Botanical Supplements Market by Source (Flower, Fruits, Leaves), Age-Group (0-10 Years, 11-20 Years, 21-45 Years), Form, Application, Distribution Channel - Global Forecast 2023-2030
The Botanical Supplements Market is projected to reach USD 118.62 billion by 2030 from USD 37.20 billion in 2022, at a CAGR of 15.59% during the forecast period.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Botanical Supplements Market.
- Based on Source, market is studied across Flower, Fruits, Leaves, Roots, Seeds, and Stem. The Leaves commanded largest market share of 17.69% in 2022, followed by Seeds.
- Based on Age-Group, market is studied across 0-10 Years, 11-20 Years, 21-45 Years, 46-60 Years, and 60 Years and above. The 21-45 Years commanded largest market share of 34.23% in 2022, followed by 46-60 Years.
- Based on Form, market is studied across Capsules, Gummies, Liquid, Powder, and Tablets. The Powder commanded largest market share of 28.12% in 2022, followed by Capsules.
- Based on Application, market is studied across Anti-Cancer, Bone & Joint Health, Cardiac Health, Diabetes, Energy & Weight Management, Gastrointestinal Health, General Health, and Immunity. The General Health commanded largest market share of 17.23% in 2022, followed by Immunity.
- Based on Distribution Channel, market is studied across Offline and Online. The Offline commanded largest market share of 84.79% in 2022, followed by Online.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 35.21% in 2022, followed by Americas.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Botanical Supplements Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Botanical Supplements Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Botanical Supplements Market, highlighting leading vendors and their innovative profiles. These include Airenherbals, Amway Corporation, Arbro Pharmaceuticals Pvt. Ltd., Arizona Natural Products, Ayujoy Herbals Ltd., Bactolac Pharmaceutical, Inc., BASF SE, Bio-Botanica by Bio Answer Holdings Inc., BL Bio Lab, LLC, Blackmores Limited, Botanic Healthcare Group, Dabur India Ltd., Fermentis Life Sciences Pvt. Ltd., Gaia Herbs, Inc., Glanbia Nutritionals, Inc., GNC Holdings, LLC, Herb Pharm, LLC, Herbalhills by Isha Agro Developers Pvt. Ltd.., Herbalife International India Pvt. Ltd., Himalaya Wellness Company, Kerry Group PLC, MB-Holding GmbH & Co. KG, Nature’s Way Brands, LLC, Nestlé S.A., Nutraceutical Corporation, Procter & Gamble Company, Prorganiq, Rainbow Light by Renew Life Formulas, LLC, Ricola Group AG, SMPNutra.com, Streamline Pharma Pvt. Ltd., and Super Me Naturals.
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the Botanical Supplements Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Botanical Supplements Market?
- What is the competitive strategic window for identifying opportunities in the Botanical Supplements Market?
- What are the latest technology trends and regulatory frameworks in the Botanical Supplements Market?
- What is the market share of the leading vendors in the Botanical Supplements Market?
- Which modes and strategic moves are suitable for entering the Botanical Supplements Market?
Please Note: PDF & Excel + Online Access - 1 Year
- 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. Botanical Supplements Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Ongoing consumer awareness for preventive health
- 5.1.1.2. Growing interest in natural & plant-based remedies
- 5.1.1.3. Rising availability through eCommerce industry
- 5.1.2. Restraints
- 5.1.2.1. Unstructured regulations for safety and efficacy of botanical health supplements
- 5.1.3. Opportunities
- 5.1.3.1. Proliferation in research & development activities for making of novel botanical supplements
- 5.1.3.2. Adoption of private label herbal supplements through innovative branding and formulations
- 5.1.4. Challenges
- 5.1.4.1. Presence of cost-effective alternatives for botanical supplements
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.3.1. Inclination toward clean-label products with the introduction of innovative botanical supplements
- 5.3.2. Government support for botanical cultivation and export in the APAC region
- 5.3.3. Improving guidelines for the safe use of botanical supplements and emerging startup ecosystem in EMEA
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 6. Botanical Supplements Market, by Source
- 6.1. Introduction
- 6.2. Flower
- 6.3. Fruits
- 6.4. Leaves
- 6.5. Roots
- 6.6. Seeds
- 6.7. Stem
- 7. Botanical Supplements Market, by Age-Group
- 7.1. Introduction
- 7.2. 0-10 Years
- 7.3. 11-20 Years
- 7.4. 21-45 Years
- 7.5. 46-60 Years
- 7.6. 60 Years and above
- 8. Botanical Supplements Market, by Form
- 8.1. Introduction
- 8.2. Capsules
- 8.3. Gummies
- 8.4. Liquid
- 8.5. Powder
- 8.6. Tablets
- 9. Botanical Supplements Market, by Application
- 9.1. Introduction
- 9.2. Anti-Cancer
- 9.3. Bone & Joint Health
- 9.4. Cardiac Health
- 9.5. Diabetes
- 9.6. Energy & Weight Management
- 9.7. Gastrointestinal Health
- 9.8. General Health
- 9.9. Immunity
- 10. Botanical Supplements Market, by Distribution Channel
- 10.1. Introduction
- 10.2. Offline
- 10.3. Online
- 11. Americas Botanical Supplements Market
- 11.1. Introduction
- 11.2. Argentina
- 11.3. Brazil
- 11.4. Canada
- 11.5. Mexico
- 11.6. United States
- 12. Asia-Pacific Botanical 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 Botanical 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
- 14.3.1. Merger & Acquisition
- 14.3.1.1. Dabur weighs acquisitions to expand across India, Southeast Asia
- 14.3.1.2. Real Brands Signs Definitive Agreement for the Acquisition of Boulder Botanical & Biosciences Laboratories Assets.
- 14.3.2. Agreement, Collaboration, & Partnership
- 14.3.2.1. Amway partners with IIT Bombay to accelerate research in nutraceuticals and herbal supplements.
- 14.3.3. New Product Launch & Enhancement
- 14.3.3.1. Himalaya Wellness debuts Ashwagandha+ line, expands Hello line
- 14.3.3.2. Global Wellness Company Fine Hygienic Holding Launches eon Longevity, a Powdered Beverage Supplement.
- 14.3.3.3. Ricola unveiled new packaging design at TFWA Cannes
- 14.3.3.4. Wellness Brand Lemme Launches Vitamin and Botanical Supplements in Amazon Stores.
- 14.3.3.5. Glanbia Nutritionals launches TechVantage at Vitafoods Europe
- 14.3.4. Investment & Funding
- 14.3.4.1. Xbyx closes seven-figure financing round
- 14.3.5. Award, Recognition, & Expansion
- 14.3.5.1. Miracle Drinks to accelerate expansion through franchise model - initiates SAARTHI PROGRAM
- 14.3.5.2. Leaven Essential To Launch Branded Botanical Extracts To Global Markets
- 15. Competitive Portfolio
- 15.1. Key Company Profiles
- 15.1.1. Airenherbals
- 15.1.2. Amway Corporation
- 15.1.3. Arbro Pharmaceuticals Pvt. Ltd.
- 15.1.4. Arizona Natural Products
- 15.1.5. Ayujoy Herbals Ltd.
- 15.1.6. Bactolac Pharmaceutical, Inc.
- 15.1.7. BASF SE
- 15.1.8. Bio-Botanica by Bio Answer Holdings Inc.
- 15.1.9. BL Bio Lab, LLC
- 15.1.10. Blackmores Limited
- 15.1.11. Botanic Healthcare Group
- 15.1.12. Dabur India Ltd.
- 15.1.13. Fermentis Life Sciences Pvt. Ltd.
- 15.1.14. Gaia Herbs, Inc.
- 15.1.15. Glanbia Nutritionals, Inc.
- 15.1.16. GNC Holdings, LLC
- 15.1.17. Herb Pharm, LLC
- 15.1.18. Herbalhills by Isha Agro Developers Pvt. Ltd..
- 15.1.19. Herbalife International India Pvt. Ltd.
- 15.1.20. Himalaya Wellness Company
- 15.1.21. Kerry Group PLC
- 15.1.22. MB-Holding GmbH & Co. KG
- 15.1.23. Nature’s Way Brands, LLC
- 15.1.24. Nestlé S.A.
- 15.1.25. Nutraceutical Corporation
- 15.1.26. Procter & Gamble Company
- 15.1.27. Prorganiq
- 15.1.28. Rainbow Light by Renew Life Formulas, LLC
- 15.1.29. Ricola Group AG
- 15.1.30. SMPNutra.com
- 15.1.31. Streamline Pharma Pvt. Ltd.
- 15.1.32. Super Me Naturals
- 15.2. Key Product Portfolio
- 16. Appendix
- 16.1. Discussion Guide
- 16.2. License & Pricing
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