Global Botanical Supplements Market Growth 2023-2029

Global Botanical Supplements Market Growth 2023-2029

Botanical supplements include fresh or dried products in different forms, such as tablets, capsules, powders, and tea bags. Globally, garlic, ginger, santalum, plantago, ginseng, rhodiola extract, red clover extract, and soy extract are some of the most widely used botanical supplements.

LPI (LP Information)' newest research report, the “Botanical Supplements Industry Forecast” looks at past sales and reviews total world Botanical Supplements sales in 2022, providing a comprehensive analysis by region and market sector of projected Botanical Supplements sales for 2023 through 2029. With Botanical Supplements sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Botanical Supplements industry.

This Insight Report provides a comprehensive analysis of the global Botanical Supplements landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Botanical Supplements portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Botanical Supplements market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Botanical Supplements and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Botanical Supplements.

The global Botanical Supplements market size is projected to grow from US$ 15990 million in 2022 to US$ 20810 million in 2029; it is expected to grow at a CAGR of 20810 from 2023 to 2029.

Rising awareness among consumers regarding the health benefits associated with consumption of botanical supplements such as holy basil extract, which helps in reduction of anxiety is a major factor expected to drive growth in demand for botanical supplements. Owing to increasing advertisements and easy availability of botanical supplements over the counter, demand for these supplements is increasing. Currently, consumers are more inclined towards self-medication due to rising penetration of internet and social media. These factors are expected to drive growth of the market for botanical supplements globally over the forecast period.

This report presents a comprehensive overview, market shares, and growth opportunities of Botanical Supplements market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Tablets
Capsules
Powders
Tea Bags
Others

Segmentation by application
Drugs
Cosmetics
Food and Beverages

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Ricola
Dabur
Procter

Key Questions Addressed in this Report

What is the 10-year outlook for the global Botanical Supplements market?

What factors are driving Botanical Supplements market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Botanical Supplements market opportunities vary by end market size?

How does Botanical Supplements break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.