Botanical Supplement Market
Botanical Supplement Market Study by Powder, Liquid, Capsules, Bars, Gels, Granules, and Oil for Drugs, Cosmetics, and Food & Beverages from 2024 to 2034
Analysis of Botanical Supplement Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Botanical Supplement Market Outlook (2024 to 2034)
Revenue from the global botanical supplement market is expected to reach US$ 19.2 billion in 2024 and further increase at a CAGR of 5.9% to end up at US$ 34.2 billion by 2034.
Botanical supplements have long been used in traditional medicine, such as Ayurveda, Traditional Chinese Medicine, and Herbal Medicine. Many people believe that these supplements offer a host of health benefits. Although research to determine the effectiveness of botanical supplements is still in its early stages, they are starting to gain popularity across several regions.
Plant-based supplements are currently available in a variety of forms, such as powders, tinctures, capsules, and tablets. They are sold in pharmacies, health food stores, and online platforms, thus ensuring quick access. The convenience factor is contributing to the botanical supplement market growth.
Growing concerns about food and emphasis on preventative healthcare have brought about a shift toward health-promoting herbal supplements. Companies are focusing on launching complementary remedies to help women who suffer from common issues including menopausal hot flashes and insomnia.
Probiotic drinks, fish oils, detoxes, and other herbal supplements are among the growing list of herbal options. Market growth is driven by factors such as increasing consumer adoption of supplementation, high-income levels, and the availability of premium sports and fitness facilities.
Many pharmaceutical companies are conducting research into herbal supplements in response to the growing demand for herbal remedies.
These days, many people are taking herbal pills that contain immune-boosting ingredients like astragalus, echinacea, and elderberry.
Adaptogenic herbs, such as ashwagandha and Rhodiola rosea, are more in demand because of their capacity to promote mental health, lessen stress, and lessen anxiety. The food industry is using more and more of the herbal component curcumin as a natural coloring agent. Rising demand for organic and clean-label herbal supplements is also changing the market orientation of industry players.
| Report Attribute | Detail |
|---|---|
| Botanical Supplement Market Size (2024E) | US$ 19.2 Billion |
| Forecasted Market Value (2034F) | US$ 34.2 Billion |
| Global Market Growth Rate (2024 to 2034) | 5.9% CAGR |
| Canada Market Growth Rate (2024 to 2034) | 2.9% CAGR |
| China Market Value (2034F) | US$ 6.82 Billion |
| North America Market Share (2024E) | 28% |
| East Asia Market Share (2034F) | 27% |
| Key Companies Profiled | Nature’s Bounty Co.; Himalaya Drug Company; Amway Corporation; GNC Holdings Inc.; NOW Foods; Dr Willmar Schwabe GmbH; Herbalife International; Bio-Botanica Inc.; Dominate Industries; Moringa Agro; DRP Herbal; Green Era Foods & Nutraceutics; MotherTree Nutra Pvt. Ltd. |
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Which Factors are Benefiting Botanical Supplement Manufacturers?
“Global Trend toward Traditional Herbal Products”
Growing customer interest in herbal supplements has led to the introduction of herbal, traditional, and botanical goods by comparatively small-scale businesses. Small businesses that provide these items have taken market share away from some huge corporations.
As an illustration, consider the rising fame of Patanjali Ayurved, an Indian company that produces herbal goods and commands a substantial portion of the country's toothpaste industry.
- Colgate-Palmolive Company used to dominate the Indian toothpaste market, but sales of Patanjali's Ayurvedic/herbal toothpaste, which is well-known as a botanical product, have significantly increased in the personal care sector as a result of growing consumer demand for herbal products.
“Growing Emphasis on Personalized Healthcare”
Growing consumer awareness of the health advantages of using botanical supplements, like holy basil extract, which reduces anxiety, is one of the main factors projected to drive the expansion of the botanical supplement market size. Demand for these supplements is rising because of the proliferation of ads and the simple accessibility of botanical supplements over the counter. Increased use of social media and the Internet has led to a current trend among consumers to self-medicate.
Because supplement producers are creating and supplying a wide range of botanical products tailored to specific ingredients, consumers are unable to select the right health supplement. This has led manufacturers to produce products that, when taken, provide holistic advantages as opposed to targeted benefits. Manufacturers are focusing on providing their customers with personalized products.
What Needs to Be Watched in the Botanical Supplement Business?
“Absence of Regulatory Checks Leading to False Health Claims”
The absence of strict guidelines and regulations concerning the efficacy and safety of botanical health supplement products is anticipated to have an impact on the global expansion of this market. Owing to a decreased focus on product safety and labeling, there has been a notable rise in the prevalence of manufacturers making fraudulent health claims to promote their goods. These elements have affected consumers' perceptions of botanical supplements.
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Country-wise Evaluation
Countries where the requirement for botanical supplements is increasing include the United States, China, Japan, and South Korea.
What is Leading to the Steady Growth of the Botanical Supplement Market in the United States?
“Strong Online Distribution Channels Enhancing Accessibility to Herbal Supplements”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 4.22 Billion |
| Growth Rate (2024 to 2034) | 1.5% CAGR |
| Projected Value (2034F) | US$ 4.88 Billion |
Increasing usage of internet distribution platforms by producers of dietary supplements. There is a rise in demand for botanical supplements as a result of these manufacturers using online platforms to market and sell their goods. The spike in consumption of these supplements has been mostly driven by their simple availability and accessibility through internet channels, which has had a significant impact on consumer behavior. Manufacturers of health supplements now have a direct line of communication and a wider audience thanks to online distribution channels.
- According to Euromonitor data, e-commerce surpassed all other channels as the United States’ largest avenue for selling dietary supplements in 2023. Meanwhile, online celebrity endorsements and the growth of influencer marketing are igniting consumer interest in beauty-from-within businesses.
What is Drawing Botanical Supplement Producers to China?
“Growing Focus on Preventive Healthcare with Holistic Health Solutions”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 3.66 Billion |
| Growth Rate (2024 to 2034) | 6.4% CAGR |
| Projected Value (2034F) | US$ 6.82 Billion |
There has been an increasing emphasis on taking botanical supplements as people get older and try to meet their nutritional requirements in China. Sales of botanical supplements both locally and internationally have significantly increased as a result of this change in customer behavior, especially in China. Increasing emphasis on preventive healthcare together with the growing need for natural and holistic health solutions is a key botanical supplement market trend in the country.
- In August 2023, Mom's Garden GmbH, a German supplement company, announced its plans to expand into the Chinese market with the introduction of a new weight-management supplement that contains postbiotics and botanical extracts that function as AMPK (AMP-activated protein kinase) activators.
- In August 2023, Yiling Pharmaceutical signed an agreement with Nigeria to export traditional Chinese medicine (TCM) and saw a great chance to collaborate with producers of African herbal medicines on the creation of new products.
Category-wise Analysis
The market for botanical supplements is divided into two categories including application and demography. There are several applications for botanical supplements including drugs, cosmetics, and food & beverages.
Why are Botanical Supplements Extensively Used in Food & Beverages?
“Shift toward Functional Foods Offering Health Benefits Beyond Basic Nutrition”
| Attribute | Food & Beverages |
|---|---|
| Segment Value (2024E) | US$ 7.62 Billion |
| Growth Rate (2024 to 2034) | 5.7% CAGR |
| Projected Value (2034F) | US$ 13.3 Billion |
Because of their linked health advantages, botanical supplements are popular among end consumers and are frequently included in food and beverages. The increasing interest of consumers in their health and well-being is driving the need for botanical supplements in food and drink. Botanical supplements offer a practical alternative for consumers to include natural and plant-based nutrients in their diets, which are becoming more and more in demand. The utilization of plant-based supplements in food and drink highlights the growing trend of consumers being more health-conscious and seeking out functional meals.
Which Demographic Segment Accounts for Substantial Revenue Streams?
“Higher Demand for Botanical Supplements among Baby Boomers”
| Attribute | Baby Boomers |
|---|---|
| Segment Value (2024E) | US$ 6.74 Billion |
| Growth Rate (2024 to 2034) | 5.9% CAGR |
| Projected Value (2034F) | US$ 11.9 Billion |
Baby boomers are increasingly using botanical supplements to boost their well-being as their understanding of health and wellness grows. The growing popularity of botanical supplements among this age group can be attributed to the allure of natural components and the purported health benefits. As a result, the baby boomer generation occupies a substantial botanical supplement market share.
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Market Competition
To boost the acceptance of their supplements across important consuming countries like Europe and North America, key players in the botanical supplement market are placing a strong emphasis on obtaining the label claims and required certifications, and adapting themselves to the evolving market trends such as the use of botanical extracts and botanical infused drinks.
- Two new botanical compounds were released by Unigen Inc. in February 2022; one was intended to enhance the immune system and the other to promote respiratory health. Two distinct types of bioflavonoids found in attention, the respiratory health ingredient, are claimed to improve both innate and adaptive immunity, as well as the synthesis of IgA and IgG antibodies and a normal level of cytokines.
- Herbalife introduced its easy-to-consume meal replacement line in 2022, emphasizing nutrition. Products include baked pastries, snacks, and smoothies.
Fact.MR provides detailed information about the price points of key botanical supplement producers positioned across the world, sales growth, production capacity, and speculative technological expansion, in this new market report.
Key Segments of Botanical Supplement Market Research
-
By Form :
- Powder
- Liquid
- Capsules
- Bars
- Gels
- Granules
- Oil
-
By Application :
- Drugs
- Cosmetics
- Foods & Beverages
-
By Demography :
- Adult Women
- Adult Men
- Baby Boomers
- Others
-
By Region :
- North America
- Latin America
- Eastern Europe
- Western Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034 6.1. Form 6.2. Application 6.3. Demography 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Form 7.1. Powder 7.2. Liquid 7.3. Capsules 7.4. Bars 7.5. Gels 7.6. Granules 7.7. Oil 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application 8.1. Drugs 8.2. Cosmetics 8.3. Foods & Beverages 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Demography 9.1. Adult Women 9.2. Adult Men 9.3. Baby Boomers 9.4. Others 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. East Asia 10.6. South Asia & Pacific 10.7. Middle East & Africa 11. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 12. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 13. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 14. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 15. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 16. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 17. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 18. Sales Forecast 2024 to 2034 by Form, Application, Demography, and Region for 30 Countries 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 20. Company Profile 20.1. Nature’s Bounty Co. 20.2. Himalaya Drug Company 20.3. Amway Corporation 20.4. GNC Holdings Inc. 20.5. NOW Foods 20.6. Dr Willmar Schwabe GmbH 20.7. Herbalife International 20.8. Bio-Botanica Inc. 20.9. Dominate Industries 20.10. Moringa Agro 20.11. DRP Herbal 20.12. Green Era Foods & Nutraceutics 20.13. MotherTree Nutra Pvt. Ltd. 21. Assumptions and Acronyms Formd 22. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 02: Global Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 04: Global Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 05: Global Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 07: Global Market Value (US$ Mn) Analysis, by Demography, 2019 to 2023
Table 08: Global Market Value (US$ Mn) Analysis, by Demography, 2024 to 2034
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Demography, 2024 to 2034
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 16: North America Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 17: North America Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 19: North America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 20: North America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 22: North America Market Value (US$ Mn) Analysis, by Demography, 2019 to 2023
Table 23: North America Market Value (US$ Mn) Analysis, by Demography, 2024 to 2034
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Demography, 2024 to 2034
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 28: Latin America Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 29: Latin America Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 31: Latin America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 32: Latin America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 34: Latin America Market Value (US$ Mn) Analysis, by Demography, 2019 to 2023
Table 35: Latin America Market Value (US$ Mn) Analysis, by Demography, 2024 to 2034
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by Demography, 2024 to 2034
Table 37: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 38: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 39: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 40: Western Europe Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 41: Western Europe Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 42: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 43: Western Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 44: Western Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 45: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 46: Western Europe Market Value (US$ Mn) Analysis, by Demography, 2019 to 2023
Table 47: Western Europe Market Value (US$ Mn) Analysis, by Demography, 2024 to 2034
Table 48: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Demography, 2024 to 2034
Table 49: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 50: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 51: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 52: Eastern Europe Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 53: Eastern Europe Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 54: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 55: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 56: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 57: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 58: Eastern Europe Market Value (US$ Mn) Analysis, by Demography, 2019 to 2023
Table 59: Eastern Europe Market Value (US$ Mn) Analysis, by Demography, 2024 to 2034
Table 60: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Demography, 2024 to 2034
Table 61: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 62: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 63: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 64: East Asia Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 65: East Asia Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 66: East Asia Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 67: East Asia Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 68: East Asia Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 69: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 70: East Asia Market Value (US$ Mn) Analysis, by Demography, 2019 to 2023
Table 71: East Asia Market Value (US$ Mn) Analysis, by Demography, 2024 to 2034
Table 72: East Asia Market Value (US$ Mn) Opportunity Analysis, by Demography, 2024 to 2034
Table 73: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 74: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 75: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 76: South Asia & Pacific Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 77: South Asia & Pacific Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 78: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 79: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 80: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 81: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 82: South Asia & Pacific Market Value (US$ Mn) Analysis, by Demography, 2019 to 2023
Table 83: South Asia & Pacific Market Value (US$ Mn) Analysis, by Demography, 2024 to 2034
Table 84: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Demography, 2024 to 2034
Table 85: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 86: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 87: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 88: MEA Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 89: MEA Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 90: MEA Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 91: MEA Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 92: MEA Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 93: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 94: MEA Market Value (US$ Mn) Analysis, by Demography, 2019 to 2023
Table 95: MEA Market Value (US$ Mn) Analysis, by Demography, 2024 to 2034
Table 96: MEA Market Value (US$ Mn) Opportunity Analysis, by Demography, 2024 to 2034
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 05: Global Market Share and BPS Analysis by Form, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 07: Global Market Attractiveness Analysis by Form, 2024 to 2034
Figure 08: Global Market Share and BPS Analysis by Application, 2024 & 2034
Figure 09: Global Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Application, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by Demography, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by Demography, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by Demography, 2024 to 2034
Figure 14: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 20: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 21: North America Market Share Analysis by Country, 2024 & 2034
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 24: North America Market Share and BPS Analysis by Form, 2024 & 2034
Figure 25: North America Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 26: North America Market Attractiveness Analysis by Form, 2024 to 2034
Figure 27: North America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 28: North America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 29: North America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 30: North America Market Share and BPS Analysis by Demography, 2024 & 2034
Figure 31: North America Market Y-o-Y Growth Projections by Demography, 2024 to 2034
Figure 32: North America Market Attractiveness Analysis by Demography, 2024 to 2034
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 36: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 37: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 39: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 40: Latin America Market Share and BPS Analysis by Form, 2024 & 2034
Figure 41: Latin America Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 42: Latin America Market Attractiveness Analysis by Form, 2024 to 2034
Figure 43: Latin America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 44: Latin America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 45: Latin America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 46: Latin America Market Share and BPS Analysis by Demography, 2024 & 2034
Figure 47: Latin America Market Y-o-Y Growth Projections by Demography, 2024 to 2034
Figure 48: Latin America Market Attractiveness Analysis by Demography, 2024 to 2034
Figure 49: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 50: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 51: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 52: Western Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 53: Western Europe Market Share Analysis by Country, 2024 & 2034
Figure 54: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 55: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 56: Western Europe Market Share and BPS Analysis by Form, 2024 & 2034
Figure 57: Western Europe Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 58: Western Europe Market Attractiveness Analysis by Form, 2024 to 2034
Figure 59: Western Europe Market Share and BPS Analysis by Application, 2024 & 2034
Figure 60: Western Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 61: Western Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 62: Western Europe Market Share and BPS Analysis by Demography, 2024 & 2034
Figure 63: Western Europe Market Y-o-Y Growth Projections by Demography, 2024 to 2034
Figure 64: Western Europe Market Attractiveness Analysis by Demography, 2024 to 2034
Figure 66: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 67: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 68: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 69: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 70: Eastern Europe Market Share Analysis by Country, 2024 & 2034
Figure 71: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 72: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: Eastern Europe Market Share and BPS Analysis by Form, 2024 & 2034
Figure 74: Eastern Europe Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 75: Eastern Europe Market Attractiveness Analysis by Form, 2024 to 2034
Figure 76: Eastern Europe Market Share and BPS Analysis by Application, 2024 & 2034
Figure 77: Eastern Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 78: Eastern Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 79: Eastern Europe Market Share and BPS Analysis by Demography, 2024 & 2034
Figure 80: Eastern Europe Market Y-o-Y Growth Projections by Demography, 2024 to 2034
Figure 81: Eastern Europe Market Attractiveness Analysis by Demography, 2024 to 2034
Figure 82: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 83: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 84: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 85: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 86: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 87: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 88: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 89: East Asia Market Share and BPS Analysis by Form, 2024 & 2034
Figure 90: East Asia Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 91: East Asia Market Attractiveness Analysis by Form, 2024 to 2034
Figure 92: East Asia Market Share and BPS Analysis by Application, 2024 & 2034
Figure 93: East Asia Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 94: East Asia Market Attractiveness Analysis by Application, 2024 to 2034
Figure 95: East Asia Market Share and BPS Analysis by Demography, 2024 & 2034
Figure 96: East Asia Market Y-o-Y Growth Projections by Demography, 2024 to 2034
Figure 97: East Asia Market Attractiveness Analysis by Demography, 2024 to 2034
Figure 98: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 99: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 100: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 101: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034
Figure 102: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034
Figure 103: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 104: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 105: South Asia & Pacific Market Share and BPS Analysis by Form, 2024 & 2034
Figure 106: South Asia & Pacific Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 107: South Asia & Pacific Market Attractiveness Analysis by Form, 2024 to 2034
Figure 108: South Asia & Pacific Market Share and BPS Analysis by Application, 2024 & 2034
Figure 109: South Asia & Pacific Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 110: South Asia & Pacific Market Attractiveness Analysis by Application, 2024 to 2034
Figure 111: South Asia & Pacific Market Share and BPS Analysis by Demography, 2024 & 2034
Figure 112: South Asia & Pacific Market Y-o-Y Growth Projections by Demography, 2024 to 2034
Figure 113: South Asia & Pacific Market Attractiveness Analysis by Demography, 2024 to 2034
Figure 114: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 115: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 116: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 117: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 118: MEA Market Share Analysis by Country, 2024 & 2034
Figure 119: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 120: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 121: MEA Market Share and BPS Analysis by Form, 2024 & 2034
Figure 122: MEA Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 123: MEA Market Attractiveness Analysis by Form, 2024 to 2034
Figure 124: MEA Market Share and BPS Analysis by Application, 2024 & 2034
Figure 125: MEA Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 126: MEA Market Attractiveness Analysis by Application, 2024 to 2034
Figure 127: MEA Market Share and BPS Analysis by Demography, 2024 & 2034
Figure 128: MEA Market Y-o-Y Growth Projections by Demography, 2024 to 2034
Figure 129: MEA Market Attractiveness Analysis by Demography, 2024 to 2034
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- FAQs -
How big is the botanical supplement market at present?
The market for botanical supplements is expected to reach US$ 19.2 billion in 2024.
What are the market estimations for botanical supplements for 2034?
Sales of botanical supplements are foreseen to reach US$ 34.2 billion by the end of 2034.
At what rate is the market projected to expand over the next decade?
The botanical supplement market is forecasted to expand at a CAGR of 5.9% between 2024 and 2034.
How is the botanical supplement market estimated to perform in Mexico?
In Mexico, the market is anticipated to advance at a CAGR of 4% between 2024 and 2034.
What is the market situation for botanical supplements in South Korea?
The S. Korea market is forecasted to reach a value of US$ 706.8 million by the end of 2034.
Who are the leading producers of botanical supplements?
Key market players are Nature’s Bounty Co., Himalaya Drug Company, and Amway Corporation.
How is the cosmetics segment expected to fare in this market?
The cosmetics segment is estimated at a valuation of US$ 4.84 billion in 2024.
Botanical Supplement Market