Herbal Supplement Market
Herbal Supplement Market Study by Beauty, Bone & Joint, Body Building, Digestive & Heart, Immune System, Brain, and Weight Loss Supplements from 2024 to 2034
Analysis of Herbal Supplement Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Herbal Supplement Market Outlook (2024 to 2034)
The global herbal supplement market is set to reach a valuation of US$ 1.36 billion in 2024 and thereafter expand at a noteworthy CAGR of 8.5% to end up at US$ 3.07 billion by 2034. With growing awareness about plant-based medicines, more people are inclined toward using herbal supplements over traditional products.
Herbal supplements, intended for internal use, are products that are derived from plants, also known as botanical products, used to maintain health or treat diseases. Garlic, one of the most extensively studied herbal supplements, is widely used in complementary therapy. Research has demonstrated its hepatoprotective and antioxidant properties, making it essential in disease prevention. Increasing adoption of vegan lifestyles is contributing to market expansion.
Some of the major herbal supplements available include saw palmetto, echinacea, ginkgo biloba, black cohosh, and goldenseal. Saw palmetto is native to the southeastern United States, while echinacea originates from eastern and central North America. Both are recognized for their effectiveness in boosting immunity and metabolism. With increasing awareness, more Americans are purchasing these supplements, driving herbal supplement market growth.
Key Market Growth Drivers
- Supplements like ginger and willow bark are rich in compounds such as naproxen, which significantly helps relieve pain in people with arthritis. Turmeric has also gained popularity in recent years for managing osteoarthritis symptoms.
- Women suffering from premenstrual syndrome often take supplements like black cohosh to alleviate dysmenorrhea and menopausal symptoms. Its selective estrogen properties help mitigate these symptoms and restore the body's healthy state.
- Ginseng is commonly used to boost energy, enhance physical and mental performance, and strengthen the immune system. These beneficial compounds are found in plant roots and berries in large quantities.
- More people are using supplements to treat chronic conditions such as anxiety and sleep problems. As complaints about insomnia increase, herbal supplements are expected to become a priority.
- Potassium is a vital mineral that plays a key role in regulating blood pressure. Therefore, doctors often recommend potassium supplements for patients with high or low blood pressure.
- Elderberry is typically used to relieve headaches, nerve pain, toothaches, colds, viral infections, and constipation. This supplement is extensively used in the pharmaceutical industry to produce medicine for these ailments.
- Sometimes referred to as 'nature’s valium', valerian is a flowering plant used to make supplements. Its roots are believed to induce tranquility and a sense of calm. Athletes and many others take this supplement to relax.
| Report Attribute | Detail |
|---|---|
| Herbal Supplement Market Size (2024E) | US$ 1.36 Billion |
| Forecasted Market Value (2034F) | US$ 3.07 Billion |
| Global Market Growth Rate (2024 to 2034) | 8.5% CAGR |
| Canada Market Growth Rate (2024 to 2034) | 9% CAGR |
| China Market Value (2034F) | US$ 336.6 Million |
| North America Market Share (2024E) | 23.9% |
| East Asia Market Share (2034F) | 23.1% |
| Key Companies Profiled | Herbalife; Blackmores; Ricola; Arkopharma; Nutraceutical International; Weleda AG; Amway; Gaia Herbs. |
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How are Manufacturers Leveraging Rising Preference for Health and Wellness Products?
“Health Campaigns to Raise Awareness of Health Benefits of Herbal Supplements”
Increased health and wellness expenditure is expected to boost worldwide demand for herbal supplements, especially in developing countries. Consumers are increasingly choosing health and wellness products over luxury items. Herbal supplements help control cholesterol, regulate the digestive system, and relieve stress. Consequently, manufacturers are also raising awareness of these health benefits through health campaigns. This strategy is expected to contribute to the expansion of the herbal supplement market size.
“Rising Preference for Plant-based Diets Due to Increasing Prevalence of Lifestyle Illnesses”
Food & beverage businesses are focusing on major market trends related to customer needs to develop novel goods and enhance sales throughout their whole product range. As a result, in recent years, various firms have introduced novel herbal supplement products that offer customers healthier choices. Thus, the growing inclination for plant-based diets, as well as the increased usage of herbal supplements in a variety of goods, are projected to drive the herbal supplements market over the forecast period.
Increasing incidence of lifestyle illnesses like as diabetes and obesity, as well as the expanding global geriatric population, have raised demand for dietary supplements to help individuals manage their health risks. Market players may anticipate profitable prospects as people seek organic items for their meals and general well-being, and the positive impact of important herbal supplements is sweeping the cosmetics and personal care industries. This has spurred market participants to try new formulas and develop skincare and hair care products.
In recent years, important herbal supplements have become increasingly popular in the manufacture of cosmetic products that boost hair and skin quality. Given the fast replacement of components in the highly competitive cosmetic business, market participants can collaborate with end users to ensure a steady supply of vital herbal supplements.
How Does Availability of Faux Herbal Products Impact Manufacturers?
“Prevalence of Faux Products Hurting Consumer Trust Factor”
One of the key impediments to the expansion is rising customer preference for traditional supplements that produce quick effects as compared to contemporary digestive and heart herbal supplements. Manufacturers of digestive and cardiac herbal supplements have a significant problem due to the market availability of faux herbal goods.
These are traditional herbal supplement products advertised as such because they include some herbal components. Many consumers are unable to tell the difference between herbal and conventional supplements. As a consequence, a significant number of customers choose faux herbal goods, which is a key impediment to the expansion of the digestive and cardiac supplement segments in the herbal supplements market.
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Country-wise Analysis
After applying strategies and partnerships, companies are expanding their presence in various countries, including the United States, China, Canada, Japan, and South Korea. According to the report published by Fact.MR, the Japan market is forecast to expand at a remarkable CAGR of 9% from 2024 to 2034, and the country is evaluated to occupy 29.4% of the herbal supplement market share by 2034 in East Asia.
Which Demographic is Primarily Driving Sales of Herbal Supplements in the United States?
“Growing Demand for Herbal Supplements among Women Approaching Menopause”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 144.3 Million |
| Growth Rate (2024 to 2034) | 8.9% CAGR |
| Projected Value (2034F) | US$ 339.9 Million |
Female customers of natural estrogen supplements for menopause have spurred rising demand for herbal supplements in the United States. Parents throughout the country are using natural vitamin C supplements for their children. Furthermore, there has been a significant increase in the number of individuals entering fitness clubs and gyms, which has boosted natural fat burner sales. These are key herbal supplement market trends in the United States.
What is Driving the Elderly Population in South Korea toward Herbal Supplements?
“Increase in Obesity Rates and Government Initiatives Promoting Lifestyle Modifications”
| Attribute | South Korea |
|---|---|
| Market Value (2024E) | US$ 67.5 Million |
| Growth Rate (2024 to 2034) | 9.3% CAGR |
| Projected Value (2034F) | US$ 163.7 Million |
In South Korea, there has been a noticeable growth in the elderly population seeking all-natural ways to maintain health and longevity, increasing demand for natural joint and blood pressure supplements. Furthermore, South Korea's exports of herbal supplements have surged as the pharmaceutical business has grown significantly. Market expansion is driven by elderly consumers’ dependence on herbal supplements for safety and efficacy and an increase in obesity rates among this demographic, as well as government efforts and funding to promote health awareness and lifestyle modification.
Category-wise Insights
Based on form, capsules are expected to hold a market share of 27.3% in 2024. This segment is expected to expand at a CAGR of 8.3% from 2024 to 2034.
Why are Herbal Supplement Tablets So Popular?
“Tablets Have Longer Shelf Life and Resistance to Environmental Factors”
| Attribute | Tablets |
|---|---|
| Segment Value (2024E) | US$ 388 Million |
| Growth Rate (2024 to 2034) | 8.6% CAGR |
| Projected Value (2034F) | US$ 886.6 Million |
Tablets are typically more stable than capsules, providing longer shelf life and resistance to environmental factors such as moisture and temperature. Apart from this, tablets can be easily split in precise doses. People generally think tablets are more comfortable compared to other options available in the market.
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Business Rivalry
Key players in the herbal supplement industry are pursuing acquisitions and strategic partnerships. They are also adapting themselves to the evolving market trends, such as the production of nutraceutical supplements and liquid dietary supplements.
- In 2022, Herbalife introduced its meal replacement line that focuses on nutrition and is simple to consume. Products include smoothies, baked pastries, and snacks. In 2021, the business will release digestive health products with a dietary fiber compound.
- Nuvothera, in 2019, announced the introduction of a supplement project that includes micronized turmeric. The product provides certain health advantages and reduces reliance on medications.
Fact.MR provides detailed information about the price points of key herbal supplement suppliers positioned across the world, sales growth, production capacity, and speculative technological expansion in this new market report.
Key Segments of Herbal Supplement Market Research
-
By Product Type :
- Beauty Supplements
- Bone & Joint Supplements
- Body Building Supplements
- Digestive & Heart Supplements
- Supplements for Immune System
- Brain Supplements
- Supplements for Weight Loss
- Others
-
By Form :
- Tablets
- Capsules
- Powder
- Liquid
-
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. Product Type 6.2. Form 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Product Type 7.1. Beauty Supplements 7.2. Bone & Joint Supplements 7.3. Body Building Supplements 7.4. Digestive & Heart Supplements 7.5. Supplements for Immune System 7.6. Brain Supplements 7.7. Supplements for Weight Loss 7.8. Others 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Form 8.1. Tablets 8.2. Capsules 8.3. Powder 8.4. Liquid 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region 9.1. North America 9.2. Latin America 9.3. Western Europe 9.4. Eastern Europe 9.5. East Asia 9.6. South Asia & Pacific 9.7. Middle East & Africa 10. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 11. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 12. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 13. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 14. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 15. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 16. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 17. Sales Forecast 2024 to 2034 by Product Type, Form, and Region for 30 Countries 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 19. Company Profile 19.1. Herbalife 19.2. Blackmores 19.3. Ricola 19.4. Arkopharma 19.5. Nutraceutical International 19.6. Weleda AG 19.7. Amway 19.8. Gaia Herbs 20. Assumptions and Acronyms Used 21. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 02: Global Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 04: Global Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 05: Global Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 07: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023
Table 08: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 10: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 11: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 12: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 13: North America Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 14: North America Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 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: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 20: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 21: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 22: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 23: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 24: Latin America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 25: Latin America Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 26: Latin America Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 28: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 29: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 30: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 31: Western Europe Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 32: Western Europe Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 33: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 34: Western Europe Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 35: Western Europe Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 36: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 37: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 38: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 39: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 40: Eastern Europe Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 41: Eastern Europe Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 42: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 43: Eastern Europe Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 44: Eastern Europe Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 45: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 46: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 47: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 48: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 49: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 50: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 52: East Asia Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 53: East Asia Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 55: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 56: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 57: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 58: South Asia & Pacific Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 59: South Asia & Pacific Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 60: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 61: South Asia & Pacific Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 62: South Asia & Pacific Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 63: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 64: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 65: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 66: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 67: MEA Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 68: MEA Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 69: MEA Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 70: MEA Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 71: MEA Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 72: MEA Market Value (US$ Mn) Opportunity Analysis, by Form, 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 Product Type, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 07: Global Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 08: Global Market Share and BPS Analysis by Form, 2024 & 2034
Figure 09: Global Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Form, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 14: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 15: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 16: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 17: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 18: North America Market Share Analysis by Country, 2024 & 2034
Figure 19: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 20: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 21: North America Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 22: North America Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Product Type, 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: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 28: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 29: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 30: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 31: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 32: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 33: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 34: Latin America Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 35: Latin America Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 36: Latin America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 37: Latin America Market Share and BPS Analysis by Form, 2024 & 2034
Figure 38: Latin America Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 39: Latin America Market Attractiveness Analysis by Form, 2024 to 2034
Figure 40: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 41: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 42: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 43: Western Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 44: Western Europe Market Share Analysis by Country, 2024 & 2034
Figure 45: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 46: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 47: Western Europe Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 48: Western Europe Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 49: Western Europe Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 50: Western Europe Market Share and BPS Analysis by Form, 2024 & 2034
Figure 51: Western Europe Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 52: Western Europe Market Attractiveness Analysis by Form, 2024 to 2034
Figure 53: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 54: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 55: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 56: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 57: Eastern Europe Market Share Analysis by Country, 2024 & 2034
Figure 58: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 59: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 60: Eastern Europe Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 61: Eastern Europe Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 62: Eastern Europe Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 63: Eastern Europe Market Share and BPS Analysis by Form, 2024 & 2034
Figure 64: Eastern Europe Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 65: Eastern Europe Market Attractiveness Analysis by Form, 2024 to 2034
Figure 66: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 67: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 68: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 69: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 70: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 71: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 72: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: East Asia Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 74: East Asia Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 75: East Asia Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 76: East Asia Market Share and BPS Analysis by Form, 2024 & 2034
Figure 77: East Asia Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 78: East Asia Market Attractiveness Analysis by Form, 2024 to 2034
Figure 79: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 80: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 81: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 82: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034
Figure 83: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034
Figure 84: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 85: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 86: South Asia & Pacific Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 87: South Asia & Pacific Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 88: South Asia & Pacific Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 89: South Asia & Pacific Market Share and BPS Analysis by Form, 2024 & 2034
Figure 90: South Asia & Pacific Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 91: South Asia & Pacific Market Attractiveness Analysis by Form, 2024 to 2034
Figure 92: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 93: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 94: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 95: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 96: MEA Market Share Analysis by Country, 2024 & 2034
Figure 97: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 98: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 99: MEA Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 100: MEA Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 101: MEA Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 102: MEA Market Share and BPS Analysis by Form, 2024 & 2034
Figure 103: MEA Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 104: MEA Market Attractiveness Analysis by Form, 2024 to 2034
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How big is the herbal supplement market?
The global market for herbal supplements is estimated at US$ 1.36 billion in 2024.
What are the sales projections for herbal supplements over the decade?
The global market is forecasted to expand at 8.5% CAGR and reach US$ 3.07 billion by 2034.
Which country has a significant market for herbal supplements?
Revenue from herbal supplements in the United States is projected to reach US$ 144.3 million in 2024.
What are the projections for the market in Japan?
Japan is estimated to reach a market value of US$ 87.8 million in 2024.
Which form of herbal supplements accounts for a higher market share globally?
Revenue from herbal supplement tablets is estimated to reach US$ 388 million in 2024.
What is the market share of Canada in North America?
Canada accounts for a market share of 33.6% in North America in 2024.
Who are the leaders in the business of herbal supplements?
Herbalife, Blackmores, and Ricola are some of the key players in the market.
Herbal Supplement Market