Global Herbal Supplements and Remedies Market Growth 2023-2029
Herbal supplements and remedies, sometimes called botanicals, have many active constituents, which are natural way of providing support for overall health and well-being. Also they can have drug-like effects.
Echinacea is used to prevent cold. Ginkgo is used to improve memory. Flaxseed is used to lower cholesterol level. The list of herbal supplements and remedies goes on and on. Herbal supplements and remedies including health care products and finished herbal products which extracted from herbs.
Herbal supplements and remedies are sold in many different forms - dried leaves for teas, powdered, as capsules or tablets, or in solution.
LPI (LP Information)' newest research report, the “Herbal Supplements and Remedies Industry Forecast” looks at past sales and reviews total world Herbal Supplements and Remedies sales in 2022, providing a comprehensive analysis by region and market sector of projected Herbal Supplements and Remedies sales for 2023 through 2029. With Herbal Supplements and Remedies sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Herbal Supplements and Remedies industry.
This Insight Report provides a comprehensive analysis of the global Herbal Supplements and Remedies 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 Herbal Supplements and Remedies portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Herbal Supplements and Remedies market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Herbal Supplements and Remedies 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 Herbal Supplements and Remedies.
The global Herbal Supplements and Remedies market size is projected to grow from US$ 7471.4 million in 2022 to US$ 9931.2 million in 2029; it is expected to grow at a CAGR of 9931.2 from 2023 to 2029.
The major players in global Herbal Supplements and Remedies market include NBTY(US), Tsumura(JP), Weleda(CH) , etc. The top 3 players occupy about 10% shares of the global market. North America and Europe are main markets, they occupy about 55% of the global market. Mono-Herb Type is the main type, with a share about 85%. Health Care Industry is the main application, which holds a share about 60%.
This report presents a comprehensive overview, market shares, and growth opportunities of Herbal Supplements and Remedies market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Mono-Herb Type
Multi-Herb Type
Segmentation by application
Pharmaceutical Industry
Health Care Industry
Others
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.
NBTY(US)
Tsumura(JP)
Weleda(CH)
DSM(NL)
Nature's Sunshine Products(US)
Madaus(DE)
Nutraceutical(US)
Arkopharma(FR)
Schwabe(DE)
Ricola(CH)
Blackmores(AU)
Dabur(IN)
Herbal Africa(ZA)
Pharma Nord APS(DM)
SIDO MUNCUL(ID)
Nature's Answer (US)
TwinLab(US)
Pharmavite(US)b
Arizona Natural(US)
Potter's Herbals(UK)
Tongrentang(CN)
TASLY(CN)
Yunnan Baiyao(CN)
Sanjiu(CN)
Zhongxin(CN)
Haiyao(CN)
Taiji(CN)
Kunming Pharma(CN)
JZJT(CN)
Guangzhou Pharma(CN)
Key Questions Addressed in this Report
What is the 10-year outlook for the global Herbal Supplements and Remedies market?
What factors are driving Herbal Supplements and Remedies market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Herbal Supplements and Remedies market opportunities vary by end market size?
How does Herbal Supplements and Remedies 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.
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