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Herbal Supplements Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

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    Report

  • 143 Pages
  • June 2022
  • Region: Global
  • IMARC Group
  • ID: 5615266
The global herbal supplements market reached a value of US$ 32.1 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 49.1 Billion by 2027, exhibiting a CAGR of 7.34% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.



Herbal supplements refer to the type of organic dietary additives that are generally extracted from natural raw materials such as moringa, turmeric, ginger, echinacea, cohosh, flaxseeds, among other herbs. These supplements are primarily available in the form of tablets, powders, soft gels, liquid extracts, ointments, capsules, etc. Herbal supplements exhibit various therapeutic properties based on the high composition of minerals, amino acids, enzymes, and vitamins, which are essential for the human body. Furthermore, these supplements also hold several antiseptic, antibiotic, anti-depressant, and anti-inflammatory benefits, along with providing skin radiance and boosting the immune system. Owing to these benefits, herbal supplements are widely consumed by pediatric, adult, and geriatric population across the globe.

In recent times, the rising consumer health concerns, coupled with the growing expenditures on preventive healthcare products, have augmented the market growth for herbal supplements. Furthermore, the high prevalence of lifestyle diseases, such as diabetes, obesity, etc., along with the increasing global geriatric population, has propelled the demand for dietary supplements for mitigating health risks. Moreover, the growing demand for personalized medicines, along with the wide availability of these supplements has further propelled the market growth. Apart from this, the rising investments in several R&D activities supported by the launch of newer and innovative herbal products are also driving the growth of this market. For instance, Farlong Pharmaceuticals, a US-based herbal ingredient and supplement company, has launched a new herbal supplement named, Steamed Notoginseng Powder, that helps in relieving fatigue, nourishing blood, and improving immunity. Additionally, the growing consumer inclination towards organic self-care products and plant-based supplements, particularly across the European countries, is also bolstering the product demand. In developed nations, such as the United States and Canada, herbal supplement accounts for an integral part of the consumers’ daily diet, thereby are widely available across several distribution channels. In emerging economies, such as India, China, and Japan, etc., the increasing consumer awareness towards several health benefits of herbal supplements, along with the rising disposable income levels, further drive the market growth. Moreover, the soaring prices of pharma products, coupled with the growing consumer preferences towards natural and organic products, will continue to bolster the growth of the global herbal supplements in the coming years.

Key Market Segmentation:


The publisher provides an analysis of the key trends in each sub-segment of the global herbal supplements market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type, formulation and consumer.

Breakup by Product Type:

  • Moringa
  • Echinacea
  • Flaxseeds
  • Turmeric
  • Ginger
  • Ginseng
  • Others

Breakup by Formulation:

  • Tablets
  • Capsules
  • Liquid
  • Powder and Granules
  • Soft Gels
  • Others

Breakup by Consumer:

  • Pregnant Women
  • Adult
  • Pediatric
  • Geriatric

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:


The competitive landscape of the industry has also been examined with some of the key players being Ancient Greenfields PVT LTD, A.N.P. Inc., Bio-Botanica, Inc., Gaia Herbs B.V., Herb-Pharm, LLC, Jarrow Formulas, Inc., Now Health Group, Inc., Nutraceutical Corporation, Rainbow Light Nutritional Systems, Inc. and Solgar Inc., etc.

Key Questions Answered in This Report:

  • How has the global herbal supplements market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What has been the impact of COVID-19 on the global herbal supplements market?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the formulation?
  • What is the breakup of the market based on the consumer?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the market?
  • What is the structure of the global herbal supplements market and who are the key players?
  • What is the degree of competition in the market?
Frequently Asked Questions about the Global Herbal Supplements Market

What is the estimated value of the Global Herbal Supplements Market?

The Global Herbal Supplements Market was estimated to be valued at $32.1 Billion in 2021.

What is the growth rate of the Global Herbal Supplements Market?

The growth rate of the Global Herbal Supplements Market is 7.3%, with an estimated value of $49.1 Billion by 2027.

What is the forecasted size of the Global Herbal Supplements Market?

The Global Herbal Supplements Market is estimated to be worth $49.1 Billion by 2027.

Who are the key companies in the Global Herbal Supplements Market?

Key companies in the Global Herbal Supplements Market include Ancient Greenfields PVT LTD, A.N.P. Inc., Bio, Botanica Inc., Gaia Herbs B.V., Herb, Pharm, LLC and Now Health Group Inc..

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Herbal Supplements Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Moringa
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Echinacea
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Flaxseeds
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Turmeric
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Ginger
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Ginseng
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Others
6.7.1 Market Trends
6.7.2 Market Forecast
7 Market Breakup by Formulation
7.1 Tablets
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Capsules
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Liquid
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Powder and Granules
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Soft Gels
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by Consumer
8.1 Pregnant Women
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Adult
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Pediatric
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Geriatric
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Ancient Greenfields PVT LTD
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 A.N.P. Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Bio-Botanica, Inc.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Gaia Herbs B.V.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.5 Herb-Pharm, LLC
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Jarrow Formulas, Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Now Health Group, Inc.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Nutraceutical Corporation
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Rainbow Light Nutritional Systems, Inc.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Solgar Inc.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
List of Figures
Figure 1: Global: Herbal Supplements Market: Major Drivers and Challenges
Figure 2: Global: Herbal Supplements Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Herbal Supplements Market: Breakup by Product Type (in %), 2021
Figure 4: Global: Herbal Supplements Market: Breakup by Formulation (in %), 2021
Figure 5: Global: Herbal Supplements Market: Breakup by Consumer (in %), 2021
Figure 6: Global: Herbal Supplements Market: Breakup by Region (in %), 2021
Figure 7: Global: Herbal Supplements Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 8: Global: Herbal Supplements (Moringa) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Herbal Supplements (Moringa) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Herbal Supplements (Echinacea) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Herbal Supplements (Echinacea) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Herbal Supplements (Flaxseeds) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Herbal Supplements (Flaxseeds) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Herbal Supplements (Turmeric) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Herbal Supplements (Turmeric) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Herbal Supplements (Ginger) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Herbal Supplements (Ginger) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Herbal Supplements (Ginseng) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Herbal Supplements (Ginseng) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Herbal Supplements (Other Product Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Herbal Supplements (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Herbal Supplements (Tablets) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Herbal Supplements (Tablets) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Herbal Supplements (Capsules) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Herbal Supplements (Capsules) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Herbal Supplements (Liquid) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Herbal Supplements (Liquid) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Herbal Supplements (Powder and Granules) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Herbal Supplements (Powder and Granules) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Herbal Supplements (Soft Gels) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Herbal Supplements (Soft Gels) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Herbal Supplements (Other Formulations) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Herbal Supplements (Other Formulations) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Herbal Supplements (Pregnant Women) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Herbal Supplements (Pregnant Women) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Herbal Supplements (Adult) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Herbal Supplements (Adult) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Herbal Supplements (Pediatric) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Herbal Supplements (Pediatric) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Global: Herbal Supplements (Geriatric) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Global: Herbal Supplements (Geriatric) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: North America: Herbal Supplements Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: North America: Herbal Supplements Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: United States: Herbal Supplements Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: United States: Herbal Supplements Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Canada: Herbal Supplements Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Canada: Herbal Supplements Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Asia Pacific: Herbal Supplements Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Asia Pacific: Herbal Supplements Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: China: Herbal Supplements Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: China: Herbal Supplements Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Japan: Herbal Supplements Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Japan: Herbal Supplements Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: India: Herbal Supplements Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: India: Herbal Supplements Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: South Korea: Herbal Supplements Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: South Korea: Herbal Supplements Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Australia: Herbal Supplements Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Australia: Herbal Supplements Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Indonesia: Herbal Supplements Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Indonesia: Herbal Supplements Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Others: Herbal Supplements Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Others: Herbal Supplements Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Europe: Herbal Supplements Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Europe: Herbal Supplements Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Germany: Herbal Supplements Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Germany: Herbal Supplements Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: France: Herbal Supplements Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: France: Herbal Supplements Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: United Kingdom: Herbal Supplements Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: United Kingdom: Herbal Supplements Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Italy: Herbal Supplements Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Italy: Herbal Supplements Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Spain: Herbal Supplements Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Spain: Herbal Supplements Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Russia: Herbal Supplements Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Russia: Herbal Supplements Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Others: Herbal Supplements Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Others: Herbal Supplements Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Latin America: Herbal Supplements Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Latin America: Herbal Supplements Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Brazil: Herbal Supplements Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Brazil: Herbal Supplements Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Mexico: Herbal Supplements Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Mexico: Herbal Supplements Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Others: Herbal Supplements Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Others: Herbal Supplements Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 88: Middle East and Africa: Herbal Supplements Market: Sales Value (in Million US$), 2016 & 2021
Figure 89: Middle East and Africa: Herbal Supplements Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 90: Global: Herbal Supplements Industry: SWOT Analysis
Figure 91: Global: Herbal Supplements Industry: Value Chain Analysis
Figure 92: Global: Herbal Supplements Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Herbal Supplements Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Herbal Supplements Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: Herbal Supplements Market Forecast: Breakup by Formulation (in Million US$), 2022-2027
Table 4: Global: Herbal Supplements Market Forecast: Breakup by Consumer (in Million US$), 2022-2027
Table 5: Global: Herbal Supplements Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Herbal Supplements Market: Competitive Structure
Table 7: Global: Herbal Supplements Market: Key Players

Companies Mentioned

  • Ancient Greenfields PVT LTD
  • A.N.P. Inc.
  • Bio-Botanica Inc.
  • Gaia Herbs B.V.
  • Herb-Pharm
  • LLC
  • Jarrow Formulas Inc.
  • Now Health Group Inc.
  • Nutraceutical Corporation
  • Rainbow Light Nutritional Systems Inc. and Solgar Inc.

Methodology

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