
Herbal Supplements Market by Function (Aroma, Medicinal), Form (Capsules & Tablets, Oils, Powder), Source, Supplier Type, Application - Global Forecast 2024-2030
Description
Herbal Supplements Market by Function (Aroma, Medicinal), Form (Capsules & Tablets, Oils, Powder), Source, Supplier Type, Application - Global Forecast 2024-2030
The Herbal Supplements Market size was estimated at USD 13.03 billion in 2023 and expected to reach USD 14.18 billion in 2024, at a CAGR 8.88% to reach USD 23.65 billion by 2030.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Herbal Supplements Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Herbal Supplements Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Herbal Supplements Market, highlighting leading vendors and their innovative profiles. These include ABCO Laboratories, Inc., AIE Pharmaceuticals Inc., Archer-Daniels-Midland Company, Arizona Natural Products, Bio-Tech Pharmacal Inc., Blackmores Limited, Calocurb Limited, Glanbia PLC, Herbalife International of America, Inc., Nutraceutical International Corporation, Sunfood Nutraceuticals, Sunwink, Vitakem Nutraceutical Inc., Wellness Origin Indy, and Wonder Labs.
Market Segmentation & Coverage
This research report categorizes the Herbal Supplements Market to forecast the revenues and analyze trends in each of the following sub-markets:
Function
Aroma
Medicinal
Form
Capsules & Tablets
Oils
Powder
Syrups
Source
Barks
Fruits, Vegetables & Flowers
Leaves
Roots
Supplier Type
Private Labelled
White Labelled
Application
Food & Beverages
Personal Care
Pharmaceuticals
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the Herbal Supplements Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Herbal Supplements Market?
3. What are the technology trends and regulatory frameworks in the Herbal Supplements Market?
4. What is the market share of the leading vendors in the Herbal Supplements Market?
5. Which modes and strategic moves are suitable for entering the Herbal Supplements Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
192 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Herbal Supplements Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing prevalence of diabetes and cardiovascular diseases
- 5.1.1.2. Rising consumer awareness regarding preventive health care
- 5.1.1.3. Easy availability of herbal supplements products
- 5.1.2. Restraints
- 5.1.2.1. High cost of raw materials
- 5.1.3. Opportunities
- 5.1.3.1. Growing vegan population in developing countries
- 5.1.3.2. Development in herbal antioxidant supplement
- 5.1.4. Challenges
- 5.1.4.1. Reluctance of consumers towards use of herbal supplements without FDA approval
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Herbal Supplements Market, by Function
- 6.1. Introduction
- 6.2. Aroma
- 6.3. Medicinal
- 7. Herbal Supplements Market, by Form
- 7.1. Introduction
- 7.2. Capsules & Tablets
- 7.3. Oils
- 7.4. Powder
- 7.5. Syrups
- 8. Herbal Supplements Market, by Source
- 8.1. Introduction
- 8.2. Barks
- 8.3. Fruits, Vegetables & Flowers
- 8.4. Leaves
- 8.5. Roots
- 9. Herbal Supplements Market, by Supplier Type
- 9.1. Introduction
- 9.2. Private Labelled
- 9.3. White Labelled
- 10. Herbal Supplements Market, by Application
- 10.1. Introduction
- 10.2. Food & Beverages
- 10.3. Personal Care
- 10.4. Pharmaceuticals
- 11. Americas Herbal Supplements Market
- 11.1. Introduction
- 11.2. Argentina
- 11.3. Brazil
- 11.4. Canada
- 11.5. Mexico
- 11.6. United States
- 12. Asia-Pacific Herbal Supplements Market
- 12.1. Introduction
- 12.2. Australia
- 12.3. China
- 12.4. India
- 12.5. Indonesia
- 12.6. Japan
- 12.7. Malaysia
- 12.8. Philippines
- 12.9. Singapore
- 12.10. South Korea
- 12.11. Taiwan
- 12.12. Thailand
- 12.13. Vietnam
- 13. Europe, Middle East & Africa Herbal Supplements Market
- 13.1. Introduction
- 13.2. Denmark
- 13.3. Egypt
- 13.4. Finland
- 13.5. France
- 13.6. Germany
- 13.7. Israel
- 13.8. Italy
- 13.9. Netherlands
- 13.10. Nigeria
- 13.11. Norway
- 13.12. Poland
- 13.13. Qatar
- 13.14. Russia
- 13.15. Saudi Arabia
- 13.16. South Africa
- 13.17. Spain
- 13.18. Sweden
- 13.19. Switzerland
- 13.20. Turkey
- 13.21. United Arab Emirates
- 13.22. United Kingdom
- 14. Competitive Landscape
- 14.1. FPNV Positioning Matrix
- 14.2. Market Share Analysis, By Key Player
- 14.3. Competitive Scenario Analysis, By Key Player
- 15. Competitive Portfolio
- 15.1. Key Company Profiles
- 15.1.1. ABCO Laboratories, Inc.
- 15.1.2. AIE Pharmaceuticals Inc.
- 15.1.3. Archer-Daniels-Midland Company
- 15.1.4. Arizona Natural Products
- 15.1.5. Bio-Tech Pharmacal Inc.
- 15.1.6. Blackmores Limited
- 15.1.7. Calocurb Limited
- 15.1.8. Glanbia PLC
- 15.1.9. Herbalife International of America, Inc.
- 15.1.10. Nutraceutical International Corporation
- 15.1.11. Sunfood Nutraceuticals
- 15.1.12. Sunwink
- 15.1.13. Vitakem Nutraceutical Inc.
- 15.1.14. Wellness Origin Indy
- 15.1.15. Wonder Labs
- 15.2. Key Product Portfolio
- 16. Appendix
- 16.1. Discussion Guide
- 16.2. License & Pricing
- FIGURE 1. HERBAL SUPPLEMENTS MARKET RESEARCH PROCESS
- FIGURE 2. HERBAL SUPPLEMENTS MARKET SIZE, 2023 VS 2030
- FIGURE 3. HERBAL SUPPLEMENTS MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. HERBAL SUPPLEMENTS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. HERBAL SUPPLEMENTS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. HERBAL SUPPLEMENTS MARKET DYNAMICS
- FIGURE 7. HERBAL SUPPLEMENTS MARKET SIZE, BY FUNCTION, 2023 VS 2030 (%)
- FIGURE 8. HERBAL SUPPLEMENTS MARKET SIZE, BY FUNCTION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. HERBAL SUPPLEMENTS MARKET SIZE, BY FORM, 2023 VS 2030 (%)
- FIGURE 10. HERBAL SUPPLEMENTS MARKET SIZE, BY FORM, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. HERBAL SUPPLEMENTS MARKET SIZE, BY SOURCE, 2023 VS 2030 (%)
- FIGURE 12. HERBAL SUPPLEMENTS MARKET SIZE, BY SOURCE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. HERBAL SUPPLEMENTS MARKET SIZE, BY SUPPLIER TYPE, 2023 VS 2030 (%)
- FIGURE 14. HERBAL SUPPLEMENTS MARKET SIZE, BY SUPPLIER TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. HERBAL SUPPLEMENTS MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
- FIGURE 16. HERBAL SUPPLEMENTS MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. AMERICAS HERBAL SUPPLEMENTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 18. AMERICAS HERBAL SUPPLEMENTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. UNITED STATES HERBAL SUPPLEMENTS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 20. UNITED STATES HERBAL SUPPLEMENTS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. ASIA-PACIFIC HERBAL SUPPLEMENTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 22. ASIA-PACIFIC HERBAL SUPPLEMENTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 23. EUROPE, MIDDLE EAST & AFRICA HERBAL SUPPLEMENTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 24. EUROPE, MIDDLE EAST & AFRICA HERBAL SUPPLEMENTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 25. HERBAL SUPPLEMENTS MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 26. HERBAL SUPPLEMENTS MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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