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Global Herbal Supplements Market by Function (Aroma, Medicinal), Form (Capsules & Tablets, Oils, Powder), Source, Supplier Type, Application - Forecast 2024-2030

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    Report

  • 192 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 4904512
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The Herbal Supplements Market size was estimated at USD 13.03 billion in 2023, USD 14.18 billion in 2024, and is expected to grow at a CAGR of 8.88% to reach USD 23.65 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Herbal Supplements Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Herbal Supplements Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Herbal Supplements Market, highlighting leading vendors and their innovative profiles. These include ABCO Laboratories, Inc., AIE Pharmaceuticals Inc., Archer-Daniels-Midland Company, Arizona Natural Products, Bio-Tech Pharmacal Inc., Blackmores Limited, Calocurb Limited, Glanbia PLC, Herbalife International of America, Inc., Nutraceutical International Corporation, Sunfood Nutraceuticals, Sunwink, Vitakem Nutraceutical Inc., Wellness Origin Indy, and Wonder Labs.

Market Segmentation & Coverage

This research report categorizes the Herbal Supplements Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Function
    • Aroma
    • Medicinal
  • Form
    • Capsules & Tablets
    • Oils
    • Powder
    • Syrups
  • Source
    • Barks
    • Fruits, Vegetables & Flowers
    • Leaves
    • Roots
  • Supplier Type
    • Private Labelled
    • White Labelled
  • Application
    • Food & Beverages
    • Personal Care
    • Pharmaceuticals
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the Herbal Supplements Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Herbal Supplements Market?
  3. What are the technology trends and regulatory frameworks in the Herbal Supplements Market?
  4. What is the market share of the leading vendors in the Herbal Supplements Market?
  5. Which modes and strategic moves are suitable for entering the Herbal Supplements Market?

Additional Product Information:

  • The purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report
  • With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase
  • Purchase of this report includes 1 year online access with quarterly updates
  • This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website

Additional Product Information:

  • The purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report
  • With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase
  • Purchase of this report includes 1 year online access with quarterly updates
  • This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Herbal Supplements Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing prevalence of diabetes and cardiovascular diseases
5.1.1.2. Rising consumer awareness regarding preventive health care
5.1.1.3. Easy availability of herbal supplements products
5.1.2. Restraints
5.1.2.1. High cost of raw materials
5.1.3. Opportunities
5.1.3.1. Growing vegan population in developing countries
5.1.3.2. Development in herbal antioxidant supplement
5.1.4. Challenges
5.1.4.1. Reluctance of consumers towards use of herbal supplements without FDA approval
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Herbal Supplements Market, by Function
6.1. Introduction
6.2. Aroma
6.3. Medicinal
7. Herbal Supplements Market, by Form
7.1. Introduction
7.2. Capsules & Tablets
7.3. Oils
7.4. Powder
7.5. Syrups
8. Herbal Supplements Market, by Source
8.1. Introduction
8.2. Barks
8.3. Fruits, Vegetables & Flowers
8.4. Leaves
8.5. Roots
9. Herbal Supplements Market, by Supplier Type
9.1. Introduction
9.2. Private Labelled
9.3. White Labelled
10. Herbal Supplements Market, by Application
10.1. Introduction
10.2. Food & Beverages
10.3. Personal Care
10.4. Pharmaceuticals
11. Americas Herbal Supplements Market
11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States
12. Asia-Pacific Herbal Supplements Market
12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam
13. Europe, Middle East & Africa Herbal Supplements Market
13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom
14. Competitive Landscape
14.1. FPNV Positioning Matrix
14.2. Market Share Analysis, By Key Player
14.3. Competitive Scenario Analysis, By Key Player
15. Competitive Portfolio
15.1. Key Company Profiles
15.1.1. ABCO Laboratories, Inc.
15.1.2. AIE Pharmaceuticals Inc.
15.1.3. Archer-Daniels-Midland Company
15.1.4. Arizona Natural Products
15.1.5. Bio-Tech Pharmacal Inc.
15.1.6. Blackmores Limited
15.1.7. Calocurb Limited
15.1.8. Glanbia PLC
15.1.9. Herbalife International of America, Inc.
15.1.10. Nutraceutical International Corporation
15.1.11. Sunfood Nutraceuticals
15.1.12. Sunwink
15.1.13. Vitakem Nutraceutical Inc.
15.1.14. Wellness Origin Indy
15.1.15. Wonder Labs
15.2. Key Product Portfolio
16. Appendix
16.1. Discussion Guide
16.2. License & Pricing
List of Figures
FIGURE 1. HERBAL SUPPLEMENTS MARKET RESEARCH PROCESS
FIGURE 2. HERBAL SUPPLEMENTS MARKET SIZE, 2023 VS 2030
FIGURE 3. HERBAL SUPPLEMENTS MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. HERBAL SUPPLEMENTS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. HERBAL SUPPLEMENTS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. HERBAL SUPPLEMENTS MARKET DYNAMICS
FIGURE 7. HERBAL SUPPLEMENTS MARKET SIZE, BY FUNCTION, 2023 VS 2030 (%)
FIGURE 8. HERBAL SUPPLEMENTS MARKET SIZE, BY FUNCTION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. HERBAL SUPPLEMENTS MARKET SIZE, BY FORM, 2023 VS 2030 (%)
FIGURE 10. HERBAL SUPPLEMENTS MARKET SIZE, BY FORM, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. HERBAL SUPPLEMENTS MARKET SIZE, BY SOURCE, 2023 VS 2030 (%)
FIGURE 12. HERBAL SUPPLEMENTS MARKET SIZE, BY SOURCE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. HERBAL SUPPLEMENTS MARKET SIZE, BY SUPPLIER TYPE, 2023 VS 2030 (%)
FIGURE 14. HERBAL SUPPLEMENTS MARKET SIZE, BY SUPPLIER TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. HERBAL SUPPLEMENTS MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 16. HERBAL SUPPLEMENTS MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. AMERICAS HERBAL SUPPLEMENTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. AMERICAS HERBAL SUPPLEMENTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. UNITED STATES HERBAL SUPPLEMENTS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 20. UNITED STATES HERBAL SUPPLEMENTS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. ASIA-PACIFIC HERBAL SUPPLEMENTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. ASIA-PACIFIC HERBAL SUPPLEMENTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. EUROPE, MIDDLE EAST & AFRICA HERBAL SUPPLEMENTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 24. EUROPE, MIDDLE EAST & AFRICA HERBAL SUPPLEMENTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 25. HERBAL SUPPLEMENTS MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 26. HERBAL SUPPLEMENTS MARKET SHARE, BY KEY PLAYER, 2023

Companies Mentioned

  • ABCO Laboratories, Inc.
  • AIE Pharmaceuticals Inc.
  • Archer-Daniels-Midland Company
  • Arizona Natural Products
  • Bio-Tech Pharmacal Inc.
  • Blackmores Limited
  • Calocurb Limited
  • Glanbia PLC
  • Herbalife International of America, Inc.
  • Nutraceutical International Corporation
  • Sunfood Nutraceuticals
  • Sunwink
  • Vitakem Nutraceutical Inc.
  • Wellness Origin Indy
  • Wonder Labs

Methodology

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Table Information