Herbal Nutraceuticals Market, By Product Type (Ginger, Garlic, Turmeric, Aloe vera, Green Tea, Others), By Nature (Conventional, Organic), By Form (Liquid, Powder, Capsules & Tablets, Others), By Sales Channels (Supermarket/Hypermarket, Pharmacy, Online stores, Others), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Nutraceuticals are functional foods and dietary supplements with added health benefits. They can be used as preventive medicines and also to treat various diseases. These products are gaining popularity due to their ability to offer several health benefits, such as increasing energy levels and improved immune function. They are available in various forms, such as herbal supplements and fortified beverages. Herbal medicine, a part of traditional medical practices, has its roots in ancient cultures and is still popular worldwide.
Market Dynamics:
The herbal nutraceuticals market is growing at a rapid pace as the population shifts towards the use of natural products to maintain a healthy lifestyle. Herbal nutraceuticals are being used in various applications such as dietary supplements and cosmetics. A key reason for this growth is the rising consumer awareness about the benefits of consuming natural herbal extracts and supplements. In addition, consumers are also concerned about the adverse effects of chemical-based nutraceuticals on their overall health and wellbeing which is again propelling market growth.
However, high cost of the herbal and organic products is expected to hamper the market growth.
Key features of the study:
This report provides in-depth analysis of the global herbal nutraceuticals market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global herbal nutraceuticals market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Bio Botanica, Inc, Gaia Herbs Farm, Herbochem, Nature’s Bounty, NUTRAMARKS, INC., Now foods, OREGON'S WILD HARVEST, Pharmaca, Pure Encapsulations, LLC, and Sydler India Pvt
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global herbal nutraceuticals market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global herbal nutraceuticals market
Detailed Segmentation:
Global Herbal Nutraceuticals Market, By Product Type
Ginger
Garlic
Turmeric
Aloe Vera
Green Tea
Others
By Nature
Conventional
Organic
Global Herbal Nutraceuticals Market, By Form
Capsules & Tablets
Powder
Liquid
Others
Global Herbal Nutraceuticals Market, By Sales Channel
Pharmacy
Online store
Supermarket/Hypermarket
Others
Global Herbal Nutraceuticals Market, By Region
North America
Europe
Asia Pacific
Rest of World
Company Profiles
Bio Botanica, Inc
Gaia Herbs Farm
Herbochem
Nature’s Bounty
NUTRAMARKS, INC.
Now foods
OREGON'S WILD HARVEST
Pharmaca
Pure Encapsulations, LLC
Sydler India Pvt