Herbal Supplements Market 2021 Industry Size, Share, Price, Trend and Forecast to 2026

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iCrowdNewswire   Jan 14, 2021  6:17 PM ET

Herbal Supplements Industry

Description

Wiseguyreports.Com Adds “Herbal Supplements -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023” To Its Research Database

Global Herbal Supplements market is accounted for $49.1 billion in 2016 and is expected to reach $86.7 billion by 2022 growing at a CAGR of 9.9% from 2016 to 2022. Various health benefits of herbal supplements, increasing use of functional foods and consumer awareness for preventive healthcare measures will drive the market growth. However, stringent regulations and high raw material cost will hamper market growth. Demand for dietary supplements among women and acquisition of small nutraceutical companies by pharmaceutical manufacturers will provide ample opportunity to grow. Few major trends would be increased demand for multi component botanical formulations, and major companies are performing extensive research to produce phytomedicines and herbal supplements in dentistry.

Pharmaceutical industry is the fastest growing segment in Herbal Supplements application market due to the consumer’s reliability in the quality and effectiveness of herbal supplements. Retail store segment dominated the distribution channel market segment owing to rise in disposable income and favorable investment for infrastructure. Multi Herbs in product segment is the fastest growing market because of the need for multifunctional medications. Soy and specialty herbs are expected to grow lucratively. North America and Europe accounted for the largest market share with significant growth because of consumer awareness and product availability. In countries such as France, Germany and UK herbal supplements are sold in drugstores. Asia Pacific is witnessed to be the fastest growing market owing to huge consumer base particularly women.

Some of the key players in global Herbal Supplements market are Archer Daniels Midland Company, Arizona Natural Products, Bio-Botanica Inc., Blackmores Ltd, Gaia Herbs, Glanbia PLC, Herb Pharm, Herbalife International of America, Inc., Naturalife Asia Co., Ltd., Nature’s Bounty, Dr. Willmar Schwabe GmbH & Co. KG, Nutraceutical International Corporation, Rainbow Light Nutritional Systems, Ricola AG, The Himalaya Drug Company, Twinlab Corporation and DSM Nutritional Products Ltd.

Functions Covered: 
• Aroma 
• Medicinal 
• Other Functions 

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Forms Covered: 
• Capsules & Tablets 
• Oils 
• Powder 
• Syrups 
• Other Forms 

Applications Covered: 
• Food & Beverages 
• Personal Care 
• Pharmaceuticals 
• Other Applications

Sources Covered: 
• Barks 
• Fruits & Vegetables 
• Leaves 
• Roots 
• Other Sources 

Distribution Channels Covered: 
• Retail Store 
o Drugstores 
o Grocery Stores 
o Hypermarkets 
o Supermarkets 
o Natural, and Health Food Stores 
• Online

Regions Covered: 
• North America 
o US 
o Canada 
o Mexico 
• Europe 
o Germany 
o France 
o Italy 
o UK 
o Spain 
o Rest of Europe 
• Asia Pacific 
o Japan 
o China 
o India 
o Australia 
o New Zealand 
o Rest of Asia Pacific 
• Rest of the World 
o Middle East 
o Brazil 
o Argentina 
o South Africa 
o Egypt

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What our report offers: 
– Market share assessments for the regional and country level segments 
– Market share analysis of the top industry players 
– Strategic recommendations for the new entrants 
– Market forecasts for a minimum of 8 years of all the mentioned segments, sub segments and the regional markets 
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) 
– Strategic recommendations in key business segments based on the market estimations 
– Competitive landscaping mapping the key common trends 
– Company profiling with detailed strategies, financials, and recent developments 
– Supply chain trends mapping the latest technological advancements

1 Executive Summary 

2 Preface 
2.1 Abstract 
2.2 Stake Holders 
2.3 Research Scope 
2.4 Research Methodology 
2.4.1 Data Mining 
2.4.2 Data Analysis 
2.4.3 Data Validation 
2.4.4 Research Approach 
2.5 Research Sources 
2.5.1 Primary Research Sources 
2.5.2 Secondary Research Sources 
2.5.3 Assumptions 

3 Market Trend Analysis 
3.1 Introduction 
3.2 Drivers 
3.3 Restraints 
3.4 Opportunities 
3.5 Threats 
3.6 Application Analysis 
3.7 Product Analysis 
3.8 Emerging Markets 
3.9 Futuristic Market Scenario 

….

12 Key Developments 
12.1 Agreements, Partnerships, Collaborations and Joint Ventures 
12.2 Acquisitions & Mergers 
12.3 New Product Launch 
12.4 Expansions 
12.5 Other Key Strategies 

13 Company Profiling 
13.1 Archer Daniels Midland Company 
13.2 Arizona Natural Products 
13.3 Bio-Botanica Inc. 
13.4 Blackmores Ltd 
13.5 Gaia Herbs 
13.6 Glanbia PLC 
13.7 Herb Pharm 
13.8 Herbalife International of America, Inc. 
13.9 Naturalife Asia Co., Ltd. 
13.10 Nature’s Bounty 
13.11 Dr. Willmar Schwabe GmbH & Co. KG 
13.12 Nutraceutical International Corporation 
13.13 Rainbow Light Nutritional Systems 
13.14 Ricola AG 
13.15 The Himalaya Drug Company 
13.16 Twinlab Corporation 
13.17 DSM Nutritional Products Ltd. 

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Continued…  

About the Author :

Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available. We also provide COTS (Commercial off the Shelf) business sector reports as custom exploration agreeing your particular needs.

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Keywords:    Herbal Supplements, Herbal Supplements Segmentation, Herbal Supplements Manufacturers, Herbal Supplements Industry, Herbal Supplements Prospectus, Herbal Supplements Industry Trends, Herbal Supplements Market Share, Herbal Supplements Market Growth, Herba

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