Global Herbal Supplements Market to Exhibit Further Growth, Expects M&M in New Report Available at MarketPublishers.com12 Dec 2016 • by Natalie Aster
LONDON – Herbal supplements enjoy relatively high demand from pole to pole. The demand for them is spurred by such factors as a rise in the ageing population and growing awareness over preventive healthcare measures among consumers. This market, for instance, is projected to grow at a CAGR of just under 7% over the period 2016-2022.
Yet regulatory measures create restraints for growth of this marketplace. Meanwhile, emerging markets have good growth potential for the coming years. Side effects that allopathic drugs have and the rising incidence of health disorders are some other opportunities.
In terms of applications, the herbal supplements segment rules this marketplace and it held the largest share of the market in 2015.
Region-wise, Europe is a leader given growing awareness about the supplements in this region.
When it comes to the region, Germany is the number one player (due to high consumption in this country), followed by such countries as Italy and France.
Herbal medicine ingredients from Europe boast good growth prospects in the U.S., Japan and Russia.
Blackmores, Glanbia plc, Bio-Botanica and Nutraceutical International Corporation are some of the largest players globally.
New research report “Herbal Supplements Market - Global Forecast to 2022” worked out by M&M offers a comprehensive guide to the worldwide market for herbal supplements. The study starts a detailed overview of this marketplace. It focuses on drivers and restraints of the global space.
The report limelights challenges this market faces and analyses its value chain. The research study examines the marketplace on the basis of the following factors: applications, functions, sources, and more.
It looks at the regulatory framework and explores regional marketplaces. The research report throws light on the competitive environment and comprises detailed profiles of leading companies. Forecasts up to 2022 are on hand in the study, too.
- all-round overview of this market space;
- coverage of forces impacting the marketplace;
- insights into its dynamics;
- investigation of performance of the market;
- data on the competitive landscape;
- future projections;
- and more.
More new studies by M&M can be found at its page.