 2017–2027 (USD Billion)
94. UAE Herbal Supplements Market, By Form, 2017–2027 (USD Billion)
95. UAE Herbal Supplements Market, By Application, 2017–2027 (USD Billion)
96. South Africa Herbal Supplements Market, By Source , 2017–2027 (USD Billion)
97. South Africa Herbal Supplements Market, By Function, 2017–2027 (USD Billion)
98. South Africa Herbal Supplements Market, By Form, 2017–2027 (USD Billion)
99. South Africa Herbal Supplements Market, By Application, 2017–2027 (USD Billion)
List of Figures
1. Global Herbal Supplements Market Segmentation
2. Herbal Supplements Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Herbal Supplements Market Attractiveness Analysis By Source
9. Global Herbal Supplements Market Attractiveness Analysis By Function
10. Global Herbal Supplements Market Attractiveness Analysis By Application
11. Global Herbal Supplements Market Attractiveness Analysis By Form
12. Global Herbal Supplements Market Attractiveness Analysis By Region
13. Global Herbal Supplements Market: Dynamics
14. Global Herbal Supplements Market Share By Source (2020 & 2027)
15. Global Herbal Supplements Market Share by Function (2020 & 2027)
16. Global Herbal Supplements Market Share by Application (2020 & 2027)
17. Global Herbal Supplements Market Share by Form (2020 & 2027)
18. Global Herbal Supplements Market Share by Regions (2020 & 2027)
19. Global Herbal Supplements Market Share by Company (2019)
Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.
Market research is valuable because of the following reasons:
Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.
Our market research process involves with the four specific stages.
Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:
Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:
Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.
This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.
Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.
Free Customization
Countries can be added on demand
Free yearly update on purchase of Multi/Corporate User License
Companies served till date
We serve our customers 24x7 for 365 days through calls, emails and live chat options.
Huge database of exceptional market reports bringing market intelligence to your fingertips.
SSL enabled, we offer you various secured payment options for risk free purchase.