Asia Pacific Herbal Supplements Market Size- By Source, By Functionality, By Application, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Asia Pacific Herbal Supplements Market Introduction and Overview
According to SPER market research, ‘Asia Pacific Herbal Supplements Market Size- By Source, By Functionality, By Application, By Distribution Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Asia Pacific Herbal Supplements Market is predicted to reach USD 118.77 billion by 2033 with a CAGR of 9.69%.
Supplements created from plants or plant extracts with an aim to promote overall health and wellbeing are called herbal remedies. They are frequently marketed as natural substitutes for prescription medications and are available in a variety of formats, including capsules, tablets, powders, and teas.
Asia Pacific’s herbal supplement market has been significantly impacted by the COVID-19 outbreak. When people started looking for ways to strengthen their resistance to the virus, there was a spike in demand for immune-boosting supplements.
Scope of the Report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Source, By Functionality, By Application, By Distribution Channel
Regions covered Australia, China, India, Japan, South Korea, Rest of Asia-Pacific
Companies Covered Archer Daniels Midland Company, Bio-Botanica Inc., Blackmores, Glanbia plc, Herbalife International of America, NaturaLife Asia Co. Ltd., Nestle Health Science, Nutraceutical International Corporation, Wel-Bloom Bio-Tech Corporation.
Asia Pacific Herbal Supplements Market Segmentation:
By Source: Based on the Source, Asia Pacific Herbal Supplements Market is segmented as; Leaves, Roots, Bark, Fruits & Vegetables, Others.
By Application: Based on the Application, Asia Pacific Herbal Supplements Market is segmented as; Food and Beverage, Pharmaceuticals, Personal Care, Others.
By Distribution Channel: Based on the Distribution Channel, Asia Pacific Herbal Supplements Market is segmented as; Offline Stores, Online Channels.
By Region: This research also includes data for Australia, China, India, Japan, South Korea, Rest of Asia-Pacific.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER’s internal database
- 2.1.4. Premium insight from KOL’s
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 4.2. COVID-19 Impacts of the Asia Pacific Herbal Supplements Market
- 5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTER’s Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
- 6. Competitive Landscape
- 6.1. Asia Pacific Herbal Supplements Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Asia Pacific Herbal Supplements Market
- 7. Asia Pacific Herbal Supplements Market, By Source (USD Million) 2020-2033
- 7.1. Asia Pacific Herbal Supplements Market Size, Share and Forecast, By Source, 2020-2026
- 7.2. Asia Pacific Herbal Supplements Market Size, Share and Forecast, By Source, 2027-2033
- 7.3. Leaves
- 7.4. Roots
- 7.5. Bark
- 7.6. Fruits & Vegetables
- 7.7. Others
- 8. Asia Pacific Herbal Supplements Market, By Functionality (USD Million) 2020-2033
- 8.1. Asia Pacific Herbal Supplements Market Size, Share and Forecast, By Functionality, 2020-2026
- 8.2. Asia Pacific Herbal Supplements Market Size, Share and Forecast, By Functionality, 2027-2033
- 8.3. Medicinal
- 8.4. Aromatic
- 8.5. Others
- 9. Asia Pacific Herbal Supplements Market, By Application (USD Million) 2020-2033
- 9.1. Asia Pacific Herbal Supplements Market Size, Share and Forecast, By Application, 2020-2026
- 9.2. Asia Pacific Herbal Supplements Market Size, Share and Forecast, By Application, 2027-2033
- 9.3. Food and Beverage
- 9.4. Pharmaceuticals
- 9.5. Personal Care
- 9.6. Others
- 10. Asia Pacific Herbal Supplements Market, By Distribution Channel (USD Million) 2020-2033
- 10.1. Asia Pacific Herbal Supplements Market Size, Share and Forecast, By Distribution Channel, 2020-2026
- 10.2. Asia Pacific Herbal Supplements Market Size, Share and Forecast, By Distribution Channel, 2027-2033
- 10.3. Offline Stores
- 10.4. Online Channels
- 11. Asia Pacific Herbal Supplements Market Forecast, 2020-2033 (USD Million)
- 11.1. Asia Pacific Herbal Supplements Market Size and Market Share
- 12. Asia Pacific Herbal Supplements Market, By Region, 2020-2033 (USD Million)
- 12.1. Asia Pacific Herbal Supplements Market Size and Market Share By Region (2020-2026)
- 12.2. Asia Pacific Herbal Supplements Market Size and Market Share By Region (2027-2033)
- 12.3. Australia
- 12.4. China
- 12.5. India
- 12.6. Japan
- 12.7. South Korea
- 12.8. Rest of Asia-Pacific
- 13. Company Profile
- 13.1. Archer Daniels Midland Company
- 13.1.1. Company details
- 13.1.2. Financial outlook
- 13.1.3. Product summary
- 13.1.4. Recent developments
- 13.2. Bio-Botanica Inc.
- 13.2.1. Company details
- 13.2.2. Financial outlook
- 13.2.3. Product summary
- 13.2.4. Recent developments
- 13.3. Blackmores
- 13.3.1. Company details
- 13.3.2. Financial outlook
- 13.3.3. Product summary
- 13.3.4. Recent developments
- 13.4. Glanbia plc
- 13.4.1. Company details
- 13.4.2. Financial outlook
- 13.4.3. Product summary
- 13.4.4. Recent developments
- 13.5. Herbalife International of America
- 13.5.1. Company details
- 13.5.2. Financial outlook
- 13.5.3. Product summary
- 13.5.4. Recent developments
- 13.6. NaturaLife Asia Co., Ltd.
- 13.6.1. Company details
- 13.6.2. Financial outlook
- 13.6.3. Product summary
- 13.6.4. Recent developments
- 13.7. Nestle Health Science
- 13.7.1. Company details
- 13.7.2. Financial outlook
- 13.7.3. Product summary
- 13.7.4. Recent developments
- 13.8. Nutraceutical International Corporation
- 13.8.1. Company details
- 13.8.2. Financial outlook
- 13.8.3. Product summary
- 13.8.4. Recent developments
- 13.9. Wel-Bloom Bio-Tech Corporation
- 13.9.1. Company details
- 13.9.2. Financial outlook
- 13.9.3. Product summary
- 13.9.4. Recent developments
- 13.10. Others
- 14. Conclusion
- 15. Reference Links
- 16. List of Abbreviations
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