Herbal Supplements - Global Strategic Business Report

Global Herbal Supplements Market to Reach $2.5 Billion by 2030

The global market for Herbal Supplements estimated at US$1.5 Billion in the year 2022, is projected to reach a revised size of US$2.5 Billion by 2030, growing at a CAGR of 6% over the analysis period 2022-2030. Echinacea, one of the segments analyzed in the report, is projected to record 6.5% CAGR and reach US$899.7 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Flaxseeds segment is readjusted to a revised 6.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $418.9 Million, While China is Forecast to Grow at 10.8% CAGR

The Herbal Supplements market in the U.S. is estimated at US$418.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$588.2 Million by the year 2030 trailing a CAGR of 10.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.6% and 4.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.5% CAGR.

Select Competitors (Total 13 Featured) -

• Ancient GreenFields Pvt. Ltd.
• Archer Daniels Midland Company
• Arizona Natural Products
• Bio-Botanica Inc.
• Blackmores
• Gaia Herbs
• Glanbia plc
• Herbalife International of America, Inc.
• Jarrow Formulas, Inc.
• NaturaLife Asia Co., Ltd.
• Nature’s Bounty
• NBTY, Inc.
• Now Foods
• Nutraceutical International Corporation
• Ricola
• Solgar, Inc.

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year