Herbal Supplements Market worth 86.74 Billion USD by 2022


Herbal Supplements Market categorizes the Global Market by Source (Leaves, Barks, Fruits & Vegetables, and Roots), Application (Pharmaceuticals, Food & Beverage, and Personal Care), Function (Medicinal and Aroma), Form, and Region

The report "Herbal Supplements Market by Source (Leaves, Barks, Fruits & Vegetables, and Roots), Application (Pharmaceuticals, Food & Beverage, and Personal Care), Function (Medicinal and Aroma), Form, and Region - Global Forecast to 2022", The herbal supplements market is projected to reach a value of USD 86.74 Billion by 2022 at a CAGR of 6.8%.

Key Content

Browse 75 market data tables and 46 figures spread through 140 pages and in-depth TOC on “Herbal Supplements Market by Source (Leaves, Barks, Fruits & Vegetables, and Roots), Application (Pharmaceuticals, Food & Beverage, and Personal Care), Function (Medicinal and Aroma), Form, and Region - Global Forecast to 2022”

For More Information @
http://www.marketsandmarkets.com/Market-Reports/herbal-supplements-market-736.html

Early buyers will receive 10% customization on reports.

The market is driven by factors such as demand for dietary supplements by women and young demography, and the consumer awareness for preventive healthcare measures. The high growth potential in the emerging markets and untapped regions provides new growth opportunities for market players.

The pharmaceuticals industry is the fastest-growing segment in the herbal supplements market by application during the forecast period 2016–2022

Herbal supplements find major applications in the pharmaceutical industry especially in the developed regions, This is due to the consumer’s reliability in the quality and effectiveness of herbal medicines. This has encouraged pharmaceutical manufacturers to acquire small nutraceutical companies, which has led to the growth of the herbal supplements market

The function of providing medicinal properties has the largest market in the herbal supplements industry

Herbal supplements consist of natural plant ingredients that have medicinal properties. This demand is observed in both developed and developing regions of the world for healthcare purposes. It can be attributed to the efficacy, safety, and minimal to no side effects of herbal ingredients. Herbal supplements are also used for therapeutic practices such as the treatment of osteoporosis and certain immune disorders.

Significant growth for herbal supplements is observed in the Asia-Pacific region

Cultural affinity for herbalism in countries such as India and China has resulted in the Asia-Pacific region to be the fastest growing region for herbal supplements market. The region is one of the major markets for the supply of herbal raw materials, which is one of the major factors driving the production of herbal supplements in the region. These supplements are also traded with developed regions, such as North America. For instance, China is one of the largest suppliers of herbal supplements to the U.S. and European markets.

This report includes a study of marketing and development strategies, along with the product portfolio of leading companies. It includes the profiles of leading companies such as Archer Daniels Midland Company (U.S.), Glanbia plc (Ireland), Herbalife International of America, Inc. (U.S.), Blackmores (Australia), and Nutraceutical International Corporation (U.S.).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

 

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

 

 

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.  

Products or Services

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of client

Contact Information

MnM

UNIT no 802, Tower no. 7, SEZ Pune
Maharashtra
411013
India
Phone : 1-888-600-6441
View website

Published in

Health

Published on

Apr 07, 2017