Herbal Supplements Market will project a CAGR of 7.10% during the forecast period of 2022 to 2029.

• High medical costs, sedentary lifestyles, constrained government budgets, and rising prices for medical and diet products have prompted consumers to seek out more cost-effective alternatives, such as herbal supplements. Herbal remedies have been shown to be the safest options for long-term relief from physical and mental disorders.
• Data Bridge Market Research analyses that the herbal supplements market which was growing at a value of 42.75 billion in 2021 and is expected to reach the value of USD 74 billion by 2029, at a CAGR of 7.10% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.

Market Definition

• Herbal dietary supplements, also known as plants or botanicals, are a type of therapeutic dietary supplement. These plant-based dietary supplements are primarily used to improve health. Herbal supplements contain active ingredients derived from herbs. These dietary supplements, which have medicinal properties, are commercially available in the form of tablets, capsules, powders, or liquids. Because of their medicinal properties, they are primarily used to treat a variety of illnesses.
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Herbal Supplements Market Segmentation       

The herbal supplements market is segmented on the basis of product, formulation, consumer, source, function, and application and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Formulation

• Powder
• Liquid
• Tablets
• Capsules
• Soft gels
• Granules
• Others

Product type

• Moringa
• Echinacea
• Flaxseeds
• Turmeric
• Ginger
• Ginseng

Consumer

• Pregnant Women
• Adult
• Paediatric
• Geriatric

Source

• Leaves
• Fruits & Vegetable
• Barks
• Roots
• Others

Function

• Medicinal
• Aroma
• Others

End user

• Pharmaceutical
• Personal Care
• Food & Beverages
• Others

Distribution channel

• Offline store
• Online store

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Herbal Supplements Market Country Level Analysis

The countries covered in the herbal supplements market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

 The major players covered in the Herbal Supplements Market

• Royal Cosun (Netherlands)
• Greenyard (Belgium)
• Himalaya Food International Ltd. (India)
• J.R. Simplot Company (US)
• Lamb Weston Holdings, Inc. (UK)
• General Mills, Inc. (US)
• Mondelez International, Inc. (US)
• THE KRAFT HEINZ COMPANY (US)
• Royal Ingredients Group (Netherlands)
• Pioneer Industries Limited (India)
• Cargill, Incorporated (U.S.)
• Meelunie B.V. (Netherlands)
• Permolex Ltd (Canada)
• Amilina AB (Lithuania)
• Z&F Sungold Corporation (China)
• Tereos SCA (France)
• Ardent Mills LLC (U.S.)
• Bryan W. Nash & Sons Limited (U.K.)

TOC of the report

Chapter One: Introduction

Chapter Two: Market Segmentation

Chapter Three: Market Overview

Chapter Four: Executive Summary

Chapter Five: Premium Insights

Get TOC details from here:  https://www.databridgemarketresearch.com/toc/?dbmr=global-herbal-supplements-market        

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