Uploaded on Mar 24, 2020
Herbal Supplements Market Share, Size, Trends, & Industry Analysis Report, By Source (Leaves, Roots, Bark, Fruits & Vegetables); By Functionality (Medicinal, Aromatic, Others); By Application; By Distribution Channel; By Regions: Segment Forecast, 2018 - 2026
Herbal Supplements Market
Herbal Supplements Market
Set to Exceed $ 137.3 Billion by 2026 | CAGR: 10.8%
“Herbal Supplements Market size is anticipated to reach
USD 137.3 billion by 2026 and is estimated to grow at a
CAGR of 10.8% during 2018-2026 according to a new study
published by Polaris Market Research”
Herbal Supplements Market Estimate & Forecast to 2026
The global Herbal Supplements Market size is anticipated to reach USD 137.3 billion by
2026 and is estimated to grow at a CAGR of 10.8% during 2018-2026 according to a new
study published by Polaris Market Research. In 2017, the pharmaceutical segment
accounted for the highest market share in terms of revenue. North America is expected to
be the leading contributor to the global market revenues in 2017.
The obese and geriatric population is increasing worldwide, promoting the growth of the
herbal supplements. The sedentary lifestyle, increasing use of functional foods, and growing
consumer awareness regarding preventive health care boost the overall market growth.
Increasing disposable incomes in developing countries, rising awareness about health
benefits of herbal supplements, and rising health disorders propel the growth of the herbal
supplements industry. Sedentary lifestyle of consumers leading to lifestyle diseases, and
increasing disposable income drives herbal supplements market growth.
Health disorders such as diabetes, cardiovascular diseases, cancer and others have
increased significantly in the developed economies in past few years. Increasing incidences
of health disorders have resulted in increased awareness regarding healthy eating habits.
Health and fitness consciousness has also increased among consumers in countries such as
China and India due to improving lifestyle and changing food habits. Consumers are more
aware regarding their nutritCiopnyriaghlt ©i nPotlaarisk Meark,e ta Rnesedar cbh &e Cnonesufiltintgs L LoP f20 1h8.e Arll Rbigahtls Rseuseprvepd lements, thereby 2
accelerating the market growth for Herbal Supplements.
Herbal Supplements Market Scope
By Source By Functionality By Application By Distribution By Region
Channel
•Leaves •Medicinal •Food and Beverage •Offline Stores •North America (U.S.,
•Roots •Aromatic •Pharmaceuticals •Online Channels Canada)
•Bark •Others •Personal Care •Europe (Germany,
•Fruits & Vegetables •Others UK, France, Italy,
•Others Spain, Netherlands)
•Asia-Pacific (China,
Japan, India,
Singapore, Australia,
Korea)
•Latin America
(Brazil, Mexico)
•Middle East and
Africa (UAE, Saudi
Arabia, South Africa)
Request for sample
Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 3
Herbal Supplements Market Estimate & Forecast to 2026
North America generated the highest market share in terms of revenue in 2017 and is
expected to lead the global market throughout the forecast period. The increasing obese
population, initiatives and funding by governments to promote health consciousness, and
lifestyle changes primarily drive the growth of this market. The number of memberships for
health clubs and gyms has increased significantly promoting the growth of Herbal
Supplements industry in the region. The increase in obesity related diseases such as
diabetes and hypertension along with high disposable income of consumers further propel
the adoption of herbal supplements.
Access Research Report On Herbal Supplements market Size
The well-known companies profiled in the Herbal Supplements report include Herbalife
International of America, Inc., Ricola AG, Archer Daniels Midland Company, Nutraceutical
International Corporation, Bio-Botanica Inc., Arizona Natural Products, Blackmores Ltd, The
Himalaya Drug Company, Dr. Willmar Schwabe GmbH & Co. KG, and Rainbow Light
Nutritional Systems. These companies launch new products and collaborate with other
market leaders to innovate and launch new products to meet the increasing needs and
requirements of consumers
Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 4
Herbal Supplements Market Size – By Application
Request for Sample
Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 5
Herbal Supplements Market Study – Engagement Options
Buy Now – Click Here!
Buy now & have immediate access to premium insights
Purchase Report Sections – Click Here!
Regional analysis
Segmentation analysis
Industry outlook
Competitive landscape
Speak To Analyst – Click Here!
Get your doubts clear
Schedule a call with our analyst before making any decision
Request For Sample Pages – Click Here!
Get free sample pages
Understand report structure
Unmask data for validation
Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 6
About Us
Polaris Market Research is a global market research and consulting company. The company
specializes in providing exceptional market intelligence and in-depth business research services
for our clientele spread across different enterprises. We at Polaris are obliged to e present across
the industries of healthcare, technology, semi-conductors and chemicals among various other
industries present around the world.
We strive to provide our customers with updated information on innovative technologies, high
growth markets, emerging business environments and latest business-centric applications,
thereby helping them always to make informed decisions and leverage new opportunities. Adept
with a highly competent, experienced and extremely qualified team of experts comprising SMEs,
analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our
customers.
Web: www.polarismarketresearch.com
Official Blog: https://healthcare-market-insights.blogspot.com/
Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 7
Thank You!
Contact Us :
Polaris Market Research
30 Wall Street
8th Floor,
New York City, NY 10005,
United States
E mail Id: [email protected]
Phone: +1-646-568-9980
Comments